Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 19,328 $ 52,367
Cost of sales 5,224 10,221
Gross profit 14,104 42,146
Operating expenses:    
Commissions expense 9,498 22,980
Selling, general and administrative expenses 7,315 9,122
Total operating expenses 16,813 32,102
Income (loss) from operations (2,709) 10,044
Other income, net 432 163
Income (loss) before income taxes (2,277) 10,207
Income tax provision (benefit) (354) 1,383
Net income (loss) $ (1,923) $ 8,824
Net income (loss) per common share:    
Basic (in dollars per share) $ (0.17) $ 0.78
Diluted (in dollars per share) $ (0.17) $ 0.78
Weighted-average number of common shares outstanding:    
Basic (in shares) 11,333 11,286
Diluted (in shares) 11,333 11,288