Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 223,632 $ 289,856
Operating costs and expenses:    
Cost of sales 191,321 210,504
Selling, general and administrative expenses 27,255 30,276
Research and development 7,733 7,086
Restructuring charges 1,264 1,025
Net loss on sales and disposals of assets 104 123
Total operating costs and expenses 227,677 249,014
Operating income (loss) (4,045) 40,842
Other (income) expense:    
Interest income (31) (43)
Interest expense 10,457 7,400
Other (income) expense, net 1,511 (95)
Income (loss) before income taxes (15,982) 33,580
Income tax expense 1,771 1,731
Net income (loss) $ (17,753) $ 31,849
Net income (loss) per share:    
Basic (in dollars per share) $ (0.40) $ 0.81
Diluted (in dollars per share) $ (0.40) $ 0.61
Weighted-average shares outstanding:    
Basic (in shares) 44,808 39,452
Diluted (in shares) 44,808 52,338