| Schedule Of Financial Information Concerning Reportable Segments |
The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (Dollars in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 127,362 | | | $ | 131,840 | | | $ | 252,463 | | | $ | 243,679 | | Cash cost of goods sold(1) | 108,322 | | | 107,354 | | | 216,440 | | | 197,560 | | | Other segment expenses | 16,941 | | | 22,531 | | | 43,656 | | | 43,090 | | | Lower of cost or market inventory valuation adjustment | 2,521 | | | 1,893 | | | 7,779 | | | 4,676 | | | Research and development | 1,539 | | | 1,348 | | | 2,982 | | | 3,227 | | | Selling and administrative expenses | 12,616 | | | 13,267 | | | 26,844 | | | 27,889 | | | Other expense (income), net | 534 | | | (2,426) | | | (11,514) | | | (1,979) | | | Interest expense | 24,370 | | | 25,418 | | | 48,566 | | | 55,259 | | | Interest income | (713) | | | (1,866) | | | (1,554) | | | (3,801) | | | Income tax expense | 1,703 | | | 51,207 | | | 3,012 | | | 43,995 | | | Net loss | $ | (40,471) | | | $ | (86,886) | | | $ | (83,748) | | | $ | (126,237) | |
(1) Cash cost of goods sold is defined as cost of goods sold less depreciation and amortization and less cost of goods sold associated with the portion of our sales that consist of deliveries of by-products of the manufacturing processes, and is the significant expense the chief operating decision maker uses to evaluate segment expenses
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