v3.19.1
Interim Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Revenue (note 4) $ 102,649 $ 37,120
Cost of sales (note 11) 94,025 33,270
Gross profit 8,624 3,850
Selling, general and administrative expenses 6,698 3,509
Change in fair value of contingent consideration (note 4) (3,050)
Restructuring charges (note 4) 624
Operating income 4,352 341
Interest expense (note 4) 2,870 307
Net income before income taxes 1,482 34
Income tax expense (recovery) (note 8):    
Current 279 110
Deferred (8) (84)
Total income tax expense (recovery) 271 26
Net income and comprehensive income $ 1,211 $ 8
Net income per share:    
Basic (in dollars per share) $ 0.05 $ 0
Diluted (in dollars per share) $ 0.05 $ 0
Weighted average number of shares outstanding (note 9):    
Basic (in shares) 23,248,918 17,041,504
Diluted (in shares) 24,465,435 17,523,890

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