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
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Sales $ 434,713 $ 389,267 $ 800,910 $ 722,198
Cost of goods sold 326,309 281,853 614,385 532,072
Gross profit 108,404 107,414 186,525 190,126
Selling, general and administrative expenses 43,477 35,358 84,095 70,070
Other operating expense, net 15,873 16,976 25,187 27,324
Operating income 49,054 55,080 77,243 92,732
Equity in net (income) from affiliated companies (13,666) (8,745) (25,518) (14,622)
Interest expense, net 27,221 48,176 56,384 94,961
Debt extinguishment costs 0 0 5,879 0
Other expense, net 5,691 14,312 10,663 16,281
Income (loss) before income taxes and noncontrolling interest 29,808 1,337 29,835 (3,888)
Provision for income taxes 13,649 3,007 13,120 97
Net income (loss) 16,159 (1,670) 16,715 (3,985)
Less: Net income (loss) attributable to the noncontrolling interest 377 (61) 719 78
Net income (loss) attributable to PQ Group Holdings Inc. $ 15,782 $ (1,609) $ 15,996 $ (4,063)
Net income (loss) per share:        
Basic income (loss) per share (usd per share) $ 0.12 $ (0.02) $ 0.12 $ (0.04)
Diluted income (loss) per share (usd per share) $ 0.12 $ (0.02) $ 0.12 $ (0.04)
Weighted average shares outstanding:        
Basic (shares) 133,222,463 104,015,815 133,188,303 103,981,851
Diluted (shares) 134,209,740 104,015,815 134,047,362 103,981,851