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      "text": "(a) Includes true-ups, if required, to share-based compensation expense compared to prior periods. We have certain outstanding share-based awards with performance-based vesting conditions that require the achievement of certain Adjusted EBITDA and/or Net Sales targets as a condition of vesting. At each reporting period, we reassess the probability of achieving the performance criteria and the performance period required to meet those targets. When such performance conditions are deemed to be improbable of achievement, the compensation cost previously recorded is reversed.\n(b) Represents costs associated with the implementation of an ERP system.\n(c) Represents fees associated with the Capped Call Transactions.\n(d) Represents advisory fees related to activism engagement.",
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      "text": "Three Months Ended March 31, 2024, 2023 (Dollars in thousands) Net income (loss) $18,602 $(24,786) Depreciation and amortization 15,745 14,492 Interest income, net of interest expense (275) 2,225 Income tax expense 54 70 EBITDA $34,126 $(7,999) Loss on equity method investment 980 Gain on equity investment (9,918) — Loss on disposal of property, plant and equipment 150 268 Non-cash share-based compensation (a) 6,221 8,415 Enterprise Resource Planning (b) — 801 Capped Call Transactions fees (c) — 113 Activism engagement (d) — 389 Adjusted EBITDA $30,579 $2,967 Adjusted EBITDA as a % of Net Sales 13.7% 1.8%",
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