Libbey Inc Consolidated Statements of Operations Year ended December 31, (dollars in thousands, except per share $ 797,858 235 801.093 646,202 154.891 127,851 Net sales Freight billed to customers... Total revenues Cost of sales Gross profit Selling. general and administrative exp Goodwill impairment Income (loss) from operations... Other income (expense)... Earnings (loss) before interest and income taxes Interest expense Income (loss) before income taxes...! Provision for income taxes...... Net loss 781.828 3.328 785 156 631.115 154.041 126,205 79,700 (51,864) (5.306) (57.170) 20.400 (77,570) 15.798 (93 368) 27.040 (2,764) 24,276 21.979 2.297 10.253 (7,956) $ Net loss per share: Basic.. Diluted (036) (0.36) $ S (4.24) (4.24) Weighted average shares 22.180 Basic 22031 22.031 72 180 Diluted Dividends declared per share 0.1175 $ 0.4700 2015 3. Balance Sheet Details The following table provides detail of selected balance sheet items December 31 (dollar in the sands) Accounts receivable: Trade receivables Other receivables. Total accounts receivable, less allowing 2017 $ 22.521 1,456 83,977 88786 1,211 89,997 $ $ $ Inventories: Finished goods Work in process Raw materials ..., Repair parts.......... Operating supplies...... Total imventories, less loss provisions of $9,453 and $10,308 175,074 1,363 4,026 10,116 1,524 192 103 170,774 1485 3.906 10,240 1.481 187 886 $ $ Accrued liabilities: $ $ Accrued incentives. Other accrued liabilities....... Total accrued liabilities.... ... 19.359 24369 43,728 19.728 24.192 43.920 $ $ 4. Purchased Intangible Assets and Goodwill Purchased Intangibles Changes in purchased intangibles balances are as follows: (dollars in these $ 5 Beginning balance.................. ........ Amortization. Foreign currency impact............................. Ending balance 14565 (1,049) (131) 13385 15.25 01.073) $ S 14 565 Purchased intangible assets are composed of the following Indefinite life intangible assets .............................. Definite life intable assets, net of accumulated amortization of $20,006 and 519,093 Total 12.035 $ 1.350 $385 514565 Amortization expense for definite life intangible assets was $10 million and $1.1 million for years 2018 and 2017