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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales        
Sales $ 1,879,451 $ 1,589,313 $ 6,143,928 $ 4,002,607
Costs and expenses        
Materials, labor, and other operating expenses (excluding depreciation) 1,594,405 1,261,697 4,909,362 3,302,869
Depreciation and amortization 20,299 20,029 60,258 75,260
Selling and distribution expenses 114,466 122,884 366,119 325,913
General and administrative expenses 21,002 26,060 64,252 60,899
Loss on curtailment of facility 0 0 0 1,707
Other (income) expense, net (107) 71 (485) 70
Total costs and expenses 1,750,065 1,430,741 5,399,506 3,766,718
Income from operations 129,386 158,572 744,422 235,889
Foreign currency exchange gain (loss) (353) 265 (52) (199)
Pension expense (excluding service costs) (19) (302) (57) (991)
Interest expense (6,279) (7,002) (18,501) (20,056)
Interest income 63 113 173 958
Change in fair value of interest rate swaps 59 147 1,058 (2,681)
Loss on extinguishment of debt 0 (13,968) 0 (13,968)
Total nonoperating income (expense) (6,529) (20,747) (17,379) (36,937)
Income before income taxes 122,857 137,825 727,043 198,952
Income tax provision (31,158) (34,633) (183,632) (49,974)
Net income $ 91,699 $ 103,192 $ 543,411 $ 148,978
Weighted average common shares outstanding:        
Basic (in shares) 39,442 39,315 39,413 39,264
Diluted (in shares) 39,661 39,526 39,623 39,396
Net income per common share:        
Basic (in dollars per share) $ 2.32 $ 2.62 $ 13.79 $ 3.79
Diluted (in dollars per share) 2.31 2.61 13.71 3.78
Dividends declared per common share $ 0.10 $ 1.70 $ 2.30 $ 1.90