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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 764,850 $ 704,134 $ 1,792,803 $ 2,002,428
Cost of products sold 527,575 589,768 1,433,976 1,700,662
Gross profit 237,275 114,366 358,827 301,766
Selling, general and administrative expense 65,768 60,786 175,833 183,452
Restructuring expense 0 811 12,404 7,442
Operating profit 171,507 52,769 170,590 110,872
Interest expense (5,400) (7,476) (16,914) (23,599)
Interest income 559 1,507 2,905 6,887
Other pension and postretirement benefit expense (5,621) (9,562) (15,413) (28,212)
Other non-operating income (expense) 2,303 (509) 3,678 (593)
Income before income taxes 163,348 36,729 144,846 65,355
Income tax provision 40,225 7,721 38,683 19,908
Net income 123,123 29,008 106,163 45,447
Net income (loss) attributable to noncontrolling shareholders' interests 519 (336) 1,365 301
Net income attributable to Cooper Tire & Rubber Company $ 122,604 $ 29,344 $ 104,798 $ 45,146
Earnings per share:        
Basic (in dollars per share) $ 2.44 $ 0.58 $ 2.08 $ 0.90
Diluted (in dollars per share) $ 2.42 $ 0.58 $ 2.08 $ 0.90