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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales $ 165,845 $ 284,803 $ 346,809 $ 483,784
Cost of sales 129,813 141,879 269,172 250,130
Gross profit 36,032 142,924 77,637 233,654
Selling, general and administrative expense 9,436 9,638 19,303 20,573
Other expense (income), net (900) 628 303 452
Operating income 27,496 132,658 58,031 212,629
Interest expense, net 11,836 12,307 24,048 22,262
(Gain) loss on extinguishment of debt (8,644)   (8,644) 113
Non-operating other income, net (3,764) (3,430) (7,240) (3,408)
Income before provision for income taxes 28,068 123,781 49,867 193,662
Provision for income taxes 2,973 20,382 8,871 31,497
Net income $ 25,095 $ 103,399 $ 40,996 $ 162,165
Basic:        
Net income $ 0.33 $ 1.17 $ 0.54 $ 1.84
Diluted:        
Net income $ 0.33 $ 1.15 $ 0.54 $ 1.81