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Condensed Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 712,468 $ 665,481 $ 1,383,825 $ 1,294,981
Cost of sales (554,360) (528,580) (1,080,698) (1,024,939)
Gross profit 158,108 136,901 303,127 270,042
Selling and administrative expenses (52,868) (48,192) (104,810) (96,144)
Corporate overhead (17,736) (16,352) (34,624) (31,905)
Alternative fuel mixture credits     95,500  
Other expense, net (3,646) (4,498) (6,225) (8,231)
Income from operations 83,858 67,859 252,968 133,762
Interest expense, net (13,256) (6,321) (22,939) (13,224)
Income before taxes 70,602 61,538 230,029 120,538
Provision for income taxes (25,448) (22,170) (167,031) (43,753)
Net income 45,154 39,368 62,998 76,785
Weighted average common shares outstanding:        
Basic 96,266 100,094 96,432 100,416
Diluted 97,411 101,128 97,596 101,518
Net income per common share:        
Basic $ 0.47 $ 0.39 $ 0.65 $ 0.76
Diluted $ 0.46 $ 0.39 $ 0.65 $ 0.76
Dividends declared per common share $ 0.25 $ 0.20 $ 0.50 $ 0.40
Other comprehensive income (loss), net of tax:        
Fair value adjustments to cash flow hedges (17,701) 39 (10,183) 5,722
Reclassification adjustment for cash flow hedges included in net income 1,859 (281) 1,582 (563)
Amortization of pension and postretirement plans actuarial loss and prior service cost 1,672 951 3,344 1,902
Other comprehensive income (loss) (14,170) 709 (5,257) 7,061
Comprehensive income $ 30,984 $ 40,077 $ 57,741 $ 83,846