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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net sales $ 845,440 $ 723,473 $ 2,400,877 $ 2,107,298
Cost of sales (619,626) (560,921) (1,800,509) (1,641,619)
Gross profit 225,814 162,552 600,368 465,679
Selling and administrative expenses (56,469) (51,529) (167,009) (156,339)
Corporate overhead (21,143) (16,990) (59,852) (51,614)
Alternative fuel mixture credits       95,500
Other expense, net (6,242) (1,961) (21,031) (8,186)
Income from operations 141,960 92,072 352,476 345,040
Interest expense, net (11,850) (30,590) (30,333) (53,529)
Income before taxes 130,110 61,482 322,143 291,511
Provision for income taxes (45,930) (21,691) (112,885) (188,722)
Net income 84,180 39,791 209,258 102,789
Weighted average common shares outstanding:        
Basic 96,758 96,360 96,536 96,408
Diluted 97,597 97,349 97,512 97,520
Net income per common share:        
Basic $ 0.87 $ 0.41 $ 2.17 $ 1.07
Diluted $ 0.86 $ 0.41 $ 2.15 $ 1.05
Dividends declared per common share $ 0.40 $ 0.25 $ 1.1125 $ 0.7500
Net income 84,180 39,791 209,258 102,789
Other comprehensive income (loss), net of tax:        
Fair value adjustments to cash flow hedges       (10,183)
Reclassification adjustment for cash flow hedges included in net income 870 (605) 2,609 977
Amortization of pension and postretirement plans actuarial loss and prior service cost 3,387 1,672 11,921 5,016
Unfunded employee benefit obligations 4,963   13,418  
Other comprehensive income 9,220 1,067 27,948 (4,190)
Comprehensive income $ 93,400 $ 40,858 $ 237,206 $ 98,599