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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 1,790,793 $ 1,895,910 $ 550,771
Cost of sales 750,390 705,698 463,054
Gross profit (loss) 1,040,403 1,190,212 87,717
Research and development 2,684 2,129 3,456
Selling and administrative expenses 63,674 62,032 52,506
Operating income (loss) 974,045 1,126,051 31,755
Other expense (income), net 5,203 3,361 (2,104)
Related party Tax Receivable Agreement expense 3,393 86,478 0
Interest expense 127,331 135,061 30,823
Interest income (4,709) (1,657) (395)
Income (loss) from continuing operations before provision (benefit) for income taxes 842,827 902,808 3,431
Provision (benefit) for income taxes 98,225 48,920 (10,781)
Net income (loss) from continuing operations 744,602 853,888 14,212
Income (loss) from discontinued operations, net of tax 0 331 (6,229)
Net income (loss) $ 744,602 $ 854,219 $ 7,983
Basic loss per common share:      
Net income (loss) per share $ 2.58 $ 2.87 $ 0.03
Income (Loss) from Continuing Operations, Per Basic Share $ 2.58 $ 2.87 $ 0.05
Weighted average shares outstanding (shares) 289,057,356 297,748,327 302,225,923
Diluted loss per common share:      
Weighted average shares outstanding $ 2.58 $ 2.87 $ 0.03
Income (Loss) from Continuing Operations, Per Diluted Share $ 2.58 $ 2.87 $ 0.05
Weighted average diluted shares outstanding 289,074,601 297,753,770 302,225,923
STATEMENTS OF COMPREHENSIVE INCOME (LOSS)      
Net income (loss) $ 744,602 $ 854,219 $ 7,983
Foreign currency translation adjustments, net of tax of ($288), $0, and $0, respectively (6,371) (18,391) 23,028
Commodities and foreign currency derivatives and other, net of tax of $802, $0, and ($20), respectively 4,810 (7,698) 4,819
Other comprehensive (loss) income, net of tax: (1,561) (26,089) 27,847
Comprehensive income (loss) $ 743,041 $ 828,130 $ 35,830