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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 355,535 $ 362,131 $ 767,042
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 594,663 631,508 612,702
Amortization of deferred debt issuance costs and premiums 3,534 3,523 3,247
Deferred income taxes (784) 13,394 (11,623)
Gain on disposal of fixed assets, net (3,978) (2,200) (2,807)
Share-based compensation 18,371 8,277 13,562
Other, net 8,160 16,660 (1,957)
Changes in assets and liabilities:      
Accounts receivable 99,690 205,491 (103,990)
Inventories 78,965 233,797 (148,137)
Other current assets (5,640) 2,673 (23,802)
Other assets 12,076 10,875 (34,835)
Trade accounts payable (36,047) (134,618) 86,574
Accrued expenses 3,709 (48,389) (40,637)
Pension and severance obligations (6,527) (844) (10,547)
Net operating lease ROU asset 3,544 50,650 (14,483)
Operating lease liabilities (1,577) (52,543) 1,574
Other non-current liabilities (34,826) (30,365) 6,873
Net cash provided by operating activities 1,088,868 1,270,020 1,098,756
Cash flows from investing activities:      
Payments for property, plant and equipment (743,796) (749,467) (908,294)
Proceeds from sale of property, plant and equipment 3,981 8,444 3,148
Proceeds from foreign exchange forward contracts 47,045 44,013 33,578
Payments for foreign exchange forward contracts (88,623) (75,786) (104,703)
Payments for short-term investments (568,711) (657,583) (438,803)
Proceeds from sale of short-term investments 65,502 94,242 33,972
Proceeds from maturities of short-term investments 474,097 379,344 370,924
Other investing activities 10,181 4,883 3,009
Net cash used in investing activities (800,324) (951,910) (1,007,169)
Cash flows from financing activities:      
Proceeds from revolving credit facilities 0 370,000 80,000
Payments of revolving credit facilities 0 (370,000) (80,000)
Proceeds from short-term debt 5,012 20,712 29,711
Payments of short-term debt (9,731) (19,448) (27,187)
Proceeds from long-term debt 172,651 168,335 366,386
Payments of long-term debt (177,214) (175,427) (214,290)
Payments for debt issuance costs (1,280) (1,385) (7,297)
Payments of finance lease obligations (72,255) (66,398) (40,673)
Proceeds from issuance of stock through share-based compensation plans 4,995 3,562 5,635
Payments of dividends (178,605) (74,686) (55,116)
Other financing activities (4,005) (4,472) (1,572)
Net cash (used in) provided by financing activities (260,432) (149,207) 55,597
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (14,417) (10,692) (16,299)
Net increase in cash, cash equivalents and restricted cash 13,695 158,211 130,885
Cash, cash equivalents and restricted cash, beginning of period 1,120,617 962,406 831,521
Cash, cash equivalents and restricted cash, end of period 1,134,312 1,120,617 962,406
Cash paid during the period for:      
Interest 60,263 54,306 54,355
Income taxes 82,617 90,458 97,333
Non-cash investing and financing activities:      
Property, plant and equipment included in capital expenditures payable 118,082 104,109 142,160
Property, plant and equipment acquired through grants 32,670 0 0
Right of use assets acquired through operating lease liabilities 29,541 6,270 64,849
Right of use assets acquired through finance lease liabilities 149,865 58,232 58,166
Grants and incentive receivables for qualified capital expenditures $ 1,403 $ 0 $ 0