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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Sales      
Sales $ 4,643,404 $ 4,995,290 $ 4,431,991
Costs and expenses      
Materials, labor, and other operating expenses (excluding depreciation) 3,965,776 4,307,594 3,819,574
Depreciation and amortization 80,141 146,837 80,379
Selling and distribution expenses 390,739 363,138 327,220
General and administrative expenses 71,072 68,811 63,028
Loss (gain) on sale and curtailment of facilities 0 38,314 0
Other (income) expense, net (783) (1,442) 377
Total costs and expenses 4,506,945 4,923,252 4,290,578
Income from operations 136,459 72,038 141,413
Foreign currency exchange gain (loss) 449 (944) 720
Pension expense (excluding service costs) (2,474) (24,999) (260)
Interest expense (26,051) (26,193) (25,370)
Interest income 2,811 1,649 547
Change in fair value of interest rate swaps (2,963) 551 538
Total nonoperating income (expense) (28,228) (49,936) (23,825)
Income before income taxes 108,231 22,102 117,588
Income tax provision (27,306) (1,625) (34,631)
Net Income $ 80,925 $ 20,477 $ 82,957
Weighted average common shares outstanding:      
Basic 39,039 38,932 38,623
Diluted 39,242 39,387 39,074
Net income per common share:      
Basic $ 2.07 $ 0.53 $ 2.15
Diluted 2.06 0.52 2.12
Dividends declared per common share $ 1.37 $ 1.30 $ 0.07