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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Sales      
Sales $ 5,474,838 $ 4,643,404 $ 4,995,290
Costs and expenses      
Materials, labor, and other operating expenses (excluding depreciation) 4,536,051 3,965,776 4,307,594
Depreciation and amortization 95,169 80,141 146,837
Selling and distribution expenses 428,279 390,739 363,138
General and administrative expenses 78,636 71,072 68,811
Loss on sale and curtailment of facilities 1,707 0 38,314
Other (income) expense, net (33) (783) (1,442)
Total costs and expenses 5,139,809 4,506,945 4,923,252
Income from operations 335,029 136,459 72,038
Foreign currency exchange gain (loss) 357 449 (944)
Pension expense (excluding service costs) (7,457) (2,474) (24,999)
Interest expense (26,223) (26,051) (26,193)
Interest income 999 2,811 1,649
Change in fair value of interest rate swaps (2,426) (2,963) 551
Loss on extinguishment of debt (13,968) 0 0
Total nonoperating income (expense) (48,718) (28,228) (49,936)
Income before income taxes 286,311 108,231 22,102
Income tax provision (111,332) (27,306) (1,625)
Net Income $ 174,979 $ 80,925 $ 20,477
Weighted average common shares outstanding:      
Basic (in shares) 39,277 39,039 38,932
Diluted (in shares) 39,431 39,242 39,387
Net income per common share:      
Basic (in dollars per share) $ 4.45 $ 2.07 $ 0.53
Diluted (in dollars per share) 4.44 2.06 0.52
Dividends declared per common share $ 2.00 $ 1.37 $ 1.30