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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Sales      
Sales $ 7,926,111 $ 5,474,838 $ 4,643,404
Costs and expenses      
Materials, labor, and other operating expenses (excluding depreciation) 6,300,076 4,536,051 3,965,776
Depreciation and amortization 80,753 95,169 80,141
Selling and distribution expenses 491,016 428,279 390,739
General and administrative expenses 83,228 78,636 71,072
Loss on curtailment of facility 0 1,707 0
Other (income) expense, net (765) (33) (783)
Total costs and expenses 6,954,308 5,139,809 4,506,945
Income from operations 971,803 335,029 136,459
Foreign currency exchange gain (loss) (10) 357 449
Pension expense (excluding service costs) (76) (7,457) (2,474)
Interest expense (24,806) (26,223) (26,051)
Interest income 195 999 2,811
Change in fair value of interest rate swaps 1,745 (2,426) (2,963)
Loss on extinguishment of debt 0 (13,968) 0
Total nonoperating income (expense) (22,952) (48,718) (28,228)
Income before income taxes 948,851 286,311 108,231
Income tax provision (236,365) (111,332) (27,306)
Net Income $ 712,486 $ 174,979 $ 80,925
Weighted average common shares outstanding:      
Basic (in shares) 39,420 39,277 39,039
Diluted (in shares) 39,646 39,431 39,242
Net income per common share:      
Basic (in dollars per share) $ 18.07 $ 4.45 $ 2.07
Diluted (in dollars per share) 17.97 4.44 2.06
Dividends declared per common share $ 5.42 $ 2.00 $ 1.37