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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Sales    
Sales $ 2,326,282 $ 1,821,316
Costs and expenses    
Materials, labor, and other operating expenses (excluding depreciation) 1,729,896 1,450,434
Depreciation and amortization 20,543 19,539
Selling and distribution expenses 146,651 120,917
General and administrative expenses 26,052 25,262
Other (income) expense, net (2,488) (97)
Total costs and expenses 1,920,654 1,616,055
Income from operations 405,628 205,261
Foreign currency exchange gain 132 154
Pension expense (excluding service costs) (171) (19)
Interest expense (6,254) (5,875)
Interest income 65 59
Change in fair value of interest rate swaps 2,066 1,024
Total nonoperating income (expense) (4,162) (4,657)
Income before income taxes 401,466 200,604
Income tax provision (98,866) (51,448)
Net income $ 302,600 $ 149,156
Weighted average common shares outstanding:    
Basic (in shares) 39,474 39,355
Diluted (in shares) 39,768 39,630
Net income per common share:    
Basic (in dollars per share) $ 7.67 $ 3.79
Diluted (in dollars per share) 7.61 3.76
Dividends declared per common share $ 0.12 $ 0.10