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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales      
Sales $ 8,387,307 $ 7,926,111 $ 5,474,838
Costs and expenses      
Materials, labor, and other operating expenses (excluding depreciation) 6,472,540 6,300,076 4,536,051
Depreciation and amortization 101,593 80,753 95,169
Selling and distribution expenses 553,251 491,016 428,279
General and administrative expenses 103,750 83,228 78,636
Loss on curtailment of facility 0 0 1,707
Other (income) expense, net (1,676) (765) (33)
Total costs and expenses 7,229,458 6,954,308 5,139,809
Income from operations 1,157,849 971,803 335,029
Foreign currency exchange gain (loss) (1,584) (10) 357
Pension expense (excluding service costs) (294) (76) (7,457)
Interest expense (25,412) (24,806) (26,223)
Interest income 12,263 195 999
Change in fair value of interest rate swaps 3,559 1,745 (2,426)
Loss on extinguishment of debt 0 0 (13,968)
Total nonoperating income (expense) (11,468) (22,952) (48,718)
Income before income taxes 1,146,381 948,851 286,311
Income tax provision (288,723) (236,365) (111,332)
Net Income $ 857,658 $ 712,486 $ 174,979
Weighted average common shares outstanding:      
Basic (in shares) 39,526 39,420 39,277
Diluted (in shares) 39,772 39,646 39,431
Net income per common share:      
Basic (in dollars per share) $ 21.70 $ 18.07 $ 4.45
Diluted (in dollars per share) 21.56 17.97 4.44
Dividends declared per common share $ 4.01 $ 5.42 $ 2.00