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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Summary of Purchase Price Allocations The following table summarizes the final allocations of the BROSCO Acquisition purchase price consideration to the assets acquired and liabilities assumed based upon their respective estimated fair values at the date of acquisition:
Acquisition Date Fair Value
(thousands)
Cash and cash equivalents$4,009 
Accounts receivable19,688 
Inventories36,000
Other current assets159
Property and equipment57,331
Other assets508
Intangible assets:
   Trade name18,000
   Customer relationships29,000
Goodwill32,296
Assets acquired196,991
Accounts payable2,144 
Accrued liabilities4,078 
Deferred tax liabilities20,121 
Other long-term liabilities478 
Liabilities assumed26,821 
Net assets acquired$170,170 
Consideration paid, net of cash acquired$166,161 
Business Acquisition, Pro Forma Information The following pro forma financial information presents the combined results of operations as if the BROSCO facilities had been combined with us on January 1, 2022. The pro forma results are intended for information purposes only and do not purport to represent what the combined companies' results of operations would actually have been had the related transaction in fact occurred on January 1, 2022. They also do not reflect any cost savings, operating synergies, or revenue enhancements that we may achieve or the costs necessary to achieve these cost savings, operating synergies, revenue enhancements, or integration efforts.
Pro Forma
Year Ended December 31
20232022
(unaudited, thousands)
Sales $6,985,464 $8,582,674 
Net income (a)$498,065 $864,708 
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(a)    The pro forma financial information for the year ended December 31, 2023 was adjusted to exclude $5.1 million of pre-tax acquisition-related costs for legal, accounting, and other advisory-related services.