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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
NET SALES:      
Third-party customers $ 791,993 $ 755,863 $ 668,344
Related parties 564,431 413,408 230,909
Sales Revenue-net 1,356,424 1,169,271 899,253
Cost of goods sold 1,266,902 1,056,875 964,918
Gross profit (loss) 89,522 112,396 (65,665)
Other operating income - net (3,806) (37,386) (16,088)
Selling, general and administrative expenses 46,032 46,802 47,879
Operating income (loss) 47,296 102,980 (97,456)
Interest expense - third party (25,129) (25,625) (30,390)
Interest income - related parties 303 448 572
Interest income - third party 338 615 1,297
Net gain (loss) on forward contracts 804 (10,495) (19,415)
Loss on early extinguishment of debt 0 0 (4,711)
Other expense - net (1,373) (377) (40)
Income (loss) before income taxes and equity in earnings (losses) of joint ventures 22,239 67,546 (150,143)
Income tax benefit (expense) (14,359) (11,133) 12,357
Income (loss) before equity in earnings (losses) of joint ventures 7,880 56,413 (137,786)
Equity in earnings (losses) of joint ventures 3,445 3,558 (68,196)
Net income (loss) $ 11,325 $ 59,971 $ (205,982)
EARNINGS (LOSS) PER COMMON SHARE:      
Basic and Diluted (in dollars per share) $ 0.11 $ 0.59 $ (2.73)