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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net Sales $ 562,226 $ 719,185 $ 1,793,637 $ 2,146,094
Cost of Sales 490,990 600,709 1,582,444 1,786,785
Gross Profit 71,236 118,476 211,193 359,309
Operating Expenses:        
Selling 11,811 15,079 35,987 45,908
Administrative 22,904 33,848 68,132 79,499
Research, development and technical services 14,477 16,929 43,720 50,092
Deferred compensation income (3,101) (2,131) (856) (13,038)
Total Operating expenses 46,091 63,725 146,983 162,461
Goodwill impairment (Note 16)       978
Business restructuring expenses (Note 18) 5,628 92 5,827 225
Operating Income 19,517 54,659 58,383 195,645
Other Income (Expense):        
Interest, net (2,987) (2,221) (9,674) (7,254)
Other, net (Note 15) (690) (1,980) 3,348 (8,999)
Nonoperating Income (Expense), Total (3,677) (4,201) (6,326) (16,253)
Income Before Provision for Income Taxes 15,840 50,458 52,057 179,392
Provision for Income Taxes 3,269 11,074 10,660 43,073
Net Income $ 12,571 $ 39,384 $ 41,397 $ 136,319
Net Income Per Common Share (Note 10):        
Basic $ 0.55 $ 1.73 $ 1.82 $ 5.98
Diluted $ 0.55 $ 1.71 $ 1.8 $ 5.9
Shares Used to Compute Net Income Per Common Share (Note 10):        
Basic 22,786 22,753 22,770 22,813
Diluted 22,930 23,034 22,956 23,089