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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income $ 231,196 $ 18,287
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation 12,243 9,580
Amortization of intangibles 2,789 3,156
Net loss on sale of property, plant and equipment 33 0
Deferred income taxes 86,461 (3,574)
Stock-based compensation 3,249 3,246
Non-cash interest expense 246 237
Loss from unconsolidated entity 1,842 1,486
Accounts receivable (27,747) (64,690)
Inventories (19,823) (10,916)
Prepaid expenses and other (15,573) 772
Accounts payable and accrued liabilities 73,227 22,203
Other, net (348,415) 2,803
Net cash used in operating activities (272) (17,410)
Cash flows from investing activities    
Cash payments for capital expenditures (8,698) (19,185)
Expenditures for revenue generating assets (20,144) 0
Proceeds from the sale of assets 40 0
Acquisition, net of cash acquired (1,666) 0
Note receivable issued to unconsolidated entity (3,350) 0
Net cash used in investing activities (33,818) (19,185)
Cash flows from financing activities    
Proceeds from exercise of stock options 11 7
Dividends paid (3,864) (4,151)
Borrowings under revolving credit facilities 20,414 232
Payments under revolving credit facilities (414) (232)
Debt issuance costs paid (1) (5)
Stock repurchases (16,504) (22,138)
Distribution to noncontrolling interest 0 (603)
Net cash used in financing activities (358) (26,890)
Cash and cash equivalents:    
Net decrease in cash and cash equivalents (34,448) (63,485)
Cash and cash equivalents at beginning of period 115,484 179,271
Cash and cash equivalents at end of period 81,036 115,786
Supplemental disclosures of cash flow information:    
Cash paid for interest 191 196
Net cash refunds received for income taxes (193) (40)
Period end balance of payables for property, plant, and equipment $ 5,001 $ 11,512