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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net (loss) income $ (45,235) $ 231,196
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Depreciation 12,355 12,243
Amortization of intangibles 2,674 2,789
Net (gain) loss on sale of property, plant and equipment (1,162) 33
Deferred income taxes (12,892) 86,461
Stock-based compensation 3,171 3,249
Non-cash interest expense 262 246
Equity in loss from unconsolidated entity 0 1,842
Accounts receivable (38,719) (27,747)
Inventories (17,136) (19,823)
Prepaid expenses and other 5,542 (15,573)
Accounts payable and accrued liabilities 64,202 73,227
Other, net (6,714) (348,415)
Net cash used in operating activities (33,652) (272)
Cash flows from investing activities    
Cash payments for capital expenditures (3,425) (8,698)
Expenditures for revenue generating assets (235) (20,144)
Proceeds from the sale of assets 8,385 40
Acquisition, net of cash acquired (2,872) (1,666)
Investment in unconsolidated affiliates and other (6,174) (3,350)
Net cash used in investing activities (4,321) (33,818)
Cash flows from financing activities    
Proceeds from exercise of stock options 0 11
Dividends paid (3,476) (3,864)
Borrowings under revolving credit facilities 111,303 20,414
Payments under revolving credit facilities (56,303) (414)
Debt issuance costs paid 0 (1)
Stock repurchases 0 (16,504)
Other (2,047) 0
Net cash provided by (used in) financing activities 49,477 (358)
Cash and cash equivalents:    
Net increase (decrease) in cash and cash equivalents 11,504 (34,448)
Cash and cash equivalents at beginning of period 31,923 115,484
Cash and cash equivalents at end of period 43,427 81,036
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,302 191
Net cash refunds received for income taxes (10,346) (193)
Period end balance of payables for property, plant, and equipment $ 1,788 $ 5,001