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Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 1,895,910 $ 550,771 $ 437,963
Cost of sales 705,698 461,545 449,228
Additions to lower of cost or market reserve 0 1,509 18,974
Gross profit (loss) 1,190,212 87,717 (30,239)
Research and development 2,129 3,456 2,534
Selling and administrative expenses 62,032 52,506 58,515
Impairment of long-lived assets and goodwill 0 0 2,843
Operating income (loss) 1,126,051 31,755 (94,131)
Other expense (income), net 3,361 (2,104) (4,266)
Related party Tax Receivable Agreement expense 86,478 0 0
Interest expense 135,061 30,823 26,914
Interest income (1,657) (395) (358)
Income (loss) from continuing operations before provision (benefit) for income taxes 902,808 3,431 (116,421)
Provision (benefit) for income taxes 48,920 (10,781) (7,552)
Net income (loss) from continuing operations 853,888 14,212 (108,869)
Income (loss) from discontinued operations, net of tax 331 (6,229) (126,974)
Net income (loss) $ 854,219 $ 7,983 $ (235,843)
Basic loss per common share:      
Net income (loss) per share $ 2.87 $ 0.03 $ (0.78)
Income (Loss) from Continuing Operations, Per Basic Share 2.87 0.05 (0.36)
Diluted loss per common share:      
Weighted average shares outstanding 2.87 0.03 (0.78)
Income (Loss) from Continuing Operations, Per Diluted Share $ 2.87 $ 0.05 $ (0.36)
Weighted average diluted shares outstanding 297,753,770 302,225,923 302,225,923
STATEMENTS OF COMPREHENSIVE INCOME (LOSS)      
Net income (loss) $ 854,219 $ 7,983 $ (235,843)
Foreign currency translation adjustments, net of tax of ($288), $0, and $0, respectively (18,391) 23,028 2,574
Commodities and foreign currency derivatives and other, net of tax of $802, $0, and ($20), respectively (7,698) 4,819 125
Other comprehensive (loss) income, net of tax: (26,089) 27,847 2,699
Comprehensive income (loss) $ 828,130 $ 35,830 $ (233,144)