XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements Of Operations And Comprehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]        
Net sales $ 280,718 $ 480,390 $ 599,364 $ 955,384
Cost of sales 130,600 197,047 269,517 392,571
Gross profit 150,118 283,343 329,847 562,813
Research and development 710 713 1,422 1,350
Selling and administrative expenses 16,001 15,394 30,933 30,620
Operating loss 133,407 267,236 297,492 530,843
Other expense (income), net 311 863 (3,003) 1,330
Related party Tax Receivable Agreement benefit 0 0 (3,346) 0
Interest expense 20,880 32,969 46,552 66,669
Interest income (348) (731) (1,489) (1,145)
Loss from continuing operations before provision for income taxes 112,564 234,135 258,778 463,989
Provision for (benefit from) income taxes 19,788 37,767 43,734 70,185
Net income $ 92,776 $ 196,368 $ 215,044 $ 393,804
Net income (loss) per share (usd per share) $ 0.35 $ 0.68 $ 0.80 $ 1.36
Weighted Average Number of Shares Outstanding, Basic (shares) 267,249,580 290,565,408 268,233,233 290,562,234
Income (loss) from continuing operations per common share (usd per share) $ 0.35 $ 0.68 $ 0.80 $ 1.36
Weighted average common shares outstanding (shares) 267,260,395 290,574,153 268,243,997 290,571,132
Other comprehensive income:        
Foreign currency translation adjustments $ 3,630 $ 3,617 $ (13,538) $ 78
Commodities and foreign currency derivatives and other, net of tax of $10, $13 and $(12), respectively 11,238 (4,081) (28,543) 21,576
Other comprehensive (loss) income, net of tax 14,868 (464) (42,081) 21,654
Comprehensive loss 107,644 195,904 172,963 415,458
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax 1 (33) (162) (36)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax $ (2,963) $ 966 $ 7,964 $ (5,907)