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Condensed Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Revenue $ 363,646 $ 330,750 $ 729,891 $ 635,147
Cost of sales 201,496 201,867 392,710 348,263
Gross profit 162,150 128,883 337,181 286,884
Research and development 723 1,018 1,603 1,987
Selling and administrative expenses 18,030 75,783 39,284 95,936
Operating income 143,397 52,082 296,294 188,961
Other (income) expense, net (563) 357 (760) 50
Total interest expense 9,399 15,994 18,611 38,161
Interest income (1,858) (199) (1,956) (236)
Income before provision for income taxes 136,419 35,930 280,399 150,986
Provision for income taxes 21,422 7,765 41,219 24,022
Net income $ 114,997 $ 28,165 $ 239,180 $ 126,964
Net income per share (usd per share) $ 0.44 $ 0.11 $ 0.92 $ 0.47
Weighted average common shares outstanding (shares) 258,845,588 267,560,712 260,719,446 267,440,501
Net income per share (usd per share) $ 0.44 $ 0.11 $ 0.92 $ 0.47
Weighted average common shares outstanding (shares) 258,845,588 267,807,944 260,734,273 267,765,378
Other comprehensive (loss) income:        
Foreign currency translation adjustments, net of tax of $1, $0, $2 and $0 respectively $ (18,622) $ 8,854 $ (11,600) $ (4,577)
Commodities, interest rate and foreign currency derivatives, net of tax of $634, $(3,079), $(3,028) and $(6,411), respectively (4,557) 11,472 8,406 23,827
Total other comprehensive (loss) income (23,179) 20,326 (3,194) 19,250
Comprehensive income $ 91,818 $ 48,491 $ 235,986 $ 146,214