XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income [Abstract]        
Revenue $ 303,840 $ 347,348 $ 1,033,731 $ 982,495
Cost of sales 170,171 170,286 562,881 518,549
Gross profit 133,669 177,062 470,850 463,946
Research and development 1,014 983 2,617 2,970
Selling and administrative expenses 18,578 19,006 57,862 114,942
Operating income 114,077 157,073 410,371 346,034
Other income, net (598) (364) (1,358) (314)
Interest expense 6,424 16,048 25,035 54,209
Interest income (241) (417) (2,197) (653)
Income before provision for income taxes 108,492 141,806 388,891 292,792
Provision for income taxes 15,041 21,920 56,260 45,942
Net income $ 93,451 $ 119,886 $ 332,631 $ 246,850
Net income per share (usd per share) $ 0.36 $ 0.45 $ 1.28 $ 0.92
Weighted average common shares outstanding (shares) 256,848,575 267,106,109 259,415,295 267,327,888
Net income per share (usd per share) $ 0.36 $ 0.45 $ 1.28 $ 0.92
Weighted average common shares outstanding (shares) 256,853,454 267,178,963 259,424,885 267,441,394
Other comprehensive (loss) income:        
Foreign currency translation adjustments, net of tax of $1, $0, $2 and $0 respectively $ (13,311) $ (9,112) $ (24,911) $ (13,689)
Commodities, interest rate and foreign currency derivatives, net of tax of $369, $(1,024), $(2,659) and $(7,435), respectively (2,426) 3,729 5,980 27,556
Total other comprehensive (loss) income (15,737) (5,383) (18,931) 13,867
Comprehensive income $ 77,714 $ 114,503 $ 313,700 $ 260,717