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Consolidated Statements Of Operations And Comprehensive (Loss) Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]      
Net sales $ 538,782 $ 620,500 $ 1,281,250
Cost of goods sold 533,757 571,857 726,373
Lower of cost or market inventory valuation adjustment 24,878 12,431 0
Gross (loss) profit (19,853) 36,212 554,877
Research and development 5,706 5,520 3,641
Selling and administrative expenses 46,510 74,012 76,977
Restructuring Charges 3,156 0 0
Goodwill impairment charges 0 171,117 0
Operating (loss) income (75,225) (214,437) 474,259
Other (income) expense, net (1,569) 4,679 (10,147)
Interest expense 85,313 58,087 36,568
Interest income (5,701) (3,439) (4,480)
(Loss) income before income taxes (153,268) (273,764) 452,318
Income tax (benefit) expense (22,103) (18,514) 69,356
Net (loss) income $ (131,165) $ (255,250) $ 382,962
Basic (loss) income per common share:      
Net (loss) income per share (in dollars per share) $ (0.51) $ (0.99) $ 1.48
Weighted average shares outstanding (in shares) 257,667,125 257,042,843 258,781,843
Diluted (loss) income per common share:      
Net (loss) income per share (in dollars per share) $ (0.51) $ (0.99) $ 1.48
Weighted average common shares outstanding (in shares) 257,667,125 257,042,843 258,791,228
STATEMENTS OF COMPREHENSIVE (LOSS) INCOME      
Net (loss) income $ (131,165) $ (255,250) $ 382,962
Foreign currency translation adjustments, net of tax of $29, $(8) and $0, respectively (24,385) 10,166 (7,024)
Commodities, interest rate and foreign currency derivatives, net of tax of $2,111, $4,424 and $(2,591), respectively (7,516) (13,554) 6,398
Other comprehensive loss, net of tax: (31,901) (3,388) (626)
Comprehensive (loss) income $ (163,066) $ (258,638) $ 382,336