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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues $ 447,506 $ 181,555 $ 801,699 $ 390,435
Costs and expenses:        
Cost of goods sold 177,779 149,836 347,081 321,882
Selling, general and administrative expenses 19,512 16,811 36,270 31,018
Total costs and expenses 197,291 166,647 383,351 352,900
Operating income 250,215 14,908 418,348 37,535
Interest expense, net [1],[2] (8,199) (8,339) (11,773) (12,037)
Pension settlement charge       (42,988)
Non-operating pension and other postretirement employee benefit costs (3,271) (3,478) (6,685) (7,113)
Income (loss) before income taxes 238,745 3,091 399,890 (24,603)
Income taxes (50,840) (453) (80,879) 10,409
Net income (loss) $ 187,905 $ 2,638 $ 319,011 $ (14,194)
Net income (loss) per share:        
Basic (in dollars per share) $ 2.79 $ 0.04 $ 4.74 $ (0.21)
Diluted (in dollars per share) 2.77 0.04 4.71 (0.21)
Dividends per share (in dollars per share) $ 0.41 $ 0.40 $ 0.82 $ 0.80
Weighted-average shares outstanding:        
Basic (in shares) 67,316 67,176 67,265 67,321
Diluted (in shares) 67,732 67,359 67,664 67,321
[1] Bond discounts and deferred loan fees are reported within interest expense, net on the Condensed Consolidated Statements of Operations.
[2] Realized losses on interest rate contracts consist of net cash received or paid and interest accruals on the interest rate swaps during the periods. Net cash received or paid is included in the supplemental cash flow information within interest, net of amounts capitalized in the Condensed Consolidated Statements of Cash Flows.