Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Useful Life of Property, Plant, and Equipment

	Years
Buildings and improvements	10 to 45
Machinery and equipment	3 to 25
Leasehold improvements	Life of Lease

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The table below sets forth the share-based awards that have been excluded from the computation of diluted earnings per share because their effect would be anti-dilutive:

	For the Years Ended December 31,
	2023	2022	2021
Anti-Dilutive Restricted Stock Units	1,146	942	45,653
Anti-Dilutive Performance Share Units	—	—	—
	1,146	942	45,653

Schedule of Earnings Per Share, Basic and Diluted

The computations for basic and dilutive earnings per share are as follows:

Dollars in thousands, except per share data	For the Years Ended December 31,
	2023		2022		2021
Numerator:
Net Income	$	655,892	$	466,979	$	34,110
Denominator:
Weighted-average shares of common stock outstanding	32,941,654		34,811,906		34,404,360
Effect of dilutive shares	200,353		906,349		984,198
Weighted-average diluted shares of common stock outstanding	33,142,007		35,718,255		35,388,558
Earnings per Share:
Basic	$	19.91	$	13.41	$	0.99
Dilutive	$	19.79	$	13.07	$	0.96

Schedule of Common Stock Outstanding

Shares of common stock outstanding were as follows:

	2023	2022	2021
Balance, Beginning of Year	34,746,904	34,480,181	34,031,374
Retirement Related to Stock Repurchase (1)	(5,224,016)	(124,454)	—
Issuance Related to Stock-Based Compensation (2)	387,551	391,177	448,807
Balance, End of Year	29,910,439	34,746,904	34,480,181

(1) See Note 4 - Stock and Debt Repurchases for additional information.

(2) See Note 18 - Stock-Based Compensation for additional information.