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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 1,745,124 $ 1,803,101 $ 4,443,527 $ 4,648,109
Cost of goods sold 1,451,831 1,517,183 3,670,751 3,874,100
Gross profit 293,293 285,918 772,776 774,009
Selling, general and administrative expenses 106,405 84,320 314,582 287,821
Rationalization charges 19,483 6,424 38,033 13,212
Other pension and postretirement expense (income) 118 1,083 (698) 3,664
Income before interest and income taxes 167,287 194,091 420,859 469,312
Less interest and other debt expense 41,871 47,264 121,861 130,822
Income before income taxes 125,416 146,827 298,998 338,490
Provision for income taxes 25,363 36,210 67,684 76,954
Net income $ 100,053 $ 110,617 $ 231,314 $ 261,536
Earnings per share        
Basic net income per share (usd per share) $ 0.94 $ 1.02 $ 2.17 $ 2.39
Diluted net income per share (usd per share) $ 0.93 $ 1.02 $ 2.16 $ 2.38
Weighted average number of shares        
Basic (in shares) 106,847 108,421 106,776 109,583
Effect of dilutive securities (in shares) 290 331 292 428
Diluted (in shares) 107,137 108,752 107,068 110,011