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CONSOLIDATED STATEMENTS OF (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2022
Jul. 24, 2022
Dec. 31, 2023
Dec. 31, 2021
Income Statement [Abstract]        
Net sales $ 2,744,148 $ 3,736,084 $ 5,402,434 $ 5,583,137
Cost of sales 2,232,049 2,929,699 4,197,442 4,384,062
Gross profit 512,099 806,385 1,204,992 1,199,075
Selling, general and administrative expenses 429,361 562,836 954,718 893,082
Loss (gain) on divestitures 921 (401,413) 10,080 (831,252)
Gain on legal settlements 0 (76,575) 0 0
Income from operations 81,817 721,537 240,194 1,137,245
Interest expense (157,191) (101,078) (380,706) (191,301)
Foreign exchange gain (loss) (4,809) 686 6,768 (3,749)
(Loss) gain on extinguishment of debt 474 28,354 (184) (42,234)
Other income, net 1,140 101 15,013 1,866
(Loss) income before income taxes (78,569) 649,600 (118,915) 901,827
Income tax (benefit) expense (15,073) 165,814 (43,390) 235,968
Net (loss) income (63,496) 483,786 (75,525) 665,859
Net loss allocated to participating securities 0 (3,575) 0 (7,815)
Net (loss) income applicable to common shares, basic $ (63,496) $ 480,211 $ (75,525) $ 658,044
Income per common share:        
Basic (in USD per share)   $ 3.77   $ 5.22
Diluted (in USD per share)   $ 3.73   $ 5.19
Weighted average number of common shares outstanding:        
Basic (in shares)   127,316   126,058
Diluted (in shares)   128,894   126,795