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Investments (Tables)
3 Months Ended
Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Income of Unconsolidated Investments
The following table details the Company’s equity in net income of unconsolidated investments (net of tax) for the three-month periods ended March 31, 2024 and 2023 (in thousands):
Three Months Ended
March 31,
20242023
Windfield$172,679 $387,299 
Other joint ventures7,821 8,889 
Total$180,500 $396,188 
Schedule Of Assets Liabilities And Results Of Operations For Unconsolidated Joint Ventures
The following table summarizes the unaudited results of operations for the Windfield joint venture, which met the significant subsidiary test for subsidiaries not consolidated or 50% or less owned persons under Rule 10-01 of Regulation S-X, for the three-month periods ended March 31, 2024 and 2023 (in thousands):
Three Months Ended
March 31,
20242023
Net sales$190,009 $1,959,298 
Gross profit149,982 1,901,700 
Income before income taxes94,630 1,784,150 
Net income66,411 1,248,902