XML 41 R30.htm IDEA: XBRL DOCUMENT v3.24.2
Investments (Tables)
 6 Months Ended
Jun. 30, 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 and six-month periods ended June 30, 2024 and 2023 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Windfield$278,995 $545,943 $451,674 $933,242 
Other joint ventures7,883 5,108 15,704 13,997 
Total$286,878 $551,051 $467,378 $947,239 
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 and six-month periods ended June 30, 2024 and 2023 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Net sales$541,982 $2,319,020 $731,991 $4,278,318 
Gross profit391,610 2,244,236 541,592 4,145,936 
Income before income taxes326,322 2,151,879 420,952 3,936,029 
Net income226,689 1,506,326 293,100 2,755,228