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Investments (Tables)
9 Months Ended
Sep. 30, 2025
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 nine-month periods ended September 30, 2025 and 2024 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Windfield$52,383 $227,266 $179,131 $678,940 
Other joint ventures8,257 1,792 24,053 17,496 
Total$60,640 $229,058 $203,184 $696,436 
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 nine-month periods ended September 30, 2025 and 2024 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Net sales$219,898 $338,844 $806,337 $1,070,835 
Gross profit124,505 244,490 486,987 786,082 
Income before income taxes76,208 205,071 382,358 626,023 
Net income53,344 143,147 267,985 436,247