XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements Of Operations And Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net sales $ 347,348 $ 286,987 $ 982,495 $ 886,351
Cost of sales 170,286 131,862 518,549 401,379
Gross profit 177,062 155,125 463,946 484,972
Research and development 983 650 2,970 2,072
Selling and administrative expenses 19,006 19,062 114,942 49,995
Operating loss 157,073 135,413 346,034 432,905
Other expense (income), net (364) 694 (361) (2,309)
Related party Tax Receivable Agreement expense (benefit) 0 0 47 (3,346)
Interest expense 16,048 22,474 54,209 69,026
Interest income (417) (93) (653) (1,582)
Loss from continuing operations before provision for income taxes 141,806 112,338 292,792 371,116
Provision for (benefit from) income taxes 21,920 18,104 45,942 61,838
Net loss $ 119,886 $ 94,234 $ 246,850 $ 309,278
Net income (loss) per share (usd per share) $ 0.45 $ 0.35 $ 0.92 $ 1.15
Weighted Average Number of Shares Outstanding, Basic (shares) 267,106,109 267,265,705 267,327,888 267,908,427
Income (loss) from continuing operations per common share (usd per share) $ 0.45 $ 0.35 $ 0.92 $ 1.15
Weighted average common shares outstanding (shares) 267,178,963 267,279,555 267,441,394 267,920,890
Other comprehensive income:        
Foreign currency translation adjustments $ (9,112) $ 7,455 $ (13,689) $ (6,083)
Commodity and interest rate derivatives, net of tax of $(1,024), $(740), $(7,435), and $7,224 respectively 3,729 2,826 27,556 (25,717)
Other comprehensive (loss) income, net of tax (5,383) 10,281 13,867 (31,800)
Comprehensive loss $ 114,503 $ 104,515 $ 260,717 $ 277,478