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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net Sales $ 579,975 $ 751,633 $ 1,231,411 $ 1,426,909
Cost of Sales 513,578 620,019 1,091,454 1,186,076
Gross Profit 66,397 131,614 139,957 240,833
Operating Expenses:        
Selling 11,109 15,552 24,176 30,829
Administrative 22,589 24,079 45,228 45,651
Research, development and technical services 14,105 16,690 29,243 33,163
Deferred compensation (income) expense 743 (3,406) 2,245 (10,907)
Total Operating expenses 48,546 52,915 100,892 98,736
Goodwill impairment (Note 16)   978   978
Business restructuring expenses 42 81 199 133
Operating Income 17,809 77,640 38,866 140,986
Other Income (Expense):        
Interest, net (3,865) (2,727) (6,687) (5,033)
Other, net (Note 15) 2,370 (5,369) 4,038 (7,019)
Nonoperating Income (Expense), Total (1,495) (8,096) (2,649) (12,052)
Income Before Provision for Income Taxes 16,314 69,544 36,217 128,934
Provision for Income Taxes 3,630 17,418 7,391 31,999
Net Income $ 12,684 $ 52,126 $ 28,826 $ 96,935
Net Income Per Common Share (Note 10):        
Basic $ 0.56 $ 2.29 $ 1.27 $ 4.24
Diluted $ 0.55 $ 2.26 $ 1.25 $ 4.19
Shares Used to Compute Net Income Per Common Share (Note 10):        
Basic 22,768 22,792 22,763 22,842
Diluted 22,945 23,055 22,970 23,115