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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 60,619 $ 40,110
Accounts receivable, net 74,270 69,503
Inventories, net 124,158 145,736
Income taxes receivable 6,158 11,374
Current derivative financial instruments   22,578
Other current assets 18,819 19,460
Total current assets 284,024 308,761
Property, plant and equipment, net 274,039 329,892
Deferred income tax assets, net 2 39,046
Intangibles, net 4,516 12,612
Derivative financial instruments   14,736
Other noncurrent assets 29,388 35,082
Total assets 591,969 740,129
Current liabilities:    
Accounts payable 75,216 120,351
Short-term debt 631,430 7,939
Accrued expenses 55,104 65,731
Income taxes payable 367 1,905
Total current liabilities 762,117 195,926
Long-term debt (less current portion) 524 481,449
Noncurrent income tax liabilities 3,003 5,341
Deferred income tax liabilities, net 0 1,105
Other noncurrent liabilities 38,253 43,581
Commitments and contingent liabilities (Note 15)
Mezzanine equity:    
Preferred stock, $0.01 par value Authorized - 1,000,000 shares Issued and outstanding - 150,000 shares outstanding at September 30, 2025 and December 31, 2024 335,800 288,465
Noncontrolling redeemable equity 523 480
Shareholders' equity (deficit):    
Common stock, $0.01 par value Authorized - 100,000,000 shares Issued and outstanding - 37,298,422 and 28,886,053 shares at September 30, 2025 and December 31, 2024 125,231 123,039
Accumulated other comprehensive income (loss) (46,986) (98,471)
Retained earnings (deficit) (626,496) (300,786)
Total shareholders' equity (deficit) (548,251) (276,218)
Total liabilities, mezzanine equity and shareholders' equity (deficit) $ 591,969 $ 740,129