Basis of Presentation and Significant Accounting Policies (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Accounting Policies [Abstract] |
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| Cash and Cash Equivalents |
The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents on our condensed consolidated balance sheets to the totals presented on our condensed consolidated statements of cash flows: | | | | | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | | (In thousands) | | Cash and cash equivalents | | $ | 568,526 | | | $ | 499,779 | | Restricted cash and cash equivalents (1) | | 3,140 | | | 3,085 | | Restricted cash and cash equivalents included in Other Assets (2) | | 5,137 | | | 4,340 | | | Total cash and cash equivalents and restricted cash and cash equivalents as presented on our condensed consolidated statements of cash flows | | $ | 576,803 | | | $ | 507,204 | |
(1)Held to meet reinsurance reserve requirements of our captive insurer. (2)Held for future decommissioning of facilities.
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| Restricted Cash and Cash Equivalents |
The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents on our condensed consolidated balance sheets to the totals presented on our condensed consolidated statements of cash flows: | | | | | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | | (In thousands) | | Cash and cash equivalents | | $ | 568,526 | | | $ | 499,779 | | Restricted cash and cash equivalents (1) | | 3,140 | | | 3,085 | | Restricted cash and cash equivalents included in Other Assets (2) | | 5,137 | | | 4,340 | | | Total cash and cash equivalents and restricted cash and cash equivalents as presented on our condensed consolidated statements of cash flows | | $ | 576,803 | | | $ | 507,204 | |
(1)Held to meet reinsurance reserve requirements of our captive insurer. (2)Held for future decommissioning of facilities.
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| Property, Plant and Equipment, Net |
Property, plant and equipment is stated at cost and is set forth below: | | | | | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | | (In thousands) | | Land | | $ | 89,012 | | | $ | 54,802 | | | Buildings | | 586,547 | | | 519,901 | | | Machinery and equipment | | 1,395,432 | | | 1,286,010 | | | Property under construction | | 714,779 | | | 693,992 | | | Property, Plant and Equipment, Gross | | 2,785,770 | | | 2,554,705 | | | Less: Accumulated depreciation | | 1,038,292 | | | 969,569 | | Property, Plant and Equipment, Net (1) | | $ | 1,747,478 | | | $ | 1,585,136 | |
(1) Values are inclusive assets classified as held for sale (see Note 2).
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| Components of Accumulated Other Comprehensive Income (Loss) |
The components of Accumulated other comprehensive income (loss) included in Stockholders' Equity are as follows: | | | | | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | | (In thousands) | | Currency translation adjustments | | $ | (39,172) | | | $ | (2,020) | | Net unrealized gain on derivative financial instruments | | 377 | | | 6 | | | Unrecognized prior service cost on benefit obligations | | (14,812) | | | (17,265) | | Net unrealized loss on available-for-sale investments | | (94) | | | (94) | | Accumulated other comprehensive loss | | $ | (53,701) | | | $ | (19,373) | |
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| Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) |
The amounts reclassified out of Accumulated other comprehensive income (loss) by component and the affected condensed consolidated statements of income line items are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | | | | 2026 | | 2025 | | 2026 | | 2025 | | | Accumulated Other Comprehensive Income (Loss) Component Recognized | | (In thousands) | | Line Item Presented | Realized gains (losses) on derivative financial instruments | | $ | 13 | | | $ | (91) | | | $ | (889) | | | $ | 24 | | | Revenues | | | 143 | | | (412) | | | 249 | | | (89) | | | Cost of operations | | | 156 | | | (503) | | | (640) | | | (65) | | | Total before tax | | | (40) | | | 108 | | | 160 | | | 13 | | | Provision for Income Taxes | | | $ | 116 | | | $ | (395) | | | $ | (480) | | | $ | (52) | | | Net Income | Amortization of prior service cost on benefit obligations | | $ | (1,046) | | | $ | (814) | | | $ | (3,004) | | | $ | (2,425) | | | Other – net | | | 184 | | | 158 | | | 551 | | | 473 | | | Provision for Income Taxes | | | $ | (862) | | | $ | (656) | | | $ | (2,453) | | | $ | (1,952) | | | Net Income | Realized gains on investments | | $ | — | | | $ | — | | | $ | — | | | $ | 381 | | | Other – net | | | — | | | — | | | — | | | (80) | | | Provision for Income Taxes | | | $ | — | | | $ | — | | | $ | — | | | $ | 301 | | | Net Income | Total reclassification for the period | | $ | (746) | | | $ | (1,051) | | | $ | (2,933) | | | $ | (1,703) | | | |
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