Business Segments (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the operating results and capital expenditures information for the Nitrogen Fertilizer Segment:


	Three Months Ended March 31,
(in thousands)		2026		2025
Net sales		$	180,048	$	142,866
Less:
Feedstocks		17,932		16,529
Distribution costs		12,672		13,228
Other costs of materials (1)		(1,178)		(1,856)
Cost of materials and other		29,426		27,901
Less:
Direct operating expenses (exclusive of depreciation and amortization and turnaround expenses)		62,233		54,108
Turnaround expenses		971		378
Depreciation and amortization		19,963		18,041
Selling, general and administrative expenses		9,031		7,889
Interest expense		8,803		8,946
Interest income		(955)		(1,220)
Other segment items (2)		663		(265)
Net income		$	49,913	$	27,088

Capital expenditures		$	13,751	$	5,932

(1)Other costs of materials includes change in inventory adjustments and lease expense.

(2)Other segment items includes (gain) loss on asset disposal and other (income) expense.