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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 249,727 $ 211,784 $ 713,507 $ 648,913
Cost of revenues:        
Total cost of revenues 185,690 152,922 519,648 449,855
Gross profit 64,037 58,862 193,859 199,058
Operating expenses:        
Research and development expenses 1,284 1,816 5,265 5,110
Selling and marketing expenses 4,895 4,248 13,437 13,541
General and administrative expenses 20,174 22,973 57,869 60,536
Other operating income (3,125) (6,250) (10,519) (6,250)
Impairment of long-lived assets 0 323 0 1,280
Write-off of unsuccessful exploration and storage activities 377 77 1,144 1,456
Operating income 40,432 35,675 126,663 123,385
Other income (expense):        
Interest income 1,626 2,051 4,868 6,494
Interest expense, net (35,677) (34,822) (106,832) (99,506)
Derivatives and foreign currency transaction gains (losses) (891) 2,046 6,237 132
Income attributable to sale of tax benefits 14,356 19,760 48,178 53,034
Other non-operating income, net 124 22 422 122
Income from operations before income tax and equity in earnings of investees 19,970 24,732 79,536 83,661
Income tax (provision) benefit 4,283 1,193 13,544 4,518
Equity in earnings (losses) of investees 455 (1,624) 861 437
Net income 24,708 24,301 93,941 88,616
Net income attributable to noncontrolling interest (571) (2,219) (1,396) (5,704)
Net income attributable to the Company's stockholders 24,137 22,082 92,545 82,912
Comprehensive income:        
Net income 24,708 24,301 93,941 88,616
Other comprehensive income (loss), net of related taxes:        
Change in foreign currency translation adjustments (2,578) 4,914 7,730 2,485
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of an unconsolidated investment that qualifies as a cash flow hedge (263) (1,863) (1,373) (924)
Other changes in comprehensive income 10 11 33 36
Total other comprehensive income (loss), net of related taxes: (4,970) (1,988) 1,364 (2,974)
Comprehensive income 19,738 22,313 95,305 85,642
Comprehensive income attributable to noncontrolling interest (555) (3,071) (3,280) (5,992)
Comprehensive income attributable to the Company's stockholders $ 19,183 $ 19,242 $ 92,025 $ 79,650
Earnings per share attributable to the Company's stockholders:        
Earnings per share, basic (US Dollar per share) $ 0.40 $ 0.37 $ 1.53 $ 1.37
Earnings per share, diluted (US Dollar per share) $ 0.39 $ 0.36 $ 1.51 $ 1.37
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:        
Weighted average number of shares used in computation of basic earnings per share 60,749 60,480 60,666 60,439
Weighted average number of shares used in computation of diluted earnings per share 61,252 60,770 61,132 60,726
Cross-currency swap        
Other comprehensive income (loss), net of related taxes:        
Change in unrealized gains or losses in respect of a cross-currency swap / interest rate swap derivative instrument that qualifies as a cash flow hedge $ (1,881) $ (2,649) $ (4,023) $ (3,277)
Interest rate swap        
Other comprehensive income (loss), net of related taxes:        
Change in unrealized gains or losses in respect of a cross-currency swap / interest rate swap derivative instrument that qualifies as a cash flow hedge (258) (2,401) (1,003) (1,294)
Electricity        
Revenues:        
Total revenues 167,110 164,638 507,263 522,117
Cost of revenues:        
Total cost of revenues 124,588 114,941 365,657 342,186
Product        
Revenues:        
Total revenues 62,247 37,357 153,628 100,018
Cost of revenues:        
Total cost of revenues 48,766 30,166 116,568 83,982
Energy Storage        
Revenues:        
Total revenues 20,370 9,789 52,616 26,778
Cost of revenues:        
Total cost of revenues $ 12,336 $ 7,815 $ 37,423 $ 23,687