XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 118,390 $ 230,214
Restricted cash and cash equivalents (primarily related to VIEs) 49,510 34,262
Receivables:    
Trade 79,587 80,807
Other 20,128 17,482
Inventories 18,569 12,000
Costs and estimated earnings in excess of billings on uncompleted contracts 59,901 52,198
Prepaid expenses and other 41,151 45,867
Total current assets 387,236 472,830
Investment in an unconsolidated company 13,957
Deposits and other 18,125 18,553
Deferred charges 43,598 43,773
Property, plant and equipment, net ($1,449,920 and $1,483,224 related to VIEs, respectively) 1,526,485 1,556,378
Construction-in-process ($159,612 and $120,853 related to VIEs, respectively) 408,939 306,709
Deferred financing and lease costs, net 5,186 3,923
Intangible assets, net 86,986 52,753
Goodwill 20,121 6,650
Total assets 2,510,633 [1] 2,461,569
Current liabilities:    
Accounts payable and accrued expenses 101,827 91,650
Short term revolving credit lines with banks (full recourse) 30,000
Billings in excess of costs and estimated earnings on uncompleted contracts 17,574 31,630
Current portion of long-term debt:    
Senior secured notes 32,608 32,234
Other loans 21,495 21,495
Full recourse 10,673 12,242
Total current liabilities 214,177 189,251
Long-term debt, net of current portion:    
Senior secured notes (less deferred financing costs of $8,528 and $9,177, respectively) 334,365 350,388
Other loans (less deferred financing costs of $5,957 and $6,409, respectively) 252,085 261,845
Senior unsecured bonds (less deferred financing costs of $654 and $755, respectively) 203,678 203,577
Other loans (less deferred financing costs of $1,206 and $1,346, respectively) 52,742 57,063
Investment in an unconsolidated company in excess of accumulated losses 11,081
Liability associated with sale of tax benefits 48,810 54,662
Deferred lease income 53,036 54,561
Deferred income taxes 44,113 35,382
Liability for unrecognized tax benefits 6,015 5,738
Liabilities for severance pay 21,025 18,600
Asset retirement obligation 24,267 23,348
Other long-term liabilities 22,823 21,294
Total liabilities 1,277,136 1,286,790
Commitments and contingencies (Note 10)
Redeemable noncontrolling interest 5,898 4,772
Equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 49,910,280 and 49,667,340 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 50 50
Additional paid-in capital 875,591 869,463
Retained earnings 274,566 216,644
Accumulated other comprehensive income (loss) (6,933) (7,732)
Total stockholders' equity attributable to Company's stockholders 1,143,274 1,078,425
Noncontrolling interest 84,325 91,582
Total equity 1,227,599 1,170,007
Total liabilities, redeemable noncontrolling interest and equity $ 2,510,633 $ 2,461,569
[1] Electricity segment assets include goodwill in the amount of $20.1 million