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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Electricity $ 111,777,000 $ 104,001,000 $ 227,553,000 $ 211,869,000
Product 67,587,000 55,860,000 141,709,000 99,586,000
Total revenues 179,364,000 159,861,000 369,262,000 311,455,000
Cost of revenues:        
Electricity 65,439,000 62,243,000 131,475,000 125,929,000
Product 43,432,000 31,822,000 92,884,000 55,857,000
Total cost of revenues 108,871,000 94,065,000 224,359,000 181,786,000
Gross profit 70,493,000 65,796,000 144,903,000 129,669,000
Operating expenses:        
Research and development expenses 1,050,000 595,000 1,652,000 944,000
Selling and marketing expenses 4,090,000 3,668,000 8,453,000 7,343,000
General and administrative expenses 12,201,000 8,783,000 22,150,000 17,532,000
Write-off of unsuccessful exploration activities 0 863,000 0 1,420,000
Operating income 53,152,000 51,887,000 112,648,000 102,430,000
Other income (expense):        
Interest income 362,000 245,000 606,000 565,000
Interest expense, net (14,540,000) (18,401,000) (29,463,000) (34,424,000)
Derivatives and foreign currency transaction gains (losses) 1,703,000 (4,332,000) 3,041,000 (2,370,000)
Income attributable to sale of tax benefits 4,356,000 4,519,000 10,513,000 8,917,000
Other non-operating income (expense), net 6,000 49,000 (86,000) 240,000
Income from continuing operations before income taxes and equity in losses of investees 45,039,000 33,967,000 97,259,000 75,358,000
Income tax (provision) benefit (6,369,000) (7,890,000) (17,255,000) (17,399,000)
Equity in losses of investees, net (428,000) (1,144,000) (2,027,000) (2,081,000)
Income from continuing operations 38,242,000 24,933,000 77,977,000 55,878,000
Net income attributable to noncontrolling interest (3,206,000) (584,000) (7,629,000) (2,258,000)
Net income attributable to the Company's stockholders 35,036,000 24,349,000 70,348,000 53,620,000
Comprehensive income:        
Net income 38,242,000 24,933,000 77,977,000 55,878,000
Other comprehensive income (loss), net of related taxes:        
Change in foreign currency translation adjustments 1,461,000 1,539,000
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment (916,000) (1,987,000) (347,000) (5,166,000)
Loss in respect of derivative instruments designated for cash flow hedge 20,000 22,000 42,000 43,000
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (15,000) (24,000) (39,000) (48,000)
Comprehensive income 38,792,000 22,944,000 79,172,000 50,707,000
Comprehensive income attributable to noncontrolling interest (3,613,000) (584,000) (8,025,000) (2,258,000)
Comprehensive income attributable to the Company's stockholders $ 35,179,000 $ 22,360,000 $ 71,147,000 $ 48,449,000
Basic:        
Net income (in dollars per share) $ 0.70 $ 0.49 $ 1.41 $ 1.09
Diluted:        
Net income (in dollars per share) $ 0.69 $ 0.49 $ 1.39 $ 1.07
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:        
Basic (in shares) 49,771 49,456 49,726 49,314
Diluted (in shares) 50,624 50,137 50,559 49,977
Dividend per share declared (in dollars per share) $ 0.08 $ 0.07 $ 0.25 $ 0.38