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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total consolidated revenues $ 166,480,000 $ 157,185,000 $ 528,802,000 $ 526,447,000
Cost of revenues:        
Cost of revenues 117,688,000 97,992,000 349,176,000 322,351,000
Gross profit 48,792,000 59,193,000 179,626,000 204,096,000
Operating expenses:        
Research and development expenses 706,000 716,000 3,065,000 2,368,000
Selling and marketing expenses 8,578,000 3,630,000 15,989,000 12,083,000
General and administrative expenses 13,606,000 10,877,000 43,325,000 33,027,000
Write-off of unsuccessful exploration activities 0 0 119,000 0
Operating income 25,902,000 43,970,000 117,128,000 156,618,000
Other income (expense):        
Interest income 214,000 255,000 516,000 861,000
Interest expense, net (18,700,000) (11,692,000) (48,890,000) (41,155,000)
Derivatives and foreign currency transaction gains (losses) (383,000) (1,001,000) (2,511,000) 2,040,000
Income attributable to sale of tax benefits 4,066,000 3,506,000 14,983,000 14,019,000
Other non-operating income (expense), net 309,000 (1,592,000) 7,662,000 (1,678,000)
Income from continuing operations before income taxes and equity in earnings (losses) of investees 11,408,000 33,446,000 88,888,000 130,705,000
Income tax (provision) benefit (1,184,000) (6,224,000) (3,347,000) (49,993,000)
Equity in earnings (losses) of investees, net (117,000) 337,000 1,481,000 (1,690,000)
Income from continuing operations 10,107,000 27,559,000 87,022,000 79,022,000
Net income attributable to noncontrolling interest 474,000 (3,599,000) (7,276,000) (11,228,000)
Net income attributable to the Company's stockholders 10,581,000 23,960,000 79,746,000 67,794,000
Comprehensive income:        
Net income 10,107,000 27,559,000 87,022,000 79,022,000
Other comprehensive income (loss), net of related taxes:        
Change in foreign currency translation adjustments (91,000) 1,005,000 (1,059,000) 2,544,000
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment 1,012,000 618,000 4,175,000 271,000
Loss in respect of derivative instruments designated for cash flow hedge 20,000 20,000 60,000 113,000
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (14,000) (18,000) (44,000) (57,000)
Comprehensive income 11,034,000 29,184,000 90,154,000 81,893,000
Comprehensive income attributable to noncontrolling interest 458,000 (4,006,000) (7,088,000) (11,950,000)
Comprehensive income attributable to the Company's stockholders $ 11,492,000 $ 25,178,000 $ 83,066,000 $ 69,943,000
Earnings per share attributable to the Company's stockholders:        
Net income (in dollars per share) $ 0.21 $ 0.48 $ 1.58 $ 1.36
Diluted:        
Net income (in dollars per share) $ 0.21 $ 0.47 $ 1.56 $ 1.34
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:        
Basic (in shares) 50,645 50,367 50,627 49,942
Diluted (in shares) 50,963 50,867 50,985 50,669
Electricity [Member]        
Revenues:        
Revenues $ 116,891,000 $ 110,876,000 $ 371,559,000 $ 337,548,000
Cost of revenues:        
Cost of revenues 79,845,000 64,444,000 234,563,000 193,676,000
Product [Member]        
Revenues:        
Revenues 48,439,000 44,912,000 152,026,000 186,621,000
Cost of revenues:        
Cost of revenues 35,669,000 32,218,000 106,968,000 125,102,000
Other Revenue [Member]        
Revenues:        
Revenues 1,150,000 1,397,000 5,217,000 2,278,000
Cost of revenues:        
Cost of revenues $ 2,174,000 $ 1,330,000 $ 7,645,000 $ 3,573,000