XML 29 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Revenue $ 719,267 $ 692,812 $ 662,591
Revenues [1] 719,267 692,812 662,591
Cost of revenues:      
Cost of revenues 448,832 424,360 391,796
Gross profit 270,435 268,452 270,795
Operating expenses:      
Research and development expenses 4,183 3,157 2,762
Selling and marketing expenses 19,802 15,600 16,424
General and administrative expenses 47,750 42,881 46,710
Impairment charge 13,464
Write-off of unsuccessful exploration activities 126 1,796 3,017
Operating income 185,110 205,018 201,882
Other income (expense):      
Interest income 974 988 971
Interest expense, net (70,924) (54,142) (67,389)
Derivatives and foreign currency transaction gains (losses) (4,761) 2,654 (5,534)
Income attributable to sale of tax benefits 19,003 17,878 16,503
Other non-operating income (expense), net 7,779 (1,666) (5,345)
Income from continuing operations before income taxes and equity in earnings (losses) of investees 137,181 170,730 141,088
Income tax (provision) benefit (34,733) (21,664) (37,059)
Equity in earnings (losses) of investees, net 7,663 (1,957) (7,735)
Income from continuing operations 110,111 147,109 96,294
Net income attributable to noncontrolling interest (12,145) (14,695) (7,586)
Net income attributable to the Company's stockholders 97,966 132,414 88,708
Comprehensive income:      
Net income 110,111 147,109 96,294
Other comprehensive income (loss), net of related taxes:      
Currency translation adjustments (1,831) 3,440 (1,648)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment 2,235 804 1,185
Loss in respect of derivative instruments designated for cash flow hedge 81 135 141
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (57) (73) (96)
Comprehensive income 110,539 151,415 95,876
Comprehensive income attributable to noncontrolling interest (11,666) (15,532) (7,179)
Comprehensive income attributable to the Company's stockholders $ 98,873 $ 135,883 $ 88,697
Basic:      
Net income (in dollars per share) $ 1.93 $ 2.64 $ 1.79
Diluted:      
Net income (in dollars per share) $ 1.92 $ 2.61 $ 1.77
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:      
Basic (in shares) 50,643 50,110 49,469
Diluted (in shares) 50,969 50,769 50,140
Electricity [Member]      
Revenues:      
Revenue $ 509,879 $ 465,593 $ 436,292
Cost of revenues:      
Cost of revenues 298,255 266,840 261,573
Product [Member]      
Revenues:      
Revenue 201,743 224,483 226,299
Cost of revenues:      
Cost of revenues 140,697 152,094 130,223
Other Revenue [Member]      
Revenues:      
Revenue 7,645 2,736
Cost of revenues:      
Cost of revenues $ 9,880 $ 5,426
[1] Revenues as reported in the geographic area in which they originate.