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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 173,718 $ 71,173
Restricted cash and cash equivalents (primarily related to VIEs) 76,116 81,937
Receivables:    
Trade less allowance for credit losses of $779 and $0, respectively (primarily related to VIEs) 179,757 154,525
Other 18,121 22,048
Inventories 38,932 34,949
Costs and estimated earnings in excess of billings on uncompleted contracts [1] 19,477 38,365
Prepaid expenses and other 10,948 12,667
Total current assets 517,069 415,664
Investment in unconsolidated companies 84,414 81,140
Deposits and other 37,278 38,284
Deferred income taxes 116,758 129,510
Property, plant and equipment, net 2,038,038 1,971,415
Construction-in-process 394,123 376,555
Operating leases right of use 17,638 17,405
Finance leases right of use 13,280 14,161
Intangible assets, net 179,659 186,220
Goodwill 20,120 20,140
Total assets 3,418,377 [2],[3] 3,250,494
Current liabilities:    
Accounts payable and accrued expenses 149,591 141,857
Short term revolving credit lines with banks (full recourse) 100,057 40,550
Commercial paper 3,775 50,000
Billings in excess of costs and estimated earnings on uncompleted contracts 5,599 2,755
Current portion of long-term debt:    
Senior secured notes 28,544 24,473
Other loans 34,341 34,458
Full recourse 76,572 76,572
Operating lease liabilities 3,016 2,743
Finance lease liabilities 3,151 3,068
Total current liabilities 404,646 376,476
Long-term debt, net of current portion:    
Senior secured notes (less deferred financing costs of $5,802 and $6,317, respectively) 325,714 339,336
Other loans (less deferred financing costs of $9,514 and $10,482, respectively) 301,318 317,395
Senior unsecured bonds (less deferred financing costs of $929 and $675, respectively) 415,751 286,453
Other loans (less deferred financing costs of $1,430 and $1,519, respectively) 64,150 68,747
Operating lease liabilities 14,201 14,008
Finance lease liabilities 10,523 11,209
Liability associated with sale of tax benefits 118,072 123,468
Deferred income taxes 104,013 97,126
Liability for unrecognized tax benefits 15,309 14,643
Liabilities for severance pay 18,835 18,751
Asset retirement obligation 51,414 50,183
Other long-term liabilities 7,814 8,039
Total liabilities 1,851,760 1,725,834
Redeemable noncontrolling interest 9,806 9,250
Equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 51,067,163 and 51,031,652 issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 51 51
Additional paid-in capital 917,403 913,150
Retained earnings 524,864 487,873
Accumulated other comprehensive income (loss) (13,921) (8,654)
Total stockholders' equity attributable to Company's stockholders 1,428,397 1,392,420
Noncontrolling interest 128,414 122,990
Total equity 1,556,811 1,515,410
Total liabilities, redeemable noncontrolling interest and equity $ 3,418,377 $ 3,250,494
[1] Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the consolidated balance sheets. The contract liabilities balance at the beginning of the year was fully recognized as product revenues during the six months ended June 30, 2020 as a result of performance obligations satisfied.
[2] * Including unconsolidated investments 84,414 - - 84,414
[3] Electricity segment assets include goodwill in the amount of $20.1 million and $20.2 million as of June 30, 2020 and 2019, respectively. No goodwill is included in the Product and ESMS segment assets as of June 30, 2020 and 2019.