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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 33,461 $ 22,793
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 53,161 48,108
Accretion of asset retirement obligation 1,532 1,230
Stock-based compensation 2,990 2,814
Income attributable to sale of tax benefits, net of interest expense (7,645) (4,603)
Equity in earnings of investees (271) (577)
Mark-to-market of derivative instruments 993 277
Disposal of property, plant and equipment (123) (109)
Write-off of Energy Storage projects and assets 0 1,826
Loss (gain) on severance pay fund asset (116) 161
Deferred income tax provision 501 2,805
Liability for unrecognized tax benefits 22 304
Other 0 328
Changes in operating assets and liabilities, net of businesses acquired:    
Receivables (26,626) 5,127
Costs and estimated earnings in excess of billings on uncompleted contracts (731) (1,830)
Inventories (22,615) (4,443)
Prepaid expenses and other (15,903) (7,179)
Change in operating lease right of use asset 720 692
Deposits and other (22) 839
Accounts payable and accrued expenses 22,226 13,082
Billings in excess of costs and estimated earnings on uncompleted contracts 15,866 1,716
Liabilities for severance pay (439) (142)
Change in operating lease liabilities (289) (547)
Other long-term liabilities (236) (896)
Net cash provided by operating activities 56,456 81,776
Cash flows from investing activities:    
Purchase of marketable securities 0 (19,192)
Maturities of marketable securities 0 19,290
Capital expenditures (106,877) (137,246)
Investment in unconsolidated companies (4,235) (2,157)
Decrease (increase) in severance pay fund asset, net of payments made to retired employees (65) (27)
Net cash used in investing activities (111,177) (139,332)
Cash flows from financing activities:    
Proceeds from long-term loans, net of transaction costs 99,850 0
Proceeds from exercise of options by employees 27 99
Cash received from noncontrolling interest 7,341 5,443
Repayments of long-term debt (42,814) (39,058)
Proceeds from issuance of common stock, net of related costs 297,121 0
Cash paid to noncontrolling interest (2,985) (3,374)
Payments under finance lease obligations (570) (828)
Deferred debt issuance costs (857) (276)
Cash dividends paid (6,732) (6,727)
Net cash provided by (used in) financing activities 350,381 (44,721)
Effect of exchange rate changes (14) (34)
Net change in cash and cash equivalents and restricted cash and cash equivalents 295,646 (102,311)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 226,676 343,444
Cash and cash equivalents and restricted cash and cash equivalents at end of period 522,322 241,133
Supplemental non-cash investing and financing activities:    
Increase (decrease) in accounts payable related to purchases of property, plant and equipment (1,221) 8,448
Right of use assets obtained in exchange for new lease liabilities $ 1,028 $ 1,313