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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenue $ 224,166 $ 185,232
Cost of revenues:    
Cost of revenues 145,356 109,163
Gross profit 78,810 76,069
Operating expenses:    
Research and development expenses 1,564 1,288
Selling and marketing expenses 5,126 3,948
General and administrative expenses 19,537 17,667
Operating income 52,583 53,166
Other income (expense):    
Interest income 1,839 1,851
Interest expense, net (30,968) (23,631)
Derivatives and foreign currency transaction gains (losses) (1,582) (1,937)
Income attributable to sale of tax benefits 17,476 12,566
Other non-operating income, net 26 60
Income from operations before income tax and equity in earnings of investees 39,374 42,075
Income tax (provision) benefit 147 (8,885)
Equity in earnings of investees 829 271
Net income 40,350 33,461
Net income attributable to noncontrolling interest (1,763) (4,432)
Net income attributable to the Company's stockholders 38,587 29,029
Comprehensive income:    
Net income 40,350 33,461
Other comprehensive income (loss), net of related taxes:    
Change in foreign currency translation adjustments (2,163) (696)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of an unconsolidated investment that qualifies as a cash flow hedge 510 (1,014)
Other changes in comprehensive income 53 14
Total other comprehensive income (loss), net of related taxes: 27 (7,099)
Comprehensive income 40,377 26,362
Comprehensive income attributable to noncontrolling interest (1,301) (4,042)
Comprehensive income attributable to the Company's stockholders $ 39,076 $ 22,320
Earnings per share attributable to the Company's stockholders:    
Basic: (in dollars per share) $ 0.64 $ 0.51
Diluted: (in dollars per share) $ 0.64 $ 0.51
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:    
Basic (in shares) 60,386 56,710
Diluted (in shares) 60,536 57,104
Cross Currency Swap [Member]    
Other comprehensive income (loss), net of related taxes:    
Change in unrealized gains or lossesderivative instrument that qualifies as a cash flow hedge $ 561 $ (5,403)
Interest Rate Swap [Member]    
Other comprehensive income (loss), net of related taxes:    
Change in unrealized gains or lossesderivative instrument that qualifies as a cash flow hedge 1,066 0
Electricity [Member]    
Revenues:    
Revenue 191,253 170,310
Cost of revenues:    
Cost of revenues 116,730 94,758
Product [Member]    
Revenues:    
Revenue 24,832 10,042
Cost of revenues:    
Cost of revenues 21,154 9,351
Energy Storage and Management Services [Member]    
Revenues:    
Revenue 8,081 4,880
Cost of revenues:    
Cost of revenues $ 7,472 $ 5,054