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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 40,350 $ 33,461
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,351 53,161
Accretion of asset retirement obligation 1,910 1,532
Stock-based compensation 4,769 2,990
Income attributable to sale of tax benefits, net of interest expense (8,627) (7,645)
Equity in earnings of investees (829) (271)
Mark-to-market of derivative instruments 813 993
Disposal of property, plant and equipment (312) (123)
Gain on severance pay fund asset (97) (116)
Loss on foreign currency exchange rates 741 0
Deferred income tax provision (9,683) 501
Liability for unrecognized tax benefits 582 22
Changes in operating assets and liabilities, net of businesses acquired:    
Receivables 57,193 (26,626)
Costs and estimated earnings in excess of billings on uncompleted contracts (5,249) (731)
Inventories (8,837) (22,615)
Prepaid expenses and other (3,710) (15,903)
Change in operating lease right of use asset 935 720
Deposits and other 262 (22)
Accounts payable and accrued expenses (16,333) 22,226
Billings in excess of costs and estimated earnings on uncompleted contracts 2,707 15,866
Liabilities for severance pay (1,141) (439)
Change in operating lease liabilities (816) (289)
Other long-term liabilities (1,770) (236)
Net cash provided by operating activities 115,209 56,456
Cash flows from investing activities:    
Capital expenditures (103,386) (106,877)
Investment in unconsolidated companies (608) (4,235)
Cash paid for business acquisition, net of cash acquired (274,631) 0
Decrease (increase) in severance pay fund asset, net of payments made to retired employees 791 (65)
Net cash used in investing activities (377,834) (111,177)
Cash flows from financing activities:    
Proceeds from long-term loans, net of transaction costs 331,345 99,850
Proceeds from exercise of options by employees 55 27
Proceeds from revolving credit lines with banks 40,000 0
Repayment of revolving credit lines with banks (60,000) 0
Cash received from noncontrolling interest 12,251 7,341
Repayments of long-term debt (37,826) (42,814)
Proceeds from issuance of common stock, net of related costs 0 297,121
Cash paid to noncontrolling interest (3,168) (2,985)
Payments under finance lease obligations (352) (570)
Deferred debt issuance costs (1,118) (857)
Cash dividends paid (7,243) (6,732)
Net cash provided by financing activities 273,944 350,381
Effect of exchange rate changes (128) (14)
Net change in cash and cash equivalents and restricted cash and cash equivalents 11,191 295,646
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 287,770 226,676
Cash and cash equivalents and restricted cash and cash equivalents at end of period 298,961 522,322
Supplemental non-cash investing and financing activities:    
Change in accounts payable related to purchases of property, plant and equipment (3,158) (1,221)
Right of use assets obtained in exchange for new lease liabilities $ 1,897 $ 1,028