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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 66,262 $ 195,808
Restricted cash and cash equivalents (primarily related to VIEs) 97,480 91,962
Receivables:    
Trade less allowance for credit losses of $200 and $90 respectively (primarily related to VIEs) 147,328 208,704
Other 44,568 44,530
Inventories 44,647 45,037
Costs and estimated earnings in excess of billings on uncompleted contracts 29,719 18,367
Prepaid expenses and other 86,991 41,595
Total current assets 516,995 646,003
Investment in unconsolidated companies 129,664 125,439
Deposits and other 48,737 44,631
Deferred income taxes 186,194 152,570
Property, plant and equipment, net ($3,115,955 and $2,802,920 related to VIEs, respectively) 3,328,676 2,998,949
Construction-in-process ($292,650 and $376,602 related to VIEs, respectively) 799,868 814,967
Operating leases right of use ($8,795 and $9,326 related to VIEs, respectively) 26,192 24,057
Finance leases right of use (none related to VIEs) 2,887 3,510
Intangible assets, net 316,515 307,609
Goodwill 151,074 90,544
Total assets 5,506,802 5,208,279
Current liabilities:    
Accounts payable and accrued expenses 183,386 214,518
Commercial paper (less deferred financing costs of $26 and $29, respectively) 99,974 99,971
Billings in excess of costs and estimated earnings on uncompleted contracts 16,277 18,669
Current portion of long-term debt:    
Financing liability 3,620 5,141
Operating lease liabilities 4,041 3,329
Finance lease liabilities 1,267 1,313
Total current liabilities 530,732 537,012
Long-term debt, net of current portion:    
Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $8,739 and $7,889, respectively) 540,995 447,389
Full recourse (less deferred financing costs of $5,002 and $3,056, respectively) 839,253 698,187
Convertible senior notes (less deferred financing costs of $6,982 and $8,146, respectively) 424,268 423,104
Financing liability 219,682 220,619
Operating lease liabilities 20,480 19,790
Finance lease liabilities 1,684 2,238
Liability associated with sale of tax benefits 167,188 184,612
Deferred income taxes 78,850 66,748
Liability for unrecognized tax benefits 7,520 8,673
Liabilities for severance pay 10,009 11,844
Asset retirement obligation 125,035 114,370
Other long-term liabilities 33,858 22,107
Total liabilities 2,999,554 2,756,693
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest 9,985 10,599
Equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 60,453,143 and 60,358,887 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 61 60
Additional paid-in capital 1,624,763 1,614,769
Treasury stock, at cost (258,667 shares held as of June 30, 2024 and December 31, 2023, respectively) (17,964) (17,964)
Retained earnings 766,137 719,894
Accumulated other comprehensive income (loss) (1,754) (1,332)
Total stockholders' equity attributable to Company's stockholders 2,371,243 2,315,427
Noncontrolling interest 126,020 125,560
Total equity 2,497,263 2,440,987
Total liabilities, redeemable noncontrolling interest and equity 5,506,802 5,208,279
Senior Secured Notes    
Current portion of long-term debt:    
Limited and non-recourse (primarily related to VIEs) 67,921 57,207
Senior Unsecured Bonds    
Current portion of long-term debt:    
Full recourse 154,246 116,864
Revolving Credit Facility    
Current liabilities:    
Short term revolving credit lines with banks (full recourse) $ 0 $ 20,000