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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Revenues $ 879,654 $ 829,424 $ 734,159
Cost of revenues:      
Total cost of revenues 607,035 565,406 465,335
Gross profit 272,619 264,018 268,824
Operating expenses:      
Research and development expenses 6,501 7,215 5,078
Selling and marketing expenses 17,694 18,306 16,193
General and administrative expenses 80,119 68,179 61,274
Other operating income (9,375) 0 0
Impairment of long-lived assets 1,280 0 32,648
Write-off of unsuccessful exploration activities 3,930 3,733 828
Operating income 172,470 166,585 152,803
Other income (expense):      
Interest income 7,883 11,983 3,417
Interest expense, net (134,031) (98,881) (87,743)
Derivatives and foreign currency transaction gains (losses) (4,187) (3,278) (6,044)
Income attributable to sale of tax benefits 73,054 61,157 33,885
Other non-operating income (expense), net 188 1,519 (709)
Income from operations before income tax and equity in earnings (losses) of investees 115,377 139,085 95,609
Income tax (provision) benefit 16,289 (5,983) (14,742)
Equity in earnings (losses) of investees (425) 35 (3,072)
Net income 131,241 133,137 77,795
Net income attributable to noncontrolling interest (7,508) (8,738) (11,954)
Net income attributable to the Company's stockholders 123,733 124,399 65,841
Comprehensive income:      
Net income 131,241 133,137 77,795
Other comprehensive income (loss), net of related taxes:      
Change in foreign currency translation adjustments (8,232) 1,257 (2,486)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment that qualifies as a cash flow hedge 602 (470) 8,370
Change in unrealized gains or losses in respect of a cross-currency swap derivative or interest rate swap derivative instruments that qualifies as a cash flow hedge (net of related tax)   (4,237) (1,825)
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax of $0) 0 0 40
Other changes in comprehensive income 50 53 59
Comprehensive income 124,662 129,740 81,953
Comprehensive income attributable to noncontrolling interest (6,328) (9,173) (11,421)
Comprehensive income attributable to the Company's stockholders $ 118,334 $ 120,567 $ 70,532
Earnings per share attributable to the Company's stockholders:      
Basic (in dollars per share) $ 2.05 $ 2.09 $ 1.17
Diluted (in dollars per share) $ 2.04 $ 2.08 $ 1.17
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:      
Weighted average number of shares used in computation of earnings per share, basic (in shares) 60,455 59,424 56,063
Weighted average number of shares used in computation of earnings per share, diluted (in shares) 60,790 59,762 56,503
Cross currency swap derivative      
Other comprehensive income (loss), net of related taxes:      
Change in unrealized gains or losses in respect of a cross-currency swap derivative or interest rate swap derivative instruments that qualifies as a cash flow hedge (net of related tax) $ 988 $ (4,237) $ (1,825)
Interest rate swap derivative      
Other comprehensive income (loss), net of related taxes:      
Change in unrealized gains or losses in respect of a cross-currency swap derivative or interest rate swap derivative instruments that qualifies as a cash flow hedge (net of related tax) 13 0 0
Electricity      
Revenues:      
Revenues 702,264 666,767 631,727
Cost of revenues:      
Total cost of revenues 459,526 422,549 380,361
Product      
Revenues:      
Revenues 139,661 133,763 71,414
Cost of revenues:      
Total cost of revenues 113,911 115,802 60,479
Energy storage      
Revenues:      
Revenues 37,729 28,894 31,018
Cost of revenues:      
Total cost of revenues $ 33,598 $ 27,055 $ 24,495