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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 229,762 $ 224,166
Cost of revenues:    
Total cost of revenues 156,835 145,356
Gross profit 72,927 78,810
Operating expenses:    
Research and development expenses 2,542 1,564
Selling and marketing expenses 4,172 5,126
General and administrative expenses 17,909 19,537
Other operating income (3,125) 0
Write-off of unsuccessful exploration and storage activities 516 0
Operating income 50,913 52,583
Other income (expense):    
Interest income 1,313 1,839
Interest expense, net (34,473) (30,968)
Derivatives and foreign currency transaction gains (losses) 2,060 (1,582)
Income attributable to sale of tax benefits 17,571 17,476
Other non-operating income, net 222 26
Income from operations before income tax and equity in earnings of investees 37,606 39,374
Income tax (provision) benefit 3,795 147
Equity in earnings (losses) of investees (367) 829
Net income 41,034 40,350
Net income attributable to noncontrolling interest (672) (1,763)
Net income attributable to the Company's stockholders 40,362 38,587
Comprehensive income:    
Net income 41,034 40,350
Other comprehensive income (loss), net of related taxes:    
Change in foreign currency translation adjustments 2,761 (2,163)
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 (896) 510
Other changes in comprehensive income 12 53
Total other comprehensive income (loss), net of related taxes: (2,101) 27
Comprehensive income 38,933 40,377
Comprehensive income attributable to noncontrolling interest (1,250) (1,301)
Comprehensive income attributable to the Company's stockholders $ 37,683 $ 39,076
Earnings per share attributable to the Company's stockholders:    
Earnings per share, basic (US Dollar per share) $ 0.67 $ 0.64
Earnings per share, diluted (US Dollar per share) $ 0.66 $ 0.64
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 basic earnings per share 60,559 60,386
Weighted average number of shares used in computation of diluted earnings per share 60,840 60,536
Cross currency swap    
Other comprehensive income (loss), net of related taxes:    
Change in unrealized gains or losses in respect of a cross currency swap / interest rate swap derivative instrument that qualifies as a cash flow hedge $ (3,466) $ 561
Interest rate swap    
Other comprehensive income (loss), net of related taxes:    
Change in unrealized gains or losses in respect of a cross currency swap / interest rate swap derivative instrument that qualifies as a cash flow hedge (512) 1,066
Electricity    
Revenues:    
Total revenues 180,241 191,253
Cost of revenues:    
Total cost of revenues 119,833 116,730
Product    
Revenues:    
Total revenues 31,769 24,832
Cost of revenues:    
Total cost of revenues 24,684 21,154
Energy Storage    
Revenues:    
Total revenues 17,752 8,081
Cost of revenues:    
Total cost of revenues $ 12,318 $ 7,472