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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 542,111 $ 151,657
Accounts receivable, net 57,772 47,447
Inventories, net 33,631 41,404
Other receivables 4,551 10,200
Prepaid expenses 8,265 9,003
Hedge collateral (Note 9) 9,650 9,820
Other current assets (Notes 10 and 18) 8,338 10,013
Current assets held for sale (Note 2)   99,821
Total current assets 664,318 379,365
Property, plant and equipment, net 77,489 73,068
Operating lease right-of-use assets 2,032 1,876
Intangible assets, net 2,877 2,769
Long-term prepaid expenses 2,138 5,757
Other non-current assets 8,598 9,059
Non-current assets held for sale (Note 2)   123,434
Total assets 757,452 595,328
Current liabilities    
Accounts payable 40,497 40,376
Other accounts payable 7,639 6,410
Accrued expenses (Note 8) 41,630 44,799
Accrued income taxes 14,038 1,569
Operating lease liabilities 1,390 1,625
Current portion of long-term borrowings, net 306,567  
Other current liabilities (Note 10) 7,652 2,014
Current liabilities held for sale (Note 2)   37,040
Total current liabilities 419,413 133,833
Long-term borrowings, net 0 304,743
Accrued severance benefits, net 51,953 51,181
Other non-current liabilities 7,782 9,671
Non-current liabilities held for sale (Note 2)   110,881
Total liabilities 479,148 610,309
Commitments and contingencies (Note 18)
Stockholders' equity    
Common stock, $0.01 par value, 150,000,000 shares authorized, 44,595,393 shares issued and 35,489,720 outstanding at September 30, 2020 and 43,851,991 shares issued and 34,800,312 outstanding at December 31, 2019 447 439
Additional paid-in capital 159,840 152,404
Retained earnings (deficit) 220,253 (58,131)
Treasury stock, 9,105,673 shares at September 30, 2020 and 9,051,679 shares at December 31, 2019, respectively (107,649) (107,033)
Accumulated other comprehensive income (loss) 5,413 (2,660)
Total stockholders' equity (deficit) 278,304 (14,981)
Total liabilities and stockholders' equity $ 757,452 $ 595,328