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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 158,092 $ 225,477
Accounts receivable, net 32,641 35,380
Inventories, net 32,733 39,883
Other receivables 4,295 7,847
Prepaid expenses 7,390 10,560
Hedge collateral (Note 9) 1,000 2,940
Other current assets (Note 1) 9,283 15,766
Total current assets 245,434 337,853
Property, plant and equipment, net 100,122 110,747
Operating lease right-of-use assets 4,639 5,265
Intangible assets, net 1,537 1,930
Long-term prepaid expenses 5,736 10,939
Deferred income taxes (Note 16) 50,836 38,324
Other non-current assets 12,187 11,587
Total assets 420,491 516,645
Current liabilities    
Accounts payable 24,443 17,998
Other accounts payable 5,292 9,702
Accrued expenses 10,457 9,688
Accrued income taxes 1,496 3,154
Operating lease liabilities 1,914 1,397
Other current liabilities (Note 1) 3,286 5,306
Total current liabilities 46,888 47,245
Accrued severance benefits, net 16,020 23,121
Non-current operating lease liabilities 2,897 4,091
Other non-current liabilities 10,088 14,035
Total liabilities 75,893 88,492
Commitments and contingencies
Stockholders' equity    
Common stock, $0.01 par value, 150,000,000 shares authorized, 56,971,394 shares issued and 38,852,742 outstanding at December 31, 2023 and 56,432,449 shares issued and 43,824,575 outstanding at December 31, 2022 569 564
Additional paid-in capital 273,256 266,058
Retained earnings 298,884 335,506
Treasury stock, 18,118,652 shares at December 31, 2023 and 12,607,874 shares at December 31, 2022, respectively (213,454) (161,422)
Accumulated other comprehensive loss (14,657) (12,553)
Total stockholders' equity 344,598 428,153
Total liabilities and stockholders' equity $ 420,491 $ 516,645