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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income (loss) $ (36,622) $ (8,036) $ 56,708
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities      
Depreciation and amortization 16,684 15,000 14,239
Provision for severance benefits 5,333 6,289 8,282
Amortization of debt issuance costs and original issue discount     261
Loss on foreign currency, net 3,373 19,729  
Provision for inventory reserves 3,885 9,574 2,244
Stock-based compensation 7,223 6,037 7,704
Loss on early extinguishment of borrowings     32,432
Deferred income taxes (13,405) 278 918
Other, net 757 664 (613)
Changes in operating assets and liabilities      
Accounts receivable, net 1,909 10,276 7,505
Inventories 2,370 (12,626) (5,939)
Other receivables 3,847 18,146 (21,538)
Prepaid expenses 8,808 8,923 8,004
Other current assets 8,048 (13,073) 4,393
Accounts payable 7,152 (16,325) (11,437)
Other accounts payable (8,934) (9,410) (7,798)
Accrued expenses 493 (7,228) 4,637
Accrued income taxes (1,569) (8,400) (1)
Deferred revenue 85 (1,261) (131)
Other current liabilities (109) (645) 1,445
Other non-current liabilities (238) 749 (1,398)
Contributions to severance insurance deposit accounts (5,101) (7,899) (5,688)
Payment of severance benefits (6,982) (6,012) (6,679)
Other, net (21) 415 193
Net cash provided by (used in) operating activities (3,014) 5,165 87,743
Cash flows from investing activities      
Proceeds from settlement of hedge collateral 5,669 15,232 5,214
Payment of hedge collateral (3,754) (15,282) (3,349)
Proceeds from disposal of property, plant and equipment 0 550 1,446
Purchase of property, plant and equipment (6,955) (23,394) (32,212)
Payment for intellectual property registration (263) (390) (614)
Collection of guarantee deposits 4,984 737 3,192
Payment of guarantee deposits (7,338) (2,381) (5,001)
Other, net     (114)
Net cash used in investing activities (7,657) (24,928) (31,438)
Cash flows from financing activities      
Proceeds from exercise of stock options 27 1,786 4,279
Acquisition of treasury stock (51,782) (13,960) (1,653)
Acquisition of stock under accelerated stock repurchase agreement     (20,073)
Payment under accelerated stock repurchase agreement     (17,427)
Repayment of financing related to water treatment facility arrangement (493) (500) (563)
Others (91) (70) (107)
Net cash used in financing activities (52,339) (12,744) (35,544)
Effect of exchange rates on cash and cash equivalents (4,375) (21,563) (21,154)
Net decrease in cash and cash equivalents (67,385) (54,070) (393)
Cash and cash equivalents at beginning of period 225,477 279,547 279,940
Cash and cash equivalents at end of period 158,092 225,477 279,547
Supplemental cash flow information      
Cash paid for interest     2,094
Cash paid for income taxes, net 1,442 18,988 12,672
Non-cash investing and financing activities      
Property, plant and equipment additions in other accounts payable 42 190 747
Acquisition of treasury stock to satisfy the tax withholding obligations in connection with equity-based compensation $ 544 387 826
Unsettled common stock repurchases   $ 378  
Exchange of exchangeable senior notes into common stock     $ 83,740