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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 132,654 $ 138,610
Accounts receivable, net 28,270 28,402
Inventories, net 32,633 30,535
Other receivables 5,229 4,444
Prepaid expenses 10,591 10,379
Hedge collateral (Note 8) 2,080 2,080
Other current assets (Note 18) 4,017 4,779
Total current assets 215,474 219,229
Property, plant and equipment, net 80,289 81,463
Operating lease right-of-use assets 3,602 3,107
Intangible assets, net 500 507
Long-term prepaid expenses, net 177 165
Deferred income taxes 53,435 52,889
Other non-current assets 20,390 21,956
Total assets 373,867 379,316
Current liabilities    
Accounts payable 24,483 21,642
Other accounts payable 10,522 10,764
Accrued expenses (Note 7) 8,796 8,648
Accrued income taxes 52 56
Operating lease liabilities 1,693 1,393
Other current liabilities 2,241 3,765
Total current liabilities 47,787 46,268
Long-term borrowing 27,276 27,211
Accrued severance benefits, net 18,041 17,094
Non-current operating lease liabilities 1,881 1,823
Other non-current liabilities 9,681 10,123
Total liabilities 104,666 102,519
Stockholders' equity    
Common stock, $0.01 par value, 150,000,000 shares authorized, 57,571,469 shares issued and 36,675,789 outstanding at March 31, 2025 and 57,498,507 shares issued and 36,912,118 outstanding at December 31, 2024 575 574
Additional paid-in capital 280,452 279,423
Retained earnings 235,698 244,576
Treasury stock, 20,895,680 shares at March 31, 2025 and 20,586,389 shares at December 31, 2024, respectively (227,047) (225,883)
Accumulated other comprehensive loss (20,477) (21,893)
Total stockholders' equity 269,201 276,797
Total liabilities and stockholders' equity $ 373,867 $ 379,316