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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net income $ 69,170 $ 50,842 $ 230,648
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisitions      
Depreciation 121,520 120,637 122,048
Amortization of intangible assets 22,227 16,499 15,282
Amortization of debt-issuance costs 301 302 1,117
Share-based compensation expense 25,745 22,767 30,911
Deferred income taxes (7,477) (1,001) (13,349)
Investment (gain) loss (25,870) 267 (19,398)
Gain on sale of subsidiary (13,730) 0 0
Impairment of long-lived assets 5,816 0 0
Gain on disposal of fixed assets 572 (7,641) (2,045)
Interest income from derivative financial instruments (20,034) (10,409) (4,304)
Other 796 (2,341) (2,409)
Changes in operating assets:      
Change in accounts receivable 22,687 47,276 (2,611)
Change in inventory 9,095 (87,497) (28,947)
Change in other operating assets 12,357 3,478 (17,971)
Changes in operating liabilities:      
Change in accounts payable 13,786 (23,436) (2,165)
Change in accrued liabilities (13,670) (3,144) (17,749)
Change in income tax (refundable) payable (7,478) 12,408 (9,307)
Change in unrealized tax benefit liability (1,422) (15,312) 2,942
Change in other operating liabilities 1,122 (4,260) (1,779)
Net cash and cash equivalents from operating activities 215,513 119,435 280,914
Cash flows from investing activities      
Acquisitions, net of cash received (5,310) (56,661) (3)
Purchases of property, plant and equipment (78,362) (73,024) (150,769)
Proceeds from sale of property, plant and equipment 6,991 816 2,769
Proceeds from short-term investments 7,629 16,360 6,157
Purchases of short-term investments (9,720) (14,026) (9,323)
Purchases of equity securities (49,303) 0 (17,901)
Proceeds from sale of subsidiary 15,958 0 0
Receipt of government grants 585 8,659 471
Receipt of insurance recovery 0 4,725 1,413
Proceeds from disposal of wafer fabrication facility 0 0 6,292
Net amounts (paid) received for hedge termination (4,000) 0 374
Other (646) (4,889) 2,198
Net cash and cash equivalents from investing activities (116,178) (118,040) (158,322)
Cash flows from financing activities      
Advances on lines of credit and short-term debt 59,073 90,766 29,036
Repayments of lines of credit and short-term debt (61,922) (98,354) (24,509)
Proceeds from long-term debt 11,746 6,439 25,204
Repayments of long-term debt (7,729) (6,458) (154,019)
Debt issuance costs 0 (188) (948)
Repayment of and proceeds from finance lease obligation (85) (64) (115)
Taxes paid related to net share settlement (4,339) (9,561) (15,637)
Net changes in noncontrolling interests (18,104) (2,079) (3,647)
Repurchases of common stock (33,814) 0 0
Other 363 155 (88)
Net cash and cash equivalents from financing activities (54,811) (19,344) (144,723)
Effect of exchange rate changes on cash and cash equivalents 13,098 14,190 (485)
Change in cash and cash equivalents, including restricted cash 57,622 (3,759) (22,616)
Cash and cash equivalents, beginning of period, including restricted cash 314,724 318,483 341,099
Cash and cash equivalents, end of period, including restricted cash 372,346 314,724 318,483
Supplemental Cash Flow Information      
Interest paid during the period 1,683 2,035 4,607
Taxes paid during the period 24,157 21,534 97,668
Non-cash investing and financing activities:      
Accounts payable balance related to the purchase of property, plant and equipment 15,841 13,065 14,602
Dividend payable balance to noncontrolling interests $ 0 $ 0 $ 100