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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Revenue $ 158,842 $ 158,947 $ 472,095 $ 525,960
Cost of revenues:        
Cost of revenues 95,702 104,917 283,333 324,726
Gross profit 63,140 54,030 188,762 201,234
Operating expenses:        
Research and development expenses 1,175 1,490 3,179 4,281
Selling and marketing expenses 2,671 4,076 10,935 13,724
General and administrative expenses 23,554 14,539 60,400 43,154
Business interruption insurance income (248) (17,761) (248) (20,743)
Operating income 35,988 51,686 114,496 160,818
Other income (expense):        
Interest income 519 626 1,590 1,469
Interest expense, net (22,230) (21,756) (59,872) (58,814)
Derivatives and foreign currency transaction gains (losses) (21) 1,047 (16,229) 2,111
Income attributable to sale of tax benefits 7,879 7,014 21,654 16,818
Other non-operating income (expense), net 44 961 (308) 1,343
Income from operations before income tax and equity in earnings (losses) of investees 22,179 39,578 61,331 123,745
Income tax provision (2,048) (15,361) (9,323) (45,275)
Equity in earnings (losses) of investees, net 649 (1,119) 1,796 (196)
Net income 20,780 23,098 53,804 78,274
Net income attributable to noncontrolling interest (5,878) (7,419) (10,617) (13,516)
Net income attributable to the Company's stockholders 14,902 15,679 43,187 64,758
Comprehensive income:        
Net income 20,780 23,098 53,804 78,274
Other comprehensive income (loss), net of related taxes:        
Change in foreign currency translation adjustments (632) 1,321 (2,042) 1,597
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment that qualifies as a cash flow hedge 983 947 3,504 (4,461)
Change in unrealized gains or losses in respect of a cross currency swap derivative instrument that qualifies as a cash flow hedge (2,694) (3,548) (5,294) (3,548)
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax of $0) 2 0 (9) 0
Other changes in comprehensive income 15 30 48 47
Comprehensive income 18,454 21,848 50,011 71,909
Comprehensive income attributable to noncontrolling interest (5,553) (7,751) (9,851) (14,000)
Comprehensive income attributable to the Company's stockholders $ 12,901 $ 14,097 $ 40,160 $ 57,909
Earnings per share attributable to the Company's stockholders:        
Basic: (in dollars per share) $ 0.27 $ 0.31 $ 0.77 $ 1.27
Diluted: (in dollars per share) $ 0.26 $ 0.31 $ 0.77 $ 1.26
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:        
Basic (in shares) 56,003 51,072 55,995 51,051
Diluted (in shares) 56,298 51,282 56,413 51,386
Electricity [Member]        
Revenues:        
Revenue $ 142,651 $ 123,660 $ 421,503 $ 395,201
Cost of revenues:        
Cost of revenues 81,549 76,670 245,136 219,988
Product [Member]        
Revenues:        
Revenue 10,527 29,625 26,580 120,737
Cost of revenues:        
Cost of revenues 9,182 24,037 23,180 95,724
Energy Storage and Management Services [Member]        
Revenues:        
Revenue 5,664 5,662 24,012 10,022
Cost of revenues:        
Cost of revenues $ 4,971 $ 4,210 $ 15,017 $ 9,014