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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 94,304 $ 57,564
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 164,905 147,458
Accretion of asset retirement obligation 4,644 3,920
Stock-based compensation 11,235 8,629
Income attributable to sale of tax benefits, net of interest expense (23,896) (16,679)
Equity in losses (earnings) of investees (1,862) 1,574
Mark-to-market of derivative instruments 284 2,677
Disposal of property, plant and equipment 35 (84)
Write-off of Energy Storage project assets and unsuccessful exploration activities 2,318 2,781
Loss on severance pay fund asset 525 951
Loss from prepayment of a long-term loan 0 1,102
Deferred income tax provision (26,426) 2,269
Liability for unrecognized tax benefits 79 842
Other 0 575
Changes in operating assets and liabilities, net of businesses acquired:    
Receivables (48,805) 3,617
Costs and estimated earnings in excess of billings on uncompleted contracts (9,361) (7,662)
Inventories (22,012) (1,360)
Prepaid expenses and other (11,702) (2,399)
Change in operating lease right of use asset 2,874 2,119
Deposits and other (8,028) 1,362
Accounts payable and accrued expenses 32,774 (1,089)
Billings in excess of costs and estimated earnings on uncompleted contracts 1,834 4,786
Liabilities for severance pay (1,742) (2,093)
Change in operating lease liabilities (2,497) (2,072)
Other long-term liabilities 10,776 (2,541)
Net cash provided by operating activities 170,256 206,247
Cash flows from investing activities:    
Purchase of marketable securities 0 (19,192)
Maturities of marketable securities 0 32,645
Sale of marketable securities 0 29,355
Capital expenditures (448,791) (408,378)
Investment in unconsolidated companies (9,600) (4,509)
Decrease (increase) in severance pay fund asset, net of payments made to retired employees 225 502
Net cash used in investing activities (458,166) (369,577)
Cash flows from financing activities:    
Proceeds from long-term loans, net of transaction costs 99,850 75,000
Proceeds from exercise of options by employees 27 42
Proceeds from issuance of convertible notes, net of transaction costs 0 419,698
Purchase of capped call instruments 0 (24,538)
Purchase of treasury stock 0 (17,964)
Prepayments of a long-term loan 0 (219,126)
Proceeds from revolving credit lines with banks 35,000 0
Cash received from noncontrolling interest 7,341 5,443
Repayments of long-term debt (175,860) (135,656)
Proceeds from issuance of common stock, net of related costs 341,671 0
Cash paid to noncontrolling interest (34,523) (5,942)
Payments under finance lease obligations (1,590) (2,347)
Deferred debt issuance costs (3,159) (833)
Cash dividends paid (21,189) (20,177)
Net cash provided by financing activities 247,568 73,600
Effect of exchange rate changes (67) (679)
Net change in cash and cash equivalents and restricted cash and cash equivalents (40,409) (90,409)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 226,676 343,444
Cash and cash equivalents and restricted cash and cash equivalents at end of period 186,267 253,035
Supplemental non-cash investing and financing activities:    
Change in accounts payable related to purchases of property, plant and equipment 27,581 13,972
Right of use assets obtained in exchange for new lease liabilities $ 5,319 $ 5,249