2023 Q3 Form 10-Q Financial Statement
#000180136823000029 Filed on August 04, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q4 |
---|---|---|---|
Revenue | $52.52M | $64.02M | $93.25M |
YoY Change | -57.8% | -55.4% | -5.92% |
Cost Of Revenue | $22.20M | $22.70M | $24.54M |
YoY Change | -0.97% | 2.75% | 32.95% |
Gross Profit | $30.30M | $41.30M | $68.71M |
YoY Change | -70.3% | -66.0% | -14.81% |
Gross Profit Margin | 57.7% | 64.51% | 73.69% |
Selling, General & Admin | $19.56M | $18.87M | $19.32M |
YoY Change | 11.12% | 3.53% | 21.64% |
% of Gross Profit | 64.56% | 45.68% | 28.11% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $16.75M | $12.20M | $5.593M |
YoY Change | 699.19% | 125.69% | 21.19% |
% of Gross Profit | 55.28% | 29.55% | 8.14% |
Operating Expenses | $19.56M | $18.87M | $30.72M |
YoY Change | 11.12% | 3.53% | 32.26% |
Operating Profit | -$17.54M | $483.0K | $37.99M |
YoY Change | -122.15% | -99.5% | -33.85% |
Interest Expense | -$1.400M | -$1.400M | -$1.331M |
YoY Change | 14.38% | 5.58% | -46.48% |
% of Operating Profit | -289.86% | -3.5% | |
Other Income/Expense, Net | $14.46M | $13.82M | $10.95M |
YoY Change | 134.37% | 524.82% | 11076.53% |
Pretax Income | -$4.476M | $12.91M | $47.09M |
YoY Change | -105.32% | -86.64% | -13.9% |
Income Tax | -$200.0K | $5.517M | -$19.92M |
% Of Pretax Income | 42.73% | -42.3% | |
Net Earnings | -$4.276M | $7.395M | $67.01M |
YoY Change | -106.77% | -89.91% | 36.78% |
Net Earnings / Revenue | -8.14% | 11.55% | 71.86% |
Basic Earnings Per Share | -$0.02 | $0.04 | |
Diluted Earnings Per Share | -$0.02 | $0.04 | $0.35 |
COMMON SHARES | |||
Basic Shares Outstanding | 177.6M shares | 177.6M shares | 177.5M shares |
Diluted Shares Outstanding | 177.2M shares | 177.9M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.085B | $1.128B | $1.182B |
YoY Change | -14.21% | -10.76% | 0.26% |
Cash & Equivalents | $547.7M | $927.2M | $136.6M |
Short-Term Investments | $537.0M | $200.8M | $1.046B |
Other Short-Term Assets | $9.200M | $12.80M | $18.87M |
YoY Change | -16.39% | 133.32% | 141.67% |
Inventory | $77.18M | $67.78M | $57.55M |
Prepaid Expenses | |||
Receivables | $13.18M | $11.11M | $32.86M |
Other Receivables | $4.100M | $4.100M | $2.201M |
Total Short-Term Assets | $1.188B | $1.224B | $1.294B |
YoY Change | -12.42% | -9.27% | 1.33% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.098B | $1.045B | $935.7M |
YoY Change | 32.25% | 39.34% | 53.25% |
Goodwill | |||
YoY Change | |||
Intangibles | $9.179M | $89.00K | |
YoY Change | |||
Long-Term Investments | $0.00 | ||
YoY Change | |||
Other Assets | $4.070M | $3.186M | $2.472M |
YoY Change | 73.34% | 26.48% | 10.01% |
Total Long-Term Assets | $1.134B | $1.066B | $944.0M |
YoY Change | 36.22% | 41.63% | 54.03% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.188B | $1.224B | $1.294B |
Total Long-Term Assets | $1.134B | $1.066B | $944.0M |
Total Assets | $2.322B | $2.289B | $2.238B |
YoY Change | 6.08% | 8.96% | 18.42% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $92.10M | $71.70M | $72.27M |
YoY Change | 31.12% | 15.46% | 102.23% |
Accrued Expenses | $700.0K | $300.0K | $56.94M |
YoY Change | 15849.3% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.400M | $2.500M | $0.00 |
YoY Change | |||
Total Short-Term Liabilities | $97.01M | $75.77M | $97.48M |
YoY Change | 29.79% | 14.55% | 63.72% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $681.1M | $680.2M | $678.4M |
YoY Change | 0.52% | 0.52% | 0.52% |
Other Long-Term Liabilities | $3.578M | $3.921M | $5.000M |
YoY Change | -37.13% | -37.91% | -35.49% |
Total Long-Term Liabilities | $849.1M | $848.7M | $827.7M |
YoY Change | -2.63% | -1.81% | 0.76% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $97.01M | $75.77M | $97.48M |
Total Long-Term Liabilities | $849.1M | $848.7M | $827.7M |
Total Liabilities | $946.1M | $924.5M | $925.2M |
YoY Change | -0.07% | -0.64% | 5.02% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $402.0M | $406.3M | $361.4M |
YoY Change | 36.54% | 75.69% | 399.09% |
Common Stock | $17.00K | $17.00K | $18.00K |
YoY Change | -5.56% | -5.56% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.376B | $1.365B | $1.313B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.322B | $2.289B | $2.238B |
YoY Change | 6.08% | 8.96% | 18.42% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.276M | $7.395M | $67.01M |
YoY Change | -106.77% | -89.91% | 36.78% |
Depreciation, Depletion And Amortization | $16.75M | $12.20M | $5.593M |
YoY Change | 699.19% | 125.69% | 21.19% |
Cash From Operating Activities | $11.00M | $10.00M | $29.10M |
YoY Change | -88.37% | -89.89% | -7.66% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $58.70M | $55.70M | $112.3M |
YoY Change | -163.98% | -182.33% | -399.77% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$331.6M | $321.7M | -$203.0M |
YoY Change | 42.12% | -153.69% | -11587.32% |
Cash From Investing Activities | -$390.3M | $265.9M | -$315.2M |
YoY Change | 20.06% | -139.87% | 783.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.000M | -800.0K | -4.756M |
YoY Change | 53.61% | -8.36% | 35.85% |
NET CHANGE | |||
Cash From Operating Activities | 11.00M | 10.00M | 29.10M |
Cash From Investing Activities | -390.3M | 265.9M | -315.2M |
Cash From Financing Activities | -1.000M | -800.0K | -4.756M |
Net Change In Cash | -380.3M | 275.1M | -290.9M |
YoY Change | 64.51% | -148.36% | 3689.31% |
FREE CASH FLOW | |||
Cash From Operating Activities | $11.00M | $10.00M | $29.10M |
Capital Expenditures | $58.70M | $55.70M | $112.3M |
Free Cash Flow | -$47.70M | -$45.70M | -$83.17M |
YoY Change | -125.6% | -127.44% | -220.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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CY2023Q2 | us-gaap |
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Finance Lease Liability Current Statement Of Financial Position Extensible List
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CY2023Q2 | us-gaap |
Finance Lease Liability Current Statement Of Financial Position Extensible List
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CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-416000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1170737000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1312634000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
13942000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
6132000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
44842000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-355000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1364931000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17897000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
14296000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-416000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1170737000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
44842000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
20325000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10667000 | usd | |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
454000 | usd | |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
837000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
13933000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1008000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-103000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-258000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12743000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17213000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1766000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2274000 | usd | |
mp |
Contract With Customer Liability Related Parties Revenue Recognized For Debt Principal Reduction
ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction
|
0 | usd | |
mp |
Contract With Customer Liability Related Parties Revenue Recognized For Debt Principal Reduction
ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction
|
13566000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-13356000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-42106000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-21750000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-18261000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
11406000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3552000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
1926000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
4271000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1412000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1437000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
252000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5476000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-21163000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-3463000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-292000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-675000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
65459000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
219862000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
130236000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
122584000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
320884000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
599195000 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
447327000 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
731907000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
0 | usd | |
mp |
Proceeds From Government Reimbursements For Property Plant And Equipment
ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment
|
0 | usd | |
mp |
Proceeds From Government Reimbursements For Property Plant And Equipment
ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment
|
5130000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
728114000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-716649000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
6132000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
14296000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-7599000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-18784000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
785974000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-515571000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
143509000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1181157000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
929483000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
665586000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
927245000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
664457000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1888000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
600000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
350000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
529000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of the unaudited Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities at the date of the unaudited Condensed Consolidated Financial Statements, and (iii) the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates. | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Financial instruments that potentially subject the Company to credit risk consist principally of cash, cash equivalents and short-term investments, and trade accounts receivable. The Company believes that its credit risk is limited because the Company’s current contracts are with companies that have a reliable payment history. The Company does not believe that it is exposed to any significant risks related to its cash accounts, money market funds, or short-term investments.<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of June 30, 2023, Shenghe was the Company’s principal customer and accounted for more than 90% of product sales. Rare earth concentrate is not quoted on any major commodities market or exchange and demand for rare earth concentrate is currently constrained to a relatively limited number of refiners, a significant majority of which are based in China. Uncertainty exists as to the market price of rare earth oxide (“REO”), as evidenced by the volatility experienced in 2022 and continued into 2023 due to concerns over the global economic conditions and actual or perceived concerns over increases in the supply of rare earth products. Furthermore, while revenue is generated in the United States, Shenghe conducts its primary operations in China and may transport and sell products in the Chinese market. <span id="ic6ff9ae4fd4e4e829f9027f4bd6d5134_5757"></span>Therefore, the Company’s revenue is affected by Shenghe’s ultimate realized prices in China, including the impact of changes in the exchange rate between the Chinese Yuan and the U.S. dollar. In addition, there is an ongoing economic conflict between China and the United States that has previously resulted in tariffs and trade barriers that may negatively affect the Company’s business and results of operations. See </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#id78dc91b6397465ab0789776cdb636f7_76" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 14, “Related-Party Transactions,”</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for additional information.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The impact of the COVID-19 pandemic and its effects continue to evolve. Since the onset of the pandemic, the Company has experienced, at times, significant shipping delays due to congestion and slowdowns at U.S. and international ports caused by shortages in vessels, containers, and truckers, also disrupting the global supply chain. Despite these factors, the Company has not experienced a reduction in production or sales due to the COVID-19 pandemic. However, the COVID-19 pandemic has contributed to certain cost and schedule pressures for capital projects and may impact reliability of transportation, particularly as the Company expects a significant increase in inbound logistics of raw materials to be consumed in Stage II operations.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company continues to monitor the global situation, including the impacts of new and potential future variants of COVID-19, or other factors that may affect international shipping, logistics, and supply chain, or involve responses to government actions such as strikes or other disruptions. It is impossible to predict the effect and ultimate impact of the COVID-19 pandemic on the Company’s business, results of operations, production and sales volumes, or growth projects.</span></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Certain amounts in prior periods have been reclassified to conform to the current year presentation. | ||
CY2023Q2 | mp |
Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
|
927245000 | usd |
CY2023Q2 | mp |
Cash Equivalents Accumulated Gross Unrealized Gains Before Tax
CashEquivalentsAccumulatedGrossUnrealizedGainsBeforeTax
|
0 | usd |
CY2023Q2 | mp |
Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
927245000 | usd |
CY2022Q4 | mp |
Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
|
136628000 | usd |
CY2022Q4 | mp |
Cash Equivalents Accumulated Gross Unrealized Gains Before Tax
CashEquivalentsAccumulatedGrossUnrealizedGainsBeforeTax
|
1000 | usd |
CY2022Q4 | mp |
Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
|
2000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
136627000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
201048000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
33000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
253000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
200828000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
1045464000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
362000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
108000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
1045718000 | usd |
CY2023Q2 | mp |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
1128293000 | usd |
CY2023Q2 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
33000 | usd |
CY2023Q2 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
253000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
1128073000 | usd |
CY2022Q4 | mp |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
1182092000 | usd |
CY2022Q4 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
363000 | usd |
CY2022Q4 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
110000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
1182345000 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
500000 | usd | |
us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
100000 | usd | |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2023Q2 | us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
13800000 | usd |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
27100000 | usd | |
CY2022Q2 | us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
1700000 | usd |
us-gaap |
Interest Income Debt Securities Available For Sale Operating
InterestIncomeDebtSecuritiesAvailableForSaleOperating
|
1700000 | usd | |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
178001000 | usd |
CY2023Q2 | mp |
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Two Years
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwoYears
|
22827000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
|
200828000 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
33729000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
28590000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
31683000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
27212000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2371000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1752000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
67783000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
57554000 | usd |
CY2023Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
7410000 | usd |
CY2022Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
5744000 | usd |
CY2023Q2 | mp |
Total Current And Non Current Inventories
TotalCurrentAndNonCurrentInventories
|
75193000 | usd |
CY2022Q4 | mp |
Total Current And Non Current Inventories
TotalCurrentAndNonCurrentInventories
|
63298000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1124063000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
994478000 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
79224000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
58735000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1044839000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
935743000 | usd |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
128600000 | usd | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
154400000 | usd | |
us-gaap |
Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
|
219900000 | usd | |
CY2020Q4 | mp |
Technology Investment Agreement Stage Ii Optimization Contribution
TechnologyInvestmentAgreementStageIIOptimizationContribution
|
9600000 | usd |
mp |
Proceeds From Technology Investment Agreement Stage Ii Optimization Contribution
ProceedsFromTechnologyInvestmentAgreementStageIIOptimizationContribution
|
0 | usd | |
mp |
Proceeds From Technology Investment Agreement Stage Ii Optimization Contribution
ProceedsFromTechnologyInvestmentAgreementStageIIOptimizationContribution
|
5100000 | usd | |
CY2023Q2 | mp |
Technology Investment Agreement Stage Ii Optimization Contribution
TechnologyInvestmentAgreementStageIIOptimizationContribution
|
100000 | usd |
CY2022Q1 | mp |
Hree Production Project Agreement Stage Ii Optimization Contribution
HREEProductionProjectAgreementStageIIOptimizationContribution
|
35000000 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
9189000 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
2257000 | usd |
us-gaap |
Depreciation
Depreciation
|
14434000 | usd | |
us-gaap |
Depreciation
Depreciation
|
4358000 | usd | |
CY2023Q2 | us-gaap |
Depletion
Depletion
|
2963000 | usd |
CY2022Q2 | us-gaap |
Depletion
Depletion
|
3075000 | usd |
us-gaap |
Depletion
Depletion
|
5763000 | usd | |
us-gaap |
Depletion
Depletion
|
6144000 | usd | |
CY2023Q2 | mp |
Demolition Costs
DemolitionCosts
|
2200000 | usd |
mp |
Demolition Costs
DemolitionCosts
|
4700000 | usd | |
CY2023Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2022Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1304000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
137000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1337000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
17000 | usd |
CY2023Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9790000 | usd |
CY2022Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
11556000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
680210000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
678444000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7300000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
10300000 | usd |
CY2023Q2 | us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
2900000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P91M | |
CY2023Q2 | mp |
Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
|
1 | renewaloption |
CY2023Q2 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
mp |
Annual Base Rent
AnnualBaseRent
|
1200000 | usd | |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
154000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
94000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1284000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
186000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1370000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
12000 | usd |
CY2023Q2 | mp |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
4066000 | usd |
CY2023Q2 | mp |
Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
|
48000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
9515000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
494000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2156000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
51000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7359000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
443000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
10133000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
99000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
309000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
84000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
7050000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
15000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7359000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
99000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
472000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
451000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
173000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
354000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
270000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
242000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
443000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
596000 | usd |
CY2022Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
200000 | usd |
CY2022Q4 | mp |
Asset Retirement Obligations Estimated Undiscounted Cash Flows To Satisfy Obligation
AssetRetirementObligationsEstimatedUndiscountedCashFlowsToSatisfyObligation
|
50400000 | usd |
mp |
Accrual For Environmental Loss Contingencies Remediation Term
AccrualForEnvironmentalLossContingenciesRemediationTerm
|
P25Y | ||
CY2023Q2 | us-gaap |
Accrual For Environmental Loss Contingencies Discount Rate
AccrualForEnvironmentalLossContingenciesDiscountRate
|
0.0293 | |
CY2022Q4 | us-gaap |
Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
|
27200000 | usd |
CY2022Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
500000 | usd |
CY2022Q4 | mp |
Asset Retirement Obligation Closure And Reclamation Obligations Financial Assurances
AssetRetirementObligationClosureAndReclamationObligationsFinancialAssurances
|
43500000 | usd |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.427 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.230 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.242 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | ||
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5730000 | usd |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7440000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12743000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17213000 | usd | |
CY2023Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
454000 | usd |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
278000 | usd |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176984917 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176527570 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176933605 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176442043 | shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
15584409 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
15584409 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
177859118 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193414563 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193528819 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193452921 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7395000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176984917 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176527570 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176933605 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176442043 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | ||
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7395000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
44842000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
CY2023Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
CY2022Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
993000 | usd |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
2025000 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
1981000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
7395000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
74262000 | usd |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
46867000 | usd | |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
160801000 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
177859118 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193414563 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193528819 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193452921 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.230 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.242 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
1045000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1040000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
23101000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
16621000 | usd | |
us-gaap |
Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
|
-1600000 | usd | |
us-gaap |
Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
|
31839000 | usd | |
mp |
Notes Reduction Due To Revenue Recognized In Exchange
NotesReductionDueToRevenueRecognizedInExchange
|
0 | usd | |
mp |
Notes Reduction Due To Revenue Recognized In Exchange
NotesReductionDueToRevenueRecognizedInExchange
|
13566000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
7304000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
168000 | usd | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |