2024 Q3 Form 10-Q Financial Statement

#000162828024035397 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $211.8M $213.0M
YoY Change 1.79% 9.33%
Cost Of Revenue $152.9M $151.6M
YoY Change 3.29% 4.32%
Gross Profit $58.86M $61.39M
YoY Change -1.9% 24.04%
Gross Profit Margin 27.79% 28.82%
Selling, General & Admin $27.22M $22.19M
YoY Change 45.36% -4.27%
% of Gross Profit 46.25% 36.15%
Research & Development $1.816M $1.730M
YoY Change 30.46% -16.95%
% of Gross Profit 3.09% 2.82%
Depreciation & Amortization $66.66M $63.80M
YoY Change 15.96% 17.59%
% of Gross Profit 113.25% 103.93%
Operating Expenses $29.04M $23.92M
YoY Change 44.33% -5.32%
Operating Profit $35.68M $35.13M
YoY Change -5.04% 45.01%
Interest Expense -$30.73M -$31.44M
YoY Change -222.64% 51.73%
% of Operating Profit -86.12% -89.52%
Other Income/Expense, Net $22.00K $74.00K
YoY Change -79.63% -99.51%
Pretax Income $24.73M $19.56M
YoY Change -16.45% 5.37%
Income Tax -$1.193M -$3.178M
% Of Pretax Income -4.82% -16.25%
Net Earnings $22.08M $22.24M
YoY Change -37.71% -8.05%
Net Earnings / Revenue 10.43% 10.44%
Basic Earnings Per Share $0.37 $0.37
Diluted Earnings Per Share $0.36 $0.37
COMMON SHARES
Basic Shares Outstanding 60.45M shares 60.42M
Diluted Shares Outstanding 60.77M shares 60.76M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.13M $66.26M
YoY Change 12.87% -75.91%
Cash & Equivalents $88.13M $66.26M
Short-Term Investments
Other Short-Term Assets $170.3M $184.5M
YoY Change 3.66% 10.04%
Inventory $47.41M $44.65M
Prepaid Expenses
Receivables $153.1M $147.3M
Other Receivables $47.27M $44.57M
Total Short-Term Assets $537.5M $517.0M
YoY Change 4.23% -24.63%
LONG-TERM ASSETS
Property, Plant & Equipment $4.206B $4.158B
YoY Change 12.09% 16.19%
Goodwill $151.3M $151.1M
YoY Change 67.66% 67.01%
Intangibles $309.9M $316.5M
YoY Change -1.22% -1.35%
Long-Term Investments $126.8M $129.7M
YoY Change -1.13% 2.54%
Other Assets $258.6M $234.9M
YoY Change 22.83% 12.69%
Total Long-Term Assets $5.053B $4.990B
YoY Change 12.41% 15.38%
TOTAL ASSETS
Total Short-Term Assets $537.5M $517.0M
Total Long-Term Assets $5.053B $4.990B
Total Assets $5.590B $5.507B
YoY Change 11.57% 9.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $217.9M $183.4M
YoY Change -4.21% 4.96%
Accrued Expenses $4.178M $4.041M
YoY Change 29.39% 49.5%
Deferred Revenue $10.01M $16.28M
YoY Change -5.78% -12.73%
Short-Term Debt $99.98M $99.97M
YoY Change 185.64%
Long-Term Debt Due $230.2M $223.4M
YoY Change 37.56% 30.14%
Total Short-Term Liabilities $566.3M $530.7M
YoY Change 4.87% 38.5%
LONG-TERM LIABILITIES
Long-Term Debt $1.844B $1.806B
YoY Change 19.14% 12.83%
Other Long-Term Liabilities $42.84M $33.86M
YoY Change 27.05% -93.67%
Total Long-Term Liabilities $42.84M $33.86M
YoY Change 27.05% -98.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $566.3M $530.7M
Total Long-Term Liabilities $42.84M $33.86M
Total Liabilities $3.066B $3.000B
YoY Change 18.09% 8.83%
SHAREHOLDERS EQUITY
Retained Earnings $781.0M $766.1M
YoY Change 12.95% 15.53%
Common Stock $1.630B $1.625B
YoY Change 1.23% 0.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.389B $2.371B
YoY Change
Total Liabilities & Shareholders Equity $5.590B $5.507B
YoY Change 11.57% 9.9%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $22.08M $22.24M
YoY Change -37.71% -8.05%
Depreciation, Depletion And Amortization $66.66M $63.80M
YoY Change 15.96% 17.59%
Cash From Operating Activities $106.4M $30.69M
YoY Change 167.66% -58.55%
INVESTING ACTIVITIES
Capital Expenditures $109.7M $146.8M
YoY Change -39.74% -8.13%
Acquisitions
YoY Change
Other Investing Activities -$10.44M -$289.0K
YoY Change 810.73% -92.64%
Cash From Investing Activities -$120.2M -$147.1M
YoY Change -34.42% -10.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 26.84M -18.75M
YoY Change -140.96% -49.72%
NET CHANGE
Cash From Operating Activities 106.4M 30.69M
Cash From Investing Activities -120.2M -147.1M
Cash From Financing Activities 26.84M -18.75M
Net Change In Cash 13.08M -135.2M
YoY Change -106.26% 6.44%
FREE CASH FLOW
Cash From Operating Activities $106.4M $30.69M
Capital Expenditures $109.7M $146.8M
Free Cash Flow -$3.320M -$116.1M
YoY Change -97.67% 35.39%

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CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2024Q2 us-gaap Profit Loss
ProfitLoss
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1722000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
320000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3485000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4752000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
24191000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q2 us-gaap Profit Loss
ProfitLoss
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CY2023Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
393000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
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CY2023Q2 ora Other Comprehensive Income Loss Unrealized Gains Losses In Derivative Instruments Of Unconsolidated Investments
OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
1404000 usd
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OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
939000 usd
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OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
390000 usd
CY2024Q2 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2023Q2 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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OtherComprehensiveIncomeLossOtherChangesNetOfTax
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OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2024Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
22952000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
55161000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1620000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
569000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2921000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4611000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21332000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28230000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60408000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
50550000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
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0.37
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
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EarningsPerShareDiluted
0.37
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EarningsPerShareDiluted
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58494000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58901000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2990000 usd
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CY2023Q1 ora Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reimbursement
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297121000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2360000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2023Q1 us-gaap Dividends Common Stock
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CY2023Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
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CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023Q1 ora Other Comprehensive Income Loss Unrealized Gains Losses In Derivative Instruments Of Unconsolidated Investments
OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
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CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2023Q1 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2337029000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4311000 usd
CY2023Q2 ora Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reimbursement
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44542000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
135000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2023Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
24236000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
393000 usd
CY2023Q2 ora Other Comprehensive Income Loss Unrealized Gains Losses In Derivative Instruments Of Unconsolidated Investments
OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
1404000 usd
CY2023Q2 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4769000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2024Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2587000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2024Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
40511000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2024Q1 ora Other Comprehensive Income Loss Unrealized Gains Losses In Derivative Instruments Of Unconsolidated Investments
OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
510000 usd
CY2024Q1 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2476519000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2476519000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5077000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
94000 usd
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
90000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
7344000 usd
CY2024Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
24020000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2024Q2 ora Other Comprehensive Income Loss Unrealized Gains Losses In Derivative Instruments Of Unconsolidated Investments
OtherComprehensiveIncomeLossUnrealizedGainsLossesInDerivativeInstrumentsOfUnconsolidatedInvestments
429000 usd
CY2024Q2 ora Other Comprehensive Income Loss Other Changes Net Of Tax
OtherComprehensiveIncomeLossOtherChangesNetOfTax
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
ProfitLoss
64315000 usd
us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
126152000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
107417000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3895000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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ora Income Attributable To Sale Of Equity Interests Net Of Interest Expense
IncomeAttributableToSaleOfEquityInterestsNetOfInterestExpense
16519000 usd
ora Income Attributable To Sale Of Equity Interests Net Of Interest Expense
IncomeAttributableToSaleOfEquityInterestsNetOfInterestExpense
16432000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2061000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2267000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
1379000 usd
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
957000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
43000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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ora Loss On Foreign Currency Exchange Rates
LossOnForeignCurrencyExchangeRates
963000 usd
ora Loss On Foreign Currency Exchange Rates
LossOnForeignCurrencyExchangeRates
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us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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ora Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
1153000 usd
ora Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
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us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
29603000 usd
ora Increase Decrease In Contract With Customer Current Assets
IncreaseDecreaseInContractWithCustomerCurrentAssets
11352000 usd
ora Increase Decrease In Contract With Customer Current Assets
IncreaseDecreaseInContractWithCustomerCurrentAssets
5381000 usd
ora Increase Decrease In Contract With Customer Noncurrent Assets
IncreaseDecreaseInContractWithCustomerNoncurrentAssets
5370000 usd
ora Increase Decrease In Contract With Customer Noncurrent Assets
IncreaseDecreaseInContractWithCustomerNoncurrentAssets
0 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
15068000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14004000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4271000 usd
ora Operating Lease Right Of Use Asset Operating Cash Flow Effect
OperatingLeaseRightOfUseAssetOperatingCashFlowEffect
1912000 usd
ora Operating Lease Right Of Use Asset Operating Cash Flow Effect
OperatingLeaseRightOfUseAssetOperatingCashFlowEffect
1440000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
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us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
5156000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
25020000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
9866000 usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
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us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
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ora Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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ora Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
11154000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
145904000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
130505000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
250225000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1225000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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ora Increase Decrease In Severance Pay Fund Asset Net
IncreaseDecreaseInSeverancePayFundAssetNet
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ora Increase Decrease In Severance Pay Fund Asset Net
IncreaseDecreaseInSeverancePayFundAssetNet
128000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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ora Proceeds From Issuance Of Longterm Loans Net
ProceedsFromIssuanceOfLongtermLoansNet
392791000 usd
ora Proceeds From Issuance Of Longterm Loans Net
ProceedsFromIssuanceOfLongtermLoansNet
99850000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
149000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
12251000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
687000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
955000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2112000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14587000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13961000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
255193000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
313087000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-163000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
56000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
168706000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
287770000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
226676000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
163742000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
395382000 usd
ora Increase Decrease In Accounts Payable Related To Purchases Of Property Plant And Equipment
IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment
-22265000 usd
ora Increase Decrease In Accounts Payable Related To Purchases Of Property Plant And Equipment
IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment
-15253000 usd
ora Rightofuse Asset Obtained In Exchange For Lease Liability
RightofuseAssetObtainedInExchangeForLeaseLiability
3548000 usd
ora Rightofuse Asset Obtained In Exchange For Lease Liability
RightofuseAssetObtainedInExchangeForLeaseLiability
3196000 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1000000.0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1000000.0 usd
CY2024Q2 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
1400000 usd
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
1400000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66262000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
195808000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
97480000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
91962000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
163742000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
287770000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;margin-top:3pt;padding-left:13.5pt;text-indent:-11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of credit risk</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash investments and accounts receivable.</span></div><div style="margin-bottom:3pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cash investments:</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company places its cash investments with high credit quality financial institutions located in the United States (“U.S.”) and in foreign countries. At June 30, 2024 and December 31, 2023, the Company had deposits totaling $20.3 million and $43.2 million, respectively, in ten U.S. financial institutions that were federally insured up to $250,000 per account. At June 30, 2024 and December 31, 2023, the Company’s deposits in foreign countries amounted to approximately $55.6 million and $57.5 million, respectively.</span></div><div style="margin-bottom:3pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Account receivables:</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:13.5pt"><span id="icf03af20e36d43098d147fd75390a59a_55458"></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At June 30, 2024 and December 31, 2023, accounts receivable related to operations in foreign countries amounted to approximately $99.8 million, and $152.2 million, respectively. At June 30, 2024 and December 31, 2023, accounts receivable from the Company’s primary customers, which each accounted for revenues in excess of 10% of total consolidated revenues for the related period, amounted to approximately 57% and 57% of the Company’s trade receivables, respectively. The aggregate amount of notes receivable exceeding 10% of total receivables as of June 30, 2024 and December 31, 2023 is $100.3 million, and $161.0 million, respectively. </span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company's revenues from its primary customers as a percentage of total revenues are as follows:</span></div><div style="margin-bottom:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.363%"><tr><td style="width:1.0%"></td><td style="width:49.732%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.002%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.851%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.549%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.551%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="9" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended June 30,</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="9" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Six Months Ended June 30,</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Southern California Public Power Authority (“SCPPA”)</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.7 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.0 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.3 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.8 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sierra Pacific Power Company and Nevada Power Company</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Kenya Power and Lighting Co. Ltd. ("KPLC")</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.1 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.7 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:6pt;text-align:justify;text-indent:14.17pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company has historically been able to collect on substantially all of its receivable balances. As of June 30, 2024, the amount overdue from KPLC in Kenya was $36.9 million of which $16.4 million was paid in July and August 2024. The Company believes it will be able to collect all past due amounts from KPLC. This belief is supported by the fact that in addition to KPLC's obligations under its power purchase agreement, the Company holds a support letter from the Government of Kenya that covers certain cases of KPLC non-payment (such as non-payments that are caused by government actions and/or political events).</span></div>In Honduras, as of June 30, 2024, the total amount overdue from Empresa Nacional de Energía Eléctrica ("ENEE") was $19.9 million of which $0.4 million was paid in July 2024. In addition, due to the financial situation in Honduras, the Company may experience further delays in collection. The Company believes it will be able to collect all past due amounts from ENEE.
CY2024Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
20300000 usd
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
43200000 usd
CY2023Q4 ora Number Of Financial Institutions Cash Investment
NumberOfFinancialInstitutionsCashInvestment
10 financialinstitution
CY2024Q2 ora Number Of Financial Institutions Cash Investment
NumberOfFinancialInstitutionsCashInvestment
10 financialinstitution
CY2024Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
55600000 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
57500000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
29719000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18367000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
16277000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
18669000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
5400000 usd
CY2024Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
129420000 usd
CY2023Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
125140000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
276521000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
262761000 usd
CY2024Q2 ora Income Related To Transferable Production Tax Credits
IncomeRelatedToTransferableProductionTaxCredits
3600000 usd
ora Income Related To Transferable Production Tax Credits
IncomeRelatedToTransferableProductionTaxCredits
8000000.0 usd
CY2023Q2 ora Income Related To Transferable Production Tax Credits
IncomeRelatedToTransferableProductionTaxCredits
2700000 usd
ora Income Related To Transferable Production Tax Credits
IncomeRelatedToTransferableProductionTaxCredits
4500000 usd
CY2024Q2 ora Income Related To Transferable Investment Tax Credits
IncomeRelatedToTransferableInvestmentTaxCredits
6200000 usd
ora Income Related To Transferable Investment Tax Credits
IncomeRelatedToTransferableInvestmentTaxCredits
17700000 usd
CY2023Q2 ora Income Related To Transferable Investment Tax Credits
IncomeRelatedToTransferableInvestmentTaxCredits
9000000.0 usd
ora Income Related To Transferable Investment Tax Credits
IncomeRelatedToTransferableInvestmentTaxCredits
10600000 usd
CY2024Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
23279000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
20588000 usd
CY2024Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
21368000 usd
CY2023Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
24449000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
44647000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
45037000 usd
CY2024Q2 ora Finance Liability Fair Value Disclosure
FinanceLiabilityFairValueDisclosure
224800000 usd
CY2024Q2 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
19900000 usd
CY2023Q4 ora Finance Liability Fair Value Disclosure
FinanceLiabilityFairValueDisclosure
207200000 usd
CY2023Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
20900000 usd
CY2024Q2 ora Interest Expense Sale Of Tax Benefits
InterestExpenseSaleOfTaxBenefits
4343000 usd
CY2023Q2 ora Interest Expense Sale Of Tax Benefits
InterestExpenseSaleOfTaxBenefits
3610000 usd
ora Interest Expense Sale Of Tax Benefits
InterestExpenseSaleOfTaxBenefits
9239000 usd
ora Interest Expense Sale Of Tax Benefits
InterestExpenseSaleOfTaxBenefits
6951000 usd
CY2024Q2 us-gaap Interest Expense Other
InterestExpenseOther
33621000 usd
CY2023Q2 us-gaap Interest Expense Other
InterestExpenseOther
25162000 usd
us-gaap Interest Expense Other
InterestExpenseOther
62745000 usd
us-gaap Interest Expense Other
InterestExpenseOther
49781000 usd
CY2024Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
4248000 usd
CY2023Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
4378000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
7300000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
8708000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
33716000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
24393000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
64684000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
48024000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60451000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60245000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60419000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58494000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
304000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
389000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
236000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
407000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60755000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60634000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60655000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58901000 shares
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
181400 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28700 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
71700 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24900 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2024Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
212963000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
35127000 usd
CY2024Q2 us-gaap Assets
Assets
5506802000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
194796000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
24224000 usd
CY2023Q2 us-gaap Assets
Assets
5010644000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
437129000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
87710000 usd
CY2024Q2 us-gaap Assets
Assets
5506802000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
380028000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
77390000 usd
CY2023Q2 us-gaap Assets
Assets
5010644000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
212963000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
194796000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
437129000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
380028000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
212963000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
194796000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
437129000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
380028000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
35127000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
24224000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
87710000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
77390000 usd
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2604000 usd
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
4942000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
4443000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
6793000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
33716000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
24393000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
64684000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
48024000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-332000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1272000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1914000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3209000 usd
CY2024Q2 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
15798000 usd
CY2023Q2 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
14979000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
33274000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
27545000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
74000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
79000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
100000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
139000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19555000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18559000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
58929000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60634000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.163
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.213
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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