v3.26.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 535,619 $ 321,864 $ 215,856
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 171,434 158,391 164,799
Stock-based compensation 26,391 15,760 12,141
Amortization of Series B, C and D related issuance costs, net 394 493 579
Deferred income taxes and reserve, net (14,687) 1,649 (13,165)
Loss (gain) on sale of property, plant and equipment 2,893 (596) (651)
Loss (gain) on sale of investments, remeasurement of investments held under fair value method (4,518) 18,136 4,990
Equity in net earnings of affiliated companies and partnerships, net of dividend received(*) (10,190) (8,213) 10,046
Changes in operating assets and liabilities, net of amounts acquired:      
Increase in short and long-term trade and unbilled receivables and contract assets, net and prepaid expenses (659,951) (473,926) (96,594)
Increase in inventories, net (357,926) (480,309) (351,594)
Increase in trade payables, other payables and accrued expenses 463,913 65,663 175,446
Severance, pension and termination indemnities, net (26,328) (40,159) (24,331)
Increase in contract liabilities 651,334 955,857 16,187
Net cash provided by operating activities 778,378 534,610 113,709
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property, plant and equipment and other assets, net of investment grants and evacuation grants (225,568) (215,051) (187,037)
Acquisitions of subsidiaries and business operations, net of cash assumed (Schedule A) 0 0 (10,380)
Investments in affiliated companies and other companies, net (2,288) (3,603) (5,416)
Deferred payment on acquisition 400 7,376 0
Proceeds from sale of property, plant and equipment 1,133 4,107 1,466
Proceeds from sale of investments 14,600 18,594 151
Proceeds from sale (investment in) of long-term deposits, net (31) (180) 83
Proceeds from (investment in) short-term deposits, net (178,962) 9,923 (9,467)
Net cash used in investing activities (390,716) (178,834) (210,600)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from issuance of shares and exercise of options 573,064 26 30
Issuance (repayment) of commercial paper, net (301,591) 36,380 313,620
Repayment of long-term loans (11,423) (11,320) (246,231)
Proceeds from long-term loans 0 0 20,000
Repayment of Series B, C and D Notes (67,496) (61,862) (62,434)
Dividends paid (111,693) (88,958) (89,248)
Change in short-term bank credit and loans, net (98,733) (162,120) 147,475
Net cash (used in) provided by financing activities (17,872) (287,854) 83,212
Net increase (decrease) in cash and cash equivalents 369,790 67,922 (13,679)
Cash and cash equivalents at the beginning of the year 265,351 197,429 211,108
Cash and cash equivalents at the end of the year 635,141 265,351 197,429
Supplemental Cash Flow Information [Abstract]      
Dividends received from affiliated companies and partnerships 19,053 10,963 22,321
Income taxes, net 58,503 34,890 30,708
Interest paid, net 37,485 76,332 66,766
Estimated net fair value of assets acquired and liabilities assumed at the date of acquisition was as follows:      
Working capital (deficit), net (excluding cash and cash equivalents)     246
Property, plant and equipment 0   19
Other long-term assets 0 0 77
Goodwill and other intangible assets 0   16,220
Long-term liabilities 0   (6,182)
Non controlling interests 0    
Purchase price 0 0 10,380
Deconsolidation, Gain (Loss) with Related Disclosures [Abstract]      
Working capital (deficit), net (excluding cash and cash equivalents) (194) (4,070) 0
Property, plant and equipment (151) (1,597) 0
Other long-term assets (55) (3,179) 0
Other long-term liabilities 0 83 0
Other comprehensive income 0 1,479 0
Gain from deconsolidation 0 (92) 0
Recognized Identifiable Net Assets (Liabilities) Deconsolidated, Less Noncontrolling Interest (400) (7,376) 0
Purchase of property and equipment with accounts payable 43,570 79,197 82,515
Purchase of non controlling interest $ 4,592 $ 0 $ 0