Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2025

Short-Term Borrowings

Schedule of short-term borrowing


		December 31,			December 31,
		2024			2025

		(in thousands)
Unsecured borrowings		$	—		140
Secured borrowings		$	503,700		568,200
Unused credit lines		$	258,917		258,623
Interest rate			0.3%~0.35	%	0.3%~2.22	%

Schedule of reconciliation of lease liabilities to cash flows arising from financing activities


		Unsecured			Secured
		borrowings			borrowings

		(in thousands)
January 1, 2024		$	—		453,000
Change from financing activities:
Proceeds from borrowings			—		1,780,300
Repayments of borrowings			—		(1,729,600)
Total changes from financing activities			—		50,700
December 31, 2024			—		503,700
Change from financing activities:
Acquisitions through business combinations			325		—
Proceeds from borrowings			946		2,200,560
Repayments of borrowings			(1,125)		(2,136,060)
Effect of exchange rate changes			(6)		—
Total changes from financing activities			140		64,500
December 31, 2025		$	140		568,200