XML 79 R62.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 7 - Segment Reporting - Segment Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total adjusted EBITDA $ 637,859 $ 825,367 $ 861,425
Interest expense (97,627) (54,826) (32,953)
Depreciation and amortization (166,602) (156,141) (92,041)
Non-cash write-down and other adjustments [1] 5,953 2,091 3,070
Non-cash share-based compensation expense [2] (35,492) (29,481) (23,954)
Loss on extinguishment of debt [3] 0 (3,743) (831)
Transaction costs and credit facility fees [4] (4,054) (5,026) (22,357)
Business optimization and other charges [5] (10,551) (4,371) (33)
Provision for legal, regulatory, and clean energy product charges (6) [6] (38,490) (65,265) 0
Other (696) (139) (800)
Income before provision for income taxes 290,300 508,466 691,526
Assets 5,093,312 5,169,462 4,877,780
Depreciation and Amortization 166,602 156,141 92,041
Capital expenditures 129,060 86,188 109,992
Domestic [Member]      
Total adjusted EBITDA 523,337 716,302 795,417
Assets 3,770,883 4,032,086 3,742,101
Depreciation and Amortization 129,648 123,768 66,675
Capital expenditures 103,036 69,680 100,672
International [Member]      
Total adjusted EBITDA 114,522 109,065 66,008
Assets 1,322,429 1,137,376 1,135,679
Depreciation and Amortization 36,954 32,373 25,366
Capital expenditures $ 26,024 $ 16,508 $ 9,320
[1] Includes gains/losses on disposals of assets and sales of certain investments, unrealized mark-to-market adjustments on commodity contracts, certain foreign currency related adjustments, and certain purchase accounting and contingent consideration adjustments.
[2] Represents share-based compensation expense to account for stock options, restricted stock and other stock awards over their respective vesting periods.
[3] Represents the non-cash write-off of original issue discount and deferred financing costs due primarily to a voluntary prepayment of debt.
[4] Represents severance and other restructuring charges related to the consolidation of certain operating facilities and organizational functions.
[5] Represents severance and other restructuring charges related to the consolidation of certain operating facilities and organizational functions.
[6] Represents the following significant and unusual charges not indicative of our ongoing operations: • a provision for judgments and legal expenses related to certain patent and securities lawsuits - $28,340 in 2023. • a provision for a matter with the CPSC concerning the imposition of civil fines for allegedly failing to timely submit a report under the CPSA in relation to certain portable generators that were subject to a voluntary recall previously announced on July 29, 2021 - $5,800 in 2023; $10,000 in 2022. • a bad debt provision and additional customer support costs for a clean energy product customer that filed for bankruptcy in 2022 – $4,350 additional customer support costs in 2023; $17,926 bad debt provision 2022. • a warranty provision to address certain clean energy product warranty-related matters - $37,338 in 2022.