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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2023
STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE |
Summary of the components of and changes in accumulated other comprehensive income (loss), net of income taxes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | Foreign Currency Translation |  | ​ | Change in Fair Value of Cash Flow Hedges |  | ​ | Minimum Pension Benefit Retirement Liability |  | ​ | Total
Balance at December 31, 2020 | ​ | $ | 9,982 | ​ | $ | (2,139) | ​ | $ | (10,448) | ​ | $ | (2,605)
Other comprehensive income prior to reclassifications | ​ | ​ | (12,262) | ​ | ​ | 3,116 | ​ | ​ | 8,585 | ​ | ​ | (561)
Amounts reclassified from accumulated other comprehensive income | ​ | ​ | - | ​ | ​ | 1,130 | ​ | ​ | 820 | ​ | ​ | 1,950
Balance at December 31, 2021 | ​ | ​ | (2,280) | ​ | ​ | 2,107 | ​ | ​ | (1,043) | ​ | ​ | (1,216)
Other comprehensive income prior to reclassifications | ​ | ​ | (10,543) | ​ | ​ | 12,625 | ​ | ​ | 18,016 | ​ | ​ | 20,098
Amounts reclassified from accumulated other comprehensive income | ​ | ​ | - | ​ | ​ | (2,884) | ​ | ​ | 322 | ​ | ​ | (2,562)
Balance at December 31, 2022 | ​ | ​ | (12,823) | ​ | ​ | 11,848 | ​ | ​ | 17,295 | ​ | ​ | 16,320
Other comprehensive income prior to reclassifications | ​ | ​ | 2,027 | ​ | ​ | 4,502 | ​ | ​ | (5,455) | ​ | ​ | 1,074
Amounts reclassified from accumulated other comprehensive income | ​ | ​ | - | ​ | ​ | (10,876) | ​ | ​ | (404) | ​ | ​ | (11,280)
Balance at December 31, 2023 | ​ | $ | (10,796) | ​ | $ | 5,474 | ​ | $ | 11,436 | ​ | $ | 6,114
Schedule of amounts reclassified from accumulated other comprehensive income (loss) to the specific caption within the Consolidated Statements of Operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31, | ​ | To Caption on
​ |  | 2023 |  | 2022 |  | 2021 |  | Consolidated Statements of Operations
Change in fair value of cash flow hedges | ​ | $ | (10,876) | ​ | $ | (2,884) | ​ | $ | 1,130 | ​ | Interest expense
Minimum pension benefit retirement liability | ​ |  | (404) | ​ |  | 322 | ​ |  | 820 | ​ | Other income (expense), net
Total reclassifications | ​ | $ | (11,280) | ​ | $ | (2,562) | ​ | $ | 1,950 | ​ | ​
Reconciliation of weighted-average shares outstanding used in calculation of basic and diluted EPS | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Years Ended December 31,
​ |  |  | 2023 |  | 2022 |  | 2021
Income from continuing operations | ​ | ​ | $ | 130,749 | ​ | $ | 201,891 | ​ | $ | 134,707
Less: income from continuing operations attributable to noncontrolling interest | ​ | ​ |  | — | ​ |  | 16 | ​ |  | 44
Income from continuing operations attributable to Advanced Energy Industries, Inc. | ​ | ​ | $ | 130,749 | ​ | $ | 201,875 | ​ | $ | 134,663
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic weighted-average common shares outstanding | ​ | ​ |  | 37,480 | ​ |  | 37,463 | ​ |  | 38,143
Dilutive effect of stock awards | ​ | ​ |  | 270 | ​ |  | 258 | ​ |  | 212
Diluted weighted-average common shares outstanding | ​ | ​ |  | 37,750 | ​ |  | 37,721 | ​ |  | 38,355
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
EPS from continuing operations | ​ | ​ |  |  | ​ |  |  | ​ |  |
Basic EPS | ​ | ​ | $ | 3.49 | ​ | $ | 5.39 | ​ | $ | 3.53
Diluted EPS | ​ | ​ | $ | 3.46 | ​ | $ | 5.35 | ​ | $ | 3.51
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Anti-dilutive shares not included above | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock awards | ​ | ​ | ​ | 95 | ​ | ​ | 67 | ​ | ​ | 1
Warrants | ​ | ​ | ​ | 3,486 | ​ | ​ | — | ​ | ​ | —
Total anti-dilutive shares | ​ | ​ | ​ | 3,581 | ​ | ​ | 67 | ​ | ​ | 1
Schedule of repurchase of shares of common stock | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Years Ended December 31,
(in thousands, except per share amounts) |  |  | 2023 |  | 2022 |  | 2021
Amount paid or accrued to repurchase shares | ​ | ​ | $ | 40,132 | ​ | $ | 26,635 | ​ | $ | 78,125
Number of shares repurchased | ​ | ​ |  | 378 | ​ |  | 356 | ​ |  | 901
Average repurchase price per share | ​ | ​ | $ | 105.74 | ​ | $ | 74.90 | ​ | $ | 86.76

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