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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Operations      
Revenue, net $ 1,655,810 $ 1,845,422 $ 1,455,954
Cost of revenue 1,063,412 1,169,916 923,632
Gross profit 592,398 675,506 532,322
Operating expenses:      
Research and development 202,439 191,020 161,831
Selling, general, and administrative 221,034 218,463 191,998
Amortization of intangible assets 28,254 26,114 22,060
Restructuring, asset impairments, and other charges 26,977 6,814 4,752
Total operating expenses 478,704 442,411 380,641
Operating income 113,694 233,095 151,681
Interest income 27,092 4,147 454
Interest expense (16,566) (7,325) (3,576)
Other income (expense), net (1,759) 11,824 152
Income from continuing operations, before income tax 122,461 241,741 148,711
Income tax provision (benefit) (8,288) 39,850 14,004
Income from continuing operations 130,749 201,891 134,707
Income (loss) from discontinued operations, net of income tax (2,465) (2,215) 73
Net income 128,284 199,676 134,780
Income from continuing operations attributable to noncontrolling interest   16 44
Net income attributable to Advanced Energy Industries, Inc. $ 128,284 $ 199,660 $ 134,736
Basic weighted-average common shares outstanding (in shares) 37,480 37,463 38,143
Diluted weighted-average common shares outstanding (in shares) 37,750 37,721 38,355
Earnings per share:      
Continuing operations: Basic earnings per share (in dollars per share) $ 3.49 $ 5.39 $ 3.53
Continuing operations: Diluted earnings per share (in dollars per share) 3.46 5.35 3.51
Discontinued operations: Basic loss per share (in dollars per share) (0.07) (0.06)  
Discontinued operations: Diluted loss per share (in dollars per share) (0.07) (0.06)  
Net income:      
Basic earnings per share (in dollars per share) 3.42 5.33 3.53
Diluted earnings per share (in dollars per share) $ 3.40 $ 5.29 $ 3.51