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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s chief operating decision maker is the Chief Executive Officer (the “CEO”). The Company has one business activity, which entails the design, development, manufacture and sale of solutions for the solar PV industry. There are no segment managers who are held accountable for operations, operating results or plans for levels or components below the consolidated unit level. Accordingly, management has determined that the Company has a single operating and reportable segment. The primary measure of segment profit or loss is consolidated net income as presented below and is used by the CEO for the purpose of evaluating segment performance and allocation of budget to support business expansion, new product development and operational efficiencies.
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
(In thousands)
Net revenues$363,153 $303,458 $719,237 $566,797 
Less:
Other cost of revenues(1)
228,271 179,051 448,153 334,544 
Income-based government grants(61,040)(24,329)(114,671)(42,946)
Incremental cost for manufacturing in the United States(2)
19,528 5,950 35,301 10,832 
Stock-based compensation expense53,896 52,757 109,529 113,590 
Acquisition related amortization4,467 5,353 8,896 10,706 
Other restructuring and asset impairment charges(3)
3,243 1,171 5,896 3,078 
Other research and development(4)
24,940 28,661 53,467 58,322 
Other sales and marketing(5)
31,174 31,528 60,877 63,195 
Other general and administrative(6)
21,667 21,517 42,860 42,776 
Income (loss) from operations37,007 1,799 68,929 (27,300)
Total other income, net5,198 9,417 20,169 27,017 
Income (loss) from income taxes42,205 11,216 89,098 (283)
Income tax provision(5,153)(383)(22,316)(4,981)
Net Income (loss)$37,052 $10,833 $66,782 $(5,264)
(1)    Represents consolidated cost of revenue, excluding stock-based compensation, acquisition related amortization, income-based government grants and incremental costs for manufacturing in the United States.
(2)    Represents the incremental manufacturing cost incurred in the United States relative to manufacturing in India. This is calculated based on the difference in product cost for manufacturing the product in the United States as compared to India for the same or similar products. It also includes the portion of the income-based government grants earned that the Company remits to its contract manufacturers.
(3)    Represents consolidated restructuring and asset impairment charges, excluding stock-based compensation.
(4)    Represents consolidated research and development, excluding stock-based compensation.
(5)    Represents consolidated sales and marketing, excluding stock-based compensation and acquisition related amortization.
(6)    Represents consolidated general and administrative, excluding stock-based compensation.