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SEGMENT INFORMATION
 9 Months Ended
Sep. 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
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands)
Net revenues$410,427 $380,873 $1,129,664 $947,670 
Less:
Other cost of revenues(1)
250,964 233,006 699,117 567,550 
Income-based government grants(67,627)(46,552)(182,298)(89,498)
Incremental cost for manufacturing in the United States(2)
25,151 11,396 60,452 22,228 
Stock-based compensation expense51,469 45,940 160,998 159,530 
Acquisition related amortization4,487 5,006 13,383 15,712 
Other restructuring and asset impairment charges(3)
1,287 677 7,183 3,755 
Other research and development(4)
26,778 28,053 80,245 86,375 
Other sales and marketing(5)
31,044 32,332 91,921 95,527 
Other general and administrative(6)
20,715 21,227 63,575 64,003 
Income from operations66,159 49,788 135,088 22,488 
Total other income, net10,860 955 31,029 27,972 
Income from income taxes77,019 50,743 166,117 50,460 
Income tax provision(10,381)(4,981)(32,697)(9,962)
Net Income $66,638 $45,762 $133,420 $40,498 
(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.