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FINANCIAL STATEMENT SCHEDULE I (STATEMENT OF CASH FLOWS) (Details) - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
OPERATING ACTIVITIES |  |  |
Net cash provided by (used in) operating activities | $ (435,423) | $ 1,616,042 | $ 2,462,652
FINANCING ACTIVITIES |  |  |
Proceeds from bank borrowings |  | 140,000 | 178,752
Repayment of bank borrowings |  | (140,000) | (178,752)
Proceeds from options exercised | 57 | 4 | 995
Payments for repurchase of common shares | (5,003) | (485,931) | (124,929)
Net cash provided by (used in) financing activities | (47,356) | (795,398) | 1,472,091
Net increase (decrease) in cash, cash equivalents and restricted cash | (2,009,607) | (472,395) | 2,796,385
Cash, cash equivalents and restricted cash at the beginning of the year | 3,047,956 | 3,520,351 | 723,966
Cash, cash equivalents and restricted cash at the end of the year | 1,038,349 | 3,047,956 | 3,520,351
Parent Company |  |  |
OPERATING ACTIVITIES |  |  |
Net cash provided by (used in) operating activities | 85,681 | 702,391 | 124,048
FINANCING ACTIVITIES |  |  |
Proceeds from bank borrowings |  | 140,000 |
Repayment of bank borrowings |  | (140,000) |
Proceeds from options exercised | 57 | 4 | 995
Payments for repurchase of common shares | (5,003) | (485,931) | (124,929)
Net cash provided by (used in) financing activities | (4,946) | (485,927) | (123,934)
Net increase (decrease) in cash, cash equivalents and restricted cash | 80,735 | 216,464 | 114
Cash, cash equivalents and restricted cash at the beginning of the year | 218,841 | 2,377 | 2,263
Cash, cash equivalents and restricted cash at the end of the year | $ 299,576 | $ 218,841 | $ 2,377

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