XML 86 R70.htm IDEA: XBRL DOCUMENT v3.24.0.1
RESTRUCTURING COST (Schedule of Restructuring plan) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Balance sheet      
Other Provisions $ 0 $ 190  
Investment in building and infrastructures 0 4,571  
Investment in machinery [1] 0 7,799  
Total 0 12,560  
Restructuring expenses, net      
Employee's termination cost 0 975  
Restructuring income from lease modification 0 0  
Restructuring expenses from asset's impairment 0 0  
Other restructuring expenses 0 740  
Restructuring expense 0 1,715 $ 1,755
Cost of sales      
Acceleration of assets depreciation expenses 0 0  
Total 0 1,715  
Net cash used in operating activity for restructuring expenses 0 1,700  
Government incentives [Member]      
Balance sheet      
Investment in machinery $ 2,700 $ 1,500 $ 1,200
[1] In previous years, investment in machinery was offset by a grant of $2.7 million ($1.5 million in 2022 and $1.2 million in 2021) received from the State of Oklahoma as part of a larger incentive plan granted to TAT. As part of this plan TAT Limco will be entitled to several incentives including additional grants, tax exempt and incentives and support in employee's salaries over the next 10 years