XML 45 R67.htm IDEA: XBRL DOCUMENT
v2.4.1.9

DEBENTURES (Narrative) (Details) In Thousands, except Per Share data, unless otherwise specified | 12 Months Ended |  |  |  |  |  | 12 Months Ended |  | 12 Months Ended |  | 1 Months Ended | 12 Months Ended |  | 12 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2014 USD ($) | Dec. 31, 2013 USD ($) | Dec. 31, 2012 USD ($) | Dec. 31, 2014 ILS | Dec. 31, 2013 ILS | Dec. 31, 2014 Debentures [Member] USD ($) | Dec. 31, 2013 Debentures [Member] USD ($) | Feb. 15, 2015 Debentures [Member] Subsequent Event [Member] USD ($) | Dec. 31, 2014 2007 Debentures Series D [Member] USD ($) | Dec. 31, 2013 2007 Debentures Series D [Member] USD ($) | Dec. 31, 2014 Debentures Series F [Member] USD ($) | Dec. 31, 2012 Debentures Series F [Member] USD ($) | Dec. 31, 2013 Debentures Series F [Member] USD ($) | Feb. 15, 2015 Debentures Series F [Member] Subsequent Event [Member] USD ($) | Dec. 31, 2014 2010 Notes [Member] USD ($) | Dec. 31, 2013 2010 Notes [Member] USD ($) | Dec. 31, 2014 2014 Notes [Member] USD ($) item | Mar. 31, 2014 2014 Notes [Member] USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maturity date |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Jul. 01, 2015 |  |  |
Outstanding principal |  |  |  |  |  | $ 312,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = tsem_DebenturesMember | $ 345,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = tsem_DebenturesMember | $ 208,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_LongtermDebtTypeAxis = tsem_DebenturesMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember | $ 12,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandSevenNonconvertibleDebenturesSeriesDMember | $ 20,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandSevenNonconvertibleDebenturesSeriesDMember | $ 197,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  | $ 231,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember | $ 138,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember | $ 45,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenNotesMember | $ 94,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenNotesMember | $ 58,000 us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |
Principal amount |  |  |  |  |  |  |  |  | 27,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandSevenNonconvertibleDebenturesSeriesDMember |  |  |  |  |  | 94,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenNotesMember |  |  | 45,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember
Interest rate |  |  |  |  |  |  |  |  | 8.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandSevenNonconvertibleDebenturesSeriesDMember |  | 7.80%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  | 8.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenNotesMember |  | 8.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |
Number of installment payments |  |  |  |  |  |  |  |  | 6 tsem_DebtInstrumentPeriodicPaymentsNumber / us-gaap_DebtInstrumentAxis = tsem_TwoThousandSevenNonconvertibleDebenturesSeriesDMember |  | 2 tsem_DebtInstrumentPeriodicPaymentsNumber / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  |  |  |  |
Conversion ratio per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 10.07 us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember
Par value |  |  |  | 15 us-gaap_CommonStockParOrStatedValuePerShare | 15 us-gaap_CommonStockParOrStatedValuePerShare |  |  |  |  |  | $ 10 us-gaap_CommonStockParOrStatedValuePerShare / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  |  |  |  |
Percentage of share trading price |  |  |  |  |  |  |  |  |  |  | 20.00%tsem_ConvertibleDebtIssuedPercentageOfSharePrice / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  |  |  | 20.00%tsem_ConvertibleDebtIssuedPercentageOfSharePrice / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |
Beneficial conversion feature |  |  | 109,768 us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature |  |  |  |  |  |  |  |  | 110,000 us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  |  |  |
Unamortized discount |  |  |  |  |  |  |  |  |  |  |  | 110,000 us-gaap_DebtInstrumentUnamortizedDiscount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  |  |  |  |
Amount of debentures converted into shares |  |  |  |  |  |  |  |  |  |  | 34,000 us-gaap_DebtConversionOriginalDebtAmount1 / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  | 59,000 us-gaap_DebtConversionOriginalDebtAmount1 / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |
Amount of debt repaid |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 45,000 us-gaap_RepaymentsOfDebt / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenNotesMember |  |  |
Repurchase amount |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,000 us-gaap_DebtInstrumentRepurchasedFaceAmount / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember
Accretion and amortization |  |  |  |  |  |  |  |  |  |  | 16,000 us-gaap_AmortizationOfFinancingCosts / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember |  |  | 24,000 us-gaap_AmortizationOfFinancingCosts / us-gaap_DebtInstrumentAxis = tsem_TwoThousandTenConvertibleDebenturesSeriesFMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |
Financing expense | $ 9,817 tsem_NoncashCostsResultedFromExchangeAgreementEffectOnNotesAndNotesEarlyRedemption |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 9,800 tsem_NoncashCostsResultedFromExchangeAgreementEffectOnNotesAndNotesEarlyRedemption / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |
Number of trading days to be considered for calculating premium percentage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 tsem_DebtInstrumentNumberOfTradingDaysToBeConsideredForCalculatingPremiumPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |
Redemption premium (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.00%tsem_DebtInstrumentRedemptionPremiumPercentage / us-gaap_DebtInstrumentAxis = tsem_TwoThousandFourteenNotesMember |

X
- Definition Percentage of par value the convertible debt was issued. + References No definition available. + Details
Name: | tsem_ConvertibleDebtIssuedPercentageOfSharePrice
Namespace Prefix: | tsem_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the information pertaining to number of trading days to be consider for calculating premium percentage. + References No definition available. + Details
Name: | tsem_DebtInstrumentNumberOfTradingDaysToBeConsideredForCalculatingPremiumPercentage
Namespace Prefix: | tsem_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of installment payments agreed upon in order to repay outstanding debt. + References No definition available. + Details
Name: | tsem_DebtInstrumentPeriodicPaymentsNumber
Namespace Prefix: | tsem_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the premium percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References No definition available. + Details
Name: | tsem_DebtInstrumentRedemptionPremiumPercentage
Namespace Prefix: | tsem_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the amount of non-cash costs resulted from exchange agreement effect on notes and non-cash costs due to notes early redemption. + References No definition available. + Details
Name: | tsem_NoncashCostsResultedFromExchangeAgreementEffectOnNotesAndNotesEarlyRedemption
Namespace Prefix: | tsem_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 8 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 8 -Article 9 + Details
Name: | us-gaap_AmortizationOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_DebtConversionOriginalDebtAmount1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Beneficial Conversion Feature -URI http://asc.fasb.org/extlink&oid=6505963 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 + Details
Name: | us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The price per share of the conversion feature embedded in the debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6928298&loc=SL6031898-161870 + Details
Name: | us-gaap_DebtInstrumentConvertibleConversionPrice1
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRepurchasedFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. + References No definition available. + Details
Name: | us-gaap_RepaymentsOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration