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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
REVENUES $ 345,059 $ 305,003 $ 675,139 $ 583,046
COST OF REVENUES 253,998 232,275 499,310 448,971
GROSS PROFIT 91,061 72,728 175,829 134,075
OPERATING COSTS AND EXPENSES:        
Research and development 16,432 16,030 32,200 31,267
Marketing, general and administrative 17,238 16,520 33,475 32,443
Nishiwaki Fab restructuring and impairment cost (income), net (627)
TOTAL OPERATING COSTS AND EXPENSES 33,670 32,550 65,675 63,083
OPERATING PROFIT 57,391 40,178 110,154 70,992
INTEREST EXPENSE, NET (2,070) (2,997) (4,281) (6,355)
OTHER FINANCING EXPENSE, NET (1,053) (7,528) (3,071) (11,497)
GAIN FROM ACQUISITION, NET 10,158 51,298
OTHER INCOME, NET 142 4,362 653 4,362
PROFIT BEFORE INCOME TAX 54,410 44,173 103,455 108,800
INCOME TAX EXPENSE (2,683) (3,826) (4,682) (3,905)
NET PROFIT 51,727 40,347 98,773 104,895
Net income attributable to non controlling interest (1,710) (1,861) (3,247) (465)
NET PROFIT ATTRIBUTABLE TO THE COMPANY $ 50,017 $ 38,486 $ 95,526 $ 104,430
BASIC EARNINGS PER ORDINARY SHARE:        
Earnings per share $ 0.52 $ 0.45 $ 1.00 $ 1.22
Weighted average number of ordinary shares outstanding 96,365 86,300 95,139 85,410
DILUTED EARNINGS PER ORDINARY SHARE:        
Earnings per share $ 0.49 $ 0.40 $ 0.95 $ 1.09
Net profit used for diluted earnings per share $ 52,217 $ 40,556 $ 99,883 $ 108,556
Weighted average number of ordinary shares outstanding used for diluted earnings per share 105,648 100,163 105,288 99,546