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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, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
REVENUES $ 357,191 $ 426,168 $ 712,802 $ 847,300
COST OF REVENUES 270,674 313,728 530,568 630,229
GROSS PROFIT 86,517 112,440 182,234 217,071
OPERATING COSTS AND EXPENSES:        
Research and development 19,452 20,481 38,783 40,799
Marketing, general and administrative 17,387 21,285 36,016 42,538
Restructuring gain from sale of machinery and equipment, net (1,952) 0 (50,282) 0
Restructuring expense 1,101 0 17,776 0
TOTAL OPERATING COSTS AND EXPENSES 35,988 41,766 42,293 83,337
OPERATING PROFIT 50,529 70,674 139,941 133,734
FINANCING AND OTHER INCOME (EXPENSE), NET 3,924 (8,162) 10,921 (10,295)
PROFIT BEFORE INCOME TAX 54,453 62,512 150,862 123,439
INCOME TAX EXPENSE, NET (5,747) (4,339) (20,788) (9,492)
NET PROFIT 48,706 58,173 130,074 113,947
Net loss (income) attributable to non-controlling interest 2,484 (96) (7,482) (1,837)
NET PROFIT ATTRIBUTABLE TO THE COMPANY $ 51,190 $ 58,077 $ 122,592 $ 112,110
BASIC EARNINGS PER SHARE        
Earnings per share $ 0.46 $ 0.53 $ 1.11 $ 1.03
Weighted average number of shares 110,088 109,138 110,025 109,037
DILUTED EARNINGS PER ORDINARY SHARE:        
Earnings per share $ 0.46 $ 0.53 $ 1.1 $ 1.01
Net profit used for diluted earnings per share $ 51,190 $ 58,077 $ 122,592 $ 112,110
Weighted average number of ordinary shares outstanding used for diluted earnings per share 111,234 110,561 111,153 110,561