v3.25.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 89,249 $ 52,873 $ 172,510
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 25,331 21,810 18,931
Loss on pension curtailment or settlement 0 0 156
Loss on modification of lease 0 230 0
Unrealized holding gain on investment (543) (8,002) (896)
Stock-based compensation 16,956 17,547 26,661
Gain from disposal of long-term investment (58) 0 0
Loss (gain) on disposal of property and equipment 7 (215) 7
Deferred income taxes (422) 428 (2,526)
Changes in operating assets and liabilities:      
Accounts receivable (39,043) 11,404 2,469
Inventories 4,870 72,127 (102,846)
Prepaid expenses and other current assets (1,842) (6,563) 3,648
Other assets (951) (7) (673)
Notes and accounts payable (37,813) 19,563 (44,745)
Refund liabilities 2,639 (3,142) 2,589
Accrued expenses and other current liabilities 12,798 (1,634) 676
Lease liabilities (638) 712 (301)
Income tax payable 5,563 (34,570) (2,087)
Other liabilities 992 6,522 10,319
Net cash provided by operating activities 77,095 149,083 83,892
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of long-term investments (4,173) 0 0
Proceeds from disposal of long-term investments 4,432 0 0
Purchase of property and equipment (44,351) (50,313) (32,942)
Proceeds from disposal of properties 3 1,228 0
Net cash used in investing activities (44,089) (49,085) (32,942)
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayments of bank loan 0 0 (40,000)
Proceeds from bank loan 0 0 40,000
Dividends paid (67,255) (16,690) (49,941)
Share repurchase 0 0 (133,155)
Net cash used in financing activities (67,255) (16,690) (183,096)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (34,249) 83,308 (132,146)
EFFECT OF EXCHANGE RATE CHANGES (408) (1,373) 3,678
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 368,990 287,055 415,523
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF YEAR 334,333 368,990 287,055
SUPPLEMENTAL INFORMATION      
Interest paid 0 0 71
Income taxes paid 10,111 36,316 33,985
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Unpaid purchase of property and equipment included in accounts payable and accrued liabilities 4,681 4,301 4,957
Dividend declared included in accrued expenses and accrued liabilities $ 50,665 $ 50,147 $ 101