v3.26.1
LEASE ARRANGEMENTS
 12 Months Ended
Dec. 31, 2025
Presentation of leases for lessee [abstract]  
LEASE ARRANGEMENTS LEASE ARRANGEMENTS
a.Right-of-use assets
As of December 31,
20252024
Carrying amounts
Land and buildings$26,645 $35,171 
Others258 132 
$26,903 $35,303 
For the Year Ended December 31
202520242023
Additions to right-of-use assets$13,579 $27,150 $23,146 
Depreciation expenses of right-of-use assets
Land and buildings$13,335 $13,821 $12,639 
Others317 325 374 
$13,652 $14,146 $13,013 
b.Lease liabilities
As of December 31,
20252024
Lease liabilities$27,308 $36,412 
Current$10,025 $9,446 
Non-current17,283 26,966 
$27,308 $36,412 
Discount rates
1.20%-11.00%
1.20%-11.50%
c.Material lease-in activities and terms
The Company leased certain land, buildings and transportation equipment for the use of plants, offices and business operation with original lease terms of 1 to 9 years. The Company did not have bargain purchase options to acquire the buildings at the end of the lease terms. In addition, the Company was prohibited from subleasing or transferring all or any portion of the underlying assets without the lessor’s consent.
d.Other lease information
For the Year Ended December 31
202520242023
Expenses relating to short-term leases and low-value asset leases$4,511 $4,449 $2,800 
Total cash outflows for leases$(18,645)$(18,710)$(16,002)
The Company leased certain office equipment and other equipment which qualified as short-term leases and low-value asset leases. The Company had elected to apply the recognition exemption and thus, did not recognize right-of-use assets and lease liabilities for these leases.