v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 87,936 $ 103,756
Accounts receivable, net 23,788 26,022
Inventories, net 34,136 34,151
Other receivables 4,096 2,882
Prepaid expenses 4,346 5,062
Hedge collateral (Note 8) 4,540 1,200
Other current assets (Note 18) 5,631 3,782
Total current assets 164,473 176,855
Property, plant and equipment, net 92,243 100,204
Operating lease right-of-use assets 1,423 2,070
Intangible assets, net 395 454
Long-term prepaid expenses, net 498 584
Deferred income taxes 60,217 64,248
Other non-current assets 5,602 7,114
Total assets 324,851 351,529
Current liabilities    
Accounts payable 21,127 20,848
Other accounts payable 5,690 11,444
Accrued expenses (Note 7) 7,696 6,929
Accrued income taxes 38 81
Operating lease liabilities 1,144 1,427
Current portion of long-term borrowings (Note 11) 25,949 0
Other current liabilities 6,044 2,681
Total current liabilities 67,688 43,410
Long-term borrowings (Note 11) 15,566 44,599
Accrued severance benefits, net 11,908 11,502
Non-current operating lease liabilities 324 690
Other non-current liabilities 2,833 3,078
Total liabilities 98,319 103,279
Commitments and contingencies (Note 18)
Stockholders' equity    
Common stock, $0.01 par value, 150,000,000 shares authorized, 58,318,707 shares issued and 36,510,111 outstanding at June 30, 2026 and 58,027,696 shares issued and 36,219,100 outstanding at December 31, 2025 581 579
Additional paid-in capital 283,263 281,537
Retained earnings 205,390 214,852
Treasury stock, 21,808,596 shares at June 30, 2026 and 21,808,596 shares at December 31, 2025, respectively (229,910) (229,910)
Accumulated other comprehensive loss (32,792) (18,808)
Total stockholders' equity 226,532 248,250
Total liabilities and stockholders' equity $ 324,851 $ 351,529