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10-Q Filing

ORMAT TECHNOLOGIES, INC. CIK: 1296445 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001437749-15-009277
Period End Date 20150331
Filing Date 20150507
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance ora-20150331.xml
Filing Contents
Balance Sheet 116 line items
Line Item Tag Value Unit Period
Property, plant and equipment, net (related to VIEs) PropertyPlantAndEquipmentNet $1.44B USD Point-in-time
Property, plant and equipment, net (related to VIEs) PropertyPlantAndEquipmentNet $1.54B USD Point-in-time
Construction-in-process (related to VIEs) ConstructionInProgressGross $230.04M USD Point-in-time
Construction-in-process (related to VIEs) ConstructionInProgressGross $296.72M USD Point-in-time
Senior unsecured bonds % DebtInstrumentInterestRateStatedPercentage 0.07 pure Point-in-time
Senior unsecured bonds % DebtInstrumentInterestRateStatedPercentage 0.07 pure Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $70.72M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $40.23M USD Point-in-time
Senior unsecured bonds unamortized premium DebtInstrumentUnamortizedPremium $744.00K USD Point-in-time
Senior unsecured bonds unamortized premium DebtInstrumentUnamortizedPremium $744.00K USD Point-in-time
Restricted cash and cash equivalents (all related to VIEs) RestrictedCashAndInvestmentsCurrent $93.25M USD Point-in-time
Restricted cash and cash equivalents (all related to VIEs) RestrictedCashAndInvestmentsCurrent $115.53M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Trade AccountsReceivableNetCurrent $48.61M USD Point-in-time
Trade AccountsReceivableNetCurrent $56.30M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 45.54M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 48.83M shares Point-in-time
Related entity DueFromRelatedPartiesCurrent $451.00K USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 3.00M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 45.50M shares Point-in-time
Other OtherReceivablesNetCurrent $10.14M USD Point-in-time
Other OtherReceivablesNetCurrent $9.73M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 45.54M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 48.83M shares Point-in-time
Due from Parent DueFromOfficersOrStockholdersCurrent $1.34M USD Point-in-time
Inventories InventoryNet $17.29M USD Point-in-time
Inventories InventoryNet $16.93M USD Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $7.43M USD Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear $27.79M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $251.00K USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $496.00K USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $34.88M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $29.57M USD Point-in-time
Total current assets AssetsCurrent $307.06M USD Point-in-time
Total current assets AssetsCurrent $273.87M USD Point-in-time
Deposits and other DepositsAndOtherAssetsNoncurrent $17.96M USD Point-in-time
Deposits and other DepositsAndOtherAssetsNoncurrent $20.04M USD Point-in-time
Deferred charges DeferredCosts $37.57M USD Point-in-time
Deferred charges DeferredCosts $37.30M USD Point-in-time
Property, plant and equipment, net ($1,421,996 and $1,339,342 related to VIEs, respectively) PropertyPlantAndEquipmentNet $1.44B USD Point-in-time
Property, plant and equipment, net ($1,421,996 and $1,339,342 related to VIEs, respectively) PropertyPlantAndEquipmentNet $1.54B USD Point-in-time
Construction-in-process ($82,045 and $162,006 related to VIEs, respectively) ConstructionInProgressGross $230.04M USD Point-in-time
Construction-in-process ($82,045 and $162,006 related to VIEs, respectively) ConstructionInProgressGross $296.72M USD Point-in-time
Deferred financing and lease costs, net DeferredFinancingAndLeaseCosts $27.06M USD Point-in-time
Deferred financing and lease costs, net DeferredFinancingAndLeaseCosts $27.37M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $27.85M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $28.66M USD Point-in-time
Total assets Assets $2.13B USD Point-in-time
Total assets Assets $2.18B USD Point-in-time
Total assets Assets $2.12B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $83.68M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $88.28M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $974.00K USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $975.00K USD Point-in-time
Short term revolving credit lines with banks (full recourse) LinesOfCreditCurrent $30.60M USD Point-in-time
Short term revolving credit lines with banks (full recourse) LinesOfCreditCurrent $20.30M USD Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts BillingsInExcessOfCostCurrent $24.72M USD Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts BillingsInExcessOfCostCurrent $57.86M USD Point-in-time
Senior secured notes SeniorNotesCurrent $34.37M USD Point-in-time
Senior secured notes SeniorNotesCurrent $36.54M USD Point-in-time
Other loans OtherLoansPayableCurrent $18.00M USD Point-in-time
Other loans OtherLoansPayableCurrent $18.00M USD Point-in-time
Full recourse CurrentPortionOfLongTermDebtWithFullRecourse $19.12M USD Point-in-time
Full recourse CurrentPortionOfLongTermDebtWithFullRecourse $17.20M USD Point-in-time
Total current liabilities LiabilitiesCurrent $244.85M USD Point-in-time
Total current liabilities LiabilitiesCurrent $205.75M USD Point-in-time
Senior secured notes SeniorLongTermNotes $360.37M USD Point-in-time
Senior secured notes SeniorLongTermNotes $355.78M USD Point-in-time
Other loans OtherLoansPayableLongTerm $260.12M USD Point-in-time
Other loans OtherLoansPayableLongTerm $264.62M USD Point-in-time
Senior unsecured bonds (plus unamortized premium based upon 7% of $744) UnsecuredLongTermDebt $250.29M USD Point-in-time
Senior unsecured bonds (plus unamortized premium based upon 7% of $744) UnsecuredLongTermDebt $250.21M USD Point-in-time
Other loans OtherLongTermDebtNoncurrent $32.68M USD Point-in-time
Other loans OtherLongTermDebtNoncurrent $34.35M USD Point-in-time
Unconsolidated investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $7.51M USD Point-in-time
Unconsolidated investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $-3.62M USD Point-in-time
Unconsolidated investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $-7.69M USD Point-in-time
Liability associated with sale of tax benefits LiabilityAssociatedWithSaleOfTaxBenefits $33.69M USD Point-in-time
Liability associated with sale of tax benefits LiabilityAssociatedWithSaleOfTaxBenefits $39.02M USD Point-in-time
Deferred lease income DeferredRevenueNoncurrent $60.56M USD Point-in-time
Deferred lease income DeferredRevenueNoncurrent $59.81M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $66.22M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $70.25M USD Point-in-time
Liability for unrecognized tax benefits LiabilityForUncertainTaxPositionsNoncurrent $7.19M USD Point-in-time
Liability for unrecognized tax benefits LiabilityForUncertainTaxPositionsNoncurrent $7.51M USD Point-in-time
Liabilities for severance pay RestructuringReserveNoncurrent $20.40M USD Point-in-time
Liabilities for severance pay RestructuringReserveNoncurrent $18.50M USD Point-in-time
Asset retirement obligation AssetRetirementObligationsNoncurrent $19.14M USD Point-in-time
Asset retirement obligation AssetRetirementObligationsNoncurrent $19.51M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $3.87M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $2.96M USD Point-in-time
Total liabilities Liabilities $1.36B USD Point-in-time
Total liabilities Liabilities $1.33B USD Point-in-time
Commitments and contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 48,828,331 and 45,537,162 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively CommonStockValue $46.00K USD Point-in-time
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 48,828,331 and 45,537,162 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively CommonStockValue $49.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $742.01M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $771.59M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $41.54M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $47.67M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.67M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.97M USD Point-in-time
StockholdersEquity StockholdersEquity $807.34M USD Point-in-time
StockholdersEquity StockholdersEquity $774.92M USD Point-in-time
Noncontrolling interest MinorityInterest $11.82M USD Point-in-time
Noncontrolling interest MinorityInterest $11.83M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.17M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $786.75M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $765.69M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $745.11M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.18B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.12B USD Point-in-time
Income Statement 65 line items
Line Item Tag Value Unit Period
Electricity ElectricUtilityRevenue $94.82M USD 1 Quarter
Electricity ElectricUtilityRevenue $89.95M USD 1 Quarter
Product SalesRevenueGoodsNet $47.62M USD 1 Quarter
Product SalesRevenueGoodsNet $30.28M USD 1 Quarter
Total revenues SalesRevenueNet $120.23M USD 1 Quarter
Total revenues SalesRevenueNet $142.44M USD 1 Quarter
Electricity CostOfGoodsSoldElectric $57.03M USD 1 Quarter
Electricity CostOfGoodsSoldElectric $55.58M USD 1 Quarter
Product CostOfGoodsSold $31.94M USD 1 Quarter
Product CostOfGoodsSold $20.62M USD 1 Quarter
Total cost of revenues CostOfGoodsAndServicesSold $88.98M USD 1 Quarter
Total cost of revenues CostOfGoodsAndServicesSold $76.21M USD 1 Quarter
Gross margin GrossProfit $53.46M USD 1 Quarter
Gross margin GrossProfit $44.02M USD 1 Quarter
Research and development expenses ResearchAndDevelopmentExpense $363.00K USD 1 Quarter
Research and development expenses ResearchAndDevelopmentExpense $-87.00K USD 1 Quarter
Selling and marketing expenses SellingAndMarketingExpense $3.43M USD 1 Quarter
Selling and marketing expenses SellingAndMarketingExpense $3.38M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $10.20M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $7.60M USD 1 Quarter
Write-off of unsuccessful exploration activities ExplorationAbandonmentAndImpairmentExpense $174.00K USD 1 Quarter
Operating income OperatingIncomeLoss $29.85M USD 1 Quarter
Operating income OperatingIncomeLoss $42.57M USD 1 Quarter
Interest income InvestmentIncomeInterest $111.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $9.00K USD 1 Quarter
Interest expense, net InterestExpense $17.83M USD 1 Quarter
Interest expense, net InterestExpense $20.52M USD 1 Quarter
Foreign currency translation and transaction losses ForeignCurrencyTransactionGainLossBeforeTax $-638.00K USD 1 Quarter
Foreign currency translation and transaction losses ForeignCurrencyTransactionGainLossBeforeTax $-1.37M USD 1 Quarter
Income attributable to sale of tax benefits EquityMethodInvestmentRealizedGainLossOnDisposal $5.55M USD 1 Quarter
Income attributable to sale of tax benefits EquityMethodInvestmentRealizedGainLossOnDisposal $6.72M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $283.00K USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $63.00K USD 1 Quarter
Income before income taxes and equity in losses of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $28.31M USD 1 Quarter
Income before income taxes and equity in losses of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $16.50M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $5.46M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $6.32M USD 1 Quarter
Equity in losses of investees, net IncomeLossFromEquityMethodInvestments $-197.00K USD 1 Quarter
Equity in losses of investees, net IncomeLossFromEquityMethodInvestments $-775.00K USD 1 Quarter
Net income ProfitLoss $10.27M USD 1 Quarter
Net income ProfitLoss $21.79M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $237.00K USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $235.00K USD 1 Quarter
Net income attributable to the Company's stockholders NetIncomeLoss $10.03M USD 1 Quarter
Net income attributable to the Company's stockholders NetIncomeLoss $21.55M USD 1 Quarter
Net income (in Dollars per share) EarningsPerShareBasic $21.79K USD 1 Quarter
Net income (in Dollars per share) EarningsPerShareBasic $10.27K USD 1 Quarter
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-3.30M USD 1 Quarter
Loss in respect of derivative instruments designated for cash flow hedge OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $23.00K USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $36.00K USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $30.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $21.75M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $6.96M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $235.00K USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $237.00K USD 1 Quarter
Comprehensive income attributable to the Company's stockholders ComprehensiveIncomeNetOfTax $6.73M USD 1 Quarter
Comprehensive income attributable to the Company's stockholders ComprehensiveIncomeNetOfTax $21.52M USD 1 Quarter
Net income (in Dollars per share) EarningsPerShareBasicAndDiluted $0.21 USD 1 Quarter
Net income (in Dollars per share) EarningsPerShareBasicAndDiluted $0.47 USD 1 Quarter
Basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 45.48M shares 1 Quarter
Basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 47.24M shares 1 Quarter
Diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 48.08M shares 1 Quarter
Diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.66M shares 1 Quarter
Dividend per share declared (in Dollars per share) CommonStockDividendsPerShareDeclared $0.06 USD 1 Quarter
Dividend per share declared (in Dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $10.27M USD 1 Quarter
Net income ProfitLoss $21.79M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $23.42M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $25.64M USD 1 Quarter
Amortization of premium from senior unsecured bonds AmortizationOfDebtDiscountPremium $-77.00K USD 1 Quarter
Amortization of premium from senior unsecured bonds AmortizationOfDebtDiscountPremium $-77.00K USD 1 Quarter
Accretion of asset retirement obligation AssetRetirementObligationAccretionExpense $372.00K USD 1 Quarter
Accretion of asset retirement obligation AssetRetirementObligationAccretionExpense $374.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.13M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.44M USD 1 Quarter
Amortization of deferred lease income RecognitionOfDeferredRevenue $671.00K USD 1 Quarter
Amortization of deferred lease income RecognitionOfDeferredRevenue $671.00K USD 1 Quarter
Income attributable to sale of tax benefits, net of interest expense IncomeAttributableToSaleOfEquityInterestsNetOfInterestExpense $4.47M USD 1 Quarter
Income attributable to sale of tax benefits, net of interest expense IncomeAttributableToSaleOfEquityInterestsNetOfInterestExpense $4.04M USD 1 Quarter
Equity in losses of investees IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-197.00K USD 1 Quarter
Equity in losses of investees IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-775.00K USD 1 Quarter
Mark-to-market of derivative instruments UnrealizedGainLossOnDerivatives $-4.13M USD 1 Quarter
Mark-to-market of derivative instruments UnrealizedGainLossOnDerivatives $-224.00K USD 1 Quarter
Write-off of unsuccessful exploration activities ExplorationAbandonmentAndImpairmentExpense $174.00K USD 1 Quarter
Loss on severance pay fund asset GainLossOnSaleOfOtherAssets $-140.00K USD 1 Quarter
Loss on severance pay fund asset GainLossOnSaleOfOtherAssets $-17.00K USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $5.90M USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $4.05M USD 1 Quarter
Liability for unrecognized tax benefits UnrecognizedTaxBenefitsPeriodIncreaseDecrease $182.00K USD 1 Quarter
Liability for unrecognized tax benefits UnrecognizedTaxBenefitsPeriodIncreaseDecrease $-321.00K USD 1 Quarter
Deferred lease revenues OtherOperatingActivitiesCashFlowStatement $-74.00K USD 1 Quarter
Deferred lease revenues OtherOperatingActivitiesCashFlowStatement $-63.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $181.00K USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-43.12M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $6.20M USD 1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts IncreaseDecreaseInUnbilledReceivables $6.57M USD 1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts IncreaseDecreaseInUnbilledReceivables $-20.37M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $356.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $382.00K USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.19M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $4.07M USD 1 Quarter
Deposits and other IncreaseDecreaseInDepositOtherAssets $1.23M USD 1 Quarter
Deposits and other IncreaseDecreaseInDepositOtherAssets $79.00K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-4.90M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-7.72M USD 1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-4.09M USD 1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts IncreaseDecreaseInBillingInExcessOfCostOfEarnings $33.14M USD 1 Quarter
Liabilities for severance pay IncreaseDecreaseInRestructuringReserve $341.00K USD 1 Quarter
Liabilities for severance pay IncreaseDecreaseInRestructuringReserve $-1.90M USD 1 Quarter
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $916.00K USD 1 Quarter
Other long-term liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $765.00K USD 1 Quarter
Due from/to Parent IncreaseDecreaseInOtherOperatingCapitalNet $513.00K USD 1 Quarter
Due from/to Parent IncreaseDecreaseInOtherOperatingCapitalNet $152.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $68.08M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $83.15M USD 1 Quarter
Cash acquired in organizational restructuring and share exchange with Ormat Industries (Note 1) CashAcquiredInOrganizationalResturcteringAndShareExchangeWithParent $15.39M USD 1 Quarter
Net change in restricted cash, cash equivalents and marketable securities IncreaseDecreaseInRestrictedCash $23.34M USD 1 Quarter
Net change in restricted cash, cash equivalents and marketable securities IncreaseDecreaseInRestrictedCash $22.28M USD 1 Quarter
Cash received from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $15.00M USD 1 Quarter
Capital expenditures PaymentsForProceedsFromProductiveAssets $42.39M USD 1 Quarter
Capital expenditures PaymentsForProceedsFromProductiveAssets $48.33M USD 1 Quarter
Cash grant received from the U.S. Treasury under Section 1603 of the ARRA ProceedsFromGrantors $21.81M USD 1 Quarter
Investment in unconsolidated companies PaymentsToAcquireEquityMethodInvestments $631.00K USD 1 Quarter
Increase in severance pay fund asset, net of payments made to retired employees IncreaseDecreaseInSeverancePayFundAssetNet $-2.02M USD 1 Quarter
Increase in severance pay fund asset, net of payments made to retired employees IncreaseDecreaseInSeverancePayFundAssetNet $-168.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-35.32M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-47.26M USD 1 Quarter
Proceeds from exercise of options by employees ProceedsFromStockOptionsExercised $2.70M USD 1 Quarter
Purchase of OFC Senior Secured Notes PaymentsOfDebtIssuanceCosts $12.86M USD 1 Quarter
Proceeds from revolving credit lines with banks ProceedsFromLongTermLinesOfCredit $887.58M USD 1 Quarter
Proceeds from revolving credit lines with banks ProceedsFromLongTermLinesOfCredit $489.90M USD 1 Quarter
Repayment of revolving credit lines with banks RepaymentsOfLongTermLinesOfCredit $902.40M USD 1 Quarter
Repayment of revolving credit lines with banks RepaymentsOfLongTermLinesOfCredit $479.60M USD 1 Quarter
Cash received from non-controlling interest ProceedsFromMinorityShareholders $1.65M USD 1 Quarter
Cash received from non-controlling interest ProceedsFromMinorityShareholders $2.23M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $10.53M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $10.49M USD 1 Quarter
Cash paid to non-controlling interest PaymentsToMinorityShareholders $3.09M USD 1 Quarter
Cash paid to non-controlling interest PaymentsToMinorityShareholders $3.50M USD 1 Quarter
Deferred debt issuance costs PaymentsOfFinancingCosts $2.16M USD 1 Quarter
Deferred debt issuance costs PaymentsOfFinancingCosts $391.00K USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $2.73M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $3.90M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-42.18M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-5.40M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-9.43M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $30.49M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsAndShortTermInvestments $57.35M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndShortTermInvestments $70.72M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndShortTermInvestments $40.23M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndShortTermInvestments $47.93M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndShortTermInvestments $57.35M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndShortTermInvestments $70.72M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndShortTermInvestments $40.23M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndShortTermInvestments $47.93M USD Point-in-time
Decrease in accounts payable related to purchases of property, plant and equipment IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment $-118.00K USD 1 Quarter
Decrease in accounts payable related to purchases of property, plant and equipment IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment $-5.64M USD 1 Quarter
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.17M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $786.75M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $765.69M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $745.11M USD Point-in-time
Cash dividend declared,per share (in Dollars per share) CommonStockDividendsPerShareDeclared $0.06 USD 1 Quarter
Cash dividend declared,per share (in Dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge, related tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $22.00K USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge, related tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $19.00K USD 1 Quarter
Loss in respect of derivative instruments designated for cash flow hedge, related tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $14.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.44M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.13M USD 1 Quarter
Exercise of options by employees and directors StockIssuedDuringPeriodValueStockOptionsExercised $2.70M USD 1 Quarter
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment, related tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Share exchange with Parent (Note 1) AdjustmentsToAdditionalPaidInCapitalStockIssuedParentShareExchange $25.76M USD 1 Quarter
Cash paid to noncontrolling interest MinorityInterestDecreaseFromRedemptions $228.00K USD 1 Quarter
Cash paid to noncontrolling interest MinorityInterestDecreaseFromRedemptions $140.00K USD 1 Quarter
Cash dividend declared, per share DividendsCommonStock $3.90M USD 1 Quarter
Cash dividend declared, per share DividendsCommonStock $2.73M USD 1 Quarter
Loss in respect of derivative instruments designated for cash flow hedge (net of related tax of $14) OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $23.00K USD 1 Quarter
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment (net of related tax of $0) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-3.30M USD 1 Quarter
Increase in noncontrolling interest in ORTP LLC NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $257.00K USD 1 Quarter
Net income ProfitLoss $10.27M USD 1 Quarter
Net income ProfitLoss $21.79M USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (net of related tax) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $36.00K USD 1 Quarter
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (net of related tax) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $30.00K USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $819.17M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $786.75M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $765.69M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $745.11M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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