TPI Composites (TPIC) 10-Q 3 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Trading Symbol	TPIC
Entity Registrant Name	TPI Composites, Inc.
Entity Central Index Key	0001455684
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		37,287,031
Entity Address, State or Province	AZ
Entity File Number	001-37839
Entity Tax Identification Number	20-1590775
Entity Address, Address Line One	8501 N. Scottsdale Rd.
Entity Address, Address Line Two	Gainey Center II, Suite 100
Entity Address, Postal Zip Code	85253
City Area Code	480
Local Phone Number	305-8910
Entity Address, City or Town	Scottsdale
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.01
Security Exchange Name	NASDAQ

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 155,020	$ 242,165
Restricted cash	8,652	10,053
Accounts receivable	194,913	157,804
Contract assets	193,567	188,323
Prepaid expenses	20,811	19,280
Other current assets	25,087	22,584
Inventories	13,725	11,533
Assets held for sale	8,529	8,529
Total current assets	620,304	660,271
Property, plant and equipment, net	167,098	169,578
Operating lease right of use assets	154,629	137,192
Other noncurrent assets	39,748	40,660
Total assets	981,779	1,007,701
Current liabilities:
Accounts payable and accrued expenses	311,856	336,697
Accrued warranty	35,578	42,020
Current maturities of long-term debt	60,618	66,438
Current operating lease liabilities	22,066	22,681
Contract liabilities	1,274	1,274
Total current liabilities	431,392	469,110
Long-term debt, net of current maturities	1,688	8,208
Noncurrent operating lease liabilities	141,642	146,479
Other noncurrent liabilities	11,781	10,978
Total liabilities	586,503	634,775
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common shares, $0.01 par value, 100,000 shares authorized, 37,524 shares issued and 37,258 shares outstanding at March 31, 2022 and 100,000 shares authorized, 37,418 shares issued and 37,180 shares outstanding at December 31, 2021	376	374
Paid-in capital	429,763	451,440
Accumulated other comprehensive loss	(16,965)	(54,006)
Accumulated deficit	(290,574)	(269,264)
Treasury stock, at cost, 270 shares at June 30, 2022 and 238 shares at December 31, 2021	(6,980)	(6,592)
Total stockholders’ equity	115,620	121,952
Total liabilities and stockholders’ equity	981,779	1,007,701
Series A Preferred Stock [Member]
Mezzanine equity [Abstract]
Series A Preferred Stock, $0.01 par value, 400 shares authorized; 350 and 350shares issued and outstanding, respectively at March 31, 2022 and December 31, 2021; liquidation preference of $[473,227] at March 31, 2022 and December 31, 2021	$ 279,656	$ 250,974

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	400,000	400,000
Preferred Stock, Shares Issued	350,000	350,000
Preferred Stock, Shares Outstanding	350,000	350,000
Liquidation preference	$ 474,798,000	$ 473,227,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	37,557,000	37,418,000
Common stock, shares outstanding	37,287,000	37,180,000
Treasury stock, shares	270,000	238,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Net sales	$ 452,368	$ 458,841	$ 837,238	$ 863,521
Cost of sales	441,098	440,416	812,052	823,472
Startup and transition costs	10,047	10,099	25,590	24,453
Total cost of goods sold	451,145	450,515	837,642	847,925
Gross profit	1,223	8,326	(404)	15,596
General and administrative expenses	6,688	6,712	14,548	15,634
Loss on sale of assets and asset impairments	2,563	1,451	3,522	2,748
Restructuring charges, net	10	2,196	2,403	2,454
Loss from operations	(8,038)	(2,033)	(20,877)	(5,240)
Other income (expense):
Interest expense, net	(913)	(2,691)	(1,682)	(5,395)
Foreign currency income (loss)	9,886	(6,504)	10,096	(10,231)
Miscellaneous income	309	321	851	1,060
Total other income (expense)	9,282	(8,874)	9,265	(14,566)
Income (loss) before income taxes	1,244	(10,907)	(11,612)	(19,806)
Income tax provision	(6,754)	(28,890)	(9,698)	(21,788)
Net loss	(5,510)	(39,797)	(21,310)	(41,594)
Preferred stock dividends and accretion	(14,550)	0	(28,682)	0
Net Loss Available to Common Stockholders	$ (20,060)	$ (39,797)	$ (49,992)	$ (41,594)
Weighted-average common shares outstanding:
Basic	41,968	36,881	41,934	36,742
Diluted	41,968	36,881	41,934	36,742
Net loss per common share:
Basic	$ (0.48)	$ (1.08)	$ (1.19)	$ (1.13)
Diluted	$ (0.48)	$ (1.08)	$ (1.19)	$ (1.13)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (5,510)	$ (39,797)	$ (21,310)	$ (41,594)
Other comprehensive income (loss):
Foreign currency translation adjustments	(7,346)	(4)	36,023	(5,295)
Unrealized gain (loss) on hedging derivatives, net of taxes of $0 and $85, $[X] and $736 respectively	(1,687)	(239)	1,018	(3,274)
Comprehensive income (loss)	(14,543)	(40,040)	15,731	(50,163)
Preferred stock dividends and accretion	(14,550)	0	(28,682)	0
Comprehensive loss attributable to common stockholders	$ (29,093)	$ (40,040)	$ (12,951)	$ (50,163)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Tax on hedging derivatives	$ 0	$ 85	$ 0	$ 736

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Series A Preferred Stock [Member]	Common Stock [Member]	Paid-in Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]	Treasury Stock, at Cost [Member]
Beginning balance at Dec. 31, 2020	$ 201,035		$ 368	$ 349,472	$ (32,990)	$ (109,716)	$ (6,099)
Beginning balance, shares at Dec. 31, 2020			36,771,000
Net loss	(1,797)					(1,797)
Share-based compensation expense	2,494			2,494
Issuances under share-based compensation plan	1,236		$ 1	1,235
Issuances under share-based compensation plan, shares			149,000
Common stock repurchased for treasury	(34)						(34)
Other comprehensive income (loss)	(8,326)				(8,326)
Ending balance at Mar. 31, 2021	194,608		$ 369	353,201	(41,316)	(111,513)	(6,133)
Ending balance, shares at Mar. 31, 2021			36,920,000
Beginning balance at Dec. 31, 2020	201,035		$ 368	349,472	(32,990)	(109,716)	(6,099)
Beginning balance, shares at Dec. 31, 2020			36,771,000
Net loss	(41,594)
Ending balance at Jun. 30, 2021	160,897		$ 372	359,527	(41,559)	(151,310)	(6,133)
Ending balance, shares at Jun. 30, 2021			37,248,000
Beginning balance at Mar. 31, 2021	194,608		$ 369	353,201	(41,316)	(111,513)	(6,133)
Beginning balance, shares at Mar. 31, 2021			36,920,000
Net loss	(39,797)					(39,797)
Share-based compensation expense	2,836			2,836
Issuances under share-based compensation plan	3,493		$ 3	3,490
Issuances under share-based compensation plan, shares			328,000
Other comprehensive income (loss)	(243)				(243)
Ending balance at Jun. 30, 2021	160,897		$ 372	359,527	(41,559)	(151,310)	(6,133)
Ending balance, shares at Jun. 30, 2021			37,248,000
Beginning balance at Dec. 31, 2021	121,952		$ 374	451,440	(54,006)	(269,264)	(6,592)
Beginning balance, shares at Dec. 31, 2021		350,000	37,418,000
Beginning balance at Dec. 31, 2021		$ 250,974
Temporary Equity, Accretion to Redemption Value		4,527
Net loss	(15,800)					(15,800)
Preferred stock dividends	(9,605)	(9,605)		(9,605)
Share-based compensation expense	3,279			3,279
Issuances under share-based compensation plan	1		$ 1
Issuances under share-based compensation plan, shares			106,000
Common stock repurchased for treasury	(343)						(343)
Other comprehensive income (loss)	46,074				46,074
Accretion of Series A Preferred Stock	(4,527)			(4,527)
Ending Balance at Mar. 31, 2022		$ 265,106
Ending balance at Mar. 31, 2022	141,031		$ 375	440,587	(7,932)	(285,064)	(6,935)
Ending balance, shares at Mar. 31, 2022		350,000	37,524,000
Beginning balance at Dec. 31, 2021	121,952		$ 374	451,440	(54,006)	(269,264)	(6,592)
Beginning balance, shares at Dec. 31, 2021		350,000	37,418,000
Beginning balance at Dec. 31, 2021		$ 250,974
Net loss	(21,310)
Ending Balance at Jun. 30, 2022		$ 279,656
Ending balance at Jun. 30, 2022	115,620		$ 376	429,763	(16,965)	(290,574)	(6,980)
Ending balance, shares at Jun. 30, 2022		350,000	37,557,000
Beginning balance at Mar. 31, 2022	141,031		$ 375	440,587	(7,932)	(285,064)	(6,935)
Beginning balance, shares at Mar. 31, 2022		350,000	37,524,000
Beginning balance at Mar. 31, 2022		$ 265,106
Net loss	(5,510)					(5,510)
Preferred stock dividends	(9,975)	(9,975)		(9,975)
Share-based compensation expense	3,726			3,726
Issuances under share-based compensation plan	1		$ 1
Issuances under share-based compensation plan, shares			33,000
Common stock repurchased for treasury	(45)						(45)
Other comprehensive income (loss)	(9,033)				(9,033)
Accretion of Series A Preferred Stock	(4,575)	4,575		(4,575)
Ending Balance at Jun. 30, 2022		$ 279,656
Ending balance at Jun. 30, 2022	$ 115,620		$ 376	$ 429,763	$ (16,965)	$ (290,574)	$ (6,980)
Ending balance, shares at Jun. 30, 2022		350,000	37,557,000

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net loss	$ (21,310)	$ (41,594)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	23,449	24,110
Loss on sale of assets and asset impairments	3,522	2,748
Share-based compensation expense	7,057	5,324
Amortization of debt issuance costs		228
Deferred income taxes	3,359	13,221
Changes in assets and liabilities:
Accounts receivable	(42,315)	(19,465)
Contract assets and liabilities	(4,713)	(16,007)
Operating lease right of use assets and operating lease liabilities	(891)	2,971
Inventories	(2,276)	(2,488)
Prepaid expenses	866	8,232
Other current assets	(2,035)	7,151
Other noncurrent assets	6,019	(1,767)
Accounts payable and accrued expenses	(23,787)	18,201
Accrued warranty	(6,442)	(3,390)
Other noncurrent liabilities	336	(730)
Net cash used in operating activities	(59,161)	(3,255)
Cash flows from investing activities:
Purchases of property, plant and equipment	(8,010)	(27,059)
Net cash used in investing activities	(8,010)	(27,059)
Cash flows from financing activities:
Proceeds from (repayments of) revolving and term loans	(1,757)	2,106
Proceeds from working capital loans	11,465	6,383
Repayments of working capital loans	(11,587)
Principal repayments of finance leases	(2,772)	(2,803)
Net proceeds from other debt	(7,689)	13,362
Proceeds from exercise of stock options	2	4,688
Repurchase of common stock including shares withheld in lieu of income taxes	(388)	(34)
Net cash provided by financing activities	(12,726)	23,702
Impact of foreign exchange rates on cash, cash equivalents and restricted cash	(8,649)	(323)
Net change in cash, cash equivalents and restricted cash	(88,546)	(6,935)
Cash, cash equivalents and restricted cash, beginning of year	252,218	130,196
Cash, cash equivalents and restricted cash, end of period	163,672	123,261
Supplemental cash flow information:
Cash paid for interest	1,667	5,255
Cash paid for income taxes, net of refunds	14,677	14,866
Noncash investing and financing activities:
Right of use assets obtained in exchange for new operating lease liabilities	10,670	5,384
Property, plant, and equipment obtained in exchange for new finance lease liabilities		136
Accrued capital expenditures in accounts payable	1,450	3,682
Paid-in-kind preferred stock dividends and accretion	28,682
Reconciliation of Cash, Cash Equivalents and Restricted Cash:
Cash and cash equivalents	242,165	129,857
Restricted cash	10,053	339
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	163,672	123,261
Cash and cash equivalents	155,020	123,107
Restricted cash	8,652	154
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$ 163,672	$ 123,261

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Note 1. Significant Account ing Policies Functional Currency Change from Turkish Lira to Euro for the Company’s Turkish operations. Effective January 1, 2022, the functional currency for our operations in Turkey changed from the Turkish Lira to the Euro. Nonmonetary assets and liabilities were remeasured into Euros at the rate in effect on the date of the asset's or liability’s inception and then translated into reporting currency based on the current exchange rate. The monetary assets and liabilities were remeasured into Euros at the rate in effect on the date of change and then translated into reporting currency based on the current exchange rate. The difference between historical basis of nonmonetary assets and liabilities and the new basis of $ 44.9 million (increase in net assets) was recorded in the currency translation adjustment account. The amount recorded in the currency translation adjustment account for prior periods was not reversed upon the change in functional currency. The majority of the initial impact of the functional currency change was to property, plant and equipment and operating lease right of use assets with offset to the currency translation adjustment account. While the change of the functional currency was based on a factual assessment, the determination of the date of the change required management’s judgement given the evolution in the primary economic and business environment in which we operate. When we established our Turkish operations in 2012 and 2013, the Turkish government had a goal of significantly increasing renewable energy generation and utilization within Turkey by year 2023. During 2014-2017, wind energy generated and utilized in Turkey increased and management observed that progress was being made towards the Turkish government's goal. In 2018 and 2019, the Turkish government introduced tenders to spur domestic renewable energy generation and utilization in Turkey. However, as of year-end 2020, Turkish domestic renewable energy generated and utilized was significantly less than originally forecasted by the Turkish government. As of 2021, there were no significant wind turbine installations under the tenders awarded by the Turkish government in 2018 and 2019. Based on recent and anticipated annual domestic renewable energy demand it is unlikely for the local energy generation to reach the Turkish government's goals for 2023. Additionally, in recent years sales to the eurozone have increased and the Company is focused on meeting the export demands of the region. Based on the analysis of the domestic renewable energy demand through 2021 and anticipated future demand, management concluded that Turkish domestic sales will not grow as previously envisioned and most of the future growth will continue to be predominately export sales to the eurozone, which are primarily denominated in Euros. Management re-evaluated all indicators established in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 830, "Foreign Currency Matters", to determine the functional currency of our Turkish operations. Such indicators include i) cash flow, ii) sales price, iii) sales market, iv) expense, v) financing and vi) intercompany transactions and arrangements. At the time of the assessment adopted on January 1, 2022, (i) approximately 80% of our sales in Turkey were denominated in Euros and the rest were in USD, (ii) a majority of expenses were denominated in Euros, (iii) all debt and lease obligations were denominated in Euro, (iv) a majority of the cash balances were denominated in Euros and (v) a majority of the intercompany balances were denominated in Euros. When considering all relevant facts together along with managements’ long-term plan for our Turkey operations, management concluded that the Euro best reflects the currency of the primary economic environment in which we currently operate. As a result, the Company adopted the Euro as the functional currency of our Turkish operations effective January 1, 2022 on a prospective basis.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Note 2. Basis of Presentation The condensed consolidated financial statements included herein have been prepared by us without audit, pursuant to the rules and regulations of the SEC and should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2021 included in our Annual Report on Form 10-K. Although we believe the disclosures that are made are adequate to make the information presented herein not misleading, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted, as permitted by the SEC. The accompanying condensed consolidated financial statements reflect, in the opinion of our management, all normal recurring adjustments necessary to present fairly our financial position at June 30, 2022, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and six months ended June 30, 2022 are not necessarily indicative of the results to be expected for the full year. Certain prior period amounts in the condensed consolidated financial statements and accompanying notes have been reclassified to conform to the current period’s presentation. The preparation of these condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The accompanying condensed consolidated financial statements include the accounts of TPI Composites, Inc. and all of our majority owned subsidiaries. All significant intercompany transactions and balances have been eliminated. References to TPI Composites, Inc, the “Company,” “we,” “us” or “our” in these notes refer to TPI Composites, Inc. and its consolidated subsidiaries. Accounting Pronouncements Recently Issued Accounting Pronouncements Reference Rate Reform In March 2020, the FASB issued Accounting Standards Update (ASU) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. This ASU only applies to contracts, hedging relationships, and other transactions that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. This ASU is effective for all entities beginning on March 12, 2020 and entities may elect to apply the ASU prospectively through December 31, 2022. The FASB later issued ASU 2021-01, Reference Rate Reform (Topic 848): Scope , to clarify the scope of Topic 848 so that derivatives affected by the discounting transition are explicitly eligible for certain optional expedients and exceptions in Topic 848. We are currently evaluating the impact this guidance may have on our condensed consolidated financial statements and related disclosures.

Revenue From Contracts with Cus

Revenue From Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue From Contracts with Customers	Note 3. Revenue From Contracts with Customers For a detailed discussion of our revenue recognition policy, refer to the discussion in Note 1, Summary of Operations and Summary of Significant Accounting Policies – (c) Revenue Recognition , to the Notes to Consolidated Financial Statements within our Annual Report on Form 10-K for the year ended December 31, 2021. The following tables represents the disaggregation of our net sales revenue by product for each of our reportable segments: Three Months Ended June 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 56,232 $ 181,273 $ 126,438 $ 50,093 $ 414,036 Precision molding and — 2,607 227 — — 2,834 Transportation sales 10,660 — — — — 10,660 Field service, inspection and 9,930 812 3,015 1,277 2 15,036 Other sales 67 214 7,470 1,895 156 9,802 Total net sales $ 20,657 $ 59,865 $ 191,985 $ 129,610 $ 50,251 $ 452,368 Three Months Ended June 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 39,427 $ 82,491 $ 131,188 $ 103,201 $ 62,397 $ 418,704 Precision molding and — 7,634 5,969 — — 13,603 Transportation sales 14,915 — — — — 14,915 Field service, inspection and 5,071 981 962 1,272 — 8,286 Other sales 36 — 2,363 877 57 3,333 Total net sales $ 59,449 $ 91,106 $ 140,482 $ 105,350 $ 62,454 $ 458,841 Six Months Ended June 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 92,631 $ 310,879 $ 273,287 $ 91,820 $ 768,617 Precision molding and — 6,466 374 — — 6,840 Transportation sales 23,517 — — — — 23,517 Field service, inspection and 18,531 1,780 3,015 1,558 2 24,886 Other sales 166 334 8,113 4,450 315 13,378 Total net sales $ 42,214 $ 101,211 $ 322,381 $ 279,295 $ 92,137 $ 837,238 Six Months Ended June 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 79,054 $ 154,994 $ 239,630 $ 214,228 $ 109,977 $ 797,883 Precision molding and — 11,598 10,932 22,530 Transportation sales 23,046 — — — — 23,046 Field service, inspection and 8,065 1,289 962 2,285 — 12,601 Other sales 277 153 5,710 1,203 118 7,461 Total net sales $ 110,442 $ 168,034 $ 257,234 $ 217,716 $ 110,095 $ 863,521 For a further discussion regarding our operating segments, see Note 16, Segment Reporting . The geographic regions of Europe, the Middle East and Africa comprises the EMEA segment. The geographic region of China comprises the Asia segment. Contract Assets and Liabilities Contract assets consist of the amount of revenue recognized over time for performance obligations in production where control has transferred to the customer but the contract does not yet allow for the customer to be billed. Typically, customers are billed when the product finishes production and meets the technical specifications contained in the contract. The majority of the contract asset balance relates to materials procured based on customer specifications. The contract assets are recorded as current assets in the condensed consolidated balance sheets. Contract liabilities consist of advance payments in excess of revenue earned. These amounts primarily represent progress payments received as precision molding and assembly systems are being manufactured. The contract liabilities are recorded as current liabilities in the condensed consolidated balance sheets and are reduced as we record revenue over time. These contract assets and liabilities are reported on the condensed consolidated balance sheets net on a contract-by-contract basis at the end of each reporting period. Contract assets and contract liabilities consisted of the following: June 30, December 31, 2022 2021 $ Change (in thousands) Gross contract assets $ 194,319 $ 196,659 $ ( 2,340 ) Less: reclassification from contract liabilities ( 752 ) ( 8,336 ) 7,584 Contract assets $ 193,567 $ 188,323 $ 5,244 June 30, December 31, 2022 2021 $ Change (in thousands) Gross contract liabilities $ 2,026 $ 9,610 $ ( 7,584 ) Less: reclassification to contract assets ( 752 ) ( 8,336 ) 7,584 Contract liabilities $ 1,274 $ 1,274 $ — Contract assets increased by $ 5.2 million from December 31, 2021 to June 30, 2022 due to an increase in customer specific material purchases and incremental unbilled production during the six months ended June 30, 2022. Contract liabilities, net of the amounts reclassed to contract assets, remained consistent from December 31, 2021 to June 30, 2022. For the three and six months ended June 30, 2022 , we recognized $ 1.3 million of revenue related to precision molding and assembly systems and wind blades, which was included in the corresponding contract liability balance at the beginning of the period. Performance Obligations Remaining performance obligations represent the transaction price for which work has not been performed and excludes any unexercised contract options. The transaction price includes estimated variable consideration as determined based on the estimated production output within the range of the contractual guaranteed minimum volume obligations and production capacity. As of June 30, 2022, the aggregate amount of the transaction price allocated to the remaining performance obligations to be satisfied in future periods was approximately $ 2.2 billion. We estimate that we will recognize the remaining performance obligations as revenue as follows: $ % of Total (in thousands) Year Ending December 31, Remainder of 2022 $ 813,599 36.3 % 2023 1,213,634 54.2 2024 212,830 9.5 Total remaining performance obligations $ 2,240,063 100 % For the three and six months ended June 30, 2022 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 4.0 million and $ 10.6 million, respectively, as compared to decreases of $ 4.0 million and $ 12.5 million, respectively, in the comparative prior year periods. The current year decreases primarily relate to changes in certain of our estimated total contract values and related direct costs to complete the performance obligations.

Significant Risks and Uncertain

Significant Risks and Uncertainties	6 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Significant Risks and Uncertainties	Note 4. Significant Risks and Uncertainties Our revenues and receivables are earned from a small number of customers. As such, our production levels are dependent on these customers’ orders. See Note 15, Concentration of Customers . We may be required to reinstate temporary production suspensions or volume reductions at our manufacturing facilities to the extent there are new resurgences of COVID-19 cases in the regions where we operate or there is an outbreak of positive COVID-19 cases in any of our manufacturing facilities. The after-effects of the COVID-19 pandemic, the current geopolitical situation, and economic environment, including with respect to inflation, continue to evolve and affect supply chain performance and underlying assumptions in various ways – specifically with volatility in commodity, energy, and logistics costs. There were both significant price increases and supply constraints during the three and six months ended June 30, 2022, as compared to the prior year comparative periods with respect to resin, fiberglass, and carbon fiber, which are key raw materials that we use to manufacture our products, as well as increases in logistics costs to obtain raw materials. We expect fiberglass, carbon fiber and related product supply will remain constrained. Production of fiberglass and carbon products is very energy intensive and although we are able to pass on a majority of cost increases to our customers, rising energy costs could continue to adversely impact cost of materials. If the supply of petroleum-based resin feedstocks and carbon fiber continue to be constrained and the prices for these raw materials remain elevated for an extended period of time, such constraints and elevated price levels could have a further material adverse impact on our results of operations. Although we believe that the onshore wind market will continue to grow over the long term, the expiration of the United States Production Tax Credit (PTC) at the end of 2021 and the lack of new policy or legislation has created uncertainty in the near term. We are monitoring legislative and regulatory policy proposals to extend or expand tax credits and other programs in the United States to promote wind energy. We maintain our United States (U.S.) cash in bank deposit and money market accounts that, at times, exceed U.S. federally insured limits. U.S. bank accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) in an amount up to $ 250,000 during 2022 and 2021. U.S. money market accounts are not guaranteed by the FDIC. At June 30, 2022 and December 31, 2021, we had $ 95.2 million and $ 165.4 million, respectively, of cash in bank deposit and money market accounts in U.S. banks, which were in excess of FDIC limits. We have not experienced losses in any such accounts. We also maintain cash in bank deposit accounts outside the U.S. with no insurance. At June 30, 2022, this included $ 12.5 million in China, $ 39.3 million in Turkey, $ 4.9 million in India, $ 2.4 million in Mexico and $ 0.7 million in other countries. As of December 31, 2021, this included $ 25.9 million in China, $ 42.6 million in Turkey, $ 5.7 million in India, $ 2.1 million in Mexico and $ 0.5 million in other countries. We have not experienced losses in these accounts. In addition, at June 30, 2022 and December 31, 2021, we had short-term deposits in interest bearing accounts in the U.S. of $ 8.7 million and $ 10.1 million, respectively, which are reported as restricted cash in our condensed consolidated balance sheets.

Accrued Warranty

Accrued Warranty	6 Months Ended
	Jun. 30, 2022
Product Warranties Disclosures [Abstract]
Accrued Warranty	Note 5. Accrued Warranty The warranty accrual activity for the periods noted consisted of the following: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Warranty accrual at beginning of period $ 38,943 $ 45,956 $ 42,020 $ 50,852 Accrual during the period 3,626 5,400 6,692 10,247 Cost of warranty services provided during the period ( 4,085 ) ( 3,781 ) ( 12,399 ) ( 11,352 ) Changes in estimate for pre-existing warranties, ( 2,906 ) ( 113 ) ( 735 ) ( 2,285 ) Warranty accrual at end of period $ 35,578 $ 47,462 $ 35,578 $ 47,462

Long-Term Debt, Net of Current

Long-Term Debt, Net of Current Maturities	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt, Net of Current Maturities	Note 6. Long-Term Debt, Net of Current Maturities Long-term debt, net of current maturities, consisted of the following: June 30, December 31, 2022 2021 (in thousands) Unsecured financing—EMEA $ 41,286 $ 48,444 Secured and unsecured working capital loans—India 10,285 10,269 Unsecured term loan—India 6,214 8,109 Equipment finance lease—Mexico 3,557 5,821 Equipment finance lease—EMEA 909 1,884 Other equipment finance leases 55 119 Total debt—principal 62,306 74,646 Less: Current maturities of long-term debt ( 60,618 ) ( 66,438 ) Long-term debt, net of current maturities $ 1,688 $ 8,208

Share-Based Compensation Plans

Share-Based Compensation Plans	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Note 7. Share-Based Compensation Plans During the six months ended June 30, 2022 , we issued to certain employees and non-employee directors an aggregate of 867,131 timed-based restricted stock units (RSUs), 37,065 performance-based restricted stock units (PSUs) that vest upon achievement of annual, adjusted Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) targets measured from January 1, 2022 through December 31, 2024, 111,193 PSUs that vest upon achievement of certain stock price hurdles for the period of the grant date through December 31, 2024, and 49,781 PSUs that vest upon achievement of certain strategic targets measured from January 12, 2022 through January 12, 2032. 167,507 of the time-based RSUs vest on the third anniversary date of the grant date, 413,467 of the time-based RSUs vest 50 % on the first and second anniversary of the grant date, respectively, 210,053 of the time-based RSUs vest 25 % on the first, second, third and fourth anniversary of the grant date, respectively, and 76,104 of the time-based RSUs vest 100 % on the first anniversary of the grant. Each of the time-based and performance-based RSU awards are subject to the recipient’s continued service with us, the terms and conditions of our stock option and incentive plan and the applicable award agreement. In addition, during the six months ended June 30, 2022 , we issued 45,510 stock options to certain employees. The share-based compensation expense recognized in the condensed consolidated statements of operations was as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Cost of goods sold $ 965 $ 1,129 $ 1,854 $ 1,332 General and administrative expenses 2,783 1,796 5,203 3,992 Total share-based compensation expense $ 3,748 $ 2,925 $ 7,057 $ 5,324 The share-based compensation expense recognized by award type was as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) RSUs $ 2,911 $ 1,772 $ 5,730 $ 3,027 Stock options 165 573 329 1,191 PSUs 672 580 998 1,106 Total share-based compensation expense $ 3,748 $ 2,925 $ 7,057 $ 5,324

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Note 8. Leases We have operating and finance leases for our manufacturing facilities, warehouses, offices, automobiles and certain of our machinery and equipment. Our leases have remaining lease terms of between one and 15 years , some of which may include options to extend the leases up to five years . The components of lease cost were as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Total operating lease cost $ 10,596 $ 9,645 $ 21,812 $ 19,361 Finance lease cost Amortization of assets under finance leases $ 869 $ 906 $ 1,906 $ 1,806 Interest on finance leases 82 169 192 358 Total finance lease cost $ 951 $ 1,075 $ 2,098 $ 2,164 Total lease assets and liabilities were as follows: June 30, December 31, 2022 2021 (in thousands) Operating Leases Operating lease right of use assets $ 154,629 $ 137,192 Current operating lease liabilities $ 22,066 $ 22,681 Noncurrent operating lease liabilities 141,642 146,479 Total operating lease liabilities $ 163,708 $ 169,160 Finance Leases Property, plant and equipment, gross $ 36,106 $ 26,405 Less: accumulated depreciation ( 21,537 ) ( 13,782 ) Total property, plant and equipment, net $ 14,569 $ 12,623 Current maturities of long-term debt $ 2,833 $ 5,435 Long-term debt, net of debt issuance costs and current maturities 1,688 2,389 Total finance lease liabilities $ 4,521 $ 7,824 Future minimum lease payments under noncancelable leases as of June 30, 2022 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2022 $ 17,237 $ 2,358 2023 32,392 1,325 2024 29,594 711 2025 29,140 379 2026 28,176 7 Thereafter 80,835 — Total future minimum lease payments 217,374 4,780 Less: interest ( 53,666 ) ( 259 ) Total lease liabilities $ 163,708 $ 4,521 Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 20,169 $ 18,297 Operating cash flows from finance leases 192 358 Financing cash flows from finance leases 2,772 2,803 Other information related to leases was as follows: June 30, December 31, 2022 2021 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.8 7.0 Finance leases 1.8 1.9 Weighted-Average Discount Rate: Operating leases 8.1 % 8.0 % Finance leases 5.5 % 5.8 % As of June 30, 2022 , there were no material additional leases related to our manufacturing facilities, warehouses, offices, automobiles or our machinery and equipment which have not yet commenced.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Note 9. Financial Instruments Foreign Exchange Forward Contracts We use foreign exchange forward contracts to mitigate our exposure to fluctuations in exchange rates between the functional currencies of our subsidiaries and the other currencies in which they transact. We do not use such forward contracts for speculative or trading purposes. Mexican Peso With regards to our foreign exchange call option contracts, for the three and six months ended June 30, 2022 , $ 0.3 million and $ 0.9 million, respectively, of premium amortization was recorded through cost of sales within our condensed consolidated statements of operations, as compared to $ 0.7 million and $ 1.4 million, respectively, in the comparative prior year periods. The net income (loss) recognized in accumulated other comprehensive loss in our condensed consolidated statements of changes in stockholders’ equity for our foreign exchange call option contracts is expected to be recognized in cost of sales in our condensed consolidated statements of operations during the next nine months. As of June 30, 2022 and December 31, 2021 , the notional values associated with our foreign exchange call option contracts qualifying as cash flow hedges were approximately 0.7 billion Mexican Pesos (approximately $ 31.9 million) and approximately 0.4 billion Mexican Pesos (approximately $ 20.2 million), respectively. Chinese Renminbi All of our remaining outstanding foreign exchange forward contracts, for which hedge accounting does not apply, expired during 2022. For the three and six months ended June 30, 2022 , $ 0.0 million and $ 0.1 million, respectively, in gains were recorded through foreign currency income (loss) within our condensed consolidated statements of operations, as compared to $ 0.5 million and $ 0.6 million, respectively, in the comparative prior year periods. India Rupee With regards to our foreign exchange call option contracts, for which hedge accounting does not apply, for the three and six months ended June 30, 2022 , $ 0.1 million and $ 0.2 million, respectively, in gains were recorded through foreign currency income (loss) within our condensed consolidated statements of operations, as compared to $ 0.5 million and $ 1.2 million, respectively, in the comparative prior year periods. Additionally, with regards to our foreign exchange call option contracts, for the three and six months ended June 30, 2022 , $ 0.4 million and $ 1.0 million, respectively, of premium amortization was recorded as losses through foreign currency income (loss) within our condensed consolidated statements of operations, as compared to $ 0.3 million and $ 0.3 million, respectively, in the comparative prior year periods. The fair values and location of our financial instruments in our condensed consolidated balance sheets were as follows: Condensed Consolidated June 30, December 31, Financial Instrument Balance Sheet Line Item 2022 2021 (in thousands) Foreign exchange forward contracts Other current assets $ 2,004 $ 1,580 Foreign exchange forward contracts Accounts payable and accrued — 1,052 The following table presents the pretax amounts reclassified from accumulated other comprehensive loss into our condensed consolidated statements of operations: Accumulated Condensed Consolidated Three Months Ended Six Months Ended Other Comprehensive Statement of Operations June 30, June 30, Loss Component Line Item 2022 2021 2022 2021 (in thousands) Foreign exchange forward Cost of sales $ ( 498 ) $ ( 1,035 ) $ ( 1,138 ) $ ( 3,037 )

Restructuring Charges, Net

Restructuring Charges, Net	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring Charges, Net	Note 10. Restructuring Charges, Net The following is a summary of our restructuring charges, net for the periods presented: Three Months Ended June 30, 2022 U.S. Asia Mexico Total (in thousands) Severance $ 56 $ 484 $ ( 811 ) $ ( 271 ) Other restructuring costs 97 184 — 281 Total restructuring charges, net $ 153 $ 668 $ ( 811 ) $ 10 Six Months Ended June 30, 2022 U.S. Asia Mexico Total (in thousands) Severance $ 100 $ 2,037 $ ( 545 ) $ 1,592 Other restructuring costs 244 567 — 811 Total restructuring charges, net $ 344 $ 2,604 $ ( 545 ) $ 2,403 For the three and six months ended June 30, 2021 , we incurred $ 2.2 million and $ 2.5 million, respectively, in restructuring charges related to our Asia segment. The following is a summary of our restructuring liability activity for the periods presented: U.S. Asia Mexico Total (in thousands) Balance at December 31, 2021 $ 2,638 $ 8,145 $ 2,161 $ 12,944 Restructuring charges, net 191 1,936 266 2,393 Payments ( 1,920 ) ( 4,675 ) ( 415 ) ( 7,010 ) Balance at March 31, 2022 909 5,406 2,012 8,327 Restructuring charges, net 153 668 ( 811 ) 10 Payments ( 675 ) ( 3,282 ) ( 295 ) ( 4,252 ) Balance at June 30, 2022 $ 387 $ 2,792 $ 906 $ 4,085

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 11. Income Taxes For the three and six months ended June 30, 2022 , we reported an income tax provision of $ 6.8 million and $ 9.7 million, respectively, as compared to an income tax provision of $ 28.9 million and $ 21.8 million, respectively, in the comparative prior year periods. This decrease resulted primarily from the change in the mix of earnings of foreign jurisdictions and an increase in U.S. valuation allowance and uncertain tax positions compared to the same period in 2021. No changes in tax law occurred during the six months ended June 30, 2022 , which had a material impact on our income tax provision. We do not record a deferred tax liability related to unremitted foreign earnings as we maintain our assertion to indefinitely reinvest our unremitted foreign earnings.

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Note 12. Net Income (Loss) Per Common Share The following table sets forth the computation of basic and diluted net income (loss) per common share: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands, except per share data) Numerator: Net loss $ ( 5,510 ) $ ( 39,797 ) $ ( 21,310 ) $ ( 41,594 ) Preferred stock dividends and accretion ( 14,550 ) — ( 28,682 ) — Net loss attributable to common stockholders $ ( 20,060 ) $ ( 39,797 ) $ ( 49,992 ) $ ( 41,594 ) Denominator: Basic weighted-average shares outstanding 41,968 36,881 41,934 36,742 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 41,968 36,881 41,934 36,742 Basic net income (loss) per common share $ ( 0.48 ) $ ( 1.08 ) $ ( 1.19 ) $ ( 1.13 ) Diluted net income (loss) per common share $ ( 0.48 ) $ ( 1.08 ) $ ( 1.19 ) $ ( 1.13 ) Potentially dilutive shares excluded from the calculation 490 1,607 477 1,864 Anti-dilutive share-based compensation awards 250 — 339 — For the six months ended June 30, 2022 , the weighted average number of common shares outstanding during the period includes 4,666,667 of outstanding, fully vested warrants that are exercisable for $ 0.01 per warrant.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Stockholders Equity	Note 13. Stockholders’ Equity Accumulated Other Comprehensive Loss The following tables presents the changes in accumulated other comprehensive loss (AOCL) by component: Six Months Ended June 30, 2022 Foreign Foreign currency exchange translation Interest rate forward Total adjustments swap contracts AOCL (in thousands) Balance at December 31, 2021 $ ( 48,530 ) $ — $ ( 5,476 ) $ ( 54,006 ) Other comprehensive income (loss) before reclassifications 43,369 — 3,345 46,714 Amounts reclassified from AOCL — — ( 640 ) ( 640 ) Net tax effect — — — — Net current period other comprehensive income (loss) 43,369 — 2,705 46,074 Balance at March 31, 2022 ( 5,161 ) — ( 2,771 ) ( 7,932 ) Other comprehensive income (loss) before reclassifications ( 7,346 ) — ( 1,189 ) ( 8,535 ) Amounts reclassified from AOCL — — ( 498 ) ( 498 ) Net tax effect — — — — Net current period other comprehensive income (loss) ( 7,346 ) — ( 1,687 ) ( 9,033 ) Balance at June 30, 2022 $ ( 12,507 ) $ — $ ( 4,458 ) $ ( 16,965 ) Six Months Ended June 30, 2021 Foreign Foreign currency exchange translation Interest rate forward Total adjustments swap contracts AOCL (in thousands) Balance at December 31, 2020 $ ( 30,111 ) $ ( 3,443 ) $ 564 $ ( 32,990 ) Other comprehensive income (loss) before reclassifications ( 5,291 ) 597 ( 2,281 ) ( 6,975 ) Amounts reclassified from AOCL — — ( 2,002 ) ( 2,002 ) Net tax effect — ( 139 ) 790 651 Net current period other comprehensive income (loss) ( 5,291 ) 458 ( 3,493 ) ( 8,326 ) Balance at March 31, 2021 ( 35,402 ) ( 2,985 ) ( 2,929 ) ( 41,316 ) Other comprehensive income (loss) before reclassifications ( 4 ) 452 259 707 Amounts reclassified from AOCL — — ( 1,035 ) ( 1,035 ) Net tax effect — ( 105 ) 190 85 Net current period other comprehensive income (loss) ( 4 ) 347 ( 586 ) ( 243 ) Balance at June 30, 2021 $ ( 35,406 ) $ ( 2,638 ) $ ( 3,515 ) $ ( 41,559 )

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14. Commitments and Contingencies Legal Proceedings From time to time, we are party to various lawsuits, claims, and other legal proceedings that arise in the ordinary course of business, some of which may not be covered by insurance. Upon resolution of any pending legal matters, we may incur charges in excess of presently established reserves. Our management does not believe that any such charges would, individually or in the aggregate, have a material adverse effect on our financial condition, results of operations or cash flows. In January 2021, we received a complaint that was filed by the administrator for the Senvion GmbH (Senvion) insolvency estate in German insolvency court. The complaint asserts voidance against us in the aggregate amount of $ 13.3 million. The alleged voidance claims relate to payments that Senvion made to us for wind blades that we produced prior to Senvion filing for insolvency protection. We filed a response to these alleged voidance claims in August 2021 and filed a supplemental response in April 2022. We believe we have meritorious defenses to the alleged voidance claims. Due to the current procedural posture of this claim, we have determined that the ultimate outcome cannot be estimated at this time.

Concentration of Customers

Concentration of Customers	6 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Concentration of Customers	Note 15. Concentration of Customers Net sales from certain customers (in thousands) in excess of 10 percent of our total consolidated net sales are as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Customer Net sales % of T otal Net sales % of T otal Net sales % of T otal Net sales % of T otal Vestas $ 206,967 45.8 % $ 208,787 45.5 % $ 371,933 44.4 % $ 378,005 43.8 % Nordex 121,159 26.8 % 81,505 17.8 % 238,452 28.5 158,048 18.3 GE 82,084 18.1 % 105,937 23.1 % 139,704 16.7 210,789 24.4 Trade accounts receivable from certain customers in excess of 10 percent of our total consolidated trade accounts receivable are as follows: June 30, December 31, 2022 2021 Customer % of Total % of Total Nordex 53.4 % 61.5 % Vestas 18.7 10.7 Enercon 12.7 14.7

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Reporting	Note 16. Segment Reporting Our operating segments are defined geographically into five geographic operating segments—(1) the U.S., (2) Asia, (3) Mexico, (4) EMEA and (5) India. For a detailed discussion of our operating segments, refer to the discussion in Note 21, Segment Reporting , to the Notes to Consolidated Financial Statements within our Annual Report on Form 10-K for the year ended December 31, 2021. Our U.S. and India segments operate in U.S. dollars. Our Mexico and Asia segments operate in their local currency and include a U.S. parent company that operates in U.S. dollars. Our EMEA segment operates in Euros, effective January 1, 2022. Prior to this, our EMEA segment operated in Turkish Lira. The following tables set forth certain information regarding each of our segments: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Net sales by segment: U.S. $ 20,657 $ 59,449 $ 42,214 $ 110,442 Asia 59,865 91,106 101,211 168,034 Mexico 191,985 140,482 322,381 257,234 EMEA 129,610 105,350 279,295 217,716 India 50,251 62,454 92,137 110,095 Total net sales $ 452,368 $ 458,841 $ 837,238 $ 863,521 Net sales by geographic location (1) : U.S. $ 20,657 $ 59,449 $ 42,214 $ 110,442 China 59,865 91,106 101,211 168,034 Mexico 191,985 140,482 322,381 257,234 Turkey 129,610 105,350 279,295 217,716 India 50,251 62,454 92,137 110,095 Total net sales $ 452,368 $ 458,841 $ 837,238 $ 863,521 Income (loss) from operations: U.S. (2) $ ( 16,643 ) $ 2,836 $ ( 23,177 ) $ ( 7,077 ) Asia ( 156 ) 8,105 ( 6,265 ) 10,814 Mexico ( 14,268 ) ( 27,944 ) ( 37,972 ) ( 33,675 ) EMEA 20,102 10,782 43,719 20,570 India 2,927 4,188 2,818 4,128 Total loss from operations $ ( 8,038 ) $ ( 2,033 ) $ ( 20,877 ) $ ( 5,240 ) June 30, December 31, 2022 2021 (in thousands) Property, plant and equipment, net: U.S. $ 23,450 $ 25,522 Asia (China) 22,898 26,965 Mexico 63,741 71,208 EMEA (Turkey) 25,974 14,413 India 31,035 31,470 Total property, plant and equipment, net $ 167,098 $ 169,578 (1) Net sales are attributable to countries based on the location where the product is manufactured or the services are performed. (2) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 6.6 million and $ 14.5 million for the three and six months ended June 30, 2022 , respectively, and $ 6.7 million and $ 15.6 million, respectively, in the comparative prior year periods.

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	The condensed consolidated financial statements included herein have been prepared by us without audit, pursuant to the rules and regulations of the SEC and should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2021 included in our Annual Report on Form 10-K. Although we believe the disclosures that are made are adequate to make the information presented herein not misleading, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted, as permitted by the SEC. The accompanying condensed consolidated financial statements reflect, in the opinion of our management, all normal recurring adjustments necessary to present fairly our financial position at June 30, 2022, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and six months ended June 30, 2022 are not necessarily indicative of the results to be expected for the full year. Certain prior period amounts in the condensed consolidated financial statements and accompanying notes have been reclassified to conform to the current period’s presentation. The preparation of these condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The accompanying condensed consolidated financial statements include the accounts of TPI Composites, Inc. and all of our majority owned subsidiaries. All significant intercompany transactions and balances have been eliminated. References to TPI Composites, Inc, the “Company,” “we,” “us” or “our” in these notes refer to TPI Composites, Inc. and its consolidated subsidiaries.
Accounting Pronouncements	Accounting Pronouncements Recently Issued Accounting Pronouncements Reference Rate Reform In March 2020, the FASB issued Accounting Standards Update (ASU) 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. This ASU only applies to contracts, hedging relationships, and other transactions that reference the London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. This ASU is effective for all entities beginning on March 12, 2020 and entities may elect to apply the ASU prospectively through December 31, 2022. The FASB later issued ASU 2021-01, Reference Rate Reform (Topic 848): Scope , to clarify the scope of Topic 848 so that derivatives affected by the discounting transition are explicitly eligible for certain optional expedients and exceptions in Topic 848. We are currently evaluating the impact this guidance may have on our condensed consolidated financial statements and related disclosures.

Revenue From Contracts with C_2

Revenue From Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation of Net Sales Revenue by Product for Each of Reportable Segments	The following tables represents the disaggregation of our net sales revenue by product for each of our reportable segments: Three Months Ended June 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 56,232 $ 181,273 $ 126,438 $ 50,093 $ 414,036 Precision molding and — 2,607 227 — — 2,834 Transportation sales 10,660 — — — — 10,660 Field service, inspection and 9,930 812 3,015 1,277 2 15,036 Other sales 67 214 7,470 1,895 156 9,802 Total net sales $ 20,657 $ 59,865 $ 191,985 $ 129,610 $ 50,251 $ 452,368 Three Months Ended June 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 39,427 $ 82,491 $ 131,188 $ 103,201 $ 62,397 $ 418,704 Precision molding and — 7,634 5,969 — — 13,603 Transportation sales 14,915 — — — — 14,915 Field service, inspection and 5,071 981 962 1,272 — 8,286 Other sales 36 — 2,363 877 57 3,333 Total net sales $ 59,449 $ 91,106 $ 140,482 $ 105,350 $ 62,454 $ 458,841 Six Months Ended June 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 92,631 $ 310,879 $ 273,287 $ 91,820 $ 768,617 Precision molding and — 6,466 374 — — 6,840 Transportation sales 23,517 — — — — 23,517 Field service, inspection and 18,531 1,780 3,015 1,558 2 24,886 Other sales 166 334 8,113 4,450 315 13,378 Total net sales $ 42,214 $ 101,211 $ 322,381 $ 279,295 $ 92,137 $ 837,238 Six Months Ended June 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 79,054 $ 154,994 $ 239,630 $ 214,228 $ 109,977 $ 797,883 Precision molding and — 11,598 10,932 22,530 Transportation sales 23,046 — — — — 23,046 Field service, inspection and 8,065 1,289 962 2,285 — 12,601 Other sales 277 153 5,710 1,203 118 7,461 Total net sales $ 110,442 $ 168,034 $ 257,234 $ 217,716 $ 110,095 $ 863,521
Summary of Contract Assets and Contract Liabilities	Contract assets and contract liabilities consisted of the following: June 30, December 31, 2022 2021 $ Change (in thousands) Gross contract assets $ 194,319 $ 196,659 $ ( 2,340 ) Less: reclassification from contract liabilities ( 752 ) ( 8,336 ) 7,584 Contract assets $ 193,567 $ 188,323 $ 5,244 June 30, December 31, 2022 2021 $ Change (in thousands) Gross contract liabilities $ 2,026 $ 9,610 $ ( 7,584 ) Less: reclassification to contract assets ( 752 ) ( 8,336 ) 7,584 Contract liabilities $ 1,274 $ 1,274 $ —
Schedule of Estimate to Recognize Remaining Performance Obligations as Revenue	We estimate that we will recognize the remaining performance obligations as revenue as follows: $ % of Total (in thousands) Year Ending December 31, Remainder of 2022 $ 813,599 36.3 % 2023 1,213,634 54.2 2024 212,830 9.5 Total remaining performance obligations $ 2,240,063 100 %

Accrued Warranty (Tables)

Accrued Warranty (Tables)	6 Months Ended
	Jun. 30, 2022
Product Warranties Disclosures [Abstract]
Schedule of Warranty Accrual Activity	The warranty accrual activity for the periods noted consisted of the following: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Warranty accrual at beginning of period $ 38,943 $ 45,956 $ 42,020 $ 50,852 Accrual during the period 3,626 5,400 6,692 10,247 Cost of warranty services provided during the period ( 4,085 ) ( 3,781 ) ( 12,399 ) ( 11,352 ) Changes in estimate for pre-existing warranties, ( 2,906 ) ( 113 ) ( 735 ) ( 2,285 ) Warranty accrual at end of period $ 35,578 $ 47,462 $ 35,578 $ 47,462

Long-Term Debt, Net of Curren_2

Long-Term Debt, Net of Current Maturities (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt, Net of Current Maturities	Long-term debt, net of current maturities, consisted of the following: June 30, December 31, 2022 2021 (in thousands) Unsecured financing—EMEA $ 41,286 $ 48,444 Secured and unsecured working capital loans—India 10,285 10,269 Unsecured term loan—India 6,214 8,109 Equipment finance lease—Mexico 3,557 5,821 Equipment finance lease—EMEA 909 1,884 Other equipment finance leases 55 119 Total debt—principal 62,306 74,646 Less: Current maturities of long-term debt ( 60,618 ) ( 66,438 ) Long-term debt, net of current maturities $ 1,688 $ 8,208

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense Recognized in Condensed Consolidated Statements of Operations	The share-based compensation expense recognized in the condensed consolidated statements of operations was as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Cost of goods sold $ 965 $ 1,129 $ 1,854 $ 1,332 General and administrative expenses 2,783 1,796 5,203 3,992 Total share-based compensation expense $ 3,748 $ 2,925 $ 7,057 $ 5,324
Schedule of Share-based Compensation Arrangements by Share-based Payment Award	The share-based compensation expense recognized by award type was as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) RSUs $ 2,911 $ 1,772 $ 5,730 $ 3,027 Stock options 165 573 329 1,191 PSUs 672 580 998 1,106 Total share-based compensation expense $ 3,748 $ 2,925 $ 7,057 $ 5,324

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Components of Lease Cost	The components of lease cost were as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Total operating lease cost $ 10,596 $ 9,645 $ 21,812 $ 19,361 Finance lease cost Amortization of assets under finance leases $ 869 $ 906 $ 1,906 $ 1,806 Interest on finance leases 82 169 192 358 Total finance lease cost $ 951 $ 1,075 $ 2,098 $ 2,164
Schedule of Lease Assets and Liabilities	Total lease assets and liabilities were as follows: June 30, December 31, 2022 2021 (in thousands) Operating Leases Operating lease right of use assets $ 154,629 $ 137,192 Current operating lease liabilities $ 22,066 $ 22,681 Noncurrent operating lease liabilities 141,642 146,479 Total operating lease liabilities $ 163,708 $ 169,160 Finance Leases Property, plant and equipment, gross $ 36,106 $ 26,405 Less: accumulated depreciation ( 21,537 ) ( 13,782 ) Total property, plant and equipment, net $ 14,569 $ 12,623 Current maturities of long-term debt $ 2,833 $ 5,435 Long-term debt, net of debt issuance costs and current maturities 1,688 2,389 Total finance lease liabilities $ 4,521 $ 7,824
Schedule of Future Minimum Lease Payments under Noncancelable Leases	Future minimum lease payments under noncancelable leases as of June 30, 2022 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2022 $ 17,237 $ 2,358 2023 32,392 1,325 2024 29,594 711 2025 29,140 379 2026 28,176 7 Thereafter 80,835 — Total future minimum lease payments 217,374 4,780 Less: interest ( 53,666 ) ( 259 ) Total lease liabilities $ 163,708 $ 4,521
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 20,169 $ 18,297 Operating cash flows from finance leases 192 358 Financing cash flows from finance leases 2,772 2,803
Other Information Related to Leases	Other information related to leases was as follows: June 30, December 31, 2022 2021 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.8 7.0 Finance leases 1.8 1.9 Weighted-Average Discount Rate: Operating leases 8.1 % 8.0 % Finance leases 5.5 % 5.8 %

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values and Location of Financial Instruments	The fair values and location of our financial instruments in our condensed consolidated balance sheets were as follows: Condensed Consolidated June 30, December 31, Financial Instrument Balance Sheet Line Item 2022 2021 (in thousands) Foreign exchange forward contracts Other current assets $ 2,004 $ 1,580 Foreign exchange forward contracts Accounts payable and accrued — 1,052
Schedule of Pretax Amounts Reclassified from Accumulated Other Comprehensive Loss	The following table presents the pretax amounts reclassified from accumulated other comprehensive loss into our condensed consolidated statements of operations: Accumulated Condensed Consolidated Three Months Ended Six Months Ended Other Comprehensive Statement of Operations June 30, June 30, Loss Component Line Item 2022 2021 2022 2021 (in thousands) Foreign exchange forward Cost of sales $ ( 498 ) $ ( 1,035 ) $ ( 1,138 ) $ ( 3,037 )

Restructuring Charges, Net (Tab

Restructuring Charges, Net (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Charges, Net	The following is a summary of our restructuring charges, net for the periods presented: Three Months Ended June 30, 2022 U.S. Asia Mexico Total (in thousands) Severance $ 56 $ 484 $ ( 811 ) $ ( 271 ) Other restructuring costs 97 184 — 281 Total restructuring charges, net $ 153 $ 668 $ ( 811 ) $ 10 Six Months Ended June 30, 2022 U.S. Asia Mexico Total (in thousands) Severance $ 100 $ 2,037 $ ( 545 ) $ 1,592 Other restructuring costs 244 567 — 811 Total restructuring charges, net $ 344 $ 2,604 $ ( 545 ) $ 2,403
Summary of Restructuring Liability	The following is a summary of our restructuring liability activity for the periods presented: U.S. Asia Mexico Total (in thousands) Balance at December 31, 2021 $ 2,638 $ 8,145 $ 2,161 $ 12,944 Restructuring charges, net 191 1,936 266 2,393 Payments ( 1,920 ) ( 4,675 ) ( 415 ) ( 7,010 ) Balance at March 31, 2022 909 5,406 2,012 8,327 Restructuring charges, net 153 668 ( 811 ) 10 Payments ( 675 ) ( 3,282 ) ( 295 ) ( 4,252 ) Balance at June 30, 2022 $ 387 $ 2,792 $ 906 $ 4,085

Net Income (Loss) Per Common _2

Net Income (Loss) Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income (Loss) per Common Share	The following table sets forth the computation of basic and diluted net income (loss) per common share: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands, except per share data) Numerator: Net loss $ ( 5,510 ) $ ( 39,797 ) $ ( 21,310 ) $ ( 41,594 ) Preferred stock dividends and accretion ( 14,550 ) — ( 28,682 ) — Net loss attributable to common stockholders $ ( 20,060 ) $ ( 39,797 ) $ ( 49,992 ) $ ( 41,594 ) Denominator: Basic weighted-average shares outstanding 41,968 36,881 41,934 36,742 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 41,968 36,881 41,934 36,742 Basic net income (loss) per common share $ ( 0.48 ) $ ( 1.08 ) $ ( 1.19 ) $ ( 1.13 ) Diluted net income (loss) per common share $ ( 0.48 ) $ ( 1.08 ) $ ( 1.19 ) $ ( 1.13 ) Potentially dilutive shares excluded from the calculation 490 1,607 477 1,864 Anti-dilutive share-based compensation awards 250 — 339 —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following tables presents the changes in accumulated other comprehensive loss (AOCL) by component: Six Months Ended June 30, 2022 Foreign Foreign currency exchange translation Interest rate forward Total adjustments swap contracts AOCL (in thousands) Balance at December 31, 2021 $ ( 48,530 ) $ — $ ( 5,476 ) $ ( 54,006 ) Other comprehensive income (loss) before reclassifications 43,369 — 3,345 46,714 Amounts reclassified from AOCL — — ( 640 ) ( 640 ) Net tax effect — — — — Net current period other comprehensive income (loss) 43,369 — 2,705 46,074 Balance at March 31, 2022 ( 5,161 ) — ( 2,771 ) ( 7,932 ) Other comprehensive income (loss) before reclassifications ( 7,346 ) — ( 1,189 ) ( 8,535 ) Amounts reclassified from AOCL — — ( 498 ) ( 498 ) Net tax effect — — — — Net current period other comprehensive income (loss) ( 7,346 ) — ( 1,687 ) ( 9,033 ) Balance at June 30, 2022 $ ( 12,507 ) $ — $ ( 4,458 ) $ ( 16,965 ) Six Months Ended June 30, 2021 Foreign Foreign currency exchange translation Interest rate forward Total adjustments swap contracts AOCL (in thousands) Balance at December 31, 2020 $ ( 30,111 ) $ ( 3,443 ) $ 564 $ ( 32,990 ) Other comprehensive income (loss) before reclassifications ( 5,291 ) 597 ( 2,281 ) ( 6,975 ) Amounts reclassified from AOCL — — ( 2,002 ) ( 2,002 ) Net tax effect — ( 139 ) 790 651 Net current period other comprehensive income (loss) ( 5,291 ) 458 ( 3,493 ) ( 8,326 ) Balance at March 31, 2021 ( 35,402 ) ( 2,985 ) ( 2,929 ) ( 41,316 ) Other comprehensive income (loss) before reclassifications ( 4 ) 452 259 707 Amounts reclassified from AOCL — — ( 1,035 ) ( 1,035 ) Net tax effect — ( 105 ) 190 85 Net current period other comprehensive income (loss) ( 4 ) 347 ( 586 ) ( 243 ) Balance at June 30, 2021 $ ( 35,406 ) $ ( 2,638 ) $ ( 3,515 ) $ ( 41,559 )

Concentration of Customers (Tab

Concentration of Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Schedule of Revenues from Customers	Net sales from certain customers (in thousands) in excess of 10 percent of our total consolidated net sales are as follows: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Customer Net sales % of T otal Net sales % of T otal Net sales % of T otal Net sales % of T otal Vestas $ 206,967 45.8 % $ 208,787 45.5 % $ 371,933 44.4 % $ 378,005 43.8 % Nordex 121,159 26.8 % 81,505 17.8 % 238,452 28.5 158,048 18.3 GE 82,084 18.1 % 105,937 23.1 % 139,704 16.7 210,789 24.4
Schedule of Trade Accounts Receivable from Certain Customers	Trade accounts receivable from certain customers in excess of 10 percent of our total consolidated trade accounts receivable are as follows: June 30, December 31, 2022 2021 Customer % of Total % of Total Nordex 53.4 % 61.5 % Vestas 18.7 10.7 Enercon 12.7 14.7

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables set forth certain information regarding each of our segments: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 (in thousands) Net sales by segment: U.S. $ 20,657 $ 59,449 $ 42,214 $ 110,442 Asia 59,865 91,106 101,211 168,034 Mexico 191,985 140,482 322,381 257,234 EMEA 129,610 105,350 279,295 217,716 India 50,251 62,454 92,137 110,095 Total net sales $ 452,368 $ 458,841 $ 837,238 $ 863,521 Net sales by geographic location (1) : U.S. $ 20,657 $ 59,449 $ 42,214 $ 110,442 China 59,865 91,106 101,211 168,034 Mexico 191,985 140,482 322,381 257,234 Turkey 129,610 105,350 279,295 217,716 India 50,251 62,454 92,137 110,095 Total net sales $ 452,368 $ 458,841 $ 837,238 $ 863,521 Income (loss) from operations: U.S. (2) $ ( 16,643 ) $ 2,836 $ ( 23,177 ) $ ( 7,077 ) Asia ( 156 ) 8,105 ( 6,265 ) 10,814 Mexico ( 14,268 ) ( 27,944 ) ( 37,972 ) ( 33,675 ) EMEA 20,102 10,782 43,719 20,570 India 2,927 4,188 2,818 4,128 Total loss from operations $ ( 8,038 ) $ ( 2,033 ) $ ( 20,877 ) $ ( 5,240 ) June 30, December 31, 2022 2021 (in thousands) Property, plant and equipment, net: U.S. $ 23,450 $ 25,522 Asia (China) 22,898 26,965 Mexico 63,741 71,208 EMEA (Turkey) 25,974 14,413 India 31,035 31,470 Total property, plant and equipment, net $ 167,098 $ 169,578 (1) Net sales are attributable to countries based on the location where the product is manufactured or the services are performed. (2) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 6.6 million and $ 14.5 million for the three and six months ended June 30, 2022 , respectively, and $ 6.7 million and $ 15.6 million, respectively, in the comparative prior year periods.

Significant Accounting Polici_2

Significant Accounting Policies (Additional Information) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Accounting Policies [Abstract]
Non monetary assets and liabilities amount	$ 44.9

Revenue From Contracts with C_3

Revenue From Contracts with Customers - Summary of Disaggregation of Net Sales Revenue by Product for Each of Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation Of Revenue [Line Items]
Net sales	$ 452,368	$ 458,841	$ 837,238	$ 863,521
U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	20,657	59,449	42,214	110,442
Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	59,865	91,106	101,211	168,034
Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	191,985	140,482	322,381	257,234
EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	129,610	105,350	279,295	217,716
India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	50,251	62,454	92,137	110,095
Wind Blades [Member]
Disaggregation Of Revenue [Line Items]
Net sales	414,036	418,704	768,617	797,883
Wind Blades [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	39,427	0	79,054
Wind Blades [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	56,232	82,491	92,631	154,994
Wind Blades [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	181,273	131,188	310,879	239,630
Wind Blades [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	126,438	103,201	273,287	214,228
Wind Blades [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	50,093	62,397	91,820	109,977
Precision Molding and Assembly Systems [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,834	13,603	6,840	22,530
Precision Molding and Assembly Systems [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Precision Molding and Assembly Systems [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,607	7,634	6,466	11,598
Precision Molding and Assembly Systems [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	227	5,969	374	10,932
Precision Molding and Assembly Systems [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0
Precision Molding and Assembly Systems [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0
Transportation [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,660	14,915	23,517	23,046
Transportation [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,660	14,915	23,517	23,046
Transportation [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Transportation [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Transportation [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Transportation [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Field Services Inspection and Repair Services [Member]
Disaggregation Of Revenue [Line Items]
Net sales	15,036	8,286	24,886	12,601
Field Services Inspection and Repair Services [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	9,930	5,071	18,531	8,065
Field Services Inspection and Repair Services [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	812	981	1,780	1,289
Field Services Inspection and Repair Services [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	3,015	962	3,015	962
Field Services Inspection and Repair Services [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,277	1,272	1,558	2,285
Field Services Inspection and Repair Services [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2	0	2	0
Other [Member]
Disaggregation Of Revenue [Line Items]
Net sales	9,802	3,333	13,378	7,461
Other [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	67	36	166	277
Other [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	214	0	334	153
Other [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	7,470	2,363	8,113	5,710
Other [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,895	877	4,450	1,203
Other [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 156	$ 57	$ 315	$ 118

Revenue From Contracts with C_4

Revenue From Contracts with Customers - Summary of Contract Assets (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Gross contract assets	$ 194,319	$ 196,659
Less: reclassification from contract liabilities	(752)	(8,336)
Contract assets	193,567	$ 188,323
Gross contract assets, Change	(2,340)
Less: reclassification from contract liabilities, Change	7,584
Contract assets, Change	$ 5,244

Revenue From Contracts with C_5

Revenue From Contracts with Customers - Summary of Contract Liabilities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Gross contract liabilities	$ 2,026	$ 9,610
Less: reclassification to contract assets	(752)	(8,336)
Contract liabilities	1,274	$ 1,274
Gross contract liabilities, Change	(7,584)
Less: reclassification to contract assets, Change	7,584
Contract liabilities, Change	$ 0

Revenue From Contracts with C_6

Revenue From Contracts with Customers - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contracts with Customers [Line Items]
Increase in contract assets			$ 5,244
Transaction price allocated to remaining performance obligations to be satisfied in future periods	$ 2,240,063		2,240,063
Net revenue recognized from performance obligations satisfied in previous periods, decrease amount	(4,000)	$ (4,000)	(10,600)	$ (12,500)
Precision Molding And Assembly Systems And Wind Blades [Member]
Revenue from Contracts with Customers [Line Items]
Contract liability revenue recognized	$ 1,300		$ 1,300

Revenue From Contracts with C_7

Revenue From Contracts with Customers - Schedule of Estimate to Recognize Remaining Performance Obligations as Revenue (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 2,240,063
% of Total remaining performance obligations	100%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 813,599
% of Total remaining performance obligations	36.30%
Remaining performance obligations, expected timing of satisfaction period	3 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 1,213,634
% of Total remaining performance obligations	54.20%
Remaining performance obligations, expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 212,830
% of Total remaining performance obligations	9.50%
Remaining performance obligations, expected timing of satisfaction period	1 year

Revenue From Contracts with C_8

Revenue From Contracts with Customers - Schedule of Estimate to Recognize Remaining Performance Obligations as Revenue (Detail1) $ in Thousands	Jun. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	$ 2,240,063
% of Total remaining performance obligations	100%

Significant Risks and Uncerta_2

Significant Risks and Uncertainties - Additional Information (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Cash in short-term deposits in interest bearing accounts	$ 8,652,000	$ 10,053,000
U.S. [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	95,200,000	165,400,000
Cash in short-term deposits in interest bearing accounts	8,700,000	10,100,000
U.S. [Member] | Maximum [Member]
Concentration Risk [Line Items]
Cash deposit insured amount	250,000	250,000
China [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	12,500,000	25,900,000
Turkey [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	39,300,000	42,600,000
Mexico [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	2,400,000	2,100,000
India [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	4,900,000	5,700,000
Other Countries [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	$ 700,000	$ 500,000

Accrued Warranty - Schedule of

Accrued Warranty - Schedule of Warranty Accrual Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Product Warranties Disclosures [Abstract]
Warranty accrual at beginning of period	$ 38,943	$ 45,956	$ 42,020	$ 50,852
Accrual during the period	3,626	5,400	6,692	10,247
Cost of warranty services provided during the period	(4,085)	(3,781)	(12,399)	(11,352)
Changes in estimate for pre-existing warranties, including expirations during the period	(2,906)	(113)	(735)	(2,285)
Warranty accrual at end of period	$ 35,578	$ 47,462	$ 35,578	$ 47,462

Long-Term Debt, Net of Curren_3

Long-Term Debt, Net of Current Maturities - Schedule of Long-Term Debt, Net of Current Maturities (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total long-term debt	$ 62,306	$ 74,646
Less: Current maturities of long-term debt	(60,618)	(66,438)
Long-term Debt and Lease Obligation, Total	1,688	8,208
Unsecured Financing [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	41,286	48,444
Secured And Unsecured Working Capital Loans [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	10,285	10,269
Unsecured Term Loan [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	6,214	8,109
Equipment Finance Lease [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	909	1,884
Equipment Finance Lease [Member] | Mexico [Member]
Debt Instrument [Line Items]
Total long-term debt	3,557	5,821
Other Equipment Finance Lease [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 55	$ 119

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options issued to employees	45,510
Timed-Based Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	867,131
Timed-Based Restricted Stock Units [Member] | First anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	210,053
Vesting percentage	25%
Timed-Based Restricted Stock Units [Member] | Second anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	25%
Timed-Based Restricted Stock Units [Member] | Third anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	167,507
Vesting percentage	25%
Timed-Based Restricted Stock Units [Member] | Fourth anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	25%
Timed-Based Restricted Stock Units [Member] | First And Second Anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	413,467
Vesting percentage	50%
Timed-Based Restricted Stock Units One [Member] | First anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	76,104
Vesting percentage	100%
Performance-Based Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	37,065
Performance-Based Restricted Stock Units [Member] | Certain Stock Price Hurdles [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	111,193
Performance-Based Restricted Stock Units [Member] | Certain strategic targets [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	49,781

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Schedule of Share-based Compensation Expense Recognized in Condensed Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 3,748	$ 2,925	$ 7,057	$ 5,324
Cost of Goods Sold [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	965	1,129	1,854	1,332
General and Administrative Expenses [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,783	$ 1,796	$ 5,203	$ 3,992

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 3,748	$ 2,925	$ 7,057	$ 5,324
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	2,911	1,772	5,730	3,027
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	165	573	329	1,191
Performance-based Restricted Stock Units (PSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 672	$ 580	$ 998	$ 1,106

Leases - Additional Information

Leases - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 USD ($)
Lessee Lease Description [Line Items]
Lessee, operating lease, option to extend	include options to extend the leases up to five years
Lessee, operating lease, existence of option to extend [true false]	true
Lessee, finance lease, existence of option to extend [true false]	true
Lessee, leases not yet commenced, description	As of June 30, 2022, there were no material additional leases related to our manufacturing facilities, warehouses, offices, automobiles or our machinery and equipment which have not yet commenced.
Lessee, leases not yet commenced, lease liability	$ 0
Minimum [Member]
Lessee Lease Description [Line Items]
Operating and Finance leases, remaining lease terms	1 year
Maximum [Member]
Lessee Lease Description [Line Items]
Operating and Finance leases, remaining lease terms	15 years
Lessee, lease options to extend lease term	5 years

Leases - Components of Lease Co

Leases - Components of Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Total operating lease cost	$ 10,596	$ 9,645	$ 21,812	$ 19,361
Finance lease cost
Amortization of assets under finance leases	869	906	1,906	1,806
Interest on finance leases	82	169	192	358
Total finance lease cost	$ 951	$ 1,075	$ 2,098	$ 2,164

Leases - Schedule of Lease Asse

Leases - Schedule of Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right of use assets	$ 154,629	$ 137,192
Current operating lease liabilities	22,066	22,681
Noncurrent operating lease liabilities	141,642	146,479
Total operating lease liabilities	163,708	169,160
Property, plant and equipment, gross	36,106	26,405
Less: accumulated depreciation	(21,537)	(13,782)
Total property, plant and equipment, net	14,569	12,623
Current maturities of long-term debt	$ 2,833	$ 5,435
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation, Current	Long-Term Debt and Lease Obligation, Current
Long-term debt, net of debt issuance costs and current maturities	$ 1,688	$ 2,389
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation	Long-Term Debt and Lease Obligation
Total finance lease liabilities	$ 4,521	$ 7,824

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Noncancelable Leases (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Operating Leases Abstract
Remainder of 2022	$ 17,237
2023	32,392
2024	29,594
2025	29,140
2026	28,176
Thereafter	80,835
Total future minimum lease payments	217,374
Less: interest	(53,666)
Total lease liabilities	163,708	$ 169,160
Finance Leases Abstract
Remainder of 2022	2,358
2023	1,325
2024	711
2025	379
2026	7
Thereafter	0
Total future minimum lease payments	4,780
Less: interest	(259)
Total lease liabilities	$ 4,521	$ 7,824

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 20,169	$ 18,297
Operating cash flows from finance leases	192	358
Financing cash flows from finance leases	$ 2,772	$ 2,803

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail)	Jun. 30, 2022	Dec. 31, 2021
Weighted-Average Remaining Lease Term (In Years):
Operating leases	6 years 9 months 18 days	7 years
Finance leases	1 year 9 months 18 days	1 year 10 months 24 days
Weighted-Average Discount Rate:
Operating leases	8.10%	8%
Finance leases	5.50%	5.80%

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) $ in Millions, $ in Billions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 MXN ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 MXN ($)
Foreign Exchange Forward Contracts [Member] | Contracts to Hedge in Chinese Renminbi [Member] | Foreign Currency Loss [Member]
Derivative [Line Items]
Gain on hedge recorded to statement of operations	$ 0	$ 0.5	$ 0.1	$ 0.6
Foreign Exchange Call Option [Member] | Contracts to Hedge in Mexican Pesos [Member]
Derivative [Line Items]
Premium amortization	0.3	0.7	0.9	1.4
Foreign Exchange Call Option [Member] | Contracts to Hedge in India Rupee [Member] | Foreign Currency Loss [Member]
Derivative [Line Items]
Premium amortization	0.4	0.3	1	0.3
Gain on hedge recorded to statement of operations	0.1	$ 0.5	0.2	$ 1.2
Cash Flow Hedging [Member] | Foreign Exchange Call Option [Member] | Contracts to Hedge in Mexican Pesos [Member]
Derivative [Line Items]
Derivative notional amount	$ 31.9		$ 31.9		$ 0.7	$ 20.2	$ 0.4

Financial Instruments - Fair Va

Financial Instruments - Fair Values and Location of Financial Instruments (Detail) - Foreign Exchange Forward Contracts [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Other Current Assets [Member]
Derivatives Fair Value [Line Items]
Derivative assets, fair value	$ 2,004	$ 1,580
Accounts Payable and Accrued Expenses [Member]
Derivatives Fair Value [Line Items]
Derivative liability, fair value	$ 0	$ 1,052

Financial Instruments - Schedul

Financial Instruments - Schedule of Pretax Amounts Reclassified From Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 441,098	$ 440,416	$ 812,052	$ 823,472
Foreign Exchange Forward Contracts [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ (498)	$ (1,035)	$ (1,138)	$ (3,037)

Restructuring Charges, Net - Sc

Restructuring Charges, Net - Schedule of Restructuring Charges, Net (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Severance	$ (271)			$ 1,592
Other restructuring costs	281			811
Total restructuring charges, net	10	$ 2,393	$ 2,196	2,403	$ 2,454
U.S. [Member]
Restructuring Cost and Reserve [Line Items]
Severance	56			100
Other restructuring costs	97			244
Total restructuring charges, net	153	191		344
Asia [Member]
Restructuring Cost and Reserve [Line Items]
Severance	484			2,037
Other restructuring costs	184			567
Total restructuring charges, net	668	1,936	$ 2,200	2,604	$ 2,500
Mexico [Member]
Restructuring Cost and Reserve [Line Items]
Severance	(811)			(545)
Other restructuring costs	0			0
Total restructuring charges, net	$ (811)	$ 266		$ (545)

Restructuring Charges, Net - Ad

Restructuring Charges, Net - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 10	$ 2,393	$ 2,196	$ 2,403	$ 2,454
Asia [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 668	$ 1,936	$ 2,200	$ 2,604	$ 2,500

Restructuring Charges, Net - Su

Restructuring Charges, Net - Summary of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	$ 8,327	$ 12,944		$ 12,944
Restructuring charges, net	10	2,393	$ 2,196	2,403	$ 2,454
Payments	(4,252)	(7,010)
Restructuring Reserve, Ending Balance	4,085	8,327		4,085
U.S. [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	909	2,638		2,638
Restructuring charges, net	153	191		344
Payments	(675)	(1,920)
Restructuring Reserve, Ending Balance	387	909		387
Asia [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	5,406	8,145		8,145
Restructuring charges, net	668	1,936	$ 2,200	2,604	$ 2,500
Payments	(3,282)	(4,675)
Restructuring Reserve, Ending Balance	2,792	5,406		2,792
Mexico [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	2,012	2,161		2,161
Restructuring charges, net	(811)	266		(545)
Payments	(295)	(415)
Restructuring Reserve, Ending Balance	$ 906	$ 2,012		$ 906

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Tax Credit Carryforward [Line Items]
Income tax benefit (provision)	$ 6,754	$ 28,890	$ 9,698	$ 21,788

Net Income (Loss) Per Common _3

Net Income (Loss) Per Common Share - Additional Information - (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic weighted-average shares outstanding	41,968,000	36,881,000	41,934,000	36,742,000
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.01		$ 0.01
Basic weighted-average shares outstanding			4,666,667

Net Income (Loss) Per Common _4

Net Income (Loss) Per Common Share - Computation of Basic and Diluted Net Income (Loss) per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net loss	$ (5,510)	$ (15,800)	$ (39,797)	$ (1,797)	$ (21,310)	$ (41,594)
Preferred stock dividends and accretion	(14,550)		0		(28,682)	0
Net loss attributable to common stockholders	$ (20,060)		$ (39,797)		$ (49,992)	$ (41,594)
Basic weighted-average shares outstanding	41,968		36,881		41,934	36,742
Effect of dilutive awards	0		0		0	0
Diluted weighted-average shares outstanding	41,968		36,881		41,934	36,742
Basic net income (loss) per common share	$ (0.48)		$ (1.08)		$ (1.19)	$ (1.13)
Diluted net income (loss) per common share	$ (0.48)		$ (1.08)		$ (1.19)	$ (1.13)
Potentially dilutive shares excluded from the calculation due to net losses in the period	490		1,607		477	1,864
Anti dilutive share-based compensation awards that would be excluded from the calculation if income was reported in the period	250		0		339	0

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	$ 141,031	$ 121,952	$ 194,608	$ 201,035
Net current period other comprehensive income (loss)	(9,033)	46,074	(243)	(8,326)
Ending balance	115,620	141,031	160,897	194,608
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(5,161)	(48,530)	(35,402)	(30,111)
Other comprehensive income (loss) before reclassifications	(7,346)	43,369	(4)	(5,291)
Amounts reclassified from AOCL	0	0	0	0
Net tax effect	0	0	0	0
Net current period other comprehensive income (loss)	(7,346)	43,369	(4)	(5,291)
Ending balance	(12,507)	(5,161)	(35,406)	(35,402)
Interest Rate Swap [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	0	0	(2,985)	(3,443)
Other comprehensive income (loss) before reclassifications	0	0	452	597
Amounts reclassified from AOCL	0	0	0	0
Net tax effect	0	0	(105)	(139)
Net current period other comprehensive income (loss)	0	0	347	458
Ending balance	0	0	(2,638)	(2,985)
Foreign Exchange Forward Contract [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(2,771)	(5,476)	(2,929)	564
Other comprehensive income (loss) before reclassifications	(1,189)	3,345	259	(2,281)
Amounts reclassified from AOCL	(498)	(640)	(1,035)	(2,002)
Net tax effect	0	0	190	790
Net current period other comprehensive income (loss)	(1,687)	2,705	(586)	(3,493)
Ending balance	(4,458)	(2,771)	(3,515)	(2,929)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(7,932)	(54,006)	(41,316)	(32,990)
Other comprehensive income (loss) before reclassifications	(8,535)	46,714	707	(6,975)
Amounts reclassified from AOCL	(498)	(640)	(1,035)	(2,002)
Net tax effect	0	0	85	651
Net current period other comprehensive income (loss)	(9,033)	46,074	(243)	(8,326)
Ending balance	$ (16,965)	$ (7,932)	$ (41,559)	$ (41,316)

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions	1 Months Ended
	Jan. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Complaint Asserts Voidance	$ 13.3

Concentration of Customers - Ad

Concentration of Customers - Additional Information (Detail) - Customer Concentration Risk [Member] - Minimum [Member]	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Sales Revenues [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	10%	10%	10%	10%
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			10%		10%

Concentration of Customers - Sc

Concentration of Customers - Schedule of Revenues from Certain Customers (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Concentration Risk [Line Items]
Net sales	$ 452,368	$ 458,841	$ 837,238	$ 863,521
Sales Revenues [Member] | Vestas [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 206,967	$ 208,787	$ 371,933	$ 378,005
Percentage of Total	45.80%	45.50%	44.40%	43.80%
Sales Revenues [Member] | GE [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 82,084	$ 105,937	$ 139,704	$ 210,789
Percentage of Total	18.10%	23.10%	16.70%	24.40%
Sales Revenues [Member] | Nordex [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 121,159	$ 81,505	$ 238,452	$ 158,048
Percentage of Total	26.80%	17.80%	28.50%	18.30%

Concentration of Customers - _2

Concentration of Customers - Schedule of Trade Accounts Receivable from Certain Customers (Detail) - Accounts Receivable [Member] - Customer Concentration Risk [Member]	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Vestas [Member]
Concentration Risk [Line Items]
Percentage of Total	18.70%	10.70%
Nordex [Member]
Concentration Risk [Line Items]
Percentage of Total	53.40%	61.50%
Enercon [Member]
Concentration Risk [Line Items]
Percentage of Total	12.70%	14.70%

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 Segment
Segment Reporting [Abstract]
Number of operating segments	5

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net sales	$ 452,368	$ 458,841	$ 837,238	$ 863,521
Total loss from operations	(8,038)	(2,033)	(20,877)	(5,240)
Total property, plant and equipment, net	167,098		167,098		$ 169,578
U.S. [Member]
Segment Reporting Information [Line Items]
Net sales	20,657	59,449	42,214	110,442
China [Member]
Segment Reporting Information [Line Items]
Net sales	59,865	91,106	101,211	168,034
Mexico [Member]
Segment Reporting Information [Line Items]
Net sales	191,985	140,482	322,381	257,234
Turkey [Member]
Segment Reporting Information [Line Items]
Net sales	129,610	105,350	279,295	217,716
India [Member]
Segment Reporting Information [Line Items]
Net sales	50,251	62,454	92,137	110,095
U.S. Segment [Member]
Segment Reporting Information [Line Items]
Net sales	20,657	59,449	42,214	110,442
Total loss from operations	(16,643)	2,836	(23,177)	(7,077)
Total property, plant and equipment, net	23,450		23,450		25,522
Asia Segment [Member]
Segment Reporting Information [Line Items]
Net sales	59,865	91,106	101,211	168,034
Total loss from operations	(156)	8,105	(6,265)	10,814
Total property, plant and equipment, net	22,898		22,898		26,965
Mexico Segment [Member]
Segment Reporting Information [Line Items]
Net sales	191,985	140,482	322,381	257,234
Total loss from operations	(14,268)	(27,944)	(37,972)	(33,675)
Total property, plant and equipment, net	63,741		63,741		71,208
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Net sales	129,610	105,350	279,295	217,716
Total loss from operations	20,102	10,782	43,719	20,570
Total property, plant and equipment, net	25,974		25,974		14,413
India Segment [Member]
Segment Reporting Information [Line Items]
Net sales	50,251	62,454	92,137	110,095
Total loss from operations	2,927	$ 4,188	2,818	$ 4,128
Total property, plant and equipment, net	$ 31,035		$ 31,035		$ 31,470

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
General and administrative costs	$ 6,688	$ 6,712	$ 14,548	$ 15,634
U.S. Segment [Member]
Segment Reporting Information [Line Items]
General and administrative costs	$ 6,600	$ 6,700	$ 14,500	$ 15,600