TPI Composites (TPIC) 10-Q 3 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Oct. 31, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
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		41,951,186
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	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 129,137	$ 242,165
Restricted cash	9,822	10,053
Accounts receivable	184,029	157,804
Contract assets	211,726	188,323
Prepaid expenses	21,230	19,280
Other current assets	27,140	22,584
Inventories	15,110	11,533
Assets held for sale	8,529	8,529
Total current assets	606,723	660,271
Property, plant and equipment, net	157,391	169,578
Operating lease right of use assets	147,081	137,192
Other noncurrent assets	39,171	40,660
Total assets	950,366	1,007,701
Current liabilities:
Accounts payable and accrued expenses	308,915	336,697
Accrued warranty	20,212	42,020
Current maturities of long-term debt	60,894	66,438
Current operating lease liabilities	21,372	22,681
Contract liabilities	0	1,274
Total current liabilities	411,393	469,110
Long-term debt, net of current maturities	1,227	8,208
Noncurrent operating lease liabilities	133,098	146,479
Other noncurrent liabilities	15,739	10,978
Total liabilities	561,457	634,775
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common shares, $0.01 par value, 100,000 shares authorized, 42,221 shares issued and 41,951 shares outstanding at September 30, 2022 and 100,000 shares authorized, 37,418 shares issued and 37,180 shares outstanding at December 31, 2021	422	374
Paid-in capital	418,513	451,440
Accumulated other comprehensive loss	(25,637)	(54,006)
Accumulated deficit	(292,041)	(269,264)
Treasury stock, at cost, 270 shares at September 30, 2022 and 238 shares at December 31, 2021	(6,980)	(6,592)
Total stockholders’ equity	94,277	121,952
Total liabilities and stockholders’ equity	950,366	1,007,701
Series A Preferred Stock [Member]
Mezzanine equity [Abstract]
Series A Preferred Stock, $0.01 par value, 400 shares authorized; 350 shares issued and outstanding at September 30, 2022 and December 31, 2021; liquidation preference of $474,637 at September 30, 2022 and $473,227 at December 31, 2021	$ 294,632	$ 250,974

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 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	$ 474,637,000	$ 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	42,221,000	37,418,000
Common stock, shares outstanding	41,951,000	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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Net sales	$ 459,271	$ 479,599	$ 1,296,509	$ 1,343,120
Cost of sales	445,778	472,188	1,257,830	1,295,660
Startup and transition costs	4,821	14,541	30,411	38,994
Total cost of goods sold	450,599	486,729	1,288,241	1,334,654
Gross profit	8,672	(7,130)	8,268	8,466
General and administrative expenses	8,030	8,185	22,578	23,819
Loss on sale of assets and asset impairments	3,571	7,250	7,093	9,998
Restructuring charges, net	(87)	1,422	2,316	3,876
Loss from operations	(2,842)	(23,987)	(23,719)	(29,227)
Other income (expense):
Interest expense, net	(1,149)	(2,662)	(2,831)	(8,057)
Foreign currency income (loss)	11,362	3,958	21,458	(6,273)
Miscellaneous income	1,273	262	2,124	1,322
Total other income (expense)	11,486	1,558	20,751	(13,008)
Income (loss) before income taxes	8,644	(22,429)	(2,968)	(42,235)
Income tax provision	(10,111)	(8,248)	(19,809)	(30,036)
Net loss	(1,467)	(30,677)	(22,777)	(72,271)
Preferred stock dividends and accretion	(14,976)	0	(43,658)	0
Net Loss Available to Common Stockholders	$ (16,443)	$ (30,677)	$ (66,435)	$ (72,271)
Weighted-average common shares outstanding:
Basic	41,984	37,052	41,950	36,846
Diluted	41,984	37,052	41,950	36,846
Net loss per common share:
Basic	$ (0.39)	$ (0.83)	$ (1.58)	$ (1.96)
Diluted	$ (0.39)	$ (0.83)	$ (1.58)	$ (1.96)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,467)	$ (30,677)	$ (22,777)	$ (72,271)
Other comprehensive income (loss):
Foreign currency translation adjustments	(7,903)	(889)	28,120	(6,184)
Unrealized gain (loss) on hedging derivatives, net of taxes of $[0] and $(394), $[0] and $342 respectively	(769)	(728)	249	(4,002)
Comprehensive income (loss)	(10,139)	(32,294)	5,592	(82,457)
Preferred stock dividends and accretion	(14,976)	0	(43,658)	0
Comprehensive loss attributable to common stockholders	$ (25,115)	$ (32,294)	$ (38,066)	$ (82,457)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Tax on hedging derivatives	$ 0	$ (394)	$ 0	$ 342

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	(72,271)
Ending balance at Sep. 30, 2021	131,064		$ 373	361,987	(43,176)	(181,987)	(6,133)
Ending balance, shares at Sep. 30, 2021			37,279,000
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
Net loss	(30,677)					(30,677)
Share-based compensation expense	1,946			1,946
Issuances under share-based compensation plan	515		$ 1	514
Issuances under share-based compensation plan, shares			31,000
Other comprehensive income (loss)	(1,617)				(1,617)
Ending balance at Sep. 30, 2021	131,064		$ 373	361,987	(43,176)	(181,987)	(6,133)
Ending balance, shares at Sep. 30, 2021			37,279,000
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	(22,777)
Ending Balance at Sep. 30, 2022		$ 294,632
Ending balance at Sep. 30, 2022	94,277		$ 422	418,513	(25,637)	(292,041)	(6,980)
Ending balance, shares at Sep. 30, 2022		350,000	42,221,000
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
Temporary Equity, Accretion to Redemption Value	(4,575)	(4,575)		(4,575)
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)
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
Temporary Equity, Accretion to Redemption Value	(4,615)	$ (4,615)		(4,615)
Net loss	(1,467)					(1,467)
Preferred stock dividends	(10,361)	(10,361)		(10,361)
Share-based compensation expense	3,726			3,726
Issuance of common stock from the exercise of warrants	46		$ 46
Issuance of common stock from the exercise of warrants, shares			4,664,000
Other comprehensive income (loss)	(8,672)				(8,672)
Ending Balance at Sep. 30, 2022		$ 294,632
Ending balance at Sep. 30, 2022	$ 94,277		$ 422	$ 418,513	$ (25,637)	$ (292,041)	$ (6,980)
Ending balance, shares at Sep. 30, 2022		350,000	42,221,000

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net loss	$ (22,777)	$ (72,271)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	34,175	37,399
Loss on sale of assets and asset impairments	7,093	9,998
Share-based compensation expense	10,781	7,267
Amortization of debt issuance costs		342
Deferred income taxes	5,747	17,201
Changes in assets and liabilities:
Accounts receivable	(36,880)	(51,617)
Contract assets and liabilities	(26,623)	(31,715)
Operating lease right of use assets and operating lease liabilities	(2,581)	2,690
Inventories	(3,838)	(560)
Prepaid expenses	212	6,288
Other current assets	(4,402)	5,007
Other noncurrent assets	2,227	(1,857)
Accounts payable and accrued expenses	(27,071)	52,869
Accrued warranty	(21,808)	(8,373)
Other noncurrent liabilities	650	(909)
Net cash used in operating activities	(85,095)	(28,241)
Cash flows from investing activities:
Purchases of property, plant and equipment	(11,492)	(30,138)
Net cash used in investing activities	(11,492)	(30,138)
Cash flows from financing activities:
Proceeds from (repayments of) revolving and term loans	(8,109)	18,109
Proceeds from working capital loans	25,044	10,334
Repayments of working capital loans	(20,701)	0
Principal repayments of finance leases	(5,055)	(4,249)
Net proceeds from other debt	(3,704)	18,909
Proceeds from exercise of stock options	48	5,211
Repurchase of common stock including shares withheld in lieu of income taxes	(388)	(34)
Net cash provided by financing activities	(12,865)	48,280
Impact of foreign exchange rates on cash, cash equivalents and restricted cash	(3,807)	(939)
Net change in cash, cash equivalents and restricted cash	(113,259)	(11,038)
Cash, cash equivalents and restricted cash, beginning of year	252,218	130,196
Cash, cash equivalents and restricted cash, end of period	138,959	119,158
Supplemental cash flow information:
Cash paid for interest	3,406	7,818
Cash paid for income taxes, net of refunds	19,908	19,487
Noncash investing and financing activities:
Right of use assets obtained in exchange for new operating lease liabilities	11,628	9,190
Property, plant, and equipment obtained in exchange for new finance lease liabilities	0	1,817
Accrued capital expenditures in accounts payable	1,793	4,966
Paid-in-kind preferred stock dividends and accretion	43,658	0
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	138,959	119,158
Cash and cash equivalents	129,137	119,005
Restricted cash	9,822	153
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$ 138,959	$ 119,158

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 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 Türkiye 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 the 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 an 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 Türkiye by year 2023. During 2014-2017, wind energy generated and utilized in Türkiye 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 Türkiye. 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 Türkiye 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 Euros, (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 Türkiye 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	9 Months Ended
	Sep. 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 September 30, 2022, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and nine months ended September 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. The Company has not yet elected to apply allowed expedients and exceptions. We are currently evaluating the impact this guidance may have on our condensed consolidated financial statements and related disclosures. Supplier Finance Programs In September 2022, the FASB issued ASU 2022-04, Liabilities - Supplier Finance Programs (Subtopic 405-50), which requires the disclosure of the key terms of outstanding supplier finance programs and a roll forward of the related obligations. The new standard does not affect the recognition, measurement or financial statement presentation of supplier finance program obligations. The ASU becomes effective January 1, 2023, except for the roll forward requirement, which becomes effective January 1, 2024. Upon adoption, we may be required to include additional disclosures to the extent we have material supplier finance program obligations.

Revenue From Contracts with Cus

Revenue From Contracts with Customers	9 Months Ended
	Sep. 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 by product for each of our reportable segments: Three Months Ended September 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 73,625 $ 162,100 $ 123,434 $ 65,860 $ 425,019 Precision molding and — — 274 — — 274 Transportation sales 10,542 — — — — 10,542 Field service, inspection and 15,062 990 535 2,503 — 19,090 Other sales 1,152 217 1,459 1,411 107 4,346 Total net sales $ 26,756 $ 74,832 $ 164,368 $ 127,348 $ 65,967 $ 459,271 Three Months Ended September 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 35,154 $ 47,187 $ 191,499 $ 126,705 $ 50,180 $ 450,725 Precision molding and — 3,869 4,514 — — 8,383 Transportation sales 6,815 — — — — 6,815 Field service, inspection and 8,854 713 — 1,458 8 11,033 Other sales 73 100 1,125 1,281 64 2,643 Total net sales $ 50,896 $ 51,869 $ 197,138 $ 129,444 $ 50,252 $ 479,599 Nine Months Ended September 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 166,256 $ 472,979 $ 396,721 $ 157,680 $ 1,193,636 Precision molding and — 6,466 648 — — 7,114 Transportation sales 34,059 — — — — 34,059 Field service, inspection and 33,593 2,770 3,550 4,061 2 43,976 Other sales 1,318 551 9,572 5,861 422 17,724 Total net sales $ 68,970 $ 176,043 $ 486,749 $ 406,643 $ 158,104 $ 1,296,509 Nine Months Ended September 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 114,208 $ 202,181 $ 431,129 $ 340,933 $ 160,157 $ 1,248,608 Precision molding and — 15,467 15,446 — — 30,913 Transportation sales 29,861 — — — — 29,861 Field service, inspection and 16,919 2,002 962 3,743 8 23,634 Other sales 350 253 6,835 2,484 182 10,104 Total net sales $ 161,338 $ 219,903 $ 454,372 $ 347,160 $ 160,347 $ 1,343,120 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: September 30, December 31, 2022 2021 $ Change (in thousands) Gross contract assets $ 219,308 $ 196,659 $ 22,649 Less: reclassification from contract liabilities ( 7,582 ) ( 8,336 ) 754 Contract assets $ 211,726 $ 188,323 $ 23,403 September 30, December 31, 2022 2021 $ Change (in thousands) Gross contract liabilities $ 7,582 $ 9,610 $ ( 2,028 ) Less: reclassification to contract assets ( 7,582 ) ( 8,336 ) 754 Contract liabilities $ — $ 1,274 $ ( 1,274 ) Contract assets increased by $ 23.4 million from December 31, 2021 to September 30, 2022 due to an increase in unbilled production during the nine months ended September 30, 2022 . Contract liabilities, net of the amounts reclassed to contract assets decreased by $ 1.3 million from December 31, 2021 to September 30, 2022. For the three and nine months ended September 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 September 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 $ 304,490 13.9 % 2023 1,513,228 69.1 2024 292,208 13.3 2025 79,664 3.6 Total remaining performance obligations $ 2,189,590 100 % For the three months ended September 30, 2022 , net revenue recognized from our performance obligations satisfied in previous periods increased by $ 0.3 million. For the nine months ended September 30, 2022 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 10.3 million. For the three and nine months ended September 30, 2021 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 7.3 million and $ 19.8 million, respectively. The increase for the three months ended September 30, 2022 and decrease for the nine months ended September 30, 2022 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	9 Months Ended
	Sep. 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 . Our customers and wind farm developers continue to defer investments into the future until inflationary pressures and global economies stabilize and there is clearer regulatory guidance from the Internal Revenue Service and United States Treasury Department with respect to the recently enacted, Inflation Reduction Act of 2022 (IRA), as well as the actions proposed by the European Union under the REPowerEU plan. As such, we expect decreased demand for our wind blades from our customers and our total projected sales in 2023 to decline compared to 2022. In 2023, we expect to be operating fewer manufacturing lines and for our operational manufacturing lines to be at lower utilization levels. 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. We expect the prices of resin, carbon fiber and other raw materials to remain elevated in the near term. We also expect logistics costs to remain elevated. If the prices for these raw materials and logistics costs remain elevated for an extended period of time, such elevated price levels could have a material impact on our results of operations. As part of our global footprint optimization, we are planning several actions before year end to right size our organization and better position us for 2023 and the long term, including reducing headcount primarily in geographies most impacted by demand and reducing or eliminating loss-making operations. These actions have not yet been initiated, but will require us to record restructuring and impairment related charges during the remainder of 2022 which will have a material impact on our 2022 full year results. 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 September 30, 2022 and December 31, 2021, we had $ 75.5 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 September 30, 2022, this included $ 42.3 million in China, $ 7.1 million in Türkiye, $ 2.0 million in India, $ 1.4 million in Mexico and $ 0.8 million in other countries. As of December 31, 2021, this included $ 25.9 million in China, $ 42.6 million in Türkiye, $ 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 September 30, 2022 and December 31, 2021, we had short-term deposits in interest bearing accounts in the U.S. of $ 9.8 million and $ 10.1 million, respectively, which are reported as restricted cash in our condensed consolidated balance sheets.

Accrued Warranty

Accrued Warranty	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Warranty accrual at beginning of period $ 35,578 $ 47,462 $ 42,020 $ 50,852 Accrual during the period 3,365 5,285 10,057 15,532 Cost of warranty services provided during the period ( 15,778 ) ( 9,826 ) ( 28,177 ) ( 21,178 ) Changes in estimate for pre-existing warranties, ( 2,953 ) ( 442 ) ( 3,688 ) ( 2,727 ) Warranty accrual at end of period $ 20,212 $ 42,479 $ 20,212 $ 42,479

Long-Term Debt, Net of Current

Long-Term Debt, Net of Current Maturities	9 Months Ended
	Sep. 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: September 30, December 31, 2022 2021 (in thousands) Unsecured financing—EMEA $ 44,654 $ 48,444 Secured and unsecured working capital loans—India 14,612 10,269 Unsecured term loan—India — 8,109 Equipment finance lease—Mexico 2,535 5,821 Equipment finance lease—EMEA 294 1,884 Other equipment finance leases 26 119 Total debt—principal 62,121 74,646 Less: Current maturities of long-term debt ( 60,894 ) ( 66,438 ) Long-term debt, net of current maturities $ 1,227 $ 8,208

Share-Based Compensation Plans

Share-Based Compensation Plans	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Note 7. Share-Based Compensation Plans During the nine months ended September 30, 2022 , we issued to certain employees and non-employee directors an aggregate of 876,492 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 85,465 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 nine months ended September 30, 2022 , we issued 254,465 stock options to certain employees. The share-based compensation expense recognized in the condensed consolidated statements of operations was as follows: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Cost of goods sold $ 886 $ 678 $ 2,740 $ 2,010 General and administrative expenses 2,838 1,265 8,041 5,257 Total share-based compensation expense $ 3,724 $ 1,943 $ 10,781 $ 7,267 The share-based compensation expense recognized by award type was as follows: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) RSUs $ 3,130 $ 1,506 $ 8,860 $ 4,533 Stock options 220 466 549 1,657 PSUs 374 ( 29 ) 1,372 1,077 Total share-based compensation expense $ 3,724 $ 1,943 $ 10,781 $ 7,267

Leases

Leases	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Total operating lease cost $ 10,373 $ 9,768 $ 32,185 $ 29,129 Finance lease cost Amortization of assets under finance leases $ 1,198 $ 870 $ 3,104 $ 2,676 Interest on finance leases 57 144 249 502 Total finance lease cost $ 1,254 $ 1,014 $ 3,352 $ 3,178 Total lease assets and liabilities were as follows: September 30, December 31, 2022 2021 (in thousands) Operating Leases Operating lease right of use assets $ 147,081 $ 137,192 Current operating lease liabilities $ 21,372 $ 22,681 Noncurrent operating lease liabilities 133,098 146,479 Total operating lease liabilities $ 154,470 $ 169,160 Finance Leases Property, plant and equipment, gross $ 34,631 $ 26,405 Less: accumulated depreciation ( 22,430 ) ( 13,782 ) Total property, plant and equipment, net $ 12,201 $ 12,623 Current maturities of long-term debt $ 1,628 $ 5,435 Long-term debt, net of current maturities 1,227 2,389 Total finance lease liabilities $ 2,855 $ 7,824 Future minimum lease payments under noncancelable leases as of September 30, 2022 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2022 $ 11,357 $ 810 2023 31,963 1,303 2024 28,878 710 2025 28,414 377 2026 27,536 7 Thereafter 78,652 — Total future minimum lease payments 206,800 3,207 Less: interest ( 52,330 ) ( 352 ) Total lease liabilities $ 154,470 $ 2,855 Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 30,087 $ 27,116 Operating cash flows from finance leases 249 502 Financing cash flows from finance leases 5,055 4,249 Other information related to leases was as follows: September 30, December 31, 2022 2021 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.6 7.0 Finance leases 2.0 1.9 Weighted-Average Discount Rate: Operating leases 8.1 % 8.0 % Finance leases 5.2 % 5.8 % As of September 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	9 Months Ended
	Sep. 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 nine months ended September 30, 2022 , $ 0.3 million and $ 1.2 million, respectively, of premium amortization was recorded through cost of sales within our condensed consolidated statements of operations, as compared to $ 0.8 million and $ 2.2 million, respectively, in the comparative prior year periods. The unrecognized income (loss) included 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 September 30, 2022 and December 31, 2021 , the notional values associated with our foreign exchange call option contracts qualifying as cash flow hedges were approximately 0.3 billion Mexican Pesos (approximately $ 14.4 million) and approximately 0.4 billion Mexican Pesos (approximately $ 20.2 million), respectively. The fair values and location of our financial instruments in our condensed consolidated balance sheets were as follows: Condensed Consolidated September 30, December 31, Financial Instrument Balance Sheet Line Item 2022 2021 (in thousands) Foreign exchange forward contracts Other current assets $ 1,285 $ 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 Nine Months Ended Other Comprehensive Statement of Operations September 30, September 30, Loss Component Line Item 2022 2021 2022 2021 (in thousands) Foreign exchange forward Cost of sales $ ( 187 ) $ — $ ( 1,325 ) $ ( 3,037 )

Restructuring Charges, Net

Restructuring Charges, Net	9 Months Ended
	Sep. 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 September 30, 2022 U.S. Asia Mexico EMEA Total (in thousands) Severance $ — $ 43 $ ( 496 ) $ 308 $ ( 145 ) Other restructuring costs — 58 — — 58 Total restructuring charges, net $ — $ 101 $ ( 496 ) $ 308 $ ( 87 ) Nine Months Ended September 30, 2022 U.S. Asia Mexico EMEA Total (in thousands) Severance $ 100 $ 2,080 $ ( 1,041 ) $ 308 $ 1,447 Other restructuring costs 244 625 — — 869 Total restructuring charges, net $ 344 $ 2,705 $ ( 1,041 ) $ 308 $ 2,316 For the three and nine months ended September 30, 2021 , we incurred $ 1.4 million and $ 3.9 million, respectively, in restructuring charges related to our Asia and EMEA segments. The following is a summary of our restructuring liability activity for the periods presented: U.S. Asia Mexico EMEA 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 Restructuring charges, net — 101 ( 496 ) 308 ( 87 ) Payments ( 91 ) ( 2,582 ) ( 410 ) ( 308 ) ( 3,391 ) Balance at September 30, 2022 $ 296 $ 311 $ — $ — $ 607

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 11. Income Taxes For the three and nine months ended September 30, 2022 , we reported an income tax provision of $ 10.1 million and $ 19.8 million, respectively, as compared to an income tax provision of $ 8.2 million and $ 30.0 million, respectively, in the comparative prior year periods. The increase during the three months ended September 30, 2022, and the decrease during the nine months ended September 30, 2022, resulted primarily from the change in the mix of earnings of foreign jurisdictions and a decrease in U.S. valuation allowance compared to the same period in 2021. No changes in tax law occurred during the nine months ended September 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 Loss Per Common Share

Net Loss Per Common Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Net Loss Per Common Share	Note 12. Net Loss Per Common Share The following table sets forth the computation of basic and diluted net loss per common share: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands, except per share data) Numerator: Net loss $ ( 1,467 ) $ ( 30,677 ) $ ( 22,777 ) $ ( 72,271 ) Preferred stock dividends and accretion ( 14,976 ) — ( 43,658 ) — Net loss attributable to common stockholders $ ( 16,443 ) $ ( 30,677 ) $ ( 66,435 ) $ ( 72,271 ) Denominator: Basic weighted-average shares outstanding 41,984 37,052 41,950 36,846 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 41,984 37,052 41,950 36,846 Basic net loss per common share $ ( 0.39 ) $ ( 0.83 ) $ ( 1.58 ) $ ( 1.96 ) Diluted net loss per common share $ ( 0.39 ) $ ( 0.83 ) $ ( 1.58 ) $ ( 1.96 ) Potentially dilutive shares excluded from the calculation 893 1,312 568 1,693 Anti-dilutive share-based compensation awards 111 13 196 — In August 2022, the holders of our outstanding, fully vested warrants, exercised the warrants at a price of $ 0.01 per share to purchase an aggregate of 4,666,667 shares of common stock on a cashless basis, resulting in the net issuance to the holders of an aggregate of 4,664,155 shares of common stock. Prior to the exercise, the weighted average number of common shares outstanding during the three and nine months ended September 30, 2022, included these 4,666,667 of outstanding, fully vested warrants that were exercisable for $ 0.01 per warrant.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 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: Nine Months Ended September 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 ) Other comprehensive income (loss) before reclassifications ( 7,903 ) — ( 582 ) ( 8,485 ) Amounts reclassified from AOCL — — ( 187 ) ( 187 ) Net tax effect — — — — Net current period other comprehensive income (loss) ( 7,903 ) — ( 769 ) ( 8,672 ) Balance at September 30, 2022 $ ( 20,410 ) $ — $ ( 5,227 ) $ ( 25,637 ) Nine Months Ended September 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 ) Other comprehensive income (loss) before reclassifications ( 889 ) 437 ( 771 ) ( 1,223 ) Amounts reclassified from AOCL — — — — Net tax effect — 244 ( 638 ) ( 394 ) Net current period other comprehensive income (loss) ( 889 ) 681 ( 1,409 ) ( 1,617 ) Balance at September 30, 2021 $ ( 36,295 ) $ ( 1,957 ) $ ( 4,924 ) $ ( 43,176 )

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 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 reasonably estimated at this time.

Concentration of Customers

Concentration of Customers	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 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 $ 210,355 45.8 % $ 176,107 36.7 % $ 582,288 44.9 % $ 554,112 41.3 % Nordex 120,051 26.1 123,373 25.7 358,504 27.7 281,421 21.0 GE 81,032 17.6 122,347 25.5 220,735 17.0 333,136 24.8 Trade accounts receivable from certain customers in excess of 10 percent of our total consolidated trade accounts receivable are as follows: September 30, December 31, 2022 2021 Customer % of Total % of Total Nordex 57.8 % 61.5 % Enercon 12.5 14.7 Vestas 11.1 10.7 GE 10.8 4.6

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Net sales by segment: U.S. $ 26,756 $ 50,896 $ 68,970 $ 161,338 Asia 74,832 51,869 176,043 219,903 Mexico 164,368 197,138 486,749 454,372 EMEA 127,348 129,444 406,643 347,160 India 65,967 50,252 158,104 160,347 Total net sales $ 459,271 $ 479,599 $ 1,296,509 $ 1,343,120 Net sales by geographic location (1) : U.S. $ 26,756 $ 50,896 $ 68,970 $ 161,338 China 74,832 51,869 176,043 219,903 Mexico 164,368 197,138 486,749 454,372 Türkiye 127,348 129,444 406,643 347,160 India 65,967 50,252 158,104 160,347 Total net sales $ 459,271 $ 479,599 $ 1,296,509 $ 1,343,120 Income (loss) from operations: U.S. (2) $ ( 8,636 ) $ ( 21,404 ) $ ( 31,813 ) $ ( 28,481 ) Asia 7,206 ( 3,607 ) 941 7,207 Mexico ( 21,030 ) ( 6,996 ) ( 59,002 ) ( 40,671 ) EMEA 11,019 9,423 54,738 29,993 India 8,599 ( 1,403 ) 11,417 2,725 Total loss from operations $ ( 2,842 ) $ ( 23,987 ) $ ( 23,719 ) $ ( 29,227 ) September 30, December 31, 2022 2021 (in thousands) Property, plant and equipment, net: U.S. $ 23,170 $ 25,522 Asia (China) 20,989 26,965 Mexico 60,250 71,208 EMEA (Türkiye) 22,894 14,413 India 30,088 31,470 Total property, plant and equipment, net $ 157,391 $ 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 $ 8.1 million and $ 22.6 million for the three and nine months ended September 30, 2022 , respectively, and $ 8.2 million and $ 23.8 million, respectively, in the comparative prior year periods.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events I n October of 2022, we signed an agreement with GE Renewable Energy that enabled us to secure a ten-year lease extension of our manufacturing facility in Newton, Iowa, which commences in February 2023 with approximately $ 19 million in future minimum lease payments.

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 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 September 30, 2022, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and nine months ended September 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. The Company has not yet elected to apply allowed expedients and exceptions. We are currently evaluating the impact this guidance may have on our condensed consolidated financial statements and related disclosures. Supplier Finance Programs In September 2022, the FASB issued ASU 2022-04, Liabilities - Supplier Finance Programs (Subtopic 405-50), which requires the disclosure of the key terms of outstanding supplier finance programs and a roll forward of the related obligations. The new standard does not affect the recognition, measurement or financial statement presentation of supplier finance program obligations. The ASU becomes effective January 1, 2023, except for the roll forward requirement, which becomes effective January 1, 2024. Upon adoption, we may be required to include additional disclosures to the extent we have material supplier finance program obligations.

Revenue From Contracts with C_2

Revenue From Contracts with Customers (Tables)	9 Months Ended
	Sep. 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 by product for each of our reportable segments: Three Months Ended September 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 73,625 $ 162,100 $ 123,434 $ 65,860 $ 425,019 Precision molding and — — 274 — — 274 Transportation sales 10,542 — — — — 10,542 Field service, inspection and 15,062 990 535 2,503 — 19,090 Other sales 1,152 217 1,459 1,411 107 4,346 Total net sales $ 26,756 $ 74,832 $ 164,368 $ 127,348 $ 65,967 $ 459,271 Three Months Ended September 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 35,154 $ 47,187 $ 191,499 $ 126,705 $ 50,180 $ 450,725 Precision molding and — 3,869 4,514 — — 8,383 Transportation sales 6,815 — — — — 6,815 Field service, inspection and 8,854 713 — 1,458 8 11,033 Other sales 73 100 1,125 1,281 64 2,643 Total net sales $ 50,896 $ 51,869 $ 197,138 $ 129,444 $ 50,252 $ 479,599 Nine Months Ended September 30, 2022 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ — $ 166,256 $ 472,979 $ 396,721 $ 157,680 $ 1,193,636 Precision molding and — 6,466 648 — — 7,114 Transportation sales 34,059 — — — — 34,059 Field service, inspection and 33,593 2,770 3,550 4,061 2 43,976 Other sales 1,318 551 9,572 5,861 422 17,724 Total net sales $ 68,970 $ 176,043 $ 486,749 $ 406,643 $ 158,104 $ 1,296,509 Nine Months Ended September 30, 2021 U.S. Asia Mexico EMEA India Total (in thousands) Wind blade sales $ 114,208 $ 202,181 $ 431,129 $ 340,933 $ 160,157 $ 1,248,608 Precision molding and — 15,467 15,446 — — 30,913 Transportation sales 29,861 — — — — 29,861 Field service, inspection and 16,919 2,002 962 3,743 8 23,634 Other sales 350 253 6,835 2,484 182 10,104 Total net sales $ 161,338 $ 219,903 $ 454,372 $ 347,160 $ 160,347 $ 1,343,120
Summary of Contract Assets and Contract Liabilities	Contract assets and contract liabilities consisted of the following: September 30, December 31, 2022 2021 $ Change (in thousands) Gross contract assets $ 219,308 $ 196,659 $ 22,649 Less: reclassification from contract liabilities ( 7,582 ) ( 8,336 ) 754 Contract assets $ 211,726 $ 188,323 $ 23,403 September 30, December 31, 2022 2021 $ Change (in thousands) Gross contract liabilities $ 7,582 $ 9,610 $ ( 2,028 ) Less: reclassification to contract assets ( 7,582 ) ( 8,336 ) 754 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 $ 304,490 13.9 % 2023 1,513,228 69.1 2024 292,208 13.3 2025 79,664 3.6 Total remaining performance obligations $ 2,189,590 100 %

Accrued Warranty (Tables)

Accrued Warranty (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Warranty accrual at beginning of period $ 35,578 $ 47,462 $ 42,020 $ 50,852 Accrual during the period 3,365 5,285 10,057 15,532 Cost of warranty services provided during the period ( 15,778 ) ( 9,826 ) ( 28,177 ) ( 21,178 ) Changes in estimate for pre-existing warranties, ( 2,953 ) ( 442 ) ( 3,688 ) ( 2,727 ) Warranty accrual at end of period $ 20,212 $ 42,479 $ 20,212 $ 42,479

Long-Term Debt, Net of Curren_2

Long-Term Debt, Net of Current Maturities (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt, Net of Current Maturities	Long-term debt, net of current maturities, consisted of the following: September 30, December 31, 2022 2021 (in thousands) Unsecured financing—EMEA $ 44,654 $ 48,444 Secured and unsecured working capital loans—India 14,612 10,269 Unsecured term loan—India — 8,109 Equipment finance lease—Mexico 2,535 5,821 Equipment finance lease—EMEA 294 1,884 Other equipment finance leases 26 119 Total debt—principal 62,121 74,646 Less: Current maturities of long-term debt ( 60,894 ) ( 66,438 ) Long-term debt, net of current maturities $ 1,227 $ 8,208

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Cost of goods sold $ 886 $ 678 $ 2,740 $ 2,010 General and administrative expenses 2,838 1,265 8,041 5,257 Total share-based compensation expense $ 3,724 $ 1,943 $ 10,781 $ 7,267
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 Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) RSUs $ 3,130 $ 1,506 $ 8,860 $ 4,533 Stock options 220 466 549 1,657 PSUs 374 ( 29 ) 1,372 1,077 Total share-based compensation expense $ 3,724 $ 1,943 $ 10,781 $ 7,267

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Components of Lease Cost	The components of lease cost were as follows: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Total operating lease cost $ 10,373 $ 9,768 $ 32,185 $ 29,129 Finance lease cost Amortization of assets under finance leases $ 1,198 $ 870 $ 3,104 $ 2,676 Interest on finance leases 57 144 249 502 Total finance lease cost $ 1,254 $ 1,014 $ 3,352 $ 3,178
Schedule of Lease Assets and Liabilities	Total lease assets and liabilities were as follows: September 30, December 31, 2022 2021 (in thousands) Operating Leases Operating lease right of use assets $ 147,081 $ 137,192 Current operating lease liabilities $ 21,372 $ 22,681 Noncurrent operating lease liabilities 133,098 146,479 Total operating lease liabilities $ 154,470 $ 169,160 Finance Leases Property, plant and equipment, gross $ 34,631 $ 26,405 Less: accumulated depreciation ( 22,430 ) ( 13,782 ) Total property, plant and equipment, net $ 12,201 $ 12,623 Current maturities of long-term debt $ 1,628 $ 5,435 Long-term debt, net of current maturities 1,227 2,389 Total finance lease liabilities $ 2,855 $ 7,824
Schedule of Future Minimum Lease Payments under Noncancelable Leases	Future minimum lease payments under noncancelable leases as of September 30, 2022 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2022 $ 11,357 $ 810 2023 31,963 1,303 2024 28,878 710 2025 28,414 377 2026 27,536 7 Thereafter 78,652 — Total future minimum lease payments 206,800 3,207 Less: interest ( 52,330 ) ( 352 ) Total lease liabilities $ 154,470 $ 2,855
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, 2022 2021 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 30,087 $ 27,116 Operating cash flows from finance leases 249 502 Financing cash flows from finance leases 5,055 4,249
Other Information Related to Leases	Other information related to leases was as follows: September 30, December 31, 2022 2021 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.6 7.0 Finance leases 2.0 1.9 Weighted-Average Discount Rate: Operating leases 8.1 % 8.0 % Finance leases 5.2 % 5.8 %

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 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 September 30, December 31, Financial Instrument Balance Sheet Line Item 2022 2021 (in thousands) Foreign exchange forward contracts Other current assets $ 1,285 $ 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 Nine Months Ended Other Comprehensive Statement of Operations September 30, September 30, Loss Component Line Item 2022 2021 2022 2021 (in thousands) Foreign exchange forward Cost of sales $ ( 187 ) $ — $ ( 1,325 ) $ ( 3,037 )

Restructuring Charges, Net (Tab

Restructuring Charges, Net (Tables)	9 Months Ended
	Sep. 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 September 30, 2022 U.S. Asia Mexico EMEA Total (in thousands) Severance $ — $ 43 $ ( 496 ) $ 308 $ ( 145 ) Other restructuring costs — 58 — — 58 Total restructuring charges, net $ — $ 101 $ ( 496 ) $ 308 $ ( 87 ) Nine Months Ended September 30, 2022 U.S. Asia Mexico EMEA Total (in thousands) Severance $ 100 $ 2,080 $ ( 1,041 ) $ 308 $ 1,447 Other restructuring costs 244 625 — — 869 Total restructuring charges, net $ 344 $ 2,705 $ ( 1,041 ) $ 308 $ 2,316
Summary of Restructuring Liability	The following is a summary of our restructuring liability activity for the periods presented: U.S. Asia Mexico EMEA 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 Restructuring charges, net — 101 ( 496 ) 308 ( 87 ) Payments ( 91 ) ( 2,582 ) ( 410 ) ( 308 ) ( 3,391 ) Balance at September 30, 2022 $ 296 $ 311 $ — $ — $ 607

Net Loss Per Common Share (Tabl

Net Loss Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Loss per Common Share	The following table sets forth the computation of basic and diluted net loss per common share: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands, except per share data) Numerator: Net loss $ ( 1,467 ) $ ( 30,677 ) $ ( 22,777 ) $ ( 72,271 ) Preferred stock dividends and accretion ( 14,976 ) — ( 43,658 ) — Net loss attributable to common stockholders $ ( 16,443 ) $ ( 30,677 ) $ ( 66,435 ) $ ( 72,271 ) Denominator: Basic weighted-average shares outstanding 41,984 37,052 41,950 36,846 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 41,984 37,052 41,950 36,846 Basic net loss per common share $ ( 0.39 ) $ ( 0.83 ) $ ( 1.58 ) $ ( 1.96 ) Diluted net loss per common share $ ( 0.39 ) $ ( 0.83 ) $ ( 1.58 ) $ ( 1.96 ) Potentially dilutive shares excluded from the calculation 893 1,312 568 1,693 Anti-dilutive share-based compensation awards 111 13 196 —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 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: Nine Months Ended September 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 ) Other comprehensive income (loss) before reclassifications ( 7,903 ) — ( 582 ) ( 8,485 ) Amounts reclassified from AOCL — — ( 187 ) ( 187 ) Net tax effect — — — — Net current period other comprehensive income (loss) ( 7,903 ) — ( 769 ) ( 8,672 ) Balance at September 30, 2022 $ ( 20,410 ) $ — $ ( 5,227 ) $ ( 25,637 ) Nine Months Ended September 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 ) Other comprehensive income (loss) before reclassifications ( 889 ) 437 ( 771 ) ( 1,223 ) Amounts reclassified from AOCL — — — — Net tax effect — 244 ( 638 ) ( 394 ) Net current period other comprehensive income (loss) ( 889 ) 681 ( 1,409 ) ( 1,617 ) Balance at September 30, 2021 $ ( 36,295 ) $ ( 1,957 ) $ ( 4,924 ) $ ( 43,176 )

Concentration of Customers (Tab

Concentration of Customers (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 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 $ 210,355 45.8 % $ 176,107 36.7 % $ 582,288 44.9 % $ 554,112 41.3 % Nordex 120,051 26.1 123,373 25.7 358,504 27.7 281,421 21.0 GE 81,032 17.6 122,347 25.5 220,735 17.0 333,136 24.8
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: September 30, December 31, 2022 2021 Customer % of Total % of Total Nordex 57.8 % 61.5 % Enercon 12.5 14.7 Vestas 11.1 10.7 GE 10.8 4.6

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables set forth certain information regarding each of our segments: Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 (in thousands) Net sales by segment: U.S. $ 26,756 $ 50,896 $ 68,970 $ 161,338 Asia 74,832 51,869 176,043 219,903 Mexico 164,368 197,138 486,749 454,372 EMEA 127,348 129,444 406,643 347,160 India 65,967 50,252 158,104 160,347 Total net sales $ 459,271 $ 479,599 $ 1,296,509 $ 1,343,120 Net sales by geographic location (1) : U.S. $ 26,756 $ 50,896 $ 68,970 $ 161,338 China 74,832 51,869 176,043 219,903 Mexico 164,368 197,138 486,749 454,372 Türkiye 127,348 129,444 406,643 347,160 India 65,967 50,252 158,104 160,347 Total net sales $ 459,271 $ 479,599 $ 1,296,509 $ 1,343,120 Income (loss) from operations: U.S. (2) $ ( 8,636 ) $ ( 21,404 ) $ ( 31,813 ) $ ( 28,481 ) Asia 7,206 ( 3,607 ) 941 7,207 Mexico ( 21,030 ) ( 6,996 ) ( 59,002 ) ( 40,671 ) EMEA 11,019 9,423 54,738 29,993 India 8,599 ( 1,403 ) 11,417 2,725 Total loss from operations $ ( 2,842 ) $ ( 23,987 ) $ ( 23,719 ) $ ( 29,227 ) September 30, December 31, 2022 2021 (in thousands) Property, plant and equipment, net: U.S. $ 23,170 $ 25,522 Asia (China) 20,989 26,965 Mexico 60,250 71,208 EMEA (Türkiye) 22,894 14,413 India 30,088 31,470 Total property, plant and equipment, net $ 157,391 $ 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 $ 8.1 million and $ 22.6 million for the three and nine months ended September 30, 2022 , respectively, and $ 8.2 million and $ 23.8 million, respectively, in the comparative prior year periods.

Significant Accounting Polici_2

Significant Accounting Policies (Additional Information) (Details) $ in Millions	9 Months Ended
	Sep. 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation Of Revenue [Line Items]
Net sales	$ 459,271	$ 479,599	$ 1,296,509	$ 1,343,120
U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	26,756	50,896	68,970	161,338
Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	74,832	51,869	176,043	219,903
Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	164,368	197,138	486,749	454,372
EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	127,348	129,444	406,643	347,160
India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	65,967	50,252	158,104	160,347
Wind Blades [Member]
Disaggregation Of Revenue [Line Items]
Net sales	425,019	450,725	1,193,636	1,248,608
Wind Blades [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	35,154	0	114,208
Wind Blades [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	73,625	47,187	166,256	202,181
Wind Blades [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	162,100	191,499	472,979	431,129
Wind Blades [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	123,434	126,705	396,721	340,933
Wind Blades [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	65,860	50,180	157,680	160,157
Precision Molding and Assembly Systems [Member]
Disaggregation Of Revenue [Line Items]
Net sales	274	8,383	7,114	30,913
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	0	3,869	6,466	15,467
Precision Molding and Assembly Systems [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	(274)	4,514	(648)	15,446
Precision Molding and Assembly Systems [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Precision Molding and Assembly Systems [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Transportation [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,542	6,815	34,059	29,861
Transportation [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,542	6,815	34,059	29,861
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	19,090	11,033	43,976	23,634
Field Services Inspection and Repair Services [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	15,062	8,854	33,593	16,919
Field Services Inspection and Repair Services [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	990	713	2,770	2,002
Field Services Inspection and Repair Services [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	535	0	3,550	962
Field Services Inspection and Repair Services [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,503	1,458	4,061	3,743
Field Services Inspection and Repair Services [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	8	2	8
Other [Member]
Disaggregation Of Revenue [Line Items]
Net sales	4,346	2,643	17,724	10,104
Other [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,152	73	1,318	350
Other [Member] | Asia Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	217	100	551	253
Other [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,459	1,125	9,572	6,835
Other [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,411	1,281	5,861	2,484
Other [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 107	$ 64	$ 422	$ 182

Revenue From Contracts with C_4

Revenue From Contracts with Customers - Summary of Contract Assets (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Gross contract assets	$ 219,308	$ 196,659
Less: reclassification from contract liabilities	(7,582)	(8,336)
Contract assets	211,726	$ 188,323
Gross contract assets, Change	22,649
Less: reclassification from contract liabilities, Change	754
Contract assets, Change	$ 23,403

Revenue From Contracts with C_5

Revenue From Contracts with Customers - Summary of Contract Liabilities (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Gross contract liabilities	$ 7,582	$ 9,610
Less: reclassification to contract assets	(7,582)	(8,336)
Contract liabilities	0	$ 1,274
Gross contract liabilities, Change	(2,028)
Less: reclassification to contract assets, Change	754
Contract liabilities, Change	$ (1,274)

Revenue From Contracts with C_6

Revenue From Contracts with Customers - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue from Contracts with Customers [Line Items]
Increase in contract assets			$ 23,403
Decrease in contract liabilities			(1,300)
Transaction price allocated to remaining performance obligations to be satisfied in future periods	$ 2,189,590		2,189,590
Net revenue recognized from performance obligations satisfied in previous periods, decrease amount	300	$ (7,300)	(10,300)	$ (19,800)
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	Sep. 30, 2022 USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 2,189,590
% 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	$ 304,490
% of Total remaining performance obligations	13.90%
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	$ 1,513,228
% of Total remaining performance obligations	69.10%
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	$ 292,208
% of Total remaining performance obligations	13.30%
Remaining performance obligations, expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2025-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 79,664
% of Total remaining performance obligations	3.60%
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	Sep. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	$ 2,189,590
% of Total remaining performance obligations	100%

Significant Risks and Uncerta_2

Significant Risks and Uncertainties - Additional Information (Detail) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Cash in short-term deposits in interest bearing accounts	$ 9,822,000	$ 10,053,000
U.S. [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	75,500,000	165,400,000
Cash in short-term deposits in interest bearing accounts	9,800,000	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	42,300,000	25,900,000
Turkey [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	7,100,000	42,600,000
Mexico [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	1,400,000	2,100,000
India [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	2,000,000	5,700,000
Other Countries [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	$ 800,000	$ 500,000

Accrued Warranty - Schedule of

Accrued Warranty - Schedule of Warranty Accrual Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Product Warranties Disclosures [Abstract]
Warranty accrual at beginning of period	$ 35,578	$ 47,462	$ 42,020	$ 50,852
Accrual during the period	3,365	5,285	10,057	15,532
Cost of warranty services provided during the period	(15,778)	(9,826)	(28,177)	(21,178)
Changes in estimate for pre-existing warranties, including expirations during the period	(2,953)	(442)	(3,688)	(2,727)
Warranty accrual at end of period	$ 20,212	$ 42,479	$ 20,212	$ 42,479

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	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total long-term debt	$ 62,121	$ 74,646
Less: Current maturities of long-term debt	(60,894)	(66,438)
Long-term debt, net of current maturities	1,227	8,208
Unsecured Financing [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	44,654	48,444
Secured And Unsecured Working Capital Loans [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	14,612	10,269
Unsecured Term Loan [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	0	8,109
Equipment Finance Lease [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	294	1,884
Equipment Finance Lease [Member] | Mexico [Member]
Debt Instrument [Line Items]
Total long-term debt	2,535	5,821
Other Equipment Finance Lease [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 26	$ 119

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2022 shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options issued to employees	254,465
Timed-Based Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	876,492
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	85,465
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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 3,724	$ 1,943	$ 10,781	$ 7,267
Cost of Goods Sold [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	886	678	2,740	2,010
General and Administrative Expenses [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,838	$ 1,265	$ 8,041	$ 5,257

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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 3,724	$ 1,943	$ 10,781	$ 7,267
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	3,130	1,506	8,860	4,533
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	220	466	549	1,657
Performance-based Restricted Stock Units (PSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 374	$ (29)	$ 1,372	$ 1,077

Leases - Additional Information

Leases - Additional Information (Detail)	9 Months Ended
	Sep. 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 September 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Total operating lease cost	$ 10,373	$ 9,768	$ 32,185	$ 29,129
Finance lease cost
Amortization of assets under finance leases	1,198	870	3,104	2,676
Interest on finance leases	57	144	249	502
Total finance lease cost	$ 1,254	$ 1,014	$ 3,352	$ 3,178

Leases - Schedule of Lease Asse

Leases - Schedule of Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right of use assets	$ 147,081	$ 137,192
Current operating lease liabilities	21,372	22,681
Noncurrent operating lease liabilities	133,098	146,479
Total operating lease liabilities	154,470	169,160
Property, plant and equipment, gross	34,631	26,405
Less: accumulated depreciation	(22,430)	(13,782)
Total property, plant and equipment, net	12,201	12,623
Current maturities of long-term debt	$ 1,628	$ 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 current maturities	$ 1,227	$ 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	$ 2,855	$ 7,824

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Noncancelable Leases (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Operating Leases Abstract
Remainder of 2022	$ 11,357
2023	31,963
2024	28,878
2025	28,414
2026	27,536
Thereafter	78,652
Total future minimum lease payments	206,800
Less: interest	(52,330)
Total lease liabilities	154,470	$ 169,160
Finance Leases Abstract
Remainder of 2022	810
2023	1,303
2024	710
2025	377
2026	7
Thereafter	0
Total future minimum lease payments	3,207
Less: interest	(352)
Total lease liabilities	$ 2,855	$ 7,824

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 30,087	$ 27,116
Operating cash flows from finance leases	249	502
Financing cash flows from finance leases	$ 5,055	$ 4,249

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail)	Sep. 30, 2022	Dec. 31, 2021
Weighted-Average Remaining Lease Term (In Years):
Operating leases	6 years 7 months 6 days	7 years
Finance leases	2 years	1 year 10 months 24 days
Weighted-Average Discount Rate:
Operating leases	8.10%	8%
Finance leases	5.20%	5.80%

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - Foreign Exchange Call Option [Member] - Contracts to Hedge in Mexican Pesos [Member] $ in Millions, $ in Billions	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 MXN ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 MXN ($)
Derivative [Line Items]
Premium amortization	$ 0.3	$ 0.8	$ 1.2	$ 2.2
Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative notional amount	$ 14.4		$ 14.4		$ 0.3	$ 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	Sep. 30, 2022	Dec. 31, 2021
Other Current Assets [Member]
Derivatives Fair Value [Line Items]
Derivative assets, fair value	$ 1,285	$ 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 445,778	$ 472,188	$ 1,257,830	$ 1,295,660
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	$ (187)	$ 0	$ (1,325)	$ (3,037)

Restructuring Charges, Net - Sc

Restructuring Charges, Net - Schedule of Restructuring Charges, Net (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Severance	$ (145)				$ 1,447
Other restructuring costs	58				869
Total restructuring charges, net	(87)	$ 10	$ 2,393	$ 1,422	2,316	$ 3,876
U.S. [Member]
Restructuring Cost and Reserve [Line Items]
Severance	0				100
Other restructuring costs	0				244
Total restructuring charges, net	0	153	191		344
Asia and EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Severance	43				2,080
Other restructuring costs	58				625
Total restructuring charges, net	101	668	1,936	$ 1,400	2,705	$ 3,900
Mexico [Member]
Restructuring Cost and Reserve [Line Items]
Severance	(496)				(1,041)
Other restructuring costs	0				0
Total restructuring charges, net	(496)	(811)	266		(1,041)
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Severance	308				308
Other restructuring costs	0				0
Total restructuring charges, net	$ 308	$ 0	$ 0		$ 308

Restructuring Charges, Net - Ad

Restructuring Charges, Net - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ (87)	$ 10	$ 2,393	$ 1,422	$ 2,316	$ 3,876
Asia and EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	101	668	1,936	$ 1,400	2,705	$ 3,900
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 308	$ 0	$ 0		$ 308

Restructuring Charges, Net - Su

Restructuring Charges, Net - Summary of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	$ 4,085	$ 8,327	$ 12,944		$ 12,944
Restructuring charges, net	(87)	10	2,393	$ 1,422	2,316	$ 3,876
Payments	(3,391)	(4,252)	(7,010)
Restructuring Reserve, Ending Balance	607	4,085	8,327		607
U.S. [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	387	909	2,638		2,638
Restructuring charges, net	0	153	191		344
Payments	(91)	(675)	(1,920)
Restructuring Reserve, Ending Balance	296	387	909		296
Asia and EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	2,792	5,406	8,145		8,145
Restructuring charges, net	101	668	1,936	$ 1,400	2,705	$ 3,900
Payments	(2,582)	(3,282)	(4,675)
Restructuring Reserve, Ending Balance	311	2,792	5,406		311
Mexico [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	906	2,012	2,161		2,161
Restructuring charges, net	(496)	(811)	266		(1,041)
Payments	(410)	(295)	(415)
Restructuring Reserve, Ending Balance	0	906	2,012		0
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	0	0	0		0
Restructuring charges, net	308	0	0		308
Payments	(308)	0	0
Restructuring Reserve, Ending Balance	$ 0	$ 0	$ 0		$ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Tax Credit Carryforward [Line Items]
Income tax benefit (provision)	$ 10,111	$ 8,248	$ 19,809	$ 30,036

Net Loss Per Common Share - Add

Net Loss Per Common Share - Additional Information - (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic weighted-average shares outstanding	41,984,000	37,052,000	41,950,000	36,846,000
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
Issuance of shares of common stock	4,664,155
Warrants to purchase shares of common stock	4,666,667		4,666,667

Net Loss Per Common Share - Com

Net Loss Per Common Share - Computation of Basic and Diluted Net Loss per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net loss	$ (1,467)	$ (5,510)	$ (15,800)	$ (30,677)	$ (39,797)	$ (1,797)	$ (22,777)	$ (72,271)
Preferred stock dividends and accretion	(14,976)			0			(43,658)	0
Net loss attributable to common stockholders	$ (16,443)			$ (30,677)			$ (66,435)	$ (72,271)
Basic weighted-average shares outstanding	41,984			37,052			41,950	36,846
Effect of dilutive awards	0			0			0	0
Diluted weighted-average shares outstanding	41,984			37,052			41,950	36,846
Basic net income (loss) per common share	$ (0.39)			$ (0.83)			$ (1.58)	$ (1.96)
Diluted net income (loss) per common share	$ (0.39)			$ (0.83)			$ (1.58)	$ (1.96)
Potentially dilutive shares excluded from the calculation due to net losses in the period	893			1,312			568	1,693
Anti dilutive share-based compensation awards that would be excluded from the calculation if income was reported in the period	111			13			196	0

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	$ 115,620	$ 141,031	$ 121,952	$ 160,897	$ 194,608	$ 201,035
Net current period other comprehensive income (loss)	(8,672)	(9,033)	46,074	(1,617)	(243)	(8,326)
Ending balance	94,277	115,620	141,031	131,064	160,897	194,608
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(12,507)	(5,161)	(48,530)	(35,406)	(35,402)	(30,111)
Other comprehensive income (loss) before reclassifications	(7,903)	(7,346)	43,369	(889)	(4)	(5,291)
Amounts reclassified from AOCL	0	0	0	0	0	0
Net tax effect	0	0	0	0	0	0
Net current period other comprehensive income (loss)	(7,903)	(7,346)	43,369	(889)	(4)	(5,291)
Ending balance	(20,410)	(12,507)	(5,161)	(36,295)	(35,406)	(35,402)
Interest Rate Swap [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	0	0	0	(2,638)	(2,985)	(3,443)
Other comprehensive income (loss) before reclassifications	0	0	0	437	452	597
Amounts reclassified from AOCL	0	0	0	0	0	0
Net tax effect	0	0	0	(244)	(105)	(139)
Net current period other comprehensive income (loss)	0	0	0	681	347	458
Ending balance	0	0	0	(1,957)	(2,638)	(2,985)
Foreign Exchange Forward Contract [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(4,458)	(2,771)	(5,476)	(3,515)	(2,929)	564
Other comprehensive income (loss) before reclassifications	(582)	(1,189)	3,345	(771)	259	(2,281)
Amounts reclassified from AOCL	(187)	(498)	(640)	0	(1,035)	(2,002)
Net tax effect	0	0	0	(638)	190	790
Net current period other comprehensive income (loss)	(769)	(1,687)	2,705	(1,409)	(586)	(3,493)
Ending balance	(5,227)	(4,458)	(2,771)	(4,924)	(3,515)	(2,929)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(16,965)	(7,932)	(54,006)	(41,559)	(41,316)	(32,990)
Other comprehensive income (loss) before reclassifications	(8,485)	(8,535)	46,714	(1,223)	707	(6,975)
Amounts reclassified from AOCL	(187)	(498)	(640)	0	(1,035)	(2,002)
Net tax effect	0	0	0	(394)	85	651
Net current period other comprehensive income (loss)	(8,672)	(9,033)	46,074	(1,617)	(243)	(8,326)
Ending balance	$ (25,637)	$ (16,965)	$ (7,932)	$ (43,176)	$ (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		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Concentration Risk [Line Items]
Net sales	$ 459,271	$ 479,599	$ 1,296,509	$ 1,343,120
Sales Revenues [Member] | Vestas [Member]
Concentration Risk [Line Items]
Net sales	$ 210,355
Sales Revenues [Member] | Vestas [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales		$ 176,107	$ 582,288	$ 554,112
Percentage of Total	45.80%	36.70%	44.90%	41.30%
Sales Revenues [Member] | GE [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 81,032	$ 122,347	$ 220,735	$ 333,136
Percentage of Total	17.60%	25.50%	17%	24.80%
Sales Revenues [Member] | Nordex [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 120,051	$ 123,373	$ 358,504	$ 281,421
Percentage of Total	26.10%	25.70%	27.70%	21%

Concentration of Customers - _2

Concentration of Customers - Schedule of Trade Accounts Receivable from Certain Customers (Detail) - Accounts Receivable [Member] - Customer Concentration Risk [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Vestas [Member]
Concentration Risk [Line Items]
Percentage of Total	11.10%	10.70%
Nordex [Member]
Concentration Risk [Line Items]
Percentage of Total	57.80%	61.50%
Enercon [Member]
Concentration Risk [Line Items]
Percentage of Total	12.50%	14.70%
GE [Member]
Concentration Risk [Line Items]
Percentage of Total	10.80%	4.60%

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	9 Months Ended
	Sep. 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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net sales	$ 459,271	$ 479,599	$ 1,296,509	$ 1,343,120
Total loss from operations	(2,842)	(23,987)	(23,719)	(29,227)
Total property, plant and equipment, net	157,391		157,391		$ 169,578
U.S. [Member]
Segment Reporting Information [Line Items]
Net sales	26,756	50,896	68,970	161,338
China [Member]
Segment Reporting Information [Line Items]
Net sales	74,832	51,869	176,043	219,903
Turkey [Member]
Segment Reporting Information [Line Items]
Net sales	127,348	129,444	406,643	347,160
India [Member]
Segment Reporting Information [Line Items]
Net sales	65,967	50,252	158,104	160,347
U.S. Segment [Member]
Segment Reporting Information [Line Items]
Net sales	26,756	50,896	68,970	161,338
Total loss from operations	(8,636)	(21,404)	(31,813)	(28,481)
Total property, plant and equipment, net	23,170		23,170		25,522
Asia Segment [Member]
Segment Reporting Information [Line Items]
Net sales	74,832	51,869	176,043	219,903
Total loss from operations	7,206	(3,607)	941	7,207
Total property, plant and equipment, net	20,989		20,989		26,965
Mexico Segment [Member]
Segment Reporting Information [Line Items]
Net sales	164,368	197,138	486,749	454,372
Total loss from operations	(21,030)	(6,996)	(59,002)	(40,671)
Total property, plant and equipment, net	60,250		60,250		71,208
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Net sales	127,348	129,444	406,643	347,160
Total loss from operations	11,019	9,423	54,738	29,993
Total property, plant and equipment, net	22,894		22,894		14,413
India Segment [Member]
Segment Reporting Information [Line Items]
Net sales	65,967	50,252	158,104	160,347
Total loss from operations	8,599	$ (1,403)	11,417	$ 2,725
Total property, plant and equipment, net	$ 30,088		$ 30,088		$ 31,470

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
General and administrative costs	$ 8,030	$ 8,185	$ 22,578	$ 23,819
U.S. Segment [Member]
Segment Reporting Information [Line Items]
General and administrative costs	$ 8,100	$ 8,200	$ 22,600	$ 23,800

Subsequent Events (Additional I

Subsequent Events (Additional Information) (Details) $ in Millions	Oct. 31, 2022 USD ($)
Subsequent Events [Abstract]
Present Value of Future Minimum Lease Payments, Sale Leaseback Transactions	$ 19