TPI Composites (TPIC) 10-Q 3 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	Apr. 29, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
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 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
Entity Common Stock, Shares Outstanding		42,479,774

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 164,231	$ 133,546
Restricted cash	8,793	9,854
Accounts receivable	178,651	184,809
Contract assets	233,932	215,939
Prepaid expenses	32,606	29,119
Other current assets	30,764	26,052
Inventories	14,539	10,661
Current assets of discontinued operations	22,692	35,182
Total current assets	686,208	645,162
Property, plant and equipment, net	131,087	136,841
Operating lease right of use assets	147,944	152,312
Other noncurrent assets	27,658	27,861
Total assets	992,897	962,176
Current liabilities:
Accounts payable and accrued expenses	278,684	280,499
Accrued warranty	22,973	22,347
Current maturities of long-term debt	61,624	59,975
Current operating lease liabilities	22,591	22,220
Contract liabilities	0	17,100
Current liabilities of discontinued operations	15,574	54,440
Total current liabilities	401,446	456,581
Long-term debt, net of current maturities	128,710	1,198
Noncurrent operating lease liabilities	129,753	133,363
Other noncurrent liabilities	11,154	10,670
Total liabilities	671,063	601,812
Commitments and contingencies (Note 15)
Stockholders’ equity:
Common shares, $0.01 par value, 100,000 shares authorized, 42,997 shares issued and 42,480 shares outstanding at March 31, 2023 and 100,000 shares authorized, 42,369 shares issued and 42,044 shares outstanding at December 31, 2022	430	424
Paid-in capital	376,527	407,570
Accumulated other comprehensive loss	(13,377)	(15,387)
Accumulated deficit	(356,696)	(334,569)
Treasury stock, at cost, 516 shares at March 31, 2023 and 325 shares at December 31, 2022	(10,100)	(7,551)
Total stockholders’ equity	(3,216)	50,487
Total liabilities, mezzanine equity and stockholders' equity	992,897	962,176
Series A Preferred Stock [Member]
Mezzanine equity:
Series A Preferred Stock, $0.01 par value, 400 shares authorized; 350 shares issued and outstanding at March 31, 2023 and December 31, 2022; liquidation preference of $484,795 at March 31, 2023 and $475,735 at December 31, 2022	$ 325,050	$ 309,877

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
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	$ 484,795,000	$ 475,735,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	42,996,000	42,369,000
Common stock, shares outstanding	42,480,000	42,044,000
Treasury stock, shares	516,000	325,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Net sales	$ 404,066	$ 343,525
Cost of sales	399,381	332,421
Startup and transition costs	1,980	10,077
Total cost of goods sold	401,361	342,498
Gross profit	2,705	1,027
General and administrative expenses	7,034	7,860
Loss on sale of assets and asset impairments	3,593	908
Restructuring charges, net	75	457
Loss from operations	(7,997)	(8,198)
Other income (expense):
Interest expense, net	(2,528)	(707)
Foreign currency income (loss)	(1,214)	403
Miscellaneous income	453	54
Total other expense	(3,289)	(250)
Loss from continuing operations before income taxes	(11,286)	(8,448)
Income tax provision	(3,860)	(2,944)
Net loss from continuing operations	(15,146)	(11,392)
Preferred stock dividends and accretion	(15,173)	(14,132)
Net loss from continuing operations attributable to common stockholders	(30,319)	(25,524)
Net loss from discontinued operations	(6,981)	(4,408)
Net loss attributable to common stockholders	$ (37,300)	$ (29,932)
Weighted-average shares of common stock outstanding:
Basic	42,284	41,899
Diluted	42,284	41,899
Net loss from continuing operations per common share:
Basic	$ (0.72)	$ (0.61)
Diluted	(0.72)	(0.61)
Net loss from discontinued operations per common share:
Basic	(0.16)	(0.10)
Diluted	(0.16)	(0.10)
Net loss per common share:
Basic	(0.88)	(0.71)
Diluted	$ (0.88)	$ (0.71)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss from continuing operations attributable to common stockholders	$ (30,319)	$ (25,524)
Net loss from discontinued operations	(6,981)	(4,408)
Net loss attributable to common stockholders	(37,300)	(29,932)
Other comprehensive income (loss):
Foreign currency translation adjustments	2,010	43,369
Unrealized gain (loss) on hedging derivatives, net of taxes of $0 and $0 respectively	0	2,705
Comprehensive income (loss)	$ (35,290)	$ 16,142

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Tax on hedging derivatives	$ 0	$ 0

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, 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	(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		(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, 2022	50,487		$ 424	407,570	(15,387)	(334,569)	(7,551)
Beginning balance, shares at Dec. 31, 2022		350,000	42,369,000
Beginning balance at Dec. 31, 2022		$ 309,877
Net loss	(22,127)					(22,127)
Preferred stock dividends	10,706	10,706		10,706
Share-based compensation expense	2,720			2,720
Issuances under share-based compensation plan	6		$ 6
Issuances under share-based compensation plan, shares			627,000
Common stock repurchased for treasury	(2,549)						(2,549)
Other comprehensive income (loss)	2,010				2,010
Accretion of Series A Preferred Stock	(4,467)	4,467		(4,467)
Capped call transaction	(18,590)			(18,590)
Ending Balance at Mar. 31, 2023		$ 325,050
Ending balance at Mar. 31, 2023	$ (3,216)		$ 430	$ 376,527	$ (13,377)	$ (356,696)	$ (10,100)
Ending balance, shares at Mar. 31, 2023		350,000	42,996,000

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net loss	$ (22,127)	$ (15,800)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	9,722	11,753
Loss on sale of assets and asset impairments	(3,593)	(908)
Share-based compensation expense	2,668	3,309
Amortization of debt issuance costs	79	0
Deferred income taxes	(267)	(277)
Changes in assets and liabilities:
Accounts receivable	2,126	(30,670)
Contract assets and liabilities	(34,588)	(14,906)
Operating lease right of use assets and operating lease liabilities	(8,395)	339
Inventories	(2,514)	(6,027)
Prepaid expenses	(6,466)	(7,704)
Other current assets	(5,042)	(1,249)
Other noncurrent assets	4,608	1,006
Accounts payable and accrued expenses	(30,541)	(19,113)
Accrued warranty	626	(3,077)
Other noncurrent liabilities	480	403
Net cash used in operating activities	(83,861)	(81,054)
Cash flows from investing activities:
Purchases of property, plant and equipment	(3,275)	(5,516)
Net cash used in investing activities	(3,275)	(5,516)
Cash flows from financing activities:
Proceeds from issuance of convertible notes	132,500	0
Purchase of capped calls	(18,590)	0
Payments of debt issuance costs	(4,803)	0
Proceeds from working capital loans	8,936	3,967
Repayments of working capital loans	(10,246)	(3,951)
Principal repayments of finance leases	(578)	(1,545)
Net proceeds from (repayments of) other debt	3,076	(21,408)
Proceeds from exercise of stock options	0	1
Repurchase of common stock including shares withheld in lieu of income taxes	(2,549)	(343)
Net cash provided by (used in) financing activities	107,746	(23,279)
Impact of foreign exchange rates on cash, cash equivalents and restricted cash	730	(1,607)
Net change in cash, cash equivalents and restricted cash	21,340	(111,456)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance	153,069	252,218
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	174,409	140,762
Supplemental cash flow information:
Cash paid for interest	1,654	639
Cash paid for income taxes, net of refunds	3,344	10,828
Noncash investing and financing activities:
Right of use assets obtained in exchange for new operating lease liabilities	786	8,298
Property, plant, and equipment obtained in exchange for new finance lease liabilities	197	0
Accrued capital expenditures in accounts payable	1,814	1,397
Paid-in-kind preferred stock dividends and accretion	15,173	14,132
Reconciliation of Cash, Cash Equivalents and Restricted Cash:
Cash and cash equivalents	133,546	216,236
Cash and cash equivalents	164,231	120,275
Restricted cash	9,854	10,053
Restricted cash	8,793	9,869
Cash and cash equivalents of discontinued operations	9,669	25,929
Cash and cash equivalents of discontinued operations	1,385	10,618
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	153,069	252,218
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	174,409	140,762
Consolidated [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Loss on sale of assets and asset impairments	$ (5,770)	$ (959)

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
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. See Note 1(b) to our Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2022 for further information on the functional currency change for our operations in Türkiye.

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
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, 2022 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 March 31, 2023, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three months ended March 31, 2023 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 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. We adopted this standard on January 1, 2023, except for the roll forward requirement, which becomes effective January 1, 2024, and it did not have a material impact on our condensed consolidated financial statements. The Company has determined that no other recent accounting pronouncements apply to our operations or could otherwise have a material impact on our consolidated financial statements.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 3. Discontinued Operations In December 2022, the Company committed to a restructuring plan to rebalance our organization and optimize our global manufacturing footprint. Changing economic and geopolitical factors, including increased logistics costs and tariffs imposed on components of wind turbines from China, including wind blades, has had an adverse impact on demand for our wind blades manufactured in our Chinese facilities. In connection with our restructuring plan, we ceased production at our Yangzhou, China manufacturing facility as of December 31, 2022 and plan to shut down our business operations in China in the next 12 months. Our business operations in China comprised the entirety of our Asia reporting segment. This shut down will have a meaningful effect on our global manufacturing footprint and consolidated financial results. Accordingly, the historical results of our Asia reporting segment have been presented as discontinued operations in our Consolidated Statements of Operations and Consolidated Balance Sheets. The following table presents the carrying amounts of major classes of assets and liabilities that were included in discontinued operations: March 31, December 31, 2023 2022 (in thousands) Cash and cash equivalents $ 1,385 $ 9,669 Accounts receivable 3,575 2,716 Prepaid expenses 4,937 1,877 Inventories 169 1,501 Property, plant and equipment, net 10,471 17,678 Other classes of assets that are not major 2,155 1,741 Total assets of discontinued operations $ 22,692 $ 35,182 Accounts payable and accrued expenses $ 7,422 $ 26,942 Accrued restructuring 7,942 17,764 Operating lease liabilities — 9,524 Other classes of liabilities that are not major 210 210 Total liabilities of discontinued operations $ 15,574 $ 54,440 The following table presents the components of net income (loss) from discontinued operations: Three Months Ended March 31, 2023 2022 (In thousands) Net sales $ 2,167 $ 41,345 Cost of sales 5,736 38,533 Startup and transition costs — 5,466 Total cost of goods sold 5,736 43,999 Gross profit (loss) ( 3,569 ) ( 2,654 ) Loss on sale of assets and asset impairments 2,177 51 Restructuring charges, net 1,458 1,936 Loss from discontinued operations ( 7,204 ) ( 4,641 ) Other income (expense): Interest income (expense), net 39 ( 62 ) Foreign currency loss ( 1,035 ) ( 193 ) Miscellaneous income 1,219 488 Total other income 223 233 Loss before income taxes ( 6,981 ) ( 4,408 ) Income tax benefit (provision) — — Net loss from discontinued operations $ ( 6,981 ) $ ( 4,408 ) The following table presents summarized cash flows from discontinued operations: Three Months Ended March 31, 2023 2022 (in thousands) Net cash used in operating activities from discontinued operations $ ( 8,067 ) $ ( 14,342 ) Net cash used in investing activities from discontinued operations ( 185 ) ( 973 ) Additional non-cash items related to operating activities from discontinued operations: Depreciation and amortization — 1,986 Share-based compensation expense 115 226 The following is a summary of our restructuring liability activity related to discontinued operations for the periods presented: Severance Other Total (in thousands) Balance at December 31, 2022 $ 15,757 $ 2,007 $ 17,764 Restructuring charges, net ( 17 ) 1,475 1,458 Payments ( 9,184 ) ( 2,096 ) ( 11,280 ) Balance at March 31, 2023 $ 6,556 $ 1,386 $ 7,942

Revenue From Contracts with Cus

Revenue From Contracts with Customers	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue From Contracts with Customers	Note 4. 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 – (d) Revenue Recognition , to the Notes to Consolidated Financial Statements within our Annual Report on Form 10-K for the year ended December 31, 2022. The following tables represents the disaggregation of our net sales by product for each of our reportable segments: Three Months Ended March 31, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 154,462 $ 166,837 $ 66,293 $ 387,592 Automotive sales 10,261 — — — 10,261 Field service, inspection and 5,359 178 676 — 6,213 Total net sales $ 15,620 $ 154,640 $ 167,513 $ 66,293 $ 404,066 Three Months Ended March 31, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 99 $ 130,396 $ 149,404 $ 41,887 $ 321,786 Automotive sales 12,857 — — — 12,857 Field service, inspection and 8,601 — 281 — 8,882 Total net sales $ 21,557 $ 130,396 $ 149,685 $ 41,887 $ 343,525 For a further discussion regarding our operating segments, see Note 17, Segment Reporting . 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. 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: March 31, December 31, 2023 2022 $ Change (in thousands) Gross contract assets $ 267,127 $ 231,487 $ 35,640 Less: reclassification from contract liabilities ( 33,195 ) ( 15,548 ) ( 17,647 ) Contract assets $ 233,932 $ 215,939 $ 17,993 March 31, December 31, 2023 2022 $ Change (in thousands) Gross contract liabilities $ 33,195 $ 32,648 $ 547 Less: reclassification to contract assets ( 33,195 ) ( 15,548 ) ( 17,647 ) Contract liabilities $ — $ 17,100 $ ( 17,100 ) Contract assets increased by $ 18.0 million from December 31, 2022 to March 31, 2023 due to an increase in unbilled production during the three months ended March 31, 2023 . Contract liabilities, net of the amounts reclassed to contract assets decreased by $ 17.1 million from December 31, 2022 to March 31, 2023. For the three months ended March 31, 2023 , we recognized $ 17.1 million of revenue related to customer advances, 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 March 31, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations to be satisfied in future periods was approximately $ 1.3 billion. This total transaction price excludes approximately $ 22.5 million of variable consideration related to one of our customer supply agreements, which has been constrained primarily due to uncertainty associated with production volume during the remaining term. Had the variable consideration not been constrained, approximately $ 9.7 million of the $ 22.5 million revenue would have been recognized as of March 31, 2023. We estimate the constraint will be resolved in subsequent periods when our customer provides additional information relevant to forecasted future production. We estimate that we will recognize the remaining performance obligations as revenue as follows: $ % of Total (in thousands) Year Ending December 31, Remainder of 2023 $ 932,311 69.4 % 2024 311,021 23.1 2025 101,189 7.5 Total remaining performance obligations $ 1,344,521 100 % For the three months ended March 31, 2023 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 4.3 million. For the three months ended March 31, 2022 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 6.6 million. The decrease for the three months ended March 31, 2023 primarily relates 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	3 Months Ended
	Mar. 31, 2023
Risks and Uncertainties [Abstract]
Significant Risks and Uncertainties	Note 5. 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 16, Concentration of Customers . 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. If the prices for these commodities, energy, and logistics costs increase substantially, such elevated price levels could have a material impact on our results of operations. In January 2024, we will be required to start paying dividends quarterly in cash to the holders of our Series A Preferred Stock ("the Series A Preferred Stockholders"). In August 2022, the United States (U.S.) Congress passed the Inflation Reduction Act of 2022 (IRA) which effectively extended the Production Tax Credit (PTC) until the later of 2032 or when greenhouse gas emissions have been reduced by 75 % compared to 2022. In addition, a new advanced manufacturing production tax credit (AMPC) was created that can be claimed for the domestic production and sale of clean energy components, such as wind turbine blades. Although we are encouraged by the passing of the IRA and the expected long-term incentive certainty that the IRA provides in the U.S. market, the wind industry is waiting on guidance from the Internal Revenue Service (IRS) and U.S. Treasury Department, among others, to define and clarify the implementation of this complex legislation. We are also encouraged by the policy initiatives in the European Union (EU) and are closely watching the pace of implementation to drive their intended benefits for the wind industry. We expect 2023 to be a transition year while the industry awaits clarity around more robust policies in the EU. These policies include the Green Deal Industrial Plan that is expected to accelerate the expansion of renewable energy and green technologies, while building on previous initiatives such as the European Green Deal and REPowerEU. A key component of the Green Deal Industrial Plan is the Net-Zero Industry Act to simplify regulations, speed up permits and promote cross-border projects to accelerate climate neutrality. As the majority of our blades are installed in the U.S. and the EU, these policy trends are expected to have a material impact on our business and the pace of long-term revenue growth. We maintain our U.S. cash in bank deposit and money market mutual fund 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 2023 and 2022. U.S. money market mutual fund accounts are not guaranteed by the FDIC. At March 31, 2023 and December 31, 2022, we had $ 146.4 million and $ 124.4 million, respectively, of cash in bank deposit and money market mutual fund 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 March 31, 2023, this included $ 13.9 million in Türkiye, $ 1.8 million in India, $ 1.0 million in Mexico and $ 1.1 million in other countries. As of December 31, 2022 , this included $ 2.4 million in Türkiye, $ 4.7 million in India, $ 1.4 million in Mexico and $ 0.7 million in other countries. We have not experienced losses in these accounts. In addition, at March 31, 2023 and December 31, 2022, we had short-term deposits in interest bearing accounts in the U.S. of $ 8.8 million and $ 9.9 million, respectively, which are reported as restricted cash in our condensed consolidated balance sheets. In addition, at March 31, 2023 and December 31, 2022 , we had unrestricted cash and cash equivalents related to our discontinued operations of $ 1.4 million and $ 9.7 million, respectively.

Accrued Warranty

Accrued Warranty	3 Months Ended
	Mar. 31, 2023
Product Warranties Disclosures [Abstract]
Accrued Warranty	Note 6. Accrued Warranty The warranty accrual activity for the periods noted consisted of the following: Three Months Ended March 31, 2023 2022 (in thousands) Warranty accrual at beginning of period $ 22,347 $ 42,020 Accrual during the period 2,853 3,066 Cost of warranty services provided during the period ( 4,264 ) ( 8,314 ) Changes in estimate for pre-existing warranties, 2,037 2,171 Warranty accrual at end of period $ 22,973 $ 38,943

Long-Term Debt, Net of Current

Long-Term Debt, Net of Current Maturities	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	Note 7. Debt Long-term debt, net of current maturities, consisted of the following: March 31, December 31, 2023 2022 (in thousands) 5.25 % Convertible senior unsecured notes—U.S. $ 132,500 $ — Unsecured financing—EMEA 46,555 43,556 Secured and unsecured working capital—India 13,936 15,246 Equipment finance leases—Mexico 1,614 1,909 Equipment finance leases—EMEA 440 443 Other equipment finance leases 13 19 Total debt—principal 195,058 61,173 Less: Debt issuance costs ( 4,724 ) — Total debt, net of debt issuance costs 190,334 61,173 Less: Current maturities of long-term debt ( 61,624 ) ( 59,975 ) Long-term debt, net of current maturities $ 128,710 $ 1,198 Convertible Senior Unsecured Notes: Convertible Notes and Indenture In March 2023, we issued and sold an aggregate of $ 132.5 million principal amount of convertible senior unsecured notes due in 2028 (the Notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). The Notes consisted of a $ 115.0 million initial placement and an over-allotment option that provided the initial purchasers an option to purchase an additional $ 17.5 million principal amount of Notes, which was fully exercised. The net proceeds from the issuance of the Notes was $ 109.1 million, net of $ 4.8 million in debt issuance costs and $ 18.6 million in cash used to purchase the capped call transactions discussed below. The debt issuance costs are amortized to interest expense over the term of the Notes. The Notes were issued pursuant to an Indenture, dated March 3, 2023 (the Indenture), between the Company and U.S. Bank Trust Company, National Association, as trustee. The Indenture includes customary covenants and sets forth certain events of default after which the Notes may be declared immediately due and payable and sets forth certain types of bankruptcy or insolvency events of default involving the Company after which the Notes become automatically due and payable. The Notes do not contain any specific financial covenants. The Notes bear interest at a rate of 5.25 % per year, payable semiannually in arrears on March 15 and September 15 of each year, beginning on September 15, 2023. The Notes will mature on March 15, 2028, unless earlier converted, redeemed, or repurchased. The Notes are convertible into cash, shares of the Company’s common stock, par value $ 0.01 per share (the Common Stock) or a combination of cash and shares of Common Stock, at the Company’s election, at an initial conversion rate of 66.5425 shares of Common Stock per $ 1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $ 15.03 per share of Common Stock. The conversion rate is subject to adjustment under certain circumstances in accordance with the terms of the Indenture. Before September 15, 2027, noteholders will have the right to convert all or any portion of their Notes, in multiples of $ 1,000 principal amounts, only under the following circumstances: • during any calendar quarter commencing after the calendar quarter ending on June 30, 2023, if the last reported sale price of our Common Stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter, is greater than or equal to 130 % of the applicable conversion price of the Notes on each such trading day; • during the five business day period immediately after any five consecutive trading day period in which the trading price per $ 1,000 principal amount of the Notes for each day of five consecutive trading day period was less than 98% of the product of the last reported sale price of our Common Stock and the applicable conversion rate of the Notes on such trading day; • on a notice of redemption, at any time prior to the close of business on the scheduled trading day immediately preceding the redemption date, in which case we may be required to increase the conversion rate for the Notes so surrendered for conversion in connection with such redemption notice; or • on the occurrence of specified corporate events. On or after September 15, 2027 , the Notes are convertible at the option of the noteholders at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date. The Company may not redeem the Notes prior to March 20, 2026. The Company may redeem for cash all or any portion of the Notes, at its option, on or after March 20, 2026 and prior to the 51st scheduled trading day immediately preceding the maturity date, if the last reported sale price of the Common Stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Notes, which means that the Company is not required to redeem or retire the Notes periodically. We accounted for the issuance of the Notes as a single liability measured at its amortized cost, as no other embedded features require bifurcation and recognition as derivatives. In connection with the issuance and sale of the Notes, the Series A Preferred Stockholders agreed to waive compliance with all covenants under the Certificate of Designations with respect to the Company’s sale and issuance of the Notes and the Company’s planned capital expenditures and incurrence of additional indebtedness of up to $ 17.0 million to acquire wind turbines that will provide renewable energy for our manufacturing facilities in Türkiye. Capped Call Transactions On February 28, 2023, in connection with the pricing of the Notes, the Company entered into privately negotiated capped call transactions (the Base Capped Call Transactions) with certain initial purchasers of the Notes or their respective affiliates and certain other financial institutions (the Option Counterparties). On March 1, 2023, in connection with the initial purchasers’ exercise of their option to purchase additional Notes, the Company entered into additional privately negotiated capped call transactions with the Option Counterparties (the Additional Capped Call Transactions, and with the Base Capped Call Transactions, the Capped Call Transactions). The Capped Call Transactions initially cover, subject to customary anti-dilution adjustments, the number of shares of the Common Stock that underlie the Notes. The Capped Call Transactions are expected generally to reduce or offset the potential dilution to the Common Stock upon conversion of any Notes and/or offset any potential cash payments the Company is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap. The initial cap price of the Capped Call Transactions was $ 23.12 per share, which represents a premium of 100 % over the reported sale price of the Common Stock on The Nasdaq Global Market of $ 11.56 per share on February 28, 2023, and is subject to certain adjustments under the terms of the capped call transactions. The cost of the Capped Call Transactions was $ 18.6 million and was recorded as a reduction to our additional paid-in-capital in our condensed consolidated balance sheets. The Capped Call Transactions will not be remeasured as long as they continue to meet the conditions for equity classification. As of March 31, 2023, the Capped Call Transactions were out-of-the-money.

Share-Based Compensation Plans

Share-Based Compensation Plans	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Note 8. Share-Based Compensation Plans During the three months ended March 31, 2023 , we issued to certain employees an aggregate of 704,044 timed-based restricted stock units (RSUs), 91,338 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, 2023 through December 31, 2025, 121,710 PSUs that vest upon achievement of certain cumulative total shareholder return (TSR) targets measured from January 1, 2023 through December 31, 2025 and 16,026 stock options. 169,325 of the time-based RSUs vest over a two-year period with 50 % on the first and second anniversary of the grant date, respectively, and 534,718 of the time-based RSUs vest over a three-year period with 25 % of the RSUs vesting on the first and second anniversary of the grant date, and 50 % vesting on the third anniversary of the grant date. 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. The share-based compensation expense recognized in the condensed consolidated statements of operations was as follows: Three Months Ended March 31, 2023 2022 (in thousands) Cost of goods sold $ 73 $ 663 General and administrative expenses 2,480 2,420 Total share-based compensation expense $ 2,553 $ 3,083 The share-based compensation expense recognized by award type was as follows: Three Months Ended March 31, 2023 2022 (in thousands) RSUs $ 2,049 $ 2,614 Stock options 154 165 PSUs 350 304 Total share-based compensation expense $ 2,553 $ 3,083

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Note 9. 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 March 31, 2023 2022 (in thousands) Total operating lease cost $ 10,025 $ 10,162 Finance lease cost Amortization of assets under finance leases $ 1,009 $ 1,037 Interest on finance leases 33 110 Total finance lease cost $ 1,042 $ 1,147 Total lease assets and liabilities were as follows: March 31, December 31, 2023 2022 (in thousands) Operating Leases Operating lease right of use assets $ 147,944 $ 152,312 Current operating lease liabilities $ 22,591 $ 22,220 Noncurrent operating lease liabilities 129,753 133,363 Total operating lease liabilities $ 152,344 $ 155,583 Finance Leases Property, plant and equipment, gross $ 36,190 $ 35,948 Less: accumulated depreciation ( 25,338 ) ( 24,272 ) Total property, plant and equipment, net $ 10,852 $ 11,676 Current maturities of long-term debt $ 1,133 $ 1,174 Long-term debt, net of current maturities 934 1,197 Total finance lease liabilities $ 2,067 $ 2,371 Future minimum lease payments under noncancelable leases as of March 31, 2023 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2023 $ 25,799 $ 831 2024 31,835 856 2025 31,279 490 2026 30,128 20 2027 25,906 — Thereafter 51,403 — Total future minimum lease payments 196,350 2,197 Less: interest ( 44,006 ) ( 130 ) Total lease liabilities $ 152,344 $ 2,067 Supplemental cash flow information related to leases was as follows: Three Months Ended March 31, 2023 2022 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 9,297 $ 8,463 Operating cash flows from finance leases 33 110 Financing cash flows from finance leases 578 1,545 Other information related to leases was as follows: March 31, December 31, 2023 2022 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.3 6.4 Finance leases 2.2 2.1 Weighted-Average Discount Rate: Operating leases 8.4 % 8.3 % Finance leases 6.3 % 6.4 % As of March 31, 2023 , we have an additional lease related to our corporate office space totaling approximately $ 3 million which has not yet commenced, but which we expect will commence in the fourth quarter of 2023 with an initial term of approximately 7.5 years.

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Note 10. 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. 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 Other Comprehensive Statement of Operations March 31, Loss Component Line Item 2023 2022 (in thousands) Foreign exchange forward Cost of sales $ — $ ( 640 )

Restructuring Charges, Net

Restructuring Charges, Net	3 Months Ended
	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring Charges, Net	Note 11. Restructuring Charges, Net The following is a summary of our restructuring charges, net for the periods presented: Three Months Ended March 31, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ ( 25 ) $ 100 $ — $ 75 Other restructuring costs — — — — Total restructuring charges, net $ ( 25 ) $ 100 $ — $ 75 Three Months Ended March 31, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ 44 $ 266 $ — $ 310 Other restructuring costs 147 — — 147 Total restructuring charges, net $ 191 $ 266 $ — $ 457 The following is a summary of our restructuring liability activity for the periods presented: U.S. Mexico EMEA Total (in thousands) Balance at December 31, 2022 $ 457 $ — $ 30 $ 487 Restructuring charges, net ( 25 ) 100 — 75 Payments ( 432 ) ( 100 ) ( 27 ) ( 559 ) Balance at March 31, 2023 $ — $ — $ 3 $ 3 There was no material restructuring activity for our India segment for the three months ended March 31, 2023 and 2022.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 12. Income Taxes For the three months ended March 31, 2023 , we reported an income tax provision of $ 3.9 million as compared to an income tax provision of $ 2.9 million in the comparative prior year period. The increase during the three months ended March 31, 2023, resulted primarily from the change in the mix of earnings of foreign jurisdictions. No changes in tax law occurred during the three months ended March 31, 2023 , 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	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Net Loss Per Common Share	Note 13. Net Loss Per Common Share The following table sets forth the computation of basic and diluted net loss per common share: Three Months Ended March 31, 2023 2022 (in thousands, except per share data) Numerator: Net loss from continuing operations $ ( 15,146 ) $ ( 11,392 ) Preferred stock dividends and accretion ( 15,173 ) ( 14,132 ) Net loss from continuing operations attributable to common stockholders ( 30,319 ) ( 25,524 ) Net loss from discontinued operations ( 6,981 ) ( 4,408 ) Net loss attributable to common stockholders $ ( 37,300 ) $ ( 29,932 ) Denominator: Basic weighted-average shares outstanding 42,284 41,899 Effect of dilutive awards — — Diluted weighted-average shares outstanding 42,284 41,899 Loss from continuing operations per common share: Basic $ ( 0.72 ) $ ( 0.61 ) Diluted $ ( 0.72 ) $ ( 0.61 ) Loss from discontinued operations per common share: Basic $ ( 0.16 ) $ ( 0.10 ) Diluted $ ( 0.16 ) $ ( 0.10 ) Loss per common share: Basic $ ( 0.88 ) $ ( 0.71 ) Diluted $ ( 0.88 ) $ ( 0.71 ) Dilutive shares excluded from the calculation 631 474 Anti-dilutive share-based compensation awards 69 429 We use the if-converted method for calculating any potential dilutive effect of the Notes on diluted net loss per common share. The Notes would have a diluted impact on net income per share when the average price of our Common Stock for a given period exceeds the respective conversion price of the Notes. During the three months ended March 31, 2023, we had 8,816,881 potentially issuable shares of Common Stock related to our Notes that were not included in the computation of diluted net loss per common share as the effect of including these shares in the calculation would have been anti-dilutive.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Stockholders Equity	Note 14. Stockholders’ Equity Accumulated Other Comprehensive Loss The following tables presents the changes in accumulated other comprehensive loss (AOCL) by component: Three Months Ended March 31, 2023 Foreign Foreign currency exchange translation forward Total adjustments contracts AOCL (in thousands) Balance at December 31, 2022 $ ( 10,845 ) $ ( 4,542 ) $ ( 15,387 ) Other comprehensive income before reclassifications 2,010 — 2,010 Amounts reclassified from AOCL — — — Net tax effect — — — Net current period other comprehensive income 2,010 — 2,010 Balance at March 31, 2023 $ ( 8,835 ) $ ( 4,542 ) $ ( 13,377 ) Three Months Ended March 31, 2022 Foreign Foreign currency exchange translation forward Total adjustments contracts AOCL (in thousands) Balance at December 31, 2021 $ ( 48,530 ) $ ( 5,476 ) $ ( 54,006 ) Other comprehensive income before reclassifications 43,369 3,345 46,714 Amounts reclassified from AOCL — ( 640 ) ( 640 ) Net tax effect — — — Net current period other comprehensive income 43,369 2,705 46,074 Balance at March 31, 2022 $ ( 5,161 ) $ ( 2,771 ) $ ( 7,932 )

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 15. 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. Collective Bargaining Agreements Certain of our associates in Türkiye and Matamoros, Mexico are covered by collective bargaining agreements. Our collective bargaining agreement with our associates in Türkiye was in effect through the end of 2022. We are in the process of negotiating an amendment to this agreement for 2023. We have separate collective bargaining agreements for each of our Matamoros, Mexico manufacturing facilities. We amended a collective bargaining agreement at one of our Matamoros, Mexico manufacturing facilities, and this collective bargaining agreement is in effect through March 2025. We have a collective bargaining agreement for our other facility in Matamoros, Mexico that we took over from Nordex, which was in effect through April 2023, and we are in the process of negotiating an amendment to this agreement.

Concentration of Customers

Concentration of Customers	3 Months Ended
	Mar. 31, 2023
Risks and Uncertainties [Abstract]
Concentration of Customers	Note 16. 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 March 31, 2023 2022 Customer Net sales % of T otal Net sales % of T otal Vestas $ 143,662 35.6 % $ 127,475 37.1 % Nordex 139,009 34.4 114,466 33.3 GE 81,256 20.1 57,319 16.7 Trade accounts receivable from certain customers in excess of 10 percent of our total consolidated trade accounts receivable are as follows: March 31, December 31, 2023 2022 Customer % of Total % of Total Nordex 63.3 % 65.2 % Enercon 13.8 10.9

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	Note 17. Segment Reporting Our operating segments are defined geographically into four geographic operating segments—(1) the U.S., (2) Mexico, (3) Europe, the Middle East and Africa (EMEA) and (4) India. For a detailed discussion of our operating segments, refer to the discussion in Note 22, Segment Reporting , to the Notes to Consolidated Financial Statements within our Annual Report on Form 10-K for the year ended December 31, 2022. Our U.S. and India segments operate in the U.S. dollar. Our Mexico segment operates in its local currency and includes a U.S. parent company that operates in the U.S. dollar. Our EMEA segment operates in the Euro, effective January 1, 2022. Prior to this, our EMEA segment operated in the Turkish Lira. The following tables set forth certain information regarding each of our segments: Three Months Ended March 31, 2023 2022 (in thousands) Net sales by segment: U.S. $ 15,620 $ 21,557 Mexico 154,640 130,396 EMEA 167,513 149,685 India 66,293 41,887 Total net sales $ 404,066 $ 343,525 Net sales by geographic location: United States $ 15,620 $ 21,557 Mexico 154,640 130,396 Türkiye 167,118 149,466 Spain 395 219 India 66,293 41,887 Total net sales $ 404,066 $ 343,525 Income (loss) from continuing operations: U.S. (1) $ ( 5,729 ) $ ( 8,002 ) Mexico ( 21,701 ) ( 23,704 ) EMEA 15,668 23,617 India 3,765 ( 109 ) Total loss from continuing operations $ ( 7,997 ) $ ( 8,198 ) March 31, December 31, 2023 2022 (in thousands) Property, plant and equipment, net: U.S. $ 22,370 $ 23,076 Mexico 53,190 56,495 EMEA 26,380 27,005 India 29,147 30,265 Total property, plant and equipment, net $ 131,087 $ 136,841 (1) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 7.0 million for the three months ended March 31, 2023 , and $ 7.9 million in the comparative prior year period.

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2023
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, 2022 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 March 31, 2023, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three months ended March 31, 2023 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 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. We adopted this standard on January 1, 2023, except for the roll forward requirement, which becomes effective January 1, 2024, and it did not have a material impact on our condensed consolidated financial statements. The Company has determined that no other recent accounting pronouncements apply to our operations or could otherwise have a material impact on our consolidated financial statements.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule Of discontinued major classes of assets and liabilities	The following table presents the carrying amounts of major classes of assets and liabilities that were included in discontinued operations: March 31, December 31, 2023 2022 (in thousands) Cash and cash equivalents $ 1,385 $ 9,669 Accounts receivable 3,575 2,716 Prepaid expenses 4,937 1,877 Inventories 169 1,501 Property, plant and equipment, net 10,471 17,678 Other classes of assets that are not major 2,155 1,741 Total assets of discontinued operations $ 22,692 $ 35,182 Accounts payable and accrued expenses $ 7,422 $ 26,942 Accrued restructuring 7,942 17,764 Operating lease liabilities — 9,524 Other classes of liabilities that are not major 210 210 Total liabilities of discontinued operations $ 15,574 $ 54,440
Schedule Of discontinued operations income statement	The following table presents the components of net income (loss) from discontinued operations: Three Months Ended March 31, 2023 2022 (In thousands) Net sales $ 2,167 $ 41,345 Cost of sales 5,736 38,533 Startup and transition costs — 5,466 Total cost of goods sold 5,736 43,999 Gross profit (loss) ( 3,569 ) ( 2,654 ) Loss on sale of assets and asset impairments 2,177 51 Restructuring charges, net 1,458 1,936 Loss from discontinued operations ( 7,204 ) ( 4,641 ) Other income (expense): Interest income (expense), net 39 ( 62 ) Foreign currency loss ( 1,035 ) ( 193 ) Miscellaneous income 1,219 488 Total other income 223 233 Loss before income taxes ( 6,981 ) ( 4,408 ) Income tax benefit (provision) — — Net loss from discontinued operations $ ( 6,981 ) $ ( 4,408 )
Summarized of cash flows from discontinued operations	The following table presents summarized cash flows from discontinued operations: Three Months Ended March 31, 2023 2022 (in thousands) Net cash used in operating activities from discontinued operations $ ( 8,067 ) $ ( 14,342 ) Net cash used in investing activities from discontinued operations ( 185 ) ( 973 ) Additional non-cash items related to operating activities from discontinued operations: Depreciation and amortization — 1,986 Share-based compensation expense 115 226 The following is a summary of our restructuring liability activity related to discontinued operations for the periods presented: Severance Other Total (in thousands) Balance at December 31, 2022 $ 15,757 $ 2,007 $ 17,764 Restructuring charges, net ( 17 ) 1,475 1,458 Payments ( 9,184 ) ( 2,096 ) ( 11,280 ) Balance at March 31, 2023 $ 6,556 $ 1,386 $ 7,942

Revenue From Contracts with C_2

Revenue From Contracts with Customers (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 154,462 $ 166,837 $ 66,293 $ 387,592 Automotive sales 10,261 — — — 10,261 Field service, inspection and 5,359 178 676 — 6,213 Total net sales $ 15,620 $ 154,640 $ 167,513 $ 66,293 $ 404,066 Three Months Ended March 31, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 99 $ 130,396 $ 149,404 $ 41,887 $ 321,786 Automotive sales 12,857 — — — 12,857 Field service, inspection and 8,601 — 281 — 8,882 Total net sales $ 21,557 $ 130,396 $ 149,685 $ 41,887 $ 343,525
Summary of Contract Assets and Contract Liabilities	Contract assets and contract liabilities consisted of the following: March 31, December 31, 2023 2022 $ Change (in thousands) Gross contract assets $ 267,127 $ 231,487 $ 35,640 Less: reclassification from contract liabilities ( 33,195 ) ( 15,548 ) ( 17,647 ) Contract assets $ 233,932 $ 215,939 $ 17,993 March 31, December 31, 2023 2022 $ Change (in thousands) Gross contract liabilities $ 33,195 $ 32,648 $ 547 Less: reclassification to contract assets ( 33,195 ) ( 15,548 ) ( 17,647 ) Contract liabilities $ — $ 17,100 $ ( 17,100 )
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 2023 $ 932,311 69.4 % 2024 311,021 23.1 2025 101,189 7.5 Total remaining performance obligations $ 1,344,521 100 %

Accrued Warranty (Tables)

Accrued Warranty (Tables)	3 Months Ended
	Mar. 31, 2023
Product Warranties Disclosures [Abstract]
Schedule of Warranty Accrual Activity	The warranty accrual activity for the periods noted consisted of the following: Three Months Ended March 31, 2023 2022 (in thousands) Warranty accrual at beginning of period $ 22,347 $ 42,020 Accrual during the period 2,853 3,066 Cost of warranty services provided during the period ( 4,264 ) ( 8,314 ) Changes in estimate for pre-existing warranties, 2,037 2,171 Warranty accrual at end of period $ 22,973 $ 38,943

Long-Term Debt, Net of Curren_2

Long-Term Debt, Net of Current Maturities (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt, Net of Current Maturities	Long-term debt, net of current maturities, consisted of the following: March 31, December 31, 2023 2022 (in thousands) 5.25 % Convertible senior unsecured notes—U.S. $ 132,500 $ — Unsecured financing—EMEA 46,555 43,556 Secured and unsecured working capital—India 13,936 15,246 Equipment finance leases—Mexico 1,614 1,909 Equipment finance leases—EMEA 440 443 Other equipment finance leases 13 19 Total debt—principal 195,058 61,173 Less: Debt issuance costs ( 4,724 ) — Total debt, net of debt issuance costs 190,334 61,173 Less: Current maturities of long-term debt ( 61,624 ) ( 59,975 ) Long-term debt, net of current maturities $ 128,710 $ 1,198

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 2022 (in thousands) Cost of goods sold $ 73 $ 663 General and administrative expenses 2,480 2,420 Total share-based compensation expense $ 2,553 $ 3,083
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 March 31, 2023 2022 (in thousands) RSUs $ 2,049 $ 2,614 Stock options 154 165 PSUs 350 304 Total share-based compensation expense $ 2,553 $ 3,083

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Components of Lease Cost	The components of lease cost were as follows: Three Months Ended March 31, 2023 2022 (in thousands) Total operating lease cost $ 10,025 $ 10,162 Finance lease cost Amortization of assets under finance leases $ 1,009 $ 1,037 Interest on finance leases 33 110 Total finance lease cost $ 1,042 $ 1,147
Schedule of Lease Assets and Liabilities	Total lease assets and liabilities were as follows: March 31, December 31, 2023 2022 (in thousands) Operating Leases Operating lease right of use assets $ 147,944 $ 152,312 Current operating lease liabilities $ 22,591 $ 22,220 Noncurrent operating lease liabilities 129,753 133,363 Total operating lease liabilities $ 152,344 $ 155,583 Finance Leases Property, plant and equipment, gross $ 36,190 $ 35,948 Less: accumulated depreciation ( 25,338 ) ( 24,272 ) Total property, plant and equipment, net $ 10,852 $ 11,676 Current maturities of long-term debt $ 1,133 $ 1,174 Long-term debt, net of current maturities 934 1,197 Total finance lease liabilities $ 2,067 $ 2,371
Schedule of Future Minimum Lease Payments under Noncancelable Leases	Future minimum lease payments under noncancelable leases as of March 31, 2023 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2023 $ 25,799 $ 831 2024 31,835 856 2025 31,279 490 2026 30,128 20 2027 25,906 — Thereafter 51,403 — Total future minimum lease payments 196,350 2,197 Less: interest ( 44,006 ) ( 130 ) Total lease liabilities $ 152,344 $ 2,067
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Three Months Ended March 31, 2023 2022 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 9,297 $ 8,463 Operating cash flows from finance leases 33 110 Financing cash flows from finance leases 578 1,545
Other Information Related to Leases	Other information related to leases was as follows: March 31, December 31, 2023 2022 Weighted-Average Remaining Lease Term (In Years): Operating leases 6.3 6.4 Finance leases 2.2 2.1 Weighted-Average Discount Rate: Operating leases 8.4 % 8.3 % Finance leases 6.3 % 6.4 %

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
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 Other Comprehensive Statement of Operations March 31, Loss Component Line Item 2023 2022 (in thousands) Foreign exchange forward Cost of sales $ — $ ( 640 )

Restructuring Charges, Net (Tab

Restructuring Charges, Net (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ ( 25 ) $ 100 $ — $ 75 Other restructuring costs — — — — Total restructuring charges, net $ ( 25 ) $ 100 $ — $ 75 Three Months Ended March 31, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ 44 $ 266 $ — $ 310 Other restructuring costs 147 — — 147 Total restructuring charges, net $ 191 $ 266 $ — $ 457
Summary of Restructuring Liability	The following is a summary of our restructuring liability activity for the periods presented: U.S. Mexico EMEA Total (in thousands) Balance at December 31, 2022 $ 457 $ — $ 30 $ 487 Restructuring charges, net ( 25 ) 100 — 75 Payments ( 432 ) ( 100 ) ( 27 ) ( 559 ) Balance at March 31, 2023 $ — $ — $ 3 $ 3

Net Loss Per Common Share (Tabl

Net Loss Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 2022 (in thousands, except per share data) Numerator: Net loss from continuing operations $ ( 15,146 ) $ ( 11,392 ) Preferred stock dividends and accretion ( 15,173 ) ( 14,132 ) Net loss from continuing operations attributable to common stockholders ( 30,319 ) ( 25,524 ) Net loss from discontinued operations ( 6,981 ) ( 4,408 ) Net loss attributable to common stockholders $ ( 37,300 ) $ ( 29,932 ) Denominator: Basic weighted-average shares outstanding 42,284 41,899 Effect of dilutive awards — — Diluted weighted-average shares outstanding 42,284 41,899 Loss from continuing operations per common share: Basic $ ( 0.72 ) $ ( 0.61 ) Diluted $ ( 0.72 ) $ ( 0.61 ) Loss from discontinued operations per common share: Basic $ ( 0.16 ) $ ( 0.10 ) Diluted $ ( 0.16 ) $ ( 0.10 ) Loss per common share: Basic $ ( 0.88 ) $ ( 0.71 ) Diluted $ ( 0.88 ) $ ( 0.71 ) Dilutive shares excluded from the calculation 631 474 Anti-dilutive share-based compensation awards 69 429

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following tables presents the changes in accumulated other comprehensive loss (AOCL) by component: Three Months Ended March 31, 2023 Foreign Foreign currency exchange translation forward Total adjustments contracts AOCL (in thousands) Balance at December 31, 2022 $ ( 10,845 ) $ ( 4,542 ) $ ( 15,387 ) Other comprehensive income before reclassifications 2,010 — 2,010 Amounts reclassified from AOCL — — — Net tax effect — — — Net current period other comprehensive income 2,010 — 2,010 Balance at March 31, 2023 $ ( 8,835 ) $ ( 4,542 ) $ ( 13,377 ) Three Months Ended March 31, 2022 Foreign Foreign currency exchange translation forward Total adjustments contracts AOCL (in thousands) Balance at December 31, 2021 $ ( 48,530 ) $ ( 5,476 ) $ ( 54,006 ) Other comprehensive income before reclassifications 43,369 3,345 46,714 Amounts reclassified from AOCL — ( 640 ) ( 640 ) Net tax effect — — — Net current period other comprehensive income 43,369 2,705 46,074 Balance at March 31, 2022 $ ( 5,161 ) $ ( 2,771 ) $ ( 7,932 )

Concentration of Customers (Tab

Concentration of Customers (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 2022 Customer Net sales % of T otal Net sales % of T otal Vestas $ 143,662 35.6 % $ 127,475 37.1 % Nordex 139,009 34.4 114,466 33.3 GE 81,256 20.1 57,319 16.7
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: March 31, December 31, 2023 2022 Customer % of Total % of Total Nordex 63.3 % 65.2 % Enercon 13.8 10.9

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables set forth certain information regarding each of our segments: Three Months Ended March 31, 2023 2022 (in thousands) Net sales by segment: U.S. $ 15,620 $ 21,557 Mexico 154,640 130,396 EMEA 167,513 149,685 India 66,293 41,887 Total net sales $ 404,066 $ 343,525 Net sales by geographic location: United States $ 15,620 $ 21,557 Mexico 154,640 130,396 Türkiye 167,118 149,466 Spain 395 219 India 66,293 41,887 Total net sales $ 404,066 $ 343,525 Income (loss) from continuing operations: U.S. (1) $ ( 5,729 ) $ ( 8,002 ) Mexico ( 21,701 ) ( 23,704 ) EMEA 15,668 23,617 India 3,765 ( 109 ) Total loss from continuing operations $ ( 7,997 ) $ ( 8,198 ) March 31, December 31, 2023 2022 (in thousands) Property, plant and equipment, net: U.S. $ 22,370 $ 23,076 Mexico 53,190 56,495 EMEA 26,380 27,005 India 29,147 30,265 Total property, plant and equipment, net $ 131,087 $ 136,841 (1) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 7.0 million for the three months ended March 31, 2023 , and $ 7.9 million in the comparative prior year period.

Significant Accounting Polici_2

Significant Accounting Policies (Additional Information) (Details) $ in Millions	Jan. 01, 2022 USD ($)
Turkish Member [Member]
Non monetary assets and liabilities amount	$ 44.9

Discontinued Operations - Disco

Discontinued Operations - Discontinued Operations - Schedule Of discontinued major classes of assets and liabilities (Details) - Discontinued Operations - USD ($) $ in Thousands (Details) - Segment Discontinued Operations [Member] - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents	$ 1,385	$ 9,669
Accounts receivable	3,575	2,716
Prepaid expenses	4,937	1,877
Inventories	169	1,501
Property, plant and equipment, net	10,471	17,678
Other classes of assets that are not major	2,155	1,741
Total assets of discontinued operations	22,692	35,182
Accounts payable and accrued expenses	7,422	26,942
Accrued restructuring	7,942	17,764
Operating lease liabilities	0	9,524
Other classes of liabilities that are not major	210	210
Total liabilities of discontinued operations	$ 15,574	$ 54,440

Discontinued Operations - Sched

Discontinued Operations - Schedule Of Components Of Net Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 404,066	$ 343,525
Cost of sales	399,381	332,421
Startup and transition costs	1,980	10,077
Total cost of goods sold	401,361	342,498
Gross profit	2,705	1,027
General and administrative expenses	7,034	7,860
Loss on sale of assets and asset impairments	3,593	908
Restructuring Charges	75	457
Loss from continuing operations	(7,997)	(8,198)
Other income (expense):
Foreign Currency Transaction Gain (Loss), before Tax	(1,214)	403
Nonoperating Income (Expense)	(3,289)	(250)
Other Nonoperating Income	453	54
Loss before income taxes	(11,286)	(8,448)
Income tax benefit (provision)	3,860	2,944
Net loss from discontinued operations	(6,981)	(4,408)
Segment Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	2,167	41,345
Cost of sales	5,736	38,533
Startup and transition costs	0	5,466
Total cost of goods sold	5,736	43,999
Gross profit	(3,569)	(2,654)
Loss on sale of assets and asset impairments	2,177	51
Restructuring Charges	1,458	1,936
Loss from continuing operations	(7,204)	(4,641)
Other income (expense):
Interest income (expense), net	39	(62)
Foreign Currency Transaction Gain (Loss), before Tax	(1,035)	(193)
Nonoperating Income (Expense)	223	233
Other Nonoperating Income	1,219	488
Loss before income taxes	(6,981)	(4,408)
Income tax benefit (provision)	0	0
Net loss from discontinued operations	$ (6,981)	$ (4,408)

Discontinued Operations - Sch_2

Discontinued Operations - Schedule of Discontinued Operations Cash Flow Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Share-based compensation expense	$ 2,668	$ 3,309
Segment Discontinued Operations [Member]
Net cash used in operating activities from discontinued operations	(8,067)	(14,342)
Net cash used in investing activities from discontinued operations	(185)	(973)
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Depreciation and amortization	0	1,986
Share-based compensation expense	$ 115	$ 226

Discontinued Operations - Sch_3

Discontinued Operations - Schedule of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	$ 487
Restructuring charges, net	0	$ 147
Payments	(559)
Balance at March 31, 2022	3
Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	17,764
Restructuring charges, net	1,458
Payments	(11,280)
Balance at March 31, 2022	7,942
Employee Severance Member | Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	15,757
Restructuring charges, net	(17)
Payments	(9,184)
Balance at March 31, 2022	6,556
Other Restructuring Member | Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	2,007
Restructuring charges, net	1,475
Payments	(2,096)
Balance at March 31, 2022	$ 1,386

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
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation Of Revenue [Line Items]
Net sales	$ 404,066	$ 343,525
U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	15,620	21,557
Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	154,640	130,396
EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	167,513	149,685
India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	66,293	41,887
Wind Blade, Tooling and Other Wind Related Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	387,592	321,786
Wind Blade, Tooling and Other Wind Related Sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	99
Wind Blade, Tooling and Other Wind Related Sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	154,462	130,396
Wind Blade, Tooling and Other Wind Related Sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	166,837	149,404
Wind Blade, Tooling and Other Wind Related Sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	66,293	41,887
Automotive sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,261	12,857
Automotive sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	10,261	12,857
Automotive sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0
Automotive sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0
Automotive sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0
Field Service, Inspection and Repair Services Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	6,213	8,882
Field Service, Inspection and Repair Services Sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	5,359	8,601
Field Service, Inspection and Repair Services Sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	178	0
Field Service, Inspection and Repair Services Sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	676	281
Field Service, Inspection and Repair Services Sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 0	$ 0

Revenue From Contracts with C_4

Revenue From Contracts with Customers - Summary of Contract Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Gross contract assets	$ 267,127	$ 231,487
Less: reclassification from contract liabilities	(33,195)	(15,548)
Contract assets	233,932	$ 215,939
Gross contract assets, Change	35,640
Less: reclassification from contract liabilities, Change	(17,647)
Contract assets, Change	$ 17,993

Revenue From Contracts with C_5

Revenue From Contracts with Customers - Summary of Contract Liabilities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Gross contract liabilities	$ 33,195	$ 32,648
Less: reclassification to contract assets	(33,195)	(15,548)
Contract liabilities	0	$ 17,100
Gross contract liabilities, Change	547
Less: reclassification to contract assets, Change	(17,647)
Contract liabilities, Change	$ (17,100)

Revenue From Contracts with C_6

Revenue From Contracts with Customers - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue from Contracts with Customers [Line Items]
Increase in contract assets	$ 17,993
Decrease in contract liabilities	(17,100)
Transaction price allocated to remaining performance obligations to be satisfied in future periods	1,344,521
Constraint on variable consideration	22,500
Revenue recognized	9,700
Net revenue recognized from performance obligations satisfied in previous periods, decrease amount	(4,300)	$ (6,600)
Precision Molding And Assembly Systems And Wind Blades [Member]
Revenue from Contracts with Customers [Line Items]
Contract liability revenue recognized	$ 17,100

Revenue From Contracts with C_7

Revenue From Contracts with Customers - Schedule of Estimate to Recognize Remaining Performance Obligations as Revenue (Detail) $ in Thousands	Mar. 31, 2023 USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 1,344,521
% of Total remaining performance obligations	100%
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	$ 932,311
% of Total remaining performance obligations	69.40%
Remaining performance obligations, expected timing of satisfaction period	3 months
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	$ 311,021
% of Total remaining performance obligations	23.10%
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	$ 101,189
% of Total remaining performance obligations	7.50%
Remaining performance obligations, expected timing of satisfaction period	1 year

Significant Risks and Uncerta_2

Significant Risks and Uncertainties - Additional Information (Detail) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Reduced production tax credit	75%
Cash in short-term deposits in interest bearing accounts	$ 8,793,000	$ 9,854,000
Cash and Cash Equivalents, at Carrying Value, Total	164,231,000	133,546,000	$ 120,275,000	$ 216,236,000
U.S. [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	146,400,000	124,400,000
Cash in short-term deposits in interest bearing accounts	8,800,000	9,900,000
U.S. [Member] | Maximum [Member]
Concentration Risk [Line Items]
Cash deposit insured amount		250,000		$ 250,000
Turkey [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	13,900,000	2,400,000
Mexico [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	1,000,000	1,400,000
India [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	1,800,000	4,700,000
Other Countries [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	1,100,000	700,000
Unrestricted Cash [Member] | Segment Discontinued Operations [Member] | Other Countries [Member]
Concentration Risk [Line Items]
Cash and Cash Equivalents, at Carrying Value, Total	$ 1,400,000	$ 9,700,000

Accrued Warranty - Schedule of

Accrued Warranty - Schedule of Warranty Accrual Activity (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Product Warranties Disclosures [Abstract]
Warranty accrual at beginning of period	$ 22,347	$ 42,020
Accrual during the period	2,853	3,066
Cost of warranty services provided during the period	(4,264)	(8,314)
Changes in estimate for pre-existing warranties, including expirations during the period and foreign exchange impact	2,037	2,171
Warranty accrual at end of period	$ 22,973	$ 38,943

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	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 195,058	$ 61,173
Debts issuance cost	(4,724)	0
Less: Current maturities of long-term debt	(61,624)	(59,975)
Long-Term Debt, Total	190,334	61,173
Long-term debt, net of current maturities	128,710	1,198
Unsecured Financing [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	46,555	43,556
Convertible Senior Unsecured Notes [Member] | U.S. [Member]
Debt Instrument [Line Items]
Total long-term debt	132,500	0
Secured And Unsecured Working Capital Loans [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	13,936	15,246
Equipment Finance Lease [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	440	443
Equipment Finance Lease [Member] | Mexico [Member]
Debt Instrument [Line Items]
Total long-term debt	1,614	1,909
Other Equipment Finance Lease [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 13	$ 19

Long Term Debt Net of Debt Issu

Long Term Debt Net of Debt Issuance - Schedule of Long-Term Debt, Net of Debt Issuance Costs and Current Maturities (Parenthetical) (Details)	Mar. 31, 2023
Debt Disclosure [Abstract]
Convertible senior unsecured notes	5.25%

Long-Term Debt, Net of Curren_4

Long-Term Debt, Net of Current Maturities - Additional Information (Detail) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Feb. 28, 2023 $ / shares	Mar. 31, 2023 USD ($) Days $ / shares	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($) $ / shares
Debt Instrument [Line Items]
Debts issuance cost		$ 4,724		$ 0
Common stock, par value | $ / shares		$ 0.01		$ 0.01
Cost of the Capped Call Transactions		$ (18,590)
Additional indebtedness		17,000
Capped Call Transactions [Member]
Debt Instrument [Line Items]
Cost of the Capped Call Transactions		18,600
Cap price of the Capped Call Transactions per share | $ / shares	$ 11.56
Senior Secured Notes Due Twenty Twenty Eight Member
Debt Instrument [Line Items]
Principal amount of convertible senior unsecured notes		132,500
Principal amount of convertible senior unsecured notes		1,000	$ 1,000
Debt instrument additional face amount		17,500
Net proceeds from issuance of the Notes net of issuance cost		109,100
Debts issuance cost		4,800
Cash used to purchase the capped call transactions		$ 18,600
Debt instrument, interest per annum		5.25%
Debt Instrument Description		The Notes bear interest at a rate of 5.25% per year, payable semiannually in arrears on March 15 and September 15 of each year, beginning on September 15, 2023. The Notes will mature on March 15, 2028, unless earlier converted, redeemed, or repurchased.
Common stock, par value | $ / shares		$ 0.01
Initial conversion rate per share		66.5425%
Notes conversion features		Before September 15, 2027, noteholders will have the right to convert all or any portion of their Notes, in multiples of $1,000 principal amounts, only under the following circumstances:•during any calendar quarter commencing after the calendar quarter ending on June 30, 2023, if the last reported sale price of our Common Stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter, is greater than or equal to 130% of the applicable conversion price of the Notes on each such trading day;•during the five business day period immediately after any five consecutive trading day period in which the trading price per $1,000 principal amount of the Notes for each day of five consecutive trading day period was less than 98% of the product of the last reported sale price of our Common Stock and the applicable conversion rate of the Notes on such trading day;•on a notice of redemption, at any time prior to the close of business on the scheduled trading day immediately preceding the redemption date, in which case we may be required to increase the conversion rate for the Notes so surrendered for conversion in connection with such redemption notice; or•on the occurrence of specified corporate events.
Notes conversion period		Sep. 15, 2027
Minimum [Member] | Senior Secured Notes Due Twenty Twenty Eight Member
Debt Instrument [Line Items]
Initial conversion price of the Notes represents a premium percentage			130%
Notes trading days period | Days		20
Maximum [Member] | Senior Secured Notes Due Twenty Twenty Eight Member
Debt Instrument [Line Items]
Notes consecutive trading days threshold | Days		30
Common Stock [Member] | Capped Call Transactions [Member]
Debt Instrument [Line Items]
Initial conversion price of the Notes represents a premium percentage	100%
Cap price of the Capped Call Transactions per share | $ / shares	$ 23.12
Common Stock [Member] | Senior Secured Notes Due Twenty Twenty Eight Member
Debt Instrument [Line Items]
Principal amount of convertible senior unsecured notes		$ 1,000
Initial conversion price per share | $ / shares		$ 15.03
Private Placement and over-allotment [member] | Senior Secured Notes Due Twenty Twenty Eight Member
Debt Instrument [Line Items]
Principal amount of convertible senior unsecured notes		$ 115,000

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2023 shares
First And Second Anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	25%
Timed-Based Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	704,044
Timed-Based Restricted Stock Units [Member] | Third anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage	50%
Timed-Based Restricted Stock Units [Member] | First Second And Third Anniversary [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	534,718
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	169,325
Vesting percentage	50%
Performance-Based Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	91,338
Performance-Based Restricted Stock Units [Member] | Certain Total Share Holder Return Targets
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	121,710
Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	16,026

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
	Mar. 31, 2023	Mar. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,553	$ 3,083
Cost of Goods Sold [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	73	663
General and Administrative Expenses [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,480	$ 2,420

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
	Mar. 31, 2023	Mar. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,553	$ 3,083
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	2,049	2,614
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	154	165
Performance-based Restricted Stock Units (PSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 350	$ 304

Leases - Additional Information

Leases - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Lessee Lease Description [Line Items]
Lessee, operating lease, existence of option to extend [true false]	true
Lessee, finance lease, option to extend	include options to extend the leases up to five years
Lessee, finance lease, existence of option to extend [true false]	true
Lessee, leases not yet commenced, description	As of March 31, 2023, we have an additional lease related to our corporate office space totaling approximately $3 million which has not yet commenced, but which we expect will commence in the fourth quarter of 2023 with an initial term of approximately 7.5 years.
Additional lease payment for office space	$ 3
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
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Total operating lease cost	$ 10,025	$ 10,162
Finance lease cost
Amortization of assets under finance leases	1,009	1,037
Interest on finance leases	33	110
Total finance lease cost	$ 1,042	$ 1,147

Leases - Schedule of Lease Asse

Leases - Schedule of Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right of use assets	$ 147,944	$ 152,312
Current operating lease liabilities	22,591	22,220
Noncurrent operating lease liabilities	129,753	133,363
Total operating lease liabilities	152,344	155,583
Property, plant and equipment, gross	36,190	35,948
Less: accumulated depreciation	(25,338)	(24,272)
Total property, plant and equipment, net	$ 10,852	$ 11,676
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Current maturities of long-term debt	$ 1,133	$ 1,174
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	$ 934	$ 1,197
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	$ 2,067	$ 2,371

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Noncancelable Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Operating Leases Abstract
Remainder of 2023	$ 25,799
2024	31,835
2025	31,279
2026	30,128
2027	25,906
Thereafter	51,403
Total future minimum lease payments	196,350
Less: interest	(44,006)
Total lease liabilities	152,344	$ 155,583
Finance Leases Abstract
Remainder of 2023	831
2024	856
2025	490
2026	20
2027	0
Thereafter	0
Total future minimum lease payments	2,197
Less: interest	(130)
Total lease liabilities	$ 2,067	$ 2,371

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 9,297	$ 8,463
Operating cash flows from finance leases	33	110
Financing cash flows from finance leases	$ 578	$ 1,545

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail)	Mar. 31, 2023	Dec. 31, 2022
Weighted-Average Remaining Lease Term (In Years):
Operating leases	6 years 3 months 18 days	6 years 4 months 24 days
Finance leases	2 years 2 months 12 days	2 years 1 month 6 days
Weighted-Average Discount Rate:
Operating leases	8.40%	8.30%
Finance leases	6.30%	6.40%

Financial Instruments - Schedul

Financial Instruments - Schedule of Pretax Amounts Reclassified From Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 399,381	$ 332,421
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	$ 0	$ (640)

Restructuring Charges, net - Sc

Restructuring Charges, net - Schedule of Restructuring Charges, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Severance Costs	$ 75	$ 310
Other Restructuring Costs	0	147
Total restructuring charges, net	75	457
UNITED STATES
Restructuring Cost and Reserve [Line Items]
Severance Costs	(25)	44
Other Restructuring Costs	0	147
Total restructuring charges, net	(25)	191
MEXICO
Restructuring Cost and Reserve [Line Items]
Severance Costs	100	266
Other Restructuring Costs	0	0
Total restructuring charges, net	100	266
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Severance Costs	0	0
Other Restructuring Costs	0	0
Total restructuring charges, net	$ 0	$ 0

Restructuring Charges, net - Ad

Restructuring Charges, net - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 75	$ 457
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	0	0
INDIA
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 0	$ 0

Restructuring Charges, net - Su

Restructuring Charges, net - Summary of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	$ 487
Restructuring charges, net	75	$ 457
Payments	(559)
Balance at March 31, 2022	3
UNITED STATES
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	457
Restructuring charges, net	(25)	191
Payments	(432)
Balance at March 31, 2022	0
MEXICO
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	0
Restructuring charges, net	100	266
Payments	(100)
Balance at March 31, 2022	0
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Balance at December 31, 2022	30
Restructuring charges, net	0	$ 0
Payments	(27)
Balance at March 31, 2022	$ 3

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Tax Credit Carryforward [Line Items]
Income tax benefit (provision)	$ 3,860	$ 2,944

Net Loss Per Common Share - Add

Net Loss Per Common Share - Additional Information - (Details)	3 Months Ended
	Mar. 31, 2023 shares
Convertible Senior Unsecured Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Issuable Common Shares	8,816,881

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
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net loss from continuing operations	$ (15,146)	$ (11,392)
Preferred stock dividends and accretion	(15,173)	(14,132)
Net loss from continuing operations attributable to common stockholders	(30,319)	(25,524)
Net loss from discontinued operations	(6,981)	(4,408)
Net loss attributable to common stockholders	$ (37,300)	$ (29,932)
Basic weighted-average shares outstanding	42,284	41,899
Effect of dilutive awards	0	0
Diluted weighted-average shares outstanding	42,284	41,899
Net loss from continuing operations per common share:
Basic	$ (0.72)	$ (0.61)
Diluted	(0.72)	(0.61)
Net loss from discontinued operations per common share:
Basic	(0.16)	(0.10)
Diluted	(0.16)	(0.10)
Basic	(0.88)	(0.71)
Diluted	$ (0.88)	$ (0.71)
Dilutive shares excluded from the calculation due to net losses in the period	631	474
Anti dilutive share-based compensation awards that would be excluded from the calculation if income was reported in the period	69	429

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	$ 50,487	$ 121,952
Net current period other comprehensive income (loss)	2,010	46,074
Ending balance	(3,216)	141,031
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(10,845)	(48,530)
Other comprehensive income (loss) before reclassifications	2,010	43,369
Amounts reclassified from AOCL	0	0
Net tax effect	0	0
Net current period other comprehensive income (loss)	2,010	43,369
Ending balance	(8,835)	(5,161)
Foreign Exchange Forward Contract [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(4,542)	(5,476)
Other comprehensive income (loss) before reclassifications	0	3,345
Amounts reclassified from AOCL	0	(640)
Net tax effect	0	0
Net current period other comprehensive income (loss)	0	2,705
Ending balance	(4,542)	(2,771)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(15,387)	(54,006)
Other comprehensive income (loss) before reclassifications	2,010	46,714
Amounts reclassified from AOCL	0	(640)
Net tax effect	0	0
Net current period other comprehensive income (loss)	2,010	46,074
Ending balance	$ (13,377)	$ (7,932)

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		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Sales Revenues [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	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
	Mar. 31, 2023	Mar. 31, 2022
Concentration Risk [Line Items]
Net sales	$ 404,066	$ 343,525
Sales Revenues [Member] | Vestas [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 143,662	$ 127,475
Percentage of Total	35.60%	37.10%
Sales Revenues [Member] | GE [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 81,256	$ 57,319
Percentage of Total	20.10%	16.70%
Sales Revenues [Member] | Nordex [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 139,009	$ 114,466
Percentage of Total	34.40%	33.30%

Concentration of Customers - _2

Concentration of Customers - Schedule of Trade Accounts Receivable from Certain Customers (Detail) - Accounts Receivable [Member] - Customer Concentration Risk [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Nordex [Member]
Concentration Risk [Line Items]
Percentage of Total	63.30%	65.20%
Enercon [Member]
Concentration Risk [Line Items]
Percentage of Total	13.80%	10.90%

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net sales		$ 404,066	$ 343,525
Loss from continuing operations		(7,997)	(8,198)
Total property, plant and equipment, net		131,087		$ 136,841
U.S. [Member]
Segment Reporting Information [Line Items]
Net sales		15,620	21,557
Mexico [Member]
Segment Reporting Information [Line Items]
Net sales		154,640	130,396
Turkey [Member]
Segment Reporting Information [Line Items]
Net sales		167,118	149,466
Spain [Member]
Segment Reporting Information [Line Items]
Net sales		395	219
India [Member]
Segment Reporting Information [Line Items]
Net sales		66,293	41,887
U.S. Segment [Member]
Segment Reporting Information [Line Items]
Net sales		15,620	21,557
Loss from continuing operations	[1]	(5,729)	(8,002)
Total property, plant and equipment, net		22,370		23,076
Mexico Segment [Member]
Segment Reporting Information [Line Items]
Net sales		154,640	130,396
Loss from continuing operations		(21,701)	(23,704)
Total property, plant and equipment, net		53,190		56,495
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Net sales		167,513	149,685
Loss from continuing operations		15,668	23,617
Total property, plant and equipment, net		26,380		27,005
India Segment [Member]
Segment Reporting Information [Line Items]
Net sales		66,293	41,887
Loss from continuing operations		3,765	$ (109)
Total property, plant and equipment, net		$ 29,147		$ 30,265
[1] The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 7.0 million for the three months ended March 31, 2023 , and $ 7.9 million in the comparative prior year period.

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
General and administrative costs	$ 7,034	$ 7,860
U.S. Segment [Member]
Segment Reporting Information [Line Items]
General and administrative costs	$ 7,000	$ 7,900