TPI Composites (TPIC) 10-Q 2 Nov 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Oct. 31, 2023
Entity Addresses [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Trading Symbol	TPIC
Entity Registrant Name	TPI Composites, Inc.
Entity Central Index Key	0001455684
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Shell Company	true
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	9200 E. Pima Center Parkway,
Entity Address, Address Line Two	Suite 250
Entity Address, Postal Zip Code	85258
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		42,571,228

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 160,649	$ 133,546
Restricted cash	9,300	9,854
Accounts receivable	135,660	184,809
Contract assets	184,379	215,939
Prepaid expenses	27,321	29,119
Other current assets	34,484	26,052
Inventories	5,779	10,661
Current assets of discontinued operations	4,857	35,182
Total current assets	562,429	645,162
Property, plant and equipment, net	128,071	136,841
Operating lease right of use assets	134,732	152,312
Other noncurrent assets	30,219	27,861
Total assets	855,451	962,176
Current liabilities:
Accounts payable and accrued expenses	247,562	280,499
Accrued warranty	42,955	22,347
Current maturities of long-term debt	63,290	59,975
Current operating lease liabilities	21,912	22,220
Contract liabilities	1,792	17,100
Current liabilities of discontinued operations	7,954	54,440
Total current liabilities	385,465	456,581
Long-term debt, net of current maturities	128,834	1,198
Noncurrent operating lease liabilities	117,038	133,363
Other noncurrent liabilities	15,272	10,670
Total liabilities	646,609	601,812
Commitments and contingencies (Note 15)
Stockholders’ equity:
Common shares, $0.01 par value, 100,000 shares authorized, 43,091 shares issued and 42,571 shares outstanding at September 30,2023 and 100,000 shares authorized, 42,369 shares issued and 42,044 shares outstanding at December 31, 2022	431	424
Paid-in capital	351,448	407,570
Accumulated other comprehensive loss	(10,834)	(15,387)
Accumulated deficit	(478,748)	(334,569)
Treasury stock, at cost, 520 shares at September 30, 2023 and 325 shares at December 31, 2022	(10,134)	(7,551)
Total stockholders’ equity	(147,837)	50,487
Total liabilities, mezzanine equity and stockholders' equity	855,451	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 September 30, 2023 and December 31, 2022 liquidation preference of $488,625 at September 30, 2023 and $475,735 at December 31, 2022	$ 356,679	$ 309,877

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 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	$ 488,625,000	$ 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	43,091,000	42,369,000
Common stock, shares outstanding	42,571,000	42,044,000
Treasury stock	520,000	325,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Net sales	$ 372,860	$ 384,438	$ 1,158,197	$ 1,120,465
Cost of sales	379,219	380,729	1,203,867	1,099,368
Startup and transition costs	4,817	4,821	10,174	22,417
Total cost of goods sold	384,036	385,550	1,214,041	1,121,785
Gross loss	(11,176)	(1,112)	(55,844)	(1,320)
General and administrative expenses	28,709	8,030	42,510	22,578
Loss on sale of assets and asset impairments	5,857	2,969	15,269	6,142
Restructuring charges, net	1,167	(189)	3,490	(390)
Loss from continuing operations	(46,909)	(11,922)	(117,113)	(29,650)
Other income (expense):
Interest expense, net	(1,628)	(1,210)	(6,034)	(2,872)
Foreign currency income (loss)	(579)	8,207	(3,278)	14,306
Miscellaneous income (expense)	393	991	1,546	997
Total other income (expense)	(1,814)	7,988	(7,766)	12,431
Loss from continuing operations before income taxes	(48,723)	(3,934)	(124,879)	(17,219)
Income tax provision	(8,040)	(2,852)	(12,205)	(11,678)
Net loss from continuing operations	(56,763)	(6,786)	(137,084)	(28,897)
Preferred stock dividends and accretion	(16,031)	(14,976)	(46,802)	(43,658)
Net loss from continuing operations attributable to common stockholders	(72,794)	(21,762)	(183,886)	(72,555)
Net income (loss) from discontinued operations	(52)	5,319	(7,095)	6,120
Net loss attributable to common stockholders	$ (72,846)	$ (16,443)	$ (190,981)	$ (66,435)
Weighted-average shares of common stock outstanding:
Basic	42,570	41,984	42,448	41,950
Diluted	42,570	41,984	42,448	41,950
Net loss from continuing operations per common share:
Basic	$ (1.71)	$ (0.52)	$ (4.33)	$ (1.73)
Diluted	(1.71)	(0.52)	(4.33)	(1.73)
Net income (loss) from discontinued operations per common share:
Basic	0	0.13	(0.17)	0.15
Diluted	0	0.13	(0.17)	0.15
Net loss per common share:
Basic	(1.71)	(0.39)	(4.5)	(1.58)
Diluted	$ (1.71)	$ (0.39)	$ (4.5)	$ (1.58)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net loss from continuing operations attributable to common stockholders	$ (72,794)	$ (21,762)	$ (183,886)	$ (72,555)
Net income (loss) from discontinued operations	(52)	5,319	(7,095)	6,120
Net loss attributable to common stockholders	(72,846)	(16,443)	(190,981)	(66,435)
Other comprehensive income (loss):
Foreign currency translation adjustments	(3,052)	(7,903)	(1,858)	28,120
Unrealized gain (loss) on hedging derivatives, net of taxes of $0 for each of the presented periods	318	(582)	2,261	1,574
Reclassification of foreign currency translation adjustments from disposition and exit of business activities, net of tax of $0	901	0	901	0
(Gain) loss on hedging derivatives reclassified to net loss	3,307	(187)	3,249	(1,325)
Comprehensive loss	$ (71,372)	$ (25,115)	$ (186,428)	$ (38,066)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Tax on hedging derivatives	$ 0	$ 0	$ 0	$ 0
Reclassification of foreign currency translation adjustments tax	0	0	0	0
Reclassification of (Gain) Loss on hedging derivatives, net of Taxes	$ 0	$ 0	$ 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		$ 250,974
Beginning balance, shares at Dec. 31, 2021		350,000	37,418,000
Beginning balance at Dec. 31, 2021	$ 121,952		$ 374	$ 451,440	$ (54,006)	$ (269,264)	$ (6,592)
Net loss	(15,800)					(15,800)
Preferred stock dividends	9,605	$ 9,605		9,605
Other comprehensive income (loss)	46,074				46,074
Common stock repurchased for treasury	(343)						(343)
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
Accretion of Series A Preferred Stock	(4,527)	$ 4,527		(4,527)
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
Ending Balance at Mar. 31, 2022		$ 265,106
Net loss	(5,510)					(5,510)
Preferred stock dividends	9,975	9,975		9,975
Other comprehensive income (loss)	(9,033)				(9,033)
Common stock repurchased for treasury	(45)						45
Share-based compensation expense	3,726			3,726
Issuances under share-based compensation plan	1		$ 1
Issuances under share-based compensation plan, shares			33,000
Accretion of Series A Preferred Stock	(4,575)	$ 4,575		(4,575)
Ending balance at Jun. 30, 2022	115,620		$ 376	429,763	(16,965)	(290,574)	(6,980)
Ending balance, shares at Jun. 30, 2022		350,000	37,557,000
Ending Balance at Jun. 30, 2022		$ 279,656
Net loss	(1,467)					(1,467)
Preferred stock dividends	10,361	10,361		10,361
Other comprehensive income (loss)	(8,672)				(8,672)
Share-based compensation expense	3,726			3,726
Issuance of common stock from the exercise of warrants, shares			4,664,000
Issuance of common stock from the exercise of warrants	46		$ 46
Accretion of Series A Preferred Stock	(4,615)	$ 4,615		(4,615)
Ending balance at Sep. 30, 2022	94,277		$ 422	418,513	(25,637)	(292,041)	(6,980)
Ending balance, shares at Sep. 30, 2022		350,000	42,221,000
Ending Balance at Sep. 30, 2022		$ 294,632
Beginning balance at Dec. 31, 2022		$ 309,877
Beginning balance, shares at Dec. 31, 2022		350,000	42,369,000
Beginning balance at Dec. 31, 2022	50,487		$ 424	407,570	(15,387)	(334,569)	(7,551)
Net loss	(22,127)					(22,127)
Preferred stock dividends	10,706	$ 10,706		10,706
Other comprehensive income (loss)	2,010				2,010
Common stock repurchased for treasury	(2,549)						(2,549)
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
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	(3,216)		$ 430	376,527	(13,377)	(356,696)	(10,100)
Ending balance, shares at Mar. 31, 2023		350,000	42,996,000
Ending Balance at Mar. 31, 2023		$ 325,050
Beginning balance at Dec. 31, 2022		$ 309,877
Beginning balance, shares at Dec. 31, 2022		350,000	42,369,000
Beginning balance at Dec. 31, 2022	50,487		$ 424	407,570	(15,387)	(334,569)	(7,551)
Ending balance at Sep. 30, 2023	(147,837)		$ 431	351,448	(10,834)	(478,748)	(10,134)
Ending balance, shares at Sep. 30, 2023		350,000	43,091,000
Ending Balance at Sep. 30, 2023		$ 356,679
Beginning balance at Mar. 31, 2023		$ 325,050
Beginning balance, shares at Mar. 31, 2023		350,000	42,996,000
Beginning balance at Mar. 31, 2023	(3,216)		$ 430	376,527	(13,377)	(356,696)	(10,100)
Net loss	(65,237)					(65,237)
Preferred stock dividends	11,118	$ 11,118		11,118
Other comprehensive income (loss)	1,069				1,069
Common stock repurchased for treasury	(34)						(34)
Share-based compensation expense	3,926			3,926
Issuances under share-based compensation plan	1		$ 1
Issuances under share-based compensation plan, shares			93,000
Accretion of Series A Preferred Stock	(4,480)	$ 4,480		(4,480)
Ending balance at Jun. 30, 2023	(79,089)		$ 431	364,855	(12,308)	(421,933)	(10,134)
Ending balance, shares at Jun. 30, 2023		350,000	43,089,000
Ending Balance at Jun. 30, 2023		$ 340,648
Net loss	(56,815)					(56,815)
Preferred stock dividends	11,549	11,549		11,549
Other comprehensive income (loss)	1,474				1,474
Share-based compensation expense	2,624			2,624
Issuances under share-based compensation plan, shares			2,000
Accretion of Series A Preferred Stock	(4,482)	$ 4,482		(4,482)
Ending balance at Sep. 30, 2023	$ (147,837)		$ 431	$ 351,448	$ (10,834)	$ (478,748)	$ (10,134)
Ending balance, shares at Sep. 30, 2023		350,000	43,091,000
Ending Balance at Sep. 30, 2023		$ 356,679

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss	$ (144,179)	$ (22,777)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	29,798	34,175
Provision for credit losses	20,929	0
Loss on sale of assets and asset impairments	16,748	7,093
Share-based compensation expense	9,278	10,781
Amortization of debt issuance costs	552	0
Deferred income taxes	(1,937)	5,747
Changes in assets and liabilities:
Accounts receivable	28,122	(36,880)
Contract assets and liabilities	3,179	(26,623)
Operating lease right of use assets and operating lease liabilities	(8,577)	(2,581)
Inventories	6,358	(3,838)
Prepaid expenses	3,637	212
Other current assets	(8,248)	(4,402)
Other noncurrent assets	5,824	2,227
Accounts payable and accrued expenses	(70,043)	(27,071)
Accrued warranty	20,608	(21,808)
Other noncurrent liabilities	2,043	650
Net cash used in operating activities	(85,908)	(85,095)
Cash flows from investing activities:
Purchases of property, plant and equipment	(15,846)	(11,492)
Proceeds from sale of business	12,836	0
Net cash used in investing activities	(3,010)	(11,492)
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	(4,810)	0
Repayments of revolving and term loans	0	(8,109)
Proceeds from working capital loans	33,927	25,044
Repayments of working capital loans	(35,479)	(20,701)
Principal repayments of finance leases	(1,038)	(5,055)
Net proceeds from (repayments of) other debt	5,102	(3,704)
Proceeds from exercise of stock options	0	48
Repurchase of common stock including shares withheld in lieu of income taxes	(2,583)	(388)
Net cash provided by (used in) financing activities	109,029	(12,865)
Impact of foreign exchange rates on cash, cash equivalents and restricted cash	700	(3,807)
Net change in cash, cash equivalents and restricted cash	20,811	(113,259)
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	173,880	138,959
Supplemental cash flow information:
Cash paid for interest	8,151	3,406
Cash paid for income taxes, net of refunds	15,742	19,908
Noncash investing and financing activities:
Right of use assets obtained in exchange for new operating lease liabilities	2,344	11,628
Property, plant, and equipment obtained in exchange for new finance lease liabilities	197	0
Accrued capital expenditures in accounts payable	2,574	1,793
Paid-in-kind preferred stock dividends and accretion	46,802	43,658
Reconciliation of Cash, Cash Equivalents and Restricted Cash:
Cash and cash equivalents	133,546	216,236
Cash and cash equivalents	160,649	86,812
Restricted cash	9,854	10,053
Restricted Cash	9,300	9,822
Cash and cash equivalents of discontinued operations	9,669	25,929
Cash and cash equivalents of discontinued operations	3,931	42,325
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	$ 173,880	$ 138,959

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 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	9 Months Ended
	Sep. 30, 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 September 30, 2023, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and nine months ended September 30, 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. 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. The new standard 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	9 Months Ended
	Sep. 30, 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 are in the final stages of shutting down our business operations in China. Our business operations in China comprised the entirety of our Asia reporting segment. This shut down has had 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. During the three months ended September 30, 2023, we completed the sale of our Taicang, China operations and received net proceeds of $ 12.8 million resulting in a net gain on the sale of $ 0.4 million. The following table presents the carrying amounts of major classes of assets and liabilities that were included in discontinued operations: September 30, December 31, 2023 2022 (in thousands) Cash and cash equivalents $ 3,931 $ 9,669 Accounts receivable 897 2,716 Prepaid expenses — 1,877 Inventories 17 1,501 Property, plant and equipment, net — 17,678 Other classes of assets that are not major 12 1,741 Total assets of discontinued operations $ 4,857 $ 35,182 Accounts payable and accrued expenses $ 4,385 $ 26,942 Accrued restructuring 3,359 17,764 Operating lease liabilities — 9,524 Other classes of liabilities that are not major 210 210 Total liabilities of discontinued operations $ 7,954 $ 54,440 The following table presents the components of net income (loss) from discontinued operations: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (In thousands) (In thousands) Net sales $ 749 $ 74,833 $ 2,950 $ 176,044 Cost of sales 1,197 65,049 8,600 158,462 Startup and transition costs — — — 7,994 Total cost of goods sold 1,197 65,049 8,600 166,456 Gross profit (loss) ( 448 ) 9,784 ( 5,650 ) 9,588 (Gain) loss on sale of assets and asset impairments ( 442 ) 602 1,479 951 Restructuring charges, net ( 57 ) 102 1,403 2,706 Income (loss) from discontinued operations 51 9,080 ( 8,532 ) 5,931 Other income (expense): Interest income, net 1 61 42 41 Foreign currency income (loss) ( 64 ) 3,155 ( 217 ) 7,152 Miscellaneous income (expense) ( 40 ) 282 1,612 1,127 Total other income ( 103 ) 3,498 1,437 8,320 Income (loss) before income taxes ( 52 ) 12,578 ( 7,095 ) 14,251 Income tax provision — ( 7,259 ) — ( 8,131 ) Net income (loss) from discontinued operations $ ( 52 ) $ 5,319 $ ( 7,095 ) $ 6,120 The following table presents summarized cash flows from discontinued operations: Nine Months Ended September 30, 2023 2022 (in thousands) Net cash provided by (used in) operating activities from discontinued operations $ ( 5,517 ) $ 18,460 Net cash used in investing activities from discontinued operations ( 185 ) ( 1,920 ) Additional non-cash items related to operating activities from discontinued operations: Depreciation and amortization — 4,844 Share-based compensation expense 135 505 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 Restructuring charges, net — — — Payments ( 3,293 ) ( 200 ) ( 3,493 ) Balance at June 30, 2023 3,263 1,186 4,449 Restructuring charges, net — ( 55 ) ( 55 ) Payments ( 971 ) ( 64 ) ( 1,035 ) Balance at September 30, 2023 $ 2,292 $ 1,067 $ 3,359

Revenue From Contracts with Cus

Revenue From Contracts with Customers	9 Months Ended
	Sep. 30, 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 represent the disaggregation of our net sales by product for each of our reportable segments: Three Months Ended September 30, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 156,077 $ 146,593 $ 59,561 $ 362,231 Automotive sales 2,619 — — — 2,619 Field service, inspection and 4,565 784 2,661 — 8,010 Total net sales $ 7,184 $ 156,861 $ 149,254 $ 59,561 $ 372,860 Three Months Ended September 30, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 1,151 $ 163,833 $ 124,845 $ 65,967 $ 355,796 Automotive sales 10,542 — — — 10,542 Field service, inspection and 15,062 535 2,503 — 18,100 Total net sales $ 26,755 $ 164,368 $ 127,348 $ 65,967 $ 384,438 Nine Months Ended September 30, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 477,306 $ 446,044 $ 189,207 $ 1,112,557 Automotive sales 20,130 — — — 20,130 Field service, inspection and 19,034 1,173 5,303 — 25,510 Total net sales $ 39,164 $ 478,479 $ 451,347 $ 189,207 $ 1,158,197 Nine Months Ended September 30, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 1,317 $ 483,199 $ 402,582 $ 158,102 $ 1,045,200 Automotive sales 34,059 — — — 34,059 Field service, inspection and 33,593 3,550 4,061 2 41,206 Total net sales $ 68,969 $ 486,749 $ 406,643 $ 158,104 $ 1,120,465 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: September 30, December 31, 2023 2022 $ Change (in thousands) Gross contract assets $ 197,939 $ 231,487 $ ( 33,548 ) Less: reclassification from contract liabilities ( 13,560 ) ( 15,548 ) 1,988 Contract assets $ 184,379 $ 215,939 $ ( 31,560 ) September 30, December 31, 2023 2022 $ Change (in thousands) Gross contract liabilities $ 15,352 $ 32,648 $ ( 17,296 ) Less: reclassification to contract assets ( 13,560 ) ( 15,548 ) 1,988 Contract liabilities $ 1,792 $ 17,100 $ ( 15,308 ) Contract assets decreased by $ 31.6 million from December 31, 2022 to September 30, 2023 , primarily due to a $ 12.8 million impairment of contract assets associated with our bus body supply agreement with Proterra, Inc. (Proterra), one of our customers in our automotive business line that filed for bankruptcy during the three months ended September 30, 2023, as well as a decrease in customer specific material purchases during the nine months ended September 30, 2023 . Contract liabilities, net of the amounts reclassed to contract assets decreased by $ 15.3 million from December 31, 2022 to September 30, 2023. For the nine months ended September 30, 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 September 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations to be satisfied in future periods was approximately $ 0.9 billion. This total transaction price excludes approximately $ 19.4 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 $ 12.8 million of the $ 19.4 million revenue would have been recognized as of September 30, 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 $ 265,094 31.2 % 2024 486,194 57.1 2025 99,868 11.7 Total remaining performance obligations $ 851,156 100 % For the three and nine months ended September 30, 2023 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 0.1 million and $ 15.6 million, respectively. For the three months ended September 30, 2022 , net revenue recognized from our performance obligations satisfied in previous periods increased by $ 0.3 million. For the nine months ended September 30, 2022 , net revenue recognized from our performance obligations satisfied in previous periods decreased by $ 10.3 million. The decreases for the three and nine months ended September 30, 2023 primarily relate to changes in certain of our estimated total contract values and related direct costs to complete the performance obligations.

Significant Risks and Uncertain

Significant Risks and Uncertainties	9 Months Ended
	Sep. 30, 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 . 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). There have been numerous government initiatives over the past few years aimed at expanding the use of renewable energy, including the Inflation Reduction Act (IRA) in the U.S, and several policy initiatives in the European Union (EU) that are expected to accelerate the expansion of renewable energy and green technologies, simplify regulations, speed up permitting and promote cross-border projects to accelerate climate neutrality. Despite these favorable long-term policy trends, we expect reduced demand in the near term while the wind industry awaits clarity on the implementation guidance related to key components of the IRA, clarity around more robust policies in the EU, and industry headwinds caused by rising interest rates and inflation. 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 September 30, 2023 and December 31, 2022, we had $ 111.3 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 to date in any such accounts. We also maintain cash in bank deposit accounts outside the U.S. that are not subject to FDIC limits. At September 30, 2023, this included $ 43.1 million in Türkiye, $ 4.6 million in India, $ 1.0 million in Mexico and $ 0.7 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 to date in these accounts. In addition, at September 30, 2023 and December 31, 2022, we had short-term deposits in interest bearing accounts in the U.S. of $ 9.3 million and $ 9.9 million, respectively, which are reported as restricted cash in our condensed consolidated balance sheets. In addition, at September 30, 2023 and December 31, 2022, we had unrestricted cash and cash equivalents related to our discontinued operations of $ 3.9 million and $ 9.7 million, respectively.

Accrued Warranty

Accrued Warranty	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Warranty accrual at beginning of period $ 49,288 $ 35,578 $ 22,347 $ 42,020 Accrual during the period 3,105 3,365 9,183 10,057 Cost of warranty services provided during the period ( 22,500 ) ( 15,778 ) ( 36,334 ) ( 28,177 ) Changes in estimate for pre-existing warranties, 13,062 ( 2,953 ) 47,759 ( 3,688 ) Warranty accrual at end of period $ 42,955 $ 20,212 $ 42,955 $ 20,212 The increase in the change in estimate for pre-existing warranties during the three and nine months ended September 30, 2023 is primarily related to a single warranty campaign with a current customer.

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	Note 7. Debt Long-term debt, net of current maturities, consisted of the following: September 30, December 31, 2023 2022 (in thousands) 5.25 % Convertible senior unsecured notes—U.S. $ 132,500 $ — Unsecured financing—EMEA 48,793 43,556 Secured and unsecured working capital—India 13,695 15,246 Equipment finance leases—Mexico 1,270 1,909 Equipment finance leases—EMEA 54 443 Other equipment finance leases 70 19 Total debt—principal 196,382 61,173 Less: Debt issuance costs ( 4,258 ) — Total debt, net of debt issuance costs 192,124 61,173 Less: Current maturities of long-term debt ( 63,290 ) ( 59,975 ) Long-term debt, net of current maturities $ 128,834 $ 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 September 30, 2023, the Capped Call Transactions were out-of-the-money. Unsecured Financing – EMEA: In April 2023, we entered into a credit agreement with a Turkish financial institution to provide up to 10.0 million Euro of unsecured financing, letters of credit and other non-cash items. During the three months ended September 30, 2023, we borrowed 9.5 million Euro against this credit facility. Interest on each borrowing accrues at a fixed rate in effect at the time of each borrowing and is payable monthly until the borrowing is repaid. As of September 30, 2023 , there was 9.5 million Euro (approximately $ 10.1 million) outstanding under this credit agreement, and a weighted average interest rate on outstanding borrowings of 8.82 %. Secured and Unsecured Working Capital – India: In June 2023, we entered into a working capital facility with an Indian financial institution to provide up to 1.25 billion Indian rupee (approximately $ 15.0 million as of September 30, 2023) of unsecured financing. During the nine months ended September 30, 2023 , we borrowed 1.15 billion Indian rupee (approximately $ 14.1 million) against this credit facility. Interest on the unsecured borrowing accrues at a fixed rate in effect at the time of each borrowing and is payable monthly until the borrowing is repaid. As of September 30, 2023 , there was 750 million Indian rupee (approximately $ 9.2 million) outstanding under this credit facility, and a weighted average interest rate on outstanding borrowings of 7.26 %.

Share-Based Compensation Plans

Share-Based Compensation Plans	9 Months Ended
	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Note 8. Share-Based Compensation Plans During the nine months ended September 30, 2023 , we issued to certain employees an aggregate of 625,114 timed-based restricted stock units (RSUs), an additional 169,326 time-based RSUs with a guaranteed award value, 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 75,487 stock options. Of the 625,114 time-based RSUs, 90,396 of these vest 100 % on the first anniversary of the grant date, and 534,718 of these 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. The 169,326 time-based RSUs with a guaranteed award value vest over a two-year period with 50 % on the first and second anniversary of the grant date, respectively, and additional shares may be issued on the second anniversary of the grant date to maintain the guaranteed award value. 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Cost of goods sold $ 935 $ 746 $ 2,176 $ 2,236 General and administrative expenses 1,593 2,838 6,967 8,041 Total share-based compensation expense $ 2,528 $ 3,584 $ 9,143 $ 10,277 The share-based compensation expense recognized by award type was as follows: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) RSUs $ 2,176 $ 2,989 $ 7,367 $ 8,396 Stock options 284 221 736 550 PSUs 68 374 1,040 1,331 Total share-based compensation expense $ 2,528 $ 3,584 $ 9,143 $ 10,277

Leases

Leases	9 Months Ended
	Sep. 30, 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 10 years , some of which may include options to extend the leases up to five years . The components of lease cost were as follows: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Total operating lease cost $ 9,993 $ 10,036 $ 30,140 $ 30,098 Finance lease cost Amortization of assets under finance leases $ 987 $ 1,198 $ 3,035 $ 3,104 Interest on finance leases 25 57 90 249 Total finance lease cost $ 1,012 $ 1,255 $ 3,125 $ 3,353 Total lease assets and liabilities were as follows: September 30, December 31, 2023 2022 (in thousands) Operating Leases Operating lease right of use assets $ 134,732 $ 152,312 Current operating lease liabilities $ 21,912 $ 22,220 Noncurrent operating lease liabilities 117,038 133,363 Total operating lease liabilities $ 138,950 $ 155,583 Finance Leases Property, plant and equipment, gross $ 35,850 $ 35,948 Less: accumulated depreciation ( 27,763 ) ( 24,272 ) Total property, plant and equipment, net $ 8,087 $ 11,676 Current maturities of long-term debt $ 802 $ 1,174 Long-term debt, net of current maturities 592 1,197 Total finance lease liabilities $ 1,394 $ 2,371 Future minimum lease payments under noncancelable leases as of September 30, 2023 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2023 $ 9,327 $ 219 2024 32,463 813 2025 31,915 440 2026 30,471 27 2027 25,978 13 Thereafter 53,523 — Total future minimum lease payments 183,677 1,512 Less: interest ( 44,727 ) ( 118 ) Total lease liabilities $ 138,950 $ 1,394 Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, 2023 2022 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 28,883 $ 29,120 Operating cash flows from finance leases 82 249 Financing cash flows from finance leases 1,038 5,055 Other information related to leases was as follows: September 30, December 31, 2023 2022 Weighted-Average Remaining Lease Term (In Years): Operating leases 5.9 6.4 Finance leases 1.8 2.1 Weighted-Average Discount Rate: Operating leases 8.4 % 8.3 % Finance leases 5.0 % 6.4 % As of September 30, 2023 , we have additional leases related to our corporate office and field services facility totaling approximately $ 4.5 million which have not yet commenced, but which we expect will commence in the fourth quarter of 2023 with initial terms ranging from 7 to 8 years.

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Note 10. Financial Instruments 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 sometimes enter into foreign exchange derivative contracts, including forward contracts and option contracts. We do not use such contracts for speculative or trading purposes. Mexican Peso In May 2023, we purchased a series of call option contracts to mitigate cash flow variability associated with forecasted expenses in the Mexican Peso against changes in the U.S. Dollar to Mexican Peso exchange rate. A premium obligation of $ 3.2 million was incurred at hedge initiation, with payment deferred until December 2023. The premium is amortized against our earnings on a straight-line basis over a period of seven months, the period including the expiry dates of the purchased call option contracts, through cost of sales within our consolidated statements of operations. These foreign exchange call option contracts qualified for accounting as cash flow hedges in accordance with Accounting Standards Codification Topic 815, Derivatives and Hedging, and we designated them as such. With regards to our foreign exchange call option contracts, for the three and nine months ended September 30, 2023 , $ 0.5 million and $ 1.8 million, respectively, of premium amortization was recorded through cost of sales within our condensed consolidated statements of operations, as compared to $ 0.3 million and $ 1.2 million, respectively, in the comparative prior year periods. As of September 30, 2023 , the notional values associated with our foreign exchange call option contracts qualifying as cash flow hedges were approximately 0.8 billion Mexican Pesos (approximately $ 42.1 million). There were no outstanding foreign exchange call option contracts as of December 31, 2022. The fair values and location of our financial instruments in our condensed consolidated balance sheets were as follows: Condensed Consolidated September 30, December 31, Financial Instrument Balance Sheet Line Item 2023 2022 (in thousands) Foreign exchange forward contracts Other current assets $ 2,364 $ — The following table presents the pretax amounts reclassified from accumulated other comprehensive loss into our condensed consolidated statements of operations: Accumulated Condensed Consolidated Three Months Ended Nine Months Ended Other Comprehensive Statement of Operations September 30, September 30, Loss Component Line Item 2023 2022 2023 2022 (in thousands) Foreign exchange forward Cost of sales $ ( 1,235 ) $ ( 187 ) $ ( 1,293 ) $ ( 1,325 )

Restructuring Charges, Net

Restructuring Charges, Net	9 Months Ended
	Sep. 30, 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 September 30, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ 331 $ 216 $ 644 $ 1,191 Other restructuring costs ( 24 ) — — ( 24 ) Total restructuring charges, net $ 307 $ 216 $ 644 $ 1,167 Three Months Ended September 30, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ — $ ( 496 ) $ 307 $ ( 189 ) Other restructuring costs — — — — Total restructuring charges, net $ — $ ( 496 ) $ 307 $ ( 189 ) Nine Months Ended September 30, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ 306 $ 316 $ 2,892 $ 3,514 Other restructuring costs ( 24 ) — — ( 24 ) Total restructuring charges, net $ 282 $ 316 $ 2,892 $ 3,490 Nine Months Ended September 30, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ 100 $ ( 1,041 ) $ 307 $ ( 634 ) Other restructuring costs 244 — — 244 Total restructuring charges, net $ 344 $ ( 1,041 ) $ 307 $ ( 390 ) 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 Restructuring charges, net — — 2,248 2,248 Payments — — ( 692 ) ( 692 ) Balance at June 30, 2023 — — 1,559 1,559 Restructuring charges, net 307 216 644 1,167 Payments ( 307 ) ( 216 ) ( 2,169 ) ( 2,692 ) Balance at September 30, 2023 $ — $ — $ 34 $ 34 There was no material restructuring activity for our India segment for the three and nine months ended September 30, 2023 and 2022 .

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 12. Income Taxes For the three and nine months ended September 30, 2023 , we reported an income tax provision of $ 8.0 million and $ 12.2 million, respectively, as compared to an income tax provision of $ 2.9 million and $ 11.7 million, respectively, in the comparative prior year period. The increase during the three and nine months ended September 30, 2023, resulted primarily from the change in the mix of earnings of foreign jurisdictions. No changes in tax law occurred during the nine months ended September 30, 2023 , which had a material impact on our income tax provision. During the three months ended September 30, 2023, we no longer assert permanent reinvestment on $ 43.0 million of unremitted earnings in one of our foreign subsidiaries that we expect to repatriate to the U.S. and consequently recognized a $ 4.3 million deferred tax liability. We continue to maintain our assertion to indefinitely reinvest the remaining earnings and profits in our foreign subsidiaries. Accordingly, no deferred tax liability has been accrued with respect to such remaining unremitted earnings.

Net Loss Per Common Share

Net Loss Per Common Share	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands, except per share data) Numerator: Net loss from continuing operations $ ( 56,763 ) $ ( 6,786 ) $ ( 137,084 ) $ ( 28,897 ) Preferred stock dividends and accretion ( 16,031 ) ( 14,976 ) ( 46,802 ) ( 43,658 ) Net loss from continuing operations attributable to common stockholders ( 72,794 ) ( 21,762 ) ( 183,886 ) ( 72,555 ) Net income (loss) from discontinued operations ( 52 ) 5,319 ( 7,095 ) 6,120 Net loss attributable to common stockholders $ ( 72,846 ) $ ( 16,443 ) $ ( 190,981 ) $ ( 66,435 ) Denominator: Basic weighted-average shares outstanding 42,570 41,984 42,448 41,950 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 42,570 41,984 42,448 41,950 Loss from continuing operations per common share: Basic $ ( 1.71 ) $ ( 0.52 ) $ ( 4.33 ) $ ( 1.73 ) Diluted $ ( 1.71 ) $ ( 0.52 ) $ ( 4.33 ) $ ( 1.73 ) Income (loss) from discontinued operations per common share: Basic $ ( 0.00 ) $ 0.13 $ ( 0.17 ) $ 0.15 Diluted $ ( 0.00 ) $ 0.13 $ ( 0.17 ) $ 0.15 Loss per common share: Basic $ ( 1.71 ) $ ( 0.39 ) $ ( 4.50 ) $ ( 1.58 ) Diluted $ ( 1.71 ) $ ( 0.39 ) $ ( 4.50 ) $ ( 1.58 ) Dilutive shares excluded from the calculation 84 893 268 568 Anti-dilutive share-based compensation awards 762 111 147 196 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 nine months ended September 30, 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	9 Months Ended
	Sep. 30, 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: Nine Months Ended September 30, 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 ) Other comprehensive income (loss) before reclassifications ( 816 ) 1,943 1,127 Amounts reclassified from AOCL — ( 58 ) ( 58 ) Net tax effect — — — Net current period other comprehensive income (loss) ( 816 ) 1,885 1,069 Balance at June 30, 2023 ( 9,651 ) ( 2,657 ) ( 12,308 ) Other comprehensive income (loss) before reclassifications ( 3,052 ) 318 ( 2,734 ) Amounts reclassified from AOCL 901 3,307 4,208 Net tax effect — — — Net current period other comprehensive income (loss) ( 2,151 ) 3,625 1,474 Balance at September 30, 2023 $ ( 11,802 ) $ 968 $ ( 10,834 ) During the three months ended September 30, 2023, we reclassified $ 0.9 million from cumulative translation adjustments and reclassified $ 4.5 million of losses on net investment hedges from accumulated other comprehensive loss and included the amounts in determining net loss for the period as a result of the substantially complete liquidation of our China operations. Nine Months Ended September 30, 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 ) Other comprehensive loss before reclassifications ( 7,346 ) ( 1,189 ) ( 8,535 ) Amounts reclassified from AOCL — ( 498 ) ( 498 ) Net tax effect — — — Net current period other comprehensive loss ( 7,346 ) ( 1,687 ) ( 9,033 ) Balance at June 30, 2022 ( 12,507 ) ( 4,458 ) ( 16,965 ) Other comprehensive loss before reclassifications ( 7,903 ) ( 582 ) ( 8,485 ) Amounts reclassified from AOCL — ( 187 ) ( 187 ) Net tax effect — — — Net current period other comprehensive loss ( 7,903 ) ( 769 ) ( 8,672 ) Balance at September 30, 2022 $ ( 20,410 ) $ ( 5,227 ) $ ( 25,637 )

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 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 is in effect through December 2024. We have separate collective bargaining agreements for each of our Matamoros, Mexico manufacturing facilities. Our collective bargaining agreement at one of our Matamoros, Mexico manufacturing facilities is in effect through March 2025 and our collective bargaining agreement for our other facility in Matamoros, Mexico that we took over from Nordex is in effect through April 2025. Proterra Bankruptcy On August 7, 2023, we were notified that Proterra Inc. (Proterra), one of our customers in our automotive business line, filed for bankruptcy protection under Chapter 11 of the U.S. bankruptcy code, and Proterra rejected its bus body supply agreement with us as part of its bankruptcy reorganization. Net sales from this bus body supply agreement were less than 2 % and 3 % of our consolidated net sales for the nine-month periods ended September 30, 2023 and 2022, respectively. Our results of operations during the three months ended September 30, 2023 were adversely impacted by Proterra's bankruptcy as we recorded a charge for credit losses on contract assets of $ 12.8 million, a charge for credit losses on accounts receivable of $ 8.1 million, a charge for inventory of $ 1.7 million, an impairment charge of $ 0.7 million related to fixed assets, and severance charges totaling $ 0.4 million.

Concentration of Customers

Concentration of Customers	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Customer Net sales % of T otal Net sales % of T otal Net sales % of T otal Net sales % of T otal Vestas $ 152,537 40.9 % $ 136,491 35.5 % $ 429,924 37.1 % $ 412,050 36.8 % Nordex 99,702 26.7 120,003 31.2 353,286 30.5 355,629 31.7 GE 93,182 25.0 80,976 21.1 273,335 23.6 220,379 19.7 Trade accounts receivable from certain customers in excess of 10 percent of our total consolidated trade accounts receivable are as follows: September 30, December 31, 2023 2022 Customer % of Total % of Total Nordex 60.5 % 65.2 % Enercon 16.0 10.9 Vestas 11.9 7.7

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Net sales by segment: U.S. $ 7,184 $ 26,755 $ 39,164 $ 68,969 Mexico 156,861 164,368 478,479 486,749 EMEA 149,254 127,348 451,347 406,643 India 59,561 65,967 189,207 158,104 Total net sales $ 372,860 $ 384,438 $ 1,158,197 $ 1,120,465 Net sales by geographic location: United States $ 7,184 $ 26,755 $ 39,164 $ 68,969 Mexico 156,861 164,368 478,479 486,749 Türkiye 147,328 126,504 447,640 405,552 Spain 1,926 844 3,707 1,091 India 59,561 65,967 189,207 158,104 Total net sales $ 372,860 $ 384,438 $ 1,158,197 $ 1,120,465 Income (loss) from continuing operations: U.S. (1) $ ( 29,118 ) $ ( 10,510 ) $ ( 41,646 ) $ ( 36,803 ) Mexico ( 35,808 ) ( 21,030 ) ( 121,521 ) ( 59,002 ) EMEA 10,803 11,019 28,875 54,738 India 7,214 8,599 17,179 11,417 Total loss from continuing operations $ ( 46,909 ) $ ( 11,922 ) $ ( 117,113 ) $ ( 29,650 ) September 30, December 31, 2023 2022 (in thousands) Property, plant and equipment, net: U.S. $ 24,126 $ 23,076 Mexico 51,562 56,495 EMEA 23,361 27,005 India 29,022 30,265 Total property, plant and equipment, net $ 128,071 $ 136,841 (1) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 28.7 million and $ 42.5 million, respectively, for the three and nine months ended September 30, 2023 , and $ 8.0 million and $ 22.6 million, respectively, in the comparative prior year periods.

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 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 September 30, 2023, and the results of our operations, comprehensive income (loss) and cash flows for the periods presented. Interim results for the three and nine months ended September 30, 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. The new standard 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)	9 Months Ended
	Sep. 30, 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: September 30, December 31, 2023 2022 (in thousands) Cash and cash equivalents $ 3,931 $ 9,669 Accounts receivable 897 2,716 Prepaid expenses — 1,877 Inventories 17 1,501 Property, plant and equipment, net — 17,678 Other classes of assets that are not major 12 1,741 Total assets of discontinued operations $ 4,857 $ 35,182 Accounts payable and accrued expenses $ 4,385 $ 26,942 Accrued restructuring 3,359 17,764 Operating lease liabilities — 9,524 Other classes of liabilities that are not major 210 210 Total liabilities of discontinued operations $ 7,954 $ 54,440
Schedule Of discontinued operations income statement	The following table presents the components of net income (loss) from discontinued operations: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (In thousands) (In thousands) Net sales $ 749 $ 74,833 $ 2,950 $ 176,044 Cost of sales 1,197 65,049 8,600 158,462 Startup and transition costs — — — 7,994 Total cost of goods sold 1,197 65,049 8,600 166,456 Gross profit (loss) ( 448 ) 9,784 ( 5,650 ) 9,588 (Gain) loss on sale of assets and asset impairments ( 442 ) 602 1,479 951 Restructuring charges, net ( 57 ) 102 1,403 2,706 Income (loss) from discontinued operations 51 9,080 ( 8,532 ) 5,931 Other income (expense): Interest income, net 1 61 42 41 Foreign currency income (loss) ( 64 ) 3,155 ( 217 ) 7,152 Miscellaneous income (expense) ( 40 ) 282 1,612 1,127 Total other income ( 103 ) 3,498 1,437 8,320 Income (loss) before income taxes ( 52 ) 12,578 ( 7,095 ) 14,251 Income tax provision — ( 7,259 ) — ( 8,131 ) Net income (loss) from discontinued operations $ ( 52 ) $ 5,319 $ ( 7,095 ) $ 6,120
Summarized of cash flows from discontinued operations	The following table presents summarized cash flows from discontinued operations: Nine Months Ended September 30, 2023 2022 (in thousands) Net cash provided by (used in) operating activities from discontinued operations $ ( 5,517 ) $ 18,460 Net cash used in investing activities from discontinued operations ( 185 ) ( 1,920 ) Additional non-cash items related to operating activities from discontinued operations: Depreciation and amortization — 4,844 Share-based compensation expense 135 505 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 Restructuring charges, net — — — Payments ( 3,293 ) ( 200 ) ( 3,493 ) Balance at June 30, 2023 3,263 1,186 4,449 Restructuring charges, net — ( 55 ) ( 55 ) Payments ( 971 ) ( 64 ) ( 1,035 ) Balance at September 30, 2023 $ 2,292 $ 1,067 $ 3,359

Revenue From Contracts with C_2

Revenue From Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation of Net Sales Revenue by Product for Each of Reportable Segments	The following tables represent the disaggregation of our net sales by product for each of our reportable segments: Three Months Ended September 30, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 156,077 $ 146,593 $ 59,561 $ 362,231 Automotive sales 2,619 — — — 2,619 Field service, inspection and 4,565 784 2,661 — 8,010 Total net sales $ 7,184 $ 156,861 $ 149,254 $ 59,561 $ 372,860 Three Months Ended September 30, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 1,151 $ 163,833 $ 124,845 $ 65,967 $ 355,796 Automotive sales 10,542 — — — 10,542 Field service, inspection and 15,062 535 2,503 — 18,100 Total net sales $ 26,755 $ 164,368 $ 127,348 $ 65,967 $ 384,438 Nine Months Ended September 30, 2023 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ — $ 477,306 $ 446,044 $ 189,207 $ 1,112,557 Automotive sales 20,130 — — — 20,130 Field service, inspection and 19,034 1,173 5,303 — 25,510 Total net sales $ 39,164 $ 478,479 $ 451,347 $ 189,207 $ 1,158,197 Nine Months Ended September 30, 2022 U.S. Mexico EMEA India Total (in thousands) Wind blade, tooling and other wind $ 1,317 $ 483,199 $ 402,582 $ 158,102 $ 1,045,200 Automotive sales 34,059 — — — 34,059 Field service, inspection and 33,593 3,550 4,061 2 41,206 Total net sales $ 68,969 $ 486,749 $ 406,643 $ 158,104 $ 1,120,465
Summary of Contract Assets and Contract Liabilities	Contract assets and contract liabilities consisted of the following: September 30, December 31, 2023 2022 $ Change (in thousands) Gross contract assets $ 197,939 $ 231,487 $ ( 33,548 ) Less: reclassification from contract liabilities ( 13,560 ) ( 15,548 ) 1,988 Contract assets $ 184,379 $ 215,939 $ ( 31,560 ) September 30, December 31, 2023 2022 $ Change (in thousands) Gross contract liabilities $ 15,352 $ 32,648 $ ( 17,296 ) Less: reclassification to contract assets ( 13,560 ) ( 15,548 ) 1,988 Contract liabilities $ 1,792 $ 17,100 $ ( 15,308 )
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 $ 265,094 31.2 % 2024 486,194 57.1 2025 99,868 11.7 Total remaining performance obligations $ 851,156 100 %

Accrued Warranty (Tables)

Accrued Warranty (Tables)	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Warranty accrual at beginning of period $ 49,288 $ 35,578 $ 22,347 $ 42,020 Accrual during the period 3,105 3,365 9,183 10,057 Cost of warranty services provided during the period ( 22,500 ) ( 15,778 ) ( 36,334 ) ( 28,177 ) Changes in estimate for pre-existing warranties, 13,062 ( 2,953 ) 47,759 ( 3,688 ) Warranty accrual at end of period $ 42,955 $ 20,212 $ 42,955 $ 20,212 The increase in the change in estimate for pre-existing warranties during the three and nine months ended September 30, 2023 is primarily related to a single warranty campaign with a current customer.

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	Long-term debt, net of current maturities, consisted of the following: September 30, December 31, 2023 2022 (in thousands) 5.25 % Convertible senior unsecured notes—U.S. $ 132,500 $ — Unsecured financing—EMEA 48,793 43,556 Secured and unsecured working capital—India 13,695 15,246 Equipment finance leases—Mexico 1,270 1,909 Equipment finance leases—EMEA 54 443 Other equipment finance leases 70 19 Total debt—principal 196,382 61,173 Less: Debt issuance costs ( 4,258 ) — Total debt, net of debt issuance costs 192,124 61,173 Less: Current maturities of long-term debt ( 63,290 ) ( 59,975 ) Long-term debt, net of current maturities $ 128,834 $ 1,198

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Cost of goods sold $ 935 $ 746 $ 2,176 $ 2,236 General and administrative expenses 1,593 2,838 6,967 8,041 Total share-based compensation expense $ 2,528 $ 3,584 $ 9,143 $ 10,277
Schedule of Share-based Compensation Arrangements by Share-based Payment Award	The share-based compensation expense recognized by award type was as follows: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) RSUs $ 2,176 $ 2,989 $ 7,367 $ 8,396 Stock options 284 221 736 550 PSUs 68 374 1,040 1,331 Total share-based compensation expense $ 2,528 $ 3,584 $ 9,143 $ 10,277

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Components of Lease Cost	The components of lease cost were as follows: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Total operating lease cost $ 9,993 $ 10,036 $ 30,140 $ 30,098 Finance lease cost Amortization of assets under finance leases $ 987 $ 1,198 $ 3,035 $ 3,104 Interest on finance leases 25 57 90 249 Total finance lease cost $ 1,012 $ 1,255 $ 3,125 $ 3,353
Schedule of Lease Assets and Liabilities	Total lease assets and liabilities were as follows: September 30, December 31, 2023 2022 (in thousands) Operating Leases Operating lease right of use assets $ 134,732 $ 152,312 Current operating lease liabilities $ 21,912 $ 22,220 Noncurrent operating lease liabilities 117,038 133,363 Total operating lease liabilities $ 138,950 $ 155,583 Finance Leases Property, plant and equipment, gross $ 35,850 $ 35,948 Less: accumulated depreciation ( 27,763 ) ( 24,272 ) Total property, plant and equipment, net $ 8,087 $ 11,676 Current maturities of long-term debt $ 802 $ 1,174 Long-term debt, net of current maturities 592 1,197 Total finance lease liabilities $ 1,394 $ 2,371
Schedule of Future Minimum Lease Payments under Noncancelable Leases	Future minimum lease payments under noncancelable leases as of September 30, 2023 were as follows: Operating Finance Leases Leases (in thousands) Year Ending December 31, Remainder of 2023 $ 9,327 $ 219 2024 32,463 813 2025 31,915 440 2026 30,471 27 2027 25,978 13 Thereafter 53,523 — Total future minimum lease payments 183,677 1,512 Less: interest ( 44,727 ) ( 118 ) Total lease liabilities $ 138,950 $ 1,394
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, 2023 2022 (in thousands) Cash paid for amounts included in the measurement of lease Operating cash flows from operating leases $ 28,883 $ 29,120 Operating cash flows from finance leases 82 249 Financing cash flows from finance leases 1,038 5,055
Other Information Related to Leases	Other information related to leases was as follows: September 30, December 31, 2023 2022 Weighted-Average Remaining Lease Term (In Years): Operating leases 5.9 6.4 Finance leases 1.8 2.1 Weighted-Average Discount Rate: Operating leases 8.4 % 8.3 % Finance leases 5.0 % 6.4 %

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values and Location of Financial Instruments	The fair values and location of our financial instruments in our condensed consolidated balance sheets were as follows: Condensed Consolidated September 30, December 31, Financial Instrument Balance Sheet Line Item 2023 2022 (in thousands) Foreign exchange forward contracts Other current assets $ 2,364 $ —
Schedule of Pretax Amounts Reclassified from Accumulated Other Comprehensive Loss	The following table presents the pretax amounts reclassified from accumulated other comprehensive loss into our condensed consolidated statements of operations: Accumulated Condensed Consolidated Three Months Ended Nine Months Ended Other Comprehensive Statement of Operations September 30, September 30, Loss Component Line Item 2023 2022 2023 2022 (in thousands) Foreign exchange forward Cost of sales $ ( 1,235 ) $ ( 187 ) $ ( 1,293 ) $ ( 1,325 )

Restructuring Charges, Net (Tab

Restructuring Charges, Net (Tables)	9 Months Ended
	Sep. 30, 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 September 30, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ 331 $ 216 $ 644 $ 1,191 Other restructuring costs ( 24 ) — — ( 24 ) Total restructuring charges, net $ 307 $ 216 $ 644 $ 1,167 Three Months Ended September 30, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ — $ ( 496 ) $ 307 $ ( 189 ) Other restructuring costs — — — — Total restructuring charges, net $ — $ ( 496 ) $ 307 $ ( 189 ) Nine Months Ended September 30, 2023 U.S. Mexico EMEA Total (in thousands) Severance $ 306 $ 316 $ 2,892 $ 3,514 Other restructuring costs ( 24 ) — — ( 24 ) Total restructuring charges, net $ 282 $ 316 $ 2,892 $ 3,490 Nine Months Ended September 30, 2022 U.S. Mexico EMEA Total (in thousands) Severance $ 100 $ ( 1,041 ) $ 307 $ ( 634 ) Other restructuring costs 244 — — 244 Total restructuring charges, net $ 344 $ ( 1,041 ) $ 307 $ ( 390 )
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 Restructuring charges, net — — 2,248 2,248 Payments — — ( 692 ) ( 692 ) Balance at June 30, 2023 — — 1,559 1,559 Restructuring charges, net 307 216 644 1,167 Payments ( 307 ) ( 216 ) ( 2,169 ) ( 2,692 ) Balance at September 30, 2023 $ — $ — $ 34 $ 34

Net Loss Per Common Share (Tabl

Net Loss Per Common Share (Tables)	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands, except per share data) Numerator: Net loss from continuing operations $ ( 56,763 ) $ ( 6,786 ) $ ( 137,084 ) $ ( 28,897 ) Preferred stock dividends and accretion ( 16,031 ) ( 14,976 ) ( 46,802 ) ( 43,658 ) Net loss from continuing operations attributable to common stockholders ( 72,794 ) ( 21,762 ) ( 183,886 ) ( 72,555 ) Net income (loss) from discontinued operations ( 52 ) 5,319 ( 7,095 ) 6,120 Net loss attributable to common stockholders $ ( 72,846 ) $ ( 16,443 ) $ ( 190,981 ) $ ( 66,435 ) Denominator: Basic weighted-average shares outstanding 42,570 41,984 42,448 41,950 Effect of dilutive awards — — — — Diluted weighted-average shares outstanding 42,570 41,984 42,448 41,950 Loss from continuing operations per common share: Basic $ ( 1.71 ) $ ( 0.52 ) $ ( 4.33 ) $ ( 1.73 ) Diluted $ ( 1.71 ) $ ( 0.52 ) $ ( 4.33 ) $ ( 1.73 ) Income (loss) from discontinued operations per common share: Basic $ ( 0.00 ) $ 0.13 $ ( 0.17 ) $ 0.15 Diluted $ ( 0.00 ) $ 0.13 $ ( 0.17 ) $ 0.15 Loss per common share: Basic $ ( 1.71 ) $ ( 0.39 ) $ ( 4.50 ) $ ( 1.58 ) Diluted $ ( 1.71 ) $ ( 0.39 ) $ ( 4.50 ) $ ( 1.58 ) Dilutive shares excluded from the calculation 84 893 268 568 Anti-dilutive share-based compensation awards 762 111 147 196

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 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: Nine Months Ended September 30, 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 ) Other comprehensive income (loss) before reclassifications ( 816 ) 1,943 1,127 Amounts reclassified from AOCL — ( 58 ) ( 58 ) Net tax effect — — — Net current period other comprehensive income (loss) ( 816 ) 1,885 1,069 Balance at June 30, 2023 ( 9,651 ) ( 2,657 ) ( 12,308 ) Other comprehensive income (loss) before reclassifications ( 3,052 ) 318 ( 2,734 ) Amounts reclassified from AOCL 901 3,307 4,208 Net tax effect — — — Net current period other comprehensive income (loss) ( 2,151 ) 3,625 1,474 Balance at September 30, 2023 $ ( 11,802 ) $ 968 $ ( 10,834 ) During the three months ended September 30, 2023, we reclassified $ 0.9 million from cumulative translation adjustments and reclassified $ 4.5 million of losses on net investment hedges from accumulated other comprehensive loss and included the amounts in determining net loss for the period as a result of the substantially complete liquidation of our China operations. Nine Months Ended September 30, 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 ) Other comprehensive loss before reclassifications ( 7,346 ) ( 1,189 ) ( 8,535 ) Amounts reclassified from AOCL — ( 498 ) ( 498 ) Net tax effect — — — Net current period other comprehensive loss ( 7,346 ) ( 1,687 ) ( 9,033 ) Balance at June 30, 2022 ( 12,507 ) ( 4,458 ) ( 16,965 ) Other comprehensive loss before reclassifications ( 7,903 ) ( 582 ) ( 8,485 ) Amounts reclassified from AOCL — ( 187 ) ( 187 ) Net tax effect — — — Net current period other comprehensive loss ( 7,903 ) ( 769 ) ( 8,672 ) Balance at September 30, 2022 $ ( 20,410 ) $ ( 5,227 ) $ ( 25,637 )

Concentration of Customers (Tab

Concentration of Customers (Tables)	9 Months Ended
	Sep. 30, 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 Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Customer Net sales % of T otal Net sales % of T otal Net sales % of T otal Net sales % of T otal Vestas $ 152,537 40.9 % $ 136,491 35.5 % $ 429,924 37.1 % $ 412,050 36.8 % Nordex 99,702 26.7 120,003 31.2 353,286 30.5 355,629 31.7 GE 93,182 25.0 80,976 21.1 273,335 23.6 220,379 19.7
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: September 30, December 31, 2023 2022 Customer % of Total % of Total Nordex 60.5 % 65.2 % Enercon 16.0 10.9 Vestas 11.9 7.7

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables set forth certain information regarding each of our segments: Three Months Ended Nine Months Ended September 30, September 30, 2023 2022 2023 2022 (in thousands) Net sales by segment: U.S. $ 7,184 $ 26,755 $ 39,164 $ 68,969 Mexico 156,861 164,368 478,479 486,749 EMEA 149,254 127,348 451,347 406,643 India 59,561 65,967 189,207 158,104 Total net sales $ 372,860 $ 384,438 $ 1,158,197 $ 1,120,465 Net sales by geographic location: United States $ 7,184 $ 26,755 $ 39,164 $ 68,969 Mexico 156,861 164,368 478,479 486,749 Türkiye 147,328 126,504 447,640 405,552 Spain 1,926 844 3,707 1,091 India 59,561 65,967 189,207 158,104 Total net sales $ 372,860 $ 384,438 $ 1,158,197 $ 1,120,465 Income (loss) from continuing operations: U.S. (1) $ ( 29,118 ) $ ( 10,510 ) $ ( 41,646 ) $ ( 36,803 ) Mexico ( 35,808 ) ( 21,030 ) ( 121,521 ) ( 59,002 ) EMEA 10,803 11,019 28,875 54,738 India 7,214 8,599 17,179 11,417 Total loss from continuing operations $ ( 46,909 ) $ ( 11,922 ) $ ( 117,113 ) $ ( 29,650 ) September 30, December 31, 2023 2022 (in thousands) Property, plant and equipment, net: U.S. $ 24,126 $ 23,076 Mexico 51,562 56,495 EMEA 23,361 27,005 India 29,022 30,265 Total property, plant and equipment, net $ 128,071 $ 136,841 (1) The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 28.7 million and $ 42.5 million, respectively, for the three and nine months ended September 30, 2023 , and $ 8.0 million and $ 22.6 million, respectively, in the comparative prior year periods.

Significant Accounting Polici_2

Significant Accounting Policies (Additional Information) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Turkish Member [Member]
Non monetary assets and liabilities amount	$ 44.9

Discontinued Operations (Additi

Discontinued Operations (Additional Information) (Details)	3 Months Ended
	Sep. 30, 2023 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of Taicanng, China	$ 12,800
Net gain on sale of Taicang, China	$ 400,000

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	Sep. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents	$ 3,931	$ 9,669
Accounts receivable	897	2,716
Prepaid expenses	0	1,877
Inventories	17	1,501
Property, plant and equipment, net	0	17,678
Other classes of assets that are not major	12	1,741
Total assets of discontinued operations	4,857	35,182
Accounts payable and accrued expenses	4,385	26,942
Accrued restructuring	3,359	17,764
Operating lease liabilities	0	9,524
Other classes of liabilities that are not major	210	210
Total liabilities of discontinued operations	$ 7,954	$ 54,440

Discontinued Operations - Sched

Discontinued Operations - Schedule Of Components Of Net Income (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 372,860			$ 384,438	$ 1,158,197	$ 1,120,465
Cost of sales	379,219			380,729	1,203,867	1,099,368
Startup and transition costs	4,817			4,821	10,174	22,417
Total cost of goods sold	384,036			385,550	1,214,041	1,121,785
Gross profit	(11,176)			(1,112)	(55,844)	(1,320)
General and administrative expenses	28,709			8,030	42,510	22,578
Loss on sale of assets and asset impairments	(5,857)			(2,969)	(15,269)	(6,142)
Restructuring Charges	1,167	$ 2,248	$ 75	(189)	3,490	(390)
Loss from continuing operations	(46,909)			(11,922)	(117,113)	(29,650)
Other income (expense):
Gain (Loss), Foreign Currency Transaction, before Tax	(579)			8,207	(3,278)	14,306
Miscellaneous income (expense)	393			991	1,546	997
Nonoperating Income (Expense)	(1,814)			7,988	(7,766)	12,431
Loss before income taxes	(48,723)			(3,934)	(124,879)	(17,219)
Income tax provision	8,040			2,852	12,205	11,678
Net income (loss) from discontinued operations	(52)			5,319	(7,095)	6,120
Segment Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	749			74,833	2,950	176,044
Cost of sales	1,197			65,049	8,600	158,462
Startup and transition costs	0			0	0	7,994
Total cost of goods sold	1,197			65,049	8,600	166,456
Gross profit	(448)			9,784	(5,650)	9,588
Loss on sale of assets and asset impairments	(442)			602	1,479	951
Restructuring Charges	(57)			102	1,403	2,706
Loss from continuing operations	51			9,080	(8,532)	5,931
Other income (expense):
Interest income (expense), net	1			61	42	41
Gain (Loss), Foreign Currency Transaction, before Tax	(64)			3,155	(217)	7,152
Miscellaneous income (expense)	(40)			282	1,612	1,127
Nonoperating Income (Expense)	(103)			3,498	1,437	8,320
Loss before income taxes	(52)			12,578	(7,095)	14,251
Income tax provision	0			(7,259)	0	(8,131)
Net income (loss) from discontinued operations	$ (52)			$ 5,319	$ (7,095)	$ 6,120

Discontinued Operations - Sch_2

Discontinued Operations - Schedule of Discontinued Operations Cash Flow Activity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Share-based compensation expense	$ 9,278	$ 10,781
Segment Discontinued Operations [Member]
Net cash used in operating activities from discontinued operations	(5,517)	(18,460)
Net cash used in investing activities from discontinued operations	(185)	(1,920)
Discontinued Operation, Alternative Cash Flow Information [Abstract]
Depreciation and amortization	0	4,844
Share-based compensation expense	$ 135	$ 505

Discontinued Operations - Sch_3

Discontinued Operations - Schedule of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	$ 1,559	$ 3	$ 487		$ 487
Restructuring charges, net	(24)			$ 0	(24)	$ 244
Payments	(2,692)	(692)	(559)
Restructuring Reserve, Ending Balance	34	1,559	3		34
Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	4,449	7,942	17,764		17,764
Restructuring charges, net	(55)	0	1,458
Payments	(1,035)	(3,493)	(11,280)
Restructuring Reserve, Ending Balance	3,359	4,449	7,942		3,359
Employee Severance Member | Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	3,263	6,556	15,757		15,757
Restructuring charges, net	0	0	(17)
Payments	(971)	(3,293)	(9,184)
Restructuring Reserve, Ending Balance	2,292	3,263	6,556		2,292
Other Restructuring Member | Segment Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	1,186	1,386	2,007		2,007
Restructuring charges, net	(55)	0	1,475
Payments	(64)	(200)	(2,096)
Restructuring Reserve, Ending Balance	$ 1,067	$ 1,186	$ 1,386		$ 1,067

Revenue From Contracts with C_3

Revenue From Contracts with Customers - Summary of Disaggregation of Net Sales Revenue by Product for Each of Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation Of Revenue [Line Items]
Net sales	$ 372,860	$ 384,438	$ 1,158,197	$ 1,120,465
U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	7,184	26,755	39,164	68,969
Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	156,861	164,368	478,479	486,749
EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	149,254	127,348	451,347	406,643
India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	59,561	65,967	189,207	158,104
Wind Blade, Tooling and Other Wind Related Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	362,231	355,796	1,112,557	1,045,200
Wind Blade, Tooling and Other Wind Related Sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	1,151	0	1,317
Wind Blade, Tooling and Other Wind Related Sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	156,077	163,833	477,306	483,199
Wind Blade, Tooling and Other Wind Related Sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	146,593	124,845	446,044	402,582
Wind Blade, Tooling and Other Wind Related Sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	59,561	65,967	189,207	158,102
Automotive sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,619	10,542	20,130	34,059
Automotive sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,619	10,542	20,130	34,059
Automotive sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Automotive sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Automotive sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	0	0	0	0
Field Service, Inspection and Repair Services Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	8,010	18,100	25,510	41,206
Field Service, Inspection and Repair Services Sales [Member] | U.S. Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	4,565	15,062	19,034	33,593
Field Service, Inspection and Repair Services Sales [Member] | Mexico Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	784	535	1,173	3,550
Field Service, Inspection and Repair Services Sales [Member] | EMEA Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,661	2,503	5,303	4,061
Field Service, Inspection and Repair Services Sales [Member] | India Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 0	$ 0	$ 0	$ 2

Revenue From Contracts with C_4

Revenue From Contracts with Customers - Summary of Contract Assets (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Gross contract assets	$ 197,939	$ 231,487
Less: reclassification from contract liabilities	(13,560)	(15,548)
Contract assets	184,379	$ 215,939
Gross contract assets, Change	33,548
Less: reclassification from contract liabilities, Change	(1,988)
Contract assets, Change	$ 31,560

Revenue From Contracts with C_5

Revenue From Contracts with Customers - Summary of Contract Liabilities (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Gross contract liabilities	$ 15,352	$ 32,648
Less: reclassification to contract assets	13,560	15,548
Contract liabilities	1,792	$ 17,100
Gross contract liabilities, Change	(17,296)
Less: reclassification to contract assets, Change	1,988
Contract liabilities, Change	$ (15,308)

Revenue From Contracts with C_6

Revenue From Contracts with Customers - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue from Contracts with Customers [Line Items]
Increase in contract assets			$ 31,560
Impairment of contract assets	$ 12,800
Decrease in contract liabilities			15,300
Transaction price allocated to remaining performance obligations to be satisfied in future periods	851,156		851,156
Constraint on variable consideration	19,400		19,400
Revenue recognized			12,800
Net revenue recognized from performance obligations satisfied in previous periods, decrease amount	$ 100	$ 300	15,600	$ 10,300
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	Sep. 30, 2023 USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Total remaining performance obligations	$ 851,156
% 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	$ 265,094
% of Total remaining performance obligations	31.20%
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	$ 486,194
% of Total remaining performance obligations	57.10%
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	$ 99,868
% of Total remaining performance obligations	11.70%
Remaining performance obligations, expected timing of satisfaction period	1 year

Revenue From Contracts with C_8

Revenue From Contracts with Customers - Schedule of Estimate to Recognize Remaining Performance Obligations as Revenue (Details1) $ in Thousands	Sep. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 851,156
% of Total remaining performance obligations	100%

Significant Risks and Uncerta_2

Significant Risks and Uncertainties - Additional Information (Detail) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Concentration Risk [Line Items]
Cash in short-term deposits in interest bearing accounts	$ 9,300,000	$ 9,854,000
Cash and Cash Equivalents, at Carrying Value, Total	160,649,000	133,546,000	$ 86,812,000	$ 216,236,000
U.S. [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	111,300,000	124,400,000
Cash in short-term deposits in interest bearing accounts	9,300,000	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	43,100,000	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	4,600,000	4,700,000
Other Countries [Member]
Concentration Risk [Line Items]
Cash in bank deposit and money market accounts	700,000	700,000
Unrestricted Cash [Member] | Segment Discontinued Operations [Member] | Other Countries [Member]
Concentration Risk [Line Items]
Cash and Cash Equivalents, at Carrying Value, Total	$ 3,900,000	$ 9,700,000

Accrued Warranty - Schedule of

Accrued Warranty - Schedule of Warranty Accrual Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Product Warranties Disclosures [Abstract]
Warranty accrual at beginning of period	$ 49,288	$ 35,578	$ 22,347	$ 42,020
Accrual during the period	3,105	3,365	9,183	10,057
Cost of warranty services provided during the period	(22,500)	(15,778)	(36,334)	(28,177)
Changes in estimate for pre-existing warranties, including expirations during the period and foreign exchange impact	13,062	(2,953)	47,759	(3,688)
Warranty accrual at end of period	$ 42,955	$ 20,212	$ 42,955	$ 20,212

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt, Net of Current Maturities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 196,382	$ 61,173
Less: Debts issuance cost	(4,258)	0
Long-Term Debt, Total	192,124	61,173
Less: Current maturities of long-term debt	(63,290)	(59,975)
Long-term debt, net of current maturities	128,834	1,198
Convertible Senior Unsecured Notes [Member] | U.S. [Member]
Debt Instrument [Line Items]
Total long-term debt	132,500	0
Unsecured Financing [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	48,793	43,556
Secured And Unsecured Working Capital Loans [Member] | India [Member]
Debt Instrument [Line Items]
Total long-term debt	13,695	15,246
Equipment Finance Lease [Member] | EMEA [Member]
Debt Instrument [Line Items]
Total long-term debt	54	443
Equipment Finance Lease [Member] | Mexico [Member]
Debt Instrument [Line Items]
Total long-term debt	1,270	1,909
Other Equipment Finance Lease [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 70	$ 19

Debt - Schedule of Long-Term _2

Debt - Schedule of Long-Term Debt, Net of Debt Issuance Costs and Current Maturities (Parenthetical) (Details)	Sep. 30, 2023
Debt Disclosure [Abstract]
Convertible senior unsecured notes	5.25%

Debt - Additional Information (

Debt - Additional Information (Detail) $ / shares in Units, $ in Thousands, ₨ in Millions	1 Months Ended	3 Months Ended	9 Months Ended
	Feb. 28, 2023 $ / shares	Mar. 31, 2023 USD ($)	Sep. 30, 2023 USD ($) Days $ / shares	Sep. 30, 2023 INR (₨)	Apr. 30, 2023 USD ($)	Dec. 31, 2022 USD ($) $ / shares
Debt Instrument [Line Items]
Debts issuance cost			$ 4,258			$ 0
Common stock, par value | $ / shares			$ 0.01			$ 0.01
Cost of the Capped Call Transactions		$ (18,590)
Debt instrument, amount outstanding			$ 196,382			$ 61,173
Additional indebtedness			17,000
Turkish Financial Institution [Member]
Debt Instrument [Line Items]
Unsecured debt					$ 10,000
Debt Outstsanding			10,100
Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, amount outstanding			$ 9,200
Unsecured Debt [Member] | Turkish Financial Institution [Member]
Debt Instrument [Line Items]
Weighted average interest rate on outstanding borrowings			8.82%	8.82%
Borrowed Amount			$ 9,500
Debt instrument, amount outstanding			9,500
Indian Financial Institution [Member] | INDIA
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 15,000
Indian Financial Institution [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Weighted average interest rate on outstanding borrowings			7.26%	7.26%
Borrowed Amount			$ 1,150,000
Debt instrument, amount outstanding			750,000
Indian Financial Institution [Member] | Unsecured Debt [Member] | INDIA
Debt Instrument [Line Items]
Borrowed Amount			14,100
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
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%	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	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%	130%
Notes trading days period | Days			20
Maximum [Member] | Indian Financial Institution [Member] | Unsecured Debt [Member] | INDIA
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity | ₨				₨ 1,250
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)	9 Months Ended
	Sep. 30, 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	625,114
Timed-Based Restricted Stock Units [Member] | First anniversary
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Time-based RSUs Vest	90,396
Vesting percentage	100%
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]
Vesting percentage	50%
Guaranteed Award Value (Member)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation plans, shares issued	169,326
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	75,487

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Schedule of Share-based Compensation Expense Recognized in Condensed Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,528	$ 3,584	$ 9,143	$ 10,277
Cost of Goods Sold [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	935	746	2,176	2,236
General and Administrative Expenses [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 1,593	$ 2,838	$ 6,967	$ 8,041

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Schedule of Share-based Compensation Arrangements by Share-based Payment Award (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 2,528	$ 3,584	$ 9,143	$ 10,277
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	2,176	2,989	7,367	8,396
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	284	221	736	550
Performance-based Restricted Stock Units (PSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total share-based compensation expense	$ 68	$ 374	$ 1,040	$ 1,331

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2023
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 September 30, 2023, we have additional leases related to our corporate office and field services facility totaling approximately $4.5 million which have not yet commenced, but which we expect will commence in the fourth quarter of 2023 with initial terms ranging from 7 to 8 years.
Additional lease payment for office space		$ 4.5
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		10 years
Lessee, lease options to extend lease term		5 years

Leases - Components of Lease Co

Leases - Components of Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Leases [Abstract]
Total operating lease cost	$ 9,993	$ 10,036	$ 30,140	$ 30,098
Finance lease cost
Amortization of assets under finance leases	987	1,198	3,035	3,104
Interest on finance leases	25	57	90	249
Total finance lease cost	$ 1,012	$ 1,255	$ 3,125	$ 3,353

Leases - Schedule of Lease Asse

Leases - Schedule of Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right of use assets	$ 134,732	$ 134,732	$ 152,312
Current operating lease liabilities	21,912		22,220
Noncurrent operating lease liabilities	117,038		133,363
Total operating lease liabilities	138,950		155,583
Property, plant and equipment, gross	35,850		35,948
Less: accumulated depreciation	(27,763)		(24,272)
Total property, plant and equipment, net	$ 8,087		$ 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	$ 802		$ 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	$ 592		$ 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	$ 1,394		$ 2,371

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Noncancelable Leases (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Operating Leases Abstract
Remainder of 2023	$ 9,327
2024	32,463
2025	31,915
2026	30,471
2027	25,978
Thereafter	53,523
Total future minimum lease payments	183,677
Less: interest	(44,727)
Total lease liabilities	138,950	$ 155,583
Finance Leases Abstract
Remainder of 2023	219
2024	813
2025	440
2026	27
2027	13
Thereafter	0
Total future minimum lease payments	1,512
Less: interest	(118)
Total lease liabilities	$ 1,394	$ 2,371

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 28,883	$ 29,120
Operating cash flows from finance leases	82	249
Financing cash flows from finance leases	$ 1,038	$ 5,055

Leases - Other Information Rela

Leases - Other Information Related to Leases (Detail)	Sep. 30, 2023	Dec. 31, 2022
Weighted-Average Remaining Lease Term (In Years):
Operating leases	5 years 10 months 24 days	6 years 4 months 24 days
Finance leases	1 year 9 months 18 days	2 years 1 month 6 days
Weighted-Average Discount Rate:
Operating leases	8.40%	8.30%
Finance leases	5%	6.40%

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Contracts to Hedge in Mexican Peso [Member]
Derivative [Line Items]
Hedged Asset, Fair Value Hedge	$ 3,200		$ 3,200
Cash Flow Hedging [Member] | Foreign Exchange Call Option [Member] | Contracts to Hedge in Mexican Peso [Member]
Derivative [Line Items]
Derivative notional amount	800,000		800,000		$ 0
Hedged Asset Fair Value Hedge Premium Amortization	500	$ 300	1,800	$ 1,200
Cash Flow Hedging [Member] | Foreign Exchange Call Option [Member] | Contracts to Hedge in Mexican Pesos [Member]
Derivative [Line Items]
Derivative notional amount	$ 42,100		$ 42,100

Financial Instruments - Fair Va

Financial Instruments - Fair Values and Location of Financial Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Foreign Exchange Forward Contracts [Member] | Other Current Assets [Member]
Derivatives Fair Value [Line Items]
Derivative assets, fair value	$ 2,364	$ 0

Financial Instruments - Schedul

Financial Instruments - Schedule of Pretax Amounts Reclassified From Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 379,219	$ 380,729	$ 1,203,867	$ 1,099,368
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	$ (1,235)	$ (187)	$ (1,293)	$ (1,325)

Restructuring Charges, net - Sc

Restructuring Charges, net - Schedule of Restructuring Charges, Net (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Severance	$ 1,191			$ (189)	$ 3,514	$ (634)
Other Restructuring Costs	(24)			0	(24)	244
Total restructuring charges, net	1,167	$ 2,248	$ 75	(189)	3,490	(390)
UNITED STATES
Restructuring Cost and Reserve [Line Items]
Severance	331			0	306	100
Other Restructuring Costs	(24)			0	(24)	244
Total restructuring charges, net	307	0	(25)	0	282	344
MEXICO
Restructuring Cost and Reserve [Line Items]
Severance	216			(496)	316	(1,041)
Other Restructuring Costs	0			0	0	0
Total restructuring charges, net	216	0	100	(496)	316	(1,041)
EMEA
Restructuring Cost and Reserve [Line Items]
Severance	644			307	2,892	307
Other Restructuring Costs	0			0	0	0
Total restructuring charges, net	$ 644	$ 2,248	$ 0	$ 307	$ 2,892	$ 307

Restructuring Charges, net - Ad

Restructuring Charges, net - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 1,167	$ 2,248	$ 75	$ (189)	$ 3,490	$ (390)
EMEA [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	644	$ 2,248	$ 0	307	2,892	307
INDIA
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 0			$ 0	$ 0	$ 0

Restructuring Charges, net - Su

Restructuring Charges, net - Summary of Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	$ 1,559	$ 3	$ 487		$ 487
Restructuring charges, net	1,167	2,248	75	$ (189)	3,490	$ (390)
Payments	(2,692)	(692)	(559)
Restructuring Reserve, Ending Balance	34	1,559	3		34
UNITED STATES
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	0	0	457		457
Restructuring charges, net	307	0	(25)	0	282	344
Payments	(307)	0	(432)
Restructuring Reserve, Ending Balance	0	0	0		0
MEXICO
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	0	0	0		0
Restructuring charges, net	216	0	100	(496)	316	(1,041)
Payments	(216)	0	(100)
Restructuring Reserve, Ending Balance	0	0	0		0
EMEA
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Beginning Balance	1,559	3	30		30
Restructuring charges, net	644	2,248	0	$ 307	2,892	$ 307
Payments	(2,169)	(692)	(27)
Restructuring Reserve, Ending Balance	$ 34	$ 1,559	$ 3		$ 34

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Tax Credit Carryforward [Line Items]
Income tax provision	$ 8,040	$ 2,852	$ 12,205	$ 11,678
Unremitted foreign earnings	43,000		43,000
Deferred Tax Liabilities, Unremittd Foreign Earnings	$ 4,300		$ 4,300

Net Loss Per Common Share - Add

Net Loss Per Common Share - Additional Information - (Details)	9 Months Ended
	Sep. 30, 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net loss from continuing operations	$ (56,763)	$ (6,786)	$ (137,084)	$ (28,897)
Preferred stock dividends and accretion	(16,031)	(14,976)	(46,802)	(43,658)
Net loss from continuing operations attributable to common stockholders	(72,794)	(21,762)	(183,886)	(72,555)
Net income (loss) from discontinued operations	(52)	5,319	(7,095)	6,120
Net loss attributable to common stockholders	$ (72,846)	$ (16,443)	$ (190,981)	$ (66,435)
Basic weighted-average shares outstanding	42,570	41,984	42,448	41,950
Effect of dilutive awards	0	0	0	0
Diluted weighted-average shares outstanding	42,570	41,984	42,448	41,950
Net loss from continuing operations per common share:
Basic	$ (1.71)	$ (0.52)	$ (4.33)	$ (1.73)
Diluted	(1.71)	(0.52)	(4.33)	(1.73)
Net income (loss) from discontinued operations per common share:
Basic	0	0.13	(0.17)	0.15
Diluted	0	0.13	(0.17)	0.15
Loss per common share:
Basic	(1.71)	(0.39)	(4.5)	(1.58)
Diluted	$ (1.71)	$ (0.39)	$ (4.5)	$ (1.58)
Dilutive shares excluded from the calculation due to net losses in the period	84	893	268	568
Anti dilutive share-based compensation awards that would be excluded from the calculation if income was reported in the period	762	111	147	196

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	$ (79,089)	$ (3,216)	$ 50,487	$ 115,620	$ 141,031	$ 121,952
Net current period other comprehensive income (loss)	1,474	1,069	2,010	(8,672)	(9,033)	46,074
Ending balance	(147,837)	(79,089)	(3,216)	94,277	115,620	141,031
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(9,651)	(8,835)	(10,845)	(12,507)	(5,161)	(48,530)
Other comprehensive income (loss) before reclassifications	(3,052)	(816)	2,010	(7,903)	(7,346)	43,369
Amounts reclassified from AOCL	0	0	0	0	0	0
Net tax effect	0	0	0	0	0	0
Net current period other comprehensive income (loss)	(2,151)	(816)	2,010	(7,903)	(7,346)	43,369
Ending balance	(11,802)	(9,651)	(8,835)	(20,410)	(12,507)	(5,161)
Foreign Exchange Forward Contract [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(2,657)	(4,542)	(4,542)	(4,458)	(2,771)	(5,476)
Other comprehensive income (loss) before reclassifications	318	1,943	0	(582)	(1,189)	3,345
Amounts reclassified from AOCL	3,307	(58)	0	(187)	(498)	(640)
Net tax effect	0	0	0	0	0	0
Net current period other comprehensive income (loss)	3,625	1,885	0	(769)	(1,687)	2,705
Ending balance	968	(2,657)	(4,542)	(5,227)	(4,458)	(2,771)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	(12,308)	(13,377)	(15,387)	(16,965)	(7,932)	(54,006)
Other comprehensive income (loss) before reclassifications	2,734	1,127	2,010	(8,485)	(8,535)	46,714
Amounts reclassified from AOCL	(4,208)	(58)	0	(187)	(498)	(640)
Net tax effect	0	0	0	0	0	0
Net current period other comprehensive income (loss)	1,474	1,069	2,010	(8,672)	(9,033)	46,074
Ending balance	$ (10,834)	$ (12,308)	$ (13,377)	$ (25,637)	$ (16,965)	$ (7,932)

Stockholders Equity (Additional

Stockholders Equity (Additional Information) (Details) $ in Millions	3 Months Ended
	Sep. 30, 2023 USD ($)
Equity [Abstract]
Reclassification of foreign currency translation adjustments from disposition and exit of business activities, net of tax of $0	$ 0.9
(Gain) loss on hedging derivatives reclassified to net loss	$ 4.5

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Complaint Asserts Voidance	$ 13,300
Severance		$ 1,191	$ (189)	$ 3,514	$ (634)
Proterra Bankruptcy
Net Sales Percentage				2%	3%
Proterra Bankruptcy | Non-operating expense
Charge for credit losses on contract assets		12,800
Charge for credit losses on accounts receivables		8,100		$ 8,100
Charge for inventory		1,700
Impairment charge related to fixed assets		700
Severance		$ 400

Concentration of Customers - Ad

Concentration of Customers - Additional Information (Detail) - Customer Concentration Risk [Member] - Minimum [Member]	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 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		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Concentration Risk [Line Items]
Net sales	$ 372,860	$ 384,438	$ 1,158,197	$ 1,120,465
Sales Revenues [Member] | Vestas [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 152,537	$ 136,491	$ 429,924	$ 412,050
Percentage of Total	40.90%	35.50%	37.10%	36.80%
Sales Revenues [Member] | GE [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 93,182	$ 80,976	$ 273,335	$ 220,379
Percentage of Total	25%	21.10%	23.60%	19.70%
Sales Revenues [Member] | Nordex [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Net sales	$ 99,702	$ 120,003	$ 353,286	$ 355,629
Percentage of Total	26.70%	31.20%	30.50%	31.70%

Concentration of Customers - _2

Concentration of Customers - Schedule of Trade Accounts Receivable from Certain Customers (Detail) - Accounts Receivable [Member] - Customer Concentration Risk [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Nordex [Member]
Concentration Risk [Line Items]
Percentage of Total	60.50%	65.20%
Enercon [Member]
Concentration Risk [Line Items]
Percentage of Total	16%	10.90%
Vestas [Member]
Concentration Risk [Line Items]
Percentage of Total	11.90%	7.70%

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net sales		$ 372,860	$ 384,438	$ 1,158,197	$ 1,120,465
Loss from continuing operations		(46,909)	(11,922)	(117,113)	(29,650)
Total property, plant and equipment, net		128,071		128,071		$ 136,841
U.S. [Member]
Segment Reporting Information [Line Items]
Net sales		7,184	26,755	39,164	68,969
Mexico [Member]
Segment Reporting Information [Line Items]
Net sales		156,861	164,368	478,479	486,749
Turkey [Member]
Segment Reporting Information [Line Items]
Net sales		147,328	126,504	447,640	405,552
Spain [Member]
Segment Reporting Information [Line Items]
Net sales		1,926	844	3,707	1,091
India [Member]
Segment Reporting Information [Line Items]
Net sales		59,561	65,967	189,207	158,104
U.S. Segment [Member]
Segment Reporting Information [Line Items]
Net sales		7,184	26,755	39,164	68,969
Loss from continuing operations	[1]	(29,118)	(10,510)	(41,646)	(36,803)
Total property, plant and equipment, net		24,126		24,126		23,076
Mexico Segment [Member]
Segment Reporting Information [Line Items]
Net sales		156,861	164,368	478,479	486,749
Loss from continuing operations		(35,808)	(21,030)	(121,521)	(59,002)
Total property, plant and equipment, net		51,562		51,562		56,495
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Net sales		149,254	127,348	451,347	406,643
Loss from continuing operations		10,803	11,019	28,875	54,738
Total property, plant and equipment, net		23,361		23,361		27,005
India Segment [Member]
Segment Reporting Information [Line Items]
Net sales		59,561	65,967	189,207	158,104
Loss from continuing operations		7,214	$ 8,599	17,179	$ 11,417
Total property, plant and equipment, net		$ 29,022		$ 29,022		$ 30,265
[1] The losses from operations in our U.S. segment includes corporate general and administrative costs of $ 28.7 million and $ 42.5 million, respectively, for the three and nine months ended September 30, 2023 , and $ 8.0 million and $ 22.6 million, respectively, in the comparative prior year periods.

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
General and administrative costs	$ 28,709	$ 8,030	$ 42,510	$ 22,578
U.S. Segment [Member]
Segment Reporting Information [Line Items]
General and administrative costs	$ 28,700	$ 8,000	$ 42,500	$ 22,600