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Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2019
Segment and Geographic Data [Abstract]  
Segment reporting information The following tables set forth business segment information:

 
 
MOSFETs
   
Diodes
   
Optoelectronic
Components
   
Resistors
   
Inductors
   
Capacitors
   
Corporate /
Other
   
Total
 
 
                                               
Year ended December 31, 2019:
                                           
Net revenues
 
$
509,145
   
$
557,143
   
$
222,986
   
$
657,192
   
$
298,642
   
$
423,197
   
$
-
   
$
2,668,305
 
Gross Profit
   
126,026
     
113,647
     
53,463
     
186,707
     
96,893
     
94,464
     
-
   
$
671,200
 
Segment Operating Income
   
88,994
     
94,130
     
37,145
     
162,969
     
86,395
     
74,063
     
-
   
$
543,696
 
Depreciation expense
   
32,614
     
38,930
     
16,803
     
28,909
     
13,316
     
17,253
     
8,160
   
$
155,985
 
Capital expenditures
   
35,131
     
38,242
     
12,448
     
34,395
     
17,836
     
9,916
     
8,673
   
$
156,641
 
 
                                                               
Total Assets as of December 31, 2019:
 
$
404,412
   
$
755,945
   
$
328,871
   
$
653,195
   
$
334,791
   
$
449,823
   
$
193,738
   
$
3,120,775
 
 
                                                               
Year ended December 31, 2018:
                                                         
Net revenues
 
$
547,643
   
$
712,936
   
$
289,727
   
$
716,394
   
$
301,892
   
$
466,097
   
$
-
   
$
3,034,689
 
Gross Profit
   
145,923
     
196,702
     
100,219
     
238,356
     
98,912
     
108,412
     
-
   
$
888,524
 
Segment Operating Income
   
106,955
     
175,752
     
82,681
     
214,347
     
89,224
     
86,929
     
-
   
$
755,888
 
Depreciation expense
   
32,104
     
38,197
     
16,612
     
26,416
     
11,292
     
17,745
     
7,690
   
$
150,056
 
Capital expenditures
   
49,557
     
57,756
     
19,935
     
50,978
     
29,884
     
12,200
     
9,589
   
$
229,899
 
 
                                                               
Total Assets as of December 31, 2018:
 
$
444,356
   
$
804,784
   
$
342,656
   
$
587,595
   
$
287,240
   
$
487,540
   
$
152,027
   
$
3,106,198
 
 
                                                               
Year ended December 31, 2017:
                                                         
Net revenues
 
$
467,476
   
$
619,958
   
$
284,429
   
$
590,465
   
$
253,064
   
$
383,976
   
$
-
   
$
2,599,368
 
Gross Profit
   
109,603
     
165,176
     
98,000
     
179,443
     
72,462
     
78,425
     
-
   
$
703,109
 
Segment Operating Income
   
74,174
     
145,645
     
80,499
     
159,812
     
63,066
     
58,544
     
-
   
$
581,740
 
Depreciation expense
   
34,731
     
37,396
     
16,871
     
23,853
     
10,230
     
17,736
     
8,066
   
$
148,883
 
Capital expenditures
   
33,475
     
38,681
     
16,115
     
44,214
     
22,793
     
11,135
     
4,019
   
$
170,432
 
 
                                                               
Total Assets as of December 31, 2017:
 
$
412,598
   
$
792,610
   
$
332,228
   
$
664,609
   
$
330,030
   
$
568,113
   
$
361,901
   
$
3,462,089
 
________________

Operating margin reconciliation
 
 
Years ended December 31,
 
 
 
2019
   
2018
   
2017
 
Reconciliation:
                 
Segment Operating Income
 
$
543,696
   
$
755,888
   
$
581,740
 
Restructuring and Severance Costs
   
(24,139
)
   
-
     
(11,273
)
Unallocated Selling, General, and Administrative Expenses
   
(257,127
)
   
(270,768
)
   
(246,462
)
Consolidated Operating Income (Loss)
 
$
262,430
   
$
485,120
   
$
324,005
 
Unallocated Other Income (Expense)
   
(36,132
)
   
(68,344
)
   
(44,641
)
Consolidated Income Before Taxes
 
$
226,298
   
$
416,776
   
$
279,364
 
Disaggregation of Revenue
The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors.  The distribution of sales by customer type is shown below:


 
 
Years Ended December 31,
 
 
 
2019
   
2018
   
2017
 
Distributors
 
$
1,393,412
   
$
1,742,262
   
$
1,484,276
 
OEMs
   
1,082,701
     
1,085,292
     
931,291
 
EMS companies
   
192,192
     
207,135
     
183,801
 
   
$
2,668,305
   
$
3,034,689
   
$
2,599,368
 

Net revenues were attributable to customers in the following regions:

 
 
Years Ended December 31,
 
 
 
2019
   
2018
   
2017
 
Asia
 
$
965,030
   
$
1,193,827
   
$
1,091,107
 
Europe
   
993,101
     
1,081,073
     
902,357
 
Americas
   
710,174
     
759,789
     
605,904
 
   
$
2,668,305
   
$
3,034,689
   
$
2,599,368
 

The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets.  Sales by end market are presented below:

 
 
Years Ended December 31,
 
 
 
2019
   
2018
   
2017
 
Industrial
 
$
946,118
   
$
1,139,880
   
$
934,631
 
Automotive
   
830,876
     
861,436
     
727,220
 
Telecommunications
   
170,088
     
200,379
     
190,682
 
Computing
   
182,781
     
228,831
     
198,850
 
Consumer Products
   
107,983
     
168,884
     
145,243
 
Power Supplies
   
119,361
     
144,433
     
160,038
 
Military and Aerospace
   
179,228
     
162,921
     
132,898
 
Medical
   
131,870
     
127,925
     
109,806
 
   
$
2,668,305
   
$
3,034,689
   
$
2,599,368
 

Revenues Based on Geographic Area
The following table summarizes net revenues based on revenues generated by subsidiaries located within the identified geographic area:

 
 
Years ended December 31,
 
 
 
2019
   
2018
   
2017
 
 
                 
United States
 
$
686,985
   
$
743,647
   
$
590,839
 
Germany
   
910,509
     
982,082
     
837,258
 
Other Europe
   
113,473
     
123,846
     
99,636
 
Israel
   
17,787
     
13,299
     
11,075
 
Asia
   
939,551
     
1,171,815
     
1,060,560
 
   
$
2,668,305
   
$
3,034,689
   
$
2,599,368
 
Property and Equipment Based on Geographic Area The following table summarizes property and equipment based on physical location:

 
 
December 31,
 
 
 
2019
   
2018
 
 
           
United States
 
$
100,163
   
$
117,138
 
Germany
   
179,218
     
169,941
 
Other Europe
   
116,883
     
121,964
 
Israel
   
92,636
     
103,675
 
People's Republic of China
   
215,139
     
217,681
 
Republic of China (Taiwan)
   
161,374
     
145,644
 
Other Asia
   
81,338
     
88,864
 
Other
   
4,774
     
4,094
 
 
 
$
951,525
   
$
969,001