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Segment and Geographic Data (Tables)

12 Months Ended

Dec. 31, 2020

Segment and Geographic Data [Abstract]

The following tables set forth business segment information:

	MOSFETs		Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Corporate / Other			Total

Year ended December 31, 2020:
Net revenues	$	501,380	$	502,548	$	236,616	$	606,183	$	293,629	$	361,542	$	-		$	2,501,898
Gross Profit		114,236		90,004		66,502		153,214		92,500		70,010		(4,563	)	$	581,903
Segment Operating Income		76,548		69,663		50,369		130,700		82,472		50,753		(4,563	)	$	455,942
Depreciation expense		30,835		39,380		16,003		32,531		13,821		17,349		8,198		$	158,117
Capital expenditures		18,621		31,960		12,873		21,298		20,730		11,198		6,919		$	123,599

Total Assets as of December 31, 2020:	$	447,867	$	704,606	$	341,517	$	693,251	$	330,092	$	438,906	$	198,234		$	3,154,473

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

________________

Operating margin reconciliation

	Years ended December 31,
	2020			2019			2018
Reconciliation:
Segment Operating Income	$	455,942		$	543,696		$	755,888
Restructuring and Severance Costs		(743	)		(24,139	)		-
Impact of COVID-19 on Selling, General, and Administrative Expenses		1,451			-			-
Unallocated Selling, General, and Administrative Expenses		(246,940	)		(257,127	)		(270,768	)
Consolidated Operating Income (Loss)	$	209,710		$	262,430		$	485,120
Unallocated Other Income (Expense)		(51,382	)		(36,132	)		(68,344	)
Consolidated Income Before Taxes	$	158,328		$	226,298		$	416,776

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,
	2020		2019		2018
Distributors	$	1,328,953	$	1,393,412	$	1,742,262
OEMs		1,003,090		1,082,701		1,085,292
EMS companies		169,855		192,192		207,135
	$	2,501,898	$	2,668,305	$	3,034,689

Note 15 – Segment and Geographic Data (continued)

Net revenues were attributable to customers in the following regions:

	Years Ended December 31,
	2020		2019		2018
Asia	$	1,028,073	$	965,030	$	1,193,827
Europe		854,847		993,101		1,081,073
Americas		618,978		710,174		759,789
	$	2,501,898	$	2,668,305	$	3,034,689

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,
	2020		2019		2018
Industrial	$	864,032	$	946,118	$	1,139,880
Automotive		796,853		830,876		861,436
Telecommunications		109,001		170,088		200,379
Computing		204,166		182,781		228,831
Consumer Products		118,896		107,983		168,884
Power Supplies		116,966		119,361		144,433
Military and Aerospace		162,484		179,228		162,921
Medical		129,500		131,870		127,925
	$	2,501,898	$	2,668,305	$	3,034,689

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,
	2020		2019		2018

United States	$	592,460	$	686,985	$	743,647
Germany		772,194		910,509		982,082
Other Europe		103,475		113,473		123,846
Israel		16,609		17,787		13,299
Asia		1,017,160		939,551		1,171,815
	$	2,501,898	$	2,668,305	$	3,034,689

Property and Equipment Based on Geographic Area

The following table summarizes property and equipment based on physical location:

	December 31,
	2020		2019

United States	$	95,570	$	100,163
Germany		199,076		179,218
Other Europe		118,604		116,883
Israel		79,267		92,636
People's Republic of China		201,848		215,139
Republic of China (Taiwan)		167,177		161,374
Other Asia		77,024		81,338
Other		4,599		4,774
	$	943,165	$	951,525