New Accounting Standards (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Changes and Error Corrections [Abstract]

Schedule of the impacted previously reported results

The adoption of the standard impacted our previously reported results as follows:

	For the Three Months Ended September 30, 2017
	As Previously Reported		New Accounting Pronouncement Adjustment		As Adjusted
	(In thousands, except per share data)
Income Statement:
Net sales	$	1,135,027	$	13,857	$	1,148,884
Cost of sales	918,389		6,607		924,996
Gross profit	216,638		7,250		223,888
Income tax expense	18,752		2,511		21,263
Net income	55,630		4,828		60,458
Net income attributable to Amkor	54,435		4,829		59,264
Net income attributable to Amkor per common share - diluted	0.23		0.02		0.25

	For the Nine Months Ended September 30, 2017
	As Previously Reported		New Accounting Pronouncement Adjustment		As Adjusted
	(In thousands, except per share data)
Income Statement:
Net sales	$	3,038,074	$	18,479	$	3,056,553
Cost of sales	2,506,295		13,520		2,519,815
Gross profit	531,779		4,959		536,738
Income tax expense	51,764		1,640		53,404
Net income	162,945		3,575		166,520
Net income attributable to Amkor	159,936		3,555		163,491
Net income attributable to Amkor per common share - diluted	0.67		0.01		0.68

	December 31, 2017
	As Previously Reported			New Accounting Pronouncement Adjustment			As Adjusted
	(In thousands)
Balance Sheet:
Accounts receivable, net	$	692,287		$	105,977		$	798,264
Inventories	326,492			(112,843		)	213,649
Other assets	146,051			(6,255		)	139,796
Accrued expenses	374,598			(43,730		)	330,868
Other non-current liabilities	46,144			1,679			47,823
Accumulated deficit (1)	(42,851		)	28,948			(13,903		)

(1) The adjustment to accumulated deficit includes the 2017 and 2016 net income impact for the adoption of Topic 606 of $2.8 million and $11.3 million, respectively. The adjustment also includes the cumulative impact to our 2016 beginning accumulated deficit of $14.8 million.