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Segment Information and Net Sales (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Net Sales from Based on Location of the Subsidiary

The tables below set forth net sales based on the location of the subsidiary producing the net sale:

Three Months Ended September 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

503,968

 

 

$

300,055

 

 

$

74,335

 

 

$

878,358

 

Intercompany elimination

 

 

(196,858

)

 

 

(180,396

)

 

 

(29,682

)

 

 

(406,936

)

Net sales

 

$

307,110

 

 

$

119,659

 

 

$

44,653

 

 

$

471,422

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2020

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

374,456

 

 

$

225,503

 

 

$

57,207

 

 

$

657,166

 

Intercompany elimination

 

 

(161,630

)

 

 

(157,370

)

 

 

(28,707

)

 

 

(347,707

)

Net sales

 

$

212,826

 

 

$

68,133

 

 

$

28,500

 

 

$

309,459

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

1,458,120

 

 

$

808,607

 

 

$

202,107

 

 

$

2,468,834

 

Intercompany elimination

 

 

(552,212

)

 

 

(508,543

)

 

 

(83,088

)

 

 

(1,143,843

)

Net sales

 

$

905,908

 

 

$

300,064

 

 

$

119,019

 

 

$

1,324,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

421,254

 

 

$

23,792

 

 

$

95,474

 

 

$

540,520

 

Total assets

 

$

1,456,670

 

 

$

345,471

 

 

$

239,768

 

 

$

2,041,909

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

999,758

 

 

$

584,218

 

 

$

169,993

 

 

$

1,753,969

 

Intercompany elimination

 

 

(412,103

)

 

 

(383,379

)

 

 

(79,642

)

 

 

(875,124

)

Net sales

 

$

587,655

 

 

$

200,839

 

 

$

90,351

 

 

$

878,845

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

355,608

 

 

$

24,455

 

 

$

73,424

 

 

$

453,487

 

Total assets

 

$

1,551,935

 

 

$

263,444

 

 

$

217,273

 

 

$

2,032,652

 

Schedule of Net Sales by Direct Sales or Distributor and Location

The tables below set forth net sales for the Company disaggregated into geographic locations based on shipment and by type (direct sales or Distributor):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

Net Sales by Region

 

2021

 

 

2020

 

 

Asia

 

$

376,062

 

 

$

243,773

 

 

Europe

 

 

58,202

 

 

 

41,897

 

 

Americas

 

 

37,158

 

 

 

23,789

 

 

Total net sales

 

$

471,422

 

 

$

309,459

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

159,247

 

 

$

115,437

 

 

Distributor sales

 

 

312,175

 

 

 

194,022

 

 

Total net sales

 

$

471,422

 

 

$

309,459

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

Net Sales by Region

 

2021

 

 

2020

 

 

Asia

 

$

1,064,001

 

 

$

677,634

 

 

Europe

 

 

160,643

 

 

 

131,973

 

 

Americas

 

 

100,347

 

 

 

69,238

 

 

Total net sales

 

$

1,324,991

 

 

$

878,845

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

458,017

 

 

$

396,018

 

 

Distributor sales

 

 

866,974

 

 

 

482,827

 

 

Total net sales

 

$

1,324,991

 

 

$

878,845