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Segment Information and Net Sales (Tables)
3 Months Ended
Mar. 31, 2022
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:

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2022

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

450,885

 

 

$

293,770

 

 

$

78,057

 

 

$

822,712

 

Intercompany elimination

 

 

(157,163

)

 

 

(157,577

)

 

 

(25,849

)

 

 

(340,589

)

Net sales

 

$

293,722

 

 

$

136,193

 

 

$

52,208

 

 

$

482,123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

465,262

 

 

$

22,413

 

 

$

102,240

 

 

$

589,915

 

Total assets

 

$

1,590,331

 

 

$

347,098

 

 

$

228,033

 

 

$

2,165,462

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

471,069

 

 

$

246,827

 

 

$

60,174

 

 

$

778,070

 

Intercompany elimination

 

 

(178,950

)

 

 

(160,829

)

 

 

(25,170

)

 

 

(364,949

)

Net sales

 

$

292,119

 

 

$

85,998

 

 

$

35,004

 

 

$

413,121

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

400,149

 

 

$

24,539

 

 

$

85,779

 

 

$

510,467

 

Total assets

 

$

1,461,428

 

 

$

240,063

 

 

$

288,851

 

 

$

1,990,342

 

The tables below set forth net sales for the Company disaggregated into geographic locations based on shipment and by type (direct sales or Distributor):
Schedule of Net Sales by Direct Sales or Distributor and Location T

 

 

 

 

 

 

 

 

 

 

Three Months Ended

Net Sales by Region

 

2022

 

 

2021

 

 

Asia

 

$

364,816

 

 

$

334,976

 

 

Europe

 

 

64,771

 

 

 

48,386

 

 

Americas

 

 

52,536

 

 

 

29,759

 

 

Total net sales

 

$

482,123

 

 

$

413,121

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

148,418

 

 

$

147,722

 

 

Distributor sales

 

 

333,705

 

 

 

265,399

 

 

Total net sales

 

$

482,123

 

 

$

413,121