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Enterprise Wide Segment Information and Net Sales (Tables)
6 Months Ended
Jun. 30, 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:

Three Months Ended June 30, 2022

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

464,154

 

 

$

313,884

 

 

$

86,399

 

 

$

864,437

 

Intercompany elimination

 

 

(166,656

)

 

 

(166,594

)

 

 

(30,215

)

 

 

(363,465

)

Net sales

 

$

297,498

 

 

$

147,290

 

 

$

56,184

 

 

$

500,972

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

483,083

 

 

$

261,725

 

 

$

67,598

 

 

$

812,406

 

Intercompany elimination

 

 

(176,404

)

 

 

(167,318

)

 

 

(28,236

)

 

 

(371,958

)

Net sales

 

$

306,679

 

 

$

94,407

 

 

$

39,362

 

 

$

440,448

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2022

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

915,039

 

 

$

607,654

 

 

$

164,456

 

 

$

1,687,149

 

Intercompany elimination

 

 

(323,819

)

 

 

(324,171

)

 

 

(56,064

)

 

 

(704,054

)

Net sales

 

$

591,220

 

 

$

283,483

 

 

$

108,392

 

 

$

983,095

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

472,923

 

 

$

100,092

 

 

$

98,639

 

 

$

671,654

 

Total assets

 

$

1,627,631

 

 

$

424,489

 

 

$

232,924

 

 

$

2,285,044

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

954,152

 

 

$

508,552

 

 

$

127,772

 

 

$

1,590,476

 

Intercompany elimination

 

 

(355,354

)

 

 

(328,147

)

 

 

(53,406

)

 

 

(736,907

)

Net sales

 

$

598,798

 

 

$

180,405

 

 

$

74,366

 

 

$

853,569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

412,421

 

 

$

25,044

 

 

$

84,717

 

 

$

522,182

 

Total assets

 

$

1,423,099

 

 

$

350,339

 

 

$

219,531

 

 

$

1,992,969

 

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

 

2022

 

 

2021

 

 

Asia

 

$

372,055

 

 

$

353,312

 

 

Europe

 

 

68,032

 

 

 

54,056

 

 

Americas

 

 

60,885

 

 

 

33,080

 

 

Total net sales

 

$

500,972

 

 

$

440,448

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

147,249

 

 

$

151,048

 

 

Distributor sales

 

 

353,723

 

 

 

289,400

 

 

Total net sales

 

$

500,972

 

 

$

440,448

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

Net Sales by Region

 

2022

 

 

2021

 

 

Asia

 

$

736,871

 

 

$

687,937

 

 

Europe

 

 

132,803

 

 

 

102,442

 

 

Americas

 

 

113,421

 

 

 

63,190

 

 

Total net sales

 

$

983,095

 

 

$

853,569

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

295,667

 

 

$

298,939

 

 

Distributor sales

 

 

687,428

 

 

 

554,630

 

 

Total net sales

 

$

983,095

 

 

$

853,569