XML 41 R31.htm IDEA: XBRL DOCUMENT v3.23.2
Enterprise Wide Segment Information and Net Sales (Tables)
6 Months Ended
Jun. 30, 2023
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:

For the Three Months Ended June 30, 2023

 

Asia

 

Americas

 

Europe

 

Consolidated

 

Total sales

 

$

403,434

 

$

333,178

 

 

$

117,393

 

 

$

854,005

 

Intercompany elimination

 

 

(188,504

)

 

(165,537

)

 

 

(32,812

)

 

 

(386,853

)

Net sales

 

$

214,930

 

 

$

167,641

 

 

$

84,581

 

 

$

467,152

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2023

 

Asia

 

Americas

 

Europe

 

Consolidated

 

Total sales

 

$

827,596

 

 

664,585

 

 

$

217,438

 

 

$

1,709,619

 

Intercompany elimination

 

 

(369,969

)

 

(340,688

)

 

 

(64,569

)

 

 

(775,226

)

Net sales

 

$

457,627

 

 

$

323,897

 

 

$

152,869

 

 

$

934,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

540,172

 

 

$

90,588

 

 

$

117,355

 

 

$

748,115

 

Total assets

 

$

1,553,842

 

 

$

505,460

 

 

$

281,769

 

 

$

2,341,071

 

 

 

 

 

 

 

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

 

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):

 

 

For the Three Months Ended June 30,

Net Sales by Region

 

2023

 

 

2022

 

 

Asia

 

$

313,754

 

 

$

372,055

 

 

Europe

 

 

92,239

 

 

 

68,032

 

 

Americas

 

 

61,159

 

 

 

60,885

 

 

Total net sales

 

$

467,152

 

 

$

500,972

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

144,083

 

 

$

147,249

 

 

Distributor sales

 

 

323,069

 

 

 

353,723

 

 

Total net sales

 

$

467,152

 

 

$

500,972

 

 

 

 

 

 

 

 

 

 

 

 

For the Six Months Ended June 30,

 

 

Net Sales by Region

 

2023

 

 

2022

 

 

Asia

 

$

637,922

 

 

$

736,871

 

 

Europe

 

 

169,229

 

 

 

132,803

 

 

Americas

 

 

127,242

 

 

 

113,421

 

 

Total net sales

 

$

934,393

 

 

$

983,095

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

279,028

 

 

$

295,667

 

 

Distributor sales

 

 

655,365

 

 

 

687,428

 

 

Total net sales

 

$

934,393

 

 

$

983,095