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Segment Information, Revenue and Enterprise-Wide Disclosures (Tables)
12 Months Ended
Dec. 31, 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:

2023

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

1,560,595

 

 

$

1,210,561

 

 

$

378,442

 

 

$

3,149,598

 

Inter-company sales

 

 

(684,927

)

 

 

(670,624

)

 

 

(132,308

)

 

 

(1,487,859

)

Net sales

 

$

875,668

 

 

$

539,937

 

 

$

246,134

 

 

$

1,661,739

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

$

545,865

 

 

$

85,005

 

 

$

115,299

 

 

$

746,169

 

Assets

 

$

1,600,858

 

 

$

544,247

 

 

$

222,554

 

 

$

2,367,659

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

1,891,855

 

 

$

1,361,223

 

 

$

358,930

 

 

$

3,612,008

 

Inter-company sales

 

 

(769,630

)

 

 

(722,872

)

 

 

(118,926

)

 

 

(1,611,428

)

Net sales

 

$

1,122,225

 

 

$

638,351

 

 

$

240,004

 

 

$

2,000,580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

$

529,365

 

 

$

95,584

 

 

$

111,781

 

 

$

736,730

 

Assets

 

$

1,599,805

 

 

$

440,014

 

 

$

248,493

 

 

$

2,288,312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

1,939,540

 

 

$

1,108,460

 

 

$

278,126

 

 

$

3,326,126

 

Inter-company sales

 

 

(730,058

)

 

 

(678,662

)

 

 

(112,244

)

 

 

(1,520,964

)

Net sales

 

$

1,209,482

 

 

$

429,798

 

 

$

165,882

 

 

$

1,805,162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

$

456,109

 

 

$

22,943

 

 

$

103,026

 

 

$

582,079

 

Assets

 

$

1,547,518

 

 

$

415,133

 

 

$

231,844

 

 

$

2,194,495

 

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 twelve months ended December 31, 2023, 2022 and 2021:

Net Sales by Region

 

2023

 

 

2022

 

 

2021

 

Asia

 

$

1,181,519

 

 

$

1,480,191

 

 

$

1,439,545

 

Europe

 

 

287,549

 

 

 

283,900

 

 

 

220,772

 

Americas

 

 

192,671

 

 

 

236,489

 

 

 

144,845

 

Total net sales

 

$

1,661,739

 

 

$

2,000,580

 

 

$

1,805,162

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

2023

 

 

2022

 

 

2021

 

Direct sales

 

$

530,446

 

 

$

590,173

 

 

$

607,645

 

Distributor sales

 

 

1,131,293

 

 

 

1,410,407

 

 

 

1,197,517

 

Total net sales

 

$

1,661,739

 

 

$

2,000,580

 

 

$

1,805,162