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Enterprise Wide Segment Information and Net Sales (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024

 

Asia

 

Americas

 

Europe

 

Consolidated

 

Total sales

 

$

329,426

 

 

223,773

 

 

$

66,387

 

 

$

619,586

 

Intercompany elimination

 

 

(148,884

)

 

(136,430

)

 

 

(32,300

)

 

 

(317,614

)

Net sales

 

$

180,542

 

 

$

87,343

 

 

$

34,087

 

 

$

301,972

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and, equipment, net

 

$

529,187

 

 

$

82,838

 

 

$

111,453

 

 

$

723,478

 

Total assets

 

$

1,617,774

 

 

$

502,459

 

 

$

235,939

 

 

$

2,356,172

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2023

 

Asia

 

Americas

 

Europe

 

Consolidated

 

Total sales

 

$

424,162

 

$

331,407

 

 

$

100,045

 

 

$

855,614

 

Intercompany elimination

 

 

(181,465

)

 

(175,151

)

 

 

(31,757

)

 

 

(388,373

)

Net sales

 

$

242,697

 

 

$

156,256

 

 

$

68,288

 

 

$

467,241

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and, equipment, net

 

$

550,373

 

 

$

92,729

 

 

$

112,605

 

 

$

755,707

 

Total assets

 

$

1,590,485

 

 

$

442,763

 

 

$

252,313

 

 

$

2,285,561

 

 

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 destination and by type (direct sales or Distributor):

 

 

For the Three Months Ended March 31,

Net Sales by Region

 

2024

 

 

2023

 

 

Asia

 

$

228,420

 

 

$

324,167

 

 

Europe

 

 

47,450

 

 

 

76,990

 

 

Americas

 

 

26,102

 

 

 

66,084

 

 

Total net sales

 

$

301,972

 

 

$

467,241

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

Direct sales

 

$

118,164

 

 

$

134,945

 

 

Distributor sales

 

 

183,808

 

 

 

332,296

 

 

Total net sales

 

$

301,972

 

 

$

467,241