Related Parties

3 Months Ended

Mar. 31, 2013

Related Parties [Abstract]

Related Parties [TextBlock]

NOTE N– Related Parties

The Company conducts business with two related companies, Lite-On Semiconductor Corporation and its subsidiaries and affiliates (collectively, “LSC”) and Keylink International (B.V.I.) Inc. and its subsidiaries and affiliates (collectively, “Keylink”). LSC owned approximately 18% of the Company's outstanding Common Stock as of March 31, 2013.Keylink is the Company's 5% joint venture partner in the Company's Shanghai manufacturing facilities.

The Audit Committee of theCompany's Board reviews all related party arrangements for potential conflict of interest situations on an ongoing basis, in accordance with such procedures as the Audit Committee may adopt from time to time.

Lite-On Semiconductor Corporation – During both the three months ended March 31, 2013 and 2012, the Company sold products to LSC totaling approximately0% of its net sales. For the three months ended March 31, 2013 and 2012, approximately 1%and 3%, respectively, of the Company's net sales were from semiconductor products purchased from LSC for subsequent sale, making LSC one of the Company's largest suppliers.

       Net sales to, and purchases from, LSC are as follows (in thousands):

		Three Months Ended
		March 31,
		2013		2012
Net sales	$	103	$	47
Purchases	$	7,509	$	7,418

Keylink International (B.V.I.) Inc. – During the three months ended March 31, 2013 and 2012, the Company sold products to Keylink totaling approximately 2% and 3% of its net sales, respectively. For the three months ended March 31, 2013 and 2012, approximately 0%and 1%, respectively, of the Company's net sales were from semiconductor products purchased from Keylink for subsequent sale. In addition, the Company's subsidiariesin China lease their manufacturing facilities from, and subcontract a portion of their manufacturing process (including, but not limited to, metal plating and environmental services) toKeylink. The Company also pays a consulting fee to Keylink. The aggregate amounts for these services for both the three months ended March 31, 2013 and 2012 wereapproximately $4 million.

Net sales to, and purchases from, Keylinkare as follows (in thousands):

		Three Months Ended
		March 31,
		2013		2012
Net sales	$	3,648	$	4,472
Purchases	$	1,528	$	1,804

Accounts receivable from, and accounts payable to, LSC and Keylink are as follows (in thousands):

		March 31,		December 31,
		2013		2012
Accounts receivable
LSC	$	100	$	204
Keylink		10,507		10,457
	$	10,607	$	10,661
Accounts payable
LSC	$	5,731	$	5,308
Keylink		4,701		5,095
	$	10,432	$	10,403