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Segment Information and Enterprise-Wide Disclosure (Text Block)
12 Months Ended
Dec. 31, 2013
Segment Information and Enterprise-Wide Disclosure [Abstract]  
Segment Information and Enterprise-Wide Disclosures [Text Block]

NOTE 15 SEGMENT INFORMATION AND ENTERPRISE-WIDE DISCLOSURES

 

       An operating segment is defined as a component of an enterprise about which separate financial information is available that is evaluated regularly by the chief decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief decision-making group consists of the President and Chief Executive Officer, Chief Financial Officer, Senior Vice President of Operations and Senior Vice President of Sales and Marketing. For financial reporting purposes, the Company operates in a single segment, standard semiconductor products, through its various manufacturing and distribution facilities. The Company aggregates its products in a single segment because the products have similar economic characteristics, are similar in production process and manufacture flow, and share the same customers and target end-equipment markets.

 

The Company's primary operations include the operations in Asia, North America and Europe. Revenues are attributed to geographic areas based on the location of subsidiaries producing the revenues:

2013 Asia  North America  Europe   Consolidated
            
Total sales$ 750,339 $ 143,251 $ 165,179 $ 1,058,769
Inter-company sales  (75,731)   (65,947)   (90,245)   (231,923)
Net sales$ 674,608 $ 77,304 $ 74,934 $ 826,846
            
Property, plant and equipment$ 268,196 $ 30,040 $ 23,777 $ 322,013
Assets$ 858,114 $ 120,104 $ 184,040 $ 1,162,258
            
2012 Asia  North America  Europe  Consolidated
            
Total sales$ 573,085 $ 133,973 $ 154,955 $ 862,013
Inter-company sales  (75,230)   (66,626)   (86,351)   (228,207)
Net sales$ 497,855 $ 67,347 $ 68,604 $ 633,806
            
Property, plant and equipment$ 186,563 $ 31,309 $ 25,424 $ 243,296
Assets$ 554,603 $ 136,261 $ 229,199 $ 920,063
            
2011 Asia  North America  Europe  Consolidated
            
Total sales$ 559,109 $ 137,789 $ 194,455 $ 891,353
Inter-company sales  (82,958)   (61,907)   (111,237)   (256,102)
Net sales$ 476,151 $ 75,882 $ 83,218 $ 635,251
            
Property, plant and equipment$ 162,022 $ 33,684 $ 29,687 $ 225,393
Assets$ 494,375 $ 112,863 $ 185,826 $ 793,064

The accounting policies of the operating entities are the same as those described in the summary of significant accounting policies. Sales are attributed to geographic areas based on the location of the subsidiaries producing the sales.

Geographic Information - Historically, the Company reported revenues “billed to” customers located in various countries. In 2013, the Company changed to revenues “shipped to” customer locations as it believes the change better represents where the Company's customers business activities occur. All years presented reflect this change.

 

Revenues were derived from (shipped to) customers located in the following countries. “All others” represents countries with less than 3% of total revenues each:

     % of Total
2013  Revenue Revenue
China $ 522,587 63%
U.S.   72,232 9%
Korea   68,693 8%
Germany   45,631 6%
Singapore   43,066 5%
Taiwan   30,233 4%
All others   44,404 5%
Total $ 826,846 100%
      
     % of Total
2012  Revenue Revenue
China $ 381,307 60%
U.S.   62,862 10%
Korea   52,670 8%
Germany   41,037 6%
Singapore   26,877 4%
Taiwan   20,973 3%
All others   48,080 9%
Total $ 633,806 100%
      
     % of Total
2011  Revenue Revenue
China $ 359,647 57%
U.S.   71,796 11%
Germany   48,264 8%
Korea   39,051 6%
Taiwan   33,437 5%
Singapore   24,036 4%
All others   59,020 9%
Total $ 635,251 100%

Major customers No customer accounted for 10% or greater of the Company's total net sales in 2013, 2012 and 2011.