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Segment Information and Net Sales (Tables)
9 Months Ended
Sep. 30, 2019
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.

 

Three Months Ended September 30, 2019

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

323,876

 

 

$

175,900

 

 

$

63,583

 

 

$

563,359

 

Intercompany elimination

 

 

(115,879

)

 

 

(96,150

)

 

 

(27,656

)

 

 

(239,685

)

Net sales

 

$

207,997

 

 

$

79,750

 

 

$

35,927

 

 

$

323,674

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2018

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

283,635

 

 

$

51,640

 

 

$

49,209

 

 

$

384,484

 

Intercompany elimination

 

 

(40,690

)

 

 

(8,773

)

 

 

(14,075

)

 

 

(63,538

)

Net sales

 

$

242,945

 

 

$

42,867

 

 

$

35,134

 

 

$

320,946

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2019

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

917,516

 

 

$

450,874

 

 

$

180,759

 

 

$

1,549,149

 

Intercompany elimination

 

 

(305,581

)

 

 

(228,344

)

 

 

(67,251

)

 

 

(601,176

)

Net sales

 

$

611,935

 

 

$

222,530

 

 

$

113,508

 

 

$

947,973

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

385,862

 

 

$

23,186

 

 

$

59,074

 

 

$

468,122

 

Total assets

 

 

1,173,683

 

 

 

237,467

 

 

 

198,663

 

 

$

1,609,813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2018

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

797,455

 

 

$

116,868

 

 

$

150,382

 

 

$

1,064,705

 

Intercompany elimination

 

 

(106,330

)

 

 

(16,276

)

 

 

(42,556

)

 

 

(165,162

)

Net sales

 

$

691,125

 

 

$

100,592

 

 

$

107,826

 

 

$

899,543

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

399,632

 

 

$

30,133

 

 

$

24,321

 

 

$

454,086

 

Total assets

 

$

1,075,840

 

 

$

202,024

 

 

$

189,920

 

 

$

1,467,784

 

Schedule of Net Sales by Direct Sales or Distributor and Location

The tables below set forth the amount of net sales by type (direct sales or Distributor) and the location of the customer based on the location where the products were shipped for the three and nine months ended September 30, 2019 and 2018:

 

 

 

Net Sales for the Three Months Ended September 30,

 

 

 

Direct Sales

 

 

Distributor

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

$

57,952

 

 

$

60,037

 

 

$

105,305

 

 

$

113,191

 

U.S.

 

 

2,388

 

 

 

4,409

 

 

 

20,723

 

 

 

30,550

 

Korea

 

 

6,546

 

 

 

4,597

 

 

 

10,594

 

 

 

13,250

 

Germany

 

 

3,079

 

 

 

3,076

 

 

 

16,705

 

 

 

20,912

 

Singapore

 

 

124

 

 

 

637

 

 

 

16,166

 

 

 

16,979

 

Taiwan

 

 

819

 

 

 

621

 

 

 

21,850

 

 

 

17,675

 

All others (1)

 

 

39,405

 

 

 

20,574

 

 

 

22,018

 

 

 

14,438

 

Total

 

$

110,313

 

 

$

93,951

 

 

$

213,361

 

 

$

226,995

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percent of Net Sales by Type for the Three Months Ended September 30,

 

 

 

Direct Sales

 

 

Distributor

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

 

53

%

 

 

64

%

 

 

49

%

 

 

50

%

U.S.

 

 

2

%

 

 

5

%

 

 

10

%

 

 

13

%

Korea

 

 

6

%

 

 

5

%

 

 

5

%

 

 

6

%

Germany

 

 

3

%

 

 

3

%

 

 

8

%

 

 

9

%

Singapore

 

 

 

 

 

1

%

 

 

8

%

 

 

7

%

Taiwan

 

 

1

%

 

 

1

%

 

 

10

%

 

 

8

%

All others (1)

 

 

35

%

 

 

21

%

 

 

10

%

 

 

7

%

Total

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Net Sales for the Three Months Ended September 30,

 

 

 

Dollars

 

 

Percent of Net Sales

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

$

163,257

 

 

$

173,228

 

 

 

50

%

 

 

54

%

U.S.

 

 

23,111

 

 

 

34,959

 

 

 

7

%

 

 

11

%

Korea

 

 

17,140

 

 

 

17,847

 

 

 

5

%

 

 

6

%

Germany

 

 

19,784

 

 

 

23,988

 

 

 

6

%

 

 

7

%

Singapore

 

 

16,290

 

 

 

17,616

 

 

 

5

%

 

 

5

%

Taiwan

 

 

22,669

 

 

 

18,296

 

 

 

7

%

 

 

6

%

All others (1)

 

 

61,423

 

 

 

35,012

 

 

 

20

%

 

 

11

%

Total

 

$

323,674

 

 

$

320,946

 

 

 

100

%

 

 

101

%

 

 

 

 

Net Sales for the Nine Months Ended September 30,

 

 

 

Direct Sales

 

 

Distributor

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

$

169,861

 

 

$

164,109

 

 

$

305,197

 

 

$

323,875

 

U.S.

 

 

8,509

 

 

 

12,866

 

 

 

78,693

 

 

 

78,081

 

Korea

 

 

17,309

 

 

 

12,148

 

 

 

27,588

 

 

 

32,163

 

Germany

 

 

9,536

 

 

 

9,001

 

 

 

53,355

 

 

 

63,343

 

Singapore

 

 

490

 

 

 

1,549

 

 

 

47,022

 

 

 

52,380

 

Taiwan

 

 

1,977

 

 

 

2,399

 

 

 

65,421

 

 

 

52,696

 

All others (1)

 

 

97,920

 

 

 

52,558

 

 

 

65,095

 

 

 

42,375

 

Total

 

$

305,602

 

 

$

254,630

 

 

$

642,371

 

 

$

644,913

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percent of Net Sales by Type for the Nine Months Ended September 30,

 

 

 

Direct Sales

 

 

Distributor

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

 

56

%

 

 

64

%

 

 

48

%

 

 

50

%

U.S.

 

 

3

%

 

 

5

%

 

 

12

%

 

 

12

%

Korea

 

 

6

%

 

 

5

%

 

 

4

%

 

 

5

%

Germany

 

 

3

%

 

 

4

%

 

 

8

%

 

 

10

%

Singapore

 

 

 

 

 

1

%

 

 

7

%

 

 

8

%

Taiwan

 

 

1

%

 

 

1

%

 

 

10

%

 

 

8

%

All others (1)

 

 

31

%

 

 

20

%

 

 

11

%

 

 

7

%

Total

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Net Sales for the Nine Months Ended September 30,

 

 

 

Dollar

 

 

Percent of Net Sales

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

China

 

$

475,058

 

 

$

487,984

 

 

 

50

%

 

 

54

%

U.S.

 

 

87,202

 

 

 

90,947

 

 

 

9

%

 

 

10

%

Korea

 

 

44,897

 

 

 

44,311

 

 

 

5

%

 

 

5

%

Germany

 

 

62,891

 

 

 

72,344

 

 

 

7

%

 

 

8

%

Singapore

 

 

47,512

 

 

 

53,929

 

 

 

5

%

 

 

6

%

Taiwan

 

 

67,398

 

 

 

55,095

 

 

 

7

%

 

 

6

%

All others (1)

 

 

163,015

 

 

 

94,933

 

 

 

17

%

 

 

11

%

Total

 

$

947,973

 

 

$

899,543

 

 

 

100

%

 

 

100

%

 

 

(1) Represents countries with less than 3% of the total net sales each.