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Segment Information and Net Sales (Tables)
6 Months Ended
Jun. 30, 2020
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 June 30, 2020

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

323,439

 

 

$

190,543

 

 

$

53,785

 

 

$

567,767

 

Intercompany elimination

 

 

(133,552

)

 

 

(121,545

)

 

 

(24,001

)

 

 

(279,098

)

Net sales

 

$

189,887

 

 

$

68,998

 

 

$

29,784

 

 

$

288,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

319,740

 

 

$

173,694

 

 

$

66,124

 

 

$

559,558

 

Intercompany elimination

 

 

(116,105

)

 

 

(94,278

)

 

 

(27,169

)

 

 

(237,552

)

Net sales

 

$

203,635

 

 

$

79,416

 

 

$

38,955

 

 

$

322,006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

625,302

 

 

$

358,715

 

 

$

112,786

 

 

$

1,096,803

 

Intercompany elimination

 

 

(250,473

)

 

 

(226,009

)

 

 

(50,935

)

 

 

(527,417

)

Net sales

 

$

374,829

 

 

$

132,706

 

 

$

61,851

 

 

$

569,386

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

355,704

 

 

$

24,435

 

 

$

70,476

 

 

$

450,615

 

Total assets

 

$

1,494,605

 

 

$

230,888

 

 

$

211,670

 

 

$

1,937,163

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

593,640

 

 

$

274,974

 

 

$

117,176

 

 

$

985,790

 

Intercompany elimination

 

 

(189,702

)

 

 

(132,194

)

 

 

(39,595

)

 

 

(361,491

)

Net sales

 

$

403,938

 

 

$

142,780

 

 

$

77,581

 

 

$

624,299

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

399,378

 

 

$

22,450

 

 

$

48,862

 

 

$

470,690

 

Total assets

 

$

1,190,443

 

 

$

235,248

 

 

$

188,468

 

 

$

1,614,159

 

 

 

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 three months and six months ended June 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

June 30,

 

 

Net Sales by Region

 

2020

 

 

2019

 

 

Asia

 

$

223,056

 

 

$

239,082

 

 

Europe

 

 

43,145

 

 

 

46,050

 

 

Americas

 

 

22,468

 

 

 

36,874

 

 

Total net sales

 

$

288,669

 

 

$

322,006

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

92,671

 

 

$

108,931

 

 

Distributor sales

 

 

195,998

 

 

 

213,075

 

 

Total net sales

 

$

288,669

 

 

$

322,006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

June 30,

 

 

Net Sales by Region

 

2020

 

 

2019

 

 

Asia

 

$

433,861

 

 

$

463,371

 

 

Europe

 

 

90,076

 

 

 

84,444

 

 

Americas

 

 

45,449

 

 

 

76,484

 

 

Total net sales

 

$

569,386

 

 

$

624,299

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

280,581

 

 

$

195,289

 

 

Distributor sales

 

 

288,805

 

 

 

429,010

 

 

Total net sales

 

$

569,386

 

 

$

624,299