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Segment Information and Net Sales (Tables)
9 Months Ended
Sep. 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 September 30, 2020

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

374,456

 

 

$

225,503

 

 

$

57,207

 

 

$

657,166

 

Intercompany elimination

 

 

(161,630

)

 

 

(157,370

)

 

 

(28,707

)

 

 

(347,707

)

Net sales

 

$

212,826

 

 

$

68,133

 

 

$

28,500

 

 

$

309,459

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

Asia

 

 

North America

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

999,758

 

 

$

584,218

 

 

$

169,993

 

 

$

1,753,969

 

Intercompany elimination

 

 

(412,103

)

 

 

(383,379

)

 

 

(79,642

)

 

 

(875,124

)

Net sales

 

$

587,655

 

 

$

200,839

 

 

$

90,351

 

 

$

878,845

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

355,608

 

 

$

24,455

 

 

$

73,424

 

 

$

453,487

 

Total assets

 

$

1,551,935

 

 

$

263,444

 

 

$

217,273

 

 

$

2,032,652

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

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 nine months ended September 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

September 30,

 

 

Net Sales by Region

 

2020

 

 

2019

 

 

Asia

 

$

243,773

 

 

$

240,390

 

 

Europe

 

 

41,897

 

 

 

53,336

 

 

Americas

 

 

23,789

 

 

 

29,948

 

 

Total net sales

 

$

309,459

 

 

$

323,674

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

115,437

 

 

$

110,313

 

 

Distributor sales

 

 

194,022

 

 

 

213,361

 

 

Total net sales

 

$

309,459

 

 

$

323,674

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

September 30,

 

 

Net Sales by Region

 

2020

 

 

2019

 

 

Asia

 

$

677,634

 

 

$

703,761

 

 

Europe

 

 

131,973

 

 

 

137,780

 

 

Americas

 

 

69,238

 

 

 

106,432

 

 

Total net sales

 

$

878,845

 

 

$

947,973

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

396,018

 

 

$

305,602

 

 

Distributor sales

 

 

482,827

 

 

 

642,371

 

 

Total net sales

 

$

878,845

 

 

$

947,973