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Segment Information and Net Sales (Tables)
3 Months Ended
Mar. 31, 2021
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.

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

471,069

 

 

$

246,827

 

 

$

60,174

 

 

$

778,070

 

Intercompany elimination

 

 

(178,950

)

 

 

(160,829

)

 

 

(25,170

)

 

 

(364,949

)

Net sales

 

$

292,119

 

 

$

85,998

 

 

$

35,004

 

 

$

413,121

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

400,149

 

 

$

24,539

 

 

$

85,779

 

 

$

510,467

 

Total assets

 

$

1,461,428

 

 

$

240,063

 

 

$

288,851

 

 

$

1,990,342

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2020

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

301,863

 

 

$

168,172

 

 

$

59,001

 

 

$

529,036

 

Intercompany elimination

 

 

(116,921

)

 

 

(104,464

)

 

 

(26,934

)

 

 

(248,319

)

Net sales

 

$

184,942

 

 

$

63,708

 

 

$

32,067

 

 

$

280,717

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

364,624

 

 

$

24,110

 

 

$

67,388

 

 

$

456,122

 

Total assets

 

$

1,208,572

 

 

$

197,178

 

 

$

214,516

 

 

$

1,620,266

 

 

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 ended March 31, 2021 and 2020:

 

 

 

Three Months Ended

 

 

March 31,

 

 

Net Sales by Region

 

2021

 

 

2020

 

 

Asia

 

$

334,976

 

 

$

210,805

 

 

Europe

 

 

48,386

 

 

 

46,931

 

 

Americas

 

 

29,759

 

 

 

22,981

 

 

Total net sales

 

$

413,121

 

 

$

280,717

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

147,722

 

 

$

99,544

 

 

Distributor sales

 

 

265,399

 

 

 

181,173

 

 

Total net sales

 

$

413,121

 

 

$

280,717