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Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt

Borrowings outstanding as of March 31, 2021 and December 31, 2020, are set forth in the table below:

 

 

 

March 31,

 

 

December 31,

 

 

 

 

Current Amount

Description

 

2021

2020

Interest Rate

 

Maturity

Short-term debt

 

$

67,624

 

 

$

140,567

 

 

Libor plus margin

 

Various during 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

Term loan and revolver

 

$

217,969

 

 

$

282,250

 

 

Libor plus margin

 

May 2024

Notes payable to Bank of Taiwan

 

 

4,067

 

 

 

4,154

 

 

Variable, 1.3% base

 

June 2033

Notes payable to Bank of China Trust Company

 

 

3,504

 

 

 

3,511

 

 

Taibor 3 month rate + 0.5%

 

December 2021

Notes payable to Bank of China Trust Company

 

 

16,678

 

 

 

16,714

 

 

Taibor 3 month rate + 0.5%

 

May 2024

Notes payable to E Sun Bank

 

 

3,504

 

 

 

3,511

 

 

1-M deposit rate plus 0.08%

 

December 2022

Notes payable to E Sun Bank

 

 

385

 

 

 

386

 

 

1-M deposit rate plus 0.08%

 

June 2027

Notes payable to E Sun Bank

 

 

1,717

 

 

 

1,721

 

 

1-M deposit rate plus 0.08%

 

June 2030

Notes payable to HSBC

 

 

100,000

 

 

 

-

 

 

Libor plus margin

 

January 2023

Total long-term debt

 

 

347,824

 

 

 

312,247

 

 

 

 

 

Less:  Current portion of long-term debt

 

 

(18,353

)

 

 

(21,860

)

 

 

 

 

Less:  Unamortized debt costs

 

 

(2,464

)

 

 

(2,208

)

 

 

 

 

Total long-term debt, net of current portion

 

$

327,007

 

 

$

288,179