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

Three Months Ended June 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

483,083

 

 

$

261,725

 

 

$

67,598

 

 

$

812,406

 

Intercompany elimination

 

 

(176,404

)

 

 

(167,318

)

 

 

(28,236

)

 

 

(371,958

)

Net sales

 

$

306,679

 

 

$

94,407

 

 

$

39,362

 

 

$

440,448

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2020

 

Asia

 

 

Americas

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2021

 

Asia

 

 

Americas

 

 

Europe

 

 

Consolidated

 

Total sales

 

$

954,152

 

 

$

508,552

 

 

$

127,772

 

 

$

1,590,476

 

Intercompany elimination

 

 

(355,354

)

 

 

(328,147

)

 

 

(53,406

)

 

 

(736,907

)

Net sales

 

$

598,798

 

 

$

180,405

 

 

$

74,366

 

 

$

853,569

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

$

412,421

 

 

$

25,044

 

 

$

84,717

 

 

$

522,182

 

Total assets

 

$

1,423,099

 

 

$

350,339

 

 

$

219,531

 

 

$

1,992,969

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2020

 

Asia

 

 

Americas

 

 

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

 

 

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):

 

 

 

Three Months Ended

 

 

June 30,

 

 

Net Sales by Region

 

2021

 

 

2020

 

 

Asia

 

$

353,312

 

 

$

223,056

 

 

Europe

 

 

54,056

 

 

 

43,145

 

 

Americas

 

 

33,080

 

 

 

22,468

 

 

Total net sales

 

$

440,448

 

 

$

288,669

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

151,048

 

 

$

92,671

 

 

Distributor sales

 

 

289,400

 

 

 

195,998

 

 

Total net sales

 

$

440,448

 

 

$

288,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

June 30,

 

 

Net Sales by Region

 

2021

 

 

2020

 

 

Asia

 

$

687,937

 

 

$

433,861

 

 

Europe

 

 

102,442

 

 

 

90,076

 

 

Americas

 

 

63,190

 

 

 

45,449

 

 

Total net sales

 

$

853,569

 

 

$

569,386

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales by Type

 

 

 

 

 

 

 

 

 

Direct sales

 

$

298,939

 

 

$

280,581

 

 

Distributor sales

 

 

554,630

 

 

 

288,805

 

 

Total net sales

 

$

853,569

 

 

$

569,386