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EQUITY INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Summary of Exchange Rate Translation The Company's proportionate share of Vasconia's net income (loss) has been translated from MXN to USD using the following exchange rates:
Year Ended December 31,
202120202019
Average exchange rate (MXN to USD)
20.01 - 20.74
19.91 - 23.31
19.11 - 19.42
Equity Method Investments Schedule of Amounts Due to and Due from Related Parties Current The amounts due to and due from Vasconia as of December 31, 2021 and 2020 are as follows (in thousands):
Vasconia due to and due from balancesBalance Sheet LocationDecember 31, 2021December 31, 2020
Amounts due from VasconiaPrepaid expenses and other current assets$80 $55 
Amounts due to VasconiaAccrued expenses and Accounts payable$(146)(91)
Summarized Income Statement Information for Vasconia in USD and MXN Summarized income statement information for the years ended December 31, 2021, 2020 and 2019, as well as summarized balance sheet information as of December 31, 2021 and 2020, for Vasconia, calculated in accordance with U.S. GAAP, in USD and MXN is as follows:
Year Ended December 31,
202120202019
(in thousands)
USDMXNUSDMXNUSDMXN
Income Statement
Net sales$240,186 $4,871,845 $156,391 $3,330,855 $159,746 $3,074,398 
Gross profit52,574 1,064,557 24,947 540,244 34,032 654,342 
Income (loss) from operations
15,536 313,156 (102)6,674 8,620 165,287 
Net income7,017 141,972 5,566 108,678 1,757 28,892 
Summarized Balance Sheet Information for Vasconia in USD and MXN
December 31,
20212020
(in thousands)
USDMXNUSDMXN
Balance Sheet
Current assets$127,544 $2,609,038 $94,820 $1,885,323 
Non-current assets123,938 2,535,273 100,140 1,991,116 
Current liabilities93,365 1,909,870 69,241 1,376,742 
Non-current liabilities57,753 1,181,398 48,419 962,723