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Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2021
Segment and Geographic Data [Abstract]  
Segment reporting information
The following tables set forth business segment information:

   
MOSFETs
   
Diodes
   
Optoelectronic
Components
   
Resistors
   
Inductors
   
Capacitors
   
Corporate /
Other
   
Total
 
 
                                               
Year ended December 31, 2021:
                                           
Net revenues
 
$
667,998
   
$
709,416
   
$
302,714
   
$
752,554
   
$
335,638
   
$
472,167
   
$
-
   
$
3,240,487
 
Gross Profit
   
189,959
     
168,365
     
100,737
     
215,853
     
107,358
     
105,641
     
-
   
$
887,913
 
Segment Operating Income
   
148,652
     
145,814
     
82,378
     
190,953
     
97,482
     
85,342
     
-
   
$
750,621
 
Depreciation expense
   
30,257
     
40,406
     
14,585
     
34,344
     
14,448
     
17,129
     
8,078
   
$
159,247
 
Capital expenditures
   
44,227
     
45,772
     
25,068
     
57,729
     
24,377
     
13,099
     
8,100
   
$
218,372
 
 
                                                               
Total Assets as of December 31, 2021:
 
$
503,937
   
$
815,751
   
$
377,815
   
$
783,390
   
$
355,353
   
$
496,129
   
$
210,882
   
$
3,543,257
 
 
                                                               
Year ended December 31, 2020:
                                                         
Net revenues
 
$
501,380
   
$
502,548
   
$
236,616
   
$
606,183
   
$
293,629
   
$
361,542
   
$
-
   
$
2,501,898
 
Gross Profit
   
114,236
     
90,004
     
66,502
     
153,214
     
92,500
     
70,010
     
(4,563
)
 
$
581,903
 
Segment Operating Income
   
76,548
     
69,663
     
50,369
     
130,700
     
82,472
     
50,753
     
(4,563
)
 
$
455,942
 
Depreciation expense
   
30,835
     
39,380
     
16,003
     
32,531
     
13,821
     
17,349
     
8,198
   
$
158,117
 
Capital expenditures
   
18,621
     
31,960
     
12,873
     
21,298
     
20,730
     
11,198
     
6,919
   
$
123,599
 
 
                                                               
Total Assets as of December 31, 2020:
 
$
447,867
   
$
704,606
   
$
341,517
   
$
693,251
   
$
330,092
   
$
438,906
   
$
198,234
   
$
3,154,473
 
 
                                                               
Year ended December 31, 2019:
                                                         
Net revenues
 
$
509,145
   
$
557,143
   
$
222,986
   
$
657,192
   
$
298,642
   
$
423,197
   
$
-
   
$
2,668,305
 
Gross Profit
   
126,026
     
113,647
     
53,463
     
186,707
     
96,893
     
94,464
     
-
   
$
671,200
 
Segment Operating Income
   
88,994
     
94,130
     
37,145
     
162,969
     
86,395
     
74,063
     
-
   
$
543,696
 
Depreciation expense
   
32,614
     
38,930
     
16,803
     
28,909
     
13,316
     
17,253
     
8,160
   
$
155,985
 
Capital expenditures
   
35,131
     
38,242
     
12,448
     
34,395
     
17,836
     
9,916
     
8,673
   
$
156,641
 
 
                                                               
Total Assets as of December 31, 2019:
 
$
404,412
   
$
755,945
   
$
328,871
   
$
653,195
   
$
334,791
   
$
449,823
   
$
193,738
   
$
3,120,775
 
________________
Operating margin reconciliation
   
Years ended December 31,
 
 
 
2021
   
2020
   
2019
 
Reconciliation:
                 
Segment Operating Income
 
$
750,621
   
$
455,942
   
$
543,696
 
Restructuring and Severance Costs
   
-
     
(743
)
   
(24,139
)
Impact of COVID-19 Pandemic on Selling, General, and Administrative Expenses
   
-
     
1,451
     
-
 
Unallocated Selling, General, and Administrative Expenses
   
(282,819
)
   
(246,940
)
   
(257,127
)
Consolidated Operating Income (Loss)
 
$
467,802
   
$
209,710
   
$
262,430
 
Unallocated Other Income (Expense)
   
(33,192
)
   
(51,382
)
   
(36,132
)
Consolidated Income Before Taxes
 
$
434,610
   
$
158,328
   
$
226,298
 
Disaggregation of Revenue
The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors.  The distribution of sales by customer type is shown below:

   
Years Ended December 31,
 
 
 
2021
   
2020
   
2019
 
Distributors
 
$
1,902,499
   
$
1,328,953
   
$
1,393,412
 
OEMs
   
1,138,569
     
1,003,090
     
1,082,701
 
EMS companies
   
199,419
     
169,855
     
192,192
 
   
$
3,240,487
   
$
2,501,898
   
$
2,668,305
 
Net revenues were attributable to customers in the following regions:

 
 
Years Ended December 31,
 
 
 
2021
   
2020
   
2019
 
                   
Asia
 
$
1,392,267
   
$
1,028,073
   
$
965,030
 
Europe
   
1,072,025
     
854,847
     
993,101
 
Americas
   
776,195
     
618,978
     
710,174
 
   
$
3,240,487
   
$
2,501,898
   
$
2,668,305
 
The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets.  Sales by end market are presented below:

   
Years Ended December 31,
 
 
 
2021
   
2020
   
2019
 
                   
Industrial
 
$
1,269,150
   
$
864,032
   
$
946,118
 
Automotive
   
994,039
     
796,853
     
830,876
 
Telecommunications
   
100,651
     
109,001
     
170,088
 
Computing
   
245,463
     
204,166
     
182,781
 
Consumer Products
   
165,384
     
118,896
     
107,983
 
Power Supplies
   
165,190
     
116,966
     
119,361
 
Military and Aerospace
   
170,484
     
162,484
     
179,228
 
Medical
   
130,126
     
129,500
     
131,870
 
   
$
3,240,487
   
$
2,501,898
   
$
2,668,305
 
Revenues Based on Geographic Area
The following table summarizes net revenues based on revenues generated by subsidiaries located within the identified geographic area:

 
 
Years ended December 31,
 
 
 
2021
   
2020
   
2019
 
 
                 
United States
 
$
750,862
   
$
592,460
   
$
686,985
 
Germany
   
976,907
     
772,194
     
910,509
 
Other Europe
   
134,773
     
103,475
     
113,473
 
Israel
   
20,362
     
16,609
     
17,787
 
Asia
   
1,357,583
     
1,017,160
     
939,551
 
   
$
3,240,487
   
$
2,501,898
   
$
2,668,305
 
Property and Equipment Based on Geographic Area
The following table summarizes property and equipment based on physical location:

   
December 31,
 
 
 
2021
   
2020
 
 
           
United States
 
$
115,036
   
$
95,570
 
Germany
   
203,414
     
199,076
 
Other Europe
   
110,859
     
118,604
 
Israel
   
76,057
     
79,267
 
People's Republic of China
   
218,721
     
201,848
 
Republic of China (Taiwan)
   
168,165
     
167,177
 
Other Asia
   
81,741
     
77,024
 
Other
   
5,486
     
4,599
 
 
 
$
979,479
   
$
943,165