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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Summary of Financial Information for Reportable Segments
Summarized financial information for the Company’s reportable segments is shown in the following tables.
(In thousands)202120202019
Net sales:
SCEM$711,291 $609,532 $526,519 
MC919,363 742,186 633,664 
AMH704,946 538,682 458,290 
Inter-segment elimination(36,707)(31,087)(27,407)
Total net sales$2,298,893 $1,859,313 $1,591,066 
(In thousands)
202120202019
Segment profit:
SCEM$167,807 $127,969 $98,327 
MC321,300 248,910 194,398 
AMH159,995 111,028 75,173 
Total segment profit$649,102 $487,907 $367,898 
(In thousands)
202120202019
Total assets:
SCEM$1,191,465 $1,022,357 $936,609 
MC946,336 819,602 786,131 
AMH598,547 437,322 372,849 
Corporate455,548 638,415 420,497 
Total assets$3,191,896 $2,917,696 $2,516,086 
(In thousands)202120202019
Depreciation and amortization:
SCEM$66,983 $71,417 $75,391 
MC41,536 39,775 41,917 
AMH29,648 25,231 23,911 
Corporate— 99 184 
Total depreciation and amortization$138,167 $136,522 $141,403 
(In thousands)202120202019
Capital expenditures:
SCEM$74,410 $54,989 $57,585 
MC69,120 40,656 28,549 
AMH67,096 36,107 25,212 
Corporate— — 1,009 
Total capital expenditures$210,626 $131,752 $112,355 
Reconciliation of Total Segment Profit to Operating Income The following table reconciles total segment profit to income before income taxes and equity in net loss of affiliate:
(In thousands)202120202019
Total segment profit$649,102 $487,907 $367,898 
Less:
Amortization of intangibles47,856 53,092 66,428 
Unallocated general and administrative expenses49,478 39,370 62,192 
Operating income551,768 395,445 239,278 
Interest expense41,240 48,600 46,962 
Interest income(243)(786)(4,652)
Other expense (income), net31,695 (6,656)(121,081)
Income before income tax expense$479,076 $354,287 $318,049 
Summary of Total Net Sales to External Customers
In the following tables, revenue is disaggregated by country or region based on the ship to location of the customer for the years ended December 31, 2021, 2020 and 2019:
2021
(In thousands)SCEMMCAMHInter-segmentTotal
North America$208,997 $133,653 $219,853 $(36,707)$525,796 
Taiwan117,056 225,086 111,968 — 454,110 
South Korea97,568 114,211 105,493 — 317,272 
Japan89,767 161,569 51,267 — 302,603 
China102,791 164,471 97,157 — 364,419 
Europe50,136 70,011 89,121 — 209,268 
Southeast Asia44,976 50,362 30,087 125,425 
$711,291 $919,363 $704,946 $(36,707)$2,298,893 
2020
(In thousands)SCEMMCAMHInter-segmentTotal
North America$189,009 $144,015 $164,576 $(31,087)$466,513 
Taiwan106,665 171,201 94,339 — 372,205 
South Korea88,580 91,997 92,623 — 273,200 
Japan73,366 124,321 45,209 — 242,896 
China77,817 108,588 61,458 — 247,863 
Europe35,027 67,090 52,321 — 154,438 
Southeast Asia39,068 34,974 28,156 — 102,198 
$609,532 $742,186 $538,682 $(31,087)$1,859,313 
(In thousands)2019
SCEMMCAMHInter-segmentTotal
North America$149,570 $113,551 $145,150 $(27,407)$380,864 
Taiwan94,561 144,404 70,864 — 309,829 
South Korea76,447 98,568 69,352 — 244,367 
Japan57,456 104,202 43,832 — 205,490 
China67,877 98,693 48,170 — 214,740 
Europe33,147 45,454 53,622 — 132,223 
Southeast Asia47,461 28,792 27,300 — 103,553 
$526,519 $633,664 $458,290 $(27,407)$1,591,066 
Summary of Property, Plant and Equipment Attributed to Significant Countries The following table summarizes property, plant and equipment, net, attributed to significant countries for the years ended December 31, 2021, 2020 and 2019:
(In thousands)202120202019
Property, plant and equipment:
North America$417,549 $348,363 $329,323 
South Korea58,725 55,404 43,540 
Japan56,357 41,044 37,851 
Malaysia29,443 32,727 34,339 
China32,133 29,528 16,473 
Taiwan58,444 17,050 16,264 
Other1,447 1,251 1,754 
$654,098 $525,367 $479,544