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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Information

The following tables set forth certain information regarding each of our segments:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Net sales by segment:

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

20,657

 

 

$

59,449

 

 

$

42,214

 

 

$

110,442

 

Asia

 

 

59,865

 

 

 

91,106

 

 

 

101,211

 

 

 

168,034

 

Mexico

 

 

191,985

 

 

 

140,482

 

 

 

322,381

 

 

 

257,234

 

EMEA

 

 

129,610

 

 

 

105,350

 

 

 

279,295

 

 

 

217,716

 

India

 

 

50,251

 

 

 

62,454

 

 

 

92,137

 

 

 

110,095

 

Total net sales

 

$

452,368

 

 

$

458,841

 

 

$

837,238

 

 

$

863,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales by geographic location (1):

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

20,657

 

 

$

59,449

 

 

$

42,214

 

 

$

110,442

 

China

 

 

59,865

 

 

 

91,106

 

 

 

101,211

 

 

 

168,034

 

Mexico

 

 

191,985

 

 

 

140,482

 

 

 

322,381

 

 

 

257,234

 

Turkey

 

 

129,610

 

 

 

105,350

 

 

 

279,295

 

 

 

217,716

 

India

 

 

50,251

 

 

 

62,454

 

 

 

92,137

 

 

 

110,095

 

Total net sales

 

$

452,368

 

 

$

458,841

 

 

$

837,238

 

 

$

863,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. (2)

 

$

(16,643

)

 

$

2,836

 

 

$

(23,177

)

 

$

(7,077

)

Asia

 

 

(156

)

 

 

8,105

 

 

 

(6,265

)

 

 

10,814

 

Mexico

 

 

(14,268

)

 

 

(27,944

)

 

 

(37,972

)

 

 

(33,675

)

EMEA

 

 

20,102

 

 

 

10,782

 

 

 

43,719

 

 

 

20,570

 

India

 

 

2,927

 

 

 

4,188

 

 

 

2,818

 

 

 

4,128

 

Total loss from operations

 

$

(8,038

)

 

$

(2,033

)

 

$

(20,877

)

 

$

(5,240

)

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Property, plant and equipment, net:

 

 

 

 

 

 

U.S.

 

$

23,450

 

 

$

25,522

 

Asia (China)

 

 

22,898

 

 

 

26,965

 

Mexico

 

 

63,741

 

 

 

71,208

 

EMEA (Turkey)

 

 

25,974

 

 

 

14,413

 

India

 

 

31,035

 

 

 

31,470

 

Total property, plant and equipment, net

 

$

167,098

 

 

$

169,578

 

 

(1) Net sales are attributable to countries based on the location where the product is manufactured or the services are performed.

(2) The losses from operations in our U.S. segment includes corporate general and administrative costs of $6.6 million and $14.5 million for the three and six months ended June 30, 2022, respectively, and $6.7 million and $15.6 million, respectively, in the comparative prior year periods.