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Related Parties
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Related Parties

NOTE 23 – RELATED PARTIES:

In 2022, ATR periodically had loans outstanding with its minority shareholder. Amounts borrowed and repaid approximated $5,776 (RMB 38,471) in 2022. In addition, ATR repaid an existing loan in 2021 of approximately $1,056 (RMB 6,901). No loans are outstanding as of December 31, 2022 or 2021.

Interest on the borrowings equaled the three-to-five-year loan interest rate set by the People’s Bank of China in effect at the time of the borrowing, which approximated 4.785% and 5% for 2022 and 2021, respectively. Interest paid in 2022, including interest accumulated on previous loans, approximated $1,766 (RMB 11,063). Interest paid in 2021 approximated $479 (RMB 3,046). Accrued interest as of December 31, 2021 approximated $1,713 (RMB 10,901), and was recorded in other current liabilities on the consolidated balance sheet. No interest was outstanding as of December 31, 2022.

Purchases from ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, approximated $6,666 (RMB 44,856) and $11,368 (RMB 73,299) in 2022 and 2021, respectively. At December 31, 2022 and 2021, the amount payable to ATR’s minority shareholder and its affiliates for purchases approximated $412 (RMB 2,841) and $1,125 (RMB 7,157), respectively. Additionally, customer deposits from ATR’s minority shareholder and its affiliates approximated $368 (RMB 2,542) and $616 (RMB 3,921) at December 31, 2022 and 2021, respectively. Sales to ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, approximated $9,934 (RMB 66,849) and $9,842 (RMB 63,460) for 2022 and 2021, respectively. At December 31, 2022, the amount due from ATR's minority shareholder or its affiliates approximated $1,066 (RMB 7,352). No amounts were due from ATR’s minority shareholder or its affiliates as of December 31, 2021.