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Segment And Geographic Information (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule Of Operating Segments Information about operating segments is as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands)

2022

 

 

2021

 

 

2022

 

 

2021

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

Americas

$

360,275

 

 

$

292,270

 

 

$

665,855

 

 

$

569,108

 

Asia

 

320,462

 

 

 

222,539

 

 

 

607,708

 

 

 

410,843

 

Europe

 

69,850

 

 

 

51,620

 

 

 

140,191

 

 

 

112,500

 

Elimination of intersegment sales

 

(22,558

)

 

 

(21,767

)

 

 

(49,642

)

 

 

(42,068

)

 

$

728,029

 

 

$

544,662

 

 

$

1,364,112

 

 

$

1,050,383

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

Americas

$

4,772

 

 

$

5,252

 

 

$

9,627

 

 

$

10,547

 

Asia

 

2,551

 

 

 

2,657

 

 

 

5,098

 

 

 

5,343

 

Europe

 

814

 

 

 

692

 

 

 

1,618

 

 

 

1,404

 

Corporate

 

2,828

 

 

 

2,338

 

 

 

5,519

 

 

 

4,700

 

 

$

10,965

 

 

$

10,939

 

 

$

21,862

 

 

$

21,994

 

Income from operations:

 

 

 

 

 

 

 

 

 

 

 

Americas

$

16,121

 

 

$

11,995

 

 

$

26,486

 

 

$

20,229

 

Asia

 

29,852

 

 

 

25,467

 

 

 

57,658

 

 

 

42,819

 

Europe

 

1,008

 

 

 

1,702

 

 

 

5,646

 

 

 

6,940

 

Corporate and intersegment eliminations

 

(24,549

)

 

 

(28,465

)

 

 

(51,951

)

 

 

(47,355

)

 

 

22,432

 

 

 

10,699

 

 

 

37,839

 

 

 

22,633

 

Interest expense

 

(2,185

)

 

 

(2,079

)

 

 

(3,935

)

 

 

(4,228

)

Interest income

 

261

 

 

 

164

 

 

 

391

 

 

 

329

 

Other expense

 

784

 

 

 

440

 

 

 

490

 

 

 

164

 

Income before income taxes

$

21,292

 

 

$

9,224

 

 

$

34,785

 

 

$

18,898

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

Americas

$

2,576

 

 

$

6,923

 

 

$

15,092

 

 

$

11,842

 

Asia

 

2,119

 

 

 

2,129

 

 

 

6,047

 

 

 

2,334

 

Europe

 

1,452

 

 

 

2,433

 

 

 

3,249

 

 

 

2,719

 

Corporate

 

849

 

 

 

712

 

 

 

583

 

 

 

1,724

 

 

$

6,996

 

 

$

12,197

 

 

$

24,971

 

 

$

18,619

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

 

 

 

 

 

2022

 

 

2021

 

Total assets:

 

 

 

 

 

 

 

 

 

 

 

Americas

 

 

 

 

 

 

$

993,027

 

 

$

885,574

 

Asia

 

 

 

 

 

 

 

792,772

 

 

 

663,881

 

Europe

 

 

 

 

 

 

 

198,334

 

 

 

178,263

 

Corporate

 

 

 

 

 

 

 

182,652

 

 

 

176,162

 

 

 

 

 

 

 

 

$

2,166,785

 

 

$

1,903,880

 

Schedule Of Geographic Net Sales And Long-Lived Assets

Geographic net sales information provided below reflects the destination of the product shipped. Long-lived assets information is based on the physical location of the asset and includes property, plant and equipment, net, operating lease right-of-use assets, and other long-term assets, net.

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Geographic net sales:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

401,842

 

 

$

321,605

 

 

$

730,952

 

 

$

618,648

 

Singapore

 

 

116,284

 

 

 

78,598

 

 

 

221,956

 

 

 

141,755

 

Other Asia

 

 

85,805

 

 

 

46,258

 

 

 

160,715

 

 

 

85,103

 

Europe

 

 

96,705

 

 

 

66,965

 

 

 

195,970

 

 

 

142,291

 

Other

 

 

27,393

 

 

 

31,236

 

 

 

54,519

 

 

 

62,586

 

 

 

$

728,029

 

 

$

544,662

 

 

$

1,364,112

 

 

$

1,050,383

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

(in thousands)

 

 

 

 

 

 

 

2022

 

 

2021

 

Long-lived assets:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

 

 

 

 

 

 

$

251,049

 

 

$

240,430

 

Asia

 

 

 

 

 

 

 

 

65,025

 

 

 

65,327

 

Europe

 

 

 

 

 

 

 

 

29,444

 

 

 

29,588

 

Other

 

 

 

 

 

 

 

 

20,003

 

 

 

22,303

 

 

 

 

 

 

 

 

 

$

365,521

 

 

$

357,648