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Segment And Geographic Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule Of Operating Segments Information about operating segments is as follows:

 

 

 

Three Months Ended
March 31,

 

(in thousands)

 

2023

 

 

2022

 

Net sales:

 

 

 

 

 

 

Americas

 

$

397,208

 

 

$

305,580

 

Asia

 

 

268,043

 

 

 

287,246

 

Europe

 

 

77,855

 

 

 

70,341

 

Elimination of intersegment sales

 

 

(48,411

)

 

 

(27,084

)

 

$

694,695

 

 

$

636,083

 

Depreciation and amortization:

 

 

 

 

 

 

Americas

 

$

5,132

 

 

$

4,855

 

Asia

 

 

2,351

 

 

 

2,547

 

Europe

 

 

778

 

 

 

804

 

Corporate

 

 

2,839

 

 

 

2,691

 

 

$

11,100

 

 

$

10,897

 

Income from operations:

 

 

 

 

 

 

Americas

 

$

13,331

 

 

$

10,365

 

Asia

 

 

28,784

 

 

 

27,806

 

Europe

 

 

6,686

 

 

 

4,638

 

Corporate and intersegment eliminations

 

 

(26,059

)

 

 

(27,402

)

 

 

22,742

 

 

 

15,407

 

Interest expense

 

 

(6,450

)

 

 

(1,750

)

Interest income

 

 

1,258

 

 

 

130

 

Other expense

 

 

(2,165

)

 

 

(294

)

Income before income taxes

 

$

15,385

 

 

$

13,493

 

Capital expenditures:

 

 

 

 

 

 

Americas

 

$

23,109

 

 

$

12,516

 

Asia

 

 

7,548

 

 

 

3,928

 

Europe

 

 

1,688

 

 

 

1,797

 

Corporate

 

 

6,386

 

 

 

(266

)

 

$

38,731

 

 

$

17,975

 

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Total assets:

 

 

 

 

 

 

Americas

 

$

1,118,529

 

 

$

1,055,533

 

Asia

 

 

774,147

 

 

 

764,164

 

Europe

 

 

188,513

 

 

 

183,443

 

Corporate

 

 

197,459

 

 

 

224,191

 

 

 

$

2,278,648

 

 

$

2,227,331

 

 

 

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
March 31,

 

(in thousands)

 

2023

 

 

2022

 

Geographic net sales:

 

 

 

 

 

 

United States

 

$

431,185

 

 

$

329,110

 

Singapore

 

 

86,956

 

 

 

105,672

 

Other Asia

 

 

45,253

 

 

 

74,910

 

Europe

 

 

104,693

 

 

 

99,265

 

Other

 

 

26,608

 

 

 

27,126

 

 

 

$

694,695

 

 

$

636,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Long-lived assets:

 

 

 

 

 

 

United States

 

$

248,769

 

 

$

249,409

 

Asia

 

 

72,094

 

 

 

68,283

 

Europe

 

 

29,191

 

 

 

29,338

 

Other

 

 

32,745

 

 

 

23,801

 

 

 

$

382,799

 

 

$

370,831