Segment And Geographic Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Operating Segments

Information about the Company’s operating segments follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands)	2024			2023			2024			2023
Sales:
Americas	$	306,533		$	399,356		$	1,022,003		$	1,200,783
Asia		289,921			275,163			805,407			830,056
Europe		83,517			71,412			249,869			223,857
Elimination of intersegment sales		(22,224	)		(26,236	)		(78,061	)		(107,074	)
Total sales	$	657,747		$	719,695		$	1,999,218		$	2,147,622
Depreciation and amortization:
Americas	$	5,261		$	5,302		$	15,940		$	15,564
Asia		2,570			2,496			7,607			7,232
Europe		931			806			2,674			2,394
Corporate		2,790			2,950			8,357			8,913
Total depreciation and amortization	$	11,552		$	11,554		$	34,578		$	34,103
Income from operations:
Americas	$	6,238		$	18,278		$	31,401		$	45,524
Asia		37,349			37,526			103,255			91,908
Europe		6,723			3,945			20,128			13,991
Corporate and intersegment eliminations		(22,205	)		(29,408	)		(73,897	)		(73,859	)
Total income from operations		28,105			30,341			80,887			77,564
Interest expense		(6,569	)		(8,475	)		(20,747	)		(23,183	)
Interest income		2,811			1,343			7,329			4,223
Other (expense) income, net		(3,952	)		2,384			(7,452	)		280
Income before income taxes	$	20,395		$	25,593		$	60,017		$	58,884
Capital expenditures:
Americas	$	5,289		$	6,762		$	10,905		$	35,351
Asia		3,961			10,529			8,831			21,153
Europe		926			1,118			2,987			3,911
Corporate		(362	)		1,255			1,498			6,298
Total capital expenditures	$	9,814		$	19,664		$	24,221		$	66,713

	September 30,		December 31,
(in thousands)	2024		2023
Assets:
Americas	$	893,473	$	1,064,047
Asia		809,983		769,744
Europe		224,406		222,591
Corporate		221,135		218,373
Total assets	$	2,148,997	$	2,274,755

Schedule of Geographic Sales and Long-Lived Assets

A summary of the Company’s geographic sales and long-lived assets follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2024		2023		2024		2023
Geographic sales:
United States	$	353,335	$	436,842	$	1,137,474	$	1,308,935
Singapore		125,843		96,563		332,151		294,453
Other Asia		59,740		56,689		164,516		158,580
Europe		101,457		99,125		302,757		304,910
Other		17,372		30,476		62,320		80,744
Total sales	$	657,747	$	719,695	$	1,999,218	$	2,147,622

	September 30,		December 31,
(in thousands)	2024		2023
Long-lived assets:
United States	$	223,305	$	231,740
Asia		83,146		79,203
Europe		42,280		42,934
Other		65,870		66,072
Total long-lived assets	$	414,601	$	419,949