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Business Segments, Product Groups and End Markets (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Revenue, Segment Profit or Loss and Balances Included in Net Income
The following table presents revenue, profit or loss and significant segment expenses for our single operating segment:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In thousands)
Net sales$1,986,968 $1,861,589 $4,819,935 $4,688,574 
Less:
Materials cost of sales1,142,159 1,088,010 2,633,927 2,586,272 
Labor cost of sales182,597 162,762 518,647 467,694 
Depreciation cost of sales149,052 136,552 433,355 398,220 
Other cost of sales228,670 201,781 610,036 549,886 
Selling, general and administrative83,211 80,753 211,541 262,379 
Research and development42,352 42,364 130,012 120,103 
Interest expense21,231 15,622 54,850 47,866 
Income tax expense27,715 19,185 59,813 45,693 
Other segment items (1)
(16,701)(8,130)(35,833)(39,273)
Segment net income$126,682 $122,690 $203,587 $249,734 
(1) Other segment items include interest income, foreign currency (gain) loss, net and other (income) expense.
The following tables represent other balances included in net income or that are regularly provided to the Chief Operating Decision Maker (CODM):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In thousands)(In thousands)
Interest income$17,109 $15,862 $46,554 $50,356 
Depreciation and amortization expense163,614 150,596 476,277 445,470 
Capital expenditures246,445 195,524 472,531 458,067 
September 30, 2025December 31, 2024
(In thousands)
Total assets$8,187,482 $6,944,328 
Schedule of Revenue from External Customers by Products and Services
The following table presents our net sales by product group:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
(In thousands)(In thousands)
Advanced products (1)$1,683,505 $1,567,604 $3,975,800 $3,817,156 
Mainstream products (2)303,463 293,985 844,135 871,418 
Total net sales$1,986,968 $1,861,589 $4,819,935 $4,688,574 
(1) Advanced products include flip chip, memory and wafer-level processing and related test services.
(2) Mainstream products include all other wirebond packaging and related test services.
Net sales by end market consist of the following:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Communications (smartphones, tablets)51 %52 %44 %49 %
Computing (data center, infrastructure, PC/laptop, storage)19 %16 %21 %18 %
Automotive, industrial and other (ADAS, electrification, infotainment, safety)16 %16 %19 %19 %
Consumer (AR & gaming, connected home, home electronics, wearables)14 %16 %16 %14 %
Total net sales100 %100 %100 %100 %