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Revenues
6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenues
5.
Revenues
The following tables present the Company’s net revenues disaggregated by geography based on the location of the customer, by product line (in thousands):
 
     Three Months Ended June 30, 2021  
       
     Brick Products      Advanced Products      Total  
       
United States
   $ 19,708      $ 14,356      $ 34,064  
Europe
     10,224        1,285        11,509  
Asia Pacific
     24,045        25,339        49,384  
All other
     375        44        419  
    
 
 
    
 
 
    
 
 
 
     $ 54,352      $ 41,024      $ 95,376  
    
 
 
    
 
 
    
 
 
 
   
     Six Months Ended June 30, 2021  
       
     Brick Products      Advanced Products      Total  
       
United States
   $ 38,291      $ 22,905      $ 61,196  
Europe
     18,420        2,280        20,700  
Asia Pacific
     51,373        49,992        101,365  
All other
     727        184        911  
    
 
 
    
 
 
    
 
 
 
     $ 108,811      $ 75,361      $ 184,172  
    
 
 
    
 
 
    
 
 
 
   
     Three Months Ended June 30, 2020  
       
     Brick Products      Advanced Products      Total  
       
United States
   $ 15,005      $ 5,217      $ 20,222  
Europe
     9,427        2,289        11,716  
Asia Pacific
     21,383        16,774        38,157  
All other
     613        53        666  
    
 
 
    
 
 
    
 
 
 
     $ 46,428      $ 24,333      $ 70,761  
    
 
 
    
 
 
    
 
 
 
   
     Six Months Ended June 30, 2020  
       
     Brick Products      Advanced Products      Total  
       
United States
   $ 40,975      $ 12,814      $ 53,789  
Europe
     13,995        3,168        17,163  
Asia Pacific
     35,039        26,150        61,189  
All other
     1,936        85        2,021  
    
 
 
    
 
 
    
 
 
 
     $ 91,945      $ 42,217      $ 134,162  
    
 
 
    
 
 
    
 
 
 
The following tables present the Company’s net revenues disaggregated by the category of revenue, by product line (in thousands):
 
     Three Months Ended June 30, 2021  
       
     Brick Products      Advanced Products      Total  
       
Direct customers, contract manufacturers and
non-stocking
distributors
   $ 37,614      $ 32,644      $ 70,258  
Stocking distributors, net of sales allowances
     16,634        4,634        21,268  
Non-recurring
engineering
     104        3,726        3,830  
Royalties
     —          3        3  
Other
     —          17        17  
    
 
 
    
 
 
    
 
 
 
     $ 54,352      $ 41,024      $ 95,376  
    
 
 
    
 
 
    
 
 
 
   
     Six Months Ended June 30, 2021  
       
     Brick Products      Advanced Products      Total  
       
Direct customers, contract manufacturers and
non-stocking
distributors
   $ 81,422      $ 61,701      $ 143,123  
Stocking distributors, net of sales allowances
     27,181        8,772        35,953  
Non-recurring
engineering
     208        4,797        5,005  
Royalties
     —          56        56  
Other
     —          35        35  
    
 
 
    
 
 
    
 
 
 
     $ 108,811      $ 75,361      $ 184,172  
    
 
 
    
 
 
    
 
 
 
   
     Three Months Ended June 30, 2020  
       
     Brick Products      Advanced Products      Total  
       
Direct customers, contract manufacturers and
non-stocking
distributors
   $ 39,472      $ 20,044      $ 59,516  
Stocking distributors, net of sales allowances
     6,814        1,576        8,390  
Non-recurring
engineering
     142        2,695        2,837  
Other
     —          18        18  
    
 
 
    
 
 
    
 
 
 
     $ 46,428      $ 24,333      $ 70,761  
    
 
 
    
 
 
    
 
 
 
     Six Months Ended June 30, 2020  
       
     Brick Products      Advanced Products      Total  
       
Direct customers, contract manufacturers and
non-stocking
distributors
   $ 75,211      $ 34,811      $ 110,022  
Stocking distributors, net of sales allowances
     16,436        4,638        21,074  
Non-recurring
engineering
     298        2,732        3,030  
Other
            36        36  
    
 
 
    
 
 
    
 
 
 
     $ 91,945      $ 42,217      $ 134,162  
    
 
 
    
 
 
    
 
 
 
The following table presents the changes in certain contract assets and (liabilities) (in thousands):
 
     June 30, 2021      December 31, 2020      Change  
       
Accounts receivable
   $ 55,012      $ 40,999      $ 14,013  
Short-term deferred revenue and customer prepayments
     (3,916      (7,309      3,393  
Long-term deferred revenue
     (573      (733      160  
Deferred expenses
     980        1,650        (670
Sales allowances
     (1,919      (597      (1,322
The increase in accounts receivable was primarily due to an increase in net revenues of approximately $15,381,000 in
May-June
2021 compared to November-December 2020. The decrease in short-term deferred revenue and customer prepayments was primarily due to the recognition of the associated revenue in the second quarter of 2021, as noted below. The increase in sales allowances was primarily due to the increase in the net revenues for the six months ended June 30, 2021.
Deferred expenses are included in Other current assets in the accompanying Condensed Consolidated Balance Sheets.
The Company records deferred revenue, which represents a contract liability, when cash payments are received or due in advance of performance under a contract with a customer. The Company recognized revenue of approximately $2,410,000 and $3,081,000 for the three and six months ended June 30, 2021, respectively, and $1,700,000 and $1,736,000 for the three and six months ended June 30, 2020, respectively, that was included in deferred revenue at the beginning of each respective period.