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SIGNIFICANT CUSTOMERS AND GEOGRAPHIC NET REVENUES | 12 Months Ended
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Dec. 31, 2019
Risks and Uncertainties [Abstract] |
SIGNIFICANT CUSTOMERS AND EXPORT SALES [Text Block] | SIGNIFICANT CUSTOMERS AND GEOGRAPHIC NET REVENUES: Customer Concentration The Company's top ten customers accounted for approximately 54%, 56% and 54% of revenues in 2019, 2018 and 2017, respectively. A significant portion of these revenues are attributable to sales of the Company’s products to distributors of electronic components. These distributors sell the Company’s products to a broad, diverse range of end users, including OEMs and merchant power supply manufacturers. Sales to distributors in 2019, 2018 and 2017 were $304.6 million, $313.9 million and $330.9 million, respectively. Direct sales to OEMs and power-supply manufacturers accounted for the remainder. In each of 2019, 2018 and 2017 one distributor accounted for more than 10% of revenues. The following table discloses this customer’s percentage of net revenues for the respective years:
| Year Ended December 31,
Customer | 2019 |  | 2018 |  | 2017
Avnet | 11 | % |  | 14 | % |  | 16 | %
No other customers accounted for 10% or more of the Company’s net revenues in the periods presented. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consisted principally of cash investments and trade receivables. The Company does not have any off-balance-sheet credit exposure related to its customers. As of December 31, 2019 and December 31, 2018, 63% and 64% of accounts receivable were concentrated with the Company’s top ten customers, respectively. The following customers represented 10% or more of accounts receivable:
Customer | December 31, 2019 |  | December 31, 2018
Powertech Distribution Ltd. | 10 | % |  | 11 | %
Avnet | * |  |  | 17 | %
_______________ * Total customer accounts receivable was less than 10% of net accounts receivables. No other customers accounted for 10% or more of the Company’s accounts receivable in the periods presented. Geographic Net Revenues The Company markets its products globally through its sales personnel and a worldwide network of independent sales representatives and distributors. Geographic net revenues based on “bill to” customer locations were as follows:
| Year Ended December 31,
(In thousands) | 2019 |  | 2018 |  | 2017
United States of America | $ | 10,662 |  |  | $ | 15,315 |  |  | $ | 16,647 |
Hong Kong/China | 237,341 |  |  | 218,752 |  |  | 227,335 |
Taiwan | 36,297 |  |  | 43,081 |  |  | 50,307 |
Korea | 30,395 |  |  | 33,877 |  |  | 38,012 |
Western Europe (excluding Germany) | 36,025 |  |  | 49,834 |  |  | 48,230 |
Japan | 15,496 |  |  | 19,897 |  |  | 20,769 |
Germany | 20,197 |  |  | 14,403 |  |  | 11,558 |
Other | 34,256 |  |  | 20,796 |  |  | 18,897 |
Total net revenues | $ | 420,669 |  |  | $ | 415,955 |  |  | $ | 431,755 |

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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