XML 27 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment, Product and Geographic Information
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
Note 24.
Segment, Product and Geographic Information
 
 
 
Year Ended December 31, 2012
 
 
 
 
 
Non-driver
 
Consolidated
 
 
 
Driver IC
 
Products
 
Total
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Segment revenues
 
$
634,111
 
 
103,144
 
 
737,255
 
Segment operating income (loss)
 
$
83,883
 
 
(16,823)
 
 
67,060
 
Non operating loss, net
 
 
 
 
 
 
 
 
(1,174)
 
Consolidated earnings before income taxes
 
 
 
 
 
 
 
$
65,886
 
Significant noncash items:
 
 
 
 
 
 
 
 
 
 
Share Based Compensation
 
$
1,612
 
 
324
 
 
1,936
 
Depreciation and amortization
 
$
8,881
 
 
4,418
 
 
13,299
 
 
 
 
Year Ended December 31, 2013
 
 
 
 
 
Non-driver
 
Consolidated
 
 
 
Driver IC
 
products
 
Total
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Segment revenues
 
$
644,500
 
 
126,239
 
 
770,739
 
Segment operating income (loss)
 
$
89,162
 
 
(14,819)
 
 
74,343
 
Non operating income, net
 
 
 
 
 
 
 
 
1,057
 
Consolidated earnings before income taxes
 
 
 
 
 
 
 
$
75,400
 
Significant noncash items:
 
 
 
 
 
 
 
 
 
 
Share Based Compensation
 
$
1,359
 
 
481
 
 
1,840
 
Depreciation and amortization
 
$
7,564
 
 
6,745
 
 
14,309
 
 
 
 
Year Ended December 31, 2014
 
 
 
 
 
Non-driver
 
Consolidated
 
 
 
Driver IC
 
products
 
Total
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Segment revenues
 
$
672,068
 
 
168,474
 
 
840,542
 
Segment operating income (loss)
 
$
92,290
 
 
(19,565)
 
 
72,725
 
Non operating income, net
 
 
 
 
 
 
 
 
12,769
 
Consolidated earnings before income taxes
 
 
 
 
 
 
 
$
85,494
 
Significant noncash items:
 
 
 
 
 
 
 
 
 
 
Share Based Compensation
 
$
1,341
 
 
588
 
 
1,929
 
Depreciation and amortization
 
$
3,449
 
 
11,143
 
 
14,592
 
 
Revenues from the Company’s major product lines are summarized as follow:
 
 
 
Year Ended December 31,
 
 
 
2012
 
2013
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
Display drivers for large-size applications
 
$
305,247
 
 
228,927
 
 
226,087
 
Display drivers for mobile handsets applications
 
 
177,175
 
 
232,019
 
 
238,467
 
Display drivers for consumer electronics applications
 
 
151,689
 
 
183,554
 
 
207,514
 
Others
 
 
103,144
 
 
126,239
 
 
168,474
 
 
 
$
737,255
 
 
770,739
 
 
840,542
 
 
The following tables summarize information pertaining to the Company’s revenues from customers in different geographic region (based on customer’s headquarter location):
 
 
 
Year Ended December 31,
 
 
 
2012
 
2013
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
Taiwan
 
$
356,793
 
 
283,989
 
 
310,191
 
China
 
 
334,433
 
 
400,501
 
 
436,462
 
Other Asia Pacific (Korea and Japan)
 
 
43,245
 
 
84,695
 
 
88,047
 
Europe and America
 
 
2,784
 
 
1,554
 
 
5,842
 
 
 
$
737,255
 
 
770,739
 
 
840,542
 
 
The carrying values of the Company’s tangible long-lived assets are located in the following countries:
 
 
 
December 31,
 
 
 
2013
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
Taiwan
 
$
59,501
 
 
56,128
 
China
 
 
785
 
 
951
 
U.S.
 
 
199
 
 
114
 
Japan
 
 
61
 
 
42
 
Korea
 
 
42
 
 
36
 
 
 
$
60,588
 
 
57,271
 
 
Revenues from significant customers, those representing 10% or more of total revenue for the respective periods, are summarized as follows:
 
 
 
Year Ended December 31,
 
 
 
2012
 
2013
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
INX and its affiliates, not a related party since June 19, 2013
 
$
251,974
 
 
173,976
 
 
164,552
 
Customer A and its affiliates
 
 
86,069
 
 
130,259
 
 
152,105
 
 
 
$
338,043
 
 
304,235
 
 
316,657
 
 
Accounts receivable from significant customers, those representing 10% or more of total accounts receivable for the respective periods, is summarized as follows:
 
 
 
December 31,
 
 
 
2013
 
2014
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
INX and its affiliates, not a related party since June 19, 2013
 
$
48,443
 
 
58,530
 
Customer A and its affiliates
 
 
43,245
 
 
47,944
 
 
 
$
91,688
 
 
106,474
 
 
As of December 31, 2013 and 2014, allowance for sales returns and discounts for those accounts receivable was $427 thousand and $422 thousand, respectively.