XML 55 R41.htm IDEA: XBRL DOCUMENT v3.19.1
Significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Significant Accounting Policies [Abstract]  
Disclosure of detailed Information About Proportion Of Ownership Interest In Subsidiary [Table Text Block]
Following is general information about Himax Technologies, Inc.’s subsidiaries:
 
 
 
 
 
 
 
 
 
Percentage of Ownership
 
Investor
 
Subsidiary
 
Main

activities
 
Jurisdiction of

Incorporation
 
January 1,

2017
 
 
December
31, 
2017
 
 
December
31, 
2018
 
Himax Technologies, Inc.
 
Himax Technologies Limited (“Himax Taiwan”)
 
IC design and sales
 
ROC
 
 
100.00
%
 
 
100.00
%
 
 
100.00
%
Himax Technologies, Inc.
 
Himax Technologies Korea Ltd.
 
IC design and sales
 
South Korea
 
 
100.00
 
 
100.00
%
 
 
100.00
%
Himax Technologies, Inc.
 
Himax Technologies Japan Ltd.
 
Sales
 
Japan
 
 
100.00
%
 
 
100.00
%
 
 
100.00
Himax Technologies, Inc.
 
Himax Semiconductor, Inc.
(1)
 
 
IC design and sales
 
ROC
 
 
100.00
%
 
 
100.00
%
 
 
-
 
Himax Technologies, Inc.
 
Himax Semiconductor (Hong Kong) Limited
 
Investments
 
Hong Kong
 
 
100.00
%
 
 
100.00
%
 
 
100.00
%
Himax Technologies Limited
 
Himax Technologies (Samoa), Inc.
 
Investments
 
Samoa
 
 
100.00
%
 
 
100.00
%
 
 
100.00
%
Himax Technologies (Samoa), Inc.
 
Himax Technologies (Suzhou) Co., Ltd.
 
Sales and technical support
 
PRC
 
 
100.00
 
 
100.00
%
 
 
100.00
%
Himax Technologies (Samoa), Inc.
 
Himax Technologies (Shenzhen) Co., Ltd.
 
Sales and technical support
 
PRC
 
 
100.00
%
 
 
100.00
%
 
 
100.00
  
 
 
 
 
 
 
 
 
Percentage of Ownership
 
Investor
 
Subsidiary
 
Main

activities
 
Jurisdiction of

Incorporation
 
January 1,

2017
 
 
December
31, 
2017
 
 
December
31, 
2018
 
Himax Technologies Limited
 
Himax Display, Inc.
 
LCOS and MEMS design, manufacturing and sales
 
ROC
 
 
82.55
 
 
82.72
%
 
 
82.70
%
Himax Display, Inc.
 
Integrated Microdisplays Limited
 
LCOS design
 
Hong Kong
 
 
82.55
%
 
 
82.72
%
 
 
82.70
%
Himax Display, Inc.
 
Himax Display (USA) Inc.
 
LCOS and MEMS design, sales and technical support
 
Delaware, USA
 
 
82.55
%
 
 
82.72
%
 
 
82.70
%
Himax Technologies Limited
 
Himax Analogic, Inc.
 
IC design and sales
 
ROC
 
 
98.62
 
 
98.62
%
 
 
98.62
%
Himax Technologies, Inc.
 
Himax Imaging, Inc.
 
Investments
 
Cayman Islands
 
 
100.00
%
 
 
100.00
%
 
 
100.00
%
Himax Technologies Limited
 
Himax Imaging, Ltd. (“Imaging Taiwan”)
 
IC design and sales
 
ROC
 
 
93.84
%
 
 
93.72
%
 
 
93.70
%
Himax Imaging, Ltd.
 
Himax Imaging Corp.
 
IC design
 
California, USA
 
 
93.84
%
 
 
93.72
%
 
 
93.70
%
Himax Technologies Limited
 
Himax Media Solutions, Inc.
 
TFT-LCD television, monitor chipset operations, ASIC service and IP licensing
 
ROC
 
 
99.21
%
 
 
99.22
%
 
 
99.22
%
Himax Technologies Limited
 
Harvest Investment Limited
 
Investments
 
ROC
 
 
100.00
%
 
 
100.00
%
 
 
100.00
%
Himax Technologies Limited
 
Liqxtal Technology Inc.
 
LC Lens design and sales
 
ROC
 
 
64.00
%
 
 
64.00
%
 
 
64.00
%
Himax Technologies Limited
 
Himax IGI Precision Ltd.
(2)
 
 
3D micro and nano structure mastering and prototype replication
 
Delaware, USA
 
 
-
 
 
 
100.00
%
 
 
100.00
%
Himax Technologies Limited
 
Emza Visual Sense Ltd.
(3)
 
Visual sensors and efficient machine vision algorithm
 
Israel
 
 
-
 
 
 
45.10
%
 
 
100.00
%
 
 Note 1:For management purpose, Himax Semiconductor Inc. was merged into Himax Technologies Limited on July 2, 2018.
 Note 2:Himax IGI Precision Ltd. was newly incorporated on December 14, 2017, which is wholly owned by Himax Technologies Limited.
 Note 3:Emza Visual Sense Ltd. was wholly acquired by Himax Technologies Limited and becomes a subsidiary of the Company from June 28, 2018.
Diluted Earnings Per share [Table Text Block]
Basic and diluted earnings per ordinary share have been calculated as follows:
 
 
 
Year Ended December 31,
 
 
 
2017
 
 
2018
 
 
 
 
 
Profits attributable to Himax Technologies, Inc. stockholders (in thousands)
 
$
27,680
 
 
 
8,569
 
Denominator for basic earnings per ordinary share:
 
 
 
 
 
 
 
 
Weighted average number of ordinary shares outstanding (in thousands)
 
 
344,849
 
 
 
345,020
 
Basic earnings per ordinary share attributable to Himax Technologies, Inc. stockholders
 
$
0.08
 
 
 
0.02
 
Basic earnings per ADS attributable to Himax Technologies, Inc. stockholders
(1)
 
$
0.16
 
 
 
0.05
 
 
Contingently issuable ordinary shares underlying the unvested RSUs granted to employees are included in the calculation of diluted earnings per ordinary share based on treasury stock method.
 
 
 
Year Ended December 31,
 
 
 
2017
 
 
2018
 
 
 
 
 
 
 
 
Profits attributable to Himax Technologies, Inc. stockholders (in thousands)
 
$
27,680
 
 
 
8,569
 
Denominator for diluted earnings per ordinary share:
 
 
 
 
 
 
 
 
Weighted average number of ordinary shares outstanding (in thousands)
 
 
344,849
 
 
 
345,020
 
Unvested RSUs (in thousands)
 
 
54
 
 
 
49
 
 
 
 
344,903
 
 
 
345,069
 
Diluted earnings per ordinary share attributable to Himax Technologies, Inc. stockholders
 
$
0.08
 
 
 
0.02
 
Diluted earnings per ADS attributable to Himax Technologies, Inc. stockholders
(1)
 
$
0.16
 
 
 
0.05
 
 
Note 1: As the Company’s ordinary shares have been quoted on the NASDAQ Global Select Market under the symbol “HIMX” in the form of ADSs and two ordinary shares represent one ADS with effect from August 10, 2009. The number of ADS equivalent outstanding is determined by dividing the number of ordinary shares by two. Therefore, the weighted average number of ADS equivalent outstanding used in basic earnings per ADS for 2017 and 2018 is 172,425 thousand and 172,510 thousand, respectively. Additionally, the weighted average number of ADS equivalent outstanding used in diluted earnings per ADS for 2017 and 2018 is 172,452 thousand and 172,534 thousand, respectively. The earnings per ADS is presented solely for the convenience of the reader and does not represent a measure under IFRS.