XML 44 R34.htm IDEA: XBRL DOCUMENT v3.22.2

Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2022

Risks and Uncertainties [Abstract]

Schedules of Concentration of Risk, by Risk Factor

Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
Percentage of total net revenue
Customer A (direct)			18		%				15		%				17		%				15		%
Customer B (direct)			11		%				11		%				11		%				12		%

The following table presents balances that are 10% or greater of accounts receivable, based on the Company’s billings to its customers.

			June 30,						December 31,
			2022						2021
Percentage of gross accounts receivable
Customer B (direct)			*						14		%
Customer C (distributor)			14		%				*
Customer D (direct)			*						17		%

____________________________

*    Represents less than 10% of the gross accounts receivable as of the respective period end.

Significant Suppliers

Suppliers comprising greater than 10% of total inventory purchases are as follows:

						Three Months Ended June 30,												Six Months Ended June 30,
						2022						2021						2022						2021
Vendor A						30		%				38		%				29		%				41		%
Vendor B						23		%				24		%				25		%				22		%
Vendor C						13		%				10		%				12		%				10		%

Revenue from External Customers by Geographic Areas

The Company’s consolidated net revenues by geographic area based on ship-to location are as follows (in thousands):

			Three Months Ended June 30,																								Six Months Ended June 30,
			2022												2021												2022												2021
			Amount						% of total net revenue						Amount						% of total net revenue						Amount						% of total net revenue						Amount						% of total net revenue
Asia			$	227,655					81		%				$	169,088					82		%				$	439,320					81		%				$	340,248					82		%
United States			9,684						3		%				8,027						4		%				18,552						3		%				18,327						4		%
Rest of world			42,670						16		%				28,261						14		%				86,064						16		%				56,160						14		%
Total			$	280,009					100		%				$	205,376					100		%				$	543,936					100		%				$	414,735					100		%

The products shipped to individual countries or territories representing greater than 10% of net revenue for each of the periods presented are as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
Percentage of total net revenue
Hong Kong			40		%				44		%				39		%				40		%
China			22		%				*						17		%				11		%
Vietnam			*						14		%				*						13		%

____________________________

*    Represents less than 10% of the net revenue for the respective period.

Long-lived Assets by Geographic Areas

Long-lived assets, which consists of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (in thousands):

						June 30,												December 31,
						2022												2021
						Amount						% of total						Amount						% of total
United States						$	369,041					69		%				$	382,650					70		%
Singapore						116,901						22		%				122,474						22		%
Rest of world						46,015						9		%				42,277						8		%
Total						$	531,957					100		%				$	547,401					100		%

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph b
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph a
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RisksAndUncertaintiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13537-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13531-108611

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6327-108592

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 18
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=99393423&loc=d3e6442-108592

+ Details

Name:	us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration