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Segment Information
12 Months Ended
Dec. 31, 2021
Segment Information [Abstract]  
Segment Information

19. Segment Information

 

The Company’s Chief Executive Officer, who is the chief operating decision maker (“CODM”), reviews financial information presented on a consolidated basis. There are no segment managers who are held accountable for operations, operating results and plans for levels or components below the consolidated unit level. The Company considers itself to be operating within one reportable segment.

 

The following table summarizes net sales from external customers (in thousands):

 

   December 31, 
   2021   2020   2019 
United States  $2,101,975   $1,906,058   $1,378,843 
Canada   211,778    150,707    117,406 
Rest of world   62,472    58,107    37,679 
Total  $2,376,225   $2,114,872   $1,533,928 

 

The following table summarizes net sales by product category and revenue stream (in thousands):

 

   Year Ended December 31, 
Net Sales by Product Category  2021   2020 
Components & Storage  $1,346,053   $1,311,608 
Computer System   644,923    403,203 
Office Solutions   155,526    155,592 
Others   229,723    244,469 
Total Net Sales  $2,376,225   $2,114,872 

 

   Year Ended December 31, 
Net Sales by Revenue Stream  2021   2020   2019 
Direct sales revenues(1)  $2,243,421   $1,974,897   $1,476,826 
Marketplace revenues(2)   63,492    57,640    45,571 
Services revenues(3)   69,312    82,335    11,532 
Total Net Sales  $2,376,225   $2,114,872   $1,533,928 

 

(1)Includes all first-party product sales where Newegg owns and sells its own inventories within its websites and third-party marketplace platforms.
(2)Includes all the commission revenues earned from sales made by sellers on its websites.
(3)Includes all revenue recognized from providing services to customers, including third-party logistics services, advertising services, and all other third-party seller services.

 

The following table summarizes net property, plant and equipment by country (in thousands):

 

   December 31, 
   2021   2020 
United States  $23,178   $19,663 
Canada   9    71 
China   26,962    26,732 
Total  $50,149   $46,466