XML 40 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investments in Privately Held Companies (Tables)

3 Months Ended

Mar. 31, 2017

Investments in Privately Held Companies

Investments

The six direct investments are summarized below (in thousands):

		Investment Balance as of
		March 31,			December 31,			Accounting		Ownership
Company		2017			2016			Method		Percentage
Beijing JiYa Semiconductor Material Co., Ltd.		$	3,331		$	3,331		Consolidated		46	%
Nanjing JinMei Gallium Co., Ltd.			592			592		Consolidated		83	%
Beijing BoYu Semiconductor Vessel Craftwork Technology Co., Ltd.			1,346			1,346		Consolidated		70	%
		$	5,269		$	5,269
Donghai County Dongfang High Purity Electronic Materials Co., Ltd.		$	1,352		$	1,498		Equity		46	%
Xilingol Tongli Germanium Co. Ltd.			4,036			4,000		Equity		25	%
Emeishan Jia Mei High Purity Metals Co., Ltd.			886			1,101		Equity		25	%
		$	6,274		$	6,599

Summarized equity method income information

AXT’s three direct minority investment entities and the three minority investments of JiYa and the one minority investment of JinMei are not consolidated and are accounted for under the equity method. Excluding one fully impaired entity, the equity entities had the following summarized income information (in thousands) for the three months ended March 31, 2017 and 2016.

		Three Months Ended
		March 31,
		2017			2016
Net revenue		$	5,455		$	3,507
Gross profit		$	3,722		$	46
Operating loss		$	(837)		$	(1,118)
Net loss		$	(1,705)		$	(1,708)

X

- Definition

A table of investments, shown as a text block.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 6
-Section 10
-Paragraph (c)
-Subparagraph (1)

+ Details

Name:	invest_InvestmentTableTextBlock
Namespace Prefix:	invest_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration