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INVESTMENTS (Tables) | 3 Months Ended
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Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract] |
Summarized Exchange Rate Translation from MXN to USD | The Company's proportionate share of Vasconia's net income (loss) has been translated from MXN to USD using the following exchange rates:
| Three Months Ended March 31, |  |  |  |  |  |
| 2020 |  | 2019 |  |  |  |
Average exchange rate (USD to MXN) | 19.91 |  | 19.24 |  |  |  |
Summarized Income Statement Information for Vasconia in USD and MXN | Summarized income statement information for the three months ended March 31, 2020 and 2019 for Vasconia in USD and MXN is as follows (in thousands):
| Three Months Ended March 31, |  |  |  |  |  |
| 2020 |  |  |  | 2019 |  |
| USD |  | MXN |  | USD |  | MXN
Net sales | $ | 31,795 |  |  | $ | 633,036 |  |  | $ | 41,494 |  |  | $ | 798,338 |
Gross profit | 5,407 |  |  | 107,657 |  |  | 7,938 |  |  | 152,721 |
(Loss) income from operations | (550) |  |  | (10,948) |  |  | 1,893 |  |  | 36,426 |
Net income (loss) | 1,422 |  |  | 28,303 |  |  | (333) |  |  | (6,406) |
Schedule of Amounts Due to and Due from Related Parties Current | Included within the Company's unaudited condensed consolidated balance sheets were the following amounts due to and due from Vasconia (in thousands):
Vasconia due to and due from balances | Balance Sheet Location |  | March 31, 2020 |  | December 31, 2019
Amounts due from Vasconia | Prepaid expenses and other current assets |  | $ | 44 |  |  | $ | 63 |
Amounts due to Vasconia | Accrued expenses and Accounts payable |  | (122) |  |  | (77) |

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- Definition Tabular disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. If investments in common stock of corporate joint ventures or other investments accounted for under the equity method are, in the aggregate, material in relation to the financial position or results of operations of an investor, it may be necessary to present summarized information as to assets of the investee, or group of investments for which combined disclosure is appropriate, either by individual financial statement caption or in groups, as appropriate. + References No definition available. + Details
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