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INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 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 September 30,												Nine Months Ended September 30,
			2020						2019						2020						2019
Average exchange rate (USD to MXN)			22.06						19.42						19.91 - 23.31						19.11 - 19.42

Summarized Income Statement Information for Vasconia in USD and MXN

Summarized income statement information for the three and nine months ended September 30, 2020 and 2019 for Vasconia in USD and MXN is as follows (in thousands):

			Three Months Ended September 30,
			2020												2019
			USD						MXN						USD						MXN
Net sales			$	39,565					$	872,647					$	36,566					$	710,118
Gross profit			9,556						210,770						5,572						108,205
Income (loss) from operations			2,957						65,229						(581)						(11,288)
Net income (loss)			536						11,812						(647)						(12,571)

			Nine Months Ended September 30,
			2020												2019
			USD						MXN						USD						MXN
Net Sales			$	99,932					$	2,171,695					$	115,100					$	2,216,293
Gross profit			21,025						459,731						22,801						438,478
Income from operations			3,821						87,229						4,117						78,739
Net loss			(36)						(6,344)						(1,158)						(22,384)

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						September 30, 2020						December 31, 2019
Amounts due from Vasconia			Prepaid expenses and other current assets						$	75					$	63
Amounts due to Vasconia			Accrued expenses and Accounts payable						(380)						(77)

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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.

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