Company: AMKR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001047127-25-000168
Chunk: 146

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 146
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 paid.  ASU 2023-09 is effective for annual periods beginning after December 15, 2024.  Early adoption is permitted.  Adoption of this ASU should be applied on a prospective basis, but retrospective application is permitted.  The new standard will result in enhanced disclosures in our financial statements.In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”), which was subsequently amended and clarified.  ASU 2024-03 requires disaggregation of key expense categories such as inventory purchases, employee compensation, depreciation and intangible asset amortization in the financial statements.  ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027.  Early adoption is permitted.  Adoption of this ASU should be applied either prospectively after the effective date or retrospectively to any or all periods presented in the financial statements.  We are currently evaluating the impact of this new standard on our financial statements, and we expect the new standard to result in enhanced disclosures.

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Table of ContentsAMKOR TECHNOLOGY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)(Unaudited)

2.    Business Segments, Product Groups and End Markets 

The following table presents revenue, profit or loss and significant segment expenses for our single operating segment:For the Three Months Ended June 30,For the Six Months Ended June 30,2025202420252024(In thousands)Net sales$1,511,392 $1,461,474 $2,832,967 $2,826,985 Less:Materials cost of sales799,020 789,596 1,491,768 1,498,262 Labor cost of sales176,886 151,583 336,050 304,932 Depreciation cost of sales144,434 132,580 284,303 261,668 Other cost of sales209,155 175,340 381,366 348,105 Selling, general and administrative47,922 91,280 128,330 181,626 Research and development42,008 39,