Company: AMKR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001047127-25-000168
Chunk: 154

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 154
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, we use non-recourse factoring arrangements with third-party financial institutions to manage our working capital and cash flows.  Under these arrangements, we sell receivables to a financial institution for cash at a discount to the face amount.  As part of the factoring arrangements, we perform certain collection and administrative functions for the receivables sold.  For the three and six months ended June 30, 2025, we sold receivables totaling $16.1 million and $25.5 million, respectively, net of discounts and fees, which were insignificant for the respective periods.  For the three and six months ended June 30, 2024, we sold receivables totaling $11.7 million and $36.1 million, respectively, net of discounts and fees, which were insignificant for the respective periods.

9.    Property, Plant and Equipment 

Property, plant and equipment consist of the following:June 30, 2025December 31, 2024(In thousands)Land$248,737 $246,953 Buildings and improvements2,264,474 2,239,481 Machinery and equipment7,784,999 7,389,787 Finance lease assets246,743 274,302 Furniture, fixtures and other equipment19,137 18,652 Software and computer equipment222,377 215,031 Construction in progress265,521 185,351 Total property, plant and equipment11,051,988 10,569,557 Accumulated depreciation and amortization(7,249,943)(6,993,409)Total property, plant and equipment, net$3,802,045 $3,576,148 The following table summarizes our depreciation expense:For the Three Months Ended June 30,For the Six Months Ended June 30, 2025202420252024 (In thousands)Depreciation expense$158,720 $149,817 $312,418 $294,605 

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

10.    Accrued Expenses 

Accrued expenses consist of the following:June 30, 2025December 31, 2024(In thousands)Payroll and benefits$114,664 $121,683 Deferred revenue and customer advances54