Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 107

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 107
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-Use Software (Subtopic 350-40) (“ASU 2025-06”).  ASU 2025-06 removes all references to project stages throughout ASC 350-40 and clarifies the applicable threshold to begin capitalizing costs.  ASU 2025-06 is effective for annual reporting periods beginning after December 15, 2027, and interim periods within those annual reporting periods.  Early adoption is permitted as of the beginning of an annual reporting period.  Adoption of this ASU should be applied using a prospective transition approach, a modified transition approach based on project status or a retrospective transition approach.  We are currently evaluating the impact of this new standard on our financial statements and disclosures.

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:

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

For the Three Months Ended September 30,For the Nine Months Ended September 30,2025202420252024(In thousands)Net sales$1,986,968 $1,861,589 $4,819,935 $4,688,574 Less:Materials cost of sales1,142,159 1,088,010 2,633,927 2,586,272 Labor cost of sales182,597 162,762 518,647 467,694 Depreciation cost of sales149,052 136,552 433,355 398,220 Other cost of sales228,670 201,781 610,036 549,886 Selling, general and administrative83,211 80,753 211,541 262,379 Research and development42,352 42,364 130,012 120,103 Interest expense21,231 15,622 54,850 47,866 Income tax expense27,715 19,185 59,813 45,693 Other segment items (1)(16,701)(8,130)(35,833)(39,273)Segment net income$126,682 $122,690 $203,587 $249,734 (1) Other segment items include interest income, foreign currency (gain) loss, net and other (income) expense