Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 156

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 156
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.  For the three and nine months ended September 30, 2024, we sold receivables totaling $23.3 million and $59.4 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:September 30, 2025December 31, 2024(In thousands)Land$248,179 $246,953 Buildings and improvements2,332,839 2,239,481 Machinery and equipment7,899,296 7,389,787 Finance lease assets245,297 274,302 Furniture, fixtures and other equipment19,120 18,652 Software and computer equipment226,290 215,031 Construction in progress226,424 185,351 Total property, plant and equipment11,197,445 10,569,557 Accumulated depreciation and amortization(7,364,437)(6,993,409)Total property, plant and equipment, net$3,833,008 $3,576,148 The following table summarizes our depreciation expense:For the Three Months Ended September 30,For the Nine Months Ended September 30, 2025202420252024 (In thousands)Depreciation expense$163,493 $150,470 $475,911 $445,074 In September 2025, we amended certain finance lease agreements to accelerate the purchase of the underlying assets in October for $34.7 million, and we separately entered into an agreement to sell these assets along with additional existing machinery and equipment in November 2025 for $103.6 million.  We expect to recognize a pre-tax gain on sale of approximately $34 million upon completion of the sale.

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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:September 30, 2025December 31, 2024(In thousands)Payroll and benefits$131,782 $121,683 Short-term finance lease liability74,749 55,613 Deferred revenue and customer advances56,240 59,656 Income taxes payable49,093 35,067 Accrued pension and severance plan