USITC Staff Report: Quartz Surfaces from India and Turkey staff report USITC | Page 147

Table VI-10 Quartz surface products: Capital expenditures and R&D expenses for U.S. producers and independent U.S. fabricators, by company, 2017-19 Fiscal year 2017 2018 2019 Item Capital expenditures (1,000 dollars) *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** Producers *** *** *** *** *** *** *** *** *** *** *** Independent fabricators *** *** *** All firms *** *** *** Research and development expenses (1,000 dollars) *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** Producers *** *** *** *** *** *** *** *** *** *** *** Independent fabricators *** *** *** All firms *** *** *** Source: Compiled from data submitted in response to Commission questionnaires. Assets and return on assets Table VI-11 presents total assets and the operating return on assets by company. 23 Total assets for both producers and independent fabricators overall increased from 2017 to 2019. The return on assets for U.S. producers increased from 2017 to 2019 while the return on assets for independent fabricators declined. *** 23 With respect to a company’s overall operations, staff notes that a total asset value (i.e., the bottom line number on the asset side of a company’s balance sheet) reflects an aggregation of a number of assets which are generally not product specific. Accordingly, high-level allocation factors may have been required in order to report a total asset value for quartz surface products. VI-21