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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 590,286 $ 972,719
Short-term investments 16,130 35,808
Accounts receivable, net of allowances for credit losses of $1,311 and $1,705, respectively 401,901 426,674
Inventories:    
Finished goods 175,176 167,083
Work in process 296,393 267,339
Raw materials 217,812 213,098
Total inventories 689,381 647,520
Prepaid expenses and other current assets 217,809 214,443
Total current assets 1,915,507 2,297,164
Property and equipment, at cost:    
Land 84,124 77,006
Buildings and improvements 766,058 719,387
Machinery and equipment 3,259,213 3,053,868
Construction in progress 367,564 290,593
Allowance for depreciation (2,931,221) (2,846,208)
Property and equipment, net 1,545,738 1,294,646
Right of use assets 117,953 126,829
Deferred income taxes 159,769 137,394
Goodwill 179,005 201,416
Other intangible assets, net 87,223 72,333
Other assets 105,501 110,141
Total assets 4,110,696 4,239,923
Current liabilities:    
Trade accounts payable 216,313 191,002
Payroll and related expenses 137,101 161,940
Lease liabilities 25,901 26,485
Other accrued expenses 264,471 239,350
Income taxes 64,562 73,098
Total current liabilities 708,348 691,875
Long-term debt, less current portion 905,019 818,188
U.S. transition tax payable 0 47,027
Deferred income taxes 96,363 95,776
Long-term lease liabilities 94,218 102,830
Other liabilities 104,086 87,918
Accrued pension and other postretirement costs 173,700 195,503
Total liabilities 2,081,734 2,039,117
Commitments and contingencies
Vishay stockholders' equity    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; zero issued 0 0
Common stock, par value $0.10 per share: authorized - 300,000,000 shares; 133,607,153 and 133,187,901 shares issued 13,361 13,319
Class B convertible common stock, par value $0.10 per share: authorized - 40,000,000 shares; 12,097,148 shares issued 1,210 1,210
Capital in excess of par value 1,306,245 1,291,499
Retained earnings 955,500 1,041,372
Treasury stock (at cost): 9,933,595 and 7,535,881 common shares (212,062) (161,656)
Accumulated other comprehensive income (loss) (35,292) 10,337
Total Vishay stockholders' equity 2,028,962 2,196,081
Noncontrolling interests 0 4,725
Total equity 2,028,962 2,200,806
Total liabilities and equity $ 4,110,696 $ 4,239,923