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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Net revenues $ 75,161 $ 77,359 $ 146,902 $ 158,142
Costs of products sold 44,567 44,952 89,262 90,641
Gross profit 30,594 32,407 57,640 67,501
Selling, general and administrative expenses 27,701 26,501 54,412 53,895
Restructuring charges in 2025 185 0 580 782
Operating income 2,708 5,906 2,648 12,824
Other (expense) income:        
Interest expense (550) (649) (1,101) (1,277)
Other (1,262) 1,701 (1,938) 3,561
Other (expense) income (1,812) 1,052 (3,039) 2,284
Income before taxes 896 6,958 (391) 15,108
Income tax expense 592 2,316 260 4,634
Net earnings 304 4,642 (651) 10,474
Less: net earnings attributable to noncontrolling interests 56 39 43 (20)
Net earnings attributable to VPG stockholders $ 248 $ 4,603 $ (694) $ 10,494
Basic earnings per share attributable to VPG stockholders (in dollars per share) $ 0.02 $ 0.34 $ (0.05) $ 0.78
Diluted earnings per share attributable to VPG stockholders (in dollars per share) $ 0.02 $ 0.34 $ (0.05) $ 0.78
Weighted average shares outstanding - basic (in shares) 13,263 13,348 13,259 13,376
Weighted average shares outstanding - diluted (in shares) 13,309 13,389 13,259 13,428
Net revenues $ 75,161 $ 77,359 $ 146,902 $ 158,142
Costs of products sold 44,567 44,952 89,262 90,641
Gross profit 30,594 32,407 57,640 67,501
Selling, general and administrative expenses 27,701 26,501 54,412 53,895
Restructuring charges in 2025 185 0 580 782
Operating income $ 2,708 $ 5,906 $ 2,648 $ 12,824