XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net revenues $ 232,178 $ 250,028 $ 238,589
Costs of products sold 147,949 159,254 155,134
Gross profit 84,229 90,774 83,455
Selling, general, and administrative expenses 71,282 77,034 74,059
Acquisition costs 185 0 794
Impairment of goodwill and indefinite-lived intangibles 4,942 5,579 0
Restructuring costs 4,461 668 538
Operating income 3,359 7,493 8,064
Other income (expense):      
Interest expense (771) (882) (967)
Other (2,082) (740) (1,354)
Other (expense) income - net (2,853) (1,622) (2,321)
Income before taxes 506 5,871 5,743
Income tax expense 13,500 2,613 1,251
Net (loss) earnings (12,994) 3,258 4,492
Less: net earnings attributable to noncontrolling interests 14 178 56
Net (loss) earnings attributable to VPG stockholders $ (13,008) $ 3,080 $ 4,436
Basic earnings per share attributable to VPG stockholders (in dollars per share) $ (0.96) $ 0.22 $ 0.33
Diluted earnings per share attributable to VPG stockholders (in dollars per share) $ (0.96) $ 0.22 $ 0.32
Weighted average shares outstanding - basic (in shares) 13,485 13,755 13,563
Weighted average shares outstanding - diluted (in shares) 13,485 13,977 13,944