Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 74,292	$ 58,452
Accounts receivable, net of allowances for doubtful accounts of $578 and $523, respectively	46,789	34,270
Inventories:
Raw materials	16,601	15,647
Work in process	23,160	21,115
Finished goods	20,174	19,559
Inventories, net	59,935	56,321
Prepaid expenses and other current assets	10,299	6,831
Total current assets	191,315	155,874
Property and equipment, at cost:
Land	3,434	3,344
Buildings and improvements	50,276	48,454
Machinery and equipment	95,158	89,080
Software	7,955	7,441
Construction in progress	2,252	4,340
Accumulated depreciation	(103,401)	(97,374)
Property and equipment, net	55,674	55,285
Goodwill	19,181	18,717
Intangible assets, net	20,475	21,585
Other assets	19,906	19,049
Total assets	306,551	270,510
Liabilities and equity
Trade accounts payable	13,678	8,264
Payroll and related expenses	15,892	11,978
Other accrued expenses	15,952	13,285
Income taxes	2,515	772
Current portion of long-term debt	3,878	2,623
Total current liabilities	51,915	36,922
Long-term debt, less current portion	28,477	33,529
Deferred Tax Liabilities, Net	2,300
Deferred income taxes		735
Other liabilities	14,131	13,054
Accrued pension and other postretirement costs	16,424	14,713
Total liabilities	113,247	98,953
Commitments and contingencies
Equity:
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued	0	0
Common stock	1,288	1,278
Treasury stock, at cost - 619,667 shares held at December 31, 2017 and December 31, 2016	(8,765)	(8,765)
Capital in excess of par value	192,904	190,373
Retained earnings	43,076	28,731
Accumulated other comprehensive loss	(35,450)	(40,337)
Total Vishay Precision Group, Inc. stockholders' equity	193,156	171,383
Noncontrolling interests	148	174
Total equity	193,304	171,557
Total liabilities and equity	306,551	270,510
Class B Convertible Common Stock
Equity:
Common stock	$ 103	$ 103