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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 86,910 $ 90,159
Accounts receivable, net of allowances for doubtful accounts of $555 and $517, respectively 43,198 53,156
Inventories:    
Raw materials 21,701 18,052
Work in process 23,128 22,007
Finished goods 22,066 22,182
Inventories 66,895 62,241
Prepaid expenses and other current assets 15,558 9,314
Total current assets 212,561 214,870
Property and equipment, at cost:    
Land 4,243 3,390
Buildings and improvements 52,708 51,055
Machinery and equipment 111,492 105,840
Software 9,384 8,532
Construction in progress 2,485 2,157
Accumulated depreciation (119,042) (111,555)
Property and equipment, net 61,270 59,419
Goodwill 35,018 16,141
Intangible assets, net 34,198 17,656
Other assets 27,366 18,297
Total assets 370,413 326,383
Current liabilities:    
Trade accounts payable 8,869 11,461
Payroll and related expenses 16,312 17,757
Other accrued expenses 18,953 17,031
Income taxes 261 3,879
Current portion of long-term debt 44,516 4,654
Total current liabilities 88,911 54,782
Long-term debt, less current portion 17 22,421
Deferred income taxes 3,478 2,200
Other liabilities 20,586 13,545
Accrued pension and other postretirement costs 15,669 14,982
Total liabilities 128,661 107,930
Commitments and contingencies
Equity:    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued 0 0
Common stock 1,312 1,307
Treasury stock, at cost - 619,667 shares held at December 31, 2019 and December 31, 2018 (8,765) (8,765)
Capital in excess of par value 197,125 196,666
Retained earnings 89,288 66,569
Accumulated other comprehensive loss (37,703) (37,465)
Total Vishay Precision Group, Inc. stockholders' equity 241,360 218,415
Noncontrolling interests 392 38
Total equity 241,752 218,453
Total liabilities and equity 370,413 326,383
Class B Convertible Common Stock    
Equity:    
Common stock $ 103 $ 103