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Consolidated Condensed Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Net revenues $ 59,146 $ 70,870 $ 126,842 $ 147,395
Costs of products sold 36,036 42,261 78,667 85,735
Gross profit 23,110 28,609 48,175 61,660
Selling, general, and administrative expenses 18,640 19,896 38,931 40,344
Executive severance costs 0 611 0 611
Restructuring costs 499 0 629 0
Operating income 3,971 8,102 8,615 20,705
Other income (expense):        
Interest expense (267) (359) (728) (747)
Other (1,273) (160) (590) (932)
Other income (expense) (1,540) (519) (1,318) (1,679)
Income before taxes 2,431 7,583 7,297 19,026
Income tax expense 684 2,003 2,258 5,120
Net earnings 1,747 5,580 5,039 13,906
Less: net (loss) earnings attributable to noncontrolling interests (12) 15 (32) 98
Net earnings attributable to VPG stockholders $ 1,759 $ 5,565 $ 5,071 $ 13,808
Basic earnings per share attributable to VPG stockholders (dollars per share) $ 0.13 $ 0.41 $ 0.37 $ 1.02
Diluted earnings per share attributable to VPG stockholders (dollars per share) $ 0.13 $ 0.41 $ 0.37 $ 1.02
Weighted average shares outstanding - basic (in shares) 13,571 13,518 13,556 13,506
Weighted average shares outstanding - diluted (in shares) 13,609 13,595 13,598 13,579