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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 84,335 $ 98,438
Accounts receivable, net of allowances for credit losses of $740 and $879, respectively 58,265 45,339
Inventories:    
Raw materials 25,464 21,894
Work in process 23,851 21,534
Finished goods 27,112 18,920
Inventories 76,427 62,348
Prepaid expenses and other current assets 15,916 15,761
Total current assets 234,943 221,886
Property and equipment:    
Land 4,241 4,282
Buildings and improvements 68,778 67,581
Machinery and equipment 122,202 115,717
Software 8,871 10,026
Construction in progress 7,747 6,341
Accumulated depreciation (130,619) (128,931)
Property and equipment, net 81,220 75,016
Goodwill 45,830 31,105
Intangible assets, net 52,437 32,039
Operating lease right-of-use assets 27,764 21,788
Other assets 19,695 20,053
Total assets 461,889 401,887
Current liabilities:    
Trade accounts payable 14,876 10,487
Payroll and related expenses 23,772 17,595
Other accrued expenses 17,596 13,843
Income taxes 3,774 1,593
Current portion of operating lease liabilities 4,610 4,011
Current portion of long-term debt 0 18
Total current liabilities 64,628 47,547
Long-term debt, less current portion 60,714 40,626
Deferred income taxes 5,848 3,403
Operating lease liabilities 25,140 19,504
Other liabilities 16,264 16,263
Accrued pension and other postretirement costs 12,253 16,687
Total liabilities 184,847 144,030
Commitments and contingencies
Equity:    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued 0
Treasury stock, at cost - 619.667 shares held at December 31, 2021 and December 31, 2020 (8,765) (8,765)
Capital in excess of par value 199,151 197,764
Retained earnings 120,296 100,075
Accumulated other comprehensive loss (35,008) (32,671)
Total Vishay Precision Group, Inc. stockholders' equity 277,099 257,823
Noncontrolling interests (57) 34
Total equity 277,042 257,857
Total liabilities and equity 461,889 401,887
Common Stock    
Equity:    
Common stock 1,322 1,317
Class B Convertible Common Stock    
Equity:    
Common stock $ 103 $ 103