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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net revenues $ 317,919 $ 269,812 $ 283,958
Costs of products sold 192,777 165,541 172,341
Gross profit 125,142 104,271 111,617
Selling, general, and administrative expenses 95,273 78,256 79,622
Acquisition costs 1,198 0 443
Impairment of goodwill and indefinite-lived intangibles 1,223 2,440 0
Executive severance costs 0 0 611
Restructuring costs 76 918 2,293
Operating income 27,372 22,657 28,648
Other income (expense):      
Interest expense (1,230) (1,366) (1,507)
Other (230) (2,982) (701)
Other expenses - net (1,460) (4,348) (2,208)
Income before taxes 25,912 18,309 26,440
Income tax expense 5,469 7,509 4,145
Net earnings 20,443 10,800 22,295
Less: net earnings attributable to noncontrolling interests 222 13 107
Net earnings attributable to VPG stockholders $ 20,221 $ 10,787 $ 22,188
Basic earnings per share attributable to VPG stockholders (in dollars per share) $ 1.49 $ 0.80 $ 1.64
Diluted earnings per share attributable to VPG stockholders (in dollars per share) $ 1.48 $ 0.79 $ 1.63
Weighted average shares outstanding - basic (in shares) 13,616 13,566 13,515
Weighted average shares outstanding - diluted (in shares) 13,657 13,623 13,597