Earnings Per Share - (Tables)

6 Months Ended

Jul. 02, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share attributable to VPG stockholders (in thousands, except earnings per share):

	Fiscal quarter ended				Six fiscal months ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Numerator:
Numerator for basic earnings per share:
Net earnings attributable to VPG stockholders	$	10,755	$	3,920	$	17,111	$	8,881
Denominator:
Denominator for basic earnings per share:
Weighted average shares	13,648		13,618		13,643		13,605
Effect of dilutive securities:
Restricted stock units	44		28		41		33
Dilutive potential common shares	44		28		41		33
Denominator for diluted earnings per share:
Adjusted weighted average shares	13,692		13,646		13,684		13,638
Basic earnings per share attributable to VPG stockholders	$	0.79	$	0.29	$	1.25	$	0.65
Diluted earnings per share attributable to VPG stockholders	$	0.79	$	0.29	$	1.25	$	0.65