Acquisition Activity (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

	June 1, 2021
Working capital	$	12,494
Property and equipment	1,209
Deferred income tax liability	(6,215)
Intangible assets:
Acquired technology	13,167
Customer relationships	8,135
Trade names	2,393
Total intangible assets	23,695
Fair value of acquired identifiable assets	31,183
Purchase price	$	47,216
Goodwill	$	16,033

(a) Working capital accounts include accounts receivable, inventory, prepaid expenses, accounts payable, accrued expenses, and accrued payroll.

Business Acquisition, Pro Forma Information

Following are the supplemental consolidated financial results for the Company on an unaudited pro forma basis, as if the DTS acquisition had been consummated on January 1, 2021 (unaudited):

	Year ended December 31,
	2021
	(unaudited)
Pro forma net revenues	$	331,155
Pro forma net earnings attributable to VPG stockholders	$	23,602
Pro forma basic earnings per share attributable to VPG stockholders	$	1.73
Pro forma diluted earnings per share attributable to VPG stockholders	$	1.73