Earnings Per Share

6 Months Ended

Jul. 01, 2023

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 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Numerator:
Numerator for basic earnings per share:
Net earnings attributable to VPG stockholders	$	8,236	$	10,755	$	15,200	$	17,111







Denominator:
Denominator for basic earnings per share:
Weighted average shares	13,601		13,648		13,593		13,643

Effect of dilutive securities:


Restricted stock units	69		44		68		41
Dilutive potential common shares	69		44		68		41

Denominator for diluted earnings per share:
Adjusted weighted average shares	13,670		13,692		13,661		13,684

Basic earnings per share attributable to VPG stockholders	$	0.61	$	0.79	$	1.12	$	1.25

Diluted earnings per share attributable to VPG stockholders	$	0.60	$	0.79	$	1.11	$	1.25