Earnings Per Share - (Tables)

6 Months Ended

Jul. 01, 2023

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 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