XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 94,632 $ 88,562
Short term investment 1,000 0
Accounts receivable, net 57,240 60,068
Inventories:    
Raw materials 34,952 31,852
Work in process 28,368 26,401
Finished goods 27,088 26,407
Inventories, net 90,408 84,660
Prepaid expenses and other current assets 16,454 18,516
Total current assets 259,734 251,806
Property and equipment:    
Land 4,104 4,117
Buildings and improvements 71,379 71,613
Machinery and equipment 126,582 125,301
Software 9,141 9,539
Construction in progress 10,872 10,075
Accumulated depreciation (135,366) (133,518)
Property and equipment, net 86,712 87,127
Goodwill 45,579 45,544
Intangible assets, net 45,492 48,217
Operating lease right of use asset 27,440 24,342
Other assets 19,349 19,706
Total assets 484,306 476,742
Current liabilities:    
Trade accounts payable 11,875 13,792
Payroll and related expenses 18,169 21,966
Other accrued expenses 24,077 20,306
Income taxes 1,774 4,064
Current portion of operating lease liabilities 3,814 4,208
Total current liabilities 59,709 64,336
Long-term debt, less current portion 53,827 60,799
Deferred income taxes 4,098 4,212
Operating lease liabilities 22,587 20,043
Other liabilities 12,900 13,053
Accrued pension and other postretirement costs 7,028 7,777
Total liabilities 160,149 170,220
Equity:    
Treasury stock (12,700) (11,504)
Capital in excess of par value 202,267 201,164
Retained earnings 177,839 156,359
Accumulated other comprehensive loss (44,729) (40,900)
Total Vishay Precision Group, Inc. stockholders' equity 324,110 306,547
Noncontrolling interests 47 (25)
Total equity 324,157 306,522
Total liabilities and equity 484,306 476,742
Common Stock    
Equity:    
Common stock 1,330 1,325
Class B Convertible Common Stock    
Equity:    
Common stock $ 103 $ 103