Earnings Per Share - (Tables)

9 Months Ended

Sep. 30, 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				Nine fiscal months ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Numerator:
Numerator for basic earnings per share:
Net earnings attributable to VPG stockholders	$	6,280	$	10,118	$	21,480	$	27,229
Denominator:
Denominator for basic earnings per share:
Weighted average shares	13,600		13,649		13,596		13,645
Effect of dilutive securities:
Restricted stock units	86		59		74		47
Dilutive potential common shares	86		59		74		47
Denominator for diluted earnings per share:
Adjusted weighted average shares	13,686		13,708		13,670		13,692
Basic earnings per share attributable to VPG stockholders	$	0.46	$	0.74	$	1.58	$	2.00
Diluted earnings per share attributable to VPG stockholders	$	0.46	$	0.74	$	1.57	$	1.99