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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Consolidated net income $ 17,102 $ 10,580 $ 28,353 $ 15,570
Foreign currency translation losses, net of tax [1] (175) (385) (190) (579)
Unrealized loss on available-for-sale securities, net of tax [1] (40) (66) (31) (382)
Other comprehensive loss (215) (451) (221) (961)
Consolidated comprehensive income 16,887 10,129 28,132 14,609
Less: Comprehensive loss attributable to noncontrolling interest (12) (42) (6) (65)
Comprehensive income attributable to Vicor Corporation $ 16,899 $ 10,171 $ 28,138 $ 14,674
[1] The deferred tax assets associated with foreign currency translation losses and unrealized loss on available-for-sale securities are completely offset by a tax valuation allowance as of June 30, 2023 and 2022. Therefore, there is no income tax benefit (provision) recognized for the three and six months ended June 30, 2023 and 2022.