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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenues $ 107,844 $ 103,118 $ 312,407 $ 293,586
Cost of revenues 51,966 56,148 154,822 162,166
Gross margin 55,878 46,970 157,585 131,420
Operating expenses:        
Selling, general and administrative 22,422 22,719 63,020 61,322
Research and development 17,752 14,747 50,556 44,516
Litigation-related 0 6,500 0 6,500
Total operating expenses 40,174 43,966 113,576 112,338
Income from operations 15,704 3,004 44,009 19,082
Other income (expense), net:        
Total unrealized gains (losses) on available-for-sale securities, net 20 0 (11) (87)
Less: portion of (gains) losses recognized in other comprehensive income (20) 1 11 90
Net credit gains recognized in earnings 0 1 0 3
Other income (expense), net 1,917 (569) 5,643 (325)
Total other income (expense), net 1,917 (568) 5,643 (322)
Income before income taxes 17,621 2,436 49,652 18,760
Provision for income taxes 1,038 641 4,716 1,395
Consolidated net income 16,583 1,795 44,936 17,365
Less: Net income (loss) attributable to noncontrolling interest 1 3 9 (19)
Net income attributable to Vicor Corporation $ 16,582 $ 1,792 $ 44,927 $ 17,384
Net income per common share attributable to Vicor Corporation:        
Basic $ 0.37 $ 0.04 $ 1.01 $ 0.4
Diluted $ 0.37 $ 0.04 $ 1 $ 0.39
Shares used to compute net income per common share attributable to Vicor Corporation:        
Basic [1] 44,433 44,031 44,275 43,986
Diluted 45,187 44,898 45,000 44,906
[1] Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.