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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Consolidated net income $ 53,600 $ 25,426 $ 56,629
Foreign currency translation losses, net of tax benefit [1] (209) (519) (425)
Unrealized (losses) gains on available-for-sale securities, net of tax [1] (92) 821 (732)
Other comprehensive (loss) income (301) 302 (1,157)
Consolidated comprehensive income 53,299 25,728 55,472
Less: Comprehensive loss attributable to noncontrolling interest (11) (58) (29)
Comprehensive income attributable to Vicor Corporation $ 53,310 $ 25,786 $ 55,501
[1] The deferred tax assets associated with cumulative foreign currency translation losses and cumulative unrealized (losses) gains on available-for-sale securities are completely offset by a tax valuation allowance as of December 31, 2023, 2022, and 2021. Therefore, there is no income tax benefit (provision) recognized in any of the three years ended December 31, 2023.