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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net revenues $ 93,166 $ 107,844 $ 262,892 $ 312,407
Cost of revenues 47,422 51,966 129,254 154,822
Gross margin 45,744 55,878 133,638 157,585
Operating expenses:        
Selling, general and administrative 23,398 22,422 72,715 63,020
Research and development 16,960 17,752 51,938 50,556
Litigation-contingency expense 0 0 19,500 0
Total operating expenses 40,358 40,174 144,153 113,576
Income (loss) from operations 5,386 15,704 (10,515) 44,009
Other income (expense), net:        
Total unrealized gains (losses) on available-for-sale securities, net 40 20 110 (11)
Less: portion of (gains) losses recognized in other comprehensive income (40) (20) (110) 11
Net credit gains recognized in earnings 0 0 0 0
Other income (expense), net 3,713 1,917 9,244 5,643
Total other income (expense), net 3,713 1,917 9,244 5,643
Income (loss) before income taxes 9,099 17,621 (1,271) 49,652
Less: (Benefit) provision for income taxes (2,455) 1,038 2,832 4,716
Consolidated net income (loss) 11,554 16,583 (4,103) 44,936
Less: Net income attributable to noncontrolling interest 2 1 14 9
Net income (loss) attributable to Vicor Corporation $ 11,552 $ 16,582 $ (4,117) $ 44,927
Net income (loss) per common share attributable to Vicor Corporation:        
Basic $ 0.26 $ 0.37 $ (0.09) $ 1.01
Diluted $ 0.26 $ 0.37 $ (0.09) $ 1
Shares used to compute net income (loss) per common share attributable to Vicor Corporation:        
Basic [1] 45,117 44,433 44,829 44,275
Diluted 45,174 45,187 44,829 45,000
[1] Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.