The following tables summarize the impacts of adopting the new revenue recognition guidance on certain components of the Company’s condensed consolidated financial statements as of and for the three and six months ended June 30, 2018 (in thousands):

Consolidated Balance Sheet Items


	As reported		Adjustments			Balances without adoption of Topic 606
Accounts receivable, net	$	45,056	$	(39	)	$	45,017
Inventories, net		41,753		(97	)		41,656
Total assets		190,843		(136	)		190,707

Income taxes payable		526		(18	)		508
Deferred revenue		4,610		4,445			9,055
Sales allowances		550		(466	)		84
Total liabilities		31,905		3,961			35,866

Retained earnings		109,078		(4,097	)		104,981
Total equity		158,938		(4,097	)		154,841
Total liabilities and equity		190,843		(136	)		190,707

Consolidated Statement of Operations Items


	Three Months Ended
	As reported		Adjustments			Balances without adoption of Topic 606
Net revenues	$	74,196	$	(597	)	$	73,599
Cost of revenues		38,313		(372	)		37,941

Gross margin		35,883		(225	)		35,658

Income before income taxes		8,272		(225	)		8,047
Provision for income taxes		363		(11	)		352
Consolidated net income		7,909		(214	)		7,695
Net income attributable to Vicor Corporation		7,860		(214	)		7,646

	Six Months Ended
	As reported		Adjustments			Balances without adoption of Topic 606
Net revenues	$	139,465	$	(1,401	)	$	138,064
Cost of revenues		73,371		(956	)		72,415

Gross margin		66,094		(445	)		65,649

Income before income taxes		12,388		(445	)		11,943
Provision for income taxes		497		(18	)		479
Consolidated net income		11,891		(427	)		11,464
Net income attributable to Vicor Corporation		11,803		(427	)		11,376