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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 191,050 $ 182,418
Short-term investments 20,003 45,215
Accounts receivable, net 52,659 55,097
Inventories, net 73,861 67,322
Other current assets 7,021 6,708
Total current assets 344,594 356,760
Long-term deferred tax assets, net 206 208
Long-term investment, net 2,536 2,639
Property, plant and equipment, net 140,494 115,975
Other assets 1,519 1,623
Total assets 489,349 477,205
Current liabilities:    
Accounts payable 22,572 21,189
Accrued compensation and benefits 12,592 12,660
Accrued expenses 3,172 4,158
Short-term lease liabilities 1,214 1,551
Accrued severance and other charges 93
Sales allowances 1,605 1,464
Income taxes payable 21 66
Short-term deferred revenue and customer prepayments 8,384 7,912
Total current liabilities 49,560 49,093
Long-term deferred revenue 332 413
Long-term income taxes payable 574 569
Long-term lease liabilities 6,694 3,225
Total liabilities 57,160 53,300
Commitments and contingencies (Note 10)
Vicor Corporation stockholders' equity:    
Additional paid-in capital 349,467 345,664
Retained earnings 222,632 217,633
Accumulated other comprehensive loss (1,824) (1,328)
Treasury stock at cost: 11,634,806 shares in 2022 and 2021 (138,927) (138,927)
Total Vicor Corporation stockholders' equity 431,906 423,599
Noncontrolling interest 283 306
Total equity 432,189 423,905
Total liabilities and equity 489,349 477,205
Class B Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock 118 118
Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock $ 440 $ 439