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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Comprehensive Income [Abstract]    
Consolidated net income $ 11,251 $ 4,990
Foreign currency translation losses, net of tax [1] (15) (194)
Unrealized income (loss) on available-for-sale securities, net of tax [1] 9 (316)
Other comprehensive loss (6) (510)
Consolidated comprehensive income 11,245 4,480
Less: Comprehensive income (loss) attributable to noncontrolling interest 6 (23)
Comprehensive income attributable to Vicor Corporation $ 11,239 $ 4,503
[1] The deferred tax assets associated with foreign currency translation losses and unrealized
income (loss)
on
available-for-sale
securities are completely offset by a tax valuation allowance as of March 31, 2023 and 2022. Therefore, there is no income tax benefit (provision) recognized for the three months ended March 31, 2023 and 2022.