XML 25 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share attributable to Vishay stockholders (shares in thousands):
 
   
Fiscal quarters ended
  
Six fiscal months ended
 
   
June 30, 2012
  
July 2, 2011
  
June 30, 2012
  
July 2, 2011
 
              
Numerator:
            
Numerator for basic earnings per share:
            
   Net earnings
 $45,671  $82,095  $79,483  $157,382 
                  
Adjustment to the numerator for continuing
                
  operations and net earnings:
                
Interest savings assuming conversion of dilutive convertible
             
        and exchangeable notes, net of tax
  72   48   162   94 
                  
Numerator for diluted earnings per share:
                
   Net earnings
 $45,743  $82,143  $79,645  $157,476 
                  
Denominator:
                
Denominator for basic earnings per share:
                
     Weighted average shares
  152,462   160,801   154,831   163,006 
                  
Effect of dilutive securities:
                
     Convertible and exchangeable debt instruments
  6,176   9,166   6,176   9,464 
     Restricted stock units
  513   428   489   385 
     Other
  98   250   100   288 
     Dilutive potential common shares
  6,787   9,844   6,765   10,137 
                  
Denominator for diluted earnings per share:
                
     Adjusted weighted average shares
  159,249   170,645   161,596   173,143 
                  
Basic earnings per share attributable to Vishay stockholders
 $0.30  $0.51  $0.51  $0.97 
                  
Diluted earnings per share attributable to Vishay stockholders
 $0.29  $0.48  $0.49  $0.91 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Diluted earnings per share for the periods presented do not reflect the following weighted average potential common shares that would have an antidilutive effect or have unsatisfied performance conditions (in thousands):
 
   
Fiscal quarters ended
  
Six fiscal months ended
 
   
June 30, 2012
  
July 2, 2011
  
June 30, 2012
  
July 2, 2011
 
Convertible and exchangeable notes:
            
  Convertible Senior Debentures, due 2040
  19,809   -   19,809   - 
  Convertible Senior Debentures, due 2041
  7,885   4,332   7,885   2,166 
  Convertible Senior Debentures, due 2042
  4,328   -   2,164   - 
Weighted average employee stock options
  296   -   244   2 
Weighted average warrants
  8,824   8,824   8,824   8,824 
Weighted average other
  194   101   201   69