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Restructuring and Related Activities
9 Months Ended
Sep. 28, 2013
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities
Note 3 – Restructuring and Related Activities

Gain on Sale of Vacated Property

On April 3, 2012, Vishay sold a property in Belgium vacated as a result of its restructuring activities in prior years for approximately $14,200. Vishay recognized a gain on the sale of the property of $12,153 within its statements of operations and proceeds from the sale of property and equipment of $3,406 within its statement of cash flows in the second fiscal quarter of 2012. The remaining proceeds are reported as proceeds from the sale of property and equipment within the statements of cash flows as the cash is received.

Subsequent Events

On October 28, 2013, the Company announced various cost reduction programs as part of its continuous efforts to improve efficiency and operating performance.

The programs primarily focus on a plan to enhance the competitiveness of its MOSFETs segment and a voluntary separation / early retirement offer to certain employees Company-wide.  The Company also plans to implement two other smaller cost reduction programs concerning the manufacturing of products within its Diodes segment.  The cash costs for these programs, primarily severance, are expected to be approximately $26,000.  Complete implementation of all of the programs is expected to occur before the end of the first fiscal quarter of 2016.