Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

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
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014

Numerator:
Numerator for basic earnings per share:
Net earnings	$	26,268	$	35,642	$	56,967	$	61,452

Adjustment to the numerator for continuing operations and net earnings:
Interest savings assuming conversion of dilutive convertible and exchangeable notes, net of tax		17		15		33		30

Numerator for diluted earnings per share:
Net earnings	$	26,285	$	35,657	$	57,000	$	61,482

Denominator:
Denominator for basic earnings per share:
Weighted average shares		147,570		147,449		147,569		147,444
Outstanding phantom stock units		130		118		130		117
Adjusted weighted average shares		147,700		147,567		147,699		147,561

Effect of dilutive securities:
Convertible and exchangeable debt instruments		3,788		6,513		4,283		5,647
Restricted stock units		212		234		198		222
Other		-		8		3		8
Dilutive potential common shares		4,000		6,755		4,484		5,877

Denominator for diluted earnings per share:
Adjusted weighted average shares		151,700		154,322		152,183		153,438

Basic earnings per share attributable to Vishay stockholders	$	0.18	$	0.24	$	0.39	$	0.42

Diluted earnings per share attributable to Vishay stockholders	$	0.17	$	0.23	$	0.37	$	0.40

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
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Convertible and exchangeable notes:
Convertible Senior Debentures, due 2040		20,248		-		10,124		-
Convertible Senior Debentures, due 2041		8,060		7,924		8,042		7,911
Weighted average employee stock options		105		77		91		77
Weighted average other		842		693		731		702