Earnings Per Share (Tables)

9 Months Ended

Oct. 03, 2015

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					Nine fiscal months ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Numerator:
Numerator for basic earnings (loss) per share:
Net earnings (loss)	$	(27,666	)	$	26,971	$	29,301	$	88,423
Adjustment to the numerator for continuing operations and net earnings:
Interest savings assuming conversion of dilutive convertible and exchangeable notes, net of tax		-			14		50		44
Numerator for diluted earnings (loss) per share:
Net earnings (loss)	$	(27,666	)	$	26,985	$	29,351	$	88,467
Denominator:
Denominator for basic earnings (loss) per share:
Weighted average shares		147,570			147,451		147,570		147,447
Outstanding phantom stock units		131			118		130		118
Adjusted weighted average shares		147,701			147,569		147,700		147,565
Effect of dilutive securities:
Convertible and exchangeable debt instruments		-			7,702		3,692		6,332
Restricted stock units		-			267		213		237
Other		-			8		2		8
Dilutive potential common shares		-			7,977		3,907		6,577
Denominator for diluted earnings (loss) per share:
Adjusted weighted average shares		147,701			155,546		151,607		154,142
Basic earnings (loss) per share attributable to Vishay stockholders	$	(0.19	)	$	0.18	$	0.20	$	0.60
Diluted earnings (loss) per share attributable to Vishay stockholders	$	(0.19	)	$	0.17	$	0.19	$	0.57

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				Nine fiscal months ended
	October 3, 2015		September 27, 2014		October 3, 2015		September 27, 2014
Convertible and exchangeable notes:
Convertible Senior Debentures, due 2040		20,364		-		13,537		-
Convertible Senior Debentures, due 2041		8,106		7,925		8,063		7,927
Convertible Senior Debentures, due 2042		13,060		-		4,353		-
Exchangeable Unsecured Notes, due 2102		2,512		-		-		-
Weighted average employee stock options		105		77		96		77
Weighted average other		1,059		710		768		705