Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings (loss) per share attributable to Vishay stockholders (shares in thousands):

	Fiscal quarters ended					Nine fiscal months ended
	October 1, 2016		October 3, 2015			October 1, 2016		October 3, 2015
Numerator:
Numerator for basic earnings (loss) per share:
Net earnings (loss) attributable to Vishay stockholders	$	36,440	$	(27,666	)	$	97,540	$	29,301
Interest savings assuming conversion of dilutive convertible and exchangeable notes, net of tax		-		-			38		50
Numerator for diluted earnings (loss) per share:
Net earnings (loss) attributable to Vishay stockholders - diluted	$	36,440	$	(27,666	)	$	97,578	$	29,351
Denominator:
Denominator for basic earnings (loss) per share:
Weighted average shares		146,781		147,570			147,327		147,570
Outstanding phantom stock units		143		131			143		130
Adjusted weighted average shares		146,924		147,701			147,470		147,700
Effect of dilutive securities:
Convertible and exchangeable debt instruments		2,541		-			2,387		3,692
Restricted stock units		423		-			266		213
Other		6		-			2		2
Dilutive potential common shares		2,970		-			2,655		3,907
Denominator for diluted earnings (loss) per share:
Adjusted weighted average shares - diluted		149,894		147,701			150,125		151,607
Basic earnings (loss) per share attributable to Vishay stockholders	$	0.25	$	(0.19	)	$	0.66	$	0.20
Diluted earnings (loss) per share attributable to Vishay stockholders	$	0.24	$	(0.19	)	$	0.65	$	0.19

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Diluted earnings (loss) 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 1, 2016		October 3, 2015		October 1, 2016		October 3, 2015
Convertible and exchangeable notes:
Convertible Senior Debentures, due 2040		-		20,364		13,750		13,537
Convertible Senior Debentures, due 2041		8,268		8,106		8,229		8,063
Convertible Senior Debentures, due 2042		-		13,060		-		4,353
Exchangeable Unsecured Notes, due 2102		-		2,512		-		-
Weighted average employee stock options		77		105		96		96
Weighted average other		415		1,059		545		768

In periods in which they are dilutive, if the potential common shares related to the exchangeable notes are included in the computation, the related interest savings, net of tax, assuming conversion/exchange is added to the net earnings used to compute earnings per share.