XML 42 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2017
Summary of Quarterly Financial Information (Unaudited) [Abstract]  
Summary of Quarterly Financial Information (Unaudited)
Note 20 – Summary of Quarterly Financial Information (Unaudited)


  
2017
  
2016
 
 
 
First
  
Second
  
Third
  
Fourth
  
First
  
Second
  
Third
  
Fourth
 
 
                        
Statement of Operations data:
                      
Net revenues
 
$
606,258
  
$
644,892
  
$
677,883
  
$
674,489
  
$
570,606
  
$
590,051
  
$
591,955
  
$
570,819
 
Gross profit
  
160,875
   
172,963
   
189,273
   
176,501
   
137,309
   
146,128
   
153,901
   
132,445
 
Operating income (loss)
  
64,688
   
82,036
   
92,328
   
72,536
   
40,548
   
49,408
   
57,229
   
(45,468
)
Net earnings (loss)
  
36,949
   
56,409
   
64,583
   
(177,501
)
  
28,152
   
33,229
   
36,596
   
(48,604
)
Net earnings (loss) attributable to noncontrolling interests
  
230
   
219
   
179
   
156
   
138
   
143
   
156
   
144
 
Net earnings (loss) attributable to Vishay stockholders
  
36,719
   
56,190
   
64,404
   
(177,657
)
  
28,014
   
33,086
   
36,440
   
(48,748
)
 
                                
Per Share data:
                                
Basic earnings (loss) per share attributable to Vishay stockholders (a)
 
$
0.25
  
$
0.38
  
$
0.44
  
$
(1.23
)
 
$
0.19
  
$
0.22
  
$
0.25
  
$
(0.33
)
 
                                
Diluted earnings (loss) per share attributable to Vishay stockholders (a)
 
$
0.24
  
$
0.36
  
$
0.41
  
$
(1.23
)
 
$
0.19
  
$
0.22
  
$
0.24
  
$
(0.33
)
 
                                
Certain Items Recorded during the Quarters:
                         
Operating income (loss):
                                
Restructuring and severance costs
 
$
1,469
  
$
481
  
$
3,244
  
$
6,079
  
$
6,475
  
$
4,467
  
$
1,197
  
$
7,060
 
Impairment of intangible assets
  
-
   
-
   
-
   
-
   
-
   
-
   
1,559
   
-
 
U.S. pension settlement charges
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
79,321
 
 
                                
Other income (expense):
                                
Gain (loss) on disposal of equity affiliate
 
$
(7,060
)
 
$
-
  
$
-
  
$
948
  
$
-
  
$
-
  
$
-
  
$
-
 
Gain on early extinguishment of debt
  
-
  
$
-
  
$
-
   
-
   
3,611
   
986
   
-
   
-
 
Gain (loss) related to Tianjin explosion
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
8,809
 
                                 
Income tax expense:
                                
Enactment of TCJA
 
$
-
  
$
-
  
$
-
  
$
234,855
  
$
-
  
$
-
  
$
-
  
$
-
 
Tax effects of cash repatriation program
  
(968
)
  
(1,240
)
  
(892
)
  
(2,702
)
  
(769
)
  
(1,217
)
  
(1,402
)
  
(165
)
Additional tax expense from AOCI - pension plan
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
34,853
 
Tax effects of changes in uncertain tax positions
  
-
   
-
   
(804
)
  
2,369
   
-
   
-
   
-
   
(8,704
)
 
                                
Quarter end date (b)
 
April 1
  
July 1
  
September 30
  
December 31
  
April 2
  
July 2
  
October 1
  
December 31
 

(a) May not add due to differences in weighted average share counts.
(b) The Company reports interim financial information for 13-week periods beginning on a Sunday and ending on a Saturday, except for the first fiscal quarter, which always begins on January 1, and the fourth fiscal quarter, which always ends on December 31.