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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 694,133 $ 686,032
Short-term investments 108,822 78,286
Accounts receivable, net of allowances for doubtful accounts of $1,095 and $4,269, respectively 328,187 397,020
Inventories:    
Finished goods 122,466 138,112
Work in process 187,354 190,982
Raw materials 121,860 150,566
Total inventories 431,680 479,660
Prepaid expenses and other current assets 141,294 142,888
Total current assets 1,704,116 1,783,886
Property and equipment, at cost:    
Land 75,011 87,622
Buildings and improvements 585,064 619,445
Machinery and equipment 2,606,355 2,510,001
Construction in progress 110,722 125,109
Allowance for depreciation (2,425,627) (2,373,176)
Property and equipment, net 951,525 969,001
Right of use assets 93,162 0
Goodwill 150,642 147,480
Other intangible assets, net 60,659 65,688
Other assets 160,671 140,143
Total assets 3,120,775 3,106,198
Current liabilities:    
Notes payable to banks 2 18
Trade accounts payable 173,915 218,322
Payroll and related expenses 122,100 141,670
Lease liabilities 20,217 0
Other accrued expenses 186,463 229,660
Income taxes 17,731 54,436
Total current liabilities 520,428 644,106
Long-term debt, less current portion 499,147 494,509
U.S. transition tax payable 140,196 154,953
Deferred income taxes 22,021 85,471
Long-term lease liabilities 78,511 0
Other liabilities 100,207 79,489
Accrued pension and other postretirement costs 272,402 260,984
Total liabilities 1,632,912 1,719,512
Redeemable convertible debentures 174 2,016
Vishay stockholders' equity    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued 0 0
Common stock, par value $0.10 per share: authorized - 300,000,000 shares; 132,348,357 and 132,117,715 shares outstanding 13,235 13,212
Class B convertible common stock, par value $0.10 per share: authorized - 40,000,000 shares; 12,097,409 and 12,097,427 shares outstanding 1,210 1,210
Capital in excess of par value 1,425,170 1,436,011
Retained earnings (accumulated deficit) 72,180 (61,258)
Accumulated other comprehensive income (loss) (26,646) (6,791)
Total Vishay stockholders' equity 1,485,149 1,382,384
Noncontrolling interests 2,540 2,286
Total equity 1,487,689 1,384,670
Total liabilities, temporary equity, and equity $ 3,120,775 $ 3,106,198