XML 65 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Consolidated Statements of Operations [Abstract]      
Net revenues $ 2,668,305 $ 3,034,689 $ 2,599,368
Costs of products sold 1,997,105 2,146,165 1,896,259
Gross profit 671,200 888,524 703,109
Selling, general, and administrative expenses 384,631 403,404 367,831
Restructuring and severance costs 24,139 0 11,273
Operating income 262,430 485,120 324,005
Other income (expense):      
Interest expense (33,683) (36,680) (27,850)
Other components of net periodic pension cost (13,959) (13,118) (12,417)
Other 13,540 8,037 1,738
Loss on early extinguishment of debt (2,030) (26,583) 0
Loss on disposal of equity affiliate 0 0 (6,112)
Total other income (expense) (36,132) (68,344) (44,641)
Income before taxes 226,298 416,776 279,364
Income tax expense 61,508 70,239 298,924
Net earnings (loss) 164,790 346,537 (19,560)
Less: net earnings attributable to noncontrolling interests 854 779 784
Net earnings (loss) attributable to Vishay stockholders $ 163,936 $ 345,758 $ (20,344)
Basic earnings (loss) per share attributable to Vishay stockholders (in dollars per share) $ 1.13 $ 2.39 $ (0.14)
Diluted earnings (loss) per share attributable to Vishay stockholders (in dollars per share) $ 1.13 $ 2.24 $ (0.14)
Weighted average shares outstanding - basic (in shares) 144,608 144,370 145,633
Weighted average shares outstanding - diluted (in shares) 145,136 154,622 145,633
Cash dividends per share (in dollars per share) $ 0.3700 $ 0.3225 $ 0.2550