XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 610,825 $ 774,108
Short-term investments 305,272 146,743
Accounts receivable, net of allowances for credit losses of $1,324 and $1,895, respectively 416,178 396,458
Inventories:    
Finished goods 156,234 147,293
Work in process 261,345 226,496
Raw materials 201,300 162,711
Total inventories 618,879 536,500
Prepaid expenses and other current assets 170,056 156,689
Total current assets 2,121,210 2,010,498
Property and equipment, at cost:    
Land 75,907 74,646
Buildings and improvements 658,829 639,879
Machinery and equipment 2,857,636 2,758,262
Construction in progress 243,038 145,828
Allowance for depreciation (2,704,951) (2,639,136)
Property and equipment, net 1,130,459 979,479
Right of use assets 131,193 117,635
Deferred income tax assets 104,667 95,037
Goodwill 201,432 165,269
Other intangible assets, net 77,896 67,714
Other assets 98,796 107,625
Total assets 3,865,653 3,543,257
Current liabilities:    
Trade accounts payable 189,099 254,049
Payroll and related expenses 166,079 162,694
Lease liabilities 25,319 23,392
Other accrued expenses 261,606 218,089
Income taxes 84,155 35,443
Total current liabilities 726,258 693,667
Long-term debt, less current portion 500,937 455,666
U.S. transition tax payable 83,010 110,681
Deferred income taxes 117,183 69,003
Long-term lease liabilities 108,493 99,987
Other liabilities 92,530 95,861
Accrued pension and other postretirement costs 187,092 271,672
Total liabilities 1,815,503 1,796,537
Commitments and contingencies
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; 132,911,771 and 132,710,732 shares outstanding 13,291 13,271
Class B convertible common stock, par value $0.10 per share: authorized - 40,000,000 shares; 12,097,148 shares outstanding 1,210 1,210
Capital in excess of par value 1,352,321 1,347,830
Retained earnings 773,228 401,694
Treasury stock (at cost): 4,240,573 and zero common shares (82,972) 0
Accumulated other comprehensive income (loss) (10,827) (20,252)
Total Vishay stockholders' equity 2,046,251 1,743,753
Noncontrolling interests 3,899 2,967
Total equity 2,050,150 1,746,720
Total liabilities, temporary equity, and equity $ 3,865,653 $ 3,543,257