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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 972,719 $ 610,825
Short-term investments 35,808 305,272
Accounts receivable, net of allowances for credit losses of $1,705 and $1,324, respectively 426,674 416,178
Inventories:    
Finished goods 167,083 156,234
Work in process 267,339 261,345
Raw materials 213,098 201,300
Total inventories 647,520 618,879
Prepaid expenses and other current assets 214,443 170,056
Total current assets 2,297,164 2,121,210
Property and equipment, at cost:    
Land 77,006 75,907
Buildings and improvements 719,387 658,829
Machinery and equipment 3,053,868 2,857,636
Construction in progress 290,593 243,038
Allowance for depreciation (2,846,208) (2,704,951)
Property and equipment, net 1,294,646 1,130,459
Right of use assets 126,829 131,193
Deferred income taxes 137,394 104,667
Goodwill 201,416 201,432
Other intangible assets, net 72,333 77,896
Other assets 110,141 98,796
Total assets 4,239,923 3,865,653
Current liabilities:    
Trade accounts payable 191,002 189,099
Payroll and related expenses 161,940 166,079
Lease liabilities 26,485 25,319
Other accrued expenses 239,350 261,606
Income taxes 73,098 84,155
Total current liabilities 691,875 726,258
Long-term debt, less current portion 818,188 500,937
U.S. transition tax payable 47,027 83,010
Deferred income taxes 95,776 117,183
Long-term lease liabilities 102,830 108,493
Other liabilities 87,918 92,530
Accrued pension and other postretirement costs 195,503 187,092
Total liabilities 2,039,117 1,815,503
Commitments and contingencies
Vishay stockholders' equity    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; zero issued 0 0
Common stock, par value $0.10 per share: authorized - 300,000,000 shares; 133,187,901 and 132,911,771 shares outstanding 13,319 13,291
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 1,291,499 1,352,321
Retained earnings 1,041,372 773,228
Treasury stock (at cost) (161,656) (82,972)
Accumulated other comprehensive income (loss) 10,337 (10,827)
Total Vishay stockholders' equity 2,196,081 2,046,251
Noncontrolling interests 4,725 3,899
Total equity 2,200,806 2,050,150
Total liabilities, temporary equity, and equity $ 4,239,923 $ 3,865,653