Earnings Per Share (Tables)

9 Months Ended

Sep. 29, 2012

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share attributable to Vishay stockholders (shares in thousands):

	Fiscal quarters ended				Nine fiscal months ended
	September 29, 2012		October 1, 2011		September 29, 2012		October 1, 2011

Numerator:
Numerator for basic earnings per share:
Net earnings	$	22,280	$	50,487	$	101,763	$	207,869

Adjustment to the numerator for continuing
operations and net earnings:
Interest savings assuming conversion of dilutive convertible
and exchangeable notes, net of tax		71		38		233		132

Numerator for diluted earnings per share:
Net earnings	$	22,351	$	50,525	$	101,996	$	208,001

Denominator:
Denominator for basic earnings per share:
Weighted average shares		143,273		157,149		150,978		161,061

Effect of dilutive securities:
Convertible and exchangeable debt instruments		6,176		6,176		6,176		8,368
Restricted stock units		572		383		517		384
Other		97		100		99		226
Dilutive potential common shares		6,845		6,659		6,792		8,978

Denominator for diluted earnings per share:
Adjusted weighted average shares		150,118		163,808		157,770		170,039

Basic earnings per share attributable to Vishay stockholders	$	0.16	$	0.32	$	0.67	$	1.29

Diluted earnings per share attributable to Vishay stockholders	$	0.15	$	0.31	$	0.65	$	1.22

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Diluted earnings per share for the periods presented do not reflect the following weighted average potential common shares that would have an antidilutive effect or have unsatisfied performance conditions (in thousands):

	Fiscal quarters ended				Nine fiscal months ended
	September 29, 2012		October 1, 2011		September 29, 2012		October 1, 2011
Convertible and exchangeable notes:
Convertible Senior Debentures, due 2040		19,809		19,809		19,809		6,603
Convertible Senior Debentures, due 2041		7,885		7,885		7,885		4,072
Convertible Senior Debentures, due 2042		12,704		-		5,677		-
Weighted average employee stock options		124		359		199		121
Weighted average warrants		8,824		8,824		8,824		8,824
Weighted average other		231		138		211		92