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Summary of Quarterly Financial information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
(in thousands, except per share amounts)
2015 (a)
 
2014 (a)
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Statement of Operations data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net revenues
$
56,608

 
$
59,508

 
$
57,149

 
$
58,913

 
$
61,240

 
$
65,162

 
$
63,402

 
$
60,224

Gross profit
20,979

 
21,035

 
21,450

 
20,765

 
21,710

 
24,909

 
23,670

 
20,485

Operating income (loss)
2,153

 
2,335

 
(1,711
)
 
582

 
2,223

 
5,005

 
3,879

 
(3,614
)
Net earnings (loss)
847

 
1,460

 
(1,952
)
 
(13,349
)
 
1,242

 
3,570

 
3,264

 
(4,818
)
Less: net (loss) earnings attributable to noncontrolling interests
(13
)
 
(16
)
 
(9
)
 
52

 
67

 
(8
)
 
30

 
89

Net earnings (loss) attributable to VPG stockholders
860

 
1,476

 
(1,943
)
 
(13,401
)
 
1,175

 
3,578

 
3,234

 
(4,907
)
Per Share Data: (b)

 

 

 

 

 

 

 

Basic earnings (loss) per share
$
0.06

 
$
0.11

 
$
(0.15
)
 
$
(1.02
)
 
$
0.09

 
$
0.26

 
$
0.24

 
$
(0.36
)
Diluted earnings (loss) per share
$
0.06

 
$
0.11

 
$
(0.15
)
 
$
(1.02
)
 
$
0.08

 
$
0.26

 
$
0.23

 
$
(0.36
)
Certain Items Recorded during the Quarters:

 

 

 

 

 

 

 

Acquisition purchase accounting adjustments
$

 
$
26

 
$

 
$
146

 
$
39

 
$
2

 
$
15

 
$
19

Acquisition costs

 

 

 
185

 

 

 

 

Impairment of goodwill and indefinite-lived intangibles

 

 
4,942

 

 

 

 

 
5,579

Restructuring costs
78

 
304

 
459

 
3,620

 
324

 
7

 
144

 
193

Tax effect of adjustments for purchase accounting, acquisition costs, impairment charges and restructuring costs, and discrete tax items
16

 
41

 
1,081

 
(12,118
)
 
92

 
2

 
54

 
(504
)

(a)
The Company reports interim financial information for the 13-week periods beginning on a Sunday and ending on a Saturday, except for the first fiscal quarter, which always begins on January 1, and the fourth fiscal quarter, which always ends on December 31. The first, second, third, and fourth quarters of 2015 ended on March 28, June 27, September 26, and December 31, respectively. The first, second, third, and fourth quarters of 2014 ended on March 29, June 28, September 27, and December 31, respectively.
(b)
Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.