Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 98,438	$ 86,910
Accounts receivable, net of allowances for credit losses of $879 and $555, respectively	45,339	43,198
Inventories:
Raw materials	21,894	21,701
Work in process	21,534	23,128
Finished goods	18,920	22,066
Inventories	62,348	66,895
Prepaid expenses and other current assets	15,761	15,558
Total current assets	221,886	212,561
Property and equipment, at cost:
Land	4,282	4,243
Buildings and improvements	67,581	52,708
Machinery and equipment	115,717	111,492
Software	10,026	9,384
Construction in progress	6,341	2,485
Accumulated depreciation	(128,931)	(119,042)
Property and equipment, net	75,016	61,270
Goodwill	31,105	35,018
Intangible assets, net	32,039	34,198
Operating lease right of use asset	21,788	8,691
Other assets	20,053	18,675
Total assets	401,887	370,413
Current liabilities:
Trade accounts payable	10,487	8,869
Payroll and related expenses	17,595	16,312
Other accrued expenses	13,843	16,126
Income taxes	1,593	261
Current portion of operating lease liabilities	4,011	2,827
Current portion of long-term debt	18	44,516
Total current liabilities	47,547	88,911
Long-term debt, less current portion	40,626	17
Deferred income taxes	3,403	3,478
Operating lease liabilities	19,504	5,811
Other liabilities	16,263	14,775
Accrued pension and other postretirement costs	16,687	15,669
Total liabilities	144,030	128,661
Commitments and contingencies
Equity:
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued	0	0
Treasury stock, at cost - 619.667 shares held at December 31, 2020 and December 31, 2019	(8,765)	(8,765)
Capital in excess of par value	197,764	197,125
Retained earnings	100,075	89,288
Accumulated other comprehensive loss	(32,671)	(37,703)
Total Vishay Precision Group, Inc. stockholders' equity	257,823	241,360
Noncontrolling interests	34	392
Total equity	257,857	241,752
Total liabilities and equity	$ 401,887	$ 370,413
Common stock, shares outstanding (in shares)	12,552,439	12,500,006
Common Stock
Equity:
Common stock	$ 1,317	$ 1,312
Class B Convertible Common Stock
Equity:
Common stock	$ 103	$ 103
Common stock, shares outstanding (in shares)	1,022,887	1,022,887