Earnings Per Share

9 Months Ended

Sep. 28, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

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

	Fiscal quarter ended				Nine fiscal months ended
	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Numerator:
Numerator for basic earnings per share:
Net (loss) earnings attributable to VPG stockholders	$	(1,351)	$	6,280	$	9,143	$	21,480
Denominator:
Denominator for basic earnings per share:
Weighted average shares	13,254		13,600		13,367		13,596
Effect of dilutive securities:
Restricted stock units	—		86		38		74
Dilutive potential common shares	—		86		38		74
Denominator for diluted earnings per share:
Adjusted weighted average shares	13,254		13,686		13,405		13,670
Basic (loss) earnings per share attributable to VPG stockholders	$	(0.10)	$	0.46	$	0.68	$	1.58
Diluted (loss) earnings per share attributable to VPG stockholders	$	(0.10)	$	0.46	$	0.68	$	1.57