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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 182,418 $ 161,742
Short-term Investments 45,215 50,166
Accounts receivable, less allowance of $82 in 2021 and 2020 55,097 40,999
Inventories, net 67,322 57,269
Other current assets 6,708 6,756
Total current assets 356,760 316,932
Deferred tax assets 208 226
Long-term investment, net 2,639 2,517
Property, plant and equipment, net 115,975 74,843
Other assets 1,623 1,721
Total assets 477,205 396,239
Current liabilities:    
Accounts payable 21,189 14,121
Accrued compensation and benefits 12,753 14,094
Accrued expenses 4,158 2,624
Sales allowances 1,464 597
Short-term lease liabilities 1,551 1,629
Income taxes payable 66 139
Short-term deferred revenue and customer prepayments 7,912 7,309
Total current liabilities 49,093 40,513
Long-term deferred revenue 413 733
Long-term income taxes payable 569 643
Long-term lease liabilities 3,225 2,968
Contingent consideration obligations 0 227
Total liabilities 53,300 45,084
Commitments and contingencies (Note 15)
Vicor Corporation stockholders' equity:    
Additional paid-in capital 345,664 328,392
Retained earnings 217,633 161,008
Accumulated other comprehensive loss (1,328) (204)
Treasury stock at cost: 11,634,806 shares in 2021 and 2020 (138,927) (138,927)
Total Vicor Corporation stockholders' equity 423,599 350,820
Noncontrolling interest 306 335
Total equity 423,905 351,155
Total liabilities and equity 477,205 396,239
Class B Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock 118 118
Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock $ 439 $ 433