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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 190,611 $ 182,418
Short-term Investments 0 45,215
Accounts receivable, less allowance of $87 in 2022 and $82 in 2021 65,429 55,097
Inventories 101,410 67,322
Other current assets 5,154 6,708
Total current assets 362,604 356,760
Deferred tax assets 280 208
Long-term investment, net 2,622 2,639
Property, plant and equipment, net 166,009 115,975
Other assets 5,386 1,623
Total assets 536,901 477,205
Current liabilities:    
Accounts payable 22,207 21,189
Accrued compensation and benefits 10,849 12,753
Accrued litigation 6,500 0
Accrued expenses 8,613 4,158
Sales allowances 1,661 1,464
Short-term lease liabilities 1,450 1,551
Income taxes payable 72 66
Short-term deferred revenue and customer prepayments 13,197 7,912
Total current liabilities 64,549 49,093
Long-term deferred revenue 145 413
Long-term income taxes payable 862 569
Long-term lease liabilities 7,009 3,225
Total liabilities 72,565 53,300
Commitments and contingencies (Note 15)
Vicor Corporation stockholders' equity:    
Additional paid-in capital 360,365 345,664
Retained earnings 243,079 217,633
Accumulated other comprehensive loss (988) (1,328)
Treasury stock at cost: 11,634,806 shares in 2022 and 2021 (138,927) (138,927)
Total Vicor Corporation stockholders' equity 464,088 423,599
Noncontrolling interest 248 306
Total equity 464,336 423,905
Total liabilities and equity 536,901 477,205
Class B Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock 118 118
Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock $ 441 $ 439