v3.25.3
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Net revenues $ 79,728 $ 75,727 $ 226,630 $ 233,869
Costs of products sold 47,603 45,467 136,866 136,108
Gross profit 32,125 30,260 89,764 97,761
Selling, general and administrative expenses 27,296 26,337 81,708 80,232
Gain on asset held for sale (5,544) 0 (5,544) 0
Restructuring charges in 2025 214 82 793 864
Operating income 10,159 3,841 12,807 16,665
Other (expense) income :        
Interest expense (425) (648) (1,525) (1,925)
Other 159 (2,646) (1,781) 915
Income before taxes 9,893 546 9,501 15,654
Income tax expense 1,961 1,874 2,220 6,508
Net earnings (loss) 7,932 (1,328) 7,281 9,146
Less: net earnings attributable to noncontrolling interests 74 23 117 3
Net earnings (loss) attributable to VPG stockholders $ 7,858 $ (1,351) $ 7,164 $ 9,143
Basic earnings (loss) per share attributable to VPG stockholders (in dollars per share) $ 0.59 $ (0.1) $ 0.54 $ 0.68
Diluted earnings (loss) per share attributable to VPG stockholders (in dollars per share) $ 0.59 $ (0.1) $ 0.54 $ 0.68
Weighted average shares outstanding - basic (in shares) 13,279 13,254 13,260 13,367
Weighted average shares outstanding - diluted (in shares) 13,344 13,254 13,307 13,405
Net revenues $ 79,728 $ 75,727 $ 226,630 $ 233,869
Costs of products sold 47,603 45,467 136,866 136,108
Gross profit 32,125 30,260 89,764 97,761
Selling, general and administrative expenses 27,296 26,337 81,708 80,232
Gain on asset held for sale (5,544) 0 (5,544) 0
Restructuring charges in 2025 214 82 793 864
Operating income 10,159 3,841 12,807 16,665
Other expense $ (266) $ (3,294) $ (3,306) $ (1,010)