v3.26.1
Note 11 - Earnings Per Share
 3 Months Ended
Apr. 04, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 11 – Earnings Per Share

 

Basic earnings per share are computed using the weighted average number of common shares outstanding during the periods presented. Diluted earnings per share is computed using the weighted average number of common shares outstanding, adjusted to include the potentially dilutive effect of restricted stock units (see Note 9), and other potentially dilutive securities.

 

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

 
  

April 4, 2026

  

March 29, 2025

 

Numerator:

        

Numerator for basic earnings per share:

        

Net loss attributable to VPG stockholders

 $(319) $(942)
         

Denominator:

        

Denominator for basic earnings per share:

        

Weighted average shares

  13,297   13,257 
         

Effect of dilutive securities:

        

Restricted stock units

  —   — 

Dilutive potential common shares

  —   — 
         

Denominator for diluted earnings per share:

        

Adjusted weighted average shares

  13,297   13,257 
         

Basic loss per share attributable to VPG stockholders

 $(0.02) $(0.07)
         

Diluted loss per share attributable to VPG stockholders

 $(0.02) $(0.07)

 

The Company’s potentially dilutive securities were not included in the calculation of diluted loss per share for the three fiscal months ended April 4, 2026 and March 29, 2025 as the effect would be anti-dilutive. The numbers of restricted stock units with a potentially dilutive impact were 82 and 88, respectively.