v3.26.1
Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Net revenues $ 83,936 $ 75,161 $ 168,288 $ 146,902
Costs of products sold 51,497 44,567 102,974 89,262
Gross profit 32,439 30,594 65,314 57,640
Selling, general and administrative expenses 31,960 27,701 64,047 54,412
Restructuring charges in 2026 773 185 1,222 580
Operating (loss) income (294) 2,708 45 2,648
Other expense:        
Interest expense (345) (550) (674) (1,101)
Other (1,215) (1,262) (1,384) (1,938)
Other expense (1,560) (1,812) (2,058) (3,039)
(Loss) income before taxes (1,854) 896 (2,013) (391)
Income tax (benefit) expense (148) 592 (20) 260
Net (loss) earnings (1,706) 304 (1,993) (651)
Less: net earnings attributable to noncontrolling interests 14 56 46 43
Net (loss) earnings attributable to VPG stockholders $ (1,720) $ 248 $ (2,039) $ (694)
Basic (loss) earnings per share attributable to VPG stockholders (in dollars per share) $ (0.13) $ 0.02 $ (0.15) $ (0.05)
Diluted (loss) earnings per share attributable to VPG stockholders (in dollars per share) $ (0.13) $ 0.02 $ (0.15) $ (0.05)
Weighted average shares outstanding - basic (in shares) 13,310 13,263 13,282 13,259
Weighted average shares outstanding - diluted (in shares) 13,310 13,309 13,282 13,259
Net revenues $ 83,936 $ 75,161 $ 168,288 $ 146,902
Costs of products sold 51,497 44,567 102,974 89,262
Gross profit 32,439 30,594 65,314 57,640
Selling, general and administrative expenses 31,960 27,701 64,047 54,412
Restructuring charges in 2026 773 185 1,222 580
Operating (loss) income $ (294) $ 2,708 $ 45 $ 2,648