Vishay Precision Group Inc
For the period ended Sep 28, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2024 · Filed Nov 5, 2024
VPG$48.66+10.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Balance Sheets
| VISHAY PRECISION GROUP, INC.Consolidated Condensed Balance Sheets(In thousands) | ||
|---|---|---|
| September 28, 2024 | December 31, 2023 | |
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $81,077 | $83,965 |
| Accounts receivable, net | 52,821 | 56,438 |
| Inventories: | ||
| Raw materials | 34,027 | 33,973 |
| Work in process | 28,275 | 26,594 |
| Finished goods | 26,000 | 27,572 |
| Inventories, net | 88,302 | 88,139 |
| Prepaid expenses and other current assets | 20,137 | 14,520 |
| Total current assets | 242,337 | 243,062 |
| Property and equipment: | ||
| Land | 4,186 | 4,154 |
| Buildings and improvements | 73,759 | 72,952 |
| Machinery and equipment | 133,281 | 131,738 |
| Software | 10,198 | 9,619 |
| Construction in progress | 10,761 | 11,379 |
| Accumulated depreciation | (145,391) | (139,206) |
| Property and equipment, net | 86,794 | 90,636 |
| Goodwill | 45,610 | 45,734 |
| Intangible assets, net | 41,807 | 44,634 |
| Operating lease right-of-use assets | 25,239 | 26,953 |
| Other assets | 20,739 | 20,547 |
| Total assets | $462,526 | $471,566 |
Continues on the following page.
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| VISHAY PRECISION GROUP, INC.Consolidated Condensed Balance Sheets(In thousands) | ||
|---|---|---|
| September 28, 2024 | December 31, 2023 | |
| Liabilities and equity · (Unaudited) | ||
| Current liabilities: | ||
| Trade accounts payable | $9,986 | $11,698 |
| Payroll and related expenses | 17,819 | 18,971 |
| Other accrued expenses | 21,989 | 22,427 |
| Income taxes | 1,150 | 4,524 |
| Current portion of operating lease liabilities | 4,053 | 4,004 |
| Total current liabilities | 54,997 | 61,624 |
| Long-term debt | 31,383 | 31,856 |
| Deferred income taxes | 3,645 | 3,490 |
| Operating lease liabilities | 20,645 | 22,625 |
| Other liabilities | 14,145 | 14,770 |
| Accrued pension and other postretirement costs | 7,054 | 7,276 |
| Total liabilities | 131,869 | 141,641 |
| Equity: | ||
| Common stock | 1,336 | 1,330 |
| Class B convertible common stock | 103 | 103 |
| Treasury stock | (25,335) | (17,460) |
| Capital in excess of par value | 202,872 | 202,672 |
| Retained earnings | 191,209 | 182,066 |
| Accumulated other comprehensive loss | (39,564) | (38,869) |
| Total Vishay Precision Group, Inc. stockholders' equity | 330,621 | 329,842 |
| Noncontrolling interests | 36 | 83 |
| Total equity | 330,657 | 329,925 |
| Total liabilities and equity | $462,526 | $471,566 |
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