The following tables summarize the impacts of adopting the new revenue recognition guidance on certain components of the Company’s condensed consolidated financial statements (in thousands):

a) Consolidated Balance Sheet Items


	As of September 30, 2018
	As reported		Adjustments			Balances without adoption of Topic 606
Accounts receivable, net	$	45,052	$	(24	)	$	45,028
Inventories, net		43,444		(128	)		43,316
Total assets		207,665		(152	)		207,513

Income taxes payable		708		(25	)		683
Deferred revenue		4,442		4,911			9,353
Sales allowances		567		(497	)		70
Total liabilities		31,705		4,389			36,094

Retained earnings		122,090		(4,541	)		117,549
Total equity		175,960		(4,541	)		171,419
Total liabilities and equity		207,665		(152	)		207,513

b) Consolidated Statement of Operations Items


	Three Months Ended September 30, 2018
	As reported		Adjustments			Balances without adoption of Topic 606
Net revenues	$	78,035	$	(1,026	)	$	77,009
Cost of revenues		39,031		(575	)		38,456

Gross margin		39,004		(451	)		38,553

Income before income taxes		13,275		(451	)		12,824
Provision for income taxes		227		(7	)		220
Consolidated net income		13,048		(444	)		12,604
Net income attributable to Vicor Corporation		13,012		(444	)		12,568

	Nine Months Ended September 30, 2018
	As reported		Adjustments			Balances without adoption of Topic 606
Net revenues	$	217,500	$	(2,427	)	$	215,073
Cost of revenues		112,402		(1,531	)		110,871

Gross margin		105,098		(896	)		104,202

Income before income taxes		25,663		(896	)		24,767
Provision for income taxes		724		(25	)		699
Consolidated net income		24,939		(871	)		24,068
Net income attributable to Vicor Corporation		24,815		(871	)		23,944