Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2018

18. QUARTERLY RESULTS OF OPERATIONS (Unaudited)

The following table sets forth certain unaudited quarterly financial data for the years ended December 31 (in thousands, except per share amounts):

	First		Second		Third		Fourth			Total
2018:
Net revenues	$	65,269	$	74,196	$	78,035	$	73,720		$	291,220
Gross margin		30,211		35,883		39,004		33,873			138,971
Consolidated net income		3,982		7,909		13,048		6,907			31,846
Net income (loss) attributable to noncontrolling interest		39		49		36		(3	)		121
Net income attributable to Vicor Corporation		3,943		7,860		13,012		6,910			31,725
Net income per share attributable to Vicor Corporation:
Basic		0.10		0.20		0.32		0.17			0.80
Diluted		0.10		0.19		0.32		0.17			0.78

	First			Second			Third			Fourth		Total
2017:
Net revenues	$	54,462		$	57,709		$	56,888		$	58,771	$	227,830
Gross margin		23,652			25,930			25,143			26,931		101,656
Consolidated net income (loss)		(954	)		(445	)		38			1,619		258
Net income attributable to noncontrolling interest		20			14			49			8		91
Net income (loss) attributable to Vicor Corporation		(974	)		(459	)		(11	)		1,611		167
Net income (loss) per share attributable to Vicor Corporation:
Basic and diluted		(0.02	)		(0.01	)		(0.00	)		0.04		0.00