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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue, Major Customer [Line Items]  
Summary of Cumulative Effect of Adoption on Consolidated Statement of Operations
a)
Consolidated Balance Sheet Items
 
As of December 31, 2018
 
 
As reported
 
 
Adjustments
 
 
Balances without
adoption of
Topic 606
 
Accounts receivable, net
 
$
43,673
 
 
$
(72
)
 
$
43,601
 
Inventories, net
 
 
47,370
 
 
 
(110
)
 
 
47,260
 
Total assets
 
 
221,068
 
 
 
(182
)
 
 
220,886
 
Income taxes payable
 
 
710
 
 
 
(59
)
 
 
651
 
Deferred revenue
 
 
5,069
 
 
 
5,768
 
 
 
10,837
 
Sales allowances
 
 
548
 
 
 
(483
)
 
 
65
 
Total liabilities
 
 
36,978
 
 
 
5,226
 
 
 
42,204
 
Retained earnings
 
 
129,000
 
 
 
(5,408
)
 
 
123,592
 
Total equity
 
 
184,090
 
 
 
(5,408
)
 
 
178,682
 
Total liabilities and equity
 
 
221,068
 
 
 
(182
)
 
 
220,886
 
b)
Consolidated Statement of Operations Items
 
Year Ended December 31, 2018
 
 
As reported
 
 
Adjustments
 
 
Balances without
adoption of
Topic 606
 
Net revenues
 
$
291,220
 
 
 
$(3,946)
 
 
$
287,274
 
Cost of revenues
 
 
152,249
 
 
 
(2,149
)
 
 
150,100
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross margin
 
 
138,971
 
 
 
(1,797
)
 
 
137,174
 
Income before income taxes
 
 
32,933
 
 
 
(1,797
)
 
 
31,136
 
Provision for income taxes
 
 
1,087
 
 
 
(59
)
 
 
1,028
 
Consolidated net income
 
 
31,846
 
 
 
(1,738
)
 
 
30,108
 
Net income attributable to Vicor Corporation
 
 
31,725
 
 
 
(1,738
)
 
 
29,987
 
Computation Of Basic And Diluted Net Income (Loss) Per Share The following table sets forth the computation of basic and diluted net income per share for the years ended December 31 (in thousands, except per share amounts):
 
2019
 
  
2018
 
  
2017
 
Numerator:
   
     
     
 
Net income attributable to Vicor Corporation
  $
14,098
     $
31,725
     $
167
  
                         
Denominator:
   
     
     
 
Denominator for basic net income per share-weighted average shares (1)
   
40,330
      
39,872
      
39,228
  
Effect of dilutive securities:
   
     
     
 
Employee stock options (2)
   
1,347
      
857
      
705
  
                         
Denominator for diluted net income per share-adjusted weighted-average shares and assumed conversions (3)
   
41,677
      
40,729
      
39,933
  
                         
Basic net income per share
  $
0.35
     $
0.80
     $
0.00
 
                         
Diluted net income per share
  $
0.34
     $
0.78
     $
0.00
 
                         
 
(1) Denominator represents weighted average number of Common Shares and Class B Common Shares outstanding.
(2) Options to purchase 164,367, 67,247 and 53,913 shares of Common Stock in 2019, 2018, and 2017, respectively, were not included in the calculation of net income per share as the effect would have been antidilutive.
(3) Denominator represents weighted average number of Common Shares and Class B Common Shares outstanding for the year, adjusted to include the dilutive effect, if any, of outstanding options.