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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenues $ 78,112 $ 70,772 $ 212,274 $ 199,852
Cost of revenues 44,765 37,770 121,278 106,647
Gross margin 33,347 33,002 90,996 93,205
Operating expenses:        
Selling, general and administrative 15,212 15,443 47,036 45,846
Research and development 12,032 11,507 38,197 34,433
Total operating expenses 27,244 26,950 85,233 80,279
Income from operations 6,103 6,052 5,763 12,926
Other income (expense), net:        
Total unrealized gains on available-for-sale securities, net 36 11 81 50
Less: portion of gains recognized in other comprehensive income (35) (10) (78) (47)
Net credit gains recognized in earnings 1 1 3 3
Other income (expense), net 333 145 712 670
Total other income (expense), net 334 146 715 673
Income before income taxes 6,437 6,198 6,478 13,599
Less: Provision (benefit) for income taxes 651 266 (249) 805
Consolidated net income 5,786 5,932 6,727 12,794
Less: Net income (loss) attributable to noncontrolling interest 1 (5) 10 8
Net income attributable to Vicor Corporation $ 5,785 $ 5,937 $ 6,717 $ 12,786
Net income per common share attributable to Vicor Corporation:        
Basic $ 0.13 $ 0.15 $ 0.16 $ 0.32
Diluted $ 0.13 $ 0.14 $ 0.15 $ 0.31
Shares used to compute net income per common share attributable to Vicor Corporation:        
Basic [1] 43,164 40,332 41,814 40,279
Diluted 44,743 42,194 43,567 41,435
[1] Denominator represents weighted average number of shares of Common Stock and Class B Common Stock outstanding.