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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of Comprehensive Income [Abstract]        
Consolidated net income $ 5,786 $ 5,932 $ 6,727 $ 12,794
Foreign currency translation gains (losses), net of tax [1] 84 (11) 110 74
Unrealized gains on available-for-sale securities, net of tax [1] 35 10 78 47
Other comprehensive income (loss) 119 (1) 188 121
Consolidated comprehensive income 5,905 5,931 6,915 12,915
Less: Comprehensive income (loss) attributable to noncontrolling interest 7 (6) 18 13
Comprehensive income attributable to Vicor Corporation $ 5,898 $ 5,937 $ 6,897 $ 12,902
[1] The deferred tax assets associated with cumulative foreign currency translation gains and cumulative unrealized gains on available-for-sale securities are completely offset by a tax valuation allowance as of September 30, 2020 and 2019. Therefore, there is no income tax benefit (provision) recognized for the three and nine months ended September 30, 2020 and 2019.