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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Comprehensive Income [Abstract]        
Consolidated net income $ 19,383 $ 2,672 $ 34,478 $ 941
Foreign currency translation (losses) gains, net of tax [1] (10) (15) (271) 26
Unrealized (losses) gains on available-for-sale securities, net of tax [1] (231) (3) (359) 43
Other comprehensive (loss) income (241) (18) (630) 69
Consolidated comprehensive income 19,142 2,654 33,848 1,010
Less: Comprehensive (loss) income attributable to noncontrolling interest (12) 3 (29) 11
Comprehensive income attributable to Vicor Corporation $ 19,154 $ 2,651 $ 33,877 $ 999
[1] The deferred tax assets associated with foreign currency translation (losses) gains and unrealized (losses) gains on available-for-sale securities are completely offset by a tax valuation allowance as of June 30, 2021 and 2020. Therefore, there is no income tax benefit (provision) recognized for the three and six months ended June 30, 2021 and 2020.