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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Consolidated net income $ 4,990 $ 15,095
Foreign currency translation losses, net of tax [1] (194) (261)
Unrealized losses on available-for-sale securities, net of tax [1] (316) (128)
Other comprehensive loss (510) (389)
Consolidated comprehensive income 4,480 14,706
Less: Comprehensive loss attributable to noncontrolling interest (23) (17)
Comprehensive income attributable to Vicor Corporation $ 4,503 $ 14,723
[1] The deferred tax assets associated with foreign currency translation losses and unrealized losses on available-for-sale securities are completely offset by a tax valuation allowance as of March 31, 2022 and 2021. Therefore, there is no income tax benefit (provision) recognized for the three months ended March 31, 2022 and 2021.