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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Revenue, Major Customer [Line Items]  
Computation of Basic and Diluted Net Income 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):
 
 
  
2022
 
  
2021
 
  
2020
 
Numerator:
  
  
  
Net income attributable to Vicor Corporation
   $ 25,446      $ 56,625      $ 17,910  
    
 
 
    
 
 
    
 
 
 
Denominator:
                          
Denominator for basic net income per share
-
weighted average shares (1)
     44,005        43,651        42,186  
Effect of dilutive securities:
                          
Employee stock options (2)
     889        1,315        1,683  
    
 
 
    
 
 
    
 
 
 
Denominator for diluted net income per share
-
adjusted weighted-average shares and assumed conversions (3)
     44,894        44,966        43,869  
    
 
 
    
 
 
    
 
 
 
Basic net income per share
   $ 0.58      $ 1.30      $ 0.42  
    
 
 
    
 
 
    
 
 
 
Diluted net income per share
   $ 0.57      $ 1.26      $ 0.41  
    
 
 
    
 
 
    
 
 
 
 
(1)
Denominator represents weighted average number of Common Shares and Class B Common Shares outstanding.
 
(2)
Options to purchase 879,228, 60,736 and 181,196 shares of Common Stock in 2022, 2021, and 2020, 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 op
tio
ns.