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Net Income per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income per Share

10. Net Income per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

March 31,

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income attributable to Vicor Corporation

 

$

20,664

 

 

$

2,539

 

Denominator:

 

 

 

 

 

 

Denominator for basic net income per share – weighted
   average shares (1)

 

 

45,470

 

 

 

45,217

 

Effect of dilutive securities:

 

 

 

 

 

 

Employee stock options (2)

 

 

1,784

 

 

 

278

 

Denominator for diluted net income per share – adjusted
   weighted-average shares and assumed conversions

 

 

47,254

 

 

 

45,495

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.45

 

 

$

0.06

 

Diluted net income per share

 

$

0.44

 

 

$

0.06

 

 

(1)
Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.

 

(2)
Options to purchase 12,112 and 1,016,008 shares of Common Stock for the three months ended March 31, 2026 and 2025, respectively, were not included in the calculation of net income per share as the effect would have been antidilutive.