XML 27 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Stock-Based Compensation (Tables) | 6 Months Ended
--- | ---
Jun. 29, 2013
Stock-Based Compensation [Abstract] |
Summary of recognized stock-based compensation expense | The following table summarizes stock-based compensation expense recognized:
|  | Fiscal quarters ended |  |  | Six fiscal months ended |
|  | June 29, 2013 |  |  | June 30, 2012 |  |  | June 29, 2013 |  |  | June 30, 2012 |
Stock options |  | $ | 6 |  |  | $ | 20 |  |  | $ | 18 |  |  | $ | 47 |
Restricted stock units |  |  | (2,646 | ) |  |  | 1,133 |  |  |  | (1,718 | ) |  |  | 2,268 |
Phantom stock units |  |  | - |  |  |  | - |  |  |  | 108 |  |  |  | 93 |
Total |  | $ | (2,640 | ) |  | $ | 1,153 |  |  | $ | (1,592 | ) |  | $ | 2,408 |
Schedule of unrecognized compensation cost, nonvested awards | The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at June 29, 2013 (amortization periods in years):
|  | Unrecognized Compensation Cost |  |  | Weighted Average Remaining Amortization Periods |
Stock options |  | $ | - |  |  |  | 0.0 |
Restricted stock units |  |  | 12,814 |  |  |  | 1.6 |
Phantom stock units |  |  | - |  |  |  | 0.0 |
Total |  | $ | 12,814 |  |  |  |  |
Schedule of share-based compensation, restricted stock units award activity | RSU activity under the 2007 Program as of June 29, 2013 and changes during the six fiscal months then ended are presented below (number of RSUs in thousands):
|  | Number of RSUs |  |  | Weighted Average Grant-date Fair Value per Unit |
Outstanding: |  |  |  |  |  |
January 1, 2013 |  |  | 1,316 |  |  | $ | 12.53 |
Granted |  |  | 374 |  |  |  | 12.76 |
Vested* |  |  | (500 | ) |  |  | 9.82 |
Cancelled or forfeited |  |  | - |  |  |  | - |
Outstanding at June 29, 2013 |  |  | 1,190 |  |  | $ | 13.74 |
Expected to vest at June 29, 2013 |  |  | 681 |  |  |  |  |
________________________________________ * The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.
Schedule of share-based compensation arrangement by share-based units, vested and expected to vest | The Company recognizes compensation cost for RSUs that are expected to vest. The Company expects all performance-based vesting criteria for the outstanding performance-based RSUs that are scheduled to vest on January 1, 2016 will be achieved. The stock-based compensation expense recognized for 233,000 performance-based RSUs scheduled to vest on January 1, 2014 was reversed in the second fiscal quarter of 2013 at the time that it was determined that achievement of the performance-based vesting criteria was no longer probable. The stock-based compensation expense recognized for 276,000 performance-based RSUs scheduled to vest on January 1, 2015 was reversed in the fourth fiscal quarter of 2012 at the time that it was determined that achievement of the performance-based vesting criteria was no longer probable. RSUs with performance-based vesting criteria are expected to vest as follows (number of RSUs in thousands):
Vesting Date |  | Number of RSUs |
January 1, 2014 |  |  | - |
January 1, 2015 |  |  | - |
January 1, 2016 |  |  | 222 |
Phantom stock unit activity | Phantom stock unit activity under the phantom stock plan as of June 29, 2013 and changes during the six fiscal months then ended are presented below (number of phantom stock units in thousands):
|  | Number of units |  |  | Grant-date Fair Value per Unit |
Outstanding: |  |  |  |  |  |
January 1, 2013 |  |  | 97 |  |  |  |
Granted |  |  | 10 |  |  | $ | 10.75 |
Redeemed for common stock |  |  | - |  |  |  |  |
Outstanding at June 29, 2013 |  |  | 107 |  |  |  |  |

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number, aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both performance-based awards (or share units) outstanding and performance-based awards (or share units) fully vested and expected to vest at the date of the latest statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardPerformanceBasedUnitsVestedAndExpectedToVestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and grant date fair value per unit for phantom stock units awards that were outstanding at the beginning or end of the year, and the number of phantom stock units that were granted or redeemed for common stock during the year. + References No definition available. + Details
Name: | vsh_ScheduleOfShareBasedCompensationPhantomStockUnitsActivityTableTextBlock
Namespace Prefix: | vsh_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration