XML 37 R23.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share are computed using the weighted average number of common shares outstanding during the periods presented. Diluted earnings per share is computed using the weighted average number of common shares outstanding, adjusted to include the potentially dilutive effect of restricted stock units (see Note 10), and other potentially dilutive securities.
The following table sets forth the computation of basic and diluted earnings per share attributable to VPG stockholders (in thousands, except earnings per share):
Years ended December 31,
202320222021
Numerator:
Numerator for basic and diluted earnings per share:
Net earnings attributable to VPG stockholders
$25,707 $36,063 $20,221 
Denominator:
Denominator for basic earnings per share:
Weighted average shares
13,574 13,628 13,616 
Effect of dilutive securities:
Restricted stock units
79 60 41 
Dilutive potential common shares
79 60 41 
Denominator for diluted earnings per share:
Adjusted weighted average shares
13,653 13,688 13,657 
Basic earnings per share attributable to VPG stockholders
$1.89 $2.65 $1.49 
Diluted earnings per share attributable to VPG stockholders
$1.88 $2.63 $1.48