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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 83,965 $ 88,562
Accounts receivable, net of allowances for credit losses of $508 and $709, respectively 56,438 60,068
Inventories:    
Raw materials 33,973 31,852
Work in process 26,594 26,401
Finished goods 27,572 26,407
Inventories 88,139 84,660
Prepaid expenses and other current assets 14,520 18,516
Total current assets 243,062 251,806
Property and equipment:    
Land 4,154 4,117
Buildings and improvements 72,952 71,613
Machinery and equipment 131,738 125,301
Software 9,619 9,539
Construction in progress 11,379 10,075
Accumulated depreciation (139,206) (133,518)
Property and equipment, net 90,636 87,127
Goodwill 45,734 45,544
Intangible assets, net 44,634 48,217
Operating lease right-of-use assets 26,953 24,342
Other assets 20,547 19,706
Total assets 471,566 476,742
Current liabilities:    
Trade accounts payable 11,698 13,792
Payroll and related expenses 18,971 21,966
Other accrued expenses 22,427 20,306
Income taxes 4,524 4,064
Current portion of operating lease liabilities 4,004 4,208
Total current liabilities 61,624 64,336
Long-term debt 31,856 60,799
Deferred income taxes 3,490 4,212
Operating lease liabilities 22,625 20,043
Other liabilities 14,770 13,053
Accrued pension and other postretirement costs 7,276 7,777
Total liabilities 141,641 170,220
Commitments and contingencies
Equity:    
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; none issued 0 0
Treasury stock, at cost - 893,293 shares held at December 31, 2023 and 704,880 shares held at December 31, 2022 (17,460) (11,504)
Capital in excess of par value 202,672 201,164
Retained earnings 182,066 156,359
Accumulated other comprehensive loss (38,869) (40,900)
Total Vishay Precision Group, Inc. stockholders' equity 329,842 306,547
Noncontrolling interests 83 (25)
Total equity 329,925 306,522
Total liabilities and equity 471,566 476,742
Common Stock    
Equity:    
Common stock 1,330 1,325
Class B Convertible Common Stock    
Equity:    
Common stock $ 103 $ 103