$VICR
Vicor Corp

2017 Q2 Form 10-Q Financial Statement

#000119312517241724 Filed on July 31, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $57.71M $52.94M
YoY Change 9.01% -5.66%
Cost Of Revenue $31.78M $28.47M
YoY Change 11.62% -3.85%
Gross Profit $25.93M $24.47M
YoY Change 5.96% -7.69%
Gross Profit Margin 44.93% 46.22%
Selling, General & Admin $14.54M $14.32M
YoY Change 1.54% -5.11%
% of Gross Profit 56.06% 58.5%
Research & Development $11.93M $10.76M
YoY Change 10.92% 1.19%
% of Gross Profit 46.02% 43.96%
Depreciation & Amortization $2.189M $2.116M
YoY Change 3.45% -8.79%
% of Gross Profit 8.44% 8.65%
Operating Expenses $26.47M $25.07M
YoY Change 5.57% -2.51%
Operating Profit -$538.0K -$601.0K
YoY Change -10.48% -175.79%
Interest Expense $170.0K $30.00K
YoY Change 466.67% -57.14%
% of Operating Profit
Other Income/Expense, Net $360.0K $64.00K
YoY Change 462.5% 64.1%
Pretax Income -$178.0K -$537.0K
YoY Change -66.85% -164.54%
Income Tax $267.0K $13.00K
% Of Pretax Income
Net Earnings -$459.0K -$544.0K
YoY Change -15.63% -167.58%
Net Earnings / Revenue -0.8% -1.03%
Basic Earnings Per Share -$0.01 -$0.01
Diluted Earnings Per Share -$0.01 -$0.01
COMMON SHARES
Basic Shares Outstanding 39.17M shares 38.80M shares
Diluted Shares Outstanding 39.17M shares 38.80M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.40M $54.20M
YoY Change -5.17% -16.74%
Cash & Equivalents $51.43M $54.15M
Short-Term Investments
Other Short-Term Assets $3.867M $3.288M
YoY Change 17.61% -1.73%
Inventory $30.51M $26.13M
Prepaid Expenses
Receivables $34.09M $28.01M
Other Receivables $0.00 $0.00
Total Short-Term Assets $119.9M $111.6M
YoY Change 7.46% -7.89%
LONG-TERM ASSETS
Property, Plant & Equipment $38.93M $37.85M
YoY Change 2.84% 5.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.600M $2.600M
YoY Change 0.0% -13.33%
Other Assets $2.204M $2.127M
YoY Change 3.62% 27.37%
Total Long-Term Assets $43.72M $42.57M
YoY Change 2.69% 4.71%
TOTAL ASSETS
Total Short-Term Assets $119.9M $111.6M
Total Long-Term Assets $43.72M $42.57M
Total Assets $163.6M $154.1M
YoY Change 6.14% -4.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.54M $8.858M
YoY Change 19.01% -5.74%
Accrued Expenses $2.475M $2.266M
YoY Change 9.22% 1.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.77M $22.73M
YoY Change 35.36% -3.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $87.00K $900.0K
YoY Change -90.33% -35.71%
Total Long-Term Liabilities $87.00K $900.0K
YoY Change -90.33% -35.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.77M $22.73M
Total Long-Term Liabilities $87.00K $900.0K
Total Liabilities $31.52M $23.65M
YoY Change 33.31% -6.71%
SHAREHOLDERS EQUITY
Retained Earnings $92.01M $93.79M
YoY Change -1.9% -5.2%
Common Stock $179.1M $175.5M
YoY Change 2.06% 0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost) $138.9M $138.9M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $131.8M $130.3M
YoY Change
Total Liabilities & Shareholders Equity $163.6M $154.1M
YoY Change 6.14% -4.72%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$459.0K -$544.0K
YoY Change -15.63% -167.58%
Depreciation, Depletion And Amortization $2.189M $2.116M
YoY Change 3.45% -8.79%
Cash From Operating Activities $650.0K -$3.180M
YoY Change -120.44% -144.11%
INVESTING ACTIVITIES
Capital Expenditures -$2.980M -$2.760M
YoY Change 7.97% 49.19%
Acquisitions
YoY Change
Other Investing Activities $0.00 $270.0K
YoY Change -100.0% 170.0%
Cash From Investing Activities -$2.980M -$2.490M
YoY Change 19.68% 41.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 940.0K 80.00K
YoY Change 1075.0% -78.95%
NET CHANGE
Cash From Operating Activities 650.0K -3.180M
Cash From Investing Activities -2.980M -2.490M
Cash From Financing Activities 940.0K 80.00K
Net Change In Cash -1.390M -5.590M
YoY Change -75.13% -195.88%
FREE CASH FLOW
Cash From Operating Activities $650.0K -$3.180M
Capital Expenditures -$2.980M -$2.760M
Free Cash Flow $3.630M -$420.0K
YoY Change -964.29% -104.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
587000
CY2016Q2 us-gaap Assets
Assets
154149000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54153000
CY2016Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0
CY2016Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
496000
CY2017Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
185000
CY2017Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
86000
CY2017Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
189000
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
161000
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2475000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
119898000
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
34092000
CY2017Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
178661000
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
10542000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-414000
CY2017Q2 us-gaap Assets
Assets
163615000
CY2017Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
142000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51425000
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
399000
CY2017Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
3485000
CY2017Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7738000
CY2017Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
21000
CY2017Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0
CY2017Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
32746000
CY2017Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
339000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9925000
CY2017Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2565000
CY2017Q2 us-gaap Inventory Net
InventoryNet
30514000
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5545000
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
21538000
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3431000
CY2017Q2 us-gaap Liabilities
Liabilities
31523000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
163615000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
30766000
CY2017Q2 us-gaap Long Term Investments
LongTermInvestments
2565000
CY2017Q2 us-gaap Minority Interest
MinorityInterest
250000
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
3867000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2204000
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
87000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38927000
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
92005000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
131842000
CY2017Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
244000
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
132092000
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
138927000
CY2017Q2 vicr Commitment On Capital Expenditure
CommitmentOnCapitalExpenditure
5526000
CY6016Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62980000
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
584000
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
92000
CY2016Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
196000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
153000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2179000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
111772000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25216000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
176344000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
7588000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-561000
CY2016Q4 us-gaap Assets
Assets
154067000
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
253000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56170000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
397000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
3403000
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
38000
CY2016Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
374000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136 pure
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8965000
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
2508000
CY2016Q4 us-gaap Inventory Net
InventoryNet
27136000
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5127000
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
18648000
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3361000
CY2016Q4 us-gaap Liabilities
Liabilities
23050000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
154067000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
22227000
CY2016Q4 us-gaap Long Term Investments
LongTermInvestments
2508000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
208000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3250000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2175000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
37574000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
93438000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
130809000
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
214000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
131017000
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
138927000
dei Amendment Flag
AmendmentFlag
false
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
541000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1510728 shares
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
6000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4745000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
42000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1286000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1244000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
62589000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
17000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4346000
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-12000
dei Entity Registrant Name
EntityRegistrantName
VICOR CORP
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000751978
us-gaap Extended Product Warranty Description
ExtendedProductWarrantyDescription
Effective January 1, 2017, the Company extended the warranty period to three years for certain military grade products sold after that date.
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
6000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
51000
us-gaap Gross Profit
GrossProfit
49582000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
23000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1231000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-35000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
4232000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
87000
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-7000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
168000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
57000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5688000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-703000
us-gaap Profit Loss
ProfitLoss
-1399000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22939000
us-gaap Operating Expenses
OperatingExpenses
51498000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1658000
us-gaap Net Income Loss
NetIncomeLoss
-1433000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
34000
us-gaap Operating Income Loss
OperatingIncomeLoss
-1916000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
685000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
155000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
104000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-51000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
51000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
679000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5631000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
80000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1769000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000
us-gaap Sales Revenue Net
SalesRevenueNet
112171000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28559000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
97000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
195000
dei Trading Symbol
TradingSymbol
VICR
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39121000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39121000 shares
vicr Payment Of Contingent Consideration
PaymentOfContingentConsideration
111000
vicr Revisions Of Estimated Obligations
RevisionsOfEstimatedObligations
68000
vicr Provision Benefit For Doubtful Accounts
ProvisionBenefitForDoubtfulAccounts
8000
vicr Increase Or Decrease Fair Value Of Failed Auction Securities
IncreaseOrDecreaseFairValueOfFailedAuctionSecurities
100000
vicr Allocated Share Based Compensation Expenses And Adjustments
AllocatedShareBasedCompensationExpensesAndAdjustments
541000
vicr Auction Failed Securities Unrealized Loss Position Minimum Period
AuctionFailedSecuritiesUnrealizedLossPositionMinimumPeriod
P12M
vicr Product Warranty Periods
ProductWarrantyPeriods
P2Y0M0D
vicr Extended Product Warranty Period
ExtendedProductWarrantyPeriod
P3Y0M0D
vicr Estimated Timeframe For Auctions Of Securities Minimum
EstimatedTimeframeForAuctionsOfSecuritiesMinimum
P3Y
vicr Estimated Timeframe For Auctions Of Securities Maximum
EstimatedTimeframeForAuctionsOfSecuritiesMaximum
P5Y
vicr Percentage Of Credit Loss
PercentageOfCreditLoss
0.020 pure
vicr Percentage Of Liquidity Risk Premium
PercentageOfLiquidityRiskPremium
0.050 pure
vicr Increase Or Decrease In Liquidity Risk Premium
IncreaseOrDecreaseInLiquidityRiskPremium
0.010 pure
vicr Rate Of Return Required
RateOfReturnRequired
0.050 pure
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
669000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1889038 shares
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
7000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-8827000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5464000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5463000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
55181000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-51000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4311000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.006 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
33000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
us-gaap Gross Profit
GrossProfit
43787000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5891000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-58000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
2407000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-12000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
505000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
53000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4587000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4005000
us-gaap Operating Expenses
OperatingExpenses
49817000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-268000
us-gaap Net Income Loss
NetIncomeLoss
-5895000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-31000
us-gaap Operating Income Loss
OperatingIncomeLoss
-6030000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
139000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
463000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
417000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-46000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
46000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
132000
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
372000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4646000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-57000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
129000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000
us-gaap Profit Loss
ProfitLoss
-5926000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21486000
us-gaap Sales Revenue Net
SalesRevenueNet
98968000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28331000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
229000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
267000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38798000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38798000 shares
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2116000
vicr Payment Of Contingent Consideration
PaymentOfContingentConsideration
25000
vicr Revisions Of Estimated Obligations
RevisionsOfEstimatedObligations
50000
vicr Provision Benefit For Doubtful Accounts
ProvisionBenefitForDoubtfulAccounts
-23000
vicr Allocated Share Based Compensation Expenses And Adjustments
AllocatedShareBasedCompensationExpensesAndAdjustments
669000
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1889038 shares
CY2016Q2 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
3000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
13000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-296000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-283000
CY2016Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
28470000
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.024 pure
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2016Q2 us-gaap Gross Profit
GrossProfit
24471000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-537000
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000
CY2016Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
26000
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
25072000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-544000
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-601000
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
64000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
267000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
244000
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-23000
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
23000
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
61000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-550000
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10757000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
52941000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14315000
CY2016Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
198000
CY2016Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
107000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38801000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38801000 shares
CY2016Q2 vicr Allocated Share Based Compensation Expenses And Adjustments
AllocatedShareBasedCompensationExpensesAndAdjustments
340000
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1510728 shares
CY2017Q2 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
3000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
11000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-460000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-449000
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
31779000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2189000
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.500 pure
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2017Q2 us-gaap Gross Profit
GrossProfit
25930000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-178000
CY2017Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
267000
CY2017Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
39000
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
26468000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-459000
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-538000
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
360000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-40000
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-36000
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
36000
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
357000
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-445000
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11932000
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
57709000
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14536000
CY2017Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
24000
CY2017Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
91000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39172000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39172000 shares
CY2017Q2 vicr Revisions Of Estimated Obligations
RevisionsOfEstimatedObligations
8000
CY2017Q2 vicr Allocated Share Based Compensation Expenses And Adjustments
AllocatedShareBasedCompensationExpensesAndAdjustments
287000
CY6016Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0

Files In Submission

Name View Source Status
0001193125-17-241724-index-headers.html Edgar Link pending
0001193125-17-241724-index.html Edgar Link pending
0001193125-17-241724.txt Edgar Link pending
0001193125-17-241724-xbrl.zip Edgar Link pending
d410820d10q.htm Edgar Link pending
d410820dex311.htm Edgar Link pending
d410820dex312.htm Edgar Link pending
d410820dex321.htm Edgar Link pending
d410820dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vicr-20170630.xml Edgar Link completed
vicr-20170630.xsd Edgar Link pending
vicr-20170630_cal.xml Edgar Link unprocessable
vicr-20170630_def.xml Edgar Link unprocessable
vicr-20170630_lab.xml Edgar Link unprocessable
vicr-20170630_pre.xml Edgar Link unprocessable