Vishay Intertechnology (VSH) 10-K 14 Feb 25 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 12, 2025	Jun. 29, 2024
Entity Listings [Line Items]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	1-7416
Entity Registrant Name	Vishay Intertechnology, Inc.
Entity Central Index Key	0000103730
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	38-1686453
Entity Address, Address Line One	63 Lancaster Avenue
Entity Address, City or Town	Malvern
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19355
City Area Code	610
Local Phone Number	644-1300
Title of 12(b) Security	Common stock, par value $0.10 per share
Trading Symbol	VSH
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 2,805,000,000
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Philadelphia, Pennsylvania
Common stock, par value $0.10 per share [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		123,469,861
Class B Common Stock [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		12,097,148

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 590,286	$ 972,719
Short-term investments	16,130	35,808
Accounts receivable, net of allowances for credit losses of $1,311 and $1,705, respectively	401,901	426,674
Inventories:
Finished goods	175,176	167,083
Work in process	296,393	267,339
Raw materials	217,812	213,098
Total inventories	689,381	647,520
Prepaid expenses and other current assets	217,809	214,443
Total current assets	1,915,507	2,297,164
Property and equipment, at cost:
Land	84,124	77,006
Buildings and improvements	766,058	719,387
Machinery and equipment	3,259,213	3,053,868
Construction in progress	367,564	290,593
Allowance for depreciation	(2,931,221)	(2,846,208)
Property and equipment, net	1,545,738	1,294,646
Right of use assets	117,953	126,829
Deferred income taxes	159,769	137,394
Goodwill	179,005	201,416
Other intangible assets, net	87,223	72,333
Other assets	105,501	110,141
Total assets	4,110,696	4,239,923
Current liabilities:
Trade accounts payable	216,313	191,002
Payroll and related expenses	137,101	161,940
Lease liabilities	25,901	26,485
Other accrued expenses	264,471	239,350
Income taxes	64,562	73,098
Total current liabilities	708,348	691,875
Long-term debt, less current portion	905,019	818,188
U.S. transition tax payable	0	47,027
Deferred income taxes	96,363	95,776
Long-term lease liabilities	94,218	102,830
Other liabilities	104,086	87,918
Accrued pension and other postretirement costs	173,700	195,503
Total liabilities	2,081,734	2,039,117
Commitments and contingencies
Vishay stockholders' equity
Preferred stock, par value $1.00 per share: authorized - 1,000,000 shares; zero issued	0	0
Common stock, par value $0.10 per share: authorized - 300,000,000 shares; 133,607,153 and 133,187,901 shares issued	13,361	13,319
Class B convertible common stock, par value $0.10 per share: authorized - 40,000,000 shares; 12,097,148 shares issued	1,210	1,210
Capital in excess of par value	1,306,245	1,291,499
Retained earnings	955,500	1,041,372
Treasury stock (at cost): 9,933,595 and 7,535,881 common shares	(212,062)	(161,656)
Accumulated other comprehensive income (loss)	(35,292)	10,337
Total Vishay stockholders' equity	2,028,962	2,196,081
Noncontrolling interests	0	4,725
Total equity	2,028,962	2,200,806
Total liabilities and equity	$ 4,110,696	$ 4,239,923

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Accounts receivable, allowances for credit losses	$ 1,311	$ 1,705
Total Vishay stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Treasury stock (in shares)	9,933,595	7,535,881
Common Stock [Member]
Total Vishay stockholders' equity:
Common stock, par value (in dollars per share)	$ 0.1	$ 0.1
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	133,607,153	133,187,901
Common Class B [Member]
Total Vishay stockholders' equity:
Common stock, par value (in dollars per share)	$ 0.1	$ 0.1
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	12,097,148	12,097,148

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Operations [Abstract]
Net revenues	$ 2,937,587	$ 3,402,045	$ 3,497,401
Costs of products sold	2,311,295	2,427,552	2,438,412
Gross profit	626,292	974,493	1,058,989
Selling, general, and administrative expenses	513,564	488,349	443,503
Restructuring and severance costs	40,614	0	0
Impairment of goodwill	66,487	0	0
Operating income	5,627	486,144	615,486
Other income (expense):
Interest expense	(27,480)	(25,131)	(17,129)
Other	19,464	25,263	(4,852)
Loss on early extinguishment of debt	0	(18,874)	0
Total other income (expense)	(8,016)	(18,742)	(21,981)
Income (loss) before taxes	(2,389)	467,402	593,505
Income tax expense	27,366	141,889	163,022
Net earnings (loss)	(29,755)	325,513	430,483
Less: net earnings attributable to noncontrolling interests	1,395	1,693	1,673
Net earnings (loss) attributable to Vishay stockholders	$ (31,150)	$ 323,820	$ 428,810
Basic earnings (loss) per share attributable to Vishay stockholders (in dollars per share)	$ (0.23)	$ 2.32	$ 2.99
Diluted earnings (loss) per share attributable to Vishay stockholders (in dollars per share)	$ (0.23)	$ 2.31	$ 2.98
Weighted average shares outstanding - basic (in shares)	136,964	139,447	143,399
Weighted average shares outstanding - diluted (in shares)	136,964	140,246	143,915
Cash dividends per share (in dollars per share)	$ 0.4	$ 0.4	$ 0.4

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Comprehensive Income [Abstract]
Net earnings (loss)	$ (29,755)	$ 325,513	$ 430,483
Other comprehensive income (loss), net of tax
Pension and other post-retirement actuarial items	3,643	(7,001)	51,310
Foreign currency translation adjustment	(49,272)	28,165	(41,885)
Other comprehensive income (loss)	(45,629)	21,164	9,425
Comprehensive income (loss)	(75,384)	346,677	439,908
Less: comprehensive income attributable to noncontrolling interests	1,395	1,693	1,673
Comprehensive income (loss) attributable to Vishay stockholders	$ (76,779)	$ 344,984	$ 438,235

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating activities
Net earnings (loss)	$ (29,755)	$ 325,513	$ 430,483
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	210,645	184,373	163,991
Gain on disposal of property and equipment	(1,969)	(554)	(455)
Inventory write-offs for obsolescence	37,245	37,426	26,898
Impairment of goodwill	66,487	0	0
Pensions and other postretirement benefits, net of contributions	(6,036)	(9,559)	(615)
Stock compensation expense	20,921	16,532	6,545
Loss on early extinguishment of debt	0	18,874	0
Deferred income taxes	(23,514)	36,783	38,677
Other operating activities	20,416	9,442	835
Change in U.S. transition tax liability	(37,622)	(27,670)	(14,757)
Change in repatriation tax liability	(15,000)	(63,600)	(25,201)
Net change in operating assets and liabilities, net of effects of businesses acquired	(68,116)	(161,857)	(142,113)
Net cash provided by operating activities	173,702	365,703	484,288
Investing activities
Capital expenditures	(320,079)	(329,410)	(325,308)
Proceeds from sale of property and equipment	3,015	1,156	1,198
Purchases of and deposits for businesses, net of cash acquired	(216,024)	(13,753)	(50,000)
Purchase of short-term investments	(145,327)	(117,523)	(285,956)
Maturity of short-term investments	164,983	387,898	132,901
Other investing activities	970	(1,219)	(1,766)
Net cash used in investing activities	(512,462)	(72,851)	(528,931)
Financing activities
Proceeds from long-term borrowings	0	750,000	0
Repurchase of convertible senior notes due 2025	(52,960)	(386,745)	0
Net proceeds (payments) on revolving credit facility	136,000	(42,000)	42,000
Debt issuance and amendment costs	(1,062)	(26,823)	0
Cash paid for capped call	0	(94,200)	0
Repurchase of common stock held in treasury	(50,406)	(78,684)	(82,972)
Distributions to noncontrolling interests	(2,500)	(867)	(741)
Acquisition of noncontrolling interests	(5,500)	0	0
Cash withholding taxes paid when shares withheld for vested equity awards	(4,303)	(3,994)	(2,123)
Net cash provided by (used in) financing activities	(35,403)	61,061	(101,023)
Effect of exchange rate changes on cash and cash equivalents	(8,270)	7,981	(17,617)
Net increase (decrease) in cash and cash equivalents	(382,433)	361,894	(163,283)
Cash and cash equivalents at beginning of year	972,719	610,825	774,108
Cash and cash equivalents at end of year	590,286	972,719	610,825
Common Stock [Member]
Financing activities
Dividends paid	(49,833)	(50,787)	(52,348)
Class B Convertible Common Stock [Member]
Financing activities
Dividends paid	$ (4,839)	$ (4,839)	$ (4,839)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Common Stock [Member]	Common Stock [Member] Class B Convertible Common Stock [Member]	Capital In Excess of Par Value [Member]	Retained Earnings (Accumulated Deficit) [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total Vishay Stockholders' Equity [Member]	Noncontrolling Interests [Member]	Total
Balance at period start at Dec. 31, 2021	$ 13,271	$ 1,210	$ 1,347,830	$ 401,694	$ 0	$ (20,252)	$ 1,743,753	$ 2,967	$ 1,746,720
Net earnings (loss)	0	0	0	428,810	0	0	428,810	1,673	430,483
Other comprehensive income (loss)	0	0	0	0	0	9,425	9,425	0	9,425
Distributions to noncontrolling interests	0	0	0	0	0	0	0	(741)	(741)
Acquisition of noncontrolling interests									0
Issuance of stock and related tax withholdings for vested restricted stock units	20	0	(2,143)	0	0	0	(2,123)	0	(2,123)
Dividends declared	0	0	89	(57,276)	0	0	(57,187)	0	(57,187)
Stock compensation expense	0	0	6,545	0	0	0	6,545	0	6,545
Repurchase of common stock held in treasury	0	0	0	0	(82,972)	0	(82,972)	0	(82,972)
Balance at period end at Dec. 31, 2022	13,291	1,210	1,352,321	773,228	(82,972)	(10,827)	2,046,251	3,899	2,050,150
Net earnings (loss)	0	0	0	323,820	0	0	323,820	1,693	325,513
Other comprehensive income (loss)	0	0	0	0	0	21,164	21,164	0	21,164
Distributions to noncontrolling interests	0	0	0	0	0	0	0	(867)	(867)
Acquisition of noncontrolling interests									0
Issuance of stock and related tax withholdings for vested restricted stock units	28	0	(4,022)	0	0	0	(3,994)	0	(3,994)
Dividends declared	0	0	50	(55,676)	0	0	(55,626)	0	(55,626)
Stock compensation expense	0	0	16,532	0	0	0	16,532	0	16,532
Repurchase of common stock held in treasury	0	0	0	0	(78,684)	0	(78,684)	0	(78,684)
Capped call transactions, net of tax	0	0	(73,382)	0	0	0	(73,382)	0	(73,382)
Balance at period end at Dec. 31, 2023	13,319	1,210	1,291,499	1,041,372	(161,656)	10,337	2,196,081	4,725	2,200,806
Net earnings (loss)	0	0	0	(31,150)	0	0	(31,150)	1,395	(29,755)
Other comprehensive income (loss)	0	0	0	0	0	(45,629)	(45,629)	0	(45,629)
Distributions to noncontrolling interests	0	0	0	0	0	0	0	(2,500)	(2,500)
Acquisition of noncontrolling interests	0	0	(1,880)	0	0	0	(1,880)	(3,620)	(5,500)
Issuance of stock and related tax withholdings for vested restricted stock units	42	0	(4,345)	0	0	0	(4,303)	0	(4,303)
Dividends declared	0	0	50	(54,722)	0	0	(54,672)	0	(54,672)
Stock compensation expense	0	0	20,921	0	0	0	20,921	0	20,921
Repurchase of common stock held in treasury	0	0	0	0	(50,406)	0	(50,406)	0	(50,406)
Balance at period end at Dec. 31, 2024	$ 13,361	$ 1,210	$ 1,306,245	$ 955,500	$ (212,062)	$ (35,292)	$ 2,028,962	$ 0	$ 2,028,962

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated Condensed Statements of Equity [Abstract]
Issuance of stock and related tax withholdings for vested restricted stock units (in shares)	419,252	276,130	201,039
Dividends declared (in dollars per share)	$ 0.4	$ 0.4	$ 0.4
Repurchase of common stock held in treasury (in shares)	2,397,714	3,295,308	4,240,573

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Vishay Intertechnology, Inc. (“Vishay” or the “Company”) manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, military, aerospace, medical, power supplies, telecommunications, consumer products, and computing end markets. Semiconductors include MOSFETs, diodes, and optoelectronic components. Passive components include resistors, inductors, and capacitors. Note 1 – Summary of Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ significantly from those estimates. Principles of Consolidation The consolidated financial statements include the accounts of Vishay and all of its subsidiaries in which a controlling financial interest is maintained. For those consolidated subsidiaries in which the Company’s ownership is less than 100 percent, the outside stockholders’ interests are shown as noncontrolling interests in the accompanying consolidated balance sheets. Investments in affiliates over which the Company has significant influence but not a controlling interest are carried on the equity basis. Investments in affiliates over which the Company does not have significant influence are accounted for by the cost method. All intercompany transactions, accounts, and profits are eliminated. Revenue Recognition The Company recognizes revenue from contracts with customers when it satisfies the performance obligations within the contract. The Company has framework agreements with many of its customers that contain the terms and conditions of future sales, but do not create enforceable rights or obligations. For revenue recognition purposes, the Company considers the combined purchase orders and the terms and conditions contained within such framework agreements to be contracts. Payment terms for the Company's sales are generally less than ninety days. Substantially all of the Company's receivables historically have been and are expected to continue to be collected within twelve months of the transfer of products to the customer and the Company expects this to continue going forward. Accordingly, the Company does not recognize a financing component of the transaction price. Revenue is measured based on the consideration specified in contracts with customers, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies its performance obligations. The Company analyzes its contracts to determine whether the promise in the contract to construct and transfer goods to the customer is a performance obligation that will be satisfied over time or at a point in time. When the Company's performance does not create an asset with an alternative use to the Company and the Company has an enforceable right to payment for performance completed to date, the Company transfers control of a good or service over time and, therefore, satisfies a performance obligation and recognizes revenue over time. The Company has a limited number of contracts for custom products that meet the criteria to recognize revenue over time. The Company's contracts contain two performance obligations: delivery of products and warranty protection. The Company does not sell separate, enhanced, or extended warranty coverage, but through its customary business practices, the Company has created implied service-type warranties, which are accounted for as separate performance obligations. Revenue is allocated between these two performance obligations and recognized as the obligations are satisfied. The allocation of revenue to warranty protection is based on an estimate of expected cost plus margin. The delivery of products performance obligation is satisfied and product sales revenue is recognized when the customer takes control of the products. Warranty revenue is deferred and the warranty protection performance obligation is satisfied and revenue is recognized over the warranty period, which is typically less than twenty four months from sale to end customer. The warranty deferred revenue liability is recorded within Other Accrued Expenses and Other Liabilities on the accompanying consolidated balance sheets. The deferred revenue balance associated with the service-type warranty performance obligations and the components that comprise the change in the deferred revenue balance are not significant. The Company has a broad line of products that it sells to original equipment manufacturers ("OEMs"), electronic manufacturing services ("EMS") companies, which manufacture for OEMs on an outsourcing basis, and independent distributors that maintain large inventories of electronic components for resale to OEMs and EMS companies. Note 1 – Summary of Significant Accounting Policies (continued) The Company recognizes revenue on sales to distributors when the distributor takes control of the products ("sold-to" model). The Company has agreements with distributors that allow distributors a limited credit for unsaleable products, which it terms a "scrap allowance." Consistent with industry practice, the Company also has a "stock, ship and debit" program whereby it considers requests by distributors for credits on previously purchased products that remain in distributors' inventory, to enable the distributors to offer more competitive pricing. In addition, the Company has contractual arrangements whereby it provides distributors with protection against price reductions initiated by the Company after product is sold by the Company to the distributor and prior to resale by the distributor. The Company recognizes the estimated variable consideration to be received as revenue and records a related accrued expense for the consideration not expected to be received, based upon its estimate of product returns, scrap allowances, "stock, ship and debit" credits, and price protection credits that will be attributable to sales recorded through the end of the period. The Company makes these estimates based upon sales levels to its distributors during the period, inventory levels at the distributors, current and projected market conditions, and historical experience under the programs. The Company utilizes a number of different methodologies and considers several factors when estimating the accruals. Some of the factors considered include sales levels to distributors during the relevant period, inventory levels at the distributors, current and projected market trends and conditions, recent and historical activity under the relevant programs, changes in program policies, and open requests for credits. These procedures require the exercise of significant judgments. The Company believes that it has a reasonable basis to estimate future credits under the programs. See sales returns and allowances accrual activity in Note 9. The Company pays commissions to external sales representatives on a per-sale basis. Accordingly, these commissions are expensed as incurred because the future amortization period of the asset that the Company otherwise would have recognized is one year or less. Internal staff are not paid commissions. The Company has elected to account for shipping and handling as activities to fulfill the promise to transfer the product even if the shipping and handling activities are performed after the customer obtains control. The Company does not evaluate whether shipping and handling activities are promised services to its customers. If control transfers and revenue is recognized for the related products before the shipping and handling activities occur, the related costs of those shipping and handling activities is accrued. The Company applies this accounting policy election consistently to similar types of transactions. See disaggregated revenue information in Note 15 Research and Development Expenses Research and development costs are expensed as incurred. The amount charged to expense for research and development (exclusive of purchased in-process research and development) aggregated $120,126, $99,506, and $81,182, for the years ended December 31, 2024, 2023, and 2022, respectively. The Company spends additional amounts for the development of machinery and equipment for new processes and for cost reduction measures. Income Taxes The provision for income taxes is determined using the asset and liability approach of accounting for income taxes. Under this approach, deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The provision for income taxes represents income taxes paid or payable for the current year plus the change in deferred taxes during the year. Deferred taxes result from differences between the financial and tax bases of the Company’s assets and liabilities and are adjusted for changes in tax rates and tax laws when changes are enacted. Valuation allowances have been established for deferred tax assets which the Company believes do not meet GAAP criteria of “more likely than not” to be realized. This criterion requires a level of judgment regarding future taxable income, which may be revised due to changes in market conditions, tax laws, or other factors. If the Company’s assumptions and estimates change in the future, valuation allowances established may be increased, resulting in increased tax expense. Conversely, if the Company is ultimately able to utilize all or a portion of the deferred tax assets for which a valuation allowance has been established, then the related portion of the valuation allowance can be released, resulting in decreased tax expense. The Company and its subsidiaries are subject to income taxes in the U.S. and numerous foreign jurisdictions. Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. The Company establishes reserves for tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves are established when the Company believes that certain positions might be challenged despite the Company’s belief that its tax return positions are fully supportable. The Company adjusts these reserves in light of changing facts and circumstances and the provision for income taxes includes the impact of reserve provisions and changes to reserves that are considered appropriate. These accruals for tax-related uncertainties are based on management’s best estimate of potential tax exposures. When particular matters arise, a number of years may elapse before such matters are audited by tax authorities and finally resolved. Favorable resolution of such matters could be recognized as a reduction to the Company’s effective tax rate in the year of resolution. Unfavorable resolution of any particular issue could increase the effective tax rate and may require the use of cash in the year of resolution. The amount included in current liabilities on the accompanying consolidated balance sheets reflect only amounts expected to be settled in cash within one year. See Note 5. Note 1 – Summary of Significant Accounting Policies (continued) Cash, Cash Equivalents, and Short-Term Investments Cash and cash equivalents includes demand deposits and highly liquid investments with maturities of three months or less when purchased. Highly liquid investments with original maturities greater than three months, but less than one year are classified as short-term investments. At December 31, 2024 and 2023, the Company’s short-term investments were comprised of time deposits with financial institutions whose original maturity exceeds three months, but less than one year. Allowance for Credit Losses The Company estimates its credit losses on financial instruments using a current expected credit loss model. The Company maintains an allowance for accounts receivable credit losses resulting from the inability of its customers to make required payments. $(214), $ , and $ for the years ended , , and , respectively. The Company’s cash equivalents, short-term investments, and restricted investments are accounted for as held-to-maturity debt instruments, at amortized cost. Interest income on these instruments is recorded as "Other income" on the consolidated statements of operations and interest receivable is recognized as a separate asset and recorded in "Prepaid expenses and other current assets" on the consolidated balance sheets. The Company has not experienced a credit loss on the principal or interest receivable of its cash equivalents, short-term investments, or restricted investments. The Company pools its cash equivalents, short-term investments, and restricted investments by credit rating of the issuing financial institution and estimates an allowance for credit losses based on the corporate bond default ratios, evaluation of the impact of current and projected economic conditions, and probability of credit loss. Net credit loss expense for cash equivalents, short-term investments, and restricted investments was immaterial for the years ended December 31, 2024, 2023, and 2022. The Company does not measure an allowance for credit losses on interest receivable. Any uncollectible interest receivable is recognized by reversing interest income within the fiscal quarter that the interest becomes uncollectible. Inventories Inventories are stated at the lower of cost, determined by the first-in, first-out method, or net realizable value. Inventories are adjusted for estimated obsolescence and written down to net realizable value based upon estimates of future demand, technology developments, and market conditions. Property and Equipment Property and equipment is carried at cost and is depreciated principally by the straight-line method based upon the estimated useful lives of the assets. Machinery and equipment are being depreciated over useful lives of seven years to ten years. Buildings and building improvements are being depreciated over useful lives of twenty years to . Construction in progress is not depreciated until the assets are placed in service. The estimated cost to complete construction in progress at was approximately $ . Included in the estimated cost to complete the Itzehoe, Germany 12-inch wafer fab and the Newport wafer fab expansion construction projects are certain costs for which there are currently no contractual commitments to complete Depreciation expense was $ , $ , and $ for the years ended , 2023, and , respectively. Gains and losses on the disposal of assets which do not qualify for presentation as discontinued operations are included in the determination of operating margin (within selling, general, and administrative expenses). Individually material gains and losses on disposal are separately disclosed in the notes to the consolidated financial statements. Commitments and Contingencies The Company has commitments for the purchase of assets to complete its construction in progress as disclosed above. The commitment period for substantially all of these purchase commitments is less than one year. The Company expects to have noncancellable purchase commitments with commitment periods in excess of one year associated with its significant facility expansion programs as the programs progress. As of December 31, 2024, there are no material noncancellable commitments associated with these programs. Note 1 – Summary of Significant Accounting Policies (continued) Liabilities for loss contingencies, including environmental remediation costs, arising from claims, assessments, litigation, fines, penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment and/or remediation can be reasonably estimated. The costs for a specific environmental remediation site are discounted if the aggregate amount of the obligation and the amount and timing of the cash payments for that site are fixed or reliably determinable based upon information derived from the remediation plan for that site. Accrued liabilities for environmental matters recorded at December 31, 2024 and 2023 do not include claims against third parties. Goodwill and Other Intangible Assets Goodwill represents the excess of the cost of a business acquired over the fair value of the related net assets at the date of acquisition. Certain intangible assets may be assigned indefinite useful lives. Goodwill and indefinite-lived intangible assets are not amortized but rather are tested for impairment at least annually. The Company performs its annual goodwill impairment tests as of the first day of the fourth fiscal quarter. These tests are performed more frequently whenever events or changes in circumstances indicate that the assets might be impaired (see Note 19). The Company's business segments (see Note 15) represent its reporting units for goodwill impairment testing purposes. At December 31, 2024 and 2023, respectively, the Company has no recorded indefinite-lived intangible assets. Definite-lived intangible assets are amortized over their estimated useful lives. Patents and acquired technology are being amortized over useful lives of seven years to twenty-five years. Capitalized software is amortized over periods of three years to ten years, primarily included in "Costs of products sold" on the consolidated statements of operations. Customer relationships are amortized over useful lives of five years to twenty years. Noncompete agreements are amortized over periods of three years to ten years. The Company continually evaluates the reasonableness of the useful lives of these assets. GAAP prescribes a quantitative method for determining goodwill impairment. The Company has the option of performing a qualitative assessment before performing the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of the reporting unit is not more likely than not less than the carrying amount, the quantitative impairment test is not required. If it is determined that the fair value of the reporting unit is more likely than not less than the carrying amount, the quantitative impairment test is required. The Company determines the fair value of the reporting unit and compares that fair value to the net book value of the reporting unit. The fair value of the reporting unit is determined using various valuation techniques, including a comparable companies market multiple approach and a discounted cash flow analysis (an income approach). If the net book value of the reporting unit were to exceed the fair value, the Company would recognize an impairment charge. Impairment of Long-Lived Assets The carrying value of long-lived assets held-and-used, other than goodwill and indefinite-lived intangible assets, is evaluated when events or changes in circumstances indicate the carrying value may not be recoverable or the useful life has changed. The carrying value of a long-lived asset group is considered impaired when the total projected undiscounted cash flows from such asset group are separately identifiable and are less than the carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset group. Fair market value is determined primarily using present value techniques based on projected cash flows from the asset group. Losses on long-lived assets held-for-sale, other than goodwill and indefinite-lived intangible assets, are determined in a similar manner, except that fair market values are reduced for anticipated disposal costs. Available-for-Sale Securities Short-term investments and other assets reported on the accompanying consolidated balance sheets include time deposits with financial institutions whose original maturity exceeds three months, but less than one year that are classified as held-to-maturity instruments, and investments in marketable securities that are classified as available-for-sale instruments. The available-for-sale instruments include assets that are held in trust related to the Company’s non-qualified pension and deferred compensation plans (see Note 11) and assets that are intended to fund a portion of the Company’s other postretirement benefit obligations outside of the U.S. These assets are reported at fair value, based on quoted market prices as of the end of the reporting period. Unrealized gains and losses are reported as "Other income (expense)" on the consolidated statements of operations. At the time of sale, the assets that are held in trust related to the Company’s non-qualified pension and deferred compensation plans, any gains (losses) calculated by the specific identification method are recognized as a reduction (increase) to benefits expense, within "Selling, general, and administrative expenses" on the consolidated statements of operations. Financial Instruments The Company uses financial instruments in the normal course of its business, including from time to time, derivative financial instruments. Additionally, from time to time, the Company enters into contracts that are not considered derivative financial instruments in their entirety, but that include embedded derivative features. Other financial instruments include cash and cash equivalents, held-to-maturity short-term investments, accounts receivable, and notes payable. The carrying amounts of these financial instruments reported on the accompanying consolidated balance sheets approximate their fair values due to the short-term nature of these assets and liabilities. Note 1 – Summary of Significant Accounting Policies (continued) The fair value measurement accounting guidance establishes a valuation hierarchy of the inputs used to measure fair value. This hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs that reflect the Company’s own assumptions. An asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. Stock-Based Compensation Compensation costs related to stock-based payment transactions are recognized in the consolidated financial statements. The amount of compensation cost is measured based on the grant-date fair value of the equity (or liability) instruments issued. The Company determines compensation cost for restricted stock units ("RSUs") and phantom stock units based on the grant-date fair value of the underlying common stock adjusted for expected dividends paid over the required vesting period for non-participating awards. Compensation cost is recognized over the period that an officer, employee, or non-employee director is required to provide service in exchange for the award. For RSUs with market conditions, the Company estimates the grant date fair value using a Monte Carlo valuation model and recognizes the expense for the awards over the period in which the condition is assessed regardless of whether the market condition is ultimately achieved. For awards subject to graded vesting, the Company recognizes expense over the service period for each separately vesting portion of the award as if the award was, in-substance, multiple awards. The Company recognizes compensation cost for RSUs that are expected to vest and records cumulative adjustments in the period that the expectation changes. Foreign Currency Translation The Company has significant operations outside of the United States. The Company finances most of its operations in Europe and certain locations in Asia in local currencies, and accordingly, these subsidiaries utilize the local currency as their functional currency. The Company’s operations in Israel, the United Kingdom, and most significant locations in Asia are largely financed in U.S. dollars, and accordingly, these subsidiaries utilize the U.S. dollar as their functional currency. For those subsidiaries where the local currency is the functional currency, assets and liabilities on the accompanying consolidated balance sheets have been translated at the rate of exchange as of the balance sheet date. Translation adjustments do not impact the consolidated results of operations and are reported as a separate component of stockholders’ equity. Revenues and expenses are translated at the average exchange rate for the year. While the translation of revenues and expenses into U.S. dollars does not directly impact the statement of operations, the translation effectively increases or decreases the U.S. dollar equivalent of revenues generated and expenses incurred in those foreign currencies. For those foreign subsidiaries where the U.S. dollar is the functional currency, all foreign currency financial statement amounts are remeasured into U.S. dollars. Exchange gains and losses arising from remeasurement of foreign currency-denominated monetary assets and liabilities are included in the consolidated results of operations. Treasury Stock The Company records treasury stock at cost, inclusive of fees, commissions and other expenses, when outstanding common shares are repurchased. Self-Insurance Programs The Company uses a combination of insurance and self-insurance mechanisms to provide for the potential liabilities for workers’ compensation, general liability, property damage, director and officers’ liability, and vehicle liability. As part of its self-insurance program for certain risks, the Company created a wholly-owned captive insurance entity in 2007. At December 31, 2024, the captive insurance entity provides only property and general liability insurance, although it is licensed to also provide directors’ and officers’ insurance. The captive insurance entity had no amounts accrued for outstanding claims at December 31, 2024 and 2023. Certain investments held by the captive insurance entity are restricted primarily for the purpose of potential insurance claims. Such amounts are recorded in other noncurrent assets, and total $12,001 and $10,571 at December 31, 2024 and 2023, respectively, representing required statutory reserves of the captive insurance entity. Note 1 – Summary of Significant Accounting Policies (continued) Leases The Company leases buildings and machinery and equipment used for manufacturing and/or sales and administrative purposes. The Company is also party to various service, warehousing, and other agreements that it evaluates for potential embedded leases. Substantially all of the Company’s leases are structured and classified as operating leases. The Company leases assets in each region in which it operates. The Company’s leases are generally denominated in the currency of the leased assets' location, which may not be the functional currency of the subsidiary lessee. Accordingly, the Company remeasures its lease liability and recognizes a transactional gain/loss for leases denominated in currencies other than the functional currency of the subsidiary lessee. The Company recognizes right of use assets and lease liabilities for leases greater than twelve months in duration based on the contract consideration for lease components through the term of the lease and the applicable discount rate. Leases with a duration less than or equal to twelve months are considered short-term leases. The Company does not recognize right of use assets or lease liabilities for short-term leases and classifies the expense as short-term lease expense. Variable lease payments based on an index or rate are included in the right of use assets and lease liabilities based on the effective rates at lease commencement. Changes in the rates or indices do not impact the right of use asset or lease liability and are recognized as a component of lease expense in the consolidated statements of operations. Variable lease payments not based on an index or rate are not included in the initial right of use asset and lease liability and are recognized when incurred as a component of lease expense in the consolidated statements of operations. The Company has elected to not separate contract consideration for lease and non-lease components for its building leases. In addition to the noncancellable period of a lease, the Company includes periods covered by extension options it is reasonably certain to exercise, termination options that it is reasonably certain not to exercise, and extension and termination options controlled by the lessor in its determination of the lease term. The Company uses the rate implicit in the contract whenever possible when determining the applicable discount rate. When the implicit rate is not used, the Company employs a portfolio approach based on the duration of the lease. The portfolio lease rates are calculated monthly. No individual lease is considered significant and there are no leases that have not yet commenced that are considered significant. See Note 4 for additional information. Restructuring and Severance Costs Restructuring and severance costs reflect charges resulting from cost reduction programs implemented by the Company. Restructuring and severance costs include exit costs, severance benefits pursuant to an on-going arrangement, voluntary termination compensation under a defined program, and any related pension curtailment and settlement charges. The Company recognizes expense for one-time benefits only after management has committed to a plan, the plan is sufficiently detailed to provide the number, classification, and location of employees to be terminated as well as the expected completion date, the plan has been sufficiently communicated to employees such that they are able to determine the type and amount of benefits they will receive if terminated, and it is unlikely that the plan will be significantly changed or withdrawn. If an employee is not required to render service beyond a minimum retention period, the Company recognizes expense once the aforementioned criteria have been met. If an employee is required to render service beyond a minimum retention period, the Company recognizes expense over the period that the employee is required to render future service. The Company recognizes expense for on-going benefit arrangements when the liability is reasonably estimable and considered probable. The Company recognizes expense for voluntary separation / early retirement when the employee delivers an irrevocable voluntary termination notice pursuant to a defined Company program. The Company recognizes other exit costs as incurred. See Note 3 for additional information. Note 1 – Summary of Significant Accounting Policies (continued) Recent Accounting Pronouncements Accounting Guidance Recently Adopted In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures Recent Accounting Guidance Not Yet Adopted Improvements to Income Tax Disclosures Disaggregation of Income Statement Expenses Reclassifications Certain prior year amounts have been reclassified to conform with current year presentation. Such reclassifications had no effect on reported net earnings attributable to Vishay stockholders, total assets, stockholders' equity, or cash flows.

Acquisition and Divestiture Act

Acquisition and Divestiture Activities	12 Months Ended
	Dec. 31, 2024
Acquisition Activities [Abstract]
Acquisition and Divestiture Activities	Note 2 - Acquisition and Divestiture Activities As part of its growth strategy, the Company seeks to expand through targeted acquisitions of other manufacturers of electronic components. These acquisition targets include businesses that have established positions in major markets, reputations for product quality and reliability, and product lines with which the Company has substantial marketing and technical expertise. It also includes certain businesses that possess technologies which the Company expects to further develop and commercialize. Year ended December 31, 2024 Newport wafer fab On March 5, 2024, the Company acquired Nexperia’s wafer fabrication facility and operations located in Newport, South Wales, U.K. for $177,457 in cash, net of cash acquired. The wafer fabrication facility is located on 28 acres and is an automotive-certified, 200mm semiconductor wafer fab with capacity to produce more than 30,000 wafers per month. The transaction included contingent payments of $15,000, held in escrow pending receipt of an export license. As of December 31, 2024, the contingency was resolved. The transaction was funded by Vishay with cash on-hand. To effect the transaction, Vishay acquired a 100% interest in the legal entity Neptune 6 Limited, and its wholly-owned operating subsidiary, Nexperia Newport Limited, which owns and operates the Newport facility. Neptune 6 Limited was renamed "Vishay UK Holdings Limited," and Nexperia Newport Limited was renamed "Vishay Newport Limited." Based on an estimate of fair values, the Company allocated the purchase price of the acquisition as follows: Net working deficit (excluding cash and cash equivalents) $ (339 ) Property and equipment 148,109 Customer relationships 4,000 Other, net 1,315 Deferred taxes, net (7,869 ) Total identified assets and liabilities 145,216 Purchase price, net of cash acquired 177,457 Goodwill $ 32,241 The acquired assets and liabilities, including goodwill, are included in the MOSFETs segment. The weighted average useful lives for customer relationships is 3 years. The goodwill associated with this transaction is not deductible for income tax purposes. See Note 19 for information on goodwill impairment testing. The Company recognized $2,984 of acquisition costs classified as a component of selling, general, and administrative expenses. These costs were recognized in the third and fourth fiscal quarters of 2023 and first fiscal quarter of 2024. The results and operations of this acquisition have been included in the MOSFETs segment since March 5, 2024. The inclusion of this acquisition did not have material impact on the Company's consolidated results. Ametherm, Inc. On , the Company acquired all of the outstanding equity interests of , a Carson City, Nevada-based manufacturer of inrush current limiting solutions and power thermistors, for $ in cash, net of cash acquired. Based on an estimate of fair values, the Company allocated $ of the purchase price to definite-lived intangible assets. After allocating the purchase price to assets acquired and liabilities assumed based on an estimation of their fair values at the date of acquisition, the Company recorded goodwill of $ related to this acquisition. The goodwill related to this acquisition is included in the Resistors reporting unit for goodwill impairment testing. The results and operations of this acquisition have been included in the Resistors segment since June 5, 2024. Note 2 - Acquisition and Divestiture Activities (continued) Birkelbach Kondensatortechnik GmbH On December 17, 2024 the Company acquired Birkelbach Kondensatortechnik GmbH and certain related assets ("Birkelbach") for $ 15,839 Year ended December 31, 2023 On June 30, 2023, the Company acquired substantially all of the assets of Centerline Technologies, LLC, a Massachusetts-based, privately held manufacturer of ceramic components used in many custom parts manufactured by certain of Vishay's Resistors businesses, for $5,003. Based on an estimate of fair values, the Company allocated $1,500 of the purchase price to definite-lived intangible assets. After allocating the purchase price to the assets acquired and liabilities assumed based on an estimation of their fair values at the date of acquisition, the Company recorded goodwill of $2,213 related to this acquisition. The acquired business will be vertically integrated into the Company's Resistors segment, and the goodwill related to this acquisition is included in the Resistors reporting unit for goodwill impairment testing. The results and operations of this acquisition have been included in the Resistors segment since June 30, 2023. Year ended December 31, 2022 On October 28, 2022, the Company acquired all of the outstanding equity interests of MaxPower Semiconductor, Inc., a San Jose, California-based fabless power semiconductor provider dedicated to delivering innovative and cost-effective technologies that optimize power management solutions. The acquisition of MaxPower will enhance Vishay's current and future silicon carbide ("SiC") offerings for fast-growing markets such as electric vehicles. The Company paid cash of $50,000, net of cash acquired, at closing. The transaction also included possible contingent payments of up to $57,500, which would be payable upon the achievement of certain technology milestones, upon favorable resolution of certain technology licensing matters with a third party, and upon the disposition of MaxPower's investment in an equity affiliate. The purchase price for U.S. GAAP purposes includes the fair value, as of the acquisition date, of certain future contingent payments to non-employee equity holders of MaxPower. The estimated fair value of this contingent consideration as of the acquisition date was $6,851. The contingent consideration liability is included in other accrued expenses and other liabilities in the accompanying balance sheet and is remeasured each reporting period, with changes reported as "Selling, general, and administrative expenses" on the consolidated statements of operations. A portion of contingent payments to be made to employee equity holders are deemed compensatory in nature. Such payments made to employee equity holders have been or will be, in future periods, recognized as expense, and thus are not included in the U.S. GAAP purchase price. One of the contingencies was resolved in the fourth quarter of 2023, which resulted in no additional payments to the former employees and stockholders of MaxPower. Additionally, $2,500 has been paid upon the achievement of the first technology milestone. The Company's estimate of the maximum possible total contingent payments is $17,500. See Note 18 for further discussion on the fair value measurement of the contingent consideration liability. Based on an estimate of their fair values, the Company allocated $18,600 of the purchase price to definite-lived intangible assets. After allocating the purchase price to the assets acquired and liabilities assumed based on an estimation of their fair values at the date of acquisition, the Company recorded goodwill of $34,246 related to this acquisition. The results and operation of this acquisition have been included in the MOSFETs segment since October 28, 2022. The goodwill related to this acquisition is included in the MOSFETs reporting unit for goodwill impairment testing.

Restructuring and Related Activ

Restructuring and Related Activities	12 Months Ended
	Dec. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities	Note 3 – Restructuring and Related Activities In September 2024, the Company announced the implementation of restructuring actions designed to optimize the Company’s manufacturing footprint and streamline business decision making. The restructuring actions will be implemented in phases and include: ● Selling, general, and administrative functions will be streamlined through the fourth fiscal quarter of 2025. ● The closure of three manufacturing facilities. A Diodes segment back-end facility in Shanghai, China is expected to be closed by the end of 2026 with production transfers completed in phases beginning in the fourth quarter of 2025. In addition, two small facilities in the Resistors segment in Fichtelberg, Germany, and in Milwaukee, Wisconsin, are expected to be closed in 2026. ● Various changes in manufacturing operations and production transfers. The following table summarizes the activity to date related to this program: Expense recorded in 2024 $ 40,614 Cash paid (8,734 ) Foreign currency translation (1,292 ) Balance at December 31, 2024 $ 30,588 Severance payment terms vary by country, but generally are paid in a lump sum at cessation of employment. Some payments are made over an extended period. The current portion of the liability is $ 16,070 and is included in other accrued expenses in the accompanying consolidated balance sheet. The non-current portion of the liability is $ and is included in other liabilities in the accompanying consolidated balance sheet.

Leases

Leases	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leases	Note 4 – Leases The net right of use assets and lease liabilities recognized on the consolidated balance sheets for the Company's operating leases as of December 31, 2024 and 2023 are presented below: December 31, 2024 December 31, 2023 Right of use assets Operating Leases Buildings and improvements $ 112,528 $ 121,578 Machinery and equipment 5,425 5,251 Total $ 117,953 $ 126,829 Current lease liabilities Operating Leases Buildings and improvements $ 22,993 $ 23,647 Machinery and equipment 2,908 2,838 Total $ 25,901 $ 26,485 Long-term lease liabilities Operating Leases Buildings and improvements $ 91,772 $ 100,489 Machinery and equipment 2,446 2,341 Total $ 94,218 $ 102,830 Total lease liabilities $ 120,119 $ 129,315 Lease expense is classified in the statements of operations based on asset use. Total lease cost recognized on the consolidated statements of operations is as follows: Years ended December 31, 2024 2023 2022 Lease expense Operating lease expense $ 29,787 $ 27,909 $ 25,606 Short-term lease expense 964 988 971 Variable lease expense 581 566 365 Total lease expense $ 31,332 $ 29,463 $ 26,942 The Company paid $29,744, $28,164, and $24,074 for its operating leases during the years ended December 31, 2024, 2023, and 2022, respectively, which are included in operating cash flows on the consolidated statements of cash flows. The weighted-average remaining lease term for the Company's operating leases is 8.7 years and the weighted-average discount rate is 6.6% as of December 31, 2024. The undiscounted future lease payments for the Company's operating lease liabilities are as follows: 2025 $ 26,681 2026 22,803 2027 19,266 2028 15,724 2029 13,690 Thereafter 60,925 The undiscounted future lease payments presented in the table above include payments through the term of the lease, which may include periods beyond the noncancellable term. The difference between the total payments above and the lease liability balance is due to the discount rate used to calculate lease liabilities.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Income Taxes	Note 5 – Income Taxes Changes in Tax Laws and Regulations United States On December 22, 2017, the Tax Cuts and Jobs Act (the "TCJA") was enacted in the United States. Under previous law, companies could indefinitely defer U.S. income taxation on unremitted foreign earnings. The TCJA imposed a one-time transition tax on deferred foreign earnings, payable in defined increments over eight years. Installments of $37,622 were paid in 2024, $27,670 were paid in 2023, and $14,757 in each of 2022, 2021, 2020, 2019, and 2018. The Company expects to pay the final installment payment of $47,027 in 2025. The U.S. Internal Revenue Service continues to issue regulations to address the provisions of the TCJA. The Company has elected to account for Global Intangible Low-Taxed Income ("GILTI") tax in the period in which it is incurred and, therefore, does not provide any deferred taxes in the consolidated financial statements at December 31, 2024, 2023, or 2022. Changes in Indefinite Reversal Assertion The Company made the determination during the fourth fiscal quarter of 2021 that substantially all unremitted foreign earnings in Israel were no longer indefinitely reinvested. The Company repatriated $81,243 to the United States in 2022 pursuant to this repatriation program. The Company paid withholding taxes, foreign taxes, and Israeli clawback taxes of $25,201 due to the repatriation. The Company made the determination during the fourth fiscal quarter of 2022 that substantially all unremitted earnings in Germany were no longer indefinitely reinvested. Additional tax expense was recorded during the fourth fiscal quarter of 2022 to accrue the $59,642 of withholding taxes necessary to distribute these approximately $360,000 of accumulated earnings to the United States. These changes in this indefinite reinvestment assertion provide greater access to the Company's worldwide cash balances to fund its growth plan and its Stockholder Return Policy. While the change in assertion provides access to these balances, these amounts will be repatriated only as needed. The withholding taxes associated with any distribution to the United States is payable upon distribution. During the fourth fiscal quarter of 2023, the Company repatriated $325,000 of accumulated earnings to the United States and paid withholding taxes, in Germany and Israel, of $63,600. The Company repatriated $120,000 of accumulated earnings to the United States in the second fiscal quarter of 2024 and paid withholding taxes, in Israel, of $15,000. At December 31, 2024, approximately $204,407 of German earnings and approximately $310,945 of Israeli earnings are deemed not indefinitely reinvested. The aggregate tax liability recorded for unremitted earnings at December 31, 2024 is approximately $77,000, which includes amounts accrued subsequent to the changes in indefinite reinvestment determinations described above. There are amounts of unremitted foreign earnings in countries other than Israel and Germany, which continue to be reinvested indefinitely, and the Company has made no provision for incremental foreign income taxes and withholding taxes payable to foreign jurisdictions related to these amounts. Determination of the amount of the unrecognized deferred foreign tax liability for these amounts is not practicable because of the complexities associated with its hypothetical calculation. Income before taxes consists of the following components: Years ended December 31, 2024 2023 2022 Domestic $ (172,519 ) $ 67,938 $ 132,426 Foreign 170,130 399,464 461,079 $ (2,389 ) $ 467,402 $ 593,505 Significant components of income taxes are as follows: Years ended December 31, 2024 2023 2022 Current: Federal $ 1,936 $ 14,594 $ 24,423 State and local 407 1,769 3,313 Foreign 63,537 152,343 121,810 65,880 168,706 149,546 Deferred: Federal (24,492 ) (4,871 ) (40,136 ) State and local (788 ) (3,651 ) 532 Foreign (13,234 ) (18,295 ) 53,080 (38,514 ) (26,817 ) 13,476 Total income tax expense $ 27,366 $ 141,889 $ 163,022 Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows: December 31, 2024 2023 Deferred tax assets: Pension and other retiree obligations $ 27,779 $ 29,400 Inventories 26,004 23,836 Net operating loss carryforwards 74,244 81,497 Tax credit carryforwards 67,192 54,363 Research and development costs 25,582 17,829 Interest 23,886 20,039 Other accruals and reserves 36,232 25,179 Total gross deferred tax assets 280,919 252,143 Less valuation allowance (92,876 ) (99,663 ) 188,043 152,480 Deferred tax liabilities: Property and equipment (20,032 ) (9,429 ) Tax deductible goodwill (7,889 ) (7,040 ) Intangibles other than goodwill (8,937 ) (6,327 ) Earnings not indefinitely reinvested (78,977 ) (88,004 ) Other - net (8,802 ) (62 ) Total gross deferred tax liabilities (124,637 ) (110,862 ) Net deferred tax assets $ 63,406 $ 41,618 The Company makes significant judgments regarding the realizability of its deferred tax assets (principally net operating losses and tax credits). The carrying value of deferred tax assets is based on the Company’s assessment that it is more likely than not that the Company will realize these assets after consideration of all available positive and negative evidence. A reconciliation of income tax expense at the U.S. federal statutory income tax rate to actual income tax provision is as follows: Years ended December 31, 2024 2023 2022 Tax at statutory rate $ (502 ) $ 98,154 $ 124,636 State income taxes, net of U.S. federal tax benefit (301 ) (1,487 ) 3,038 Effect of foreign operations (962 ) 9,260 13,422 Impairment of goodwill 13,962 - - Tax on earnings not indefinitely reinvested 9,016 37,061 71,141 Change in valuation allowance on deferred tax assets - (1,770 ) (58,696 ) Foreign income taxable in the U.S. 16,571 11,829 14,925 Foreign tax credit (11,506 ) (29,997 ) (20,408 ) U.S. Base Erosion Anti-Abuse Tax 1,063 16,837 20,918 Other 25 2,002 (5,954 ) Total income tax expense $ 27,366 $ 141,889 $ 163,022 Vishay operates in a global environment with significant operations in various locations outside the United States. Accordingly, the consolidated income tax rate is a composite rate reflecting our earnings and the applicable tax rates in the various locations where we operate. Part of Vishay's historical strategy has been to achieve cost savings through the transfer and expansion of manufacturing operations to countries where it can take advantage of lower labor costs. With the reduction in the U.S. statutory rate to 21% beginning January 1, 2018, Vishay expects that its effective tax rate will be higher than the U.S. statutory rate, excluding unusual transactions. Income tax expense for the year ended December 31, 2022 includes certain discrete tax items for changes in uncertain tax positions, valuation allowances, tax rates, and other related items. These items total $20,032 in 2022. There were no unusual tax items for the years ended December 31, 2024 and 2023. For the year ended December 31, 2022, the discrete items include tax expense of $59,642 due to the Company's change in its assertion that earnings of its subsidiaries in Germany are indefinitely reinvested, tax benefits of $5,941 for changes in uncertain tax positions following the resolution of a tax audit and a $33,669 tax benefit recognized upon the release of a valuation allowance. At December 31, 2024, the Company had the following significant net operating loss carryforwards for tax purposes: Expires Belgium $ 144,966 No expiration Israel 3,576 No expiration Italy 8,356 No expiration Japan 3,592 2025 2033 Netherlands 9,452 No expiration The Republic of China (Taiwan) 7,676 2027 2028 United Kingdom 76,940 No expiration California 15,841 2028 2037 Pennsylvania 497,048 2025 2044 Arizona 15,999 2032 2044 At December 31, 2024, the Company had the following significant tax credit carryforwards available: Expires U.S. Foreign Tax Credit $ 42,425 2028 2034 California Research Credit 22,822 No expiration Net income taxes paid were $136,784, $224,232, and $134,199 for the years ended December 31, 2024, 2023, and 2022, respectively. Net income taxes paid for the years ended December 31, 2024 and 2023 include withholding taxes for repatriation activity. Net income taxes paid for the years ended December 31, 2024, 2023, and 2022 also includes $37,622, $27,670, and $14,757, respectively, for the TCJA transition tax. The following table summarizes changes in the liabilities associated with unrecognized tax benefits: Years ended December 31, 2024 2023 2022 Balance at beginning of year $ 12,857 $ 18,429 $ 26,719 Addition based on tax positions related to the current year 922 1,210 - Addition based on tax positions related to prior years 19,905 5,455 3,197 Currency translation adjustments (185 ) 230 (366 ) Reduction for settlements - (10,000 ) (9,420 ) Reduction for lapses of statute of limitation (999 ) (2,467 ) (1,701 ) Balance at end of year $ 32,500 $ 12,857 $ 18,429 In 2024, the Company recorded a deferred tax asset and offsetting liability for unrecognized tax benefits related to an acquired net operating loss carryover. All of the unrecognized tax benefits of $32,500 and $12,857, as of December 31, 2024 and 2023, respectively, would reduce the effective tax rate if recognized. The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense. At December 31, 2024 and 2023, the Company had accrued interest and penalties related to the unrecognized tax benefits of $1,564 and $1,947, respectively. During the years ended December 31, 2024, 2023, and 2022, the Company recognized $303, $821, and $376, respectively, in interest and penalties. The Company and its subsidiaries file U.S. federal income tax returns, as well as tax returns in multiple states and foreign jurisdictions. During the years ended December 31, 2024, 2023, and 2022, certain tax examinations were concluded and certain statutes of limitations lapsed. The tax provision for those years includes adjustments related to the resolution of these matters, as reflected in the table above. During 2023, the Company settled an examination of its U.S. federal income tax returns for the years ended December 31, 2017 through 2019. The federal income tax returns for the years 2021 through 2023 remain subject to examination. The tax returns of significant non-U.S. subsidiaries currently under examination are located in the following jurisdictions: Israel (2021), Germany (2017 through 2021), India (2004 through 2021), and Philippines (2017 through 2023). The Company and its subsidiaries also file income tax returns in other taxing jurisdictions in the U.S. and around the world, many of which are still open to examination. The timing of the resolution of income tax examinations is highly uncertain, as are the amounts and timing of tax payments that result from such examinations. These events could cause large fluctuations in the balance sheet classification of current and non-current unrecognized tax benefits. The Company believes that in the next 12 months it is reasonably possible that certain income tax examinations will conclude or the statutes of limitation on certain income tax periods open to examination will expire, or both. Given the uncertainties described above, the Company can only determine an estimate of potential decreases in unrecognized tax benefits ranging from $8,634 to $8,744.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2024
Long-Term Debt [Abstract]
Long-Term Debt	Note 6 – Long-Term Debt Long-term debt consists of the following: December 31, 2024 December 31, 2023 Credit Facility $ 136,000 $ - Convertible senior notes, due 2025 41,911 95,102 Convertible senior notes, due 2030 750,000 750,000 Deferred financing costs (22,892 ) (26,914 ) 905,019 818,188 Less current portion - - $ 905,019 $ 818,188 Credit Facility The Company maintains a credit agreement with a consortium of banks led by JPMorgan Chase Bank, N.A., as administrative agent, and the lenders (the "Credit Facility"). In May 2023 of revolving loans available until . The Credit Facility also provides for the ability of Vishay to request up to $ of incremental facilities, subject to the satisfaction of certain conditions, which could take the form of additional revolving commitments, incremental “term loan A” or “term loan B” facilities, or incremental equivalent debt. U.S. Dollar borrowings under the Credit Facility bear interest at Secured Overnight Financing Rate ("SOFR") plus a credit spread and an interest margin. The applicable interest margin is based on the Company's total leverage ratio. Based on the Company's current total leverage ratio, borrowings bear interest at SOFR plus , including the applicable credit spread. The Company also pays a commitment fee, also based on its total leverage ratio, on undrawn amounts. The undrawn commitment fee, based on the Company's total current leverage ratio, is per annum. The Credit Facility requires the maintenance of financial covenant ratios. For compliance purposes, pursuant to the Credit Facility, the leverage ratio is computed on a net basis, reducing the measure of outstanding debt by up to $250,000 of unrestricted cash. The Company must maintain a net leverage ratio of at least 3.25 to 1.00. On August 15, 2024, the Company entered into an amendment to the Credit Facility that redefined the Interest Coverage Ratio to remove Capital Expenditures from the calculation and increased the minimum Interest Coverage Ratio to 3.25 to 1.00, among other changes. Borrowings under the Credit Facility are secured by a lien on substantially all assets, including accounts receivable, inventory, machinery and equipment, and general intangibles (but excluding real estate, intellectual property registered or licensed solely for use in, or arising solely under the laws of, any country other than the United States, assets located solely outside of the United States and deposit and securities accounts), of the Company and certain significant subsidiaries located in the United States, and pledges of stock in certain significant domestic and foreign subsidiaries; and are guaranteed by certain significant subsidiaries. The Credit Facility limits or restricts the Company and its subsidiaries, from, among other things, incurring indebtedness, incurring liens on its respective assets, making investments and acquisitions (assuming the Company’s pro forma net leverage ratio is greater than to 1.00), making asset sales, and paying cash dividends and making other restricted payments (assuming the Company's pro forma net leverage ratio is greater than to 1.00), and requires the Company to comply with other covenants. The Credit Facility also contains customary events of default, including, but not limited to, failure to pay principal or interest, failure to pay or default under other material debt, material misrepresentation or breach of warranty, violation of certain covenants, a change of control, the commencement of bankruptcy proceedings, the insolvency of the Company or certain of its significant subsidiaries, and the rendering of a judgment in excess of $50,000 against the Company or its subsidiaries. Upon the occurrence of an event of default under the Credit Facility, the Company's obligations under the credit facility may be accelerated and the lending commitments under the credit facility may be terminated. At December 31, 2024 there was $467,245 accessible under the Credit Facility at the current EBITDA level. At December 31, 2023, there was $748,578 available under the Credit Facility. Letters of credit totaling $2,062 and $1,422 were outstanding at December 31, 2024 and 2023, respectively. Convertible Debt Instruments The following table summarizes some key facts and terms regarding the outstanding convertible senior notes as of December 31, 2024: Due 2025 Due 2030 Issuance date June 12, 2018 September 12, 2023 Maturity date June 15, 2025 September 15, 2030 Principal amount $ 41,911 $ 750,000 Cash coupon rate (per annum) 2.25 % 2.25% Conversion rate effective December 3, 2024 (per $1 principal amount) 32.2205 33.1609 Effective conversion price effective December 3, 2024 (per share) $ 31.04 $ 30.16 130% of the conversion price (per share) $ 40.35 $ 39.21 Convertible Senior Notes due 2030 In September 2023, the Company issued $750,000 aggregate principal amount of 2.25% convertible senior notes due 2030 (the “2030 Notes”) to qualified institutional buyers pursuant to an exemption from registration provided by Rule 144A under the Securities Act. The Company used the net proceeds from this offering to repurchase $370,242 principal amount of its outstanding 2.25% convertible senior notes due 2025 (the “2025 Notes”) (as further described below), to reduce the outstanding balance of its Credit Facility, to enter into capped call transactions (as further described below), and for other general corporate purposes. The 2030 Notes bear interest at a rate of 2.25% per year payable semi-annually in arrears on March 15 and September 15 of each year, beginning March 15, 2024. The 2030 Notes mature on September 15, 2030, unless earlier repurchased or converted. The 2030 Notes are convertible into shares of Vishay common stock at an initial conversion rate of 33.1609 shares of common stock per $1 principal amount of the notes, subject to adjustment. This initial conversion price represents a premium of 20% to the closing price of Vishay's common stock on September 7, 2023, which was $25.13 per share. This represents an initial effective conversion price of approximately $30.16 per share. The conversion rate of the 2030 Notes is not adjusted for quarterly cash dividends equal to or less than $0.10 per share of common stock. Pursuant to the indenture governing the 2030 Notes, the Company is required to satisfy its conversion obligations by paying cash equal to the principal amount of notes and settle any additional value in cash and/or shares at its discretion. Vishay must provide additional shares upon conversion if there is a "fundamental change" in the business as defined in the indenture governing the notes. The Company may not redeem the 2030 Notes prior to September 20, 2027. The Company may redeem for cash all or part of the 2030 Notes, at its option, on or after September 20, 2027, if the sale price of Vishay’s common stock has been at least 130% of the conversion price for a specified period at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest. If the Company elects to redeem fewer than all of the outstanding 2030 Notes, at least $100,000 aggregate principal amount of 2030 Notes must be outstanding and not subject to redemption. Prior to March 15, 2030, the holders of the 2030 Notes may convert their notes only under the following conditions: (1) the sale price of Vishay common stock reaches 130% of the applicable conversion price for a specified period; (2) the trading price of the notes falls below 98% of the product of the last reported sale price of Vishay’s common stock and the conversion rate for a specified period; (3) the Company calls any or all of the 2030 Notes for redemption; or (4) upon the occurrence of specified corporate transactions. Capped Call Transactions In September 2023, in connection with the pricing and initial purchasers’ exercise in full of their option to purchase additional 2030 Notes, the Company entered into separate base and additional privately negotiated capped call transactions with an affiliate of an initial purchaser and certain other financial institutions. The capped call will initially cover, subject to customary anti-dilution adjustments, the aggregate number of shares of the Company’s common stock that initially underlie the 2030 Notes. The Company used $94,200 of the net proceeds from the 2030 Notes to pay the cost of the capped call transactions. The cap price of the capped call will initially be $43.98 per share, which represents a premium of approximately 75% over the last reported sale price of the Company’s common stock on September 7, 2023, and is subject to certain adjustments under the terms of the capped call. The capped call transactions are separate transactions entered into by the Company with each of the capped call counterparties, are not part of the terms of the 2030 Notes, and do not affect any holder’s rights under the 2030 Notes. Holders of the 2030 Notes do not have any rights with respect to the capped call. The capped call is classified within stockholders’ equity on the consolidated balance sheet. Note 6 – Long-Term Debt (continued) Convertible Senior Notes due 2025 The Company used $386,745 of the net proceeds from the 2023 offering of the 2030 Notes to repurchase $370,242 principal amount of its outstanding 2025 Notes. As a result, the Company recognized a loss on early extinguishment of the 2025 Notes of $18,874, including the write-off of a portion of unamortized debt issuance costs. The Company repurchased $53,191 principal amount of its remaining outstanding 2025 Notes in 2024. The gain on early extinguishment was not material. Prior to December 15, 2024, the convertible senior notes due 2025 were contingently convertible. The convertible senior notes due 2025 became convertible on December 15, 2024 and will remain convertible until maturity. Upon maturity or conversion of the convertible senior notes due 2025, Vishay will satisfy its obligations by paying $1 cash per $1 principal amount maturing or converted and settle any additional amounts due in common stock. The quarterly cash dividend program of the Company results in adjustments to the conversion rate and effective conversion price for the convertible senior notes due 2025 effective as of the ex-dividend date of each cash dividend. The conversion rate and effective conversion price for the convertible senior notes due 2025 is adjusted for quarterly cash dividends to the extent such dividends exceed $0.085 per share of common stock. As the Company has the intent and ability to refinance its convertible senior notes due 2025 upon maturity using its revolving credit facility, the 2025 Notes remain classified as long-term liabilities. Other Borrowings Information The Credit Facility, of which $136,000 was drawn as of December 31, 2024, expires in 2028. The convertible senior notes mature in 2025 and 2030, respectively. At December 31, 2024 and 2023, the Company had committed and uncommitted credit lines with various foreign banks aggregating approximately $32,000 and $34,000, respectively, with substantially no amounts borrowed. Interest paid was $21,732, $17,242, and $13,739 for the years ended December 31, 2024, 2023, and 2022, respectively. Deferred financing costs are recognized as non-cash interest expense. See Note 18 for further discussion on the fair value of the Company’s long-term debt.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2024
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 7 – Stockholders’ Equity The Company’s Class B common stock carries 10 votes per share while the common stock carries 1 vote per share. Class B shares are transferable only to certain permitted transferees while the common stock is freely transferable. Class B shares are convertible on a one-for-one basis at any time into shares of common stock. Transfers of Class B shares other than to permitted transferees result in the automatic conversion of the Class B shares into common stock. The Board of Directors may only declare dividends or other distributions with respect to the common stock or the Class B common stock if it grants such dividends or distributions in the same amount per share with respect to the other class of stock. Stock dividends or distributions on any class of stock are payable only in shares of stock of that class. Shares of either common stock or Class B common stock cannot be split, divided, or combined unless the other is also split, divided, or combined equally. Cash dividends were paid quarterly in 2024 and 2023. The Credit Facility also allows an unlimited amount of defined "Restricted Payments," which include cash dividends and share repurchases, provided the Company's pro forma net leverage ratio is equal to or less than 2.50 to 1.00. If the Company's pro forma net leverage ratio is greater than 2.50 to 1.00, the Credit Facility allows such payments up to $100,000 per annum (subject to a cap of $300,000 for the term of the facility, with up to $25,000 of any unused amount of the $100,000 per annum base available for use in the next succeeding calendar year). At December 31, 2024, the Company had reserved shares of common stock for future issuance as follows: Restricted stock units outstanding, assuming performance-based awards at maximum 3,003,000 Phantom stock units outstanding 128,000 2023 Long-Term Incentive Plan - available to grant 3,530,000 Convertible senior notes, due 2025 1,350,394 Convertible senior notes, due 2030 24,870,675 Conversion of Class B common stock 12,097,148 Total 44,979,217 In 2022, the Company's Board of Directors adopted a Stockholder Return Policy that will remain in effect until such time as the Board votes to amend or rescind the policy. The Stockholder Return Policy calls for the Company to return a prescribed amount of cash flows on an annual basis. The Company intends to return such amounts directly, in the form of dividends, or indirectly, in the form of stock repurchases. The following table summarizes activity pursuant to this policy: Years ended December 31, 2024 2023 Dividends paid to stockholders $ 54,672 $ 55,626 Stock repurchases 50,406 78,684 Total $ 105,078 $ 134,310 The repurchased shares are being held as treasury stock. The number of shares of common stock being held as treasury stock was 9,933,595 and 7,535,881 as of December 31, 2024 and 2023, respectively.

Other Income (Expense)

Other Income (Expense)	12 Months Ended
	Dec. 31, 2024
Details of Expenses [Abstract]
Details of Expenses	Note 8 – Details of Expenses The caption “Other” on the accompanying consolidated statements of operations consists of the following: Years ended December 31, 2024 2023 2022 Foreign exchange gain $ 774 $ 677 $ 5,690 Interest income 25,479 31,353 7,560 Other components of periodic pension expense (7,899 ) (8,730 ) (11,090 ) Investment income (expense) (519 ) 1,347 (6,812 ) Other 1,629 616 (200 ) $ 19,464 $ 25,263 $ (4,852 ) Impact of the COVID-19 Pandemic The Company's operations were impacted by the "COVID-19" pandemic, particularly in 2020 and again in 2022 when operations in the People's Republic of China were impacted by government-mandated shut-downs. The Company incurred incremental costs separable from normal operations that are directly related to the pandemic containment efforts, primarily wages paid to manufacturing employees during government-mandated shut-downs, additional wages and hardship allowances for working during lockdown periods, additional costs of cleaning and disinfecting facilities, costs of additional safety equipment for employees, and temporary housing for employees due to travel restrictions, which were partially offset by government subsidies. Since 2021, certain costs directly attributable to the pandemic, such as additional costs of cleaning and disinfecting facilities and costs of additional safety equipment for employees, are no longer incremental and are considered normal operating costs. The net impact of the costs and subsidies are reported as "Cost of products sold" of $6,661 and "Selling, general, and administrative expenses" of $546 based on employee function on the consolidated statement of operations for the year ended December 31, 2022.

Other Accrued Expenses

Other Accrued Expenses	12 Months Ended
	Dec. 31, 2024
Other Accrued Expenses [Abstract]
Other Accrued Expenses	Note 9 – Other Accrued Expenses Other accrued expenses consist of the following: December 31, 2024 2023 Sales returns and allowances $ 43,445 $ 47,760 Goods received, not yet invoiced 40,577 44,657 Accrued VAT taxes payable 43,861 56,218 Other 136,588 90,715 $ 264,471 $ 239,350 Sales returns and allowances accrual activity is shown below: Years Ended December 31, 2024 2023 2022 Beginning balance $ 47,760 $ 46,979 $ 39,759 Sales returns and allowances 88,775 101,696 102,640 Credits issued (92,438 ) (101,324 ) (94,682 ) Foreign currency (652 ) 409 (738 ) Ending balance $ 43,445 $ 47,760 $ 46,979

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 10 – Accumulated Other Comprehensive Income (Loss) The cumulative balance of each component of other comprehensive income (loss) and the income tax effects allocated to each component are as follows: Pension and other post- retirement actuarial items Currency translation adjustment Total Balance at January 1, 2022 $ (58,908 ) $ 38,656 $ (20,252 ) Other comprehensive income before reclassifications 60,949 (41,885 ) $ 19,064 Tax effect (15,783 ) - $ (15,783 ) Other comprehensive income before reclassifications, net of tax 45,166 (41,885 ) $ 3,281 Amounts reclassified out of AOCI 8,260 - $ 8,260 Tax effect (2,116 ) - $ (2,116 ) Amounts reclassified out of AOCI, net of tax 6,144 - $ 6,144 Net comprehensive income (loss) $ 51,310 $ (41,885 ) $ 9,425 Balance at December 31, 2022 $ (7,598 ) $ (3,229 ) $ (10,827 ) Other comprehensive income before reclassifications (10,338 ) 28,165 $ 17,827 Tax effect 2,462 - $ 2,462 Other comprehensive income before reclassifications, net of tax (7,876 ) 28,165 $ 20,289 Amounts reclassified out of AOCI 1,181 - $ 1,181 Tax effect (306 ) - $ (306 ) Amounts reclassified out of AOCI, net of tax 875 - $ 875 Net comprehensive income (loss) $ (7,001 ) $ 28,165 $ 21,164 Balance at December 31, 2023 $ (14,599 ) $ 24,936 $ 10,337 Other comprehensive income before reclassifications 4,062 (49,272 ) $ (45,210 ) Tax effect (1,794 ) - $ (1,794 ) Other comprehensive income before reclassifications, net of tax 2,268 (49,272 ) $ (47,004 ) Amounts reclassified out of AOCI 1,568 - $ 1,568 Tax effect (193 ) - $ (193 ) Amounts reclassified out of AOCI, net of tax 1,375 - $ 1,375 Net comprehensive income (loss) $ 3,643 $ (49,272 ) $ (45,629 ) Balance at December 31, 2024 $ (10,956 ) $ (24,336 ) $ (35,292 ) Other comprehensive income (loss) includes Vishay's proportionate share of other comprehensive income (loss) of nonconsolidated subsidiaries accounted for under the equity method.

Pensions and Other Postretireme

Pensions and Other Postretirement Benefits	12 Months Ended
	Dec. 31, 2024
Pensions and Other Postretirement Benefits [Abstract]
Pensions and Other Postretirement Benefits	Note 11 – Pensions and Other Postretirement Benefits The Company maintains various retirement benefit plans. GAAP requires employers to recognize the funded status of a benefit plan, measured as the difference between plan assets at fair value and the benefit obligation, in its balance sheet. The recognition of the funded status on the balance sheet requires employers to recognize actuarial items (such as actuarial gains and losses, prior service costs, and transition obligations) as a component of other comprehensive income, net of tax. The following table summarizes amounts recorded on the accompanying consolidated balance sheets associated with these various retirement benefit plans: December 31, 2024 2023 Included in "Other assets": Non-U.S. pension plans $ 1,216 $ 3,929 Total included in other assets $ 1,216 $ 3,929 Included in "Payroll and related expenses": U.S. pension plans $ (880 ) $ (1,474 ) Non-U.S. pension plans (6,720 ) (7,149 ) U.S. other postretirement plans (520 ) (510 ) Non-U.S. other postretirement plans (799 ) (390 ) Total included in payroll and related expenses $ (8,919 ) $ (9,523 ) Accrued pension and other postretirement costs: U.S. pension plans $ (27,758 ) $ (29,217 ) Non-U.S. pension plans (125,719 ) (144,276 ) U.S. other postretirement plans (3,418 ) (3,750 ) Non-U.S. other postretirement plans (6,287 ) (7,173 ) Other retirement obligations (10,518 ) (11,087 ) Total accrued pension and other postretirement costs $ (173,700 ) $ (195,503 ) Accumulated other comprehensive loss: U.S. pension plans $ 11 $ (522 ) Non-U.S. pension plans 18,861 24,891 U.S. other postretirement plans (1,329 ) (1,527 ) Non-U.S. other postretirement plans 1,158 1,488 Total accumulated other comprehensive loss* $ 18,701 $ 24,330 * - Amounts included in accumulated other comprehensive loss are presented in this table pre-tax Defined Benefit Pension Plans U.S. Pension Plans The Company maintained several defined benefit pension plans which covered most full-time U.S. employees. These included pension plans which are “qualified” under the Employee Retirement Income Security Act of 1974 (“ERISA”) and the Internal Revenue Code, and “non-qualified” pension plans which provide defined benefits primarily to U.S. employees whose benefits under the qualified pension plan would be limited by ERISA and the Internal Revenue Code. The Company’s principal qualified U.S. pension plan (the Vishay Retirement Plan) was frozen effective January 1, 2009 and terminated in 2016. The Company’s principal non-qualified U.S. pension plan (the Vishay Non-qualified Retirement Plan) was a contributory pension plan designed to provide similar defined benefits to covered U.S. employees whose benefits under the Vishay Retirement Plan were limited by the Internal Revenue Code. The Vishay Non-qualified Retirement Plan was similar in construction to the Vishay Retirement Plan, except that the plan is not qualified under the Internal Revenue Code. The Vishay Non-qualified Retirement Plan, like all non-qualified plans, is considered to be unfunded. The Company maintains a non-qualified trust, referred to as a “rabbi” trust, to fund benefit payments under this plan. Rabbi trust assets are subject to creditor claims under certain conditions and are not the property of employees. Therefore, they are accounted for as other noncurrent assets. Assets held in trust related to the non-qualified pension plan were $19,842 and $21,095 at December 31, 2024 and 2023, respectively. In 2008, the Company adopted amendments to the Vishay Non-Qualified Retirement Plan such that effective January 1, 2009, the plan was frozen. Pursuant to these amendments, no new employees may participate in the plans, no further participant contributions were required or permitted, and no further benefits shall accrue after December 31, 2008. Benefits accumulated as of December 31, 2008 will be paid to employees upon or following retirement, and the Company will likely need to make additional cash contributions to the rabbi trust to fund this accumulated benefit obligation. The Company also maintains other pension plans which provide supplemental defined benefits primarily to former U.S. employees whose benefits under qualified pension plans were limited by the Internal Revenue Code. These non-qualified plans are all non-contributory plans, and are considered to be unfunded. In 2004, the Company entered into an employment agreement with Dr. Felix Zandman, its former Executive Chairman and then-Chief Executive Officer. Pursuant to this agreement, the Company is providing an annual retirement benefit of approximately $614 to his surviving spouse. The Company maintains a non-qualified trust, referred to as a “rabbi” trust, to fund benefit payments under this plan. Rabbi trust assets are subject to creditor claims under certain conditions and are not the property of employees. Therefore, they are accounted for as other noncurrent assets. Assets held in trust related to this non-qualified pension plan were $1,065 and $445 at December 31, 2024 and 2023, respectively. Non-U.S. Pension Plans The Company provides pension and similar benefits to employees of certain non-U.S. subsidiaries consistent with local practices. Pension benefits earned are generally based on years of service and compensation during active employment. The following table sets forth a reconciliation of the benefit obligation, plan assets, and funded status related to U.S. and non-U.S. pension plans: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Change in benefit obligation: Benefit obligation at beginning of year $ 30,691 $ 210,783 $ 37,221 $ 203,541 Service cost - 3,121 - 3,063 Interest cost 1,525 6,698 1,997 7,346 Plan amendments - 44 - (15 ) Actuarial (gains) losses (425 ) 1,719 (272 ) 8,835 Benefits paid (3,153 ) (14,508 ) (8,255 ) (17,160 ) Curtailments and settlements - (98 ) - (27 ) Currency translation - (12,068 ) - 5,200 Benefit obligation at end of year $ 28,638 $ 195,691 $ 30,691 $ 210,783 Change in plan assets: Fair value of plan assets at beginning of year $ - $ 63,287 $ - $ 65,620 Actual return on plan assets - 5,504 - 1,976 Company contributions 3,153 13,311 8,255 12,161 Benefits paid (3,153 ) (14,509 ) (8,255 ) (17,160 ) Currency translation - (3,125 ) - 690 Fair value of plan assets at end of year $ - $ 64,468 $ - $ 63,287 Funded status at end of year $ (28,638 ) $ (131,223 ) $ (30,691 ) $ (147,496 ) The plan assets are stated at fair value. See Note 18 for further discussion of the valuation of the plan assets. Amounts recognized in the accompanying consolidated balance sheets consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Other assets $ - $ 1,216 $ - $ 3,929 Accrued benefit liability - current (880 ) (6,720 ) (1,474 ) (7,149 ) Accrued benefit liability - non-current (27,758 ) (125,719 ) (29,217 ) (144,276 ) Accumulated other comprehensive loss 11 18,861 (522 ) 24,891 $ (28,627 ) $ (112,362 ) $ (31,213 ) $ (122,605 ) Actuarial items consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Unrecognized net actuarial (gain) loss $ 11 $ 18,161 $ (588 ) $ 24,094 Unamortized prior service cost - 700 66 797 $ 11 $ 18,861 $ (522 ) $ 24,891 The following table sets forth additional information regarding the projected and accumulated benefit obligations: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Accumulated benefit obligation, all plans $ 28,638 $ 180,542 $ 30,691 $ 194,361 Plans for which the accumulated benefit obligation exceeds plan assets: Projected benefit obligation $ 28,638 $ 129,686 $ 30,691 $ 146,898 Accumulated benefit obligation 28,638 128,182 30,691 144,213 Fair value of plan assets - - - 3,032 The following table sets forth the components of net periodic pension cost: Years ended December 31, 2024 2023 2022 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Service cost $ - $ 3,121 $ - $ 3,063 $ - $ 4,199 Interest cost 1,525 6,698 1,997 7,346 1,122 3,200 Expected return on plan assets - (2,347 ) - (2,270 ) - (1,725 ) Amortization of actuarial (gains) losses (1,026 ) 1,799 175 345 1,523 4,760 Amortization of prior service cost 66 597 144 195 144 216 Curtailment and settlement losses - 290 - 546 - 1,190 Net periodic pension cost $ 565 $ 10,158 $ 2,316 $ 9,225 $ 2,789 $ 11,840 See Note 10 for the pretax, tax effect and after tax amounts included in other comprehensive income during the years ended December 31, 2024, 2023, and 2022. The estimated actuarial items for the defined benefit pensions plans that will be amortized from accumulated other comprehensive loss into net periodic pension cost during 2025 are not material. The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years: 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.50 % 3.43 % 5.25 % 3.36 % Rate of compensation increase 0.00 % 3.37 % 0.00 % 3.12 % The following weighted average assumptions were used to determine the net periodic pension costs: Years ended December 31, 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.25 % 3.36 % 5.50 % 3.57 % Rate of compensation increase 0.00 % 3.12 % 0.00 % 2.60 % Expected return on plan assets 0.00 % 3.41 % 0.00 % 4.11 % The plans’ expected return on assets is based on management’s expectations of long-term average rates of return to be achieved by the underlying investment portfolios. In establishing this assumption, management considers historical and expected returns for the asset classes in which the plans are invested, advice from pension consultants and investment advisors, and current economic and capital market conditions. The investment mix between equity securities and fixed income securities is based upon achieving a desired return, balancing higher return, more volatile equity securities, and lower return, less volatile fixed income securities and is adjusted for the expected duration of the obligation and the funded status of the plan. Investment allocations are made across a range of securities, maturities and credit quality. The Company’s non-U.S. defined benefit plan investments are based on local laws and customs. Most plans invest in cash and local government fixed income securities, although plans in certain countries have investments in equity securities. The plans do not invest in securities of Vishay or its subsidiaries. Negative investment returns could ultimately affect the funded status of the plans, requiring additional cash contributions. See Note 18 for further information on the fair value of the plan assets by asset category. Estimated future benefit payments are as follows: U.S. Plans Non-U.S. Plans 2025 $ 3,377 $ 15,486 2026 1,985 16,191 2027 1,973 13,770 2028 8,343 14,012 2029 3,099 14,799 2030-2035 8,990 68,871 The Company’s anticipated 2025 contributions for defined benefit pension plans will approximate the expected benefit payments disclosed above. Other Postretirement Benefits In the U.S., the Company maintains unfunded non-pension postretirement plans, including medical benefits for certain executives and their surviving spouses, which are funded as costs are incurred. The Company also maintains two unfunded non-pension postretirement plans at two European subsidiaries. The following table sets forth a reconciliation of the benefit obligation, plan assets, and accrued benefit cost related to U.S. and non-U.S. non-pension defined benefit postretirement plans: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Change in benefit obligation: Benefit obligation at beginning of year $ 4,260 $ 7,563 $ 4,328 $ 6,715 Service cost 21 241 21 221 Interest cost 210 245 225 251 Actuarial (gains) losses (43 ) (169 ) 183 801 Benefits paid (510 ) (344 ) (497 ) (681 ) Currency translation - (450 ) - 256 Benefit obligation at end of year $ 3,938 $ 7,086 $ 4,260 $ 7,563 Fair value of plan assets at end of year $ - $ - $ - $ - Funded status at end of year $ (3,938 ) $ (7,086 ) $ (4,260 ) $ (7,563 ) Amounts recognized in the accompanying consolidated balance sheets consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Accrued benefit liability - current $ (520 ) $ (799 ) $ (510 ) $ (390 ) Accrued benefit liability - non-current (3,418 ) (6,287 ) (3,750 ) (7,173 ) Accumulated other comprehensive (income) loss (1,329 ) 1,158 (1,527 ) 1,488 $ (5,267 ) $ (5,928 ) $ (5,787 ) $ (6,075 ) Actuarial items consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Unrecognized net actuarial loss (gain) $ (1,329 ) $ 1,158 $ (1,527 ) $ 1,488 $ (1,329 ) $ 1,158 $ (1,527 ) $ 1,488 The following table sets forth the components of net periodic benefit cost: Years ended December 31, 2024 2023 2022 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Service cost $ 21 $ 241 $ 21 $ 221 $ 39 $ 237 Interest cost 210 245 225 251 178 55 Amortization of actuarial (gains) losses (240 ) 82 (321 ) 8 342 85 Curtailment and settlement losses - - - 89 - - Net periodic benefit cost (benefit) $ (9 ) $ 568 $ (75 ) $ 569 $ 559 $ 377 The estimated actuarial items for the other postretirement benefit plans that will be amortized from accumulated other comprehensive loss into net periodic benefit cost during 2025 are not material. The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years: 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.50 % 3.25 % 5.25 % 3.40 % Rate of compensation increase 0.00 % 3.50 % 0.00 % 4.00 % The following weighted average assumptions were used to determine the net periodic benefit costs: Years ended December 31, 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.25 % 3.40 % 5.50 % 3.86 % Rate of compensation increase 0.00 % 4.00 % 0.00 % 4.19 % The impact of a one-percentage-point change in assumed health care cost trend rates on the net periodic benefit cost and postretirement benefit obligation is not material. Estimated future benefit payments are as follows: U.S. Plans Non-U.S. Plans 2025 $ 520 $ 799 2026 491 188 2027 449 1,409 2028 434 623 2029 401 474 2030-2035 1,461 4,802 As the plans are unfunded, the Company’s anticipated contributions for 2025 are equal to its estimated benefits payments. Other Retirement Obligations The Company participates in various other defined contribution and government-mandated retirement plans based on local law or custom. The Company periodically makes required contributions for certain of these plans, whereas other plans are unfunded retirement bonus plans which will be paid at the employee's retirement date. At December 31, 2024 and 2023, the accompanying consolidated balance sheets include $10,518 and $11,087, respectively, within accrued pension and other postretirement costs related to these plans. The Company’s U.S. employees are eligible to participate in a 401(k) savings plan, which provides for Company matching contributions. The Company’s matching expense for the plans was $7,915, $7,641, and $7,083 for the years ended December 31, 2024, 2023, and 2022, respectively. No material amounts are included in the accompanying consolidated balance sheets at December 31, 2024 and 2023 related to unfunded 401(k) contributions. Certain key employees participate in a deferred compensation plan. During the years ended December 31, 2024, 2023, and 2022, these employees could defer a portion of their compensation until retirement, or elect shorter deferral periods. The Company maintains a liability within other noncurrent liabilities on its consolidated balance sheets related to these deferrals. The Company maintains a non-qualified trust, referred to as a “rabbi” trust, to fund payments under this plan. Rabbi trust assets are subject to creditor claims under certain conditions and are not the property of employees. Therefore, they are accounted for as other noncurrent assets. Assets held in trust related to the deferred compensation plan at December 31, 2024 and 2023 were approximately $32,601 and $28,838, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2024
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 12 – Stock-Based Compensation 2023 Long-Term Incentive Plan The Company implemented the Vishay Intertechnology, Inc. 2023 Long-Term Incentive Plan (the "2023 Plan") after receiving stockholder approval at its 2023 Annual Meeting of Stockholders on May 23, 2023. The 2023 Plan allows the Company to grant up to 6,000,000 shares (subject to certain adjustments described in the 2023 Plan) of stock options, stock appreciation rights, restricted stock, restricted stock units, other stock-based awards, phantom stock units, and other cash-based awards to employees, directors, consultants, and other service providers of the Company and its affiliates. Such instruments are available for grant until March 24, 2033. At December 31, 2024, the Company has reserved 3,530,000 shares of common stock for future grants of equity awards pursuant to the 2023 Plan. 2007 Stock Incentive Program Under the Company's 2007 Stock Incentive Program (the "2007 Program"), as amended and restated, certain executive officers and board members of the Company were granted restricted stock units. No further awards will be granted pursuant to the 2007 Program. Pursuant to the terms of the 2023 Plan, any shares of common stock that are subject to outstanding awards granted pursuant to the 2007 Program that subsequently cease to be subject to such awards as a result of the termination, expiration, cancellation, or forfeiture of such awards and any shares of common stock withheld in settlement of tax withholding obligations associated with outstanding awards granted pursuant to the 2007 Program may become available for issuance under the 2023 Plan. All RSUs granted pursuant to the 2007 Program and the 2023 Plan contain service vesting conditions. Certain RSUs also contain performance or market vesting conditions. The Company recognizes compensation cost for RSUs that are expected to vest and records cumulative adjustments in the period that the expectation changes. The following table summarizes share-based compensation expense recognized: Years ended December 31, 2024 2023 2022 Restricted stock units $ 20,803 $ 16,425 $ 6,323 Phantom stock units 118 107 222 Total $ 20,921 $ 16,532 $ 6,545 The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at December 31, 2024 (amortization periods in years) Unrecognized Compensation Cost Weighted Average Remaining Amortization Periods Restricted stock units $ 25,410 2.2 Phantom stock units - - Total $ 25,410 The Company currently expects all of the unrecognized compensation cost presented in the table above to be recognized. Restricted Stock Units Each RSU entitles the recipient to receive a share of common stock when the RSU vests. RSU activity is presented below (number of RSUs in thousands) Years ended December 31, 2024 2023 2022 Number of RSUs Weighted Average Grant-date Fair Value Number of RSUs Weighted Average Grant-date Fair Value Number of RSUs Weighted Average Grant-date Fair Value Outstanding: Beginning of year 1,717 $ 23.03 894 $ 19.73 877 $ 20.08 Granted* 1,665 20.39 1,180 24.34 336 19.13 Vested** (613 ) 22.95 (342 ) 18.86 (306 ) 20.04 Cancelled or forfeited (141 ) 23.14 (15 ) 24.83 (13 ) 20.50 End of year 2,628 $ 21.37 1,717 $ 23.03 894 $ 19.73 Expected to vest 1,876 1,702 894 * Employees in certain countries are granted equity-linked awards that will be settled in cash and are accounted for as liability awards. The liability awards are not material. The number of RSUs granted excludes these awards. ** The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements. The number of performance-based RSUs that are scheduled to vest increases ratably based on the achievement of defined performance and market criteria between the established target and maximum levels. RSUs with performance-based and market-based vesting criteria are expected to vest as follows (number of RSUs in thousands) Vesting Date Expected to Vest Not Expected to Vest Total January 1, 2025*** 168 - 168 January 1, 2026 - 167 167 January 1, 2027 - 585 585 March 1, 2029 175 - 175 *** The performance vesting criteria for the performance-based RSUs with a vesting date of January 1, 2025 were achieved. RSUs, including those with performance-based and market-based vesting criteria, generally vest over three years, provided that vesting may accelerate in certain cases, such as in connection with a qualifying retirement or certain involuntary terminations of employment, with certain variation of criteria for executive officers and non-executive employees. Phantom Stock Units Each phantom stock unit entitles the recipient to receive a share of common stock at the individual's termination of employment or any other future date specified in the applicable employment agreement. Phantom stock units participate in dividend distribution on the same basis as the Company's common stock and Class B common stock. Dividend equivalents are issued in the form of additional units of phantom stock. The phantom stock units are fully vested at all times. The following table summarizes the Company’s phantom stock units activity (number of phantom stock units in thousands) Years ended December 31, 2024 2023 2022 Number of Phantom Stock Units Grant-date Fair Value per Unit Number of Phantom Stock Units Grant-date Fair Value per Unit Number of Phantom Stock Units Grant-date Fair Value per Unit Outstanding: Beginning of year 120 226 212 Granted 5 $ 23.51 5 $ 21.48 10 $ 22.20 Dividend equivalents issued 3 2 4 Redeemed for common stock* - (113 ) - End of year 128 120 226 * The number of phantom stock units redeemed for common stock includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 13 – Commitments and Contingencies Environmental Matters The Company is subject to various federal, state, local, and foreign laws and regulations governing environmental matters, including the use, discharge, and disposal of hazardous materials. The Company’s manufacturing facilities are believed to be in substantial compliance with current laws and regulations. Complying with current laws and regulations has not had a material adverse effect on the Company’s financial condition. The Company has engaged environmental consultants and attorneys to assist management in evaluating potential liabilities related to environmental matters. Management assesses the input from these consultants along with other information known to the Company in its effort to continually monitor these potential liabilities. Management assesses its environmental exposure on a site-by-site basis, including those sites where the Company has been named as a “potentially responsible party.” Such assessments include the Company’s share of remediation costs, information known to the Company concerning the size of the hazardous waste sites, their years of operation, and the number of past users and their financial viability. As of December 31, 2024, the Company has accrued environmental liabilities of $14,325, of which $4,897 is included in other accrued liabilities other noncurrent liabilities While the ultimate outcome of these matters cannot be determined, management does not believe that the final disposition of these matters will have a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows. The Company’s present and past facilities have been in operation for many years. These facilities have used substances and have generated and disposed of wastes which are or might be considered hazardous. Therefore, it is possible that additional environmental issues may arise in the future, which the Company cannot now predict. Litigation The Company is a party to various claims and lawsuits arising in the normal course of business. The Company is of the opinion that these litigations or claims will not have a material negative effect on its consolidated financial position, results of operations, or cash flows. Long-Term Purchase Agreements The Company maintains long-term purchase agreements with subcontractors, suppliers, and other business partners to ensure access to external capacity and supply. The Company has minimum purchase commitments pursuant to certain of its long-term arrangements with its subcontractors and other suppliers and business partners of $74,551, $8,295, $2,945 and for the years 2025 through 2027, respectively. The Company has the option to purchase amounts in addition to the minimum commitment and, accordingly, actual purchases may be different than the amounts disclosed above. The Company exceeded its minimum purchase commitments in 2024. Product Quality Claims The Company is a party to various product quality claims in the normal course of business. See Note 1 for further information on the Company's warranty obligations. Executive Employment Agreements The Company has employment agreements with certain of its senior executives. These employment agreements provide incremental compensation in the event of termination. The Company does not provide any severance or other benefits specifically upon a change in control.

Current Vulnerability Due to Ce

Current Vulnerability Due to Certain Concentrations	12 Months Ended
	Dec. 31, 2024
Current Vulnerability Due to Certain Concentrations [Abstract]
Current Vulnerability Due to Certain Concentrations	Note 14 – Current Vulnerability Due to Certain Concentrations Market Concentrations No customer represented greater than 10% of consolidated net revenue in 2024, 2023, or 2022. A material portion of the Company's revenues are derived from the worldwide industrial, automotive, telecommunications, and computing markets. These markets have historically experienced wide variations in demand for end products. If demand for these end products should decrease, the producers thereof could reduce their purchases of the Company's products, which could have an adverse effect on the Company's results of operations and financial position. Certain subsidiaries and product lines have customers which comprise greater than 10% of the subsidiary's or product line's net revenues. The loss of one of these customers could have a material effect on the results of operations of the subsidiary or product line and financial position of the subsidiary, which could result in an impairment charge which could be material to the Company's consolidated financial statements. Credit Risk Concentrations Financial instruments with potential credit risk consist principally of cash and cash equivalents, short-term investments, accounts receivable, and notes receivable. Concentrations of credit risk with respect to receivables are generally limited due to the Company’s large number of customers and their dispersion across many countries and industries. No customer comprised greater than 10% of the Company's accounts receivable balance as of December 31, 2024. As of December 31, 2023, one customer comprised 12.4% of the Company's accounts receivable balance. The Company continually monitors the credit risks associated with its accounts receivable and adjusts the allowance for uncollectible accounts accordingly. The credit risk exposure associated with the accounts receivable is limited by the allowance and is not considered material to the financial statements. The Company maintains cash and cash equivalents and short-term investments with various major financial institutions. The Company is exposed to credit risk related to the potential inability to access liquidity in financial institutions where its cash and cash equivalents and short-term investments are concentrated. As of December 31, 2024, the following financial institutions held over 10% of the Company’s combined cash and cash equivalents and short-term investments balance: JPMorgan* 23.3 % MUFG Bank Ltd.* 21.2 % Bank Leumi* 11.2 % HSBC* 11.0 % *Participant in Credit Facility Sources of Supplies The production and sale of the Company’s products is reliant on a complex global interconnected supply chain of vendors, manufacturing facilities, third-party foundries and subcontractors, shipping partners, distributors, and end market customers. Disruption in one part of the supply chain could cause disruption in all other parts of the supply chain. Global shipping impacts several parts of the supply chain and the disruption experienced in recent years has, at times, negatively impacted the Company’s ability to manufacture products and to deliver them to customers. Although most materials incorporated into the Company's products are available from a number of sources, certain materials, including plastics and metals, are produced in only a limited number of regions around the world or are available from only a limited number of suppliers. Suppliers periodically extend lead times, face capacity constraints, limit supplies, increase prices, experience quality issues, or encounter cybersecurity or other issues that can interrupt or increase the cost of our supply. The unavailability or reduced availability of these materials could require the Company to temporarily cease or reduce production or incur additional costs. Customer requirements and certain laws pertaining to the responsible sourcing of materials, including tantalum, tungsten, tin, gold, and cobalt, all of which are used in the Company’s products, are increasing and becoming more stringent. Responsible sourcing efforts may result in increased prices and decreased availability of these materials. Many of the metals used in the manufacture of the Company’s products, including gold, copper, and palladium, are traded on active markets and can be subject to significant price volatility. To ensure adequate supply and to provide cost certainty, the Company’s policy is to enter into short-term commitments to purchase defined portions of annual consumption of the raw materials utilized if market prices decline below budget. If after entering into these commitments, the market prices for these raw materials decline, losses are recognized on these adverse purchase commitments. The Company's production can be disrupted by the unavailability of resources, such as water, energy, and gases. The unavailability or reduced availability of these resources could require the Company to reduce production or incur additional costs. The Company uses third-party foundries and subcontractors for certain of its manufacturing activities, primarily wafer fabrication, the assembly and testing of finished goods, and the manufacturing of certain commodity products. Establishing third-party contract manufacturer relationships can be time consuming and costly, and the number of qualified providers is limited. The Company's agreements with these manufacturers typically require it to commit to purchase services based on forecasted product needs, which may be inaccurate, and, in some cases, require the recognition of losses on these adverse purchase commitments. The Company's agreements may limit its ability to increase production, particularly during periods of growing demand for our products. Geographic Concentration The Company has operations outside the United States, and approximately 74% of revenues earned during 2024 were derived from sales to customers outside the United States. Additionally, as of December 31, 2024, $589,445 of the Company’s cash and cash equivalents and short-term investments were held by subsidiaries outside of the United States. Some of the Company’s products are produced and cash and cash equivalents and short-term investments are held in countries which are subject to risks of political, economic, and military instability. This instability could result in wars, riots, nationalization of industry, currency fluctuations, and labor unrest. These conditions could have an adverse impact on the Company’s ability to operate in these regions and, depending on the extent and severity of these conditions, could materially and adversely affect the Company’s overall financial condition, operating results, and ability to access its liquidity when needed. As of December 31, 2024, the Company’s cash and cash equivalents and short-term investments were concentrated in the following countries: The Republic of China (Taiwan) 20.7 % Singapore 18.6 % People's Republic of China 17.1 % Israel 13.8 % United States 10.0 % Germany 8.4 % Other Asia 6.5 % Other Europe 3.3 % Other 1.6 % Certain of the Company's non-U.S. subsidiaries have cash and cash equivalents and short-term investments deposited in U.S. financial institutions. Of the 10.0% of cash and cash equivalents and short-term investments held in U.S. financial institutions, $48,450 was held by non-U.S. subsidiaries. Vishay has been in operation in Israel for 54 years. The Company has never experienced any material interruption in its operations attributable to these factors, in spite of several Middle East crises, including wars.

Segment and Geographic Data

Segment and Geographic Data	12 Months Ended
	Dec. 31, 2024
Segment and Geographic Data [Abstract]
Segment and Geographic Data	Note 15 – Segment and Geographic Data Vishay is a global manufacturer and supplier of electronic components. Vishay operates, and its chief operating decision maker makes strategic and operating decisions with regards to assessing performance and allocating resources based on, six reporting segments: MOSFETs, Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. These segments represent groupings of product lines based on their functionality: ● Metal oxide semiconductor field effect transistors ("MOSFETs") function as solid state switches to control power. ● Diodes route, regulate, and block radio frequency, analog, and power signals; protect systems from surges or electrostatic discharge damage; or provide electromagnetic interference filtering. ● Optoelectronic components emit light, detect light, or do both. ● Resistors are basic components used in all forms of electronic circuitry to adjust and regulate levels of voltage and current. ● Inductors use an internal magnetic field to change alternating current phase and resist alternating current. ● Capacitors store energy and discharge it when needed. Vishay's reporting segments generate substantially all of their revenue from product sales to the industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets. An immaterial portion of revenues are from royalties. The Company’s chief operating decision maker is its President and Chief Executive Officer. The chief operating decision maker uses both gross profit and operating income, exclusive of certain items ("segment operating income") to make decisions, allocate resources, and assess performance, and the Company thus considers segment gross profit and operating income to be its measures of segment profit or loss. Only dedicated, direct selling, general, and administrative expenses of the segments are included in the calculation of segment operating income. The Company's calculation of segment operating income excludes selling, general, and administrative costs of its global operations, sales and marketing, information systems, finance, and administration groups, as well as restructuring and severance costs, goodwill impairment charges, the direct impact of the COVID-19 pandemic, and other items affecting comparability. Management believes that evaluating segment performance excluding such items is meaningful because it provides insight with respect to intrinsic operating results of the Company. These items represent reconciling items between segment operating income and consolidated operating income. Business segment assets are the owned or allocated assets used by each business. Cost of products sold (excluding depreciation) is defined as the aggregate costs incurred in the production of goods for sale, excluding depreciation expense. Depreciation expense is defined as the aggregate expense recognized for the allocation of costs of tangible assets used in the production of goods to the periods that benefit from the use of the assets. It excludes depreciation expense attributed to selling, general, and administrative activities. Segment gross profit is calculated as net revenues determined based on the U.S. GAAP definition, minus costs of goods sold and depreciation expense, as defined above. Segment operating expenses is defined as the dedicated, direct selling, general, and administrative expenses, including research and development expenses attributed to the segment. The following tables set forth business segment information: MOSFETs Diodes Optoelectronic Components Resistors Inductors Capacitors Corporate / Other Total Year ended December 31, 2024: Net revenues $ 601,979 $ 581,975 $ 212,368 $ 725,614 $ 356,355 $ 459,296 $ - $ 2,937,587 Cost of products sold (excluding depreciation) $ 465,536 $ 414,893 $ 158,742 $ 524,808 $ 231,456 $ 330,460 $ - $ 2,125,895 Depreciation expense in cost of products sold 49,342 45,920 15,374 41,848 17,819 15,097 - 185,400 Total cost of products sold 514,878 460,813 174,116 566,656 249,275 345,557 - 2,311,295 Gross profit 87,101 121,162 38,252 158,958 107,080 113,739 - 626,292 Segment operating expenses $ 80,243 $ 25,281 $ 21,393 $ 33,217 $ 14,818 $ 23,469 $ - $ 198,421 Segment operating income $ 6,858 $ 95,881 $ 16,859 $ 125,741 $ 92,262 $ 90,270 $ - $ 427,871 Total depreciation expense $ 51,301 $ 47,099 $ 15,784 $ 42,568 $ 17,940 $ 15,293 $ 8,976 $ 198,961 Capital expenditures 224,998 29,534 10,451 30,301 6,339 13,609 4,847 320,079 Total assets as of December 31, 2024 $ 1,033,555 $ 724,603 $ 346,866 $ 958,985 $ 342,286 $ 430,871 $ 273,530 $ 4,110,696 Year ended December 31, 2023: Net revenues $ 778,754 $ 690,540 $ 243,146 $ 843,472 $ 347,392 $ 498,741 $ - $ 3,402,045 Cost of products sold (excluding depreciation) $ 485,086 $ 471,088 $ 164,791 $ 566,640 $ 220,090 $ 358,120 $ - $ 2,265,815 Depreciation expense in cost of products sold 34,282 43,831 16,129 38,404 14,888 14,203 - 161,737 Total cost of products sold 519,368 514,919 180,920 605,044 234,978 372,323 - 2,427,552 Gross profit 259,386 175,621 62,226 238,428 112,414 126,418 - 974,493 Segment operating expenses $ 63,593 $ 22,159 $ 19,263 $ 29,003 $ 12,730 $ 21,433 $ - $ 168,181 Segment operating income $ 195,793 $ 153,462 $ 42,963 $ 209,425 $ 99,684 $ 104,985 $ - $ 806,312 Total depreciation expense $ 35,965 $ 44,904 $ 16,496 $ 39,781 $ 14,963 $ 14,269 $ 8,079 $ 174,457 Capital expenditures 132,543 62,185 23,228 67,085 10,767 21,914 11,688 329,410 Total assets as of December 31, 2023 $ 702,299 $ 852,703 $ 352,984 $ 946,585 $ 365,111 $ 459,653 $ 560,588 $ 4,239,923 Year ended December 31, 2022: Net revenues $ 762,260 $ 765,220 $ 296,384 $ 832,806 $ 331,086 $ 509,645 $ - $ 3,497,401 Cost of products sold (excluding depreciation) $ 458,283 $ 528,278 $ 179,848 $ 536,514 $ 211,969 $ 371,766 $ 6,661 $ 2,293,319 Depreciation expense in cost of products sold 29,479 38,837 13,749 34,220 14,768 14,040 - 145,093 Total cost of products sold 487,762 567,115 193,597 570,734 226,737 385,806 6,661 2,438,412 Gross profit 274,498 198,105 102,787 262,072 104,349 123,839 (6,661 ) 1,058,989 Segment operating expenses $ 45,806 $ 21,683 $ 17,331 $ 26,813 $ 10,896 $ 19,029 $ - $ 141,558 Segment operating income $ 228,692 $ 176,422 $ 85,456 $ 235,259 $ 93,453 $ 104,810 $ (6,661 ) $ 917,431 Total depreciation expense $ 30,551 $ 40,014 $ 14,065 $ 34,903 $ 14,927 $ 14,286 $ 7,118 $ 155,864 Capital expenditures 90,297 69,126 27,776 76,702 35,102 15,214 11,091 325,308 Total assets as of December 31, 2022 $ 672,048 $ 814,017 $ 385,388 $ 861,870 $ 322,893 $ 496,924 $ 312,513 $ 3,865,653 ________________ Note 15 – Segment and Geographic Data (continued) Years ended December 31, 2024 2023 2022 Reconciliation: Segment Operating Income $ 427,871 $ 806,312 $ 917,431 Restructuring and Severance Costs (40,614 ) - - Impairment of Goodwill (66,487 ) - - Impact of COVID-19 Pandemic on Selling, General, and Administrative Expenses - - (546 ) Unallocated Selling, General, and Administrative Expenses (315,143 ) (320,168 ) (301,399 ) Consolidated Operating Income (Loss) $ 5,627 $ 486,144 $ 615,486 Unallocated Other Income (Expense) (8,016 ) (18,742 ) (21,981 ) Consolidated Income (Loss) Before Taxes $ (2,389 ) $ 467,402 $ 593,505 The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors. The distribution of sales by customer type is shown below: Years Ended December 31, 2024 2023 2022 Distributors $ 1,578,172 $ 1,798,291 $ 2,019,842 OEMs 1,156,852 1,378,065 1,229,114 EMS companies 202,563 225,689 248,445 $ 2,937,587 $ 3,402,045 $ 3,497,401 Net revenues were attributable to customers in the following regions: Years Ended December 31, 2024 2023 2022 Asia $ 1,149,138 $ 1,255,563 $ 1,347,893 Europe 1,029,901 1,255,652 1,146,898 Americas 758,548 890,830 1,002,610 $ 2,937,587 $ 3,402,045 $ 3,497,401 Note 15 – Segment and Geographic Data (continued) The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, military and aerospace, medical, power supplies, telecommunications, consumer products, and computing end markets. Sales by end market are presented below: Years Ended December 31, 2024 2023 2022 Industrial $ 992,192 $ 1,216,078 $ 1,377,043 Automotive 1,097,713 1,202,923 1,067,499 Military and Aerospace 325,318 271,871 215,078 Medical 147,845 152,611 133,808 Other* 374,519 558,562 703,973 $ 2,937,587 $ 3,402,045 $ 3,497,401 *Power supplies, telecommunications, consumer products, and computing The following table summarizes net revenues based on revenues generated by subsidiaries located within the identified geographic area: Years ended December 31, 2024 2023 2022 United States $ 761,218 $ 879,734 $ 974,503 Germany 871,479 1,076,812 1,005,796 Other Europe 148,055 151,160 142,454 Israel 22,517 29,560 25,844 Asia 1,134,318 1,264,779 1,348,804 $ 2,937,587 $ 3,402,045 $ 3,497,401 The following table summarizes property and equipment based on physical location: December 31, 2024 2023 United States $ 149,487 $ 162,428 Germany 359,430 305,504 United Kingdom 214,838 755 Other Europe 137,109 147,891 Israel 109,277 98,800 People's Republic of China 236,068 250,209 Republic of China (Taiwan) 204,757 207,515 Other Asia 119,236 108,055 Other 15,536 13,489 $ 1,545,738 $ 1,294,646

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Note 16 – Earnings Per Share Basic earnings per share is 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 12), convertible debt instruments (see Note 6), and other potentially dilutive securities. The following table sets forth the computation of basic and diluted earnings per share attributable to Vishay stockholders (shares in thousands) Years ended December 31, 2024 2023 2022 Numerator: Net earnings (loss) attributable to Vishay stockholders $ (31,150 ) $ 323,820 $ 428,810 Denominator: Denominator for basic earnings (loss) per share: Weighted average shares 136,838 139,318 143,176 Outstanding phantom stock units 126 129 223 Adjusted weighted average shares - basic 136,964 139,447 143,399 Effect of dilutive securities: Restricted stock units - 799 516 Dilutive potential common shares - 799 516 Denominator for diluted earnings (loss) per share: Adjusted weighted average shares - diluted 136,964 140,246 143,915 Basic earnings (loss) per share attributable to Vishay stockholders $ (0.23 ) $ 2.32 $ 2.99 Diluted earnings (loss) per share attributable to Vishay stockholders $ (0.23 ) $ 2.31 $ 2.98 Diluted earnings per share for the years presented do not reflect the following weighted average potential common shares, as the effect would be antidilutive (in thousands) Years ended December 31, 2024 2023 2022 Restricted stock units 2,423 82 251 If the average market price of Vishay common stock is less than the effective conversion prices of the convertible senior notes due 2025 and due 2030, respectively, no shares are included in the diluted earnings per share computation for the convertible senior notes due 2025 and due 2030. Upon Vishay exercising its existing right to legally amend the indenture governing the convertible senior notes due 2025, Vishay will satisfy its conversion obligations by paying $1 cash per $1 principal amount of converted notes and settle any additional amounts due in common stock. Pursuant to the indenture governing the convertible senior notes due 2030, Vishay will satisfy its conversion obligations by paying $1 cash per $1 principal amount of converted notes and settle any additional amounts due in cash and/or common stock. In connection with the issuance of the convertible senior notes due 2030, the Company entered into capped call transactions (see Note 6), which were not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive. The capped calls are intended to reduce the potential dilution to the Company's common stock in the event that at the time of conversion of the convertible senior notes due 2030 the Company's common stock price exceeds the conversion price of the convertible senior notes due 2030.

Additional Cash Flow Informatio

Additional Cash Flow Information	12 Months Ended
	Dec. 31, 2024
Additional Cash Flow Information [Abstract]
Additional Cash Flow Information	Note 17 – Additional Cash Flow Information Changes in operating assets and liabilities, net of effects of businesses acquired, consist of the following : Years ended December 31, 2024 2023 2022 Accounts receivable $ 17,525 $ (3,717 ) $ (26,696 ) Inventories (78,496 ) (58,758 ) (119,595 ) Prepaid expenses and other current assets 45,611 (42,005 ) (11,380 ) Accounts payable 22,806 743 (61,665 ) Other current liabilities (75,562 ) (58,120 ) 77,223 Net change in operating assets and liabilities $ (68,116 ) $ (161,857 ) $ (142,113 )

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2024
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 18 – Fair Value Measurements The following table provides the financial assets and liabilities carried at fair value measured on a recurring basis: Total Fair Value Level 1 Level 2 Level 3 December 31, 2024 Assets: Assets held in rabbi trusts $ 53,508 $ 24,518 $ 28,990 $ - Available for sale securities $ 4,043 4,043 - - Non - U.S. Defined Benefit Pension Plan Assets: Equity securities $ 4,174 4,174 - - Fixed income securities $ 23,991 23,991 - - Cash $ 36,303 36,303 - - $ 122,019 $ 93,029 $ 28,990 $ - Liability: Acquisitions contingent consideration $ 3,801 - - 3,801 December 31, 2023 Assets: Assets held in rabbi trusts $ 50,378 $ 24,343 $ 26,035 $ - Available for sale securities $ 4,115 4,115 - - Non - U.S. Defined Benefit Pension Plan Assets: Equity securities $ 3,925 3,925 - $ - Fixed income securities $ 21,232 21,232 - - Cash $ 38,130 38,130 - - $ 117,780 $ 91,745 $ 26,035 $ - Liability: MaxPower acquisition contingent consideration $ 938 - - 938 There have been no changes in the classification of any financial instruments within the fair value hierarchy in the periods presented. During the third and fourth fiscal quarters of 2024, the Company performed goodwill impairment tests in which the fair value of the Company's reporting units was calculated. See additional information on the impairment tests in Note 19. The Company maintains non-qualified trusts, referred to as “rabbi” trusts, to fund payments under deferred compensation and non-qualified pension plans. Rabbi trust assets consist primarily of marketable securities, classified as available-for-sale, and company-owned life insurance assets. The marketable securities held in the rabbi trusts are valued using quoted market prices on the last business day of the year. The company-owned life insurance assets are valued in consultation with the Company’s insurance brokers using the value of underlying assets of the insurance contracts. The fair value measurement of the marketable securities held in the rabbi trust is considered a Level 1 measurement and the measurement of the company-owned life insurance assets is considered a Level 2 measurement within the fair value hierarchy. The Company maintains defined benefit retirement plans in certain of its non-U.S. subsidiaries. The assets of the plans are measured at fair value. Equity securities held by the non-U.S. defined benefit retirement plans consist of equity securities that are valued based on quoted market prices on the last business day of the year. The fair value measurement of the equity securities is considered a Level 1 measurement within the fair value hierarchy. Fixed income securities held by the non-U.S. defined benefit retirement plans consist of government bonds in the Philippines and India and corporate notes that are valued based on quoted market prices on the last business day of the year. The fair value measurement of the fixed income securities is considered a Level 1 measurement within the fair value hierarchy. Cash held by the non-U.S. defined benefit retirement plans consists of demand deposits on account in various financial institutions to fund current benefit payments. The carrying amount of the cash approximates its fair value. The Company holds investments in debt securities that are intended to fund a portion of its pension and other postretirement benefit obligations outside of the U.S. The investments are valued based on quoted market prices on the last business day of the year. The fair value measurement of the investments is considered a Level 1 measurement within the fair value hierarchy. The Company may be required to make certain contingent consideration payments to related to acquisitions. The fair value of these contingent payments is determined by estimating the net present value of the expected cash flows based on the probability of expected payments. The fair value measurement of the contingent consideration payments is considered a Level 3 measurement within the fair value hierarchy. The fair value of the long-term debt, excluding the deferred financing costs, at December 31, 2024 and 2023 is approximately $850,600 and $836,200, respectively, compared to its carrying value, excluding the deferred financing costs, of $927,911 and $845,102, respectively. The Company estimates the fair value of its long-term debt using a combination of quoted market prices for similar financing arrangements and expected future payments discounted at risk-adjusted rates, which are considered level 2 inputs. At December 31, 2024 and 2023, the Company’s short-term investments were comprised of time deposits with financial institutions that have maturities that exceed 90 days from the date of acquisition; however they all mature within one year from the respective balance sheet dates. The Company's short-term investments are accounted for as held-to-maturity debt instruments, at amortized cost, which approximates their fair value. The investments are funded with excess cash not expected to be needed for operations prior to maturity; therefore, the Company believes it has the intent and ability to hold the short-term investments until maturity. At each reporting date, the Company performs an evaluation to determine if any unrealized losses are other-than-temporary. No other-than-temporary impairments have been recognized on these securities, and there are no unrecognized holding gains or losses for these securities during the periods presented. There have been no transfers to or from the held-to-maturity classification. All decreases in the account balance are due to returns of principal at the securities’ maturity dates. Interest on the securities is recognized as interest income when earned. At December 31, 2024 and 2023, the Company’s cash and cash equivalents were comprised of demand deposits, time deposits with maturities of three months or less when purchased, and money market funds. The Company estimates the fair value of its cash, cash equivalents, and short-term investments using level 2 inputs. Based on the current interest rates for similar investments with comparable credit risk and time to maturity, the fair value of the Company's cash, cash equivalents, and held-to-maturity short-term investments approximate the carrying amounts reported in the accompanying consolidated balance sheets. The Company’s financial instruments also include accounts receivable and accounts payable. The carrying amounts for these financial instruments reported in the accompanying consolidated balance sheets approximate their fair values.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2024
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 19 – Goodwill and Other Intangible Assets When required to perform quantitative goodwill impairment assessments, the Company estimates the fair value of each of its business segments, which represent its reporting units for goodwill impairment testing purposes, using mostly Level 3 inputs. Assessments are performed using a weighting of the income and market approaches to determine fair value. The Company used a discounted cash flow (“DCF”) method, using unobservable inputs, as its income approach. The Company used comparable company market multiples for its market approach. The resulting estimates of fair value from the income approach and the market approach are then weighted equally in determining the overall estimated fair value of each reporting unit. The determination of the fair value of the reporting units and the allocation of that value to individual assets and liabilities within those reporting units requires the Company to make significant estimates and assumptions. These estimates and assumptions primarily include, but are not limited to: the selection of appropriate peer group companies; control premiums appropriate for acquisitions in the industries in which the Company competes; the discount rate; terminal growth rates; and forecasts of revenue, operating income, depreciation and amortization (components of earnings before interest, taxes, depreciation, amortization, "EBITDA"); and capital expenditures. Due to the inherent uncertainty involved in making these estimates, actual financial results could differ from those estimates. Changes in assumptions concerning future financial results or other underlying assumptions could have a significant impact on results of the assessment. During the third fiscal quarter of 2024, the Company identified the decrease in its share price in combination with the increase in the book value of its assets as a result of its acquisition and capital spending activities as potential indicators of impairment requiring an interim goodwill impairment test. The interim goodwill impairment test was performed as of the end of the third fiscal quarter of 2024. Based on the evaluation, the estimated fair value of each reporting unit was determined to exceed its carrying value, although the MOSFETs reporting unit’s fair value exceeded its carrying value by less than 10%. No goodwill impairment charges were recognized in the third fiscal quarter of 2024 as a result of the goodwill impairment test. During the fourth fiscal quarter of 2024, the Company identified the further decrease in its share price in combination with the further increase in the book value of its assets as a result of its capital spending activities as the primary potential indicators of impairment requiring an interim goodwill impairment test of its MOSFETs reporting unit. An interim goodwill impairment test was performed as of December 31, 2024. As a result of the assessment, it was determined that the fair value of the MOSFETs reporting unit was less than its carrying value. Accordingly, a goodwill impairment charge of $66,487 was recorded. The goodwill impairment charge is noncash in nature and does not affect the Company’s liquidity, cash flows from operating activities, or debt covenants, and will not have a material impact on future operations. Prior to completing the interim assessment of goodwill for impairment, the Company performed a recoverability test of certain depreciable and amortizable long-lived assets within the MOSFETs reporting unit. There was no impairment identified for the depreciable and amortizable long-lived assets tested for recoverability. The changes in the carrying amount of goodwill by segment for the years ended December 31, 2024 and 2023 were as follows: MOSFETs Optoelectronic Components Resistors Inductors Capacitors Total Balance at December 31, 2022 $ 36,885 $ 96,849 $ 41,883 $ 25,815 $ - $ 201,432 Centerline acquisition - - 2,213 - - 2,213 Purchase price allocation adjustment (2,639 ) - - - - (2,639 ) Exchange rate effects - - 410 - - 410 Balance at December 31, 2023 $ 34,246 $ 96,849 $ 44,506 $ 25,815 $ - $ 201,416 Newport acquisition 32,241 - - - - 32,241 Ametherm acquisition - - 11,685 - - 11,685 Birkelbach acquisition - - - - 777 777 Impairment of goodwill (66,487 ) - - - - (66,487 ) Exchange rate effects - - (627 ) - - (627 ) Balance at December 31, 2024 $ - $ 96,849 $ 55,564 $ 25,815 $ 777 $ 179,005 Note 19 – Goodwill and Other Intangible Assets (continued) Other intangible assets are as follows: December 31, 2024 December 31, 2023 Intangible assets subject to amortization: Patents and acquired technology $ 23,160 $ 26,053 Capitalized software 62,158 62,360 Customer relationships 103,813 83,895 Tradenames 23,216 22,300 Other - 400 212,347 195,008 Accumulated amortization: Patents and acquired technology (7,316 ) (14,931 ) Capitalized software (55,476 ) (54,203 ) Customer relationships (45,053 ) (38,664 ) Tradenames (17,279 ) (14,610 ) Other - (267 ) (125,124 ) (122,675 ) Net intangible assets subject to amortization $ 87,223 $ 72,333 Amortization expense (excluding capitalized software) was $11,684, $9,916, and $8,127, for the years ended December 31, 2024, 2023, and 2022, respectively. Estimated annual amortization expense of intangible assets on the balance sheet at December 31, 2024 for each of the next five years is as follows: 2025 $ 13,074 2026 12,267 2027 9,319 2028 8,346 2029 8,121

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Note 20 – Related Party Transactions Vishay Precision Group, Inc. On July 6, 2010, Vishay completed the spin-off of its measurements and foil resistors businesses into an independent, publicly-traded company, Vishay Precision Group, Inc. Vishay’s common stockholders received 1 share of VPG common stock for every 14 shares of Vishay common stock they held on the record date, June 25, 2010, and Vishay’s Class B common stockholders received 1 share of VPG Class B common stock for every 14 shares of Vishay Class B common stock they held on the record date. Following the spin-off, VPG is an independent company and Vishay retains no ownership interest. Relationship with VPG after Spin-off Following the spin-off, VPG and Vishay operate separately, each as independent public companies. Vishay has no ownership interest in VPG. However, Ruta Zandman solely or on a shared basis with Marc Zandman and Ziv Shoshani, all of whom are members of Vishay's Board of Directors, control a large portion of the voting power of both Vishay and VPG. Marc Zandman, Vishay’s Executive Chairman of the Board and an executive officer of Vishay, serves on the Board of Directors of VPG. Ziv Shoshani, CEO of VPG, serves as a director of Vishay. Additionally, Timothy V. Talbert, a member of Vishay’s Board of Directors is also a member of the Board of Directors of VPG. In connection with the completion of the spin-off, Vishay and its subsidiaries entered into several agreements with VPG and its subsidiaries that govern the relationship of the parties following the spin-off. Among the agreements entered into with VPG and its subsidiaries were a transition services agreement, several lease agreements, and supply agreements. None of the agreements have had nor are expected to have a material impact on Vishay’s financial position, results of operations, or liquidity. Some of these agreements have expired and have not been renewed. Vishay also entered into a trademark license agreement with VPG pursuant to which Vishay granted VPG the license to use certain trademarks, service marks, logos, trade names, entity names, and domain names which include the term “Vishay.” The license granted VPG the limited, exclusive, royalty-free right and license to use certain marks and names incorporating the term “Vishay” in connection with the design, development, manufacture, marketing, provision and performance of certain VPG products that do not compete with any products within Vishay’s product range as constituted immediately following the separation and certain services provided in connection with the products. The license cannot be terminated except as a result of willful misconduct or liquidation bankruptcy of VPG.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Abstract]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We recognize the importance of assessing, identifying, and managing material risks associated with cybersecurity threats. These risks include, among other things: operational risks, intellectual property theft, fraud, extortion, harm to employees or customers and violation of data privacy or security laws. We are committed to maintaining robust governance and oversight of these risks and to implementing mechanisms, controls, technologies, and processes designed to help us assess, identify, and manage these risks. While we have not, as of the date of this Form 10-K, experienced a cybersecurity threat or incident that resulted in a material adverse impact to our business or operations, there can be no guarantee that we will not experience such an incident in the future. Such incidents, whether or not successful, could result in us incurring significant costs related to, for example, rebuilding our internal systems, writing down inventory value, implementing additional threat protection measures, defending against litigation, responding to regulatory inquiries or actions, paying damages, providing customers with incentives to maintain a business relationship with us, or taking other remedial steps with respect to third parties, as well as incurring significant reputational harm. We aim to incorporate industry best practices throughout our cybersecurity program. Identifying and assessing cybersecurity risk is integrated into our overall risk management program. Our cybersecurity strategy focuses on implementing effective and efficient controls, technologies, and other processes to assess, identify, and manage material cybersecurity risks. We have processes in place to assess, identify, manage, and address material cybersecurity threats and incidents. These include, among other things: annual and ongoing security awareness training for employees; mechanisms to detect and monitor unusual network activity; and containment and incident response tools. We monitor issues that are internally discovered or externally reported that may affect us, and have processes to assess those issues for potential cybersecurity impact or risk.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We aim to incorporate industry best practices throughout our cybersecurity program. Identifying and assessing cybersecurity risk is integrated into our overall risk management program. Our cybersecurity strategy focuses on implementing effective and efficient controls, technologies, and other processes to assess, identify, and manage material cybersecurity risks.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]	Such incidents, whether or not successful, could result in us incurring significant costs related to, for example, rebuilding our internal systems, writing down inventory value, implementing additional threat protection measures, defending against litigation, responding to regulatory inquiries or actions, paying damages, providing customers with incentives to maintain a business relationship with us, or taking other remedial steps with respect to third parties, as well as incurring significant reputational harm.
Cybersecurity Risk Board of Directors Oversight [Text Block]	Cybersecurity is an important part of our risk management processes and an area of focus for our Board and management. Our Audit Committee is responsible for the oversight of risks from cybersecurity threats. Members of the Audit Committee receive updates on at least an annual basis from senior management, including leaders from our Information Technology, Internal Audit, and Legal teams regarding matters of cybersecurity. This includes existing and new cybersecurity risks, status on how management is addressing and/or mitigating those risks, cybersecurity and data privacy incidents (if any) and status on key information security initiatives. Our cybersecurity risk management and strategy processes are overseen by leaders from our Information Technology, Internal Audit, and Legal teams. Such individuals have an average of over 20 years of prior work experience in various roles involving information technology, security, auditing, legal, compliance, systems and programming. These individuals are informed about, and monitor the prevention, mitigation, detection and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management and strategy processes described above, including the operation of our incident response plan, and report to the Audit Committee on any appropriate items.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Cybersecurity is an important part of our risk management processes and an area of focus for our Board and management. Our Audit Committee is responsible for the oversight of risks from cybersecurity threats. Members of the Audit Committee receive updates on at least an annual basis from senior management, including leaders from our Information Technology, Internal Audit, and Legal teams regarding matters of cybersecurity.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our Audit Committee is responsible for the oversight of risks from cybersecurity threats. Members of the Audit Committee receive updates on at least an annual basis from senior management, including leaders from our Information Technology, Internal Audit, and Legal teams regarding matters of cybersecurity. This includes existing and new cybersecurity risks, status on how management is addressing and/or mitigating those risks, cybersecurity and data privacy incidents (if any) and status on key information security initiatives.
Cybersecurity Risk Role of Management [Text Block]	We have processes in place to assess, identify, manage, and address material cybersecurity threats and incidents. These include, among other things: annual and ongoing security awareness training for employees; mechanisms to detect and monitor unusual network activity; and containment and incident response tools. We monitor issues that are internally discovered or externally reported that may affect us, and have processes to assess those issues for potential cybersecurity impact or risk.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Such individuals have an average of over 20 years of prior work experience in various roles involving information technology, security, auditing, legal, compliance, systems and programming.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our cybersecurity risk management and strategy processes are overseen by leaders from our Information Technology, Internal Audit, and Legal teams. Such individuals have an average of over 20 years of prior work experience in various roles involving information technology, security, auditing, legal, compliance, systems and programming.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	These individuals are informed about, and monitor the prevention, mitigation, detection and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management and strategy processes described above, including the operation of our incident response plan, and report to the Audit Committee on any appropriate items.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ significantly from those estimates.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Vishay and all of its subsidiaries in which a controlling financial interest is maintained. For those consolidated subsidiaries in which the Company’s ownership is less than 100 percent, the outside stockholders’ interests are shown as noncontrolling interests in the accompanying consolidated balance sheets. Investments in affiliates over which the Company has significant influence but not a controlling interest are carried on the equity basis. Investments in affiliates over which the Company does not have significant influence are accounted for by the cost method. All intercompany transactions, accounts, and profits are eliminated.
Revenue Recognition	Revenue Recognition The Company recognizes revenue from contracts with customers when it satisfies the performance obligations within the contract. The Company has framework agreements with many of its customers that contain the terms and conditions of future sales, but do not create enforceable rights or obligations. For revenue recognition purposes, the Company considers the combined purchase orders and the terms and conditions contained within such framework agreements to be contracts. Payment terms for the Company's sales are generally less than ninety days. Substantially all of the Company's receivables historically have been and are expected to continue to be collected within twelve months of the transfer of products to the customer and the Company expects this to continue going forward. Accordingly, the Company does not recognize a financing component of the transaction price. Revenue is measured based on the consideration specified in contracts with customers, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies its performance obligations. The Company analyzes its contracts to determine whether the promise in the contract to construct and transfer goods to the customer is a performance obligation that will be satisfied over time or at a point in time. When the Company's performance does not create an asset with an alternative use to the Company and the Company has an enforceable right to payment for performance completed to date, the Company transfers control of a good or service over time and, therefore, satisfies a performance obligation and recognizes revenue over time. The Company has a limited number of contracts for custom products that meet the criteria to recognize revenue over time. The Company's contracts contain two performance obligations: delivery of products and warranty protection. The Company does not sell separate, enhanced, or extended warranty coverage, but through its customary business practices, the Company has created implied service-type warranties, which are accounted for as separate performance obligations. Revenue is allocated between these two performance obligations and recognized as the obligations are satisfied. The allocation of revenue to warranty protection is based on an estimate of expected cost plus margin. The delivery of products performance obligation is satisfied and product sales revenue is recognized when the customer takes control of the products. Warranty revenue is deferred and the warranty protection performance obligation is satisfied and revenue is recognized over the warranty period, which is typically less than twenty four months from sale to end customer. The warranty deferred revenue liability is recorded within Other Accrued Expenses and Other Liabilities on the accompanying consolidated balance sheets. The deferred revenue balance associated with the service-type warranty performance obligations and the components that comprise the change in the deferred revenue balance are not significant. The Company has a broad line of products that it sells to original equipment manufacturers ("OEMs"), electronic manufacturing services ("EMS") companies, which manufacture for OEMs on an outsourcing basis, and independent distributors that maintain large inventories of electronic components for resale to OEMs and EMS companies. The Company recognizes revenue on sales to distributors when the distributor takes control of the products ("sold-to" model). The Company has agreements with distributors that allow distributors a limited credit for unsaleable products, which it terms a "scrap allowance." Consistent with industry practice, the Company also has a "stock, ship and debit" program whereby it considers requests by distributors for credits on previously purchased products that remain in distributors' inventory, to enable the distributors to offer more competitive pricing. In addition, the Company has contractual arrangements whereby it provides distributors with protection against price reductions initiated by the Company after product is sold by the Company to the distributor and prior to resale by the distributor. The Company recognizes the estimated variable consideration to be received as revenue and records a related accrued expense for the consideration not expected to be received, based upon its estimate of product returns, scrap allowances, "stock, ship and debit" credits, and price protection credits that will be attributable to sales recorded through the end of the period. The Company makes these estimates based upon sales levels to its distributors during the period, inventory levels at the distributors, current and projected market conditions, and historical experience under the programs. The Company utilizes a number of different methodologies and considers several factors when estimating the accruals. Some of the factors considered include sales levels to distributors during the relevant period, inventory levels at the distributors, current and projected market trends and conditions, recent and historical activity under the relevant programs, changes in program policies, and open requests for credits. These procedures require the exercise of significant judgments. The Company believes that it has a reasonable basis to estimate future credits under the programs. See sales returns and allowances accrual activity in Note 9. The Company pays commissions to external sales representatives on a per-sale basis. Accordingly, these commissions are expensed as incurred because the future amortization period of the asset that the Company otherwise would have recognized is one year or less. Internal staff are not paid commissions. The Company has elected to account for shipping and handling as activities to fulfill the promise to transfer the product even if the shipping and handling activities are performed after the customer obtains control. The Company does not evaluate whether shipping and handling activities are promised services to its customers. If control transfers and revenue is recognized for the related products before the shipping and handling activities occur, the related costs of those shipping and handling activities is accrued. The Company applies this accounting policy election consistently to similar types of transactions. See disaggregated revenue information in Note 15
Research and Development Expenses	Research and Development Expenses Research and development costs are expensed as incurred. The amount charged to expense for research and development (exclusive of purchased in-process research and development) aggregated $120,126, $99,506, and $81,182, for the years ended December 31, 2024, 2023, and 2022, respectively. The Company spends additional amounts for the development of machinery and equipment for new processes and for cost reduction measures.
Income Taxes	Income Taxes The provision for income taxes is determined using the asset and liability approach of accounting for income taxes. Under this approach, deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The provision for income taxes represents income taxes paid or payable for the current year plus the change in deferred taxes during the year. Deferred taxes result from differences between the financial and tax bases of the Company’s assets and liabilities and are adjusted for changes in tax rates and tax laws when changes are enacted. Valuation allowances have been established for deferred tax assets which the Company believes do not meet GAAP criteria of “more likely than not” to be realized. This criterion requires a level of judgment regarding future taxable income, which may be revised due to changes in market conditions, tax laws, or other factors. If the Company’s assumptions and estimates change in the future, valuation allowances established may be increased, resulting in increased tax expense. Conversely, if the Company is ultimately able to utilize all or a portion of the deferred tax assets for which a valuation allowance has been established, then the related portion of the valuation allowance can be released, resulting in decreased tax expense. The Company and its subsidiaries are subject to income taxes in the U.S. and numerous foreign jurisdictions. Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions and calculations for which the ultimate tax determination is uncertain. The Company establishes reserves for tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves are established when the Company believes that certain positions might be challenged despite the Company’s belief that its tax return positions are fully supportable. The Company adjusts these reserves in light of changing facts and circumstances and the provision for income taxes includes the impact of reserve provisions and changes to reserves that are considered appropriate. These accruals for tax-related uncertainties are based on management’s best estimate of potential tax exposures. When particular matters arise, a number of years may elapse before such matters are audited by tax authorities and finally resolved. Favorable resolution of such matters could be recognized as a reduction to the Company’s effective tax rate in the year of resolution. Unfavorable resolution of any particular issue could increase the effective tax rate and may require the use of cash in the year of resolution. The amount included in current liabilities on the accompanying consolidated balance sheets reflect only amounts expected to be settled in cash within one year. See Note 5.
Cash, Cash Equivalents, and Short-Term Investments	Cash, Cash Equivalents, and Short-Term Investments Cash and cash equivalents includes demand deposits and highly liquid investments with maturities of three months or less when purchased. Highly liquid investments with original maturities greater than three months, but less than one year are classified as short-term investments. At December 31, 2024 and 2023, the Company’s short-term investments were comprised of time deposits with financial institutions whose original maturity exceeds three months, but less than one year.
Allowance for Credit Losses	Allowance for Credit Losses The Company estimates its credit losses on financial instruments using a current expected credit loss model. The Company maintains an allowance for accounts receivable credit losses resulting from the inability of its customers to make required payments. $(214), $ , and $ for the years ended , , and , respectively. The Company’s cash equivalents, short-term investments, and restricted investments are accounted for as held-to-maturity debt instruments, at amortized cost. Interest income on these instruments is recorded as "Other income" on the consolidated statements of operations and interest receivable is recognized as a separate asset and recorded in "Prepaid expenses and other current assets" on the consolidated balance sheets. The Company has not experienced a credit loss on the principal or interest receivable of its cash equivalents, short-term investments, or restricted investments. The Company pools its cash equivalents, short-term investments, and restricted investments by credit rating of the issuing financial institution and estimates an allowance for credit losses based on the corporate bond default ratios, evaluation of the impact of current and projected economic conditions, and probability of credit loss. Net credit loss expense for cash equivalents, short-term investments, and restricted investments was immaterial for the years ended December 31, 2024, 2023, and 2022. The Company does not measure an allowance for credit losses on interest receivable. Any uncollectible interest receivable is recognized by reversing interest income within the fiscal quarter that the interest becomes uncollectible.
Inventories	Inventories Inventories are stated at the lower of cost, determined by the first-in, first-out method, or net realizable value. Inventories are adjusted for estimated obsolescence and written down to net realizable value based upon estimates of future demand, technology developments, and market conditions.
Property and Equipment	Property and Equipment Property and equipment is carried at cost and is depreciated principally by the straight-line method based upon the estimated useful lives of the assets. Machinery and equipment are being depreciated over useful lives of seven years to ten years. Buildings and building improvements are being depreciated over useful lives of twenty years to . Construction in progress is not depreciated until the assets are placed in service. The estimated cost to complete construction in progress at was approximately $ . Included in the estimated cost to complete the Itzehoe, Germany 12-inch wafer fab and the Newport wafer fab expansion construction projects are certain costs for which there are currently no contractual commitments to complete Depreciation expense was $ , $ , and $ for the years ended , 2023, and , respectively. Gains and losses on the disposal of assets which do not qualify for presentation as discontinued operations are included in the determination of operating margin (within selling, general, and administrative expenses). Individually material gains and losses on disposal are separately disclosed in the notes to the consolidated financial statements.
Commitments and Contingencies	Commitments and Contingencies The Company has commitments for the purchase of assets to complete its construction in progress as disclosed above. The commitment period for substantially all of these purchase commitments is less than one year. The Company expects to have noncancellable purchase commitments with commitment periods in excess of one year associated with its significant facility expansion programs as the programs progress. As of December 31, 2024, there are no material noncancellable commitments associated with these programs. Liabilities for loss contingencies, including environmental remediation costs, arising from claims, assessments, litigation, fines, penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment and/or remediation can be reasonably estimated. The costs for a specific environmental remediation site are discounted if the aggregate amount of the obligation and the amount and timing of the cash payments for that site are fixed or reliably determinable based upon information derived from the remediation plan for that site. Accrued liabilities for environmental matters recorded at December 31, 2024 and 2023 do not include claims against third parties.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess of the cost of a business acquired over the fair value of the related net assets at the date of acquisition. Certain intangible assets may be assigned indefinite useful lives. Goodwill and indefinite-lived intangible assets are not amortized but rather are tested for impairment at least annually. The Company performs its annual goodwill impairment tests as of the first day of the fourth fiscal quarter. These tests are performed more frequently whenever events or changes in circumstances indicate that the assets might be impaired (see Note 19). The Company's business segments (see Note 15) represent its reporting units for goodwill impairment testing purposes. At December 31, 2024 and 2023, respectively, the Company has no recorded indefinite-lived intangible assets. Definite-lived intangible assets are amortized over their estimated useful lives. Patents and acquired technology are being amortized over useful lives of seven years to twenty-five years. Capitalized software is amortized over periods of three years to ten years, primarily included in "Costs of products sold" on the consolidated statements of operations. Customer relationships are amortized over useful lives of five years to twenty years. Noncompete agreements are amortized over periods of three years to ten years. The Company continually evaluates the reasonableness of the useful lives of these assets. GAAP prescribes a quantitative method for determining goodwill impairment. The Company has the option of performing a qualitative assessment before performing the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of the reporting unit is not more likely than not less than the carrying amount, the quantitative impairment test is not required. If it is determined that the fair value of the reporting unit is more likely than not less than the carrying amount, the quantitative impairment test is required. The Company determines the fair value of the reporting unit and compares that fair value to the net book value of the reporting unit. The fair value of the reporting unit is determined using various valuation techniques, including a comparable companies market multiple approach and a discounted cash flow analysis (an income approach). If the net book value of the reporting unit were to exceed the fair value, the Company would recognize an impairment charge.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The carrying value of long-lived assets held-and-used, other than goodwill and indefinite-lived intangible assets, is evaluated when events or changes in circumstances indicate the carrying value may not be recoverable or the useful life has changed. The carrying value of a long-lived asset group is considered impaired when the total projected undiscounted cash flows from such asset group are separately identifiable and are less than the carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair market value of the long-lived asset group. Fair market value is determined primarily using present value techniques based on projected cash flows from the asset group. Losses on long-lived assets held-for-sale, other than goodwill and indefinite-lived intangible assets, are determined in a similar manner, except that fair market values are reduced for anticipated disposal costs.
Available-for-Sale Securities	Available-for-Sale Securities Short-term investments and other assets reported on the accompanying consolidated balance sheets include time deposits with financial institutions whose original maturity exceeds three months, but less than one year that are classified as held-to-maturity instruments, and investments in marketable securities that are classified as available-for-sale instruments. The available-for-sale instruments include assets that are held in trust related to the Company’s non-qualified pension and deferred compensation plans (see Note 11) and assets that are intended to fund a portion of the Company’s other postretirement benefit obligations outside of the U.S. These assets are reported at fair value, based on quoted market prices as of the end of the reporting period. Unrealized gains and losses are reported as "Other income (expense)" on the consolidated statements of operations. At the time of sale, the assets that are held in trust related to the Company’s non-qualified pension and deferred compensation plans, any gains (losses) calculated by the specific identification method are recognized as a reduction (increase) to benefits expense, within "Selling, general, and administrative expenses" on the consolidated statements of operations.
Financial Instruments	Financial Instruments The Company uses financial instruments in the normal course of its business, including from time to time, derivative financial instruments. Additionally, from time to time, the Company enters into contracts that are not considered derivative financial instruments in their entirety, but that include embedded derivative features. Other financial instruments include cash and cash equivalents, held-to-maturity short-term investments, accounts receivable, and notes payable. The carrying amounts of these financial instruments reported on the accompanying consolidated balance sheets approximate their fair values due to the short-term nature of these assets and liabilities. The fair value measurement accounting guidance establishes a valuation hierarchy of the inputs used to measure fair value. This hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs that reflect the Company’s own assumptions. An asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.
Stock-Based Compensation	Stock-Based Compensation Compensation costs related to stock-based payment transactions are recognized in the consolidated financial statements. The amount of compensation cost is measured based on the grant-date fair value of the equity (or liability) instruments issued. The Company determines compensation cost for restricted stock units ("RSUs") and phantom stock units based on the grant-date fair value of the underlying common stock adjusted for expected dividends paid over the required vesting period for non-participating awards. Compensation cost is recognized over the period that an officer, employee, or non-employee director is required to provide service in exchange for the award. For RSUs with market conditions, the Company estimates the grant date fair value using a Monte Carlo valuation model and recognizes the expense for the awards over the period in which the condition is assessed regardless of whether the market condition is ultimately achieved. For awards subject to graded vesting, the Company recognizes expense over the service period for each separately vesting portion of the award as if the award was, in-substance, multiple awards. The Company recognizes compensation cost for RSUs that are expected to vest and records cumulative adjustments in the period that the expectation changes.
Foreign Currency Translation	Foreign Currency Translation The Company has significant operations outside of the United States. The Company finances most of its operations in Europe and certain locations in Asia in local currencies, and accordingly, these subsidiaries utilize the local currency as their functional currency. The Company’s operations in Israel, the United Kingdom, and most significant locations in Asia are largely financed in U.S. dollars, and accordingly, these subsidiaries utilize the U.S. dollar as their functional currency. For those subsidiaries where the local currency is the functional currency, assets and liabilities on the accompanying consolidated balance sheets have been translated at the rate of exchange as of the balance sheet date. Translation adjustments do not impact the consolidated results of operations and are reported as a separate component of stockholders’ equity. Revenues and expenses are translated at the average exchange rate for the year. While the translation of revenues and expenses into U.S. dollars does not directly impact the statement of operations, the translation effectively increases or decreases the U.S. dollar equivalent of revenues generated and expenses incurred in those foreign currencies. For those foreign subsidiaries where the U.S. dollar is the functional currency, all foreign currency financial statement amounts are remeasured into U.S. dollars. Exchange gains and losses arising from remeasurement of foreign currency-denominated monetary assets and liabilities are included in the consolidated results of operations.
Treasury Stock	Treasury Stock The Company records treasury stock at cost, inclusive of fees, commissions and other expenses, when outstanding common shares are repurchased.
Self-Insurance Programs	Self-Insurance Programs The Company uses a combination of insurance and self-insurance mechanisms to provide for the potential liabilities for workers’ compensation, general liability, property damage, director and officers’ liability, and vehicle liability. As part of its self-insurance program for certain risks, the Company created a wholly-owned captive insurance entity in 2007. At December 31, 2024, the captive insurance entity provides only property and general liability insurance, although it is licensed to also provide directors’ and officers’ insurance. The captive insurance entity had no amounts accrued for outstanding claims at December 31, 2024 and 2023. Certain investments held by the captive insurance entity are restricted primarily for the purpose of potential insurance claims. Such amounts are recorded in other noncurrent assets, and total $12,001 and $10,571 at December 31, 2024 and 2023, respectively, representing required statutory reserves of the captive insurance entity.
Leases	Leases The Company leases buildings and machinery and equipment used for manufacturing and/or sales and administrative purposes. The Company is also party to various service, warehousing, and other agreements that it evaluates for potential embedded leases. Substantially all of the Company’s leases are structured and classified as operating leases. The Company leases assets in each region in which it operates. The Company’s leases are generally denominated in the currency of the leased assets' location, which may not be the functional currency of the subsidiary lessee. Accordingly, the Company remeasures its lease liability and recognizes a transactional gain/loss for leases denominated in currencies other than the functional currency of the subsidiary lessee. The Company recognizes right of use assets and lease liabilities for leases greater than twelve months in duration based on the contract consideration for lease components through the term of the lease and the applicable discount rate. Leases with a duration less than or equal to twelve months are considered short-term leases. The Company does not recognize right of use assets or lease liabilities for short-term leases and classifies the expense as short-term lease expense. Variable lease payments based on an index or rate are included in the right of use assets and lease liabilities based on the effective rates at lease commencement. Changes in the rates or indices do not impact the right of use asset or lease liability and are recognized as a component of lease expense in the consolidated statements of operations. Variable lease payments not based on an index or rate are not included in the initial right of use asset and lease liability and are recognized when incurred as a component of lease expense in the consolidated statements of operations. The Company has elected to not separate contract consideration for lease and non-lease components for its building leases. In addition to the noncancellable period of a lease, the Company includes periods covered by extension options it is reasonably certain to exercise, termination options that it is reasonably certain not to exercise, and extension and termination options controlled by the lessor in its determination of the lease term. The Company uses the rate implicit in the contract whenever possible when determining the applicable discount rate. When the implicit rate is not used, the Company employs a portfolio approach based on the duration of the lease. The portfolio lease rates are calculated monthly. No individual lease is considered significant and there are no leases that have not yet commenced that are considered significant. See Note 4 for additional information.
Restructuring and Severance Costs	Restructuring and Severance Costs Restructuring and severance costs reflect charges resulting from cost reduction programs implemented by the Company. Restructuring and severance costs include exit costs, severance benefits pursuant to an on-going arrangement, voluntary termination compensation under a defined program, and any related pension curtailment and settlement charges. The Company recognizes expense for one-time benefits only after management has committed to a plan, the plan is sufficiently detailed to provide the number, classification, and location of employees to be terminated as well as the expected completion date, the plan has been sufficiently communicated to employees such that they are able to determine the type and amount of benefits they will receive if terminated, and it is unlikely that the plan will be significantly changed or withdrawn. If an employee is not required to render service beyond a minimum retention period, the Company recognizes expense once the aforementioned criteria have been met. If an employee is required to render service beyond a minimum retention period, the Company recognizes expense over the period that the employee is required to render future service. The Company recognizes expense for on-going benefit arrangements when the liability is reasonably estimable and considered probable. The Company recognizes expense for voluntary separation / early retirement when the employee delivers an irrevocable voluntary termination notice pursuant to a defined Company program. The Company recognizes other exit costs as incurred. See Note 3 for additional information.
Recent Accounting Pronouncements	Note 1 – Summary of Significant Accounting Policies (continued) Recent Accounting Pronouncements Accounting Guidance Recently Adopted In November 2023, the Financial Accounting Standards Board ("FASB") issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures Recent Accounting Guidance Not Yet Adopted Improvements to Income Tax Disclosures Disaggregation of Income Statement Expenses
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform with current year presentation. Such reclassifications had no effect on reported net earnings attributable to Vishay stockholders, total assets, stockholders' equity, or cash flows.

Earnings Per Share (Policies)

Earnings Per Share (Policies)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Discussion on convertible debt included in computation of earnings per share diluted	If the average market price of Vishay common stock is less than the effective conversion prices of the convertible senior notes due 2025 and due 2030, respectively, no shares are included in the diluted earnings per share computation for the convertible senior notes due 2025 and due 2030. Upon Vishay exercising its existing right to legally amend the indenture governing the convertible senior notes due 2025, Vishay will satisfy its conversion obligations by paying $1 cash per $1 principal amount of converted notes and settle any additional amounts due in common stock. Pursuant to the indenture governing the convertible senior notes due 2030, Vishay will satisfy its conversion obligations by paying $1 cash per $1 principal amount of converted notes and settle any additional amounts due in cash and/or common stock. In connection with the issuance of the convertible senior notes due 2030, the Company entered into capped call transactions (see Note 6), which were not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive. The capped calls are intended to reduce the potential dilution to the Company's common stock in the event that at the time of conversion of the convertible senior notes due 2030 the Company's common stock price exceeds the conversion price of the convertible senior notes due 2030.

Acquisition and Divestiture A_2

Acquisition and Divestiture Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Acquisition Activities [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Based on an estimate of fair values, the Company allocated the purchase price of the acquisition as follows: Net working deficit (excluding cash and cash equivalents) $ (339 ) Property and equipment 148,109 Customer relationships 4,000 Other, net 1,315 Deferred taxes, net (7,869 ) Total identified assets and liabilities 145,216 Purchase price, net of cash acquired 177,457 Goodwill $ 32,241

Restructuring and Related Act_2

Restructuring and Related Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Expenses	Expense recorded in 2024 $ 40,614 Cash paid (8,734 ) Foreign currency translation (1,292 ) Balance at December 31, 2024 $ 30,588

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Right of Use Assets and Lease Liabilities	The net right of use assets and lease liabilities recognized on the consolidated balance sheets for the Company's operating leases as of December 31, 2024 and 2023 are presented below: December 31, 2024 December 31, 2023 Right of use assets Operating Leases Buildings and improvements $ 112,528 $ 121,578 Machinery and equipment 5,425 5,251 Total $ 117,953 $ 126,829 Current lease liabilities Operating Leases Buildings and improvements $ 22,993 $ 23,647 Machinery and equipment 2,908 2,838 Total $ 25,901 $ 26,485 Long-term lease liabilities Operating Leases Buildings and improvements $ 91,772 $ 100,489 Machinery and equipment 2,446 2,341 Total $ 94,218 $ 102,830 Total lease liabilities $ 120,119 $ 129,315
Lease Expense	Lease expense is classified in the statements of operations based on asset use. Total lease cost recognized on the consolidated statements of operations is as follows: Years ended December 31, 2024 2023 2022 Lease expense Operating lease expense $ 29,787 $ 27,909 $ 25,606 Short-term lease expense 964 988 971 Variable lease expense 581 566 365 Total lease expense $ 31,332 $ 29,463 $ 26,942
Undiscounted Future Lease Payments for Operating Lease Liabilities	The undiscounted future lease payments for the Company's operating lease liabilities are as follows: 2025 $ 26,681 2026 22,803 2027 19,266 2028 15,724 2029 13,690 Thereafter 60,925

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Taxes [Abstract]
Components of income (loss) from continuing operations before taxes and noncontrolling interest	Income before taxes consists of the following components: Years ended December 31, 2024 2023 2022 Domestic $ (172,519 ) $ 67,938 $ 132,426 Foreign 170,130 399,464 461,079 $ (2,389 ) $ 467,402 $ 593,505
Components of income taxes	Significant components of income taxes are as follows: Years ended December 31, 2024 2023 2022 Current: Federal $ 1,936 $ 14,594 $ 24,423 State and local 407 1,769 3,313 Foreign 63,537 152,343 121,810 65,880 168,706 149,546 Deferred: Federal (24,492 ) (4,871 ) (40,136 ) State and local (788 ) (3,651 ) 532 Foreign (13,234 ) (18,295 ) 53,080 (38,514 ) (26,817 ) 13,476 Total income tax expense $ 27,366 $ 141,889 $ 163,022
Deferred tax assets and liabilities	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows: December 31, 2024 2023 Deferred tax assets: Pension and other retiree obligations $ 27,779 $ 29,400 Inventories 26,004 23,836 Net operating loss carryforwards 74,244 81,497 Tax credit carryforwards 67,192 54,363 Research and development costs 25,582 17,829 Interest 23,886 20,039 Other accruals and reserves 36,232 25,179 Total gross deferred tax assets 280,919 252,143 Less valuation allowance (92,876 ) (99,663 ) 188,043 152,480 Deferred tax liabilities: Property and equipment (20,032 ) (9,429 ) Tax deductible goodwill (7,889 ) (7,040 ) Intangibles other than goodwill (8,937 ) (6,327 ) Earnings not indefinitely reinvested (78,977 ) (88,004 ) Other - net (8,802 ) (62 ) Total gross deferred tax liabilities (124,637 ) (110,862 ) Net deferred tax assets $ 63,406 $ 41,618
Federal statutory income tax rate reconciliation	A reconciliation of income tax expense at the U.S. federal statutory income tax rate to actual income tax provision is as follows: Years ended December 31, 2024 2023 2022 Tax at statutory rate $ (502 ) $ 98,154 $ 124,636 State income taxes, net of U.S. federal tax benefit (301 ) (1,487 ) 3,038 Effect of foreign operations (962 ) 9,260 13,422 Impairment of goodwill 13,962 - - Tax on earnings not indefinitely reinvested 9,016 37,061 71,141 Change in valuation allowance on deferred tax assets - (1,770 ) (58,696 ) Foreign income taxable in the U.S. 16,571 11,829 14,925 Foreign tax credit (11,506 ) (29,997 ) (20,408 ) U.S. Base Erosion Anti-Abuse Tax 1,063 16,837 20,918 Other 25 2,002 (5,954 ) Total income tax expense $ 27,366 $ 141,889 $ 163,022
Net operating loss carryforwards	At December 31, 2024, the Company had the following significant net operating loss carryforwards for tax purposes: Expires Belgium $ 144,966 No expiration Israel 3,576 No expiration Italy 8,356 No expiration Japan 3,592 2025 2033 Netherlands 9,452 No expiration The Republic of China (Taiwan) 7,676 2027 2028 United Kingdom 76,940 No expiration California 15,841 2028 2037 Pennsylvania 497,048 2025 2044 Arizona 15,999 2032 2044
Summary of significant tax credit carryforwards available	At December 31, 2024, the Company had the following significant tax credit carryforwards available: Expires U.S. Foreign Tax Credit $ 42,425 2028 2034 California Research Credit 22,822 No expiration
Unrecognized tax benefits	The following table summarizes changes in the liabilities associated with unrecognized tax benefits: Years ended December 31, 2024 2023 2022 Balance at beginning of year $ 12,857 $ 18,429 $ 26,719 Addition based on tax positions related to the current year 922 1,210 - Addition based on tax positions related to prior years 19,905 5,455 3,197 Currency translation adjustments (185 ) 230 (366 ) Reduction for settlements - (10,000 ) (9,420 ) Reduction for lapses of statute of limitation (999 ) (2,467 ) (1,701 ) Balance at end of year $ 32,500 $ 12,857 $ 18,429

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Long-Term Debt [Abstract]
Long-term debt instruments	Long-term debt consists of the following: December 31, 2024 December 31, 2023 Credit Facility $ 136,000 $ - Convertible senior notes, due 2025 41,911 95,102 Convertible senior notes, due 2030 750,000 750,000 Deferred financing costs (22,892 ) (26,914 ) 905,019 818,188 Less current portion - - $ 905,019 $ 818,188
Key terms of the convertible debt instruments	The following table summarizes some key facts and terms regarding the outstanding convertible senior notes as of December 31, 2024: Due 2025 Due 2030 Issuance date June 12, 2018 September 12, 2023 Maturity date June 15, 2025 September 15, 2030 Principal amount $ 41,911 $ 750,000 Cash coupon rate (per annum) 2.25 % 2.25% Conversion rate effective December 3, 2024 (per $1 principal amount) 32.2205 33.1609 Effective conversion price effective December 3, 2024 (per share) $ 31.04 $ 30.16 130% of the conversion price (per share) $ 40.35 $ 39.21

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2024
Stockholders' Equity [Abstract]
Shares of common stock reserved for future issuance	At December 31, 2024, the Company had reserved shares of common stock for future issuance as follows: Restricted stock units outstanding, assuming performance-based awards at maximum 3,003,000 Phantom stock units outstanding 128,000 2023 Long-Term Incentive Plan - available to grant 3,530,000 Convertible senior notes, due 2025 1,350,394 Convertible senior notes, due 2030 24,870,675 Conversion of Class B common stock 12,097,148 Total 44,979,217
Stockholder return policy [Table Text Block]	The following table summarizes activity pursuant to this policy: Years ended December 31, 2024 2023 Dividends paid to stockholders $ 54,672 $ 55,626 Stock repurchases 50,406 78,684 Total $ 105,078 $ 134,310

Other Income (Expense) (Tables)

Other Income (Expense) (Tables)	12 Months Ended
	Dec. 31, 2024
Details of Expenses [Abstract]
Summary of other Income (expense)	The caption “Other” on the accompanying consolidated statements of operations consists of the following: Years ended December 31, 2024 2023 2022 Foreign exchange gain $ 774 $ 677 $ 5,690 Interest income 25,479 31,353 7,560 Other components of periodic pension expense (7,899 ) (8,730 ) (11,090 ) Investment income (expense) (519 ) 1,347 (6,812 ) Other 1,629 616 (200 ) $ 19,464 $ 25,263 $ (4,852 )

Other Accrued Expenses (Tables)

Other Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2024
Other Accrued Expenses [Abstract]
Summary of Other Accrued Expenses	Other accrued expenses consist of the following: December 31, 2024 2023 Sales returns and allowances $ 43,445 $ 47,760 Goods received, not yet invoiced 40,577 44,657 Accrued VAT taxes payable 43,861 56,218 Other 136,588 90,715 $ 264,471 $ 239,350
Sales Returns and Allowances Accrual Activity	Sales returns and allowances accrual activity is shown below: Years Ended December 31, 2024 2023 2022 Beginning balance $ 47,760 $ 46,979 $ 39,759 Sales returns and allowances 88,775 101,696 102,640 Credits issued (92,438 ) (101,324 ) (94,682 ) Foreign currency (652 ) 409 (738 ) Ending balance $ 43,445 $ 47,760 $ 46,979

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss) [Abstract]
Summary of components of other comprehensive income	The cumulative balance of each component of other comprehensive income (loss) and the income tax effects allocated to each component are as follows: Pension and other post- retirement actuarial items Currency translation adjustment Total Balance at January 1, 2022 $ (58,908 ) $ 38,656 $ (20,252 ) Other comprehensive income before reclassifications 60,949 (41,885 ) $ 19,064 Tax effect (15,783 ) - $ (15,783 ) Other comprehensive income before reclassifications, net of tax 45,166 (41,885 ) $ 3,281 Amounts reclassified out of AOCI 8,260 - $ 8,260 Tax effect (2,116 ) - $ (2,116 ) Amounts reclassified out of AOCI, net of tax 6,144 - $ 6,144 Net comprehensive income (loss) $ 51,310 $ (41,885 ) $ 9,425 Balance at December 31, 2022 $ (7,598 ) $ (3,229 ) $ (10,827 ) Other comprehensive income before reclassifications (10,338 ) 28,165 $ 17,827 Tax effect 2,462 - $ 2,462 Other comprehensive income before reclassifications, net of tax (7,876 ) 28,165 $ 20,289 Amounts reclassified out of AOCI 1,181 - $ 1,181 Tax effect (306 ) - $ (306 ) Amounts reclassified out of AOCI, net of tax 875 - $ 875 Net comprehensive income (loss) $ (7,001 ) $ 28,165 $ 21,164 Balance at December 31, 2023 $ (14,599 ) $ 24,936 $ 10,337 Other comprehensive income before reclassifications 4,062 (49,272 ) $ (45,210 ) Tax effect (1,794 ) - $ (1,794 ) Other comprehensive income before reclassifications, net of tax 2,268 (49,272 ) $ (47,004 ) Amounts reclassified out of AOCI 1,568 - $ 1,568 Tax effect (193 ) - $ (193 ) Amounts reclassified out of AOCI, net of tax 1,375 - $ 1,375 Net comprehensive income (loss) $ 3,643 $ (49,272 ) $ (45,629 ) Balance at December 31, 2024 $ (10,956 ) $ (24,336 ) $ (35,292 )

Pensions and Other Postretire_2

Pensions and Other Postretirement Benefits (Tables)	12 Months Ended
	Dec. 31, 2024
Defined Benefit Plan Disclosure [Line Items]
Retirement Plan amounts recorded on consolidated balance sheets	The following table summarizes amounts recorded on the accompanying consolidated balance sheets associated with these various retirement benefit plans: December 31, 2024 2023 Included in "Other assets": Non-U.S. pension plans $ 1,216 $ 3,929 Total included in other assets $ 1,216 $ 3,929 Included in "Payroll and related expenses": U.S. pension plans $ (880 ) $ (1,474 ) Non-U.S. pension plans (6,720 ) (7,149 ) U.S. other postretirement plans (520 ) (510 ) Non-U.S. other postretirement plans (799 ) (390 ) Total included in payroll and related expenses $ (8,919 ) $ (9,523 ) Accrued pension and other postretirement costs: U.S. pension plans $ (27,758 ) $ (29,217 ) Non-U.S. pension plans (125,719 ) (144,276 ) U.S. other postretirement plans (3,418 ) (3,750 ) Non-U.S. other postretirement plans (6,287 ) (7,173 ) Other retirement obligations (10,518 ) (11,087 ) Total accrued pension and other postretirement costs $ (173,700 ) $ (195,503 ) Accumulated other comprehensive loss: U.S. pension plans $ 11 $ (522 ) Non-U.S. pension plans 18,861 24,891 U.S. other postretirement plans (1,329 ) (1,527 ) Non-U.S. other postretirement plans 1,158 1,488 Total accumulated other comprehensive loss* $ 18,701 $ 24,330 * - Amounts included in accumulated other comprehensive loss are presented in this table pre-tax
Defined Benefit Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Reconciliation of benefit obligation, plan assets, and funded status	The following table sets forth a reconciliation of the benefit obligation, plan assets, and funded status related to U.S. and non-U.S. pension plans: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Change in benefit obligation: Benefit obligation at beginning of year $ 30,691 $ 210,783 $ 37,221 $ 203,541 Service cost - 3,121 - 3,063 Interest cost 1,525 6,698 1,997 7,346 Plan amendments - 44 - (15 ) Actuarial (gains) losses (425 ) 1,719 (272 ) 8,835 Benefits paid (3,153 ) (14,508 ) (8,255 ) (17,160 ) Curtailments and settlements - (98 ) - (27 ) Currency translation - (12,068 ) - 5,200 Benefit obligation at end of year $ 28,638 $ 195,691 $ 30,691 $ 210,783 Change in plan assets: Fair value of plan assets at beginning of year $ - $ 63,287 $ - $ 65,620 Actual return on plan assets - 5,504 - 1,976 Company contributions 3,153 13,311 8,255 12,161 Benefits paid (3,153 ) (14,509 ) (8,255 ) (17,160 ) Currency translation - (3,125 ) - 690 Fair value of plan assets at end of year $ - $ 64,468 $ - $ 63,287 Funded status at end of year $ (28,638 ) $ (131,223 ) $ (30,691 ) $ (147,496 )
Amounts recognized in consolidated balance sheet	Amounts recognized in the accompanying consolidated balance sheets consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Other assets $ - $ 1,216 $ - $ 3,929 Accrued benefit liability - current (880 ) (6,720 ) (1,474 ) (7,149 ) Accrued benefit liability - non-current (27,758 ) (125,719 ) (29,217 ) (144,276 ) Accumulated other comprehensive loss 11 18,861 (522 ) 24,891 $ (28,627 ) $ (112,362 ) $ (31,213 ) $ (122,605 )
Components of actuarial items	Actuarial items consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Unrecognized net actuarial (gain) loss $ 11 $ 18,161 $ (588 ) $ 24,094 Unamortized prior service cost - 700 66 797 $ 11 $ 18,861 $ (522 ) $ 24,891
Projected and accumulated benefit obligations	The following table sets forth additional information regarding the projected and accumulated benefit obligations: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Accumulated benefit obligation, all plans $ 28,638 $ 180,542 $ 30,691 $ 194,361 Plans for which the accumulated benefit obligation exceeds plan assets: Projected benefit obligation $ 28,638 $ 129,686 $ 30,691 $ 146,898 Accumulated benefit obligation 28,638 128,182 30,691 144,213 Fair value of plan assets - - - 3,032
Components of the net periodic benefit costs	The following table sets forth the components of net periodic pension cost: Years ended December 31, 2024 2023 2022 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Service cost $ - $ 3,121 $ - $ 3,063 $ - $ 4,199 Interest cost 1,525 6,698 1,997 7,346 1,122 3,200 Expected return on plan assets - (2,347 ) - (2,270 ) - (1,725 ) Amortization of actuarial (gains) losses (1,026 ) 1,799 175 345 1,523 4,760 Amortization of prior service cost 66 597 144 195 144 216 Curtailment and settlement losses - 290 - 546 - 1,190 Net periodic pension cost $ 565 $ 10,158 $ 2,316 $ 9,225 $ 2,789 $ 11,840
Weighted average assumptions used	The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years: 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.50 % 3.43 % 5.25 % 3.36 % Rate of compensation increase 0.00 % 3.37 % 0.00 % 3.12 % The following weighted average assumptions were used to determine the net periodic pension costs: Years ended December 31, 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.25 % 3.36 % 5.50 % 3.57 % Rate of compensation increase 0.00 % 3.12 % 0.00 % 2.60 % Expected return on plan assets 0.00 % 3.41 % 0.00 % 4.11 %
Estimated future benefit payments	Estimated future benefit payments are as follows: U.S. Plans Non-U.S. Plans 2025 $ 3,377 $ 15,486 2026 1,985 16,191 2027 1,973 13,770 2028 8,343 14,012 2029 3,099 14,799 2030-2035 8,990 68,871
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Reconciliation of benefit obligation, plan assets, and funded status	The following table sets forth a reconciliation of the benefit obligation, plan assets, and accrued benefit cost related to U.S. and non-U.S. non-pension defined benefit postretirement plans: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Change in benefit obligation: Benefit obligation at beginning of year $ 4,260 $ 7,563 $ 4,328 $ 6,715 Service cost 21 241 21 221 Interest cost 210 245 225 251 Actuarial (gains) losses (43 ) (169 ) 183 801 Benefits paid (510 ) (344 ) (497 ) (681 ) Currency translation - (450 ) - 256 Benefit obligation at end of year $ 3,938 $ 7,086 $ 4,260 $ 7,563 Fair value of plan assets at end of year $ - $ - $ - $ - Funded status at end of year $ (3,938 ) $ (7,086 ) $ (4,260 ) $ (7,563 )
Amounts recognized in consolidated balance sheet	Amounts recognized in the accompanying consolidated balance sheets consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Accrued benefit liability - current $ (520 ) $ (799 ) $ (510 ) $ (390 ) Accrued benefit liability - non-current (3,418 ) (6,287 ) (3,750 ) (7,173 ) Accumulated other comprehensive (income) loss (1,329 ) 1,158 (1,527 ) 1,488 $ (5,267 ) $ (5,928 ) $ (5,787 ) $ (6,075 )
Components of actuarial items	Actuarial items consist of the following: December 31, 2024 December 31, 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Unrecognized net actuarial loss (gain) $ (1,329 ) $ 1,158 $ (1,527 ) $ 1,488 $ (1,329 ) $ 1,158 $ (1,527 ) $ 1,488
Components of the net periodic benefit costs	The following table sets forth the components of net periodic benefit cost: Years ended December 31, 2024 2023 2022 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Service cost $ 21 $ 241 $ 21 $ 221 $ 39 $ 237 Interest cost 210 245 225 251 178 55 Amortization of actuarial (gains) losses (240 ) 82 (321 ) 8 342 85 Curtailment and settlement losses - - - 89 - - Net periodic benefit cost (benefit) $ (9 ) $ 568 $ (75 ) $ 569 $ 559 $ 377
Weighted average assumptions used	The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years: 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.50 % 3.25 % 5.25 % 3.40 % Rate of compensation increase 0.00 % 3.50 % 0.00 % 4.00 % The following weighted average assumptions were used to determine the net periodic benefit costs: Years ended December 31, 2024 2023 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Discount rate 5.25 % 3.40 % 5.50 % 3.86 % Rate of compensation increase 0.00 % 4.00 % 0.00 % 4.19 %
Estimated future benefit payments	Estimated future benefit payments are as follows: U.S. Plans Non-U.S. Plans 2025 $ 520 $ 799 2026 491 188 2027 449 1,409 2028 434 623 2029 401 474 2030-2035 1,461 4,802

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2024
Stock-Based Compensation [Abstract]
Summary of recognized stock-based compensation expense	The following table summarizes share-based compensation expense recognized: Years ended December 31, 2024 2023 2022 Restricted stock units $ 20,803 $ 16,425 $ 6,323 Phantom stock units 118 107 222 Total $ 20,921 $ 16,532 $ 6,545
Summary of unrecognized compensation cost and weighted average remaining amortization periods	The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at December 31, 2024 (amortization periods in years) Unrecognized Compensation Cost Weighted Average Remaining Amortization Periods Restricted stock units $ 25,410 2.2 Phantom stock units - - Total $ 25,410
Restricted stock units activity	RSU activity is presented below (number of RSUs in thousands) Years ended December 31, 2024 2023 2022 Number of RSUs Weighted Average Grant-date Fair Value Number of RSUs Weighted Average Grant-date Fair Value Number of RSUs Weighted Average Grant-date Fair Value Outstanding: Beginning of year 1,717 $ 23.03 894 $ 19.73 877 $ 20.08 Granted* 1,665 20.39 1,180 24.34 336 19.13 Vested** (613 ) 22.95 (342 ) 18.86 (306 ) 20.04 Cancelled or forfeited (141 ) 23.14 (15 ) 24.83 (13 ) 20.50 End of year 2,628 $ 21.37 1,717 $ 23.03 894 $ 19.73 Expected to vest 1,876 1,702 894 * Employees in certain countries are granted equity-linked awards that will be settled in cash and are accounted for as liability awards. The liability awards are not material. The number of RSUs granted excludes these awards. ** The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.
RSUs with performance-based vesting criteria	RSUs with performance-based and market-based vesting criteria are expected to vest as follows (number of RSUs in thousands) Vesting Date Expected to Vest Not Expected to Vest Total January 1, 2025*** 168 - 168 January 1, 2026 - 167 167 January 1, 2027 - 585 585 March 1, 2029 175 - 175 *** The performance vesting criteria for the performance-based RSUs with a vesting date of January 1, 2025 were achieved.
Phantom stock units activity under the 2007 Program	The following table summarizes the Company’s phantom stock units activity (number of phantom stock units in thousands) Years ended December 31, 2024 2023 2022 Number of Phantom Stock Units Grant-date Fair Value per Unit Number of Phantom Stock Units Grant-date Fair Value per Unit Number of Phantom Stock Units Grant-date Fair Value per Unit Outstanding: Beginning of year 120 226 212 Granted 5 $ 23.51 5 $ 21.48 10 $ 22.20 Dividend equivalents issued 3 2 4 Redeemed for common stock* - (113 ) - End of year 128 120 226 * The number of phantom stock units redeemed for common stock includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.

Current Vulnerability Due to _2

Current Vulnerability Due to Certain Concentrations (Tables)	12 Months Ended
	Dec. 31, 2024
Geographic Concentration [Member]
Concentration Risk [Line Items]
Current Vulnerability Due to Certain Concentrations	As of December 31, 2024, the Company’s cash and cash equivalents and short-term investments were concentrated in the following countries: The Republic of China (Taiwan) 20.7 % Singapore 18.6 % People's Republic of China 17.1 % Israel 13.8 % United States 10.0 % Germany 8.4 % Other Asia 6.5 % Other Europe 3.3 % Other 1.6 %
Credit Concentration Risk [Member]
Concentration Risk [Line Items]
Current Vulnerability Due to Certain Concentrations	As of December 31, 2024, the following financial institutions held over 10% of the Company’s combined cash and cash equivalents and short-term investments balance: JPMorgan* 23.3 % MUFG Bank Ltd.* 21.2 % Bank Leumi* 11.2 % HSBC* 11.0 % *Participant in Credit Facility

Segment and Geographic Data (Ta

Segment and Geographic Data (Tables)	12 Months Ended
	Dec. 31, 2024
Segment and Geographic Data [Abstract]
Segment reporting information	The following tables set forth business segment information: MOSFETs Diodes Optoelectronic Components Resistors Inductors Capacitors Corporate / Other Total Year ended December 31, 2024: Net revenues $ 601,979 $ 581,975 $ 212,368 $ 725,614 $ 356,355 $ 459,296 $ - $ 2,937,587 Cost of products sold (excluding depreciation) $ 465,536 $ 414,893 $ 158,742 $ 524,808 $ 231,456 $ 330,460 $ - $ 2,125,895 Depreciation expense in cost of products sold 49,342 45,920 15,374 41,848 17,819 15,097 - 185,400 Total cost of products sold 514,878 460,813 174,116 566,656 249,275 345,557 - 2,311,295 Gross profit 87,101 121,162 38,252 158,958 107,080 113,739 - 626,292 Segment operating expenses $ 80,243 $ 25,281 $ 21,393 $ 33,217 $ 14,818 $ 23,469 $ - $ 198,421 Segment operating income $ 6,858 $ 95,881 $ 16,859 $ 125,741 $ 92,262 $ 90,270 $ - $ 427,871 Total depreciation expense $ 51,301 $ 47,099 $ 15,784 $ 42,568 $ 17,940 $ 15,293 $ 8,976 $ 198,961 Capital expenditures 224,998 29,534 10,451 30,301 6,339 13,609 4,847 320,079 Total assets as of December 31, 2024 $ 1,033,555 $ 724,603 $ 346,866 $ 958,985 $ 342,286 $ 430,871 $ 273,530 $ 4,110,696 Year ended December 31, 2023: Net revenues $ 778,754 $ 690,540 $ 243,146 $ 843,472 $ 347,392 $ 498,741 $ - $ 3,402,045 Cost of products sold (excluding depreciation) $ 485,086 $ 471,088 $ 164,791 $ 566,640 $ 220,090 $ 358,120 $ - $ 2,265,815 Depreciation expense in cost of products sold 34,282 43,831 16,129 38,404 14,888 14,203 - 161,737 Total cost of products sold 519,368 514,919 180,920 605,044 234,978 372,323 - 2,427,552 Gross profit 259,386 175,621 62,226 238,428 112,414 126,418 - 974,493 Segment operating expenses $ 63,593 $ 22,159 $ 19,263 $ 29,003 $ 12,730 $ 21,433 $ - $ 168,181 Segment operating income $ 195,793 $ 153,462 $ 42,963 $ 209,425 $ 99,684 $ 104,985 $ - $ 806,312 Total depreciation expense $ 35,965 $ 44,904 $ 16,496 $ 39,781 $ 14,963 $ 14,269 $ 8,079 $ 174,457 Capital expenditures 132,543 62,185 23,228 67,085 10,767 21,914 11,688 329,410 Total assets as of December 31, 2023 $ 702,299 $ 852,703 $ 352,984 $ 946,585 $ 365,111 $ 459,653 $ 560,588 $ 4,239,923 Year ended December 31, 2022: Net revenues $ 762,260 $ 765,220 $ 296,384 $ 832,806 $ 331,086 $ 509,645 $ - $ 3,497,401 Cost of products sold (excluding depreciation) $ 458,283 $ 528,278 $ 179,848 $ 536,514 $ 211,969 $ 371,766 $ 6,661 $ 2,293,319 Depreciation expense in cost of products sold 29,479 38,837 13,749 34,220 14,768 14,040 - 145,093 Total cost of products sold 487,762 567,115 193,597 570,734 226,737 385,806 6,661 2,438,412 Gross profit 274,498 198,105 102,787 262,072 104,349 123,839 (6,661 ) 1,058,989 Segment operating expenses $ 45,806 $ 21,683 $ 17,331 $ 26,813 $ 10,896 $ 19,029 $ - $ 141,558 Segment operating income $ 228,692 $ 176,422 $ 85,456 $ 235,259 $ 93,453 $ 104,810 $ (6,661 ) $ 917,431 Total depreciation expense $ 30,551 $ 40,014 $ 14,065 $ 34,903 $ 14,927 $ 14,286 $ 7,118 $ 155,864 Capital expenditures 90,297 69,126 27,776 76,702 35,102 15,214 11,091 325,308 Total assets as of December 31, 2022 $ 672,048 $ 814,017 $ 385,388 $ 861,870 $ 322,893 $ 496,924 $ 312,513 $ 3,865,653
Operating margin reconciliation	Years ended December 31, 2024 2023 2022 Reconciliation: Segment Operating Income $ 427,871 $ 806,312 $ 917,431 Restructuring and Severance Costs (40,614 ) - - Impairment of Goodwill (66,487 ) - - Impact of COVID-19 Pandemic on Selling, General, and Administrative Expenses - - (546 ) Unallocated Selling, General, and Administrative Expenses (315,143 ) (320,168 ) (301,399 ) Consolidated Operating Income (Loss) $ 5,627 $ 486,144 $ 615,486 Unallocated Other Income (Expense) (8,016 ) (18,742 ) (21,981 ) Consolidated Income (Loss) Before Taxes $ (2,389 ) $ 467,402 $ 593,505
Disaggregation of Revenue	The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors. The distribution of sales by customer type is shown below: Years Ended December 31, 2024 2023 2022 Distributors $ 1,578,172 $ 1,798,291 $ 2,019,842 OEMs 1,156,852 1,378,065 1,229,114 EMS companies 202,563 225,689 248,445 $ 2,937,587 $ 3,402,045 $ 3,497,401 Net revenues were attributable to customers in the following regions: Years Ended December 31, 2024 2023 2022 Asia $ 1,149,138 $ 1,255,563 $ 1,347,893 Europe 1,029,901 1,255,652 1,146,898 Americas 758,548 890,830 1,002,610 $ 2,937,587 $ 3,402,045 $ 3,497,401 Note 15 – Segment and Geographic Data (continued) The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, military and aerospace, medical, power supplies, telecommunications, consumer products, and computing end markets. Sales by end market are presented below: Years Ended December 31, 2024 2023 2022 Industrial $ 992,192 $ 1,216,078 $ 1,377,043 Automotive 1,097,713 1,202,923 1,067,499 Military and Aerospace 325,318 271,871 215,078 Medical 147,845 152,611 133,808 Other* 374,519 558,562 703,973 $ 2,937,587 $ 3,402,045 $ 3,497,401 *Power supplies, telecommunications, consumer products, and computing
Revenues Based on Geographic Area	The following table summarizes net revenues based on revenues generated by subsidiaries located within the identified geographic area: Years ended December 31, 2024 2023 2022 United States $ 761,218 $ 879,734 $ 974,503 Germany 871,479 1,076,812 1,005,796 Other Europe 148,055 151,160 142,454 Israel 22,517 29,560 25,844 Asia 1,134,318 1,264,779 1,348,804 $ 2,937,587 $ 3,402,045 $ 3,497,401
Property and Equipment Based on Geographic Area	The following table summarizes property and equipment based on physical location: December 31, 2024 2023 United States $ 149,487 $ 162,428 Germany 359,430 305,504 United Kingdom 214,838 755 Other Europe 137,109 147,891 Israel 109,277 98,800 People's Republic of China 236,068 250,209 Republic of China (Taiwan) 204,757 207,515 Other Asia 119,236 108,055 Other 15,536 13,489 $ 1,545,738 $ 1,294,646

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings per Share	The following table sets forth the computation of basic and diluted earnings per share attributable to Vishay stockholders (shares in thousands) Years ended December 31, 2024 2023 2022 Numerator: Net earnings (loss) attributable to Vishay stockholders $ (31,150 ) $ 323,820 $ 428,810 Denominator: Denominator for basic earnings (loss) per share: Weighted average shares 136,838 139,318 143,176 Outstanding phantom stock units 126 129 223 Adjusted weighted average shares - basic 136,964 139,447 143,399 Effect of dilutive securities: Restricted stock units - 799 516 Dilutive potential common shares - 799 516 Denominator for diluted earnings (loss) per share: Adjusted weighted average shares - diluted 136,964 140,246 143,915 Basic earnings (loss) per share attributable to Vishay stockholders $ (0.23 ) $ 2.32 $ 2.99 Diluted earnings (loss) per share attributable to Vishay stockholders $ (0.23 ) $ 2.31 $ 2.98
Weighted Average Potential Common Shares that Would have an Antidilutive Effect or have Unsatisfied Performance Conditions	Diluted earnings per share for the years presented do not reflect the following weighted average potential common shares, as the effect would be antidilutive (in thousands) Years ended December 31, 2024 2023 2022 Restricted stock units 2,423 82 251

Additional Cash Flow Informat_2

Additional Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2024
Additional Cash Flow Information [Abstract]
Changes in operating assets and liabilities	Changes in operating assets and liabilities, net of effects of businesses acquired, consist of the following : Years ended December 31, 2024 2023 2022 Accounts receivable $ 17,525 $ (3,717 ) $ (26,696 ) Inventories (78,496 ) (58,758 ) (119,595 ) Prepaid expenses and other current assets 45,611 (42,005 ) (11,380 ) Accounts payable 22,806 743 (61,665 ) Other current liabilities (75,562 ) (58,120 ) 77,223 Net change in operating assets and liabilities $ (68,116 ) $ (161,857 ) $ (142,113 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value Measurements [Abstract]
Financial Assets and Liabilities Carried at Fair Value Measured on Recurring Basis	The following table provides the financial assets and liabilities carried at fair value measured on a recurring basis: Total Fair Value Level 1 Level 2 Level 3 December 31, 2024 Assets: Assets held in rabbi trusts $ 53,508 $ 24,518 $ 28,990 $ - Available for sale securities $ 4,043 4,043 - - Non - U.S. Defined Benefit Pension Plan Assets: Equity securities $ 4,174 4,174 - - Fixed income securities $ 23,991 23,991 - - Cash $ 36,303 36,303 - - $ 122,019 $ 93,029 $ 28,990 $ - Liability: Acquisitions contingent consideration $ 3,801 - - 3,801 December 31, 2023 Assets: Assets held in rabbi trusts $ 50,378 $ 24,343 $ 26,035 $ - Available for sale securities $ 4,115 4,115 - - Non - U.S. Defined Benefit Pension Plan Assets: Equity securities $ 3,925 3,925 - $ - Fixed income securities $ 21,232 21,232 - - Cash $ 38,130 38,130 - - $ 117,780 $ 91,745 $ 26,035 $ - Liability: MaxPower acquisition contingent consideration $ 938 - - 938

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Other Intangible Assets [Abstract]
Goodwill Rollforward	The changes in the carrying amount of goodwill by segment for the years ended December 31, 2024 and 2023 were as follows: MOSFETs Optoelectronic Components Resistors Inductors Capacitors Total Balance at December 31, 2022 $ 36,885 $ 96,849 $ 41,883 $ 25,815 $ - $ 201,432 Centerline acquisition - - 2,213 - - 2,213 Purchase price allocation adjustment (2,639 ) - - - - (2,639 ) Exchange rate effects - - 410 - - 410 Balance at December 31, 2023 $ 34,246 $ 96,849 $ 44,506 $ 25,815 $ - $ 201,416 Newport acquisition 32,241 - - - - 32,241 Ametherm acquisition - - 11,685 - - 11,685 Birkelbach acquisition - - - - 777 777 Impairment of goodwill (66,487 ) - - - - (66,487 ) Exchange rate effects - - (627 ) - - (627 ) Balance at December 31, 2024 $ - $ 96,849 $ 55,564 $ 25,815 $ 777 $ 179,005
Other Intangible Assets	Other intangible assets are as follows: December 31, 2024 December 31, 2023 Intangible assets subject to amortization: Patents and acquired technology $ 23,160 $ 26,053 Capitalized software 62,158 62,360 Customer relationships 103,813 83,895 Tradenames 23,216 22,300 Other - 400 212,347 195,008 Accumulated amortization: Patents and acquired technology (7,316 ) (14,931 ) Capitalized software (55,476 ) (54,203 ) Customer relationships (45,053 ) (38,664 ) Tradenames (17,279 ) (14,610 ) Other - (267 ) (125,124 ) (122,675 ) Net intangible assets subject to amortization $ 87,223 $ 72,333
Estimated Annual Amortization Expense for Each of the Next Five Years	Estimated annual amortization expense of intangible assets on the balance sheet at December 31, 2024 for each of the next five years is as follows: 2025 $ 13,074 2026 12,267 2027 9,319 2028 8,346 2029 8,121

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Obligation	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Summary of Significant Accounting Policies [Abstract]
Minimum ownership of entities that do not have a non-controlling interest (in hundredths)	100%
Revenue Recognition [Abstract]
Number of performance obligations | Obligation	2
Research and Development Expenses [Abstract]
Research and development expense	$ 120,126	$ 99,506	$ 81,182
Cash, Cash Equivalents, and Short-Term Investments [Abstract]
Minimum number of months until maturity from original purchase date for a highly liquid investment to be considered a short-term investment (in months)	3 months
Allowance for Doubtful Accounts [Abstract]
Bad debt expense	$ (214)	369	365
Property and Equipment [Abstract]
Estimated cost to complete construction in progress	496,100
Depreciation expense	198,961	174,457	$ 155,864
Goodwill and Other Intangible Assets [Abstract]
Indefinite-lived intangible assets	0	0
Self-Insurance Programs [Abstract]
Outstanding claim accrual	0	0
Cash and investments restricted for potential insurance claims	$ 12,001	$ 10,571
Maximum [Member]
Revenue Recognition [Abstract]
Payment terms of sales	90 days
Collection period of receivables	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | Maximum [Member]
Revenue Recognition [Abstract]
Expected timing of satisfaction of performance obligation	24 months
Machinery and Equipment [Member] | Minimum [Member]
Property and Equipment [Abstract]
Useful Life	7 years
Machinery and Equipment [Member] | Maximum [Member]
Property and Equipment [Abstract]
Useful Life	10 years
Building and Building Improvements [Member] | Minimum [Member]
Property and Equipment [Abstract]
Useful Life	20 years
Building and Building Improvements [Member] | Maximum [Member]
Property and Equipment [Abstract]
Useful Life	40 years
Patents and Acquired Technology [Member] | Minimum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	7 years
Patents and Acquired Technology [Member] | Maximum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	25 years
Capitalized Software [Member] | Minimum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	3 years
Capitalized Software [Member] | Maximum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	10 years
Customer Relationships [Member] | Minimum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	5 years
Customer Relationships [Member] | Maximum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	20 years
Noncompete agreements [Member] | Minimum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	3 years
Noncompete agreements [Member] | Maximum [Member]
Goodwill and Other Intangible Assets [Abstract]
Finite-Lived Intangible Assets, Useful Life	10 years

Acquisition and Divestiture A_3

Acquisition and Divestiture Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Mar. 05, 2024	Oct. 28, 2022
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Goodwill	$ 179,005	$ 201,416	$ 201,432
Ametherm [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business acquisition, effective date of acquisition	Jun. 05, 2024
Business acquisition, name of acquired entity	Ametherm, Inc.
Purchase price, net of cash acquired	$ 31,478
Definite-lived intangible assets	17,000
Goodwill related to acquisitions	$ 11,685
Birkelbach Kondensatortechnik GmbH [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business acquisition, effective date of acquisition	Dec. 17, 2024
Business acquisition, name of acquired entity	Birkelbach Kondensatortechnik GmbH
Purchase price, net of cash acquired	$ 15,839
Definite-lived intangible assets	7,168
Goodwill related to acquisitions	777
MaxPower Semiconductor, Inc. [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business acquisition, effective date of acquisition			Oct. 28, 2022
Business acquisition, name of acquired entity			MaxPower Semiconductor, Inc.
Purchase price, net of cash acquired			$ 50,000
Definite-lived intangible assets			18,600
Goodwill related to acquisitions			34,246
Fair value of contingent consideration					$ 6,851
Business combination, contingent consideration arrangements, range of outcomes, value, high	17,500		$ 57,500
Milestone payment	$ 2,500
Centerline [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business acquisition, effective date of acquisition		Jun. 30, 2023
Business acquisition, name of acquired entity		Centerline Technologies, LLC
Purchase price, net of cash acquired		$ 5,003
Definite-lived intangible assets		1,500
Goodwill related to acquisitions		$ 2,213
Newport wafer fab [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business acquisition, effective date of acquisition	Mar. 05, 2024
Business acquisition, name of acquired entity	Neptune 6 Limited
Purchase price, net of cash acquired	$ 177,457
Goodwill related to acquisitions	32,241
Fair value of contingent consideration	$ 15,000
Business acquisition, percentage of voting interests acquired	100%
Business Acquisition, Transaction Costs	$ 2,984
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Working Capital				$ (339)
Customer relationships				4,000
Property and equipment acquired				148,109
Other, net				1,315
Deferred taxes, net				(7,869)
Total identified assets and liabilities				145,216
Goodwill				$ 32,241

Restructuring and Related Act_3

Restructuring and Related Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Restructuring Reserve [Roll Forward]
Expense recorded in 2024	$ 40,614	$ 0	$ 0
Cash paid	(8,734)
Foreign currency translation	(1,292)
Balance at December 31, 2024	30,588
Restructuring reserve, current	16,070
Restructuring reserve, noncurrent	$ 14,518

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets and Liabilities [Abstract]
Right of use assets	$ 117,953	$ 126,829
Current lease liabilities	25,901	26,485
Long-term lease liabilities	94,218	102,830
Total lease liabilities	120,119	129,315
Lease expense [Abstract]
Operating lease expense	29,787	27,909	$ 25,606
Short-term lease expense	964	988	971
Variable lease expense	581	566	365
Total lease expense	31,332	29,463	26,942
Cash paid for operating leases	$ 29,744	28,164	$ 24,074
Weighted-average remaining lease term - operating leases	8 years 8 months 12 days
Weighted-average discount rate - operating leases	6.60%
Undiscounted future lease payments for operating lease liabilities [Abstract]
2025	$ 26,681
2026	22,803
2027	19,266
2028	15,724
2029	13,690
Thereafter	60,925
Building and Improvements [Member]
Assets and Liabilities [Abstract]
Right of use assets	112,528	121,578
Current lease liabilities	22,993	23,647
Long-term lease liabilities	91,772	100,489
Machinery and Equipment [Member]
Assets and Liabilities [Abstract]
Right of use assets	5,425	5,251
Current lease liabilities	2,908	2,838
Long-term lease liabilities	$ 2,446	$ 2,341

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Jun. 29, 2024	Dec. 31, 2023	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income (loss) from continuing operations before taxes and noncontrolling interests [Abstract]
Domestic				$ (172,519)	$ 67,938	$ 132,426
Foreign				170,130	399,464	461,079
Income (loss) before taxes				(2,389)	467,402	593,505
Current [Abstract]:
Federal				1,936	14,594	24,423
State and local				407	1,769	3,313
Foreign				63,537	152,343	121,810
Total current income tax expense				65,880	168,706	149,546
Deferred [Abstract]:
Federal				(24,492)	(4,871)	(40,136)
State and local				(788)	(3,651)	532
Foreign				(13,234)	(18,295)	53,080
Total deferred income tax expense				(38,514)	(26,817)	13,476
Total income tax expense				27,366	141,889	163,022
Deferred tax assets [Abstract]:
Pension and other retiree obligations		$ 29,400		27,779	29,400
Inventories		23,836		26,004	23,836
Net operating loss carryforwards		81,497		74,244	81,497
Tax credit carryforwards		54,363		67,192	54,363
Research and development costs		17,829		25,582	17,829
Interest		20,039		23,886	20,039
Other accruals and reserves		25,179		36,232	25,179
Total gross deferred tax assets		252,143		280,919	252,143
Less valuation allowance		(99,663)		(92,876)	(99,663)
Deferred tax assets, net		152,480		188,043	152,480
Deferred tax liabilities [Abstract]:
Property and equipment		(9,429)		(20,032)	(9,429)
Tax deductible goodwill		(7,040)		(7,889)	(7,040)
Intangible assets other than goodwill		(6,327)		(8,937)	(6,327)
Earnings not indefinitely reinvested		(88,004)		(78,977)	(88,004)
Other - net		(62)		(8,802)	(62)
Total gross deferred tax liabilities		(110,862)		(124,637)	(110,862)
Net deferred tax assets		41,618		63,406	41,618
Discrete Tax Items Repatriation						59,642
Tax effects of changes in uncertain tax positions						5,941
Reconciliation of income tax expense at federal statutory rate to actual income tax provision [Abstract]
Tax at statutory rate				(502)	98,154	124,636
State income taxes, net of U.S. federal tax benefit				(301)	(1,487)	3,038
Effect of foreign operations				(962)	9,260	13,422
Tax effect of impairment charges				13,962	0	0
Tax on earnings not indefinitely reinvested				9,016	37,061	71,141
Change in valuation allowance on deferred tax assets				0	(1,770)	(58,696)
Foreign income taxable in the U.S.				16,571	11,829	14,925
Foreign tax credit				(11,506)	(29,997)	(20,408)
U.S. Base Erosion Anti-Abuse Tax				1,063	16,837	20,918
Other				25	2,002	(5,954)
Total income tax expense				27,366	141,889	163,022
Discrete Tax Items - Release of Valuation Allowance						(33,669)
Net operating loss carryforwards [Abstract]
Discrete tax items included income tax expense						20,032
Available tax credit carryforwards [Abstract]
Discrete Tax Items Repatriation						(59,642)
Unremitted foreign earnings						360,000
Tax liability on unremitted foreign earnings				77,000
Income tax uncertainties [Abstract]
Cash repatriated during the current period	$ 120,000	325,000			0	81,243
Repatriation taxes paid	$ 15,000	63,600			0	25,201
Amount of TCJA tax first installment				37,622	27,670	14,757	$ 14,757	$ 14,757	$ 14,757	$ 14,757
Tax Cuts and Jobs Act of 2017 Tax Payment Final Installment Amount to be Paid			$ 47,027
Net income taxes paid (refunded)				136,784	224,232	134,199
Company accrued interest and penalties related to the unrecognized tax benefits		1,947		1,564	1,947
Company recognized interest and penalties.				303	821	376
Unrecognized tax benefits [Roll Forward]
Balance at beginning of year			$ 32,500	12,857	18,429	26,719
Addition based on tax positions related to the current year				922	1,210	0
Addition based on tax positions related to prior years				19,905	5,455	3,197
Currency translation adjustments				(185)		(366)
Currency translation adjustments					230
Reduction for settlements				0	(10,000)	(9,420)
Reduction for lapses of statute of limitation				(999)	(2,467)	(1,701)
Balance at end of year		$ 12,857		32,500	$ 12,857	$ 18,429	$ 26,719
Minimum [Member]
Available tax credit carryforwards [Abstract]
Decrease in Unrecognized Tax Benefits is Reasonably Possible				8,634
Maximum [Member]
Available tax credit carryforwards [Abstract]
Decrease in Unrecognized Tax Benefits is Reasonably Possible				8,744
Belgium [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				144,966
Germany [Member]
Available tax credit carryforwards [Abstract]
Unremitted foreign earnings				204,407
Israel [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				3,576
Available tax credit carryforwards [Abstract]
Unremitted foreign earnings				310,945
Italy [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				8,356
Japan [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 3,592
Japan [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2025
Japan [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2033
Netherlands [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 9,452
The Republic of China (Taiwan) [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 7,676
The Republic of China (Taiwan) [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2027
The Republic of China (Taiwan) [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2028
California [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 15,841
California [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2028
California [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2037
Pennsylvania [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 497,048
Pennsylvania [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2025
Pennsylvania [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2044
Arizona [Member]
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 15,999
Arizona [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2032
Arizona [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date NOL carryforward				Dec. 31, 2044
UNITED KINGDOM
Net operating loss carryforwards [Abstract]
Net operating loss carryforward				$ 76,940
Research Tax Credit [Member] | California [Member]
Net operating loss carryforwards [Abstract]
Tax credit carryforward, amount				22,822
Available tax credit carryforwards [Abstract]
Tax Credit Carryforward				22,822
U.S. Foreign Tax Credit [Member]
Net operating loss carryforwards [Abstract]
Tax credit carryforward, amount				42,425
Available tax credit carryforwards [Abstract]
Tax Credit Carryforward				$ 42,425
U.S. Foreign Tax Credit [Member] | Minimum [Member]
Net operating loss carryforwards [Abstract]
Expiration date tax credit carryforward				Dec. 31, 2028
U.S. Foreign Tax Credit [Member] | Maximum [Member]
Net operating loss carryforwards [Abstract]
Expiration date tax credit carryforward				Dec. 31, 2034

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Sep. 07, 2023
Debt Instruments [Abstract]
Credit facility	$ 136,000	$ 0
Deferred financing costs	(22,892)	(26,914)
Long-term debt	905,019	818,188
Less current portion	0	0
Long-term debt, less current portion	905,019	818,188
Stock price per share (in dollars per share)				$ 25.13
Gain (loss) on early extinguishment of debt	0	(18,874)	$ 0
Cash paid for capped call	0	$ 94,200	0
Cap price of capped call		$ 43.98
Interest expense [Abstract]
Non-cash interest expense	4,957	$ 3,735	3,272
Committed and uncommitted short-term credit lines	32,000	34,000
Aggregate annual maturities of long-term debt [Abstract]
Interest paid	$ 21,732	17,242	$ 13,739
Revolving Credit Facility [Member]
Line of Credit Facility [Abstract]
Line of credit facility, initiation date	May 08, 2023
Line of credit facility, maximum borrowing capacity	$ 750,000
Line of credit facility, expiration date	May 08, 2028
Incremental revolving commitments	$ 300,000
Basis spread on variable rate	2.10%
Commitment fees	0.35%
Investments pro forma ratio	2.75
Restricted payments pro forma ratio	2.5
Event of default - judgment limit	$ 50,000
Available borrowing capacity	467,245	748,578
Letters of credit outstanding	$ 2,062	1,422
Credit Facility Net Leverage Ratio Maximum	3.25
Credit facility foreign borrowing sublimit	$ 300,000
Credit facility maximum unrestricted cash leverage ratio adjustment	$ 250,000
Line Of Credit Facility, Amendment Date	Aug. 15, 2024
Credit facility minimum interest coverage ratio	3.25
Convertible Senior Notes, Due 2025 [Member]
Debt Instruments [Abstract]
Convertible debt	$ 41,911	95,102
Issuance date	Jun. 12, 2018
Maturity date	Jun. 15, 2025
Cash coupon rate	2.25%
Effective conversion rate	32.2205
Effective conversion price (in dollars per share)	$ 31.04
130% of the conversion price (in dollars per share)	$ 40.35
Debt instrument percentage of conversion price	130%
Maximum threshold of quarterly cash dividends per share of common stock for not adjusting conversion rate of convertible notes (in dollars per share)	$ 0.085
Purchase price of extinguished debt		386,745
Gain (loss) on early extinguishment of debt		(18,874)
Liability and equity components of convertible debentures [Abstract]
Principal amount of the convertible debt	$ 41,911
Interest expense [Abstract]
Principal amount of repurchased debt	53,191	370,242
Convertible Senior Notes, Due 2030 [Member]
Debt Instruments [Abstract]
Convertible debt	$ 750,000	$ 750,000
Issuance date	Sep. 12, 2023
Maturity date	Sep. 15, 2030
Cash coupon rate	2.25%
Effective conversion rate	33.1609
Effective conversion price (in dollars per share)	$ 30.16
130% of the conversion price (in dollars per share)	$ 39.21
Debt instrument percentage of conversion price	130%
Debt instrument, percentage of sale price of common stock	98%
Maximum threshold of quarterly cash dividends per share of common stock for not adjusting conversion rate of convertible notes (in dollars per share)	$ 0.1
Required minimum principal amount upon partial redemption	$ 100,000
Liability and equity components of convertible debentures [Abstract]
Principal amount of the convertible debt	$ 750,000

Stockholders' Equity (Details)

Stockholders' Equity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Vote shares	Dec. 31, 2023 USD ($) shares
Class of Stock [Line Items]
Shares reserved (in shares)	44,979,217
Stock repurchases | $	$ 50,406	$ 78,684
Dividends paid to stockholders | $	54,672	55,626
Total | $	$ 105,078	$ 134,310
Treasury stock, common shares (in shares)	9,933,595	7,535,881
Revolving Credit Facility [Member]
Class of Stock [Line Items]
Restricted payments (annual limit) | $	$ 100,000
Restricted payments (total limit) | $	300,000
Restricted payments (rollover limit) | $	$ 25,000
Restricted payments pro forma ratio	2.5
Restricted Stock Units Outstanding [Member]
Class of Stock [Line Items]
Shares reserved (in shares)	3,003,000
Phantom Stock Units Outstanding [Member]
Class of Stock [Line Items]
Shares reserved (in shares)	128,000
2023 Long-Term Incentive Plan - Available to Grant [Member]
Class of Stock [Line Items]
Shares reserved (in shares)	3,530,000
Convertible Senior Notes, Due 2025 [Member]
Class of Stock [Line Items]
Shares reserved (in shares)	1,350,394
Convertible Senior Notes, Due 2030 [Member]
Class of Stock [Line Items]
Shares reserved (in shares)	24,870,675
Class B Convertible Common Stock [Member]
Class of Stock [Line Items]
Voting rights per share | Vote	10
Conversion feature	one-for-one
Shares reserved (in shares)	12,097,148
Common Stock [Member]
Class of Stock [Line Items]
Voting rights per share | Vote	1

Other Income (Expense) (Details

Other Income (Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Foreign exchange gain	$ 774	$ 677	$ 5,690
Interest income	25,479	31,353	7,560
Other components of net periodic pension expense	(7,899)	(8,730)	(11,090)
Investment income (expense)	(519)	1,347	(6,812)
Other	1,629	616	(200)
Other Income (expense)	$ 19,464	$ 25,263	(4,852)
COVID-19 Impact on COGS			6,661
COVID-19 Impact on SGA			$ 546

Other Accrued Expenses (Details

Other Accrued Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Accrued Expenses [Abstract]
Sales returns and allowances	$ 43,445	$ 47,760
Goods received, not yet invoiced	40,577	44,657
Accrued VAT taxes payable	43,861	56,218
Other	136,588	90,715
Total other accrued expenses	264,471	239,350
Sales returns and allowances accrual activity [Roll Forward]
Beginning Balance	47,760	46,979	$ 39,759
Sales returns and allowances	88,775	101,696	102,640
Credits issued	(92,438)	(101,324)	(94,682)
Foreign currency	(652)	409	(738)
Ending Balance	$ 43,445	$ 47,760	$ 46,979

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 10,337
Other comprehensive income (loss)	(45,629)	$ 21,164	$ 9,425
Ending Balance	(35,292)	10,337
Pension and Other Post-Retirement Actuarial Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(14,599)	(7,598)	(58,908)
Other comprehensive income (loss) before reclassifications	4,062	(10,338)	60,949
Tax effect	(1,794)	2,462	(15,783)
Other comprehensive income before reclassifications, net of tax	2,268	(7,876)	45,166
Amounts reclassified out of AOCI	1,568	1,181	8,260
Tax effect	(193)	(306)	(2,116)
Amounts reclassified out of AOCI, net of tax	1,375	875	6,144
Other comprehensive income (loss)	3,643	(7,001)	51,310
Ending Balance	(10,956)	(14,599)	(7,598)
Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	24,936	(3,229)	38,656
Other comprehensive income (loss) before reclassifications	(49,272)	28,165	(41,885)
Tax effect	0	0	0
Other comprehensive income before reclassifications, net of tax	(49,272)	28,165	(41,885)
Amounts reclassified out of AOCI	0	0	0
Tax effect	0	0	0
Amounts reclassified out of AOCI, net of tax	0	0	0
Other comprehensive income (loss)	(49,272)	28,165	(41,885)
Ending Balance	(24,336)	24,936	(3,229)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	10,337	(10,827)	(20,252)
Other comprehensive income (loss) before reclassifications	(45,210)	17,827	19,064
Tax effect	(1,794)	2,462	(15,783)
Other comprehensive income before reclassifications, net of tax	(47,004)	20,289	3,281
Amounts reclassified out of AOCI	1,568	1,181	8,260
Tax effect	(193)	(306)	(2,116)
Amounts reclassified out of AOCI, net of tax	1,375	875	6,144
Other comprehensive income (loss)	(45,629)	21,164	9,425
Ending Balance	$ (35,292)	$ 10,337	$ (10,827)

Pensions and Other Postretire_3

Pensions and Other Postretirement Benefits (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2024 USD ($) Plan	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Included in other assets		$ 1,216	$ 3,929
Included in Payroll and related expenses		(8,919)	(9,523)
Accrued pension and other postretirement costs		(173,700)	(195,503)
Total actuarial items	[1]	18,701	24,330
Components of actuarial items [Abstract]
Total actuarial items	[1]	$ 18,701	24,330
Other postretirement benefits [Abstract]
Number of unfunded non-pension postretirement plans | Plan		2
Number of European subsidiaries with unfunded non-pension postretirement plans | Plan		2
Other retirement obligations [Abstract]
Company's matching expense for 401(k) savings plans		$ 7,915	7,641	$ 7,083
Deferred Compensation [Member]
Defined benefit pension plans [Abstract]
Assets held in trust		32,601	28,838
Non-qualified Pension Plans [Member]
Defined benefit pension plans [Abstract]
Assets held in trust		19,842	21,095
Defined Benefit Pension [Member] | U.S. Plans [Member]
Change in benefit obligation [Roll forward]
Benefit obligation at beginning of year		30,691	37,221
Service cost		0	0	0
Interest cost		1,525	1,997	1,122
Plan amendments		0	0
Actuarial (gains) losses		(425)	(272)
Benefits paid		(3,153)	(8,255)
Curtailments and settlements		0	0
Currency translation		0	0
Benefit obligation at end of year		28,638	30,691	37,221
Change in plan assets [Roll forward]
Fair value of plan assets at beginning of year		0	0
Actual return on plan assets		0	0
Company contributions		3,153	8,255
Benefits paid		(3,153)	(8,255)
Currency translation		0	0
Fair value of plan assets at end of year		0	0	0
Funded status at end of year		(28,638)	(30,691)
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Included in other assets		0	0
Included in Payroll and related expenses		(880)	(1,474)
Accrued pension and other postretirement costs		(27,758)	(29,217)
Total actuarial items		11	(522)
Total		(28,627)	(31,213)
Components of actuarial items [Abstract]
Unrecognized net actuarial loss (gain)		11	(588)
Unamortized prior service cost		0	66
Total actuarial items		11	(522)
Projected and accumulated benefit obligations [Abstract]
Accumulated benefit obligation, all plans		28,638	30,691
Plans for which the accumulated benefit obligation exceeds plan assets [Abstract]
Projected benefit obligation		28,638	30,691
Accumulated benefit obligation		28,638	30,691
Fair value of plan assets		0	0
Components of net periodic pension cost [Abstract]
Net service cost		0	0	0
Interest cost		1,525	1,997	1,122
Expected return on plan assets		0	0	0
Amortization of actuarial (gains) losses		(1,026)	175	1,523
Amortization of prior service cost		66	144	144
Curtailment and settlement losses		0	0	0
Net periodic benefit cost (benefit)		$ 565	$ 2,316	2,789
Weighted average assumptions used to calculate benefit obligations [Abstract]
Discount rate		5.50%	5.25%
Rate of compensation increase		0%	0%
Weighted average assumptions used calculating net periodic benefit cost [Abstract]
Discount rate		5.25%	5.50%
Rate of compensation increase		0%	0%
Expected return on plan assets		0%	0%
Estimated future benefit payments [Abstract]
2025		$ 3,377
2026		1,985
2027		1,973
2028		8,343
2029		3,099
2030-2035		8,990
Defined Benefit Pension [Member] | Non-U.S. Plans [Member]
Change in benefit obligation [Roll forward]
Benefit obligation at beginning of year		210,783	$ 203,541
Service cost		3,121	3,063	4,199
Interest cost		6,698	7,346	3,200
Plan amendments		44	(15)
Actuarial (gains) losses		1,719	8,835
Benefits paid		(14,508)	(17,160)
Curtailments and settlements		(98)	(27)
Currency translation		(12,068)	5,200
Benefit obligation at end of year		195,691	210,783	203,541
Change in plan assets [Roll forward]
Fair value of plan assets at beginning of year		63,287	65,620
Actual return on plan assets		5,504	1,976
Company contributions		13,311	12,161
Benefits paid		(14,509)	(17,160)
Currency translation		(3,125)	690
Fair value of plan assets at end of year		64,468	63,287	65,620
Funded status at end of year		(131,223)	(147,496)
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Included in other assets		1,216	3,929
Included in Payroll and related expenses		(6,720)	(7,149)
Accrued pension and other postretirement costs		(125,719)	(144,276)
Total actuarial items		18,861	24,891
Total		(112,362)	(122,605)
Components of actuarial items [Abstract]
Unrecognized net actuarial loss (gain)		18,161	24,094
Unamortized prior service cost		700	797
Total actuarial items		18,861	24,891
Projected and accumulated benefit obligations [Abstract]
Accumulated benefit obligation, all plans		180,542	194,361
Plans for which the accumulated benefit obligation exceeds plan assets [Abstract]
Projected benefit obligation		129,686	146,898
Accumulated benefit obligation		128,182	144,213
Fair value of plan assets		0	3,032
Components of net periodic pension cost [Abstract]
Net service cost		3,121	3,063	4,199
Interest cost		6,698	7,346	3,200
Expected return on plan assets		(2,347)	(2,270)	(1,725)
Amortization of actuarial (gains) losses		1,799	345	4,760
Amortization of prior service cost		597	195	216
Curtailment and settlement losses		290	546	1,190
Net periodic benefit cost (benefit)		$ 10,158	$ 9,225	11,840
Weighted average assumptions used to calculate benefit obligations [Abstract]
Discount rate		3.43%	3.36%
Rate of compensation increase		3.37%	3.12%
Weighted average assumptions used calculating net periodic benefit cost [Abstract]
Discount rate		3.36%	3.57%
Rate of compensation increase		3.12%	2.60%
Expected return on plan assets		3.41%	4.11%
Estimated future benefit payments [Abstract]
2025		$ 15,486
2026		16,191
2027		13,770
2028		14,012
2029		14,799
2030-2035		68,871
Other Postretirement Benefits [Member] | U.S. Plans [Member]
Change in benefit obligation [Roll forward]
Benefit obligation at beginning of year		4,260	$ 4,328
Service cost		21	21	39
Interest cost		210	225	178
Actuarial (gains) losses		(43)	183
Benefits paid		(510)	(497)
Currency translation		0	0
Benefit obligation at end of year		3,938	4,260	4,328
Change in plan assets [Roll forward]
Fair value of plan assets at beginning of year		0
Fair value of plan assets at end of year		0	0
Funded status at end of year		(3,938)	(4,260)
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Included in Payroll and related expenses		(520)	(510)
Accrued pension and other postretirement costs		(3,418)	(3,750)
Total actuarial items		(1,329)	(1,527)
Total		(5,267)	(5,787)
Components of actuarial items [Abstract]
Unrecognized net actuarial loss (gain)		(1,329)	(1,527)
Total actuarial items		(1,329)	(1,527)
Components of net periodic pension cost [Abstract]
Net service cost		21	21	39
Interest cost		210	225	178
Amortization of actuarial (gains) losses		(240)	(321)	342
Curtailment and settlement losses		0	0	0
Net periodic benefit cost (benefit)		$ (9)	$ (75)	559
Weighted average assumptions used to calculate benefit obligations [Abstract]
Discount rate		5.50%	5.25%
Rate of compensation increase		0%	0%
Weighted average assumptions used calculating net periodic benefit cost [Abstract]
Discount rate		5.25%	5.50%
Rate of compensation increase		0%	0%
Estimated future benefit payments [Abstract]
2025		$ 520
2026		491
2027		449
2028		434
2029		401
2030-2035		1,461
Other Postretirement Benefits [Member] | Non-U.S. Plans [Member]
Change in benefit obligation [Roll forward]
Benefit obligation at beginning of year		7,563	$ 6,715
Service cost		241	221	237
Interest cost		245	251	55
Actuarial (gains) losses		(169)	801
Benefits paid		(344)	(681)
Currency translation		(450)	256
Benefit obligation at end of year		7,086	7,563	6,715
Change in plan assets [Roll forward]
Fair value of plan assets at beginning of year		0
Fair value of plan assets at end of year		0	0
Funded status at end of year		(7,086)	(7,563)
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Included in Payroll and related expenses		(799)	(390)
Accrued pension and other postretirement costs		(6,287)	(7,173)
Total actuarial items		1,158	1,488
Total		(5,928)	(6,075)
Components of actuarial items [Abstract]
Unrecognized net actuarial loss (gain)		1,158	1,488
Total actuarial items		1,158	1,488
Components of net periodic pension cost [Abstract]
Net service cost		241	221	237
Interest cost		245	251	55
Amortization of actuarial (gains) losses		82	8	85
Curtailment and settlement losses		0	89	0
Net periodic benefit cost (benefit)		$ 568	$ 569	$ 377
Weighted average assumptions used to calculate benefit obligations [Abstract]
Discount rate		3.25%	3.40%
Rate of compensation increase		3.50%	4%
Weighted average assumptions used calculating net periodic benefit cost [Abstract]
Discount rate		3.40%	3.86%
Rate of compensation increase		4%	4.19%
Estimated future benefit payments [Abstract]
2025		$ 799
2026		188
2027		1,409
2028		623
2029		474
2030-2035		4,802
Other Retirement Obligations [Member]
Amounts recognized in balance sheet associated with retirement benefit plans [Abstract]
Accrued pension and other postretirement costs		(10,518)	$ (11,087)
Dr. Felix Zandman [Member] | Non-qualified Pension Plans [Member]
Defined benefit pension plans [Abstract]
Assets held in trust		1,065	$ 445
Deferred compensation arrangement, annual retirement benefit to surviving spouse		$ 614
[1]Amounts included in accumulated other comprehensive loss are presented in this table pre-tax

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense recognized		$ 20,921	$ 16,532	$ 6,545
Unrecognized Compensation Cost		$ 25,410
2023 Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Expiration date of stock-based compensation plan		Mar. 24, 2033
Maximum number of shares authorized under restricted stock, unrestricted stock, RSU's and stock options to officers, employees and non-employee directors (in shares)		6,000,000
Exercisable (in shares)
Available for future grants (in shares)		3,530,000
Restricted stock units [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense recognized		$ 20,803	$ 16,425	$ 6,323
Unrecognized Compensation Cost		$ 25,410
Weighted Average Remaining Amortization Periods		2 years 2 months 12 days
Number of units [Abstract]
Balance (in shares)		1,717,000	894,000	877,000
Granted (in shares)	[1]	1,665,000	1,180,000	336,000
Vested (in shares)	[2]	(613,000)	(342,000)	(306,000)
Cancelled or forfeited (in shares)		(141,000)	(15,000)	(13,000)
Balance (in shares)		2,628,000	1,717,000	894,000
Expected to vest (in shares)		1,876,000	1,702,000	894,000
Weighted Average Grant-date Fair Value per Unit [Abstract]
Beginning balance, Weighted average grant-date fair value (in dollars per share)		$ 23.03	$ 19.73	$ 20.08
Granted, Weighted average grant-date fair value (in dollars per share)	[1]	20.39	24.34	19.13
Vested, Weighted average grant-date fair value (in dollars per share)	[2]	22.95	18.86	20.04
Cancelled or forfeited, Weighted average grant date fair value (in dollars per share)		23.14	24.83	20.5
Ending balance, Weighted average grant-date fair value (in dollars per share)		$ 21.37	$ 23.03	$ 19.73
Phantom Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Stock-based compensation expense recognized		$ 118	$ 107	$ 222
Unrecognized Compensation Cost		$ 0
Number of units [Abstract]
Balance (in shares)		120,000	226,000	212,000
Granted (in shares)		5,000	5,000	10,000
Dividend equivalents issued (in shares)		3,000	2,000	4,000
Redeemed for common stock (in shares)		0	(113,000)	0
Balance (in shares)		128,000	120,000	226,000
Weighted Average Grant-date Fair Value per Unit [Abstract]
Granted, Weighted average grant-date fair value (in dollars per share)		$ 23.51	$ 21.48	$ 22.2
Scheduled to Vest January 1, 2025 [Member] | Performance Vested Restricted Stock Units [Member]
Number of units [Abstract]
Balance (in shares)	[3]	168,000
Expected to vest (in shares)	[3]	168,000
Not expected to vest (in shares)	[3]	0
Scheduled to Vest January 1, 2026 [Member] | Performance Vested Restricted Stock Units [Member]
Number of units [Abstract]
Balance (in shares)		167,000
Expected to vest (in shares)		0
Not expected to vest (in shares)		167,000
Scheduled to Vest January 1, 2027 [Member] | Performance Vested Restricted Stock Units [Member]
Number of units [Abstract]
Balance (in shares)		585,000
Expected to vest (in shares)		0
Not expected to vest (in shares)		585,000
Scheduled to Vest March 1, 2029 [Member] | Performance Vested Restricted Stock Units [Member]
Number of units [Abstract]
Balance (in shares)		175,000
Expected to vest (in shares)		175,000
Not expected to vest (in shares)		0
[1]* Employees in certain countries are granted equity-linked awards that will be settled in cash and are accounted for as liability awards.  The liability awards are not material.  The number of RSUs granted excludes these awards.[2]** The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.[3]The performance vesting criteria for the performance-based RSUs with a vesting date of January 1, 2025 were achieved.

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Environmental Matters [Abstract]
Accrued environmental liabilities	$ 14,325
Environmental Loss Contingency, Statement of Financial Position [Extensible Enumeration]	true
Accrued environmental liabilities, current	$ 4,897
Environmental Loss Contingency, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued expenses
Accrued environmental liabilities, noncurrent	$ 9,428
Environmental Loss Contingency, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities
Estimated purchase commitments [Abstract]
2025	$ 74,551
2026	8,295
2027	$ 2,945
Other accrued liabilities [Member]
Environmental Matters [Abstract]
Environmental Loss Contingency, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued expenses
Other Noncurrent Liabilities [Member]
Environmental Matters [Abstract]
Environmental Loss Contingency, Current, Statement of Financial Position [Extensible Enumeration]	Other liabilities

Current Vulnerability Due to _3

Current Vulnerability Due to Certain Concentrations (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Concentration Risks [Abstract]
Duration of business operations in Israel		54 years
Non-US Subsidiaries [Member] | United States [Member]
Concentration Risks [Abstract]
Cash and cash equivalents and short-term investments		$ 48,450
Credit Concentration Risk [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | MUFG Bank Ltd. [Member]
Concentration Risks [Abstract]
Concentration risk percentage	[1]	21.20%
Credit Concentration Risk [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | JPMorgan [Member]
Concentration Risks [Abstract]
Concentration risk percentage	[1]	23.30%
Credit Concentration Risk [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | HSBC [Member]
Concentration Risks [Abstract]
Concentration risk percentage	[1]	11%
Credit Concentration Risk [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Bank Leumi [Member]
Concentration Risks [Abstract]
Concentration risk percentage	[1]	11.20%
Geographic Concentration [Member] | Outside Of United States [Member]
Concentration Risks [Abstract]
Cash and cash equivalents and short-term investments		$ 589,445
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Germany [Member]
Concentration Risks [Abstract]
Concentration risk percentage		8.40%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Singapore [Member]
Concentration Risks [Abstract]
Concentration risk percentage		18.60%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Israel [Member]
Concentration Risks [Abstract]
Concentration risk percentage		13.80%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | United States [Member]
Concentration Risks [Abstract]
Concentration risk percentage		10%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | The Republic of China (Taiwan) [Member]
Concentration Risks [Abstract]
Concentration risk percentage		20.70%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | People's Republic Of China [Member]
Concentration Risks [Abstract]
Concentration risk percentage		17.10%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Other Asia [Member]
Concentration Risks [Abstract]
Concentration risk percentage		6.50%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Other Europe [Member]
Concentration Risks [Abstract]
Concentration risk percentage		3.30%
Geographic Concentration [Member] | Cash and Cash Equivalents and Short-term Investments [Member] | Other [Member]
Concentration Risks [Abstract]
Concentration risk percentage		1.60%
Geographic Concentration [Member] | Revenue [Member] | Outside Of United States [Member]
Concentration Risks [Abstract]
Concentration risk percentage		74%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Customer One [Member]
Concentration Risks [Abstract]
Concentration risk percentage			12.40%
[1]Participant in Credit Facility

Segment and Geographic Data (De

Segment and Geographic Data (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Segment	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of reporting segments | Segment	6
Net revenues	$ 2,937,587	$ 3,402,045	$ 3,497,401
Cost of products sold (excluding depreciation)	2,125,895	2,265,815	2,293,319
Depreciation expense in cost of products sold	185,400	161,737	145,093
Total cost of products sold	2,311,295	2,427,552	2,438,412
Gross profit	626,292	974,493	1,058,989
Operating Costs and Expenses	198,421	168,181	141,558
Segment Operating Income	427,871	806,312	917,431
Depreciation expense	198,961	174,457	155,864
Capital expenditures	320,079	329,410	325,308
Total Assets	4,110,696	4,239,923	3,865,653
Distributors [Member]
Segment Reporting Information [Line Items]
Net revenues	1,578,172	1,798,291	2,019,842
OEMs [Member]
Segment Reporting Information [Line Items]
Net revenues	1,156,852	1,378,065	1,229,114
EMS Companies [Member]
Segment Reporting Information [Line Items]
Net revenues	202,563	225,689	248,445
Industrial [Member]
Segment Reporting Information [Line Items]
Net revenues	992,192	1,216,078	1,377,043
Automotive [Member]
Segment Reporting Information [Line Items]
Net revenues	1,097,713	1,202,923	1,067,499
Military and Aerospace [Member]
Segment Reporting Information [Line Items]
Net revenues	325,318	271,871	215,078
Medical [Member]
Segment Reporting Information [Line Items]
Net revenues	147,845	152,611	133,808
Other [Member]
Segment Reporting Information [Line Items]
Net revenues	374,519	558,562	703,973
Asia [Member]
Segment Reporting Information [Line Items]
Net revenues	1,134,318	1,264,779	1,348,804
Asia [Member] | Customers [Member]
Segment Reporting Information [Line Items]
Net revenues	1,149,138	1,255,563	1,347,893
Europe [Member] | Customers [Member]
Segment Reporting Information [Line Items]
Net revenues	1,029,901	1,255,652	1,146,898
Americas [Member] | Customers [Member]
Segment Reporting Information [Line Items]
Net revenues	758,548	890,830	1,002,610
MOSFETs [Member]
Segment Reporting Information [Line Items]
Net revenues	601,979	778,754	762,260
Cost of products sold (excluding depreciation)	465,536	485,086	458,283
Depreciation expense in cost of products sold	49,342	34,282	29,479
Total cost of products sold	514,878	519,368	487,762
Gross profit	87,101	259,386	274,498
Operating Costs and Expenses	80,243	63,593	45,806
Segment Operating Income	6,858	195,793	228,692
Depreciation expense	51,301	35,965	30,551
Capital expenditures	224,998	132,543	90,297
Total Assets	1,033,555	702,299	672,048
Diodes [Member]
Segment Reporting Information [Line Items]
Net revenues	581,975	690,540	765,220
Cost of products sold (excluding depreciation)	414,893	471,088	528,278
Depreciation expense in cost of products sold	45,920	43,831	38,837
Total cost of products sold	460,813	514,919	567,115
Gross profit	121,162	175,621	198,105
Operating Costs and Expenses	25,281	22,159	21,683
Segment Operating Income	95,881	153,462	176,422
Depreciation expense	47,099	44,904	40,014
Capital expenditures	29,534	62,185	69,126
Total Assets	724,603	852,703	814,017
Optoelectronic Components [Member]
Segment Reporting Information [Line Items]
Net revenues	212,368	243,146	296,384
Cost of products sold (excluding depreciation)	158,742	164,791	179,848
Depreciation expense in cost of products sold	15,374	16,129	13,749
Total cost of products sold	174,116	180,920	193,597
Gross profit	38,252	62,226	102,787
Operating Costs and Expenses	21,393	19,263	17,331
Segment Operating Income	16,859	42,963	85,456
Depreciation expense	15,784	16,496	14,065
Capital expenditures	10,451	23,228	27,776
Total Assets	346,866	352,984	385,388
Resistors [Member]
Segment Reporting Information [Line Items]
Net revenues	725,614	843,472	832,806
Cost of products sold (excluding depreciation)	524,808	566,640	536,514
Depreciation expense in cost of products sold	41,848	38,404	34,220
Total cost of products sold	566,656	605,044	570,734
Gross profit	158,958	238,428	262,072
Operating Costs and Expenses	33,217	29,003	26,813
Segment Operating Income	125,741	209,425	235,259
Depreciation expense	42,568	39,781	34,903
Capital expenditures	30,301	67,085	76,702
Total Assets	958,985	946,585	861,870
Inductors [Member]
Segment Reporting Information [Line Items]
Net revenues	356,355	347,392	331,086
Cost of products sold (excluding depreciation)	231,456	220,090	211,969
Depreciation expense in cost of products sold	17,819	14,888	14,768
Total cost of products sold	249,275	234,978	226,737
Gross profit	107,080	112,414	104,349
Operating Costs and Expenses	14,818	12,730	10,896
Segment Operating Income	92,262	99,684	93,453
Depreciation expense	17,940	14,963	14,927
Capital expenditures	6,339	10,767	35,102
Total Assets	342,286	365,111	322,893
Capacitors [Member]
Segment Reporting Information [Line Items]
Net revenues	459,296	498,741	509,645
Cost of products sold (excluding depreciation)	330,460	358,120	371,766
Depreciation expense in cost of products sold	15,097	14,203	14,040
Total cost of products sold	345,557	372,323	385,806
Gross profit	113,739	126,418	123,839
Operating Costs and Expenses	23,469	21,433	19,029
Segment Operating Income	90,270	104,985	104,810
Depreciation expense	15,293	14,269	14,286
Capital expenditures	13,609	21,914	15,214
Total Assets	430,871	459,653	496,924
Corporate / Other [Member]
Segment Reporting Information [Line Items]
Net revenues	0	0	0
Cost of products sold (excluding depreciation)	0	0	6,661
Depreciation expense in cost of products sold	0	0	0
Total cost of products sold	0	0	6,661
Gross profit	0	0	(6,661)
Operating Costs and Expenses	0	0	0
Segment Operating Income	0	0	(6,661)
Depreciation expense	8,976	8,079	7,118
Capital expenditures	4,847	11,688	11,091
Total Assets	$ 273,530	$ 560,588	$ 312,513

Segment and Geographic Data, Op

Segment and Geographic Data, Operating Margin Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating margin reconciliation [Abstract]
Segment Operating Income	$ 427,871	$ 806,312	$ 917,431
Restructuring and Severance Costs	(40,614)	0	0
Impairment of goodwill	(66,487)	0	0
Impact of COVID-19 Pandemic on Selling, General, and Administrative Expenses	0	0	(546)
Consolidated Operating Income (Loss)	5,627	486,144	615,486
Unallocated Other Income (Expense)	(8,016)	(18,742)	(21,981)
Consolidated Income (Loss) Before Taxes	(2,389)	467,402	593,505
Segment Reconciling Items [Member]
Operating margin reconciliation [Abstract]
Segment Operating Income	$ (315,143)	$ (320,168)	$ (301,399)

Segment and Geographic Data, Re

Segment and Geographic Data, Revenue and assets by geographic area (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	$ 2,937,587	$ 3,402,045	$ 3,497,401
Property and equipment, net	1,545,738	1,294,646
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	761,218	879,734	974,503
Property and equipment, net	149,487	162,428
Germany [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	871,479	1,076,812	1,005,796
Property and equipment, net	359,430	305,504
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	214,838	755
Other Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	148,055	151,160	142,454
Property and equipment, net	137,109	147,891
Israel [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	22,517	29,560	25,844
Property and equipment, net	109,277	98,800
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	1,134,318	1,264,779	$ 1,348,804
People's Republic of China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	236,068	250,209
Republic of China (Taiwan) [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	204,757	207,515
Other Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	119,236	108,055
Other Geographic Area [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	$ 15,536	$ 13,489

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator [Abstract]
Net earnings (loss) attributable to Vishay stockholders	$ (31,150)	$ 323,820	$ 428,810
Denominator for basic earnings (loss) per share [Abstract]
Weighted average shares (in shares)	136,838	139,318	143,176
Outstanding phantom stock units (in shares)	126	129	223
Adjusted weighted average shares - basic (in shares)	136,964	139,447	143,399
Effect of dilutive securities [Abstract]
Restricted stock units (in shares)	0	799	516
Dilutive potential common shares (in shares)	0	799	516
Denominator for diluted earnings (loss) per share [Abstract]
Adjusted weighted average shares - diluted (in shares)	136,964	140,246	143,915
Basic earnings (loss) per share attributable to Vishay stockholders (in dollars per share)	$ (0.23)	$ 2.32	$ 2.99
Diluted earnings (loss) per share attributable to Vishay stockholders (in dollars per share)	$ (0.23)	$ 2.31	$ 2.98
Weighted average other [Member]
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	2,423	82	251

Additional Cash Flow Informat_3

Additional Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Changes in operating assets and liabilities, net of effect of businesses acquired [Abstract]
Accounts receivable	$ 17,525	$ (3,717)	$ (26,696)
Inventories	(78,496)	(58,758)	(119,595)
Prepaid expenses and other current assets	45,611	(42,005)	(11,380)
Accounts payable	22,806	743	(61,665)
Other current liabilities	(75,562)	(58,120)	77,223
Net change in operating assets and liabilities	$ (68,116)	$ (161,857)	$ (142,113)

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets:
Held-to-maturity securities, other-than-temporary impairments	$ 0	$ 0
Held-to-maturity securities, unrecognized gain	0	0
Held-to-maturity Securities, unrecognized loss	0	0
Held-to-maturity Securities, Transferred Security, at Carrying Value	0	0
Liabilities:
Long-term Debt	927,911	845,102
Fair Value, Measurements, Recurring [Member]
Assets:
Assets held in rabbi trusts	53,508	50,378
Available for sale securities	4,043	4,115
Fair Value Assets	122,019	117,780
Liabilities:
Acquisitions contingent consideration	3,801	938
Defined Benefit Pension Plans [Member] | Foreign Plan [Member]
Assets:
Fair value of plan assets	64,468	63,287	$ 65,620
Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	4,174	3,925
Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	23,991	21,232
Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	36,303	38,130
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Assets held in rabbi trusts	24,518	24,343
Available for sale securities	4,043	4,115
Fair Value Assets	93,029	91,745
Liabilities:
Acquisitions contingent consideration	0	0
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	4,174	3,925
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	23,991	21,232
Fair Value, Inputs, Level 1 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	36,303	38,130
Fair Value, Inputs, Level 2 [Member]
Liabilities:
Long-term Debt, Fair Value	850,600	836,200
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Assets held in rabbi trusts	28,990	26,035
Available for sale securities	0	0
Fair Value Assets	28,990	26,035
Liabilities:
Acquisitions contingent consideration	0	0
Fair Value, Inputs, Level 2 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Assets held in rabbi trusts	0	0
Available for sale securities	0	0
Fair Value Assets	0	0
Liabilities:
Acquisitions contingent consideration	3,801	938
Fair Value, Inputs, Level 3 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Defined Benefit Pension Plans [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Fair value of plan assets	$ 0	$ 0

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	$ 66,487	$ 0	$ 0
Goodwill [Roll Forward]
Balance at beginning of period	201,416	201,432
Purchase price allocation adjustment		(2,639)
Impairment of goodwill	(66,487)	0	0
Exchange rate effects	(627)	410
Balance at end of period	179,005	201,416	201,432
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	212,347	195,008
Accumulated amortization	(125,124)	(122,675)
Net intangible assets subject to amortization	87,223	72,333
Intangible assets, net	87,223	72,333
Amortization expense (excluding capitalized software)	11,684	9,916	8,127
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2025	13,074
2026	12,267
2027	9,319
2028	8,346
2029	8,121
Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	11,685
Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	777
Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		2,213
Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	32,241
MOSFETs [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	66,487
Goodwill [Roll Forward]
Balance at beginning of period	34,246	36,885
Purchase price allocation adjustment		(2,639)
Impairment of goodwill	(66,487)
Exchange rate effects	0	0
Balance at end of period	0	34,246	36,885
MOSFETs [Member] | Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
MOSFETs [Member] | Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
MOSFETs [Member] | Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		0
MOSFETs [Member] | Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	32,241
Optoelectronic Components [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	0
Goodwill [Roll Forward]
Balance at beginning of period	96,849	96,849
Purchase price allocation adjustment		0
Impairment of goodwill	0
Exchange rate effects	0	0
Balance at end of period	96,849	96,849	96,849
Optoelectronic Components [Member] | Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Optoelectronic Components [Member] | Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Optoelectronic Components [Member] | Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		0
Optoelectronic Components [Member] | Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Resistors [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	0
Goodwill [Roll Forward]
Balance at beginning of period	44,506	41,883
Purchase price allocation adjustment		0
Impairment of goodwill	0
Exchange rate effects	(627)	410
Balance at end of period	55,564	44,506	41,883
Resistors [Member] | Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	11,685
Resistors [Member] | Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Resistors [Member] | Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		2,213
Resistors [Member] | Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Inductors [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	0
Goodwill [Roll Forward]
Balance at beginning of period	25,815	25,815
Purchase price allocation adjustment		0
Impairment of goodwill	0
Exchange rate effects	0	0
Balance at end of period	25,815	25,815	25,815
Inductors [Member] | Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Inductors [Member] | Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Inductors [Member] | Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		0
Inductors [Member] | Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Capacitors Segment [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Impairment of goodwill	0
Goodwill [Roll Forward]
Balance at beginning of period	0	0
Purchase price allocation adjustment		0
Impairment of goodwill	0
Exchange rate effects	0	0
Balance at end of period	777	0	$ 0
Capacitors Segment [Member] | Ametherm [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Capacitors Segment [Member] | Birkelbach Kondensatortechnik GmbH [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	777
Capacitors Segment [Member] | Centerline [Member]
Goodwill [Roll Forward]
Goodwill acquired during period		0
Capacitors Segment [Member] | Newport wafer fab [Member]
Goodwill [Roll Forward]
Goodwill acquired during period	0
Patents and Acquired Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	23,160	26,053
Accumulated amortization	(7,316)	(14,931)
Capitalized Software [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	62,158	62,360
Accumulated amortization	(55,476)	(54,203)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	103,813	83,895
Accumulated amortization	(45,053)	(38,664)
Tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	23,216	22,300
Accumulated amortization	(17,279)	(14,610)
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	0	400
Accumulated amortization	$ 0	$ (267)

Related Party Transactions (Det

Related Party Transactions (Details)	12 Months Ended
	Dec. 31, 2024
Common Class B [Member]
Spin-off of Vishay Precision Group, Inc. [Abstract]
Ratio for stock dividend for Vishay Precision Group, Inc	1 share of VPG Class B common stock for every 14 shares of Vishay Class B common stock
Common Stock [Member]
Spin-off of Vishay Precision Group, Inc. [Abstract]
Ratio for stock dividend for Vishay Precision Group, Inc	1 share of VPG common stock for every 14 shares of Vishay common stock