v3.26.1

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Apr. 04, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 479,357	$ 514,966
Short-term investments	191	265
Accounts receivable, net	369,222	381,802
Inventories:
Finished goods	182,179	182,444
Work in process	347,994	331,347
Raw materials	260,611	245,412
Total inventories	790,784	759,203
Prepaid expenses and other current assets	237,429	231,004
Total current assets	1,876,983	1,887,240
Property and equipment, at cost:
Land	86,093	86,399
Buildings and improvements	836,309	839,856
Machinery and equipment	3,503,626	3,477,884
Construction in progress	509,318	464,475
Allowance for depreciation	(3,215,047)	(3,195,455)
Property and equipment, net	1,720,299	1,673,159
Right of use assets	116,526	119,746
Deferred income taxes	182,693	183,016
Goodwill	180,224	180,390
Other intangible assets, net	74,396	78,487
Other assets	111,434	112,122
Total assets	4,262,555	4,234,160
Current liabilities:
Trade accounts payable	238,954	214,984
Payroll and related expenses	166,690	164,114
Lease liabilities	26,166	26,546
Other accrued expenses	269,049	300,031
Income taxes	11,376	14,751
Total current liabilities	712,235	720,426
Long-term debt less current portion	983,090	950,893
Deferred income taxes	97,717	96,818
Long-term lease liabilities	92,458	95,799
Other liabilities	131,702	109,228
Accrued pension and other postretirement costs	169,488	172,723
Total liabilities	2,186,690	2,145,887
Stockholders' Equity
Common stock	12,402	12,351
Class B convertible common stock	1,210	1,210
Capital in excess of par value	1,109,461	1,101,086
Retained earnings	885,771	892,232
Accumulated other comprehensive income	67,021	81,394
Total equity	2,075,865	2,088,273
Total liabilities and equity	$ 4,262,555	$ 4,234,160

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

VISHAY INTERTECHNOLOGY INC 10-Q