Vishay Intertechnology Reports First Quarter 2024 Results
| VISHAY INTERTECHNOLOGY, INC. | | | | | Consolidated Condensed Balance Sheets | | | | | (In thousands) | | | | | | | | | | | March 30, 2024 | | December 31, 2023 | | | (Unaudited) | | | | Assets | | | | | Current assets: | | | | | Cash and cash equivalents | $ | 796,541 | | | $ | 972,719 | | | Short-term investments | | 37,418 | | | | 35,808 | | | Accounts receivable, net | | 411,203 | | | | 426,674 | | | Inventories: | | | | | Finished goods | | 166,684 | | | | 167,083 | | | Work in process | | 280,536 | | | | 267,339 | | | Raw materials | | 218,623 | | | | 213,098 | | | Total inventories | | 665,843 | | | | 647,520 | | | | | | | | Prepaid expenses and other current assets | | 232,135 | | | | 214,443 | | | Total current assets | | 2,143,140 | | | | 2,297,164 | | | | | | | | Property and equipment, at cost: | | | | | Land | | 84,302 | | | | 77,006 | | | Buildings and improvements | | 744,328 | | | | 719,387 | | | Machinery and equipment | | 3,171,593 | | | | 3,053,868 | | | Construction in progress | | 300,714 | | | | 290,593 | | | Allowance for depreciation | | (2,857,344 | ) | | | (2,846,208 | ) | | | | 1,443,593 | | | | 1,294,646 | | | | | | | | Right of use assets | | 129,346 | | | | 126,829 | | | Deferred income taxes | | 135,786 | | | | 137,394 | | | Goodwill | | 238,890 | | | | 201,416 | | | Other intangible assets, net | | 73,444 | | | | 72,333 | | | Other assets | | 99,865 | | | | 110,141 | | | Total assets | $ | 4,264,064 | | | $ | 4,239,923 | | | | | | |
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