Form 8-K

8-K — Vishay Precision Group, Inc.

Accession: 0001437749-26-016226

Filed: 2026-05-12

Period: 2026-05-12

CIK: 0001487952

SIC: 3670 (ELECTRONIC COMPONENTS & ACCESSORIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — vpg20260224_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_924354.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: vpg20260224_8k.htm · Sequence: 1

vpg20260224_8k.htm

false

0001487952

2026-05-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported):

May 12, 2026

Vishay Precision Group, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware

1-34679

27-0986328

(State or Other Jurisdiction of

(Commission File Number)

(I.R.S. Employer Identification

Incorporation or Organization)

Number)

851 Duportail Road, 2nd Floor, Chesterbrook, PA

19087

(Address of Principal Executive Offices)

(Zip Code)

(484) 321-5300

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, $0.10 par value

VPG

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Conditions.

Vishay Precision Group, Inc. (the "Company") issued a press release on May 12, 2026 announcing results for the first quarter of fiscal 2026. The Company will hold a conference call at 9:00 a.m. Eastern time on May 12, 2026 to discuss its results for the first quarter of fiscal 2026. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and shall not be deemed to be “filed” for any purpose.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press release dated May 12, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Vishay Precision Group, Inc.

Date: May 12, 2026

By:

/s/ William M. Clancy

Name: William M. Clancy

Title: Executive Vice President and Chief

Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_924354.htm · Sequence: 2

ex_924354.htm

Exhibit 99.1

For Immediate Release

VPG Reports Fiscal 2026 First Quarter Results;

Orders Exceed $100 million and Revenue Grew Sequentially and Year-over-Year

CHESTERBROOK, Pa. (May 12, 2026) - Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, today announced its results for its fiscal 2026 first quarter ended April 4, 2026.

First Fiscal Quarter Highlights (comparisons are to the comparable period a year ago):

•

Net revenues of $84.4 million increased 17.6%

•

Gross profit margin was 39.0% as compared to 37.7%

•

Adjusted gross profit margin* was 39.0% as compared to 38.4%

•

Operating margin was 0.4% as compared to (0.1)%

•

Adjusted operating margin* was 1.9%, as compared to 1.9%

•

Diluted net loss per share of $0.02 compared to a diluted net loss per share of $0.07

•

Adjusted diluted net earnings per share* of $ 0.07 compared to $ 0.07.

•

Adjusted EBITDA* was $5.9 million with an adjusted EBITDA margin* of 7.0%

Ziv Shoshani, Chief Executive Officer of VPG, commented, “We delivered an excellent start to fiscal 2026, with revenue growing 4.7% sequentially and 17.6% year over year. Bookings of $102.1 million increased 25.5% sequentially, reaching the third-highest quarterly level in VPG’s history, driven by a 29.0% sequential bookings growth in our Sensors segment due to strong demand across semiconductor equipment, data centers, avionics, military and space, and select industrial markets. Our consolidated book-to-bill of 1.21 reflects continued momentum, as all three segments reported book-to-bill ratios well in excess of 1.0. We are also encouraged by our progress in humanoid robotics, with $1.0 million of orders booked in the first quarter and initial engineering discussions underway with a fourth humanoid developer. With our new organizational structure now in place, we are executing key initiatives to drive accelerated growth and operational excellence as we position VPG to capture long-term opportunities in growth markets.”

Mr. Shoshani added: "Profitability in the quarter reflects deliberate investments to support our new operating model and growth initiatives, which we expect to drive improved operating leverage over time. Given current bookings trends and backlog, we are positive about our business environment for 2026. We also announced a revised target model that reflects accelerated organic top-line growth, supported by our business development initiatives, disciplined commercial execution, and investments in our new organization."

First Fiscal Quarter Financial Trends:

The Company's first fiscal quarter 2026 net loss attributable to VPG stockholders was $(0.3) million, or $(0.02) per diluted share, compared to net loss of $(0.9) million or $(0.07) per diluted share in the first fiscal quarter of 2025.

The first fiscal quarter 2026 adjusted net earnings* were $0.9 million, or $0.07 of adjusted diluted net earnings per share*, compared to $0.9 million or $ 0.07 of adjusted diluted net earnings per share* in the first fiscal quarter of 2025.

Segment Performance:

The Sensors segment bookings in the first fiscal quarter of 2026 grew 29.0% sequentially, resulting in a book-to-bill of 1.36.

The Sensors segment revenues of $33.3 million in the first fiscal quarter of 2026 increased 23.1% from $27.1 million in the first fiscal quarter of 2025. Sequentially, revenue increased 9.6% compared to $30.4 million in the fourth fiscal quarter of 2025. The year-over-year increase in revenues was primarily attributable to higher sales of precision resistors in the Test and Measurement and higher sales of strain gage sensors in the AMS and Other markets. Sequentially, the increase primarily reflected higher sales of precision resistors in the Test & Measurement and AMS markets and higher sales of strain gages in the General Industrial market.

Adjusted gross profit margin* for the Sensors segment was 34.8% for the first fiscal quarter of 2026, which increased from 30.8% in the first fiscal quarter of 2025 and increased from 28.5% in the fourth fiscal quarter of 2025. The year-over-year and sequential increases in gross profit margin were primarily due to higher volume, favorable product mix, higher manufacturing efficiencies, partially offset by unfavorable foreign currency exchange rates and higher personnel costs.

First-quarter 2026 bookings for the Weighing Solutions segment grew 16.8% sequentially, contributing to a book-to-bill of 1.09.

The Weighing Solutions segment revenues of $30.2 million in the first fiscal quarter of 2026 increased 14.4% from $26.4 million in the first fiscal quarter of 2025. Sequentially, revenue increased 9.0% compared to $27.7 million in the fourth fiscal quarter of 2025. The year-over-year increase in revenues was mainly attributable to higher sales in the Other markets for medical applications, and the Industrial Weighing market. Sequentially, the increase in revenues was primarily due to higher sales in our Other markets and in our Transportation market.

Gross profit margin for the Weighing Solutions segment was 34.2% for the first fiscal quarter of 2026, which decreased from adjusted gross margin of 37.8% in the first fiscal quarter of 2025 and increased from 33.0% in the fourth fiscal quarter of 2025. The year-over-year decrease in gross profit margin was primarily due to unfavorable product mix, higher manufacturing and fixed costs, partially offset by higher volume and favorable foreign currency exchange rates. The sequential increase in gross profit margin primarily reflected higher volume and favorable foreign currency exchange rates.

The Measurement Systems segment bookings in the first fiscal quarter of 2026 grew 32.3% sequentially, resulting in a book-to-bill of 1.15.

The Measurement Systems segment revenues of $20.8 million in the first fiscal quarter of 2026 increased 14.0% from $18.2 million in the first fiscal quarter of 2025. Sequentially, revenue decreased 7.3% compared to $22.4 million in the fourth fiscal quarter of 2025. The year-over-year increase was primarily attributable to higher revenue in the AMS market, which offset lower sales in the Steel and Transportation markets. Sequentially, the decrease in revenue was primarily due to lower sales in the Steel market which offset higher sales in the AMS market.

Gross profit margin for the Measurement Systems segment was 52.6% for the first fiscal quarter of 2026, which increased from 50.3% in the first fiscal quarter of 2025 and decreased from 52.8% in the fourth fiscal quarter of 2025. This compares with adjusted gross margin* of 50.3% in the first quarter of fiscal 2025, which reflected acquisition purchase accounting adjustments of $0.1 million. The year-over-year increase in gross profit margin was primarily due to higher volume and favorable product mix. The sequential decline in gross margin was primarily due to lower volume and wage increases, partially offset by favorable product mix.

Near-Term Outlook

“For the second fiscal quarter of 2026 at constant first fiscal quarter 2026 foreign currency exchange rates, we expect net revenues to be in the range of $85 million to $90 million,” said Mr. Shoshani.

*Use of Non-GAAP Financial Information:

Beginning in fiscal 2026, the Company revised its definition of certain non-GAAP financial measures to exclude share-based compensation expense in addition to the other items described below. This change is being made in light of the Company’s evolving compensation structure following recent organizational changes, including the hiring of senior executives and the expansion of equity-based incentive programs to attract and retain key talent.

Management believes that excluding share-based compensation expense in certain non-GAAP financial measures provides investors with additional insight into the Company’s core operating performance and enhanced understanding of business trends across reporting periods, including those in comparison to its main peer companies.

Share-based compensation expense will continue to be reflected in the Company's GAAP financial results and will be set forth in a specific line item in the reconciliation table between GAAP and non-GAAP measures. Prior-period non-GAAP financial measures have been recast to conform to the current presentation.

The Company defines “adjusted gross profit margin” as gross profit margin before start-up costs and acquisition purchase accounting adjustments and share-based compensation expense. “Adjusted operating margin” is defined as operating margin before start-up costs, acquisition purchase accounting adjustments, restructuring costs, severance costs, share-based compensation expense and gain on sale of asset held for sale. “Adjusted net earnings” and “adjusted diluted net earnings per share” are defined as net earnings attributable to VPG stockholders before start-up costs, acquisition purchase accounting adjustments, restructuring costs and severance costs, share-based compensation expense, foreign currency exchange gains and losses, associated tax effects, and gain on sale of asset held for sale. We define “Adjusted EBITDA” as earnings before interest, taxes, depreciation, and amortization, start-up costs, acquisition purchase accounting adjustments, restructuring costs and severance costs, foreign currency exchange gains and losses, share-based compensation expense and gain on sale of asset held for sale.

“Adjusted free cash flow” for the first fiscal quarter of 2026 is defined as the amount of cash generated from operating activities ($(0.6) million) in excess of capital expenditures ($(3.1) million), net of proceeds, if any, from the sale of assets ($(0.0) million).

Management believes that these non-GAAP measures are useful to investors because each presents what management views as our core operating results for the relevant period. The adjustments to the applicable GAAP measures relate to occurrences or events that are outside of our core operations, and management believes that the use of these non-GAAP measures provides a consistent basis to evaluate our operating profitability and performance trends across comparable periods. These reconciling items are indicated on the accompanying reconciliation schedules and are more fully described in VPG’s consolidated financial statements presented in our Annual Report on Form 10-K and Quarterly Reports on Forms 10-Q.

Conference Call and Webcast:

A conference call will be held on Tuesday, May 12, 2026 at 9:00 a.m. ET (8:00 a.m. CT). To access the conference call, interested parties may call 1-888-596-4144 or internationally +1-646-968-2525 and use passcode 6155497, or log on to the investor relations page of the VPG website at ir.vpgsensors.com. A replay will be available approximately one hour after the completion of the call by calling toll-free 1-800-770-2030 or internationally +1-609-800-9909 and by using passcode 6155497. The replay will also be available on the “Events” page of investor relations section of the VPG website at ir.vpgsensors.com.

About VPG:

Vishay Precision Group, Inc. (VPG) is a leader in precision measurement and sensing technologies. Our sensors, weighing solutions and measurement systems optimize and enhance our customers’ product performance across a broad array of markets to make our world safer, smarter, and more productive. To learn more, visit VPG at www.vpgsensors.com and follow us on LinkedIn.

Forward-Looking Statements:

From time to time, information provided by us, including, but not limited to, statements in this press release, or other statements made by or on our behalf, may contain or constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated, or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions; significant developments from the recent and potential changes in tariffs and trade regulation; impact of inflation; potential issues respecting the United States federal government debt ceiling; global labor and supply chain challenges; difficulties or delays in identifying, negotiating and completing acquisitions and integrating acquired companies; the inability to realize anticipated synergies and expansion possibilities; difficulties in new product development; changes in competition and technology in the markets that we serve and the mix of our products required to address these changes; changes in foreign currency exchange rates; political, economic, and health (including pandemics) instabilities; instability or disruption caused by military hostilities in the regions or countries in which we operate (including Israel); difficulties in implementing our cost reduction strategies, such as underutilization of production facilities, labor unrest or legal challenges to our lay-off or termination plans, operation of redundant facilities due to difficulties in transferring production to achieve efficiencies; compliance issues under applicable laws, such as export control laws, including the outcome of our voluntary self-disclosure of export control non-compliance; our ability to execute our corporate strategy and business continuity, operational and budget plans; and other factors affecting our operations, markets, products, services, and prices that are set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this report or as of the dates otherwise indicated in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact:

Steve Cantor

Vishay Precision Group, Inc.

781-222-3516

info@vpgsensors.com

VISHAY PRECISION GROUP, INC.

Consolidated Condensed Statements of Operations

(Unaudited - In thousands, except per share amounts)

Fiscal Quarter Ended

April 4, 2026

March 29, 2025

Net revenues

84,353

71,741

Costs of products sold

51,479

44,696

Gross profit

32,874

27,045

Selling, general and administrative expenses

32,085

26,710

Restructuring costs

449

395

Operating income (loss)

340

(60

)

Other expense:

Interest expense

(329

)

(550

)

Other

(169

)

(677

)

Other expense

(498

)

(1,227

)

Loss before taxes

(158

)

(1,287

)

Income tax expense (benefit)

129

(332

)

Net loss

(287

)

(955

)

Less: net earnings (loss) attributable to noncontrolling interests

(13

)

Net loss attributable to VPG stockholders

(319

)

(942

)

Basic loss per share attributable to VPG stockholders

(0.02

)

(0.07

)

Diluted loss per share attributable to VPG stockholders

(0.02

)

(0.07

)

Weighted average shares outstanding - basic

13,297

13,257

Weighted average shares outstanding - diluted

13,297

13,257

VISHAY PRECISION GROUP, INC.

Consolidated Condensed Balance Sheets

(In thousands)

April 4, 2026

December 31, 2025

(Unaudited)

Assets

Current assets:

Cash and cash equivalents

82,486

87,366

Accounts receivable, net

61,415

56,348

Inventories:

Raw materials

32,124

32,760

Work in process

28,355

25,794

Finished goods

22,408

24,269

Inventories, net

82,887

82,823

Prepaid expenses and other current assets

19,306

20,425

Total current assets

246,094

246,962

Property and equipment:

Land

2,364

2,382

Buildings and improvements

79,267

78,737

Machinery and equipment

139,543

137,230

Software

12,082

11,692

Construction in progress

3,268

4,162

Accumulated depreciation

(160,843

)

(158,123

)

Property and equipment, net

75,681

76,080

Goodwill

47,237

47,367

Intangible assets, net

37,186

38,227

Operating lease right-of-use assets

22,653

22,892

Other assets

24,989

24,361

Total assets

453,840

455,889

VISHAY PRECISION GROUP, INC.

Consolidated Condensed Balance Sheets

(In thousands)

April 4, 2026

December 31, 2025

(Unaudited)

Liabilities and equity

Current liabilities:

Trade accounts payable

11,712

10,530

Payroll and related expenses

18,900

19,569

Other accrued expenses and other current liabilities

19,959

20,833

Current portion of operating lease liabilities

4,439

4,347

Total current liabilities

55,010

55,279

Long-term debt

20,612

20,583

Deferred income taxes

4,267

3,834

Operating lease liabilities

19,336

19,547

Other liabilities

13,914

14,200

Accrued pension and other postretirement costs

6,224

6,219

Total liabilities

119,363

119,662

Equity:

Common stock, par value $0.10 per share: 25,000,000 shares authorized; 12,278,113 shares outstanding as of April 4, 2026 and 12,256,197 shares outstanding as of December 31, 2025

1,342

1,340

Class B convertible common stock, par value $0.10 per share: 3,000,000 shares authorized; 1,022,887 shares outstanding as of April 4, 2026 and December 31, 2025

103

Treasury stock, at cost - 1,137,995 shares held at April 4, 2026 and December 31, 2025

(25,335

)

(25,335

)

Capital in excess of par value

204,829

204,360

Retained earnings

196,951

197,270

Accumulated other comprehensive loss

(43,173

)

(41,367

)

Total Vishay Precision Group, Inc. stockholders' equity

334,717

336,371

Noncontrolling interests

(240

)

(144

)

Total equity

334,477

336,227

Total liabilities and equity

453,840

455,889

VISHAY PRECISION GROUP, INC.

Consolidated Condensed Statements of Cash Flows

(Unaudited - In thousands)

Three Fiscal Months Ended

April 4, 2026

March 29, 2025

Operating activities

Net loss

(287

)

(955

)

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization

4,210

4,035

Share-based compensation expense

837

545

Inventory write-offs for obsolescence

606

800

Deferred income tax expense

(487

)

(489

)

Foreign currency impacts and other items

(73

)

478

Net changes in operating assets and liabilities:

Accounts receivable

(5,508

)

1,823

Inventories

(1,061

)

227

Prepaid expenses and other current assets

958

(848

)

Trade accounts payable

1,333

253

Other current liabilities

(599

)

292

Other non current assets and liabilities, net

(463

)

(841

)

Accrued pension and other postretirement costs, net

(62

)

(71

)

Net cash (used in) provided by operating activities

(596

)

5,249

Investing activities

Capital expenditures

(3,060

)

(1,507

)

Net cash used in investing activities

(3,060

)

(1,507

)

Financing activities

(Distributions) Contributions from noncontrolling interests

(127

)

147

Payments of employee taxes on certain share-based arrangements

(375

)

(256

)

Net cash used in financing activities

(502

)

(109

)

Effect of exchange rate changes on cash and cash equivalents

(722

)

987

(Decrease) Increase in cash and cash equivalents

(4,880

)

4,620

Cash and cash equivalents at beginning of period

87,366

79,272

Cash and cash equivalents at end of period

82,486

83,892

Supplemental disclosure of investing transactions:

Capital expenditures accrued but not yet paid

796

454

VISHAY PRECISION GROUP, INC.

Reconciliation of Consolidated Adjusted Gross Profit, Operating Income, Net Earnings Attributable to VPG Stockholders and Diluted Earnings Per Share

(Unaudited - In thousands)

Gross Profit

Operating Income

Net Earnings (loss) Attributable to VPG Stockholders

Diluted Earnings (loss) Per share

Three months ended

April 4, 2026

March 29, 2025

April 4, 2026

March 29, 2025

April 4, 2026

March 29, 2025

April 4, 2026

March 29, 2025

As reported - GAAP

32,874

27,045

340

(60

)

(319

)

(942

)

(0.02

)

(0.07

)

As reported - GAAP Margins

39.0

37.7

0.4

(0.1

—

Start-up costs

—

463

—

463

—

463

—

0.04

Restructuring costs (a)

—

449

395

449

395

0.03

Share-based compensation cost (b)

—

837

545

837

545

0.06

0.04

Foreign currency exchange gain (c)

—

243

972

0.02

0.07

Less: Tax effect of reconciling items and discrete tax items

—

303

534

0.02

0.04

As Adjusted - Non GAAP

32,874

27,517

1,626

1,343

907

899

0.07

As Adjusted - Non GAAP Margins

39.0

38.4

1.9

(a) Restructuring cost in 2026

(b) Share-based compensation cost excluded for Non-GAAP results, effective beginning 2026, with prior period comparability

VISHAY PRECISION GROUP, INC.

Reconciliation of Adjusted Gross Profit by segment

(Unaudited - In thousands)

Fiscal Quarter Ended

April 4, 2026

March 29, 2025

December 31, 2025

Sensors

Net revenues

33,314

27,056

30,402

As reported - GAAP

11,588

8,146

8,665

As reported - GAAP Margins

34.8

30.1

28.5

Start-up costs

—

187

—

As Adjusted - Non GAAP

11,588

8,333

8,665

As Adjusted - Non GAAP Margins

34.8

30.8

28.5

Weighing Solutions

Net revenues

30,236

26,438

27,739

As reported - GAAP

10,340

9,717

9,156

As reported - GAAP Margins

34.2

36.8

33.0

Start-up costs

—

276

—

As Adjusted - Non GAAP

10,340

9,993

9,156

As Adjusted - Non GAAP Margins

34.2

37.8

33.0

Measurement Systems

Net revenues

20,803

18,246

22,431

As reported - GAAP

10,946

9,182

11,844

As reported - GAAP Margins

52.6

50.3

52.8

Acquisition purchase accounting adjustments

—

110

As Adjusted - Non GAAP

10,946

9,182

11,954

As Adjusted - Non GAAP Margins

52.6

50.3

53.3

VISHAY PRECISION GROUP, INC.

Reconciliation of Adjusted EBITDA

(Unaudited - In thousands)

Fiscal Quarter Ended

April 4, 2026

March 29, 2025

December 31, 2025

Net loss attributable to VPG stockholders

(319

)

(942

)

(1,871

)

Interest Expense

329

550

412

Income tax expense (benefit)

129

(332

)

1,235

Depreciation

3,223

3,056

3,060

Amortization

987

979

983

Restructuring costs (a)

449

395

697

Acquisition purchase accounting adjustments

—

110

Share-based compensation cost (b)

837

545

244

Foreign currency exchange gain (c)

243

972

1,378

ADJUSTED EBITDA

5,878

5,686

6,248

ADJUSTED EBITDA MARGIN

7.0

7.9

7.8

(a) Restructuring cost in 2026

(b) Share-based compensation cost excluded for Non-GAAP results, effective beginning 2026, with prior period comparability

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Document And Entity Information

May 12, 2026

Document Information [Line Items]

Entity, Registrant Name

Vishay Precision Group, Inc.

Document, Type

8-K

Document, Period End Date

May 12, 2026

Entity, Incorporation, State or Country Code

Entity, File Number

1-34679

Entity, Tax Identification Number

27-0986328

Entity, Address, Address Line One

851 Duportail Road, 2nd Floor

Entity, Address, City or Town

Chesterbrook

Entity, Address, State or Province

Entity, Address, Postal Zip Code

19087

City Area Code

484

Local Phone Number

321-5300

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common stock

Trading Symbol

VPG

Security Exchange Name

NYSE

Entity, Emerging Growth Company

false

Amendment Flag

false

Entity, Central Index Key

0001487952

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration