Vicor Corporation
(NASDAQ:VICR)

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters;...

Website: http://www.vicorpower.com

Founded: 1981

Full Time Employees: 993

Sector: Technology

Industry: Electronic Components

Technology

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Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31

product revenue	98,004,000	92,720,000	88,698,000	85,693,000	83,206,000
royalty revenue	14,965,000	14,544,000	21,725,000	10,353,000	10,762,000
total net revenues	112,969,000
cost of product revenues	50,603,000	47,841,000	46,910,000	48,918,000	49,603,000
gross margin	62,366,000	59,423,000	63,513,000	92,128,000	44,365,000	50,360,000	45,744,000	42,771,000	45,123,000	47,344,000	55,878,000	55,173,000	46,534,000	49,139,000	46,970,000	46,849,000	37,601,000	40,816,000	42,813,000	49,871,000	44,700,000	40,451,000	33,347,000	30,318,000	27,331,000	29,761,000	33,002,000	29,117,000	31,086,000	33,873,000	39,004,000	35,883,000	30,211,000	26,931,000	25,143,000	25,930,000	23,652,000	21,499,000	25,923,000	24,471,000	19,316,000	22,831,000	21,286,000	26,510,000	28,891,000	26,116,000	25,550,000	22,662,000	22,792,000	23,431,000	22,980,000	18,461,000	16,607,000	20,125,000	22,953,000	24,106,000	24,467,000	24,491,000	24,440,000	27,309,000	30,454,000	32,984,000	32,473,000	25,739,000	23,324,000	22,497,000	20,668,000	22,598,000	21,831,000	20,809,000	21,903,000	21,113,000	22,460,000	21,279,000	17,904,000	19,599,000	20,227,000	19,674,000	19,951,000	21,109,000	17,045,000	12,909,500	19,014,000	15,579,000	17,045,000	12,152,750	16,231,000	17,380,000	15,000,000
yoy	40.57%	18.00%	38.84%	115.40%	-1.68%	6.37%	-18.14%	-22.48%	-3.03%	-3.65%	18.97%	17.77%	23.76%	20.39%	9.71%	-6.06%	-15.88%	0.90%	28.39%	64.49%	63.55%	35.92%	1.05%	4.12%	-12.08%	-12.14%	-15.39%	-18.86%	2.90%	25.78%	55.13%	38.38%	27.73%	25.27%	-3.01%	5.96%	22.45%	-5.83%	21.78%	-7.69%	-33.14%	-12.58%	-16.69%	16.98%	26.76%	11.46%	11.18%	22.76%	37.24%	16.43%	0.12%	-23.42%	-32.12%	-17.83%	-6.08%	-11.73%	-19.66%	-25.75%	-24.74%	6.10%	30.57%	46.62%	57.12%	13.90%	6.84%	8.11%	-5.64%	7.03%	-2.80%	-2.21%	22.34%	7.72%	11.04%	8.16%	-10.26%	-7.15%	18.67%	52.40%	4.93%	35.50%	0.00%	6.23%	17.15%	-10.36%	13.63%
qoq	4.95%	-6.44%	-31.06%	107.66%	-11.90%	10.09%	6.95%	-5.21%	-4.69%	-15.27%	1.28%	18.56%	-5.30%	4.62%	0.26%	24.60%	-7.88%	-4.66%	-14.15%	11.57%	10.50%	21.30%	9.99%	10.93%	-8.17%	-9.82%	13.34%	-6.33%	-8.23%	-13.16%	8.70%	18.77%	12.18%	7.11%	-3.04%	9.63%	10.01%	-17.07%	5.93%	26.69%	-15.40%	7.26%	-19.71%	-8.24%	10.63%	2.22%	12.74%	-0.57%	-2.73%	1.96%	24.48%	11.16%	-17.48%	-12.32%	-4.78%	-1.48%	-0.10%	0.21%	-10.51%	-10.33%	-7.67%	1.57%	26.16%	10.35%	3.68%	8.85%	-8.54%	3.51%	4.91%	-4.99%	3.74%	-6.00%	5.55%	18.85%	-8.65%	-3.10%	2.81%	-1.39%	-5.49%	23.84%	32.03%	-32.11%	22.05%	-8.60%	40.26%	-25.13%	-6.61%	15.87%
operating expenses:
selling, general and administrative	23,192,000	23,195,000	22,747,000	27,952,000	25,137,000	24,171,000	23,398,000	23,318,000	25,999,000	22,694,000	22,422,000	20,375,000	20,223,000	24,942,000	22,719,000	20,035,000	18,568,000	18,619,000	17,322,000	16,589,000	16,954,000	16,127,000	15,212,000	15,455,000	16,369,000	16,711,000	15,443,000	15,030,000	15,373,000	15,731,000	15,280,000	15,814,000	15,399,000	15,033,000	14,500,000	14,536,000	14,023,000	14,032,000	13,312,000	14,315,000	14,016,000	14,982,000	13,383,000	15,086,000	14,862,000	15,830,000	17,354,000	17,033,000	17,980,000	16,917,000	14,478,000	15,455,000	13,887,000	14,405,000	13,425,000	13,665,000	14,160,000	13,767,000	13,072,000	13,022,000	14,180,000	13,310,000	12,166,000	12,061,000	11,880,000	11,465,000	11,625,000	12,019,000	12,823,000	14,476,000	13,703,000	13,975,000	14,052,000	12,429,000	12,314,000	12,163,000	12,013,000	12,641,000	11,225,000	11,657,000	10,104,000	10,426,000	10,144,000	10,137,000	10,104,000	10,186,000	10,141,000	10,607,000	10,178,000
research and development	22,290,000	20,543,000	19,859,000	18,791,000	19,377,000	16,984,000	16,960,000	16,939,000	18,039,000	17,301,000	17,752,000	16,935,000	15,869,000	16,078,000	14,747,000	15,516,000	14,253,000	13,296,000	13,519,000	13,273,000	13,026,000	12,719,000	12,032,000	12,830,000	13,335,000	12,155,000	11,507,000	11,706,000	11,220,000	11,066,000	10,691,000	11,403,000	11,126,000	11,442,000	10,543,000	11,932,000	11,007,000	10,024,000	10,338,000	10,757,000	10,729,000	10,301,000	10,121,000	10,631,000	10,419,000	10,240,000	10,345,000	10,643,000	10,251,000	10,148,000	9,857,000	9,988,000	9,855,000	9,937,000	9,232,000	9,732,000	9,843,000	9,516,000	9,694,000	9,903,000	9,854,000	9,151,000	8,925,000	9,037,000	8,868,000	8,443,000	7,831,000	7,611,000	7,751,000	8,006,000	7,801,000	8,080,000	7,511,000	7,570,000	7,735,000	7,667,000	7,400,000	7,850,000	7,961,000	8,028,000	7,096,000	7,400,000	7,590,000	7,380,000	7,096,000	7,057,000	6,706,000	6,505,000	5,943,000
total operating expenses	45,482,000	43,738,000	42,606,000	46,743,000	44,514,000	41,155,000	40,358,000	42,557,000	61,238,000	39,995,000	40,174,000	37,310,000	36,092,000	41,020,000	43,966,000	35,551,000	32,821,000	31,915,000	30,841,000	29,862,000	29,980,000	28,846,000	27,244,000	28,285,000	29,704,000	28,866,000	26,950,000	26,736,000	26,593,000	26,859,000	25,961,000	27,567,000	26,525,000	26,475,000	25,043,000	26,468,000	25,030,000	24,056,000	23,650,000	25,072,000	24,745,000	25,283,000	23,504,000	25,717,000	25,281,000	26,294,000	29,682,000	27,676,000	28,231,000	27,065,000	24,335,000	25,443,000	25,103,000	24,379,000	22,657,000	23,397,000	24,003,000	23,283,000	22,766,000	22,925,000	24,034,000	22,461,000	21,091,000	21,098,000	20,748,000	19,924,000	18,736,000	20,489,000	23,672,000	22,482,000	21,504,000	21,878,000	21,563,000	19,999,000	20,049,000	18,477,000	19,413,000	57,691,000	19,186,000	19,685,000	17,200,000	12,550,250	17,734,000	15,267,000	17,200,000	12,520,000	16,847,000	17,112,000	16,121,000
income from operations	16,884,000	15,685,000	20,907,000	45,385,000	-149,000	9,205,000	5,386,000	214,000	-16,115,000	7,349,000	15,704,000	17,863,000	10,442,000	8,119,000	3,004,000	11,298,000	4,780,000	8,901,000	11,972,000	20,009,000	14,720,000	11,605,000	6,103,000	2,033,000	-2,373,000	895,000	6,052,000	2,381,000	4,493,000	7,014,000	13,043,000	8,316,000	3,686,000	456,000	100,000	-538,000	-1,378,000	-2,557,000	2,273,000	-601,000	-5,429,000	-2,452,000	-2,218,000	793,000	3,610,000	-178,000	-4,132,000	-5,014,000	-5,439,000	-3,634,000	-1,355,000	-6,982,000	-8,496,000	-4,254,000	296,000	709,000	464,000	1,208,000	1,674,000	4,384,000	6,420,000	10,523,000	11,382,000	4,641,000	2,576,000	2,573,000	1,932,000	2,109,000	-1,841,000	-1,673,000	399,000	-765,000	897,000	1,280,000	-2,145,000	1,122,000	814,000	-38,017,000	765,000	1,424,000	-155,000	1,943,000	1,280,000	312,000	-155,000	-2,566,000	-616,000	268,000	-1,121,000
yoy	-11431.54%	70.40%	288.17%	21107.94%	-99.08%	25.26%	-65.70%	-98.80%	-254.33%	-9.48%	422.77%	58.11%	118.45%	-8.79%	-74.91%	-43.54%	-67.53%	-23.30%	96.17%	884.21%	-720.31%	1196.65%	0.84%	-14.62%	-152.82%	-87.24%	-53.60%	-71.37%	21.89%	1438.16%	12943.00%	-1645.72%	-367.49%	-117.83%	-95.60%	-10.48%	-74.62%	4.28%	-202.48%	-175.79%	-250.39%	1277.53%	-46.32%	-115.82%	-166.37%	-95.10%	204.94%	-28.19%	-35.98%	-14.57%	-557.77%	-1084.77%	-1931.03%	-452.15%	-82.32%	-83.83%	-92.77%	-88.52%	-85.29%	-5.54%	149.22%	308.98%	489.13%	120.06%	-239.92%	-253.80%	384.21%	-375.69%	-305.24%	-230.70%	-118.60%	-168.18%	10.20%	-103.37%	-380.39%	-21.21%	-625.16%	-2056.61%	-40.23%	356.41%	0.00%	-175.72%	-307.79%	16.42%	-86.17%
qoq	7.64%	-24.98%	-53.93%	-30559.73%	-101.62%	70.91%	2416.82%	-101.33%	-319.28%	-53.20%	-12.09%	71.07%	28.61%	170.27%	-73.41%	136.36%	-46.30%	-25.65%	-40.17%	35.93%	26.84%	90.15%	200.20%	-185.67%	-365.14%	-85.21%	154.18%	-47.01%	-35.94%	-46.22%	56.84%	125.61%	708.33%	356.00%	-118.59%	-60.96%	-46.11%	-212.49%	-478.20%	-88.93%	121.41%	10.55%	-379.70%	-78.03%	-2128.09%	-95.69%	-17.59%	-7.81%	49.67%	168.19%	-80.59%	-17.82%	99.72%	-1537.16%	-58.25%	52.80%	-61.59%	-27.84%	-61.82%	-31.71%	-38.99%	-7.55%	145.25%	80.16%	0.12%	33.18%	-8.39%	-214.56%	10.04%	-519.30%	-152.16%	-185.28%	-29.92%	-159.67%	-291.18%	37.84%	-102.14%	-5069.54%	-46.28%	-1018.71%	-107.98%	51.80%	310.26%	-301.29%	-93.96%	316.56%	-329.85%	-123.91%
other income, net:																																																		22,500	50,000	26,000	14,000	47,250	58,000	81,000	50,000	13,250	72,000	186,000	-205,000
total unrealized gains on available-for-sale securities	46,000	56,000	-178,000	-80,000	23,000	27,500	40,000	-22,000	92,000	-2,750	20,000	-40,000	9,000	70,000		16,000	-103,000	41,000	37,000	20,000	24,000	-74,000	36,000	-2,000	47,000	-66,000	11,000	19,000	20,000	-87,000	32,000	33,000	23,000	-74,000	34,000	39,000	18,000	-72,000	1,000	26,000	27,000	-103,000	15,000	54,000	-15,000	611,000	60,000	40,000	39,000
less: portion of gains recognized in other comprehensive income	-46,000				-23,000				-92,000									-19,500	-36,000		-23,000	-19,500	-35,000		-46,000	-11,750	-10,000	-18,000	-19,000	-20,500	-30,000	-31,000
net credit gains recognized in earnings															1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	2,000	2,000	2,000	2,000	3,000	3,000	3,000	3,000	3,000	3,000	4,000		4,000	4,000	4,000	272,000	19,000	20,000			1,000	-80,000	1,000	-25,000	12,000	1,000
other income	3,519,000	3,545,000	2,407,000	3,657,000	3,134,000	2,553,000	3,713,000	2,807,000	2,724,000	3,243,000	1,917,000	1,776,000	1,950,000	1,808,000	-569,000	83,000	161,000	203,000	393,000	372,000	231,000	377,000	333,000	232,000	147,000	392,000	145,000	287,000	238,000	255,000	230,000	-46,000	428,000	266,000	306,000	357,000	322,000	-69,000	208,000	61,000	71,000	14,000	-3,000	35,000	-33,000	-52,000	-83,000	62,000	30,000													-47,000	156,000	424,000	110,000	117,000	245,000	666,000	118,000	-278,000	-230,000	-36,000	755,000	663,000	1,242,000	906,000	1,577,000	305,000	1,318,000	1,409,000	494,000	562,000	261,000	183,000	494,000	779,000	544,000	94,000	215,000
total other income	3,519,000	3,545,000	2,407,000	3,657,000	3,134,000	2,553,000	3,713,000	2,807,000	2,724,000	3,243,000	1,917,000	1,776,000	1,950,000	1,808,000	-568,000	84,000	162,000	204,000	394,000	373,000	232,000	378,000	334,000	233,000	148,000	393,000	146,000	288,000	239,000	256,000	232,000	-44,000	430,000	268,000	309,000	360,000	325,000	-66,000	211,000	64,000	75,000	14,000	1,000	39,000	-29,000	220,000	-64,000	82,000	30,000	-10,000	51,000	-54,000	15,000	-11,000	70,000	82,000	53,000	-2,000		546,000	-198,000	-82,000	87,000	425,000	67,000	120,000	251,000	193,000
income before income taxes	20,403,000	19,230,000	23,314,000	49,042,000	2,985,000	11,758,000	9,099,000	3,021,000	-13,391,000	10,592,000	17,621,000	19,639,000	12,392,000	9,927,000	2,436,000	11,382,000	4,942,000	9,105,000	12,366,000	20,382,000	14,952,000	11,983,000	6,437,000	2,266,000	-2,225,000	1,288,000	6,198,000	2,669,000	4,732,000	7,270,000	13,275,000	8,272,000	4,116,000	724,000	409,000	-178,000	-1,053,000	-2,623,000	2,484,000	-537,000	-5,354,000	-2,438,000	-2,217,000	832,000	3,581,000	42,000	-4,196,000	-4,932,000	-5,409,000	-3,644,000	-1,304,000	-7,036,000	-8,481,000	-4,265,000	366,000	791,000	517,000	1,206,000	1,674,000	4,930,000	6,222,000	10,441,000	11,469,000	5,066,000	2,643,000	2,693,000	2,183,000	2,302,000	-1,723,000	-1,951,000	169,000	-801,000	1,652,000	1,943,000	-903,000	2,028,000	2,391,000	-37,712,000	2,083,000	2,833,000	339,000	2,505,000	1,541,000	495,000	339,000	-1,787,000	-72,000	362,000	-906,000
less: provision for income taxes	-273,000	-27,303,000	-4,988,000	7,842,000	424,000	1,516,000	-2,455,000															788,000	651,000	-406,000	-494,000	-27,000	266,000	113,000	426,000	363,000	227,000	363,000	134,000	-895,000	371,000	267,000	-99,000	63,000	133,000	13,000	22,000	-775,000	174,000
consolidated net income	20,676,000	46,533,000	28,302,000	41,200,000	2,561,000	10,242,000	11,554,000	-1,195,000	-14,462,000	8,664,000	16,583,000	17,102,000	11,251,000	8,061,000	1,795,000	10,580,000	4,990,000	8,899,000	13,252,000	19,383,000	15,095,000	11,195,000	5,786,000	2,672,000	-1,731,000	1,315,000	5,932,000	2,556,000	4,306,000	6,907,000	13,048,000	7,909,000	3,982,000	1,619,000	38,000			-2,686,000	2,351,000	-550,000	-5,376,000	-1,663,000	2,609,000	771,000	3,442,000					-13,020,000	-898,000	-4,600,000	-4,986,000	-4,663,000	280,000	244,000	341,000	761,000	1,175,000	3,204,000	4,169,000	10,918,000	15,869,000	4,747,000	2,005,000	2,496,000	1,990,000	1,758,000	-2,151,000
less: net income attributable to noncontrolling interest	12,000		10,000	8,000	22,000	3,500	2,000	1,000	11,000	2,250	1,000	1,000	7,000	-1,000	3,000		-9,000	19,000	-7,000	-11,000	3,000	2,000	1,000	5,000	4,000	3,000	-5,000	-7,000	20,000	-3,000	36,000	49,000	39,000	8,000	49,000	14,000	20,000	2,000	15,000	-6,000	-25,000	89,000	106,000	-34,000	71,000	-43,000	5,000	-97,000	-48,000	82,000	34,000	16,000	4,000	151,000	89,000	24,000	15,000	84,000	93,000	138,000	151,000	111,000	50,000		53,000	187,000	299,000	417,000	392,000
net income attributable to vicor corporation	20,664,000	46,533,000	28,292,000	41,192,000	2,539,000	10,246,000	11,552,000	-1,196,000	-14,473,000	8,668,000	16,582,000	17,101,000	11,244,000	8,062,000	1,792,000	10,593,000	4,999,000	8,880,000	13,259,000	19,394,000	15,092,000	11,193,000	5,785,000	2,667,000	-1,735,000	1,312,000	5,937,000	2,563,000	4,286,000	6,910,000	13,012,000	7,860,000	3,943,000	1,611,000	-11,000			-2,688,000	2,336,000	-544,000	-5,351,000	-1,752,000	2,503,000	805,000	3,371,000					-13,102,000	-932,000	-4,616,000	-4,990,000	-4,814,000	191,000	220,000	326,000	677,000	1,082,000	3,066,000	4,018,000	10,807,000	15,819,000	4,747,000	1,952,000	2,309,000	1,691,000	1,341,000	-2,543,000
net income per common share attributable to vicor corporation:
basic	450	1,030	630	920	60	-22.5	260	-30	-330	252.5	370	390	250	180	40	240	110	200	300	450	350	260	130	60	-40	30	150	60	110	180	320	200	100	-10				-70	60	-10	-140	-40	60	20	90					-330	-20		-120	-120		10		10	30	70	100	260	380	110	50	60	40		-60		10	-30	10	40	10	20	60	-910	60	70		50	40
diluted	440	1,020	630	910	60	-22.5	260	-30	-330	250	370	380	250	180	40	240	110	200	290	430	340	260	130	60	-40	30	140	60	100	170	320	190	100	-10				-70	60	-10	-140	-40	60	20	90					-330	-20		-120	-120		10		10	30	70	100	260	380	110	50	60	40		-60		10	-30	10	40	10	20	60	-910	60	70		50	40
shares used to compute net income per common share attributable to vicor corporation:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917
patent litigation settlement				45,000,000
total net revenues and patent litigation settlement		107,264,000	110,423,000	141,046,000
litigation-contingency expense								2,300,000	17,200,000
less: portion of losses recognized in other comprehensive income		58,750	178,000	80,000		-27,500	-40,000	22,000		2,750	-20,000	40,000	-9,000	22,500	1,000	-15,000	104,000			-19,000				3,000
net revenues					93,968,000	96,166,000	93,166,000	85,854,000	83,872,000	92,652,000	107,844,000	106,747,000	97,816,000	105,493,000	103,118,000	102,186,000	88,282,000	90,281,000	84,911,000	95,376,000	88,796,000	84,302,000	78,112,000	70,761,000	63,401,000	63,125,000	70,772,000	63,355,000	65,725,000	73,720,000	78,035,000	74,196,000	65,269,000	58,771,000	56,888,000	57,709,000	54,462,000	48,085,000	53,227,000	52,941,000	46,027,000	51,394,000	48,664,000	56,119,000	64,017,000	60,735,000	58,402,000	53,361,000	53,233,000	55,258,000	55,091,000	46,865,000	41,946,000	50,424,000	52,948,000	55,467,000	59,668,000	58,551,000	58,560,000	65,402,000	70,455,000	72,975,000	68,672,000	57,377,000	51,709,000	49,138,000	47,746,000	50,627,000	50,448,000	51,324,000	51,278,000	49,297,000	53,469,000	53,947,000	47,693,000	47,206,000	46,981,000	48,033,000	46,932,000	49,210,000	43,180,000
cost of revenues						32,313,500	47,422,000	43,083,000	38,749,000	45,308,000	51,966,000	51,574,000	51,282,000	56,354,000	56,148,000	55,337,000	50,681,000	49,465,000	42,098,000	45,505,000	44,096,000	43,851,000	44,765,000	40,443,000	36,070,000	33,364,000	37,770,000	34,238,000	34,639,000	39,847,000	39,031,000	38,313,000	35,058,000	31,840,000	31,745,000	31,779,000	30,810,000	26,586,000	27,304,000	28,470,000	26,711,000	28,563,000	27,378,000	29,609,000	35,126,000	34,619,000	32,852,000	30,699,000	30,441,000	31,827,000	32,111,000	28,404,000	25,339,000	30,299,000	29,995,000	31,361,000	35,201,000	34,060,000	34,120,000	38,093,000	40,001,000	39,991,000	36,199,000	31,638,000	28,385,000	26,641,000	27,078,000	28,029,000	28,617,000	30,515,000	29,375,000	28,184,000	31,009,000	32,668,000	29,789,000	27,607,000	26,754,000	28,359,000	26,981,000	28,101,000	26,135,000	26,525,000	26,284,000	29,000,000	26,135,000	25,960,000	26,817,000	27,994,000	27,521,000
provision for income taxes								4,216,000	1,071,000	1,179,000	1,038,000	2,537,000	1,141,000			802,000		-7,500	-886,000	999,000																								61,000	139,000				17,000	9,376,000	-406,000	-2,436,000	-3,495,000	398,000	86,000	547,000	176,000	445,000	499,000	1,726,000	2,053,000	-477,000	-4,400,000	319,000	638,000	197,000	193,000	544,000	428,000	911,000	-527,000	350,000	242,000	314,000	-1,616,000	298,000	-11,000	438,000	-379,000	-41,000	300,000	425,000	-167,000	406,000	300,000			-301,000	-284,000
litigation-related															6,500,000
provision for income (benefit) taxes														348,750	641,000
less: net loss attributable to
noncontrolling interest																-13,000
benefit for income taxes																	-48,000				-143,000																									-127,500	-527,000																																							-271,250	-500,000
severance and other charges																														62,000	-10,000															224,000	1,983,000
severance charge																																350,000																																					3,098,000
portion of losses recognized in other comprehensive income																																	-21,000	-20,500	-31,000			-11,000	2,000						19,000				-39,000	157,000	-64,000	-66,000	-51,000
portion of gains recognized in other comprehensive income																																				-36,000	-15,000			-23,000	-23,000	103,000	-11,000	-50,000		-339,000	-41,000	-20,000
consolidated net incomes																																				-445,000	-954,000									-43,000	-3,669,000	-4,932,000	-5,426,000
net loss attributable to vicor corporation																																				-459,000	-974,000										-3,674,000	-4,835,000	-5,378,000
net loss per common share attributable to vicor corporation:
basic																																				-10	-20										-100	-130	-140																																					-10	-10		-30
diluted																																				-10	-20										-100	-130	-140																																					-10	-10		-30
shares used to compute net loss per common share attributable to vicor corporation:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917
gain from sale of equity method investment, net of tax																																											5,000,000
shares used to compute net loss per share attributable to vicor corporation:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917
severance charges																																																					1,361,000													16,000	126,000	859,000
total unrealized gains on available-for-sale securities, net of unrealized losses																																																		25,750	65,000	-14,000	52,000	-70,000	351,000	6,000	224,000
shares used to compute net income per share attributable to vicor corporation:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917
net income per common share attributable to
vicor corporation:
basic																																																				-120					10											30
diluted																																																				-120					10											30
cash dividends per share																																																										0.038	0.15			0.075	0.3								0.15				0.15					0.15			0.12				0.08
portion of loss recognized in other comprehensive income																																																						-141,250	-339,000			-218,500	53,000	-807,000	-120,000			-120,000	436,000
portion of gain recognized in other comprehensive income																																																								-5,000	-221,000					-55,750	-476,000			130,000	-177,000	-1,342,000
net impairment gains recognized in earnings																																																									3,000	7,000	-72,000	360,000	7,000	-27,750	-69,000	1,000		-116,750	6,000
total other than temporary impairment losses on available-for-sale securities, net of settlement gains																																																										292,250	-125,000
total other than temporary impairment gains on available-for-sale securities																																																												1,167,000	127,000	-383,000	407,000	121,000	-479,000	-127,000	183,000	869,000
gain from litigation-related and other settlements																																																																			-846,000
cash dividends declared per share																																																																0.3									0.15				0.15	0.068
net impairment losses recognized in earnings																																																																	-43,000			-473,000
loss from equity method investment																																																																									790,000	132,000	170,000	756,000
gain from litigation-related settlements																																																																						-44,250		-177,000
loss from equity method investment, net of tax																																																																						262,250	87,000	172,000
net income																																																																						-3,501,000	609,000	-1,323,000	620,000	1,497,000	543,000	974,000	2,402,000	-38,150,000	2,462,000	2,874,000	39,000	2,080,000	1,708,000	89,000	39,000	-2,022,000	-572,000	61,000	-1,190,000
yoy																																																																						-333.87%	12.15%	-235.83%	-74.19%	-103.92%	-77.94%	-66.11%	6058.97%	-1934.13%	44.15%	3129.21%	0.00%	-202.87%	-398.60%	45.90%	-103.28%
qoq																																																																						-674.88%	-146.03%	-313.39%	-58.58%	175.69%	-44.25%	-59.45%	-106.30%	-1649.55%	-14.34%	7269.23%	-98.13%	21.78%	1819.10%	128.21%	-101.93%	253.50%	-1037.70%	-105.13%
net income per common share:
basic	450	1,030	630	920	60	-22.5	260	-30	-330	252.5	370	390	250	180	40	240	110	200	300	450	350	260	130	60	-40	30	150	60	110	180	320	200	100	-10				-70	60	-10	-140	-40	60	20	90					-330	-20		-120	-120		10		10	30	70	100	260	380	110	50	60	40		-60		10	-30	10	40	10	20	60	-910	60	70		50	40
diluted	440	1,020	630	910	60	-22.5	260	-30	-330	250	370	380	250	180	40	240	110	200	290	430	340	260	130	60	-40	30	140	60	100	170	320	190	100	-10				-70	60	-10	-140	-40	60	20	90					-330	-20		-120	-120		10		10	30	70	100	260	380	110	50	60	40		-60		10	-30	10	40	10	20	60	-910	60	70		50	40
shares used to compute net income per share:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917
loss from litigation-related settlements																																																																												-1,353,000
gain from litigation-related settlement																																																																																				-2,250,000
net revenues:
product																																																																																		33,264,250	45,298,000	44,579,000	43,180,000	32,642,000	43,048,000	45,374,000	42,146,000
license																																																																																						93,750			375,000
net revenues: - sum																																																																																		33,264,250	45,298,000	44,579,000	43,180,000	32,735,750	43,048,000	45,374,000	42,521,000
net loss per common share:
basic																																				-10	-20										-100	-130	-140																																					-10	-10		-30
diluted																																				-10	-20										-100	-130	-140																																					-10	-10		-30
shares used to compute net loss per share:
basic	45,470,000	54,000	44,734,000	45,007,000	45,217,000	11,207,250	45,117,000	44,855,000	44,516,000	11,068,750	44,433,000	44,230,000	44,162,000	19,000	44,031,000	43,973,000	43,952,000	78,000	43,710,000	43,553,000	43,455,000	372,000	43,164,000	41,643,000	40,635,000	51,000	40,332,000	40,275,000	40,229,000	103,000	40,120,000	39,709,000	39,479,000	51,000	39,288,000	39,172,000	39,070,000	31,000	38,837,000	38,801,000	38,794,000	12,000	38,786,000	38,750,000	38,689,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,189	41,811	41,811	41,811	41,755,207	41,810	41,798	41,771	41,658,318	41,693	41,686	41,666	10,416.25	41,665	41,665	41,665	5	41,660	41,643	41,636	11	41,617	41,576	41,565	-93	41,703	42,144	41,980	27	41,912	41,795	41,980	10,505.25	42,098	42,049	41,917
diluted	47,254,000	283,000	44,930,000	45,077,000	45,495,000	11,207,250	45,174,000	44,855,000	44,516,000	11,250,000	45,187,000	44,906,000	44,907,000	-12,000	44,898,000	44,866,000	44,954,000	61,000	45,034,000	44,841,000	44,841,000	302,000	44,743,000	43,385,000	40,635,000	242,000	42,194,000	41,081,000	41,029,000	84,000	41,124,000	40,646,000	40,167,000	756,000	39,288,000	39,172,000	39,070,000	31,000	39,184,000	38,801,000	38,794,000	-30,000	39,086,000	39,293,000	39,149,000	38,530,455	38,552	38,542	38,541	39,155,586	38,538	38,538	41,167	41,769,182	41,815	41,812	41,826	41,814,135	41,851	41,887	41,859	41,730,258	41,774	41,752	41,700	10,417	41,675	41,665	41,665	5	41,685	41,643	41,675	30	41,715	41,641	41,614	-373	41,771	42,482	42,115	40	42,093	41,938	42,115	10,505.25	42,098	42,344	41,917

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31

assets
current assets:
cash and cash equivalents	404,245,000	402,805,000	362,382,000	338,541,000	296,099,000	277,273,000	267,605,000	251,884,000	239,172,000	242,219,000	227,784,000	203,829,000	192,897,000	190,611,000	182,098,000	187,677,000	191,050,000	182,418,000	178,663,000	159,763,000	127,411,000	161,742,000	203,605,000	196,704,000	82,751,000	84,668,000	81,229,000	71,482,000	66,614,000	70,557,000	68,206,000	53,920,000	42,678,000	44,230,000	48,936,000	51,425,000	52,827,000	56,170,000	55,066,000	54,153,000	59,710,000	62,980,000	68,571,000	65,148,000	59,322,000	55,187,000	53,186,000	50,805,000	50,307,000	56,339,000	61,188,000	60,778,000	71,403,000	84,554,000	84,752,000	82,244,000	78,250,000	71,908,000	66,889,000	69,779,000	56,400,000	49,279,000	46,749,000	46,604,000	41,661,000	40,224,000	35,895,000		25,136,000	22,639,000	25,436,000	33,000,000	34,093,000	20,017,000	49,504,000	30,249,000	32,864,000	36,185,000	28,376,000	30,348,000	25,830,000	34,024,000	46,088,000	55,423,000	36,695,000	36,277,000	38,325,000	42,527,000	41,574,000
accounts receivable	67,402,000		53,252,000	55,085,000	65,864,000		58,525,000	54,857,000	57,604,000		62,638,000	63,818,000	61,061,000		56,287,000	54,536,000	52,659,000		51,080,000																																																																	26,285,000	26,818,000		22,842,000	22,714,000	22,052,000
inventories	94,830,000	91,340,000	92,294,000	95,493,000	98,515,000	106,032,000	105,761,000	109,084,000	112,316,000	106,579,000	104,570,000	106,606,000	107,382,000	101,410,000	94,336,000	83,055,000	73,861,000	67,322,000	63,409,000	57,129,000	54,256,000	57,269,000	58,169,000	55,630,000	53,352,000	49,187,000	49,688,000	54,572,000	51,589,000	47,370,000	43,444,000	41,753,000	38,959,000	36,499,000	33,883,000	30,514,000	27,429,000	27,136,000	26,562,000	26,130,000	24,150,000	23,442,000	26,259,000	25,462,000	24,837,000	26,328,000	28,119,000	29,228,000	29,521,000	29,696,000	27,987,000	28,668,000	29,921,000	29,955,000	30,762,000	30,730,000	31,489,000	35,752,000	36,461,000	36,177,000	35,610,000	35,489,000	29,878,000	25,686,000	21,710,000	21,357,000	22,190,000	24,763,000	25,631,000	26,681,000	27,104,000	26,025,000	25,528,000	23,078,000	21,905,000	23,583,000	22,585,000	22,001,000	20,931,000	19,924,000	18,657,000	17,168,000	18,234,000	20,763,000	24,704,000	26,229,000	26,023,000	23,787,000	23,488,000
other current assets	32,992,000	32,502,000	25,985,000	25,662,000	26,486,000	26,781,000	18,933,000	19,510,000	19,173,000	18,937,000	3,975,000	4,533,000	5,030,000	5,154,000	5,483,000	7,142,000	7,021,000	6,708,000	6,633,000	6,657,000	6,954,000	6,756,000	6,872,000	7,842,000	7,808,000	7,096,000	5,114,000	5,054,000	3,880,000	3,460,000	3,900,000	4,102,000	3,733,000	3,616,000	3,470,000	3,867,000	3,446,000	3,250,000	3,086,000	3,288,000	3,048,000	3,102,000	2,929,000	3,346,000	3,180,000	3,155,000	4,934,000	4,948,000	4,666,000	4,212,000	3,497,000	5,036,000	2,601,000	2,613,000	2,823,000	2,802,000	2,669,000	3,088,000	3,034,000	3,641,000	2,273,000	2,397,000	5,624,000	5,237,000	4,584,000	4,345,000	2,986,000	3,119,000	2,817,000	2,279,000	2,977,000	3,121,000	3,358,000	2,629,000	2,505,000	3,035,000	2,575,000	2,181,000	2,359,000	2,945,000	2,786,000	2,518,000	2,478,000	3,112,000	3,038,000	2,245,000	2,311,000	3,443,000	2,928,000
total current assets	599,469,000	587,363,000	533,913,000	514,781,000	486,964,000	463,034,000	450,824,000	435,335,000	428,265,000	420,366,000	398,967,000	378,786,000	366,370,000	362,604,000	358,153,000	352,331,000	344,594,000	356,760,000	350,002,000	349,030,000	332,037,000	316,932,000	309,782,000	308,678,000	185,190,000	179,066,000	176,018,000	169,645,000	163,788,000	165,060,000	160,602,000	144,831,000	127,004,000	118,832,000	120,100,000	119,898,000	113,680,000	111,772,000	112,740,000	111,579,000	110,257,000	115,506,000	122,479,000	121,131,000	120,211,000	113,478,000	114,258,000	112,823,000	117,037,000	118,524,000	123,241,000	119,779,000	129,225,000	146,063,000	151,858,000	147,189,000	146,003,000	144,334,000	140,690,000	146,608,000	136,578,000	128,154,000	125,369,000	121,240,000	100,035,000	95,447,000	90,443,000	85,768,000	83,950,000	82,756,000	87,277,000	92,731,000	99,608,000	136,961,000	135,391,000	142,958,000	136,417,000	189,669,000	172,411,000	181,392,000	177,485,000		170,591,000	172,362,000	169,880,000		169,158,000	170,919,000	166,133,000
long-term deferred tax assets	27,798,000		275,000	281,000	273,000		288,000	258,000	277,000		341,000	343,000	280,000		260,000	266,000	206,000		221,000	221,000	224,000	226,000	189,000	188,000	206,000	205,000	241,000	241,000	266,000	265,000	184,000	185,000	213,000	210,000	21,000	21,000	39,000	38,000	11,000	11,000	15,000	15,000									9,045,000	7,538,000	7,271,000	3,523,000	2,731,000	3,039,000	2,556,000	2,542,000	2,320,000	1,780,000	1,830,000	2,805,000	222,000
long-term investment	2,508,000	2,462,000	2,406,000	2,584,000	2,664,000	2,641,000	2,640,000	2,600,000	2,622,000	2,530,000	2,611,000	2,591,000	2,631,000	2,622,000	2,552,000	2,552,000	2,536,000	2,639,000				2,517,000				2,510,000				2,526,000
property, plant and equipment	154,637,000	147,690,000	152,526,000	154,285,000	153,117,000	152,705,000	158,779,000	156,689,000	157,677,000	157,689,000	170,596,000	169,401,000	167,812,000	166,009,000	163,198,000	156,815,000	140,494,000	115,975,000	104,446,000	92,956,000	81,124,000	74,843,000	65,780,000	59,475,000	56,879,000	56,952,000	56,336,000	55,285,000	55,642,000	50,432,000	41,465,000	40,433,000	40,973,000	41,356,000	41,248,000	38,927,000	38,100,000	37,574,000	37,535,000	37,853,000	37,177,000	37,450,000	36,108,000	36,031,000	36,460,000	37,387,000	37,601,000	38,670,000	39,176,000	40,092,000	40,457,000	41,546,000	42,738,000	44,092,000	44,119,000	44,722,000	45,840,000	47,241,000	48,857,000	50,456,000	51,199,000	50,848,000	49,104,000	48,775,000	49,051,000	49,009,000	45,023,000	45,912,000	46,713,000	48,254,000	49,151,000	49,322,000	50,049,000	50,257,000	50,464,000	48,865,000	50,838,000	51,573,000	53,358,000	55,207,000	56,890,000	59,114,000	61,046,000	61,129,000	63,988,000	67,001,000	70,147,000	74,239,000	78,204,000
other assets	20,469,000	20,853,000	21,127,000	21,578,000	22,020,000	22,477,000	20,231,000	18,352,000	16,276,000	14,006,000	11,620,000	9,540,000	7,162,000	5,386,000	2,939,000	1,392,000	1,519,000	1,623,000	1,563,000	1,608,000	1,695,000	1,721,000	1,777,000	1,838,000	1,893,000	1,994,000	2,739,000	2,867,000	2,762,000	2,785,000	2,801,000	2,813,000	2,892,000	2,801,000	2,108,000	2,204,000	2,226,000	2,175,000	2,172,000	2,127,000	1,908,000	1,708,000	1,718,000	1,670,000	1,700,000	1,675,000	1,726,000	1,786,000	1,830,000	1,836,000	1,904,000	1,967,000	2,055,000	2,167,000	4,196,000	4,257,000	4,307,000	4,439,000	4,504,000	4,535,000	4,601,000	4,688,000	4,754,000	4,828,000	4,896,000	4,941,000	5,052,000	4,982,000	4,597,000	4,690,000	5,333,000	5,397,000	5,469,000	5,240,000	5,386,000	5,548,000	6,614,000	6,865,000	8,329,000	8,416,000	9,988,000	10,146,000	10,040,000	10,136,000	9,995,000	9,903,000	9,918,000	8,982,000	9,076,000
total assets	804,881,000	785,831,000	710,247,000	693,509,000	665,038,000	641,118,000	632,762,000	613,234,000	605,117,000	594,887,000	584,135,000	560,661,000	544,255,000	536,901,000	527,102,000	513,356,000	489,349,000	477,205,000	458,830,000	446,376,000	417,621,000	396,239,000	380,119,000	372,734,000	246,725,000	240,727,000	237,910,000	230,603,000	225,004,000	221,068,000	207,665,000	190,843,000	173,630,000	165,724,000	166,076,000	163,615,000	156,571,000	154,067,000	155,038,000	154,149,000	151,910,000	157,545,000	163,275,000	161,787,000	161,273,000	155,542,000	158,719,000	158,274,000	163,088,000	165,640,000	180,878,000
liabilities and equity
current liabilities:
accounts payable	16,733,000	12,290,000	15,391,000	16,805,000	16,866,000	8,737,000	15,724,000	12,269,000	12,439,000	12,100,000	14,146,000	15,325,000	16,790,000	22,207,000	24,004,000	32,032,000	22,572,000	21,189,000	18,346,000	22,081,000	16,365,000	14,121,000	11,911,000	15,647,000	13,440,000	9,005,000	10,329,000	10,819,000	11,177,000	16,149,000	13,106,000	11,219,000	11,396,000	9,065,000	11,508,000	10,542,000	9,090,000	7,588,000	7,965,000	8,858,000	8,232,000	7,470,000	8,803,000	9,397,000	10,111,000	7,932,000	9,336,000	9,221,000	8,148,000	8,677,000	9,772,000	6,300,000	6,473,000	6,812,000	7,551,000	7,181,000	7,728,000	8,151,000	8,732,000	11,619,000	12,794,000	11,999,000	12,879,000	11,613,000	8,923,000	9,458,000	6,625,000	6,142,000	6,577,000	5,592,000	8,745,000	8,260,000	9,338,000	10,062,000	9,843,000	7,115,000	7,505,000	7,273,000	7,728,000	8,372,000	8,032,000	8,741,000	7,438,000	6,723,000	6,916,000	5,806,000	6,920,000	6,559,000	6,498,000
accrued compensation and benefits	13,456,000	12,031,000	13,438,000	13,351,000	12,548,000	10,852,000	12,449,000	12,109,000	11,636,000	11,227,000	11,534,000	12,103,000	11,324,000	10,849,000	13,070,000	13,128,000	12,592,000	12,753,000	13,994,000	15,794,000	14,485,000	14,094,000	13,248,000	13,687,000	10,081,000	10,410,000	9,548,000	11,144,000	9,410,000	10,657,000	9,159,000	11,049,000	9,002,000	9,891,000	8,939,000	9,925,000	8,675,000	8,965,000	8,649,000	9,702,000	8,145,000	8,349,000	8,628,000	9,040,000	9,172,000	8,663,000	9,687,000	8,780,000	9,136,000	8,055,000	8,907,000	8,170,000	8,024,000	7,400,000	8,544,000	8,047,000	8,120,000	7,337,000	8,354,000	7,273,000	7,489,000	6,772,000	7,188,000	7,128,000	6,557,000	5,740,000	6,269,000	7,114,000	6,260,000	6,783,000	6,476,000	7,082,000	5,609,000	6,003,000	5,212,000	5,583,000	4,884,000	5,192,000	4,839,000	5,719,000	4,660,000	4,583,000	3,938,000	4,577,000	3,759,000	4,265,000	3,541,000	4,333,000	4,194,000
accrued litigation		28,275,000	27,919,000	27,563,000	27,219,000	26,888,000	26,550,000	26,212,000	23,700,000	6,500,000	6,500,000	6,500,000	6,500,000	6,500,000	6,500,000
accrued expenses	4,425,000	3,691,000	5,437,000	3,351,000	8,558,000	6,589,000	6,429,000	6,170,000	7,078,000	5,093,000	5,438,000	4,284,000	4,769,000	8,613,000	5,754,000	4,011,000	3,172,000	4,158,000	3,589,000	3,618,000	3,153,000	2,624,000	2,417,000	2,689,000	2,761,000	2,690,000	2,335,000	2,228,000	2,166,000	2,631,000	2,384,000	2,535,000	2,262,000	2,989,000	2,311,000	2,475,000	2,104,000	2,179,000	2,178,000	2,266,000	2,220,000	2,568,000	2,341,000	2,240,000	2,217,000	3,178,000	4,602,000	3,586,000	4,890,000	2,841,000	2,298,000	2,097,000	1,971,000	2,233,000	2,486,000	2,523,000	2,740,000	2,846,000	2,606,000	3,132,000	4,236,000	3,138,000	3,093,000	3,164,000	2,608,000	2,618,000	2,788,000	3,027,000	3,053,000	2,911,000	3,015,000	2,925,000	3,477,000	3,471,000	3,823,000	3,532,000	3,617,000	4,189,000	3,762,000	3,131,000	3,235,000	3,016,000	2,977,000	2,462,000	2,953,000	2,815,000
short-term lease liabilities	1,433,000	1,568,000	1,584,000	1,699,000	1,675,000	1,716,000	1,739,000	1,757,000	1,812,000	1,864,000	1,698,000	1,749,000	1,459,000	1,450,000	1,449,000	1,572,000	1,214,000	1,551,000	1,625,000	1,559,000	1,571,000	1,629,000	1,563,000	1,156,000	1,370,000	1,520,000	1,580,000
sales allowances	3,661,000	3,136,000	2,569,000	2,639,000	2,114,000	1,667,000	2,640,000	2,989,000	3,130,000	3,482,000	2,553,000	2,571,000	2,389,000	1,661,000	1,427,000	1,006,000	1,605,000	1,464,000	1,661,000	1,919,000	1,253,000	597,000	736,000	867,000	781,000	741,000	1,076,000	640,000	617,000	548,000	567,000	550,000	384,000
income taxes payable	71,000	904,000	154,000	2,926,000	57,000	59,000	642,000	3,674,000	1,602,000	746,000	1,046,000	824,000	663,000	72,000	7,000	2,000	21,000	66,000	10,000	890,000	43,000	139,000	62,000	56,000	34,000	57,000	57,000	85,000	182,000	710,000	708,000	526,000	298,000	300,000	252,000	86,000	104,000	92,000	23,000	9,000	29,000	31,000	7,000	8,000	17,000	41,000	6,000	5,000	15,000	15,000			50,000	336,000	434,000	1,223,000	304,000	420,000	317,000	251,000	769,000	102,000	276,000	427,000	362,000	60,000		68,000	334,000	1,349,000	1,333,000	696,000	591,000	278,000	628,000	2,364,000	2,290,000	2,049,000	1,692,000	2,293,000	6,407,000	6,279,000	5,953,000	6,323,000	6,355,000	6,367,000	6,599,000	6,200,000	6,347,000
short-term deferred revenue and customer prepayments	2,155,000	3,426,000	4,197,000	5,506,000	6,624,000	5,312,000	4,198,000	2,656,000	2,684,000	3,157,000	3,618,000	6,620,000	9,765,000	13,197,000	12,148,000	7,702,000	8,384,000	7,912,000	3,390,000	3,916,000	6,008,000	7,309,000	8,061,000	7,817,000	6,753,000	5,507,000
total current liabilities	41,934,000	65,321,000	70,689,000	73,840,000	75,661,000	61,820,000	70,371,000	67,836,000	64,081,000	44,169,000	46,533,000	49,976,000	53,672,000	64,549,000	64,359,000	59,453,000	49,560,000	49,093,000	42,615,000	49,777,000	42,878,000	40,513,000	37,998,000	41,919,000	35,220,000	29,930,000	30,768,000	33,157,000	30,733,000	35,998,000	30,691,000	30,839,000	26,111,000	28,036,000	31,779,000	30,766,000	24,500,000	22,227,000	21,441,000	22,729,000	20,596,000	20,601,000	22,012,000	23,612,000	24,684,000	23,157,000	27,296,000	22,851,000	23,284,000	20,655,000	22,137,000	18,075,000	18,296,000	17,565,000	19,667,000	19,578,000	19,748,000	19,948,000	20,769,000	23,016,000	25,808,000	22,700,000	28,011,000	38,914,000	21,623,000	20,656,000	18,564,000	19,473,000	19,415,000	17,459,000	20,423,000	19,659,000	26,741,000	21,037,000	20,599,000	21,712,000	18,350,000	68,779,000	18,152,000	25,973,000	22,451,000		20,588,000	25,414,000	20,402,000		21,848,000	22,660,000	23,127,000
long-term income taxes payable	3,109,000	3,086,000	3,430,000	4,809,000	3,461,000	3,387,000	1,916,000	1,917,000	2,236,000	2,228,000	848,000	875,000	869,000	862,000	529,000	577,000	574,000	569,000	564,000	649,000	648,000	643,000	575,000	571,000	571,000	567,000	237,000	236,000	240,000	238,000	195,000	195,000	200,000	195,000	191,000	189,000	198,000	196,000	182,000	180,000	193,000	192,000	875,000	869,000	873,000	867,000	801,000	1,346,000	1,337,000	1,339,000	1,527,000	1,515,000	1,504,000	1,494,000	1,349,000	1,341,000	1,332,000	1,359,000	1,076,000	1,058,000	1,039,000	1,022,000	953,000	434,000	488,000	384,000	280,000	276,000	274,000	259,000	303,000	1,399,000	1,372,000	1,344,000
long-term lease liabilities	5,713,000	5,608,000	5,775,000	5,994,000	5,353,000	5,620,000	5,605,000	5,724,000	6,094,000	6,364,000	6,590,000	7,030,000	6,872,000	7,009,000	7,520,000	7,952,000	6,694,000	3,225,000	3,504,000	2,439,000	2,779,000	2,968,000	2,880,000	2,400,000	2,601,000	2,855,000	2,845,000
total liabilities	50,756,000	74,015,000	79,894,000	84,643,000	84,475,000	70,827,000	77,892,000	75,777,000	73,071,000	53,781,000	55,351,000	59,642,000	63,596,000	72,565,000	74,241,000	68,252,000	57,160,000	53,300,000	47,176,000	53,484,000	47,139,000	45,084,000	42,531,000	46,091,000	39,728,000	34,857,000	35,194,000	36,287,000	34,312,000	36,978,000	31,705,000	31,905,000	27,275,000	29,305,000	32,459,000	31,523,000	25,326,000	23,050,000	22,303,000	23,646,000	21,574,000	21,460,000	23,719,000	25,347,000	26,458,000	24,990,000	29,135,000	25,300,000	25,824,000	23,303,000	24,782,000
commitments and contingencies
equity:
vicor corporation stockholders’ equity:
class b common stock: 10 votes per share, .01 par value...	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000	118,000		118,000	118,000	118,000	118,000	118,000	118,000		118,000				118,000				118,000				118,000				118,000				118,000				118,000				118,000								118,000								118,000				118,000				119,000
common stock: 1 vote per share, .01 par value...	460,000	460,000	455,000	453,000	453,000	452,000	452,000	451,000	446,000	445,000	445,000	443,000	442,000	441,000	440,000	440,000	440,000	439,000	437,000		435,000		433,000	431,000		405,000				402,000				401,000				397,000				395,000				393,000				392,000				390,000				387,000				385,000				384,000				384,000				384,000				382,000				377,000				373,000
additional paid-in capital	467,638,000	462,227,000	428,969,000	419,814,000	415,131,000	407,617,000	402,117,000	396,175,000	389,367,000	383,832,000	380,151,000	368,914,000	365,442,000	360,365,000	357,255,000	352,253,000	349,467,000	345,664,000	342,014,000	336,278,000	333,011,000	328,392,000	326,026,000	320,988,000	204,020,000	201,251,000	199,166,000	196,698,000	195,799,000	193,457,000	192,373,000	188,276,000	183,415,000	181,395,000	180,132,000	178,661,000	177,366,000	176,344,000	174,881,000	175,055,000	174,605,000	174,337,000	174,073,000	173,638,000	172,774,000	171,901,000	170,790,000	170,265,000	169,713,000	169,474,000	169,409,000	168,915,000	167,757,000	167,498,000	167,206,000	166,904,000	166,553,000	166,227,000	165,499,000	165,234,000	164,362,000	163,933,000	162,499,000	162,273,000	161,882,000	161,746,000	161,594,000	161,452,000	161,289,000	161,089,000	160,844,000	160,013,000	159,637,000	159,332,000	159,011,000	158,567,000	158,051,000	158,021,000	157,782,000	157,502,000	154,348,000	151,698,000	150,543,000	149,704,000	148,957,000	148,821,000	148,803,000	148,542,000	146,730,000
retained earnings	442,023,000	421,359,000	374,826,000	346,534,000	305,342,000	302,803,000	292,557,000	281,005,000	282,201,000	296,674,000	288,006,000	271,424,000	254,323,000	243,079,000	235,017,000	233,225,000	222,632,000	217,633,000	208,753,000	195,494,000	176,100,000	161,008,000	149,815,000	144,030,000	141,363,000	143,098,000	141,786,000	135,849,000	133,286,000	129,000,000	122,090,000	109,078,000	101,218,000	93,605,000	91,994,000	92,005,000	92,464,000	93,438,000	96,126,000	93,790,000	94,334,000	99,685,000	101,437,000	98,934,000	98,129,000	94,758,000	94,758,000	98,432,000	103,267,000	108,645,000	121,747,000	122,679,000	127,295,000	132,285,000	137,099,000	136,908,000	136,688,000	136,362,000	135,685,000	140,875,000	137,809,000	133,791,000	122,984,000	107,165,000	114,924,000	112,972,000	110,663,000	108,972,000	107,631,000	110,174,000	113,675,000	119,315,000	120,638,000	126,263,000	124,766,000	130,465,000	130,746,000	134,579,000	172,729,000	170,270,000	173,706,000	175,660,000	173,580,000	171,877,000	176,808,000	176,769,000	178,791,000	182,734,000	182,673,000
accumulated other comprehensive loss	-1,697,000	-1,672,000	-1,561,000	-1,291,000	-1,312,000	-1,495,000	-1,198,000	-1,583,000	-1,390,000	-1,273,000	-1,245,000	-1,195,000	-993,000	-988,000	-1,279,000	-2,246,000	-1,824,000	-1,328,000	-1,040,000	-813,000	-573,000	-204,000	-203,000	-316,000	-300,000	-383,000	-278,000	-278,000	-436,000	-394,000	-516,000	-401,000	-234,000	-478,000	-397,000	-414,000	-413,000	-561,000	-96,000	-146,000	-394,000	-577,000	-461,000	-529,000	-523,000	-471,000	-555,000	-332,000	-417,000	-526,000	-274,000	-355,000	-301,000	-112,000		-197,000	-310,000	-322,000	-362,000	-437,000	-1,318,000	-1,369,000	-1,100,000	-1,711,000	-1,952,000	-1,608,000	-1,364,000	-1,686,000	-3,078,000												-33,000		-100,000	-97,000	-144,000
treasury stock	-154,682,000	-170,935,000	-172,728,000	-157,033,000	-139,424,000	-139,424,000	-139,424,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-138,927,000	-132,219,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-121,827,000	-115,876,000	-112,990,000		-108,725,000	-108,725,000	-107,350,000		-104,966,000	-104,360,000	-104,360,000
total vicor corporation stockholders’ equity	753,860,000	711,557,000	630,079,000	608,595,000	580,308,000	570,071,000	554,622,000	537,239,000	531,815,000	540,869,000	528,548,000	500,777,000	480,405,000	464,088,000	452,624,000	444,863,000	431,906,000	423,599,000	411,355,000	392,586,000	370,164,000	350,820,000	337,262,000	326,324,000	206,681,000	205,562,000	202,269,000	193,863,000	190,243,000	183,656,000	175,540,000	158,543,000	145,992,000	136,114,000	133,320,000	131,842,000	131,006,000	130,809,000	132,498,000	130,285,000	130,131,000	135,031,000	136,634,000	133,628,000	131,964,000	127,772,000	126,576,000	129,948,000	134,146,000	139,176,000	152,464,000	152,821,000	163,041,000	178,352,000	183,199,000	182,294,000	181,610,000	180,945,000	179,499,000	184,349,000	179,529,000	175,031,000	163,059,000	146,402,000	153,529,000	151,785,000	149,568,000	147,413,000	144,517,000
noncontrolling interest	265,000	259,000	274,000	271,000	255,000	220,000	248,000	218,000	231,000	237,000	236,000	242,000	254,000	248,000	237,000	241,000	283,000	306,000	299,000	306,000	318,000	335,000	326,000	319,000	316,000	308,000	447,000	453,000	449,000	434,000	420,000	395,000	363,000	305,000	297,000	250,000	239,000	208,000	237,000	218,000	205,000	1,054,000	2,922,000	2,812,000	2,851,000	2,780,000	3,008,000	3,026,000	3,118,000	3,161,000	3,632,000	3,596,000	3,597,000	3,621,000	3,891,000	3,793,000	3,754,000	3,765,000	4,372,000	4,266,000	4,121,000	3,981,000	4,119,000	4,054,000	4,338,000	4,281,000	4,752,000	4,451,000	4,647,000
total equity	754,125,000	711,816,000	630,353,000	608,866,000	580,563,000	570,291,000	554,870,000	537,457,000	532,046,000	541,106,000	528,784,000	501,019,000	480,659,000	464,336,000	452,861,000	445,104,000	432,189,000	423,905,000	411,654,000	392,892,000	370,482,000	351,155,000	337,588,000	326,643,000	206,997,000	205,870,000	202,716,000	194,316,000	190,692,000	184,090,000	175,960,000	158,938,000	146,355,000	136,419,000	133,617,000	132,092,000	131,245,000	131,017,000	132,735,000	130,503,000	130,336,000	136,085,000	139,556,000	136,440,000	134,815,000	130,552,000	129,584,000	132,974,000	137,264,000	142,337,000	156,096,000	156,417,000	166,638,000	181,973,000	187,090,000	186,087,000	185,364,000	184,710,000	183,871,000	188,615,000	183,650,000	179,012,000	167,178,000	150,456,000	157,867,000	156,066,000	154,320,000	151,864,000	149,164,000
total liabilities and equity	804,881,000	785,831,000	710,247,000	693,509,000	665,038,000	641,118,000	632,762,000	613,234,000	605,117,000	594,887,000	584,135,000	560,661,000	544,255,000	536,901,000	527,102,000	513,356,000	489,349,000	477,205,000	458,830,000	446,376,000	417,621,000	396,239,000	380,119,000	372,734,000	246,725,000	240,727,000	237,910,000	230,603,000	225,004,000	221,068,000	207,665,000	190,843,000	173,630,000	165,724,000	166,076,000	163,615,000	156,571,000	154,067,000	155,038,000	154,149,000	151,910,000	157,545,000	163,275,000	161,787,000	161,273,000	155,542,000	158,719,000	158,274,000	163,088,000	165,640,000	180,878,000
accounts receivables		60,716,000				52,948,000				52,631,000				65,429,000				55,097,000		55,012,000	47,697,000	40,999,000	41,136,000	48,502,000	41,279,000	38,115,000	39,987,000	38,537,000	41,705,000	43,673,000	45,052,000	45,056,000	41,634,000	34,487,000	33,811,000	34,092,000	29,978,000	25,216,000	28,026,000	28,008,000	23,349,000	25,982,000	24,614,000	27,069,000	32,675,000	28,431,000	27,347,000	27,069,000	31,769,000	27,683,000	28,321,000	23,497,000	23,725,000	27,165,000	31,278,000	29,185,000	31,553,000	31,410,000	31,963,000	34,484,000	39,796,000	38,825,000	39,440,000	34,435,000	31,135,000	26,565,000	27,838,000	25,985,000	28,586,000	28,757,000	28,877,000	27,181,000	29,114,000	32,054,000		27,668,000	30,957,000	30,399,000	30,101,000	30,288,000	31,053,000		27,314,000
deferred tax assets		27,463,000				261,000				296,000				280,000				208,000																									106,000	106,000	107,000	107,000	131,000	131,000	131,000	131,000	2,248,000	1,800,000	1,575,000	1,776,000	2,243,000	2,228,000	2,042,000	2,176,000	2,343,000	2,527,000	2,499,000	2,164,000	3,678,000	181,000	181,000	181,000	451,000	451,000	451,000	451,000	741,000	741,000	741,000	741,000	3,648,000	3,648,000	3,648,000	3,702,000	2,673,000	2,673,000	2,673,000	2,673,000	2,497,000	2,497,000	2,497,000	2,497,000	3,548,000	3,548,000	3,548,000
long-term deferred revenue								300,000	660,000	1,020,000	1,380,000	1,761,000	2,183,000	145,000	1,833,000	270,000	332,000	413,000	493,000	573,000	653,000	733,000	813,000	894,000	974,000	1,054,000	1,134,000	196,000	214,000	232,000	249,000	267,000	285,000	303,000	321,000	339,000	356,000	374,000	392,000	410,000	433,000	468,000	503,000	537,000	572,000	637,000	703,000	768,000	868,000	974,000	1,118,000	1,261,000	1,405,000	1,549,000	1,693,000	1,836,000	1,980,000	2,124,000	2,268,000	2,411,000	2,065,000	2,178,000	2,291,000	2,064,000	2,143,000	2,196,000	1,300,000	1,314,000	1,331,000	1,118,000	1,124,000	924,000
accrued severance and other charges													13,000																49,000	234,000	325,000
short-term investments															19,949,000	19,921,000	20,003,000	45,215,000	50,217,000	70,469,000	95,719,000	50,166,000																							90,000	270,000	541,000	642,000	643,000	463,000														9,097,000	572,000	2,583,000	706,000		1,161,000	1,773,000	1,964,000	2,663,000	5,750,000	57,490,000	28,542,000	51,380,000	43,788,000	82,401,000	87,971,000	95,214,000	96,486,000	88,692,000	73,980,000	64,282,000	76,128,000	77,371,000	76,109,000	74,900,000	72,543,000
contingent consideration obligations																				46,000	181,000	227,000	265,000	307,000	362,000	451,000	210,000	306,000	378,000	408,000	470,000	506,000	584,000	678,000	78,000	142,000	208,000	253,000	288,000	327,000	352,000
14,000,000 shares authorized, 11,758,218 shares issued and outstanding in 2021 and 2020																		118,000
long-term investments																			2,598,000	2,561,000	2,541,000		2,591,000	2,555,000	2,557,000		2,576,000	2,565,000	2,546,000		2,613,000	2,581,000	2,548,000	2,525,000	2,599,000	2,565,000	2,526,000	2,508,000	2,580,000	2,579,000	2,553,000	2,866,000	2,970,000	2,955,000	2,902,000	3,002,000	5,134,000	4,995,000	5,045,000	5,188,000	6,231,000	6,438,000	6,554,000	6,736,000	6,895,000	9,635,000	9,718,000	9,585,000	11,613,000	11,721,000	18,354,000	18,417,000	18,984,000	18,380,000	28,241,000	29,995,000	33,957,000	35,851,000	34,137,000	33,735,000	36,540,000	36,250,000	36,500,000									3,348,000
43,452,740 shares issued and 31,817,934 shares outstanding in 2021;
43,204,671 shares issued and 31,569,865 shares outstanding in 2020																				436,000
common stock: 1vote per share, .01 par value...																						433,000
class b common stock																									118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	118,000	118,000		118,000	119,000	119,000		119,000	119,000	119,000		119,000	119,000	119,000		119,000	119,000	119,000
common stock																									407,000		404,000	403,000	403,000		402,000	399,000	402,000		400,000	399,000	398,000		396,000	395,000	395,000		394,000	394,000	393,000		392,000	392,000	392,000		391,000	391,000	391,000		389,000	388,000	388,000		386,000	386,000	385,000		385,000	384,000	384,000		384,000	384,000	384,000		384,000	384,000	384,000		384,000	382,000	382,000		382,000	381,000	379,000		375,000	374,000	373,000		374,000	373,000	371,000
short-term deferred revenue																											5,843,000
operating lease liabilities																												1,660,000	1,678,000
deferred revenue																												6,581,000	5,454,000	5,069,000	4,442,000	4,610,000	2,769,000	5,791,000	8,769,000	7,738,000	4,527,000	3,403,000	2,626,000	1,894,000	1,933,000	1,988,000	1,899,000	2,185,000	1,854,000	1,439,000	1,732,000	1,259,000	1,095,000	1,018,000	911,000	897,000	699,000	784,000	652,000	604,000	856,000	1,194,000	760,000	741,000	520,000	689,000	4,575,000	4,076,000	3,129,000	2,521,000	2,069,000	1,312,000	1,201,000	662,000	854,000	534,000	1,241,000	983,000	853,000	528,000	54,000	76,000	131,000	148,000	117,000	143,000	282,000	309,000	419,000	306,000
long-term operating lease liabilities																												2,392,000	2,747,000
other long-term liabilities																														102,000	100,000	98,000	95,000	93,000	90,000	87,000	64,000
accrued severance charge																																350,000																																					1,990,000
preferred stock, .01 par value...																																																										118,000								118,000
accrued severance charges																																									37,000	195,000	334,000	742,000	1,313,000	1,904,000	1,933,000			49,000	249,000	611,000	1,079,000												44,000	259,000	813,000	1,810,000
deferred income taxes																																										55,000				329,000				335,000														1,355,000	1,254,000	1,275,000	1,649,000	1,659,000	1,577,000	1,660,000	1,637,000	1,649,000	1,725,000	1,597,000	4,377,000	4,315,000	4,346,000	4,389,000	3,259,000	3,258,000	3,199,000	3,172,000	3,111,000	3,113,000	3,081,000	3,173,000	4,242,000	4,166,000	4,446,000
deferred income taxes payable																																											329,000	329,000	329,000		335,000	335,000	335,000
contingent consideration obligation																																										144,000
accumulated other comprehensive income																																																							214,000															-2,767,000	-2,060,000	-2,006,000	-1,647,000	170,000	134,000	48,000	92,000	72,000	54,000	53,000		-72,000				-11,000	12,000	-94,000	307,000
restricted cash equivalents																																																																	192,000	192,000	377,000	176,000	168,000
restricted cash and cash equivalents																																																																	223,000	223,000	210,000	388,000	534,000	176,000	178,000	919,000
auction rate securities rights																																																																	929,000	962,000	1,428,000	1,685,000	1,830,000	1,926,000
dividends payable																																																																12,506,000
accrual for litigation settlements																																																																						162,000				240,000	240,000	2,590,000
cash																																																																				30,429,000
short-term invesments																																																																				845,000
liabilities and stockholders’ equity
minority interests																																																																						4,255,000	4,400,000	4,991,000	4,485,000	4,040,000	3,679,000	3,590,000	3,610,000	3,593,000	3,448,000	3,335,000	3,184,000	3,031,000	2,186,000	1,848,000	1,617,000	1,527,000
stockholders’ equity:
total stockholders’ equity																																																																						147,171,000	151,134,000	155,997,000	157,303,000	164,440,000	162,586,000	167,754,000	167,563,000	171,346,000	209,239,000	212,449,000	215,529,000		215,792,000	213,252,000	218,763,000	220,623,000	223,133,000	227,314,000	225,840,000
accrual for litigation settlement																																																																								162,000	240,000					50,000,000
restricted cash and short-term investments																																																																									1,024,000	952,000	1,045,000	1,045,000
dividend payable																																																																									6,245,000							6,310,000				5,020,000
insurance receivable for litigation settlements																																																																												2,350,000
preferred stock
insurance receivable for litigation settlement
insurance receivable for litigation																																																																														12,800,000
accrued liabilities																																																																																							4,788,000	5,568,000	6,088,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31

operating activities:
consolidated net income	20,676,000	46,533,000	28,302,000	41,200,000	2,561,000	10,242,000	11,554,000	-1,195,000	-14,462,000	8,664,000	16,583,000	17,102,000	11,251,000	8,061,000	1,795,000	10,580,000	4,990,000	8,899,000	13,252,000	19,383,000	15,095,000	11,195,000	5,786,000	2,672,000	-1,731,000	1,315,000	5,932,000	2,556,000	4,306,000	6,907,000	13,048,000	7,909,000	3,982,000					-2,686,000	2,351,000	-550,000	-5,376,000	-1,663,000	2,609,000	771,000	3,442,000					-13,020,000	-898,000	-4,600,000	-4,986,000	-4,663,000	280,000	244,000	341,000	761,000	1,175,000	3,204,000	4,169,000	10,918,000	15,869,000	4,747,000	2,005,000
adjustments to reconcile consolidated net income to net cash from operating activities:
depreciation and amortization	5,337,000	5,171,000	5,236,000	5,190,000	5,189,000	4,610,000	4,741,000	4,661,000	4,614,000	4,038,000	4,554,000	4,449,000	4,199,000	3,526,000	3,585,000	3,369,000	3,296,000	3,141,000	2,946,000	2,812,000	2,806,000	2,881,000	2,736,000	2,728,000	2,711,000	2,687,000	2,649,000	2,553,000	2,445,000	2,384,000	2,331,000	2,270,000	2,269,000	2,303,000	2,244,000	2,189,000	2,157,000	2,054,000	2,073,000	2,116,000	2,195,000	2,188,000	2,231,000	2,320,000	2,403,000	2,492,000	2,459,000	2,411,000	2,443,000	2,453,000	2,527,000	2,534,000	2,494,000	2,553,000	2,626,000	2,612,000	2,632,000	2,791,000	2,813,000	2,773,000	2,628,000	2,670,000	2,595,000	2,525,000	2,432,000	2,457,000	2,507,000	2,609,000	2,625,000	2,691,000	2,613,000	2,625,000	2,586,000	2,691,000	2,743,000	3,052,000	3,133,000	3,537,000	3,284,000	3,342,000	3,995,000		4,142,000	4,186,000	4,466,000		5,230,000	5,326,000	5,322,000
stock-based compensation expense	3,852,000	4,367,000	4,362,000	3,709,000	4,349,000	4,057,000	4,034,000	3,431,000	3,780,000	3,582,000	3,458,000	3,012,000	2,817,000	2,819,000	2,829,000	2,622,000	1,994,000	2,030,000	1,867,000	1,567,000	1,571,000	1,597,000	1,640,000	1,936,000	710,000	744,000	753,000	766,000	773,000	792,000	688,000	1,180,000	736,000	463,000	731,000	287,000	254,000	335,000	-498,000	340,000	329,000	390,000	341,000	488,000	563,000	461,000	402,000	537,000	234,000	557,000	491,000	1,139,000	263,000	274,000	300,000
provision for doubtful accounts		0	0	0	7,000					0	0			0									0	-20,000	43,000	-6,000	-21,000	-29,000	-88,000	-26,000	26,000	33,000	32,000	-2,000	0	0	8,000			5,000	-28,000	0	-26,000	-25,000	33,000	36,000	19,000	-42,000	53,000
litigation payment	-28,557,000
decrease in other assets	101,000	-1,046,000	468,000	511,000	480,000	321,000											62,000		19,000	63,000	-26,000	47,000			75,000		100,000																			-6,000	-5,000	2,000	-34,000	0	-8,000	10,000	47,000	-85,000	-7,000	-14,000	25,000	-12,000	-33,000			24,000	99,000	50,000	-1,000			-444,000	9,000
deferred income taxes	-337,000	-27,193,000	0	-2,000	-2,000	1,000	-6,000	7,000	4,000	27,000	2,000			-20,000	6,000	-60,000	2,000	13,000	0	3,000	2,000	-37,000	-1,000	18,000	-1,000	36,000	0	25,000	-1,000	-81,000	1,000	28,000	-3,000	-189,000	0			-27,000	0	4,000	-55,000									9,982,000	-1,184,000	-2,043,000	-2,264,000	-281,000	134,000	-237,000	15,000	24,000	-156,000	209,000	71,000	-1,159,000	-5,159,000	21,000	23,000	-68,000	-100,000
increase in long-term income taxes payable	23,000	-345,000	-1,379,000					-319,000	8,000			6,000	7,000			3,000	5,000			1,000	5,000	68,000	4,000	0	4,000				2,000				5,000				2,000	14,000	2,000	-13,000	1,000		6,000	-4,000	6,000	66,000	-545,000	9,000	-2,000	-188,000	12,000	11,000	10,000
change in current assets and liabilities	-5,037,000		659,000	13,269,000	7,470,000	-10,585,000	1,994,000	6,715,000	-8,103,000	4,135,000	-191,000	-4,951,000	-10,232,000	-12,890,000	-9,075,000	-5,699,000	-5,682,000	309,000	-7,700,000	-11,438,000	-1,599,000	3,688,000	1,491,000	-2,594,000	-2,639,000	379,000	1,050,000	1,524,000	-9,529,000	3,338,000	-1,733,000	-2,056,000	-7,801,000	-7,198,000	-1,664,000	-1,377,000	-2,855,000	2,459,000	-1,487,000	-4,548,000	2,141,000	-1,460,000	551,000	3,712,000	-1,304,000	-1,967,000	5,060,000	4,333,000	-1,744,000	-1,789,000	1,983,000	390,000	1,523,000	2,927,000	-1,858,000	2,431,000	4,359,000	820,000	113,000	486,000	2,709,000	-6,646,000	-7,318,000	-3,049,000	-4,109,000	2,824,000	5,000	2,416,000	-628,000		-2,982,000	670,000	-437,000		3,057,000	2,945,000	-39,316,000	-603,000	-1,839,000	-1,967,000	-5,046,000		2,233,000	4,291,000	-1,982,000		-2,067,000	-2,033,000	2,950,000
net cash from operating activities	-3,942,000	15,708,000	38,487,000	65,225,000	20,128,000	10,117,000	22,577,000	15,566,000	2,582,000	21,534,000	23,841,000	19,040,000	10,113,000	929,000	6,602,000	10,823,000	4,585,000	14,217,000	10,112,000	12,342,000	17,773,000	19,307,000	11,571,000			5,669,000	11,300,000	7,359,000	-2,120,000	13,329,000	14,314,000	9,340,000	-812,000	-3,102,000	1,341,000	644,000	-1,347,000	2,128,000	2,421,000	-3,171,000	-834,000	-1,481,000	672,000	7,206,000	5,070,000	740,000	3,672,000	2,259,000	-4,480,000	-2,010,000	1,536,000	-2,535,000	-1,681,000	2,931,000	1,419,000	5,364,000	7,524,000	4,753,000	4,556,000	7,192,000	9,906,000	5,905,000	6,442,000	4,086,000	461,000	9,863,000	4,337,000	7,177,000	3,421,000	-360,000	1,321,000	3,809,000	4,293,000		6,579,000	7,823,000	-33,811,000	3,270,000	4,077,000	4,549,000	2,434,000		8,549,000	8,956,000	2,798,000		2,921,000	3,656,000	7,350,000
capital expenditures	-11,645,000	-6,261,000	-4,438,000	-6,915,000	-1,560,000	-2,766,000	-7,612,000	-5,991,000	-5,287,000	-7,163,000	0	-8,538,000	-10,089,000	0	-14,401,000	-14,195,000	-22,683,000	-16,819,000	-15,160,000	-6,518,000	-9,264,000	-11,816,000	-8,113,000			-3,363,000	-3,258,000	-2,542,000	-3,322,000	-11,317,000	-3,336,000	-1,700,000	-1,858,000	-2,381,000	-4,533,000	-2,983,000	-2,648,000	-2,060,000	-1,722,000	-2,759,000	-1,887,000	-3,494,000	-2,272,000	-1,855,000	-1,469,000	-2,269,000	-1,378,000	-1,927,000	-1,554,000	-2,152,000	-1,484,000	-1,372,000	-1,171,000	-2,558,000	-2,053,000	-1,524,000	-1,261,000	-1,215,000	-1,216,000	-2,062,000	-2,973,000	-4,362,000	-2,927,000	-2,385,000	-2,429,000	-6,361,000	-1,533,000	-1,720,000	-1,029,000	-1,708,000	-2,388,000	-1,844,000	-2,325,000		-4,287,000	-1,022,000	-2,118,000	-1,361,000	-1,263,000	-1,424,000	-1,555,000		-3,958,000	-1,241,000	-1,372,000		-1,039,000	-1,229,000	-1,015,000
free cash flows	-15,587,000	9,447,000	34,049,000	58,310,000	18,568,000	7,351,000	14,965,000	9,575,000	-2,705,000	14,371,000	23,841,000	10,502,000	24,000	929,000	-7,799,000	-3,372,000	-18,098,000	-2,602,000	-5,048,000	5,824,000	8,509,000	7,491,000	3,458,000			2,306,000	8,042,000	4,817,000	-5,442,000	2,012,000	10,978,000	7,640,000	-2,670,000	-5,483,000	-3,192,000	-2,339,000	-3,995,000	68,000	699,000	-5,930,000	-2,721,000	-4,975,000	-1,600,000	5,351,000	3,601,000	-1,529,000	2,294,000	332,000	-6,034,000	-4,162,000	52,000	-3,907,000	-2,852,000	373,000	-634,000	3,840,000	6,263,000	3,538,000	3,340,000	5,130,000	6,933,000	1,543,000	3,515,000	1,701,000	-1,968,000	3,502,000	2,804,000	5,457,000	2,392,000	-2,068,000	-1,067,000	1,965,000	1,968,000		2,292,000	6,801,000	-35,929,000	1,909,000	2,814,000	3,125,000	879,000		4,591,000	7,715,000	1,426,000		1,882,000	2,427,000	6,335,000
investing activities:
additions to property, plant and equipment and internal-use software	-12,387,000	-5,543,000	-4,021,000	-6,204,000	-4,550,000	-1,736,000	-8,455,000	-6,141,000	-7,270,000	-7,163,000
net cash from investing activities	-12,387,000	-5,543,000	-4,021,000	-6,204,000	-4,550,000	-1,736,000	-8,455,000	-6,141,000	-7,270,000	-7,163,000	-7,662,000	-8,538,000	-10,089,000	7,313,000	-14,401,000			-12,013,000	4,946,000	18,376,000	-54,970,000	-61,931,000	-8,070,000	-5,699,000	-2,924,000	-3,346,000	-3,157,000	-2,658,000	-3,321,000	-11,298,000	-3,332,000	-1,661,000	-1,948,000	-2,360,000	-4,478,000	-2,977,000	-2,711,000	-2,135,000	-1,797,000	-2,488,000	-2,099,000	-3,928,000	2,649,000	-1,758,000	-1,229,000	751,000	-1,363,000	-1,833,000	-1,584,000	-1,708,000	-1,223,000	-1,262,000	-887,000	-2,551,000	1,028,000	-1,439,000	-1,122,000	838,000	-1,260,000	5,737,000	-2,788,000	-4,154,000	6,073,000	890,000	956,000	-3,735,000	801,000	-2,061,000	-911,000	-1,847,000	-2,071,000	1,275,000	9,819,000	-31,270,000	18,707,000	-10,244,000	36,709,000	4,491,000	6,082,000	-124,000	-6,057,000		-13,784,000	10,342,000	-657,000		-3,447,000	-4,533,000	-7,745,000
financing activities:
proceeds from employee stock plans	17,812,000	32,560,000	4,795,000	974,000	3,166,000	1,443,000	1,909,000	3,382,000	1,756,000	99,000	7,781,000	461,000	2,261,000	292,000	2,173,000	164,000	1,810,000	1,622,000	3,870,000	1,701,000	3,050,000	749,000	3,451,000
net cash from financing activities	17,812,000	30,363,000	-10,574,000	-16,635,000	3,166,000	1,443,000	1,412,000	3,382,000	1,756,000	99,000	7,781,000	461,000	2,261,000	292,000	2,173,000	164,000	1,810,000	1,622,000	3,824,000	1,640,000	3,004,000	711,000	3,358,000	115,001,000	1,972,000	1,141,000	1,620,000	65,000	1,540,000	216,000	3,376,000	3,603,000	1,191,000	740,000	677,000	943,000	715,000	1,094,000	287,000	85,000	-353,000	-177,000	96,000	375,000	310,000	483,000	123,000	15,000	5,000	-1,066,000	3,000	-6,689,000	-10,303,000	-351,000	27,000	1,000	59,000	-595,000	-6,244,000	417,000	45,000	766,000	-12,439,000	-80,000	12,000	-1,765,000	299,000			-505,000	-6,803,000	-6,155,000	3,000	150,000	-5,974,000	117,000	-6,217,000	11,000	-12,156,000	98,000	-4,554,000		-4,185,000	-627,000	-1,766,000		-3,715,000	1,814,000	251,000
effect of foreign exchange rates on cash	-43,000	-105,000	-51,000	56,000	82,000	-156,000	187,000	-95,000	-115,000	-35,000	-5,000	-31,000	1,000	-21,000	47,000	-165,000	-80,000	-71,000	18,000	-6,000	-138,000	50,000	42,000	-2,000	19,000	-25,000	-16,000	102,000	-42,000	104,000	-72,000	-40,000	17,000	16,000	-29,000			17,000	2,000	17,000	16,000	-5,000	6,000	3,000	-16,000	27,000	-51,000	57,000	27,000	-65,000	94,000	-139,000	-280,000	-227,000	34,000	68,000	-119,000	23,000	58,000	33,000	-42,000	13,000	69,000	47,000	8,000	-34,000	29,000	-20,000	-13,000	-85,000	-11,000	-22,000	-39,000	43,000	-57,000	14,000	-2,000	37,000	25,000	-5,000	-17,000	-15,000	85,000	57,000	43,000	-95,000	39,000	16,000	-5,000
net increase in cash and cash equivalents	1,440,000	40,423,000	23,841,000	42,442,000	18,826,000	9,668,000	15,721,000	12,712,000	-3,047,000	14,435,000	23,955,000	10,932,000	2,286,000	8,513,000	-5,579,000	-3,373,000	8,632,000	3,755,000	18,900,000			-41,863,000	6,901,000			3,439,000	9,747,000			2,351,000	14,286,000							1,104,000	913,000	-5,557,000	-3,270,000	-5,591,000	3,423,000	5,826,000	4,135,000					-4,849,000	410,000	-10,625,000	-13,151,000	-198,000	2,508,000	3,994,000	6,342,000	5,019,000	-2,890,000	13,379,000	7,121,000	2,530,000	145,000	4,943,000	1,437,000	4,329,000	5,466,000	5,293,000	2,497,000	-2,797,000	-7,564,000	-1,093,000	14,076,000	-29,487,000				7,809,000	-1,972,000	4,518,000	-8,194,000		-9,335,000	18,728,000	418,000	-2,048,000	-4,202,000	953,000	-149,000
cash and cash equivalents at beginning of period	402,805,000		0	0	277,273,000		0	0	242,219,000		0	0	190,611,000		0	0	182,418,000		0	0	161,742,000		0	0	84,668,000		0	0	70,557,000		0	0	44,230,000		0	0	56,170,000	0	0	0	62,980,000	0	0	0	55,187,000	0	0	0	56,339,000	0	0	0	84,554,000	0	0	0	71,908,000	0	0	0	49,279,000	0	0	0	40,224,000	0	0	0	22,639,000		0	0	20,017,000		0	-325,000	36,185,000		0	0	34,024,000		0	0	36,277,000		0	0	41,723,000
cash and cash equivalents at end of period	404,245,000		23,841,000	42,442,000	296,099,000		15,721,000	12,712,000	239,172,000		23,955,000	10,932,000	192,897,000		-5,579,000	-3,373,000	191,050,000		18,900,000	32,352,000	127,411,000		6,901,000	113,953,000	82,751,000		9,747,000	4,868,000	66,614,000		14,286,000	11,242,000	42,678,000		-2,489,000	-1,402,000	52,827,000	1,104,000	913,000	-5,557,000	59,710,000	-5,591,000	3,423,000	5,826,000	59,322,000	2,001,000	2,381,000	498,000	50,307,000	-4,849,000	410,000	-10,625,000	71,403,000	-198,000	2,508,000	3,994,000	78,250,000	5,019,000	-2,890,000	13,379,000	56,400,000	2,530,000	145,000	4,943,000	41,661,000	4,329,000	5,466,000	5,293,000	25,136,000		-7,564,000	-1,093,000	34,093,000		19,255,000	-2,615,000	32,864,000		-1,972,000	4,518,000	25,830,000		-9,335,000	18,728,000	36,695,000		-4,202,000	953,000	41,574,000
supplemental disclosure:
purchases of property, plant and equipment and internal-use software incurred but not yet paid	742,000	-718,000	-417,000	-711,000	2,990,000	-1,030,000	843,000	150,000	1,983,000
loss on disposal of fixed assets		0
litigation-contingency expense						0	0	2,300,000	17,200,000
increase in long-term deferred revenue						0	-300,000	-360,000	-360,000	-360,000	-381,000	-422,000	2,038,000									-80,000				-80,000																												-32,000	-35,000			-36,000	-34,000	455,000	-35,000	-113,000	227,000	-79,000	-53,000	896,000	-14,000	-17,000	213,000
change in current assets and liabilities:
accounts receivable
inventories
other current assets
accounts payable and accrued liabilities
accrued severance and other charges
short-term lease liabilities
income taxes payable
deferred revenue and customer prepayments
repurchases of common stock		-2,197,000	-15,369,000			0
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosures:
cash paid during the year for income taxes, net of refunds
decrease in long-term deferred revenue																-62,000	-81,000		-80,000	-80,000	-80,000			-80,000	-80,000			-18,000	-18,000	-17,000	-18,000	-18,000	-18,000	-18,000	-18,000	-17,000	-18,000	-18,000	-18,000	-23,000	-35,000	-36,000	-34,000	-35,000	-34,000	-35,000	-35,000	-35,000	-34,000		-33,000	-36,000	-35,000				-36,000
decrease in long-term income taxes payable					74,000																						1,000								2,000																				8,000	9,000	-27,000
amortization of bond premium														29,000																																																															-218,000	-181,000	-76,000	7,000	83,000		130,000	150,000	182,000		245,000	266,000	272,000
credit gain on available-for-sale securities														0	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-1,000	-2,000	-2,000	-2,000	-2,000	-3,000	-3,000	-3,000		-3,000	-3,000	-4,000		-4,000	-4,000	-4,000								-1,000
sales and maturities of short-term investments																																																																																			33,015,000	31,200,000	9,381,000
increase in other assets								326,000	-99,000	68,000	-157,000	-136,000	33,000	759,000	-1,584,000														-8,000		-25,000	37,000	-104,000				-65,000	0	0	-291,000	-214,000		-81,000	-10,000	-65,000																-5,000					-6,000				-32,000	-78,000	-83,000	-36,000	-35,000	-45,000	-13,000	-27,000	-28,000	-43,000	-52,000	-53,000	-131,000	-10,000	-242,000	-190,000	-105,000	-1,121,000	-104,000	-1,084,000
decrease in contingent consideration obligations																			0
purchases of short-term investments																		-20,194,000	0	0	-50,706,000																																																								-38,629,000		-56,653,000	-28,920,000	-19,534,000		-42,831,000	-19,375,000	-8,476,000		-15,317,000	-14,400,000	-30,865,000
payment of contingent consideration obligations																		0	-46,000	-61,000	-46,000	-38,000	-42,000	-55,000	-89,000	-39,000	-96,000	-72,000	-30,000	-62,000	-36,000	-78,000	-94,000	-50,000	-64,000	-66,000	-45,000	-35,000	-39,000
litigation-related expense														0
sales or maturities of short-term investments															0	0	25,000,000		20,000,000	25,000,000	5,000,000
additions to property, plant and equipment												-8,538,000	-10,089,000		-14,401,000	-14,195,000	-22,683,000	-16,819,000	-15,160,000	-6,518,000	-9,264,000	-11,816,000	-8,113,000	-5,725,000	-2,999,000	-3,363,000	-3,258,000	-2,542,000	-3,322,000	-11,317,000	-3,336,000	-1,700,000	-1,858,000	-2,381,000	-4,533,000	-2,983,000	-2,648,000	-2,060,000	-1,722,000	-2,759,000	-1,887,000	-3,494,000	-2,272,000	-1,855,000	-1,469,000	-2,269,000	-1,378,000	-1,927,000	-1,554,000	-2,152,000	-1,484,000	-1,372,000	-1,171,000	-2,558,000	-2,053,000	-1,524,000	-1,261,000	-1,215,000	-1,216,000	-2,062,000	-2,973,000	-4,362,000	-2,927,000	-2,385,000	-2,429,000	-6,361,000	-1,533,000	-1,720,000	-1,029,000	-1,708,000	-2,388,000	-1,844,000	-2,325,000	-2,429,000	-4,287,000	-1,022,000	-2,118,000	-1,361,000	-1,263,000	-1,424,000	-1,555,000	-2,373,000	-3,958,000	-1,241,000	-1,372,000	-1,739,000	-1,039,000	-1,229,000	-1,015,000
proceeds from public offering of common stock																						0	-51,000
short-term lease payable
deferred revenue
gain on disposal of equipment																						-4,000	-3,000			-15,000	-1,000	-13,000	-9,000		-29,000	-2,000	-14,000				-2,000				-2,000	-6,000	-2,000	-17,000	-35,000	-16,000	0	-2,000	-4,000	-23,000	0	0	-3,000	-2,000			-24,000	10,000			-1,000					-5,000	0	-20,000	-5,000	0	0	-9,000	-13,000				-23,000												-4,000
other
net cash provided by (used for) investing activities																	2,317,000
provision (recovery) for doubtful accounts
increase in contingent consideration obligations
noncontrolling interest dividend paid
(decrease) increase in long-term income taxes payable
proceeds from sale of equipment																						4,000	3,000			15,000	1,000	13,000	9,000	12,000	29,000	2,000	14,000	-1,000	-8,000	21,000	2,000	0	0	0	2,000	6,000	2,000	17,000	35,000	16,000	0	2,000	4,000	23,000	0	0	3,000	2,000	-2,000	9,000	24,000	0	6,000			0	1,000			27,000	0	0	5,000	3,000	0	9,000	13,000	21,000	85,000	0	23,000
loss on disposal of equipment																																		1,000	8,000			0	0																																							8,000	-40,000	-30,000	-5,000		-2,000	9,000	3,000		42,000
net decrease in cash and cash equivalents																					-34,331,000				-1,917,000				-3,943,000				-1,552,000		-2,489,000	-1,402,000	-3,343,000										2,381,000	498,000	-6,032,000																											-2,290,000	-3,321,000
increase in other long-term liabilities																														2,000	2,000	3,000	2,000	3,000	3,000	23,000	64,000
adjustments to reconcile consolidated net income to net cash used by operating activities:
net cash used by operating activities																									-984,000
proceeds from issuance of common stock																									2,061,000	1,319,000	1,716,000	137,000	1,570,000	278,000	3,412,000	3,681,000	1,285,000	790,000	741,000	1,009,000	760,000	1,129,000	326,000	110,000	19,000	39,000	96,000	375,000	310,000	645,000	123,000	15,000	5,000	-31,000	3,000	9,000	46,000	0	1,000	0	8,000								12,000						104,000	90,000	3,000		268,000	209,000	18,000		108,000	2,984,000	2,474,000		840,000	748,000	136,000		262,000	1,814,000	251,000
increase in refundable income taxes
change in current assets and liabilities, excluding effects of deconsolidation of subsidiary:
deconsolidation of subsidiary
gain from sale of equity method investment																																										0
gain from disposition of consolidated subsidiary
sales and maturities of investments																																										0	0	90,000	270,000	3,270,000	100,000			421,000	269,000	100,000	234,000	90,000	3,090,000	180,000	270,000	2,566,000	316,000	7,980,000	280,000	284,000	9,170,000	2,390,000	3,924,000	2,613,000	2,488,000	388,000	1,161,000	1,040,000	825,000	4,646,000	21,493,000	7,662,000	52,606,000
proceeds from sale of equity method investment																																										0
acquisition of noncontrolling interest																																						0	0	0	-372,000
change in current assets and liabilities, excluding effects of disposition of consolidated subsidiary:
accrued severance charges
consolidated net loss																																			38,000	-445,000	-954,000									-43,000	-3,669,000	-4,932,000	-5,426,000
adjustments to reconcile consolidated net loss to net cash from operating activities:
credit gain on available for sale securities																																																								-1,000	-3,000
purchases of investments																																														-260,000								0	0	-90,000	-180,000	-501,000	-333,000	-180,000	-90,000	-100,000	-270,000	0	-538,000	-180,000	0	-423,000	-1,092,000	-1,311,000	-451,000	-1,558,000	-8,254,000	-36,582,000	-29,652,000
noncontrolling interest dividends paid																																																														-255,000	0
change in assets and liabilities, excluding effects of disposition of consolidated subsidiary:
change in assets and liabilities, excluding effects of disposition of consolidated subsidiary: - sum
benefit for doubtful accounts
supplemental disclosure of non-cash financing activities:
credit loss on available for sale securities																																																										-7,000	72,000	-360,000	-7,000	35,000	69,000	-1,000	43,000	-3,000	-6,000
purchases of common stock																																																		0	0
reversal of excess tax benefit of share-based compensation
impairment of goodwill
excess tax benefit of share-based compensation																																																									-51,000	-89,000	0	-32,000	-12,000
excess (reversal of) tax benefit of share-based compensation
change in assets and liabilities:
change in assets and liabilities: - sum
excess tax benefit of stock-based compensation																																																			0	-10,000	-43,000	-27,000	-26,000
credit loss on available-for-sale securities																																															-19,000				-1,000
severance charges																																																				0	1,361,000													16,000	126,000
common stock dividends paid																																																										0				0					0				-6,907,000						-6,235,000		-6,313,000
excess (reversal) tax benefit of share-based compensation
purchase of common stock																																																					-10,392,000
unrealized gain on trading securities																																																															0	-933,000	-37,000		-271,000	-398,000	-27,000
unrealized loss on auction rate security rights																																																														0	0	929,000	33,000	562,000	257,000	49,000	96,000
change in restricted cash																																																														0	0			172,000	-23,000	138,000	35,000				-72,000
stock compensation expense																																																									318,000	479,000	605,000	455,000	384,000	413,000	160,000	174,000	124,000	152,000	142,000	163,000	200,000	240,000	293,000	286,000	302,000	169,000	177,000	127,000	194,000	228,000	173,000	172,000	178,000
accrual for litigation settlements
proceeds from exercise of stock options																																																											28,000	385,000	33,000		67,000
adjustments to reconcile consolidated net income
to net cash from operating activities:
unrealized loss on trading securities
unrealized gain on acquisition of auction rate security rights
loss from equity method investee																																																																									790,000		170,000
purchase of equity method investment																																																																						0	0	0	-1,000,000	0	0
accrued severance
accrual for litigation settlement
gain on disposals of equipment																																																															-1,000												-85,000
adjustments to reconcile net income to net cash provided by (used in) operating activities:
accretion of bond discount
insurance receivable for litigation
net income																																																																					-2,543,000	-3,501,000	609,000	-1,323,000	620,000	1,497,000	543,000	893,000	2,402,000	-38,150,000	2,462,000	2,874,000	3,076,000	2,080,000	1,708,000	89,000	39,000
adjustments to reconcile net income to net cash from operating activities:
net income attributable to noncontrolling interest																																																																			299,000	417,000	392,000
net loss																																																																																						-2,022,000	-572,000	61,000	-1,190,000
adjustments to reconcile net loss to net cash from operating activities:
severance charge																																																																					3,098,000
loss from equity method investment
loss on litigation — related settlement
minority interest in net income of subsidiaries																																																																						365,000	501,000	506,000	445,000	360,000	90,000	72,000	17,000	145,000	113,000	151,000	153,000		338,000	231,000	90,000
long-term deferred revenue																																																																						-6,000	200,000
change in assets and liabilities
decrease in restricted cash and short term investments
dividends paid																																																																										0	-6,242,000
acquisitions of treasury stock																																																																														0	-5,951,000	-2,886,000	-1,998,000	-2,267,000	0	-1,375,000	-1,902,000	-482,000
loss from equity method investment, net of tax																																																																							87,000
change in restricted cash and cash equivalents																																																																							21,000
adjustments to reconcile net income to net cash (used in) provided by operating activities:
amortization of bond (discount) premium																																																																										-28,000	-116,000
net cash (used by) provided by operating activities
sales and maturities of short-term and long-term investments																																																																													77,460,000	90,503,000	64,041,000	30,272,000	15,085,000
loss on litigation-related settlement
other than temporary decline in investments
purchase of short-term and long-term investments
common stock dividends																																																																																	-5,030,000	0				0
change in current assets and liabilities: - sum
adjustments to reconcile net income to net cash provided by operating activities:
other than temporary decline in investment																																																																																							43,000
purchase of short-term investments
accounts payable and other accrued items
proceeds from sale of investment
loss on sale of investment
unrealized gain on foreign currency
sale and maturities of short-term investments																																																																																							14,030,000	11,200,000	25,219,000
gain on sale of investment
unrealized loss on foreign currency

Vicor Corporation(NASDAQ:VICR)

Vicor Corporation
(NASDAQ:VICR)