Vishay Intertechnology Inc. Watchdog Report ™ VSH (NYSE) | CIK:103730 | United States | SEC llings The new model for duciary analysis Sep 24, 2021 Jan 1, 2020 Jan 1, 2016 RECENT PERIOD HISTORICAL PERIOD Key Facts 10-Q led on Aug 10, 2021 for period ending Jul 2021 Business address: Malvern, Pennsylvania, United States Reporting Irregularities RECENT HISTORICAL Industry: Semiconductor and Related Device Manufacturing (NAICS Financial Restatements 334413) SEC ler status: Large Accelerated Filer as of Jul 2021 Revisions Index member: S&P 400, Russell 2000 Out of Period Adjustments Market Cap: $3b as of Sep 24, 2021 Late Filings Annual revenue: $2.5b as of Dec 31, 2020 Impairments Corporate Governance Changes in Accounting Estimates CEO: Gerald Paul since 2005 Disclosure Controls CFO: Lori Lipcaman since 2011 1st level Internal Controls
Board Chairman: Marc Zandman Critical / Key Audit Matters Audit Committee Chair: NOT AVAILABLE Anomalies in the Numbers 2nd level RECENT HISTORICAL Benford's Law Auditor: Ernst & Young LLP since 1968 Outside Counsel (most recent): Troutman Pepper Hamilton Sanders LLP Beneish M-Score Pepper Hamilton LLP Accounting Disclosure Complexity 3rd level Securities & Exchange Commission Concerns RECENT HISTORICAL SEC Reviewer: Martin F James 4th level SEC Oversight
SEC Letters to Management
Revenue Recognition
Non-GAAP Measures Litigation & External Pressures RECENT HISTORICAL Signi cant Litigation
Securities Class Actions
Shareholder Activism
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How to analyze this company's Watchdog Insider Sales Report? Skip to the last page Pledged Securities
Information in this report is effective Sep 24, 2021 and is taken from the Mergers & Acquisitions company's public nancial and regulatory lings. Latest ling 10-Q led Sales of Assets 08/10/2021. Over 75 accounting and data analysts scrutinize and review crucial information, footnotes, disclosures, etc., from these lings. Material Auditor Assessment facts are captured and processed using our proprietary methods which RECENT HISTORICAL identify key risk factors our readers need to know. Each Watchdog Report Auditor Changes represents 30 or more hours of analysis and processing. Auditor Experience
Accounting and nancial disclosure data from Audit Analytics. Auditor Tenure Executive compensation data from Shore Group and Intrinio. Data from Sharadar. Audit Fees Data from Barchart via Quandl. Non-Audit Fees Data from Exchange Data International via Quandl.
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Overview Reporting Irregularities Anomalies in the Numbers SEC Concerns Litigation & External Pressures Management Review Auditor Assessment Peer Group
Overview
Price and Volume History
This graph shows the price and trading history for Vishay. Warning signs and red ags are marked on the graph according to their disclosure dates.
1 Mar 2, 2021 - Insider Sale 14 Feb 16, 2018 - Insider Sale
2 Mar 1, 2021 - Insider Sale 15 Nov 2, 2017 - Insider Sale
3 Feb 24, 2021 - Critical / Key Audit Matters 16 Jun 14, 2017 - Lawsuit: 101 Frost Street Associates LP et al v. United States Atomic En…
4 Feb 23, 2021 - Insider Sale 17 May 15, 2017 - Insider Sale
5 Feb 23, 2021 - Insider Sale 18 May 8, 2017 - Insider Sale
6 Feb 14, 2020 - Critical / Key Audit Matters 19 Feb 27, 2017 - Insider Sale
7 Feb 13, 2020 - Insider Sale 20 Feb 24, 2017 - Insider Sale
8 Feb 13, 2020 - Insider Sale 21 Feb 17, 2017 - Impairment
9 Mar 4, 2019 - Insider Sale 22 Feb 16, 2017 - Insider Sale
10 Mar 4, 2019 - Insider Sale 23 Feb 16, 2017 - Insider Sale
11 Feb 15, 2019 - Insider Sale 24 Dec 19, 2016 - SEC letters to management
12 Feb 15, 2019 - Insider Sale 25 Nov 16, 2016 - Insider Sale
13 Feb 16, 2018 - Insider Sale 26 Feb 17, 2016 - Impairment
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Noti cations
Important noti cations related to the company are listed here. Noti cations may come from the SEC, exchanges such as the NYSE or NASDAQ, or Watchdog Research. Examples of noti cations include announcements of bankruptcy proceedings, company name changes, and noncompliance with SEC regulations or exchange rules.
There are no noti cations for Vishay at least since 2016.
Peer Group
Peer groups are used by companies to benchmark executive compensation and performance. Each company identi es its own peer group. Peer groups vary from company to company.
Peer Group Companies Who Named Vishay as a Peer
Company Ticker Market Cap Company Ticker Market Cap
KLA Tencor Corp. KLAC $56.4b Rockwell Automation Inc. ROK $35.6b
Microchip Technology Inc. MCHP $45.3b On Semiconductor Corp. ON $19b
Xilinx Inc. XLNX $38.9b II-VI Inc. IIVI $6.45b
Skyworks Solutions, Inc. SWKS $28.5b Acuity Brands Inc. AYI $6.45b
Maxim Integrated Products Inc. MXIM $27.7b Diodes Inc. DIOD $4.27b
Teradyne, Inc. TER $19.7b Laureate Education, Inc. LAUR $3.25b
Qorvo, Inc. QRVO $19.3b Vishay Intertechnology Inc. VSH $3b
On Semiconductor Corp. ON $19b Plexus Corp. PLXS $2.58b
Cree Inc. CREE $9.82b TTM Technologies Inc. TTMI $1.35b
Vishay Intertechnology Inc. VSH $3b Magnachip Semiconductor Corp. MX $835m
Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Flag Comparison
The return to a company’s stock is not the only measure of executive performance. Ethics matter, and growth can quickly reverse and gains evaporate if a company’s accounting and nancial reporting processes are not fundamentally sound and trustworthy. How does Vishay's accounting quality compare to its peer group?
VSH PEER GROUPFLAGS VSH PEER GROUPFLAGS Reporting Irregularities Litigation & External Pressures
Financial Restatements 9 Signi cant Litigation 1 3 5
Revisions 7 2 Securities Class Actions 5 4
Out of Period Adjustments 8 1 Shareholder Activism 9
Impairments 1 8 Cybersecurity 8 1
Changes in Accounting Estimates 6 3 Management Review
Disclosure Controls 7 2 CEO Changes 4 4 1
Internal Controls 7 2 CFO Changes 2 3 4
Critical / Key Audit Matters 6 3 Insider Sales 1 5 3
Pledged Securities 9 Anomalies in the Numbers
Benford's Law 4 5 Mergers & Acquisitions 4 3 2
Beneish M-Score 6 2 Sales of Assets 9
Accounting Disclosure Complexity 5 4 Auditor Assessment
Auditor Changes 7 2 Securities & Exchange Commission Concerns
SEC Oversight 9 Auditor Experience 9
SEC Letters to Management 8 1 Auditor Tenure 6 3
Revenue Recognition 7 2 Audit Fees 3 6
Non-GAAP Measures 9 Non-Audit Fees 6 3
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