Vishay Intertechnology’s CEO Discusses Q2 2011 Results

Seeking Alpha reports a discussion with Vishay Intertechnology (NYSE:VSH) about the second quarter results.

Vishay’s Chief Financial Officer, Lior Yahalomi says,

As you are aware, on July 6, 2010, we completed the spin-off of Vishay Precision Group into an independently publicly-traded company. Although VPG is an independent company, due to certain continuing involvement such as common board members, limited supply agreements, and leases and trademark licenses, we did not restate prior financial statements to present VPG as a discontinued operation for U.S. GAAP purposes.

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