v3.25.2
Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 169,601 $ 138,720 $ 318,142 $ 279,625
Cost of products sold 114,202 94,447 214,072 191,220
GROSS PROFIT 55,399 44,273 104,070 88,405
Costs and expenses        
Selling 13,092 11,928 25,273 23,828
General and administrative 18,665 15,250 36,291 31,858
Research and engineering 5,695 5,358 11,174 10,789
Other operating expense (income), net 823 445 1,078 (921)
Total costs and expenses 38,275 32,981 73,816 65,554
OPERATING INCOME 17,124 11,292 30,254 22,851
Other income (expense)        
Interest income 384 346 894 1,318
Interest expense (318) (568) (694) (1,276)
Other income, net 116 91 523 126
Total other income (expense) 182 (131) 723 168
INCOME BEFORE INCOME TAXES 17,306 11,161 30,977 23,019
Income tax expense 4,606 1,794 6,724 4,049
NET INCOME 12,700 9,367 24,253 18,970
Net expense (income) attributable to noncontrolling interests 5 (1) (31) (8)
NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS $ 12,705 $ 9,366 $ 24,222 $ 18,962
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
Basic (in shares) 4,932 4,915 4,930 4,915
Diluted (in shares) 4,955 4,964 4,955 4,955
EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:        
Basic (in dollars per share) $ 2.58 $ 1.91 $ 4.91 $ 3.86
Diluted (in dollars per share) $ 2.56 $ 1.89 $ 4.89 $ 3.83