v3.25.2
Statements of Consolidated Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Shares
Common Shares Issued to Rabbi Trust
Deferred Compensation Liability
Paid in Capital
Retained Earnings
Treasury Shares
Cumulative Translation Adjustment
Unrecognized Pension Benefit Cost
Total Preformed Line Products Company Equity
Noncontrolling Interests
Beginning Balance at Dec. 31, 2023 $ 416,156 $ 13,607 $ (10,183) $ 10,183 $ 60,958 $ 520,154 $ (118,249) $ (55,828) $ (4,478) $ 416,164 $ (8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 9,603         9,596       9,596 7
Foreign currency translation adjustment (6,565)             (6,565)   (6,565)  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 3,127                 3,120 7
Stock incentive plan activity (4,898) 104     450   (5,452)     (4,898)  
Common shares distributed from rabbi trust, net 0   (31) 31           0  
Cash dividends declared (1,017)         (1,017)       (1,017)  
Ending Balance at Mar. 31, 2024 413,368 13,711 (10,214) 10,214 61,408 528,733 (123,701) (62,393) (4,389) 413,369 (1)
Beginning Balance at Dec. 31, 2023 416,156 13,607 (10,183) 10,183 60,958 520,154 (118,249) (55,828) (4,478) 416,164 (8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 18,970                    
Foreign currency translation adjustment (12,536)                    
Ending Balance at Jun. 30, 2024 416,218 13,711 (10,233) 10,233 62,361 537,079 (124,269) (68,364) (4,300) 416,218 0
Beginning Balance at Mar. 31, 2024 413,368 13,711 (10,214) 10,214 61,408 528,733 (123,701) (62,393) (4,389) 413,369 (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 9,367         9,366       9,366 1
Foreign currency translation adjustment (5,971)             (5,971)   (5,971)  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 3,485                 3,484 1
Purchase of common shares (568)           (568)     (568)  
Stock incentive plan activity 953       953         953  
Common shares distributed from rabbi trust, net 0   (19) 19           0  
Cash dividends declared (1,020)         (1,020)       (1,020)  
Ending Balance at Jun. 30, 2024 416,218 13,711 (10,233) 10,233 62,361 537,079 (124,269) (68,364) (4,300) 416,218 0
Beginning Balance at Dec. 31, 2024 422,324 13,752 (9,575) 9,575 65,093 553,179 (126,800) (77,536) (5,373) 422,315 9
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 11,553         11,517       11,517 36
Foreign currency translation adjustment 6,671             6,671   6,671  
Pension adjustment, net of tax 123               123 123  
Total comprehensive income 18,347                 18,311 36
Purchase of common shares (131)           (131)     (131)  
Stock incentive plan activity (3,701) 68     (2,888)   (881)     (3,701)  
Common shares issued to rabbi trust, net 0   (19) 19           0  
Cash dividends declared (1,018)         (1,018)       (1,018)  
Ending Balance at Mar. 31, 2025 435,821 13,820 (9,594) 9,594 62,205 563,678 (127,812) (70,865) (5,250) 435,776 45
Beginning Balance at Dec. 31, 2024 422,324 13,752 (9,575) 9,575 65,093 553,179 (126,800) (77,536) (5,373) 422,315 9
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 24,253                    
Foreign currency translation adjustment 20,352                    
Ending Balance at Jun. 30, 2025 460,776 13,823 (9,613) 9,613 64,019 575,368 (130,163) (57,184) (5,127) 460,736 40
Beginning Balance at Mar. 31, 2025 435,821 13,820 (9,594) 9,594 62,205 563,678 (127,812) (70,865) (5,250) 435,776 45
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 12,700         12,705       12,705 (5)
Foreign currency translation adjustment 13,681             13,681   13,681  
Pension adjustment, net of tax 123               123 123  
Total comprehensive income 26,504                 26,509 (5)
Purchase of common shares (2,351)           (2,351)     (2,351)  
Stock incentive plan activity 1,817 3     1,814         1,817  
Common shares issued to rabbi trust, net 0   (19) 19           0  
Cash dividends declared (1,015)         (1,015)       (1,015)  
Ending Balance at Jun. 30, 2025 $ 460,776 $ 13,823 $ (9,613) $ 9,613 $ 64,019 $ 575,368 $ (130,163) $ (57,184) $ (5,127) $ 460,736 $ 40