XML 19 R2.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,131,250 $ 2,021,341 $ 2,065,133
Cost of sales 1,375,325 1,304,061 1,368,125
Gross profit 755,925 717,280 697,008
Selling, general, and administrative expenses 486,231 470,136 433,476
Restructuring expense 716 3,499 1,091
Operating income 268,978 243,645 262,441
Interest expense (10,641) (6,319) (11,790)
Other income, net 585 1,339 3,696
Foreign exchange expense, net (9,340) (6,818) (12,124)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component (54,932) 0 0
Income before income taxes 194,650 231,847 242,223
Income tax expense 45,956 50,238 47,489
Net income 148,694 181,609 194,734
Less: Net income attributable to noncontrolling interests (1,604) (1,300) (1,462)
Net income attributable to Franklin Electric Co., Inc. $ 147,090 $ 180,309 $ 193,272
Earnings per share:      
Basic $ 3.25 $ 3.92 $ 4.17
Diluted $ 3.22 $ 3.86 $ 4.11