Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 31,153	$ 28,120
Accounts receivable, less allowances of $2,032 ($2,039 in 2012)	73,917	61,695
Inventories-net	73,930	86,916
Deferred income taxes	6,752	6,557
Prepaids	6,108	5,652
Prepaid taxes	3,193	2,729
Other current assets	3,638	2,432
TOTAL CURRENT ASSETS	198,691	194,101
Property, plant and equipment-net	98,453	93,326
Patents and other intangibles-net	12,365	14,038
Goodwill	14,972	15,537
Deferred income taxes	6,989	6,069
Other assets	13,572	9,993
TOTAL ASSETS	345,042	333,064
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable to banks	501	217
Current portion of long-term debt	191	251
Trade accounts payable	23,837	21,822
Accrued compensation and amounts withheld from employees	15,214	12,271
Accrued expenses and other liabilities	10,286	11,967
Accrued profit-sharing and other benefits	4,842	5,387
Dividends payable	1,106	0
Income taxes payable and deferred income taxes	1,099	6,328
TOTAL CURRENT LIABILITIES	57,076	58,243
Long-term debt, less current portion	14,951	9,322
Unfunded pension obligation	11,636	13,184
Income taxes payable, noncurrent	1,585	2,304
Deferred income taxes	4,047	4,485
Other noncurrent liabilities	4,692	4,457
PLPC Shareholders' equity:
Common shares-$2 par value per share, 15,000,000 shares authorized, 5,361,155 and 5,377,937 issued and outstanding, net of 732,579 and 689,472 treasury shares at par, respectively, at September 30, 2013 and December 31, 2012	10,722	10,756
Common shares issued to rabbi trust, 184,787 and 184,036 shares at September 30, 2013 and December 31, 2012	(6,577)	(6,522)
Deferred compensation liability	6,577	6,522
Paid in capital	19,828	16,355
Retained earnings	239,703	227,622
Accumulated other comprehensive loss	(19,198)	(13,664)
TOTAL SHAREHOLDERS' EQUITY	251,055	241,069
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 345,042	$ 333,064

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations. Also represents the current portion of deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A current taxable temporary difference is a difference between the tax basis and the carrying amount of a current asset or liability in the financial statements prepared in accordance with generally accepted accounting principles. In a classified statement of financial position, an enterprise separates deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carry forwards, is classified according to the expected reversal date of the temporary difference.

No definition available.