XML 51 R33.htm IDEA: XBRL DOCUMENT v3.3.1.900

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2015

Summary of RSUs

A summary of the RSUs for the year ended December 31, 2015 is as follows:

		Restricted Share Awards
		Performance and Service Required				Service Required				Total Restricted Awards				Weighted-Average Grant-Date Fair Value
Nonvested as of January 1, 2015			88,508				10,413				98,921			$	67.36
Granted			50,927				21,073				72,000				45.02
Vested			0				(20,614	)			(20,614	)			49.60
Forfeited			(47,832	)			0				(47,832	)			70.27
Nonvested as of December 31, 2015			91,603				10,872				102,475			$	53.88

Weighted-Average Assumptions for Estimating Fair Values

The fair values for the stock options granted were estimated at the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions:

		2015				2014
Risk-free interest rate			2.1	%			1.9	%
Dividend yield			1.6	%			1.7	%
Expected life (years)			5				5
Expected volatility			37.9	%			42.9	%

Stock Options [Member]

Activity in Company's Plan

Activity in the Company’s 1999 Stock Option Plan for the year ended December 31, 2015 was as follows:

		Number of Shares				Weighted Average Exercise Price per Share				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
Outstanding at January 1, 2015			12,000			$	41.44
Exercised			0			$	0.00
Forfeited			0			$	0.00
Outstanding (exercisable and vested) at December 31, 2015			12,000			$	41.44				1.8			$	47

Long Term Incentive Plan [Member]

Activity in Company's Plan

Activity in the Company’s LTIP plan for the year ended December 31, 2015 was as follows:

		Number of Shares				Weighted Average Exercise Price per Share				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
Outstanding at January 1, 2015			47,750			$	58.11
Granted			10,500			$	41.92
Exercised			0			$	0.00
Forfeited			(2,000	)		$	52.21
Outstanding (vested and expected to vest) at December 31, 2015			56,250			$	55.30				6.7			$	9
Exercisable at December 31, 2015			29,000			$	57.54				7.5			$	0

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=plpc_LongTermIncentivePlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: