XML 43 R30.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Share-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Summary of RSUs Outstanding Under LTIP | A summary of the RSUs outstanding under the LTIP for the nine months ended September 30, 2016 is as follows:
|  | Restricted Share Units |
|  | Performance and Service Required |  |  | Service Required |  |  | Total Restricted Share Units |  |  | Weighted-Average Grant-Date Fair Value |
Nonvested as of January 1, 2016 |  |  | 91,603 |  |  |  | 10,872 |  |  |  | 102,475 |  |  | $ | 53.88 |
Granted |  |  | 79,241 |  |  |  | 9,901 |  |  |  | 89,142 |  |  |  | 33.73 |
Vested |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0.00 |
Forfeited |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0.00 |
Nonvested as of September 30, 2016 |  |  | 170,844 |  |  |  | 20,773 |  |  |  | 191,617 |  |  | $ | 44.51 |
Weighted-Average Assumptions for Estimating Fair Values | The fair value for the stock options granted in 2015 was estimated at the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions: The weighted-average grant-date fair value of options granted during 2015 was $11.78.
|  | 2015 |
Risk-free interest rate |  |  | 2.1 | %
Dividend yield |  |  | 1.6 | %
Expected life (years) |  |  | 5 |
Expected volatility |  |  | 37.9 | %
Long Term Incentive Plan [Member] |
Activity in Company's Plan | Activity in the Company’s LTIP for nine months ended September 30, 2016 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, 2016 |  |  | 56,250 |  |  | $ | 55.30 |  |  |  |  |  |  |  |  |
Granted |  |  | 0 |  |  | $ | 0.00 |  |  |  |  |  |  |  |  |
Exercised |  |  | (1,000 | ) |  | $ | 37.44 |  |  |  |  |  |  |  |  |
Forfeited |  |  | (3,000 | ) |  | $ | 71.62 |  |  |  |  |  |  |  |  |
Outstanding (vested and expected to vest) at September 30, 2016 |  |  | 52,250 |  |  | $ | 54.71 |  |  |  | 6.2 |  |  | $ | 5 |
Exercisable at September 30, 2016 |  |  | 31,750 |  |  | $ | 58.17 |  |  |  | 7.1 |  |  | $ | 5 |
Stock Options [Member] |
Activity in Company's Plan | Activity in the Company’s 1999 Stock Option Plan for the nine months ended September 30, 2016 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, 2016 |  |  | 12,000 |  |  | $ | 41.44 |  |  |  |  |  |  |  |  |
Granted |  |  | 0 |  |  | $ | 0.00 |  |  |  |  |  |  |  |  |
Exercised |  |  | (6,450 | ) |  | $ | 35.50 |  |  |  |  |  |  |  |  |
Forfeited |  |  | 0 |  |  | $ | 0.00 |  |  |  |  |  |  |  |  |
Outstanding (exercisable and vested) at September 30, 2016 |  |  | 5,550 |  |  | $ | 48.35 |  |  |  | 2.1 |  |  | $ | 4 |

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_PlanNameAxis=plpc_LongTermIncentivePlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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