Shareholders Equity (Tables)

6 Months Ended

Jun. 30, 2020

Summary of Changes in Shareholders Equity

The following table reflects the changes in shareholders equity for the three months ended June 30, 2020 and 2019:


																			Accumulated Other Comprehensive Income (Loss)
		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			Non controlling Interests			Total Equity
	(In thousands, except share and per share data)
Balance at December 31, 2019		$	12,848	$	(10,981	)	$	10,981		$	38,854		$	353,292		$	(79,106	)	$	(51,682	)	$	(5,671	)	$	268,535		$	33		$	268,568
Net income (loss)														3,698												3,698			(45	)		3,653
Foreign currency translation adjustment																				(16,881	)					(16,881	)					(16,881	)
Recognized net actuarial gain, net of tax provision of $31																							98			98						98
Total comprehensive income																										(13,085	)		(45	)		(13,130	)
Share-based compensation											976			(43	)											933						933
Purchase of 75,246 common shares																	(3,980	)								(3,980	)					(3,980	)
Issuance of 77,381 common shares			155																							155						155
Common shares distributed from rabbi trust of 3,358, net					101			(101	)																	0						0
Cash dividends declared - $.20 per share											(83	)		(963	)											(1,046	)					(1,046	)
Balance at March 31, 2020		$	13,003	$	(10,880	)	$	10,880		$	39,747		$	355,984		$	(83,086	)	$	(68,563	)	$	(5,573	)	$	251,512		$	(12	)	$	251,500
Net income														10,481												10,481			7			10,488
Foreign currency translation adjustment																				5,472						5,472						5,472
Recognized net actuarial gain, net of tax provision of $39																							91			91						91
Total comprehensive income																										16,044			7			16,051
Share-based compensation											612			(26	)											586						586
Purchase of 60,608 common shares																	(3,011	)								(3,011	)					(3,011	)
Issuance of 603 common shares											26															26						26
Common shares issued to rabbi trust of 603, net					(30	)		30																		0						0
Cash dividends declared - $.20 per share														(996	)											(996	)					(996	)
Balance at June 30, 2020		$	13,003	$	(10,910	)	$	10,910		$	40,385		$	365,443		$	(86,097	)	$	(63,091	)	$	(5,482	)	$	264,161		$	(5	)	$	264,156

																		Accumulated Other Comprehensive Income (Loss)
		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			Non Controlling Interests			Total Equity
	(In thousands, except share and per share data)
Balance at December 31, 2018		$	12,662	$	(11,008	)	$	11,008	$	34,401		$	334,170		$	(72,280	)	$	(53,710	)	$	(5,873	)	$	249,370		$	0		$	249,370
Net income													1,824												1,824						1,824
Foreign currency translation adjustment																			1,353						1,353						1,353
Recognized net actuarial gain, net of tax provision of $32																						93			93						93
Total comprehensive income																									3,270			0			3,270
Share-based compensation										928			(36	)											892						892
Purchase of 40,891 common shares																(2,294	)								(2,294	)					(2,294	)
Issuance of 78,821 common shares			159							(18	)														141						141
Common shares issued to rabbi trust of 705, net					(30	)		30																	0						0
Cash dividends declared - $.20 per share										(165	)		(1,011	)											(1,176	)					(1,176	)
Balance at March 31, 2019		$	12,821	$	(11,038	)	$	11,038	$	35,146		$	334,947		$	(74,574	)	$	(52,357	)	$	(5,780	)	$	250,203		$	0		$	250,203
Net income													7,904												7,904			(38	)		7,866
Foreign currency translation adjustment																			1,100						1,100						1,100
Recognized net actuarial gain, net of tax provision of $31																						93			93						93
Total comprehensive income																									9,097			(38	)		9,059
Share-based compensation										1,028			(43	)											985						985
Purchase of 29,724 common shares																(1,456	)								(1,456	)					(1,456	)
Issuance of 525 common shares			1							26															27						27
Common shares distributed from rabbi trust of 525, net					(28	)		28																	0						0
Cash dividends declared - $.20 per share													(1,004	)											(1,004	)					(1,004	)
Balance at June 30, 2019		$	12,822	$	(11,066	)	$	11,066	$	36,200		$	341,804		$	(76,030	)	$	(51,257	)	$	(5,687	)	$	257,852		$	(38	)	$	257,814