XML 48 R37.htm IDEA: XBRL DOCUMENT v3.21.2

Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Summary of Company's Reportable Segments

The following tables present a summary of the Company’s reportable operating segments for the three and nine months ended September 30, 2021 and 2020. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory.

		Three Months Ended September 30								Nine Months Ended September 30
		2021				2020				2021				2020
Net sales
PLP-USA		$	66,891			$	53,027			$	185,208			$	153,595
The Americas			18,084				19,914				54,230				54,641
EMEA			26,619				27,034				77,452				68,441
Asia-Pacific			23,786				27,488				69,081				71,267
Total net sales		$	135,380			$	127,463			$	385,971			$	347,944
Intersegment sales
PLP-USA		$	2,947			$	2,786			$	9,112			$	7,787
The Americas			2,556				3,029				7,178				7,706
EMEA			564				892				2,496				2,513
Asia-Pacific			6,533				4,176				14,997				10,180
Total intersegment sales		$	12,600			$	10,883			$	33,783			$	28,186
Income taxes
PLP-USA		$	1,362			$	2,020			$	6,221			$	4,891
The Americas			1,108				875				2,376				2,321
EMEA			512				1,205				1,366				1,735
Asia-Pacific			115				358				198				359
Total income taxes		$	3,097			$	4,458			$	10,161			$	9,306
Net income attributable to Preformed Line Products Company shareholders
PLP-USA		$	6,688			$	6,753			$	18,583			$	16,439
The Americas			2,474				1,908				5,627				4,598
EMEA			697				2,912				2,935				5,495
Asia-Pacific			849				1,381				(390	)			601
Total net income attributable to Preformed Line Products Company shareholders		$	10,708			$	12,954			$	26,755			$	27,133

		September 30, 2021				December 31, 2020
Assets
PLP-USA		$	173,886			$	137,689
The Americas			79,055				75,438
EMEA			107,331				106,922
Asia-Pacific			133,321				141,038
Total identifiable assets		$	493,593			$	461,087

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration