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Business Segment Information | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Business Segment Information | NOTE K – BUSINESS SEGMENT INFORMATION Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance. The following tables present a summary of the Company’s reportable operating segments for the three and six months ended June 30, 2022 and 2021. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory.
|  | Three Months Ended June 30 |  |  | Six Months Ended June 30 |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | $ | 83,422 |  |  | $ | 62,087 |  |  | $ | 159,347 |  |  | $ | 118,316 |
The Americas |  |  | 22,436 |  |  |  | 18,625 |  |  |  | 41,399 |  |  |  | 36,146 |
EMEA |  |  | 32,845 |  |  |  | 27,352 |  |  |  | 60,317 |  |  |  | 50,834 |
Asia-Pacific |  |  | 24,768 |  |  |  | 24,974 |  |  |  | 40,631 |  |  |  | 45,295 |
Total net sales |  | $ | 163,471 |  |  | $ | 133,038 |  |  | $ | 301,694 |  |  | $ | 250,591 |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | $ | 6,830 |  |  | $ | 3,779 |  |  | $ | 10,950 |  |  | $ | 6,164 |
The Americas |  |  | 4,142 |  |  |  | 2,556 |  |  |  | 6,857 |  |  |  | 4,622 |
EMEA |  |  | 884 |  |  |  | 1,421 |  |  |  | 1,570 |  |  |  | 1,932 |
Asia-Pacific |  |  | 8,064 |  |  |  | 4,812 |  |  |  | 14,748 |  |  |  | 8,465 |
Total intersegment sales |  | $ | 19,920 |  |  | $ | 12,568 |  |  | $ | 34,125 |  |  | $ | 21,183 |
Gross profit |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | $ | 29,940 |  |  | $ | 22,826 |  |  | $ | 56,204 |  |  | $ | 43,904 |
The Americas |  |  | 7,967 |  |  |  | 5,892 |  |  |  | 13,332 |  |  |  | 11,435 |
EMEA |  |  | 7,958 |  |  |  | 8,325 |  |  |  | 14,332 |  |  |  | 16,459 |
Asia-Pacific |  |  | 6,841 |  |  |  | 5,996 |  |  |  | 10,789 |  |  |  | 11,433 |
Gross profit |  | $ | 52,706 |  |  | $ | 43,039 |  |  | $ | 94,657 |  |  | $ | 83,231 |
Net income attributable to Preformed Line Products Company shareholders |  |  |  |  |  |  |  |  |  |  |  |
PLP-USA |  | $ | 9,360 |  |  | $ | 6,319 |  |  | $ | 22,602 |  |  | $ | 11,895 |
The Americas |  |  | 2,637 |  |  |  | 1,962 |  |  |  | 2,566 |  |  |  | 3,153 |
EMEA |  |  | 1,293 |  |  |  | 1,043 |  |  |  | 1,576 |  |  |  | 2,239 |
Asia-Pacific |  |  | 422 |  |  |  | (455 | ) |  |  | (747 | ) |  |  | (1,239 | )
Total net income attributable to Preformed Line Products Company shareholders |  | $ | 13,712 |  |  | $ | 8,869 |  |  | $ | 25,997 |  |  | $ | 16,048 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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