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Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 165,402 $ 135,380 $ 467,097 $ 385,971
Cost of products sold 107,109 92,217 314,147 259,577
GROSS PROFIT 58,293 43,163 152,950 126,394
Costs and expenses        
Selling 11,245 10,142 33,573 29,842
General and administrative 17,467 14,741 50,724 42,905
Goodwill impairment 6,529   6,529  
Research and engineering 4,741 4,861 14,878 14,235
Other operating expense, net 937 341 2,472 2,828
Total costs and expenses 40,919 30,085 108,176 89,810
OPERATING INCOME 17,374 13,078 44,774 36,584
Other income (expense)        
Interest income 143 30 359 77
Interest expense (819) (559) (2,129) (1,479)
Other income, net 898 1,251 6,497 1,749
Total other income (expense) 222 722 4,727 347
INCOME BEFORE INCOME TAXES 17,596 13,800 49,501 36,931
Income tax expense 5,707 3,097 11,590 10,161
NET INCOME 11,889 10,703 37,911 26,770
Net income attributable to noncontrolling interests (2) 5 (27) (15)
NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS $ 11,887 $ 10,708 $ 37,884 $ 26,755
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
Basic 4,937 4,900 4,935 4,909
Diluted 5,036 4,975 4,983 4,950
EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:        
Basic $ 2.41 $ 2.19 $ 7.68 $ 5.45
Diluted $ 2.36 $ 2.15 $ 7.60 $ 5.40