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Statements of Consolidated Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Shares [Member]
Common Shares Issued to Rabbi Trust [Member]
Deferred Compensation Liability [Member]
Paid In Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Cumulative Translation Adjustment [Member]
Unrecognized Pension Benefit Cost [Member]
Total Preformed Line Products, Company Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2021 $ 316,100 $ 13,185 $ (10,102) $ 10,102 $ 47,814 $ 410,673 $ (93,836) $ (56,223) $ (5,496) $ 316,117 $ (17)
Net income 12,301         12,285       12,285 16
Foreign currency translation adjustment 2,101             2,101   2,101  
Recognized net actuarial gain, net of tax provision 89               89 89  
Total comprehensive income 14,491                 14,475 16
Share-based compensation 871       871         871  
Purchase of common shares (1,795)           (1,795)     (1,795)  
Issuance of common shares 279 117     162         279  
Common shares distributed from rabbi trust, net     (99) 99              
Cash dividends declared (1,037)         (1,037)       (1,037)  
Ending Balance at Mar. 31, 2022 328,909 13,302 (10,201) 10,201 48,847 421,921 (95,631) (54,122) (5,407) 328,910 (1)
Beginning Balance at Dec. 31, 2021 316,100 13,185 (10,102) 10,102 47,814 410,673 (93,836) (56,223) (5,496) 316,117 (17)
Net income 26,022                    
Foreign currency translation adjustment (8,089)                    
Recognized net actuarial gain, net of tax provision 179                    
Ending Balance at Jun. 30, 2022 332,687 13,303 (10,231) 10,231 49,918 434,718 (95,631) (64,312) (5,317) 332,679 8
Beginning Balance at Mar. 31, 2022 328,909 13,302 (10,201) 10,201 48,847 421,921 (95,631) (54,122) (5,407) 328,910 (1)
Net income 13,721         13,712       13,712 9
Foreign currency translation adjustment (10,190)             (10,190)   (10,190)  
Recognized net actuarial gain, net of tax provision 90               90 90  
Total comprehensive income 3,621                 3,612 9
Share-based compensation 1,042       1,042         1,042  
Issuance of common shares 30 1     29         30  
Common shares distributed from rabbi trust, net     (30) 30              
Cash dividends declared (915)         (915)       (915)  
Ending Balance at Jun. 30, 2022 332,687 13,303 (10,231) 10,231 49,918 434,718 (95,631) (64,312) (5,317) 332,679 8
Beginning Balance at Dec. 31, 2022 358,624 13,351 (10,261) 10,261 53,646 460,930 (99,303) (65,495) (4,492) 358,637 (13)
Net income 21,419         21,398       21,398 21
Foreign currency translation adjustment 3,922             3,922   3,922  
Recognized net actuarial gain, net of tax provision 89               89 89  
Total comprehensive income 25,430                 25,409 21
Share-based compensation 1,066       1,066         1,066  
Purchase of common shares (3,740)           (3,740)     (3,740)  
Issuance of common shares 384 140     244         384  
Common shares distributed from rabbi trust, net     185 (185)              
Cash dividends declared (1,050)         (1,050)       (1,050)  
Ending Balance at Mar. 31, 2023 380,714 13,491 (10,076) 10,076 54,956 481,278 (103,043) (61,573) (4,403) 380,706 8
Beginning Balance at Dec. 31, 2022 358,624 13,351 (10,261) 10,261 53,646 460,930 (99,303) (65,495) (4,492) 358,637 (13)
Net income 41,883                    
Foreign currency translation adjustment 6,223                    
Recognized net actuarial gain, net of tax provision 178                    
Ending Balance at Jun. 30, 2023 398,449 13,509 (10,039) 10,039 56,943 500,726 (109,143) (59,272) (4,314) 398,449  
Beginning Balance at Mar. 31, 2023 380,714 13,491 (10,076) 10,076 54,956 481,278 (103,043) (61,573) (4,403) 380,706 8
Net income 20,464         20,472       20,472 (8)
Foreign currency translation adjustment 2,301             2,301   2,301  
Recognized net actuarial gain, net of tax provision 89               89 89  
Total comprehensive income 22,854                 22,862 $ (8)
Share-based compensation 1,725       1,725         1,725  
Purchase of common shares (6,100)           (6,100)     (6,100)  
Issuance of common shares 280 18     262         280  
Common shares distributed from rabbi trust, net (0)   37 (37)           (0)  
Cash dividends declared (1,024)         1,024       (1,024)  
Ending Balance at Jun. 30, 2023 $ 398,449 $ 13,509 $ (10,039) $ 10,039 $ 56,943 $ 500,726 $ (109,143) $ (59,272) $ (4,314) $ 398,449