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Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023 and 2022. 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,
			2023				2022			2023				2022
Net sales
PLP-USA			$	81,727			$	88,960		$	275,882			$	248,307
The Americas				22,790				23,780			66,852				65,179
EMEA				28,798				31,139			105,138				91,456
Asia-Pacific				27,124				21,523			76,205				62,155
Total net sales			$	160,438			$	165,402		$	524,076			$	467,097
Intersegment sales
PLP-USA			$	4,083			$	7,515		$	25,058			$	18,465
The Americas				4,515				4,899			13,024				11,756
EMEA				3,514				992			6,470				2,563
Asia-Pacific				5,611				8,957			18,714				23,703
Total intersegment sales			$	17,723			$	22,363		$	63,266			$	56,487
Gross profit
PLP-USA			$	30,672			$	34,547		$	114,012			$	90,751
The Americas				8,053				10,124			24,239				23,456
EMEA				7,434				7,445			26,199				21,777
Asia-Pacific				7,977				6,177			22,298				16,966
Total gross profit			$	54,137			$	58,293		$	186,748			$	152,950
Net income attributable to Preformed Line Products Company shareholders
PLP-USA			$	9,080			$	10,802		$	40,761			$	33,404
The Americas				1,411				5,450			6,050				8,016
EMEA				1,137				1,218			4,675				2,794
Asia-Pacific				3,502				(5,583	)		5,514				(6,330	)
Total net income attributable to Preformed Line Products Company shareholders			$	15,130			$	11,887		$	57,000			$	37,884

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- 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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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