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Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 138,720 $ 181,813 $ 279,625 $ 363,637
Cost of products sold 94,447 115,486 191,220 231,026
GROSS PROFIT 44,273 66,327 88,405 132,611
Costs and expenses        
Selling 11,928 13,013 23,828 25,401
General and administrative 15,250 18,220 31,858 36,830
Research and engineering 5,358 5,760 10,789 10,953
Other operating expense (income), net 445 1,186 (921) 2,298
Total costs and expenses 32,981 38,179 65,554 75,482
OPERATING INCOME 11,292 28,148 22,851 57,129
Other income (expense)        
Interest income 346 419 1,318 723
Interest expense (568) (1,134) (1,276) (2,199)
Other income, net 91 108 126 147
Total other income (expense) (131) (607) 168 (1,329)
INCOME BEFORE INCOME TAXES 11,161 27,541 23,019 55,800
Income tax expense 1,794 7,077 4,049 13,917
NET INCOME 9,367 20,464 18,970 41,883
Net income attributable to noncontrolling interests (1) 8 (8) (13)
NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS $ 9,366 $ 20,472 $ 18,962 $ 41,870
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
Basic 4,915 4,944 4,915 4,940
Diluted 4,964 5,024 4,955 5,013
EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:        
Basic $ 1.91 $ 4.14 $ 3.86 $ 8.48
Diluted $ 1.89 $ 4.08 $ 3.83 $ 8.35