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Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 146,973 $ 160,438 $ 426,597 $ 524,076
Cost of products sold 101,195 106,301 292,415 337,328
GROSS PROFIT 45,778 54,137 134,182 186,748
Costs and expenses        
Selling 12,318 12,732 36,146 38,133
General and administrative 16,414 17,794 48,272 54,624
Research and engineering 5,545 5,840 16,334 16,793
Other operating expense (income), net 1,109 (2,307) 186 (10)
Total costs and expenses 35,386 34,059 100,938 109,540
OPERATING INCOME 10,392 20,078 33,244 77,208
Other income (expense)        
Interest income 538 478 1,856 1,201
Interest expense (564) (998) (1,840) (3,198)
Other income, net 64 18 189 165
Total other income (expense) 38 (502) 205 (1,832)
INCOME BEFORE INCOME TAXES 10,430 19,576 33,449 75,376
Income tax expense 2,734 4,431 6,783 18,348
NET INCOME 7,696 15,145 26,666 57,028
Net income attributable to noncontrolling interests (16) (15) (24) (28)
NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS $ 7,680 $ 15,130 $ 26,642 $ 57,000
AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:        
Basic (in shares) 4,904 4,906 4,911 4,929
Diluted (in shares) 4,977 4,990 4,959 5,006
EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:        
Basic ( in dollars per share) $ 1.57 $ 3.08 $ 5.42 $ 11.56
Diluted (in dollars per share) $ 1.54 $ 3.03 $ 5.37 $ 11.39