XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Statements of Consolidated Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Shares
Common Shares Issued to Rabbi Trust
Deferred Compensation Liability
Paid in Capital
Retained Earnings
Treasury Shares
Cumulative Translation Adjustment
Unrecognized Pension Benefit Cost
Total Preformed Line Products Company Equity
Noncontrolling Interests
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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 21,419         21,398       21,398 21
Foreign currency translation adjustment 3,922             3,922   3,922  
Pension adjustment, net of tax 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 0   185 (185)           0  
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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 57,028                    
Ending Balance at Sep. 30, 2023 399,828 13,559 (10,069) 10,069 59,548 514,838 (117,702) (66,206) (4,225) 399,813 15
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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 20,464         20,472       20,472 (8)
Foreign currency translation adjustment 2,301             2,301   2,301  
Pension adjustment, net of tax 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 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 15,145         15,130       15,130 15
Foreign currency translation adjustment (6,934)             (6,934)   (6,934)  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 8,300                 8,285 15
Share-based compensation 1,299       1,299         1,299  
Purchase of common shares (8,559)           (8,559)     (8,559)  
Issuance of common shares 1,356 50     1,306         1,356  
Common shares distributed from rabbi trust, net 0   (30) 30           0  
Cash dividends declared (1,018)         (1,018)       (1,018)  
Ending Balance at Sep. 30, 2023 399,828 13,559 (10,069) 10,069 59,548 514,838 (117,702) (66,206) (4,225) 399,813 15
Beginning Balance at Dec. 31, 2023 416,156 13,607 (10,183) 10,183 60,958 520,154 (118,249) (55,828) (4,478) 416,164 (8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 9,603         9,596       9,596 7
Foreign currency translation adjustment (6,565)             (6,565)   (6,565)  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 3,127                 3,120 7
Share-based compensation 383       383         383  
Purchase of common shares (5,452)           (5,452)     (5,452)  
Issuance of common shares 171 104     67         171  
Common shares distributed from rabbi trust, net 0   (31) 31           0  
Cash dividends declared (1,017)         (1,017)       (1,017)  
Ending Balance at Mar. 31, 2024 413,368 13,711 (10,214) 10,214 61,408 528,733 (123,701) (62,393) (4,389) 413,369 (1)
Beginning Balance at Dec. 31, 2023 416,156 13,607 (10,183) 10,183 60,958 520,154 (118,249) (55,828) (4,478) 416,164 (8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 26,666                    
Ending Balance at Sep. 30, 2024 428,987 13,715 (9,557) 9,557 63,108 543,743 (126,503) (60,881) (4,211) 428,971 16
Beginning Balance at Mar. 31, 2024 413,368 13,711 (10,214) 10,214 61,408 528,733 (123,701) (62,393) (4,389) 413,369 (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 9,367         9,366       9,366 1
Foreign currency translation adjustment (5,971)             (5,971)   (5,971)  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 3,485                 3,484 1
Share-based compensation 934       934         934  
Purchase of common shares (568)           (568)     (568)  
Issuance of common shares 19 0     19         19  
Common shares issued to rabbit trust, net 0   (19) 19           0  
Cash dividends declared (1,020)         (1,020)       (1,020)  
Ending Balance at Jun. 30, 2024 416,218 13,711 (10,233) 10,233 62,361 537,079 (124,269) (68,364) (4,300) 416,218 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 7,696         7,680       7,680 16
Foreign currency translation adjustment 7,483             7,483   7,483  
Pension adjustment, net of tax 89               89 89  
Total comprehensive income 15,268                 15,252 16
Share-based compensation 632       632         632  
Purchase of common shares (2,234)           (2,234)     (2,234)  
Issuance of common shares 119 4     115         119  
Common shares distributed from rabbi trust, net 0   676 (676)           0  
Cash dividends declared (1,016)         (1,016)       (1,016)  
Ending Balance at Sep. 30, 2024 $ 428,987 $ 13,715 $ (9,557) $ 9,557 $ 63,108 $ 543,743 $ (126,503) $ (60,881) $ (4,211) $ 428,971 $ 16