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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Summary of Company's Reportable Segments | The following table presents a summary of the Company’s reportable segments for the years ended December 31, 2024, 2023 and 2022. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profits in inventory.
| Year Ended December 31, 2024
| PLP-USA |  | The Americas |  | EMEA |  | Asia-Pacific |  | Total
Gross sales | $ | 276,792 |  |  | $ | 98,554 |  |  | $ | 133,577 |  |  | $ | 123,585 |  |  | $ | 632,508 |
Intersegment sales | (10,088) |  |  | (8,274) |  |  | (5,336) |  |  | (15,096) |  |  | (38,794) |
Net sales | 266,704 |  |  | 90,280 |  |  | 128,241 |  |  | 108,489 |  |  | 593,714 |
Less: |  |  |  |  |  |  |  |  |
Cost of products sold | 173,735 |  |  | 61,672 |  |  | 91,445 |  |  | 77,051 |  |  | 403,903 |
Gross profit | 92,969 |  |  | 28,608 |  |  | 36,796 |  |  | 31,438 |  |  | 189,811 |
Costs and expenses | 72,593 |  |  | 18,655 |  |  | 26,090 |  |  | 21,716 |  |  | 139,054 |
Operating income | 20,376 |  |  | 9,953 |  |  | 10,706 |  |  | 9,722 |  |  | 50,757 |
Interest income | 55 |  |  | 2,139 |  |  | 281 |  |  | 98 |  |  | 2,573 |
Interest expense | (911) |  |  | (81) |  |  | (658) |  |  | (571) |  |  | (2,221) |
Other (expense) income, net | (27) |  |  | 141 |  |  | 133 |  |  | (586) |  |  | (339) |
Income before income taxes | 19,493 |  |  | 12,152 |  |  | 10,462 |  |  | 8,663 |  |  | 50,770 |
Income tax expense | 5,553 |  |  | 3,201 |  |  | 2,683 |  |  | 2,222 |  |  | 13,659 |
Total noncontrolling interest | — |  |  | — |  |  | 17 |  |  | — |  |  | 17 |
Total net income attributable to Preformed Line Products Company shareholders | $ | 13,940 |  |  | $ | 8,951 |  |  | $ | 7,762 |  |  | $ | 6,441 |  |  | $ | 37,094 |
| Year Ended December 31, 2023
| PLP-USA |  | The Americas |  | EMEA |  | Asia-Pacific |  | Total
Gross sales | $ | 387,913 |  |  | $ | 102,404 |  |  | $ | 110,661 |  |  | $ | 126,677 |  |  | $ | 727,655 |
Intersegment sales | (9,350) |  |  | (16,345) |  |  | (8,531) |  |  | (23,750) |  |  | (57,976) |
Net sales | 378,563 |  |  | 86,059 |  |  | 102,130 |  |  | 102,927 |  |  | 669,679 |
Less: |  |  |  |  |  |  |  |  |
Cost of products sold | 239,603 |  |  | 56,054 |  |  | 65,758 |  |  | 73,416 |  |  | 434,831 |
Gross profit | 138,960 |  |  | 30,005 |  |  | 36,372 |  |  | 29,511 |  |  | 234,848 |
Costs and expenses | 79,289 |  |  | 22,724 |  |  | 28,193 |  |  | 20,488 |  |  | 150,694 |
Operating income | 59,671 |  |  | 7,281 |  |  | 8,179 |  |  | 9,023 |  |  | 84,154 |
Interest income | — |  |  | 1,615 |  |  | 125 |  |  | 71 |  |  | 1,811 |
Interest expense | (1,991) |  |  | (255) |  |  | (899) |  |  | (760) |  |  | (3,905) |
Other income, net | 54 |  |  | 136 |  |  | 66 |  |  | 28 |  |  | 284 |
Income before income taxes | 57,734 |  |  | 8,777 |  |  | 7,471 |  |  | 8,362 |  |  | 82,344 |
Income tax expense | 12,342 |  |  | 3,022 |  |  | 1,670 |  |  | 1,973 |  |  | 19,007 |
Total noncontrolling interest | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Total net income attributable to Preformed Line Products Company shareholders | $ | 45,392 |  |  | $ | 5,755 |  |  | $ | 5,796 |  |  | $ | 6,389 |  |  | $ | 63,332 |
| Year Ended December 31, 2022
| PLP-USA |  | The Americas |  | EMEA |  | Asia-Pacific |  | Total
Gross sales | $ | 375,900 |  |  | $ | 103,115 |  |  | $ | 99,406 |  |  | $ | 122,528 |  |  | $ | 700,949 |
Intersegment sales | (9,081) |  |  | (17,915) |  |  | (3,280) |  |  | (33,652) |  |  | (63,928) |
Net sales | 366,819 |  |  | 85,200 |  |  | 96,126 |  |  | 88,876 |  |  | 637,021 |
Less: |  |  |  |  |  |  |  |  |
Cost of products sold | 237,650 |  |  | 53,749 |  |  | 66,721 |  |  | 63,721 |  |  | 421,841 |
Gross profit | 129,169 |  |  | 31,451 |  |  | 29,405 |  |  | 25,155 |  |  | 215,180 |
Costs and expenses | 73,941 |  |  | 16,816 |  |  | 25,884 |  |  | 29,178 |  |  | 145,819 |
Operating income | 55,228 |  |  | 14,635 |  |  | 3,521 |  |  | (4,023) |  |  | 69,361 |
Interest income | — |  |  | 534 |  |  | 82 |  |  | 15 |  |  | 631 |
Interest expense | (1,138) |  |  | (678) |  |  | (664) |  |  | (734) |  |  | (3,214) |
Other income, net | 6,389 |  |  | 147 |  |  | 361 |  |  | 29 |  |  | 6,926 |
Income before income taxes | 60,479 |  |  | 14,638 |  |  | 3,300 |  |  | (4,713) |  |  | 73,704 |
Income tax expense | 15,285 |  |  | 3,218 |  |  | 1,918 |  |  | (1,116) |  |  | 19,305 |
Total noncontrolling interest | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Total net income attributable to Preformed Line Products Company shareholders | $ | 45,194 |  |  | $ | 11,420 |  |  | $ | 1,378 |  |  | $ | (3,597) |  |  | $ | 54,395 |
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Expenditure for long-lived assets |  |  |  |  |
PLP-USA | $ | 6,054 |  |  | $ | 25,317 |  |  | $ | 31,012 |
The Americas | 2,255 |  |  | 4,861 |  |  | 3,702 |
EMEA | 4,454 |  |  | 2,849 |  |  | 2,247 |
Asia-Pacific | 1,888 |  |  | 2,305 |  |  | 3,637 |
Total expenditure for long-lived assets | $ | 14,651 |  |  | $ | 35,332 |  |  | $ | 40,598 |
Depreciation and amortization |  |  |  |  |
PLP-USA | $ | 11,768 |  |  | $ | 9,270 |  |  | $ | 7,104 |
The Americas | 3,821 |  |  | 2,702 |  |  | 2,452 |
EMEA | 3,575 |  |  | 3,493 |  |  | 3,354 |
Asia-Pacific | 3,102 |  |  | 3,449 |  |  | 3,520 |
Total depreciation and amortization | $ | 22,266 |  |  | $ | 18,914 |  |  | $ | 16,430 |
| As of December 31,
| 2024 |  | 2023
Identifiable assets |  |  |
PLP-USA | $ | 245,388 |  |  | $ | 256,508 |
The Americas | 103,456 |  |  | 111,056 |
EMEA | 125,013 |  |  | 119,741 |
Asia-Pacific | 100,020 |  |  | 115,846 |
Total identifiable assets | $ | 573,877 |  |  | $ | 603,151 |
Summary of Company's Long-Lived Assets by Segment |
Long-lived assets |  |  |
PLP-USA | $ | 119,114 |  |  | $ | 125,035 |
The Americas | 20,446 |  |  | 24,618 |
EMEA | 21,243 |  |  | 20,780 |
Asia-Pacific | 34,283 |  |  | 37,459 |
Total long-lived assets | $ | 195,086 |  |  | $ | 207,892 |

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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: 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 + Details
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