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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash, cash equivalents and restricted cash $ 72,946 $ 57,244
Accounts receivable, net 120,794 111,402
Inventories, net 146,089 129,913
Prepaid expenses 14,117 11,720
Other current assets 6,330 5,514
TOTAL CURRENT ASSETS 360,276 315,793
Property, plant and equipment, net 217,781 195,086
Operating lease, right-of-use assets 9,932 10,117
Goodwill 30,480 26,685
Other intangible assets, net 9,672 9,656
Deferred income taxes 7,310 6,546
Other assets 9,172 9,994
TOTAL ASSETS 644,623 573,877
LIABILITIES AND SHAREHOLDERS' EQUITY    
Trade accounts payable 48,858 41,951
Notes payable to banks 2,847 7,782
Operating lease liabilities, current 1,804 1,588
Current portion of long-term debt 4,660 2,430
Accrued compensation and other benefits 30,728 25,904
Accrued expenses and other liabilities 24,452 25,503
Dividends payable 1,198 1,293
Income taxes payable 1,896 1,962
TOTAL CURRENT LIABILITIES 116,443 108,413
Long-term debt, less current portion 31,346 18,357
Operating lease liabilities, noncurrent 6,180 6,538
Deferred income taxes 5,655 3,766
Other noncurrent liabilities 18,661 14,479
SHAREHOLDERS' EQUITY    
Common shares $2 par value per share, 15,000,000 shares authorized, 4,901,871 and 4,913,621 issued and outstanding, at September 30, 2025 and December 31, 2024 13,831 13,752
Common shares issued to rabbi trust, 222,506 and 222,887 shares at September 30, 2025 and December 31, 2024, respectively (9,586) (9,575)
Deferred compensation liability 9,586 9,575
Paid-in capital 65,641 65,093
Retained earnings 576,985 553,179
Treasury shares, at cost, 2,013,240 and 1,961,772 shares at September 30, 2025 and December 31, 2024, respectively (134,676) (126,800)
Accumulated other comprehensive loss (55,476) (82,909)
TOTAL PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS' EQUITY 466,305 422,315
Noncontrolling interest 33 9
TOTAL SHAREHOLDERS' EQUITY 466,338 422,324
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 644,623 $ 573,877