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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash, cash equivalents and restricted cash $ 83,389 $ 57,244
Accounts receivable, net 113,175 111,402
Inventories, net 148,730 129,913
Prepaid expenses 12,961 11,720
Other current assets 5,206 5,514
TOTAL CURRENT ASSETS 363,461 315,793
Property, plant and equipment, net 222,781 195,086
Operating lease, right-of-use assets 9,708 10,117
Goodwill 30,684 26,685
Other intangible assets, net 10,140 9,656
Deferred income taxes 7,481 6,546
Other assets 9,366 9,994
TOTAL ASSETS 653,621 573,877
LIABILITIES AND SHAREHOLDERS' EQUITY    
Trade accounts payable 49,520 41,951
Notes payable to banks 1,213 7,782
Operating lease liabilities, current 1,722 1,588
Current portion of long-term debt 5,392 2,430
Accrued compensation and other benefits 29,207 25,904
Accrued expenses and other liabilities 22,407 25,503
Dividends payable 1,277 1,293
Income taxes payable 3,972 1,962
TOTAL CURRENT LIABILITIES 114,710 108,413
Long-term debt, less current portion 32,860 18,357
Operating lease liabilities, noncurrent 5,957 6,538
Deferred income taxes 5,707 3,766
Other noncurrent liabilities 18,836 14,479
SHAREHOLDERS' EQUITY    
Common shares $2 par value per share, 15,000,000 shares authorized, 4,907,787 and 4,913,621 issued and outstanding, at December 31, 2025 and December 31, 2024, respectively 13,860 13,752
Common shares issued to rabbi trust, 222,506 and 222,887 shares at December 31, 2025 and December 31, 2024, respectively (9,586) (9,575)
Deferred compensation liability 9,586 9,575
Paid-in capital 67,217 65,093
Retained earnings 584,360 553,179
Treasury shares, at cost, 2,021,940 and 1,961,772 shares at December 31, 2025 and December 31, 2024, respectively (136,554) (126,800)
Accumulated other comprehensive loss (53,365) (82,909)
TOTAL PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS' EQUITY 475,518 422,315
Noncontrolling interest 33 9
TOTAL SHAREHOLDERS' EQUITY 475,551 422,324
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 653,621 $ 573,877