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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash, cash equivalents and restricted cash $ 69,452 $ 83,389
Accounts receivable, net 130,840 113,175
Inventories, net 151,810 148,730
Prepaid expenses 12,998 12,961
Other current assets 6,287 5,206
TOTAL CURRENT ASSETS 371,387 363,461
Property, plant and equipment, net 225,279 222,781
Operating lease, right-of-use assets 9,160 9,708
Goodwill 30,351 30,684
Other intangible assets, net 9,837 10,140
Deferred income taxes 6,794 7,481
Other assets 9,021 9,366
TOTAL ASSETS 661,829 653,621
LIABILITIES AND SHAREHOLDERS' EQUITY    
Trade accounts payable 56,766 49,520
Notes payable to banks 1,318 1,213
Operating lease liabilities, current 1,546 1,722
Current portion of long-term debt 5,891 5,392
Accrued compensation and other benefits 24,084 29,207
Accrued expenses and other liabilities 29,644 22,407
Dividends payable 1,175 1,277
Income taxes payable 3,167 3,972
TOTAL CURRENT LIABILITIES 123,591 114,710
Long-term debt, less current portion 34,737 32,860
Operating lease liabilities, noncurrent 5,513 5,957
Deferred income taxes 5,463 5,707
Other noncurrent liabilities 18,943 18,836
SHAREHOLDERS' EQUITY    
Common shares $2 par value per share, 15,000,000 shares authorized, 4,888,012 and 4,907,787 issued and outstanding, at March 31, 2026 and December 31, 2025 13,890 13,860
Common shares issued to rabbi trust, 222,506 and 222,506 shares at March 31, 2026 and December 31, 2025, respectively (9,586) (9,586)
Deferred compensation liability 9,586 9,586
Paid-in capital 66,047 67,217
Retained earnings 593,869 584,360
Treasury shares, at cost, 2,056,379 and 2,021,940 shares at March 31, 2026 and December 31, 2025, respectively (145,492) (136,554)
Accumulated other comprehensive loss (54,790) (53,365)
TOTAL PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS' EQUITY 473,524 475,518
Noncontrolling interest 58 33
TOTAL SHAREHOLDERS' EQUITY 473,582 475,551
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 661,829 $ 653,621