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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash, cash equivalents and restricted cash $ 76,212 $ 83,389
Accounts receivable, net 151,180 113,175
Inventories, net 147,815 148,730
Prepaid expenses 13,579 12,961
Other current assets 7,730 5,206
TOTAL CURRENT ASSETS 396,516 363,461
Property, plant and equipment, net 227,558 222,781
Operating lease, right-of-use assets 10,757 9,708
Goodwill 36,419 30,684
Other intangible assets, net 9,458 10,140
Deferred income taxes 7,205 7,481
Other assets 9,576 9,366
TOTAL ASSETS 697,489 653,621
LIABILITIES AND SHAREHOLDERS' EQUITY    
Trade accounts payable 55,916 49,520
Notes payable to banks 1,793 1,213
Operating lease liabilities, current 1,878 1,722
Current portion of long-term debt 5,065 5,392
Accrued compensation and other benefits 28,619 29,207
Accrued expenses and other liabilities 36,915 22,407
Dividends payable 1,200 1,277
Income taxes payable 1,148 3,972
TOTAL CURRENT LIABILITIES 132,534 114,710
Long-term debt, less current portion 35,919 32,860
Operating lease liabilities, noncurrent 6,814 5,957
Deferred income taxes 5,626 5,707
Other noncurrent liabilities 21,995 18,836
SHAREHOLDERS' EQUITY    
Common shares $2 par value per share, 15,000,000 shares authorized, 4,880,701 and 4,907,787 issued and outstanding, at June 30, 2026 and December 31, 2025 13,893 13,860
Common shares issued to rabbi trust, 222,506 and 222,506 shares at June 30, 2026 and December 31, 2025, respectively (9,586) (9,586)
Deferred compensation liability 9,586 9,586
Paid-in capital 68,604 67,217
Retained earnings 614,326 584,360
Treasury shares, at cost, 2,065,490 and 2,021,940 shares at June 30, 2026 and December 31, 2025, respectively (148,777) (136,554)
Accumulated other comprehensive loss (53,503) (53,365)
TOTAL PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS' EQUITY 494,543 475,518
Noncontrolling interest 58 33
TOTAL SHAREHOLDERS' EQUITY 494,601 475,551
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 697,489 $ 653,621