XML 30 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 23,617 $ 22,655
Accounts receivable, less allowances of $1,639 ($1,213 in 2010) 74,970 56,102
Inventories - net 82,280 73,121
Deferred income taxes 5,341 4,784
Prepaid 10,155 6,923
Prepaid taxes 2,679 2,146
Other current assets 1,769 1,611
TOTAL CURRENT ASSETS 200,811 167,342
Property and equipment - net 80,571 76,266
Patents and other intangibles - net 12,545 12,735
Goodwill 12,880 12,346
Deferred income taxes 3,792 3,615
Other assets 10,697 8,675
TOTAL ASSETS 321,296 280,979
LIABILITIES AND SHAREHOLDERS' EQUITY    
Notes payable to banks 6,465 1,246
Current portion of long-term debt 722 1,276
Trade accounts payable 27,623 27,001
Accrued compensation and amounts withheld from employees 14,482 9,848
Accrued expenses and other liabilities 13,673 9,088
Accrued profit-sharing and other benefits 3,386 4,464
Dividends payable 1,098 1,087
Income taxes payable and deferred income taxes 5,099 2,548
TOTAL CURRENT LIABILITIES 72,548 56,558
Long-term debt, less current portion 14,189 9,374
Unfunded pension obligation 9,774 9,473
Income taxes payable, noncurrent 1,836 1,768
Deferred income taxes 3,666 3,606
Other noncurrent liabilities 4,889 4,735
PLPC Shareholders' equity:    
Common stock - $2 par value per share, 15,000,000 shares authorized, 5,258,210 and 5,270,977 issued and outstanding, net of 623,138 and 586,746 treasury shares at par, respectively 10,516 10,542
Common shares issued to rabbi trust (1,260) (1,200)
Paid in capital 11,307 8,748
Retained earnings 194,075 184,060
Accumulated other comprehensive loss (244) (6,010)
TOTAL PLPC SHAREHOLDERS' EQUITY 214,394 196,140
Noncontrolling interest 0 (675)
TOTAL SHAREHOLDERS' EQUITY 214,394 195,465
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 321,296 $ 280,979