Business Segment Information

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Business Segment Information

NOTE J – BUSINESS SEGMENT INFORMATION

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated by the chief operating decision maker, or decision making group, in deciding how to allocate resources to an individual segment and in assessing performance.

The following tables present a summary of the Company’s reportable operating segments for the three months ended March 31, 2022 and 2021. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory.

	Three Months Ended March 31
	2022			2021
Net sales
PLP-USA	$	75,924		$	56,231
The Americas		18,963			17,521
EMEA		27,472			23,481
Asia-Pacific		15,864			20,320
Total net sales	$	138,223		$	117,553
Intersegment sales
PLP-USA	$	4,120		$	2,385
The Americas		2,714			2,066
EMEA		686			511
Asia-Pacific		6,684			3,652
Total intersegment sales	$	14,204		$	8,614
Gross profit
PLP-USA	$	26,264		$	21,077
The Americas		5,365			5,544
EMEA		6,374			8,134
Asia-Pacific		3,948			5,437
Gross profit	$	41,951		$	40,192
Net income attributable to Preformed Line Products Company shareholders
PLP-USA	$	13,239		$	5,576
The Americas		(71	)		1,192
EMEA		282			1,195
Asia-Pacific		(1,165	)		(784	)
Total net income attributable to Preformed Line Products Company shareholders	$	12,285		$	7,179