Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 34,117	$ 38,929
Accounts receivable, less allowances of $3,326 ($3,849 in 2019)	83,441	83,517
Inventories - net	92,513	95,718
Prepaids	6,255	6,921
Prepaid taxes	3,498	2,601
Other current assets	2,659	4,289
TOTAL CURRENT ASSETS	222,483	231,975
Property, plant and equipment - net	119,356	124,018
Operating lease, right-of-use assets	13,062	12,453
Intangibles - net	13,480	15,116
Goodwill	25,814	27,840
Deferred income taxes	6,094	7,564
Other assets	12,968	14,605
TOTAL ASSETS	413,257	433,571
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade accounts payable	28,534	28,282
Notes payable to banks	10,512	8,696
Operating lease liabilities, current	1,991	2,062
Current portion of long-term debt	3,309	3,354
Accrued compensation and amounts withheld from employees	11,220	11,817
Accrued expenses and other liabilities	13,993	16,718
Accrued profit-sharing and other benefits	2,447	7,213
Dividends payable	1,205	1,173
Income taxes payable	1,240	1,758
TOTAL CURRENT LIABILITIES	74,451	81,073
Long-term debt, less current portion	58,724	53,722
Unfunded pension obligation	5,279	5,278
Operating lease liabilities, non-current	8,675	8,246
Deferred income taxes	2,829	3,116
Other noncurrent liabilities	11,799	13,568
Shareholders’ equity:
Common shares - $2 par value per share, 15,000,000 shares authorized, 4,995,114 and 4,992,979 issued and outstanding, at March 31, 2020 and December 31, 2019, respectively	13,003	12,848
Common shares issued to rabbi trust, 264,283 and 267,641 shares at March 31, 2020 and December 31, 2019, respectively	(10,880)	(10,981)
Deferred compensation liability	10,880	10,981
Paid-in capital	39,747	38,854
Retained earnings	355,984	353,292
Treasury shares, at cost, 1,506,481 and 1,431,235 shares at March 31, 2020 and December 31, 2019, respectively	(83,086)	(79,106)
Accumulated other comprehensive loss	(74,136)	(57,353)
TOTAL PREFORMED LINE PRODUCTS, COMPANY SHAREHOLDERS’ EQUITY	251,512	268,535
Noncontrolling interest	(12)	33
TOTAL SHAREHOLDERS’ EQUITY	251,500	268,568
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 413,257	$ 433,571