XML 76 R37.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Summary of Company's Reportable Segments

The following tables present a summary of the Company’s reportable segments for the three months ended March 31, 2021 and 2020. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory.

 

 

 

Three Months Ended March 31

 

 

 

2021

 

 

2020

 

Net sales

 

 

 

 

 

 

 

 

PLP-USA

 

$

56,231

 

 

$

46,601

 

The Americas

 

 

17,521

 

 

 

17,241

 

EMEA

 

 

23,481

 

 

 

20,360

 

Asia-Pacific

 

 

20,320

 

 

 

18,650

 

Total net sales

 

$

117,553

 

 

$

102,852

 

Intersegment sales

 

 

 

 

 

 

 

 

PLP-USA

 

$

2,385

 

 

$

2,860

 

The Americas

 

 

2,066

 

 

 

1,863

 

EMEA

 

 

511

 

 

 

450

 

Asia-Pacific

 

 

3,652

 

 

 

2,087

 

Total intersegment sales

 

$

8,614

 

 

$

7,260

 

Income taxes

 

 

 

 

 

 

 

 

PLP-USA

 

$

2,376

 

 

$

845

 

The Americas

 

 

610

 

 

 

634

 

EMEA

 

 

445

 

 

 

86

 

Asia-Pacific

 

 

(54

)

 

 

(114

)

Total income taxes

 

$

3,377

 

 

$

1,451

 

Net income attributable to

   Preformed Line Products

   Company shareholders

 

 

 

 

 

 

 

 

PLP-USA

 

$

5,576

 

 

$

3,550

 

The Americas

 

 

1,192

 

 

 

995

 

EMEA

 

 

1,195

 

 

 

337

 

Asia-Pacific

 

 

(784

)

 

 

(1,184

)

Total net income attributable to

   Preformed Line Products

   Company shareholders

 

$

7,179

 

 

$

3,698

 

 

 

 

March 31, 2021

 

 

December 31, 2020

 

Assets

 

 

 

 

 

 

 

 

PLP-USA

 

$

149,715

 

 

$

137,689

 

The Americas

 

 

69,670

 

 

 

75,438

 

EMEA

 

 

103,050

 

 

 

106,922

 

Asia-Pacific

 

 

134,568

 

 

 

141,038

 

Total identifiable assets

 

$

457,003

 

 

$

461,087