$PKOH
PARK OHIO HOLDINGS CORP Stock $pkoh

$pkoh Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000007628223000080 Filed on August 03, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$418.8M	$428.1M
YoY Change	-3.9%	-0.12%
Cost Of Revenue	$348.8M	$358.0M
YoY Change	-9.5%	-5.49%
Gross Profit	$70.00M	$70.10M
YoY Change	38.89%	40.76%
Gross Profit Margin	16.71%	16.37%
Selling, General & Admin	$43.00M	$46.80M
YoY Change	-0.92%	4.0%
% of Gross Profit	61.43%	66.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.900M	$7.800M
YoY Change	-15.05%	-15.22%
% of Gross Profit	11.29%	11.13%
Operating Expenses	$43.00M	$46.80M
YoY Change	-0.92%	4.0%
Operating Profit	$27.00M	$23.30M
YoY Change	285.71%	202.6%
Interest Expense	$11.60M	-$11.10M
YoY Change	20.83%	-233.73%
% of Operating Profit	42.96%	-47.64%
Other Income/Expense, Net	$600.0K	$600.0K
YoY Change	-77.78%	-78.57%
Pretax Income	$16.00M	$8.700M
YoY Change	15900.0%	295.45%
Income Tax	$3.800M	$2.100M
% Of Pretax Income	23.75%	24.14%
Net Earnings	$11.10M	$5.400M
YoY Change	311.11%	440.0%
Net Earnings / Revenue	2.65%	1.26%
Basic Earnings Per Share	$0.90	$0.44
Diluted Earnings Per Share	$0.88	$0.43
COMMON SHARES
Basic Shares Outstanding	13.07M shares	12.81M shares
Diluted Shares Outstanding	12.60M shares	12.40M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$51.20M	$53.40M
YoY Change	-4.66%	-12.6%
Cash & Equivalents	$51.20M	$53.40M
Short-Term Investments
Other Short-Term Assets	$141.3M	$235.8M
YoY Change	75.75%	188.62%
Inventory	$404.2M	$405.9M
Prepaid Expenses
Receivables	$265.8M	$256.9M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$965.0M	$952.0M
YoY Change	13.17%	11.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$229.3M	$232.6M
YoY Change	-20.68%	-18.24%
Goodwill	$108.8M	$109.8M
YoY Change	2.26%	7.23%
Intangibles	$73.80M	$76.30M
YoY Change	-3.02%	1.06%
Long-Term Investments
YoY Change
Other Assets	$79.60M	$81.10M
YoY Change	-25.61%	-22.91%
Total Long-Term Assets	$491.5M	$499.8M
YoY Change	-15.05%	-11.95%
TOTAL ASSETS
Total Short-Term Assets	$965.0M	$952.0M
Total Long-Term Assets	$491.5M	$499.8M
Total Assets	$1.457B	$1.452B
YoY Change	1.76%	2.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$202.1M	$207.3M
YoY Change	-10.26%	-8.27%
Accrued Expenses	$191.8M	$170.6M
YoY Change	60.77%	53.69%
Deferred Revenue	$67.90M	$53.30M
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$12.20M	$12.50M
YoY Change	15.09%	21.36%
Total Short-Term Liabilities	$451.4M	$432.7M
YoY Change	22.43%	20.36%
LONG-TERM LIABILITIES
Long-Term Debt	$659.1M	$673.1M
YoY Change	-2.27%	2.67%
Other Long-Term Liabilities	$22.40M	$60.40M
YoY Change	-43.86%	44.5%
Total Long-Term Liabilities	$717.8M	$733.5M
YoY Change	-5.92%	-1.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$451.4M	$432.7M
Total Long-Term Liabilities	$717.8M	$733.5M
Total Liabilities	$1.169B	$1.177B
YoY Change	3.31%	6.58%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$276.6M	$274.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.457B	$1.452B
YoY Change	1.76%	2.36%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$11.10M	$5.400M
YoY Change	311.11%	440.0%
Depreciation, Depletion And Amortization	$7.900M	$7.800M
YoY Change	-15.05%	-15.22%
Cash From Operating Activities	$22.20M	$4.900M
YoY Change	226.47%	-117.44%
INVESTING ACTIVITIES
Capital Expenditures	$7.400M	$7.400M
YoY Change	-190.24%	-188.1%
Acquisitions
YoY Change
Other Investing Activities	$100.0K	-$700.0K
YoY Change	-100.46%	-117.5%
Cash From Investing Activities	-$7.300M	-$8.100M
YoY Change	-75.75%	84.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-16.30M	7.100M
YoY Change	-191.06%	-79.94%
NET CHANGE
Cash From Operating Activities	22.20M	4.900M
Cash From Investing Activities	-7.300M	-8.100M
Cash From Financing Activities	-16.30M	7.100M
Net Change In Cash	-1.400M	3.900M
YoY Change	-74.07%	34.48%
FREE CASH FLOW
Cash From Operating Activities	$22.20M	$4.900M
Capital Expenditures	$7.400M	$7.400M
Free Cash Flow	$14.80M	-$2.500M
YoY Change	-1.33%	-87.31%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3200000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-15100000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	324800000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1600000	usd
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	1600000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	100000	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1000000.0	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	313800000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.125
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.250
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.250
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	14200000	usd
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	10800000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15500000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15100000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3300000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3400000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	800000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	2900000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	8800000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	30900000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-3000000.0	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	32800000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	14100000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3600000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	8000000.0	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-3700000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	2100000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	900000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-35000000.0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13400000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12700000	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1400000	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	4000000.0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1000000.0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-13000000.0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-8700000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	14200000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	67900000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	800000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	1300000	usd
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	4200000	usd
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	1300000	usd
	pkoh	Proceeds From Payments On Finance Lease Facilities Net ProceedsFromPaymentsOnFinanceLeaseFacilitiesNet	900000	usd
	pkoh	Proceeds From Payments On Finance Lease Facilities Net ProceedsFromPaymentsOnFinanceLeaseFacilitiesNet	-1300000	usd
	pkoh	Payments Related To Prior Acquisitions PaymentsRelatedToPriorAcquisitions	2000000.0	usd
	pkoh	Payments Related To Prior Acquisitions PaymentsRelatedToPriorAcquisitions	0	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	3200000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	3200000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1200000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1100000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	12100000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	62300000	usd
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-2200000	usd
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-3300000	usd
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	-1700000	usd
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	-2700000	usd
	us-gaap	Cash Provided By Used In Financing Activities Discontinued Operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations	-1200000	usd
	us-gaap	Cash Provided By Used In Financing Activities Discontinued Operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations	-1700000	usd
	us-gaap	Net Cash Provided By Used In Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations	-5100000	usd
	us-gaap	Net Cash Provided By Used In Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations	-7700000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	300000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3900000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4800000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7000000.0	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	54100000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	53400000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	61100000	usd
	us-gaap	Interest Paid Net InterestPaidNet	22600000	usd
	us-gaap	Interest Paid Net InterestPaidNet	15400000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	4400000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2700000	usd
	us-gaap	Use Of Estimates UseOfEstimates	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	851600000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	727500000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	428100000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	369800000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	851600000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	727500000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	66800000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	56700000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	428100000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	369800000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	851600000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	727500000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	800000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	2900000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	39400000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	19200000	usd
	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-1300000	usd
	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-5600000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	11100000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	7600000	usd
	us-gaap	Interest Expense InterestExpense	21800000	usd
	us-gaap	Interest Expense InterestExpense	14700000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	18900000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	10100000	usd
CY2023Q2	us-gaap	Restructuring Charges RestructuringCharges	2800000	usd
CY2022Q2	us-gaap	Restructuring Charges RestructuringCharges	2300000	usd
	us-gaap	Restructuring Charges RestructuringCharges	5100000	usd
	us-gaap	Restructuring Charges RestructuringCharges	4300000	usd
CY2023Q2	us-gaap	Restructuring And Related Cost Expected Cost Remaining1 RestructuringAndRelatedCostExpectedCostRemaining1	1000000	usd
CY2023Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	101800000	usd
CY2022Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	105000000.0	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	50500000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	42900000	usd
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	253600000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	258600000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	405900000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	406500000	usd
CY2023Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5400000	usd
CY2022Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	6700000	usd
CY2022Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5200000	usd
CY2021Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7200000	usd
CY2023Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	400000	usd
CY2022Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	200000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1300000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	900000	usd
CY2023Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	1300000	usd
CY2022Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	900000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2300000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	1200000	usd
CY2023Q2	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	500000	usd
CY2022Q2	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	400000	usd
	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	400000	usd
	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	500000	usd
CY2023Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5800000	usd
CY2022Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7000000.0	usd
CY2023Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5800000	usd
CY2022Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7000000.0	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2100000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8700000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4700000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	18900000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-700000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	10100000	usd
	us-gaap	Income Tax Reconciliation Tax Credits Research IncomeTaxReconciliationTaxCreditsResearch	3200000	usd
CY2023Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	19400000	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	18500000	usd
CY2023Q2	us-gaap	Other Long Term Debt OtherLongTermDebt	18900000	usd
CY2022Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	15300000	usd
CY2023Q2	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	688300000	usd
CY2022Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	669100000	usd
CY2023Q2	us-gaap	Debt Current DebtCurrent	12500000	usd
CY2022Q4	us-gaap	Debt Current DebtCurrent	10900000	usd
CY2023Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	2700000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	3100000	usd
CY2023Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	673100000	usd
CY2022Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	655100000	usd
CY2022Q4	pkoh	Proceeds From Financing Arrangement Related To Disposal Group Cash ProceedsFromFinancingArrangementRelatedToDisposalGroupCash	20000000	usd
CY2022Q4	pkoh	Promissory Note Related To Financing Arrangement PromissoryNoteRelatedToFinancingArrangement	25000000	usd
CY2022Q4	pkoh	Financing Arrangement Liability Related To Disposal Group FinancingArrangementLiabilityRelatedToDisposalGroup	45000000	usd
CY2022Q4	pkoh	Proceeds From Financing Arrangement Related To Disposal Group Cash ProceedsFromFinancingArrangementRelatedToDisposalGroupCash	20000000	usd
CY2022Q4	pkoh	Proceeds From Financing Arrangement Related To Disposal Group Cash ProceedsFromFinancingArrangementRelatedToDisposalGroupCash	20000000	usd
CY2023Q2	pkoh	Bank Guarantees And Letters Of Credit Amount BankGuaranteesAndLettersOfCreditAmount	46500000	usd
CY2022Q4	pkoh	Bank Guarantees And Letters Of Credit Amount BankGuaranteesAndLettersOfCreditAmount	41000000	usd
CY2017	pkoh	Percentage Of Ownership Over Guarantor Subsidiaries PercentageOfOwnershipOverGuarantorSubsidiaries	1
CY2015Q4	pkoh	Finance Lease Agreement Amount FinanceLeaseAgreementAmount	50000000	usd
CY2023Q2	pkoh	Finance Lease Obligation To Acquire Machinery And Equipment FinanceLeaseObligationToAcquireMachineryAndEquipment	4000000	usd
CY2023Q2	pkoh	Finance Lease Agreement Other FinanceLeaseAgreementOther	15400000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1700000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1800000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3300000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3400000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	9900000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y1M6D
CY2023Q2	us-gaap	Loss Contingency Pending Claims Number LossContingencyPendingClaimsNumber	112	claim
	us-gaap	Loss Contingency Number Of Plaintiffs LossContingencyNumberOfPlaintiffs	162	plaintiff
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2200000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2200000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-14600000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-14600000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-200000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-200000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-200000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-200000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-900000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-900000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	0	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	5500000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	5500000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-18500000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-18500000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-400000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-400000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	500000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	500000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2900000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2900000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-100000	usd
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-100000	usd
	pkoh	Tax On Currency Translation As Foreign Earnings Permanently Reinvested TaxOnCurrencyTranslationAsForeignEarningsPermanentlyReinvested	0	usd
CY2023Q2	pkoh	Tax On Currency Translation As Foreign Earnings Permanently Reinvested TaxOnCurrencyTranslationAsForeignEarningsPermanentlyReinvested	0	usd
CY2022Q2	pkoh	Tax On Currency Translation As Foreign Earnings Permanently Reinvested TaxOnCurrencyTranslationAsForeignEarningsPermanentlyReinvested	0	usd
	pkoh	Tax On Currency Translation As Foreign Earnings Permanently Reinvested TaxOnCurrencyTranslationAsForeignEarningsPermanentlyReinvested	0	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12200000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12100000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12200000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12100000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	200000	shares
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	200000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12400000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12200000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12200000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	200000	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	200000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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0000076282-23-000080-index.html	Edgar Link	pending
0000076282-23-000080.txt	Edgar Link	pending
0000076282-23-000080-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pkoh-20230630.htm	Edgar Link	pending
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pkoh20230630-ex312.htm	Edgar Link	pending
pkoh20230630-ex32.htm	Edgar Link	pending
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pkoh-20230630_pre.xml	Edgar Link	unprocessable
pkoh-20230630_htm.xml	Edgar Link	completed
R51.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
pkoh-20230630_cal.xml	Edgar Link	unprocessable
pkoh-20230630_lab.xml	Edgar Link	unprocessable

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$PKOH
PARK OHIO HOLDINGS CORP Stock $pkoh

2023 Q3 Form 10-Q Financial Statement

#000007628223000080 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PKOH PARK OHIO HOLDINGS CORP Stock $pkoh

2023 Q3 Form 10-Q Financial Statement

#000007628223000080 Filed on August 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PKOH
PARK OHIO HOLDINGS CORP Stock $pkoh