2015 Q4 Form 10-K Financial Statement

#000119312516501390 Filed on March 11, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 2014 Q4
Revenue $91.96M $354.7M $96.18M
YoY Change -4.39% -8.63% -2.4%
Cost Of Revenue $65.90M $251.2M $66.30M
YoY Change -0.6% -6.0% -2.79%
Gross Profit $26.09M $103.5M $29.85M
YoY Change -12.59% -14.47% -1.79%
Gross Profit Margin 28.37% 29.17% 31.03%
Selling, General & Admin $17.00M $67.47M $19.10M
YoY Change -10.99% -13.74% 0.53%
% of Gross Profit 65.16% 65.22% 63.99%
Research & Development $3.600M $2.900M $3.900M
YoY Change -7.69% 7.41% 5.41%
% of Gross Profit 13.8% 2.8% 13.07%
Depreciation & Amortization $2.440M $11.53M $3.280M
YoY Change -25.61% -10.31% 5.81%
% of Gross Profit 9.35% 11.15% 10.99%
Operating Expenses $20.90M $70.37M $25.60M
YoY Change -18.36% -13.03% 7.11%
Operating Profit $5.189M $12.35M $4.248M
YoY Change 22.15% -41.85% -34.58%
Interest Expense -$100.0K $565.0K $0.00
YoY Change -14.13%
% of Operating Profit -1.93% 4.58% 0.0%
Other Income/Expense, Net $100.0K -$643.0K $100.0K
YoY Change 0.0% -473.84% 0.0%
Pretax Income $5.158M $11.71M $4.373M
YoY Change 17.95% -45.32% -22.64%
Income Tax $2.100M $5.031M $1.900M
% Of Pretax Income 40.71% 42.98% 43.45%
Net Earnings $3.045M $6.675M $2.488M
YoY Change 22.39% -48.1% -20.56%
Net Earnings / Revenue 3.31% 1.88% 2.59%
Basic Earnings Per Share $0.58 $1.25 $0.46
Diluted Earnings Per Share $0.58 $1.24 $0.46
COMMON SHARES
Basic Shares Outstanding 5.272M shares 5.350M 5.354M shares
Diluted Shares Outstanding 5.366M

Balance Sheet

Concept 2015 Q4 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.40M $30.40M $29.60M
YoY Change 2.7% 2.7% 21.81%
Cash & Equivalents $30.39M $30.40M $29.64M
Short-Term Investments
Other Short-Term Assets $6.343M $10.30M $6.625M
YoY Change -4.26% -50.48% 110.05%
Inventory $69.91M $69.90M $80.04M
Prepaid Expenses $4.030M $6.926M
Receivables $63.63M $63.60M $67.94M
Other Receivables $5.600M $5.600M $2.300M
Total Short-Term Assets $179.9M $179.9M $200.7M
YoY Change -10.35% -10.36% 8.04%
LONG-TERM ASSETS
Property, Plant & Equipment $91.97M $92.00M $102.5M
YoY Change -10.31% -10.24% 2.06%
Goodwill $15.82M $17.79M
YoY Change -11.08% 28.25%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.70M $24.40M $13.09M
YoY Change -10.58% 29.1% -23.62%
Total Long-Term Assets $143.5M $143.5M $153.3M
YoY Change -6.41% -6.39% 4.52%
TOTAL ASSETS
Total Short-Term Assets $179.9M $179.9M $200.7M
Total Long-Term Assets $143.5M $143.5M $153.3M
Total Assets $323.4M $323.4M $354.0M
YoY Change -8.64% -8.64% 6.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.40M $20.40M $22.30M
YoY Change -8.52% -8.52% 2.29%
Accrued Expenses $28.30M $28.30M $13.02M
YoY Change 117.34% 1.07% 17.12%
Deferred Revenue
YoY Change
Short-Term Debt $523.0K $400.0K $1.925M
YoY Change -72.83% -77.78% 48.08%
Long-Term Debt Due $110.0K $100.0K $116.0K
YoY Change -5.17% 0.0% -40.51%
Total Short-Term Liabilities $51.67M $51.70M $55.33M
YoY Change -6.61% -6.51% 5.96%
LONG-TERM LIABILITIES
Long-Term Debt $31.75M $31.80M $31.75M
YoY Change 0.02% 0.32% 143.21%
Other Long-Term Liabilities $6.870M $18.50M $6.445M
YoY Change 6.59% -10.63% 40.02%
Total Long-Term Liabilities $38.62M $50.30M $38.19M
YoY Change 1.13% -4.01% 116.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $51.67M $51.70M $55.33M
Total Long-Term Liabilities $38.62M $50.30M $38.19M
Total Liabilities $90.29M $104.4M $93.52M
YoY Change -3.45% -5.95% 33.85%
SHAREHOLDERS EQUITY
Retained Earnings $292.3M $289.8M
YoY Change 0.85% 21.7%
Common Stock $35.39M $35.23M
YoY Change 0.47% 10.56%
Preferred Stock
YoY Change
Treasury Stock (at cost) $54.57M $47.02M
YoY Change 16.06%
Treasury Stock Shares $1.018M 819.4K shares
Shareholders Equity $219.0M $219.0M $242.9M
YoY Change
Total Liabilities & Shareholders Equity $323.4M $323.4M $354.0M
YoY Change -8.64% -8.64% 6.49%

Cashflow Statement

Concept 2015 Q4 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $3.045M $6.675M $2.488M
YoY Change 22.39% -48.1% -20.56%
Depreciation, Depletion And Amortization $2.440M $11.53M $3.280M
YoY Change -25.61% -10.31% 5.81%
Cash From Operating Activities $12.36M $20.23M $4.180M
YoY Change 195.69% -19.91% -40.29%
INVESTING ACTIVITIES
Capital Expenditures -$4.040M $10.75M -$3.170M
YoY Change 27.44% -39.12% -38.68%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $1.390M -$110.0K $40.00K
YoY Change 3375.0% -99.3% -101.12%
Cash From Investing Activities -$2.650M -$10.86M -$3.140M
YoY Change -15.61% -67.38% -64.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.923M
YoY Change -9653.23%
Debt Paid & Issued, Net $51.94M
YoY Change -9.07%
Cash From Financing Activities -5.810M -12.66M -770.0K
YoY Change 654.55% -195.84% -86.1%
NET CHANGE
Cash From Operating Activities 12.36M 20.23M 4.180M
Cash From Investing Activities -2.650M -10.86M -3.140M
Cash From Financing Activities -5.810M -12.66M -770.0K
Net Change In Cash 3.900M -3.290M 270.0K
YoY Change 1344.44% -163.51% -103.71%
FREE CASH FLOW
Cash From Operating Activities $12.36M $20.23M $4.180M
Capital Expenditures -$4.040M $10.75M -$3.170M
Free Cash Flow $16.40M $9.476M $7.350M
YoY Change 123.13% 24.73% -39.61%

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-16000
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2235000
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5352000
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-1110000
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1925000
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CY2014 us-gaap Interest Expense
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658000
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-33293000
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-990000
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
99710000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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13209000
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2700000
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-221000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1697000
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166000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
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142000
CY2014 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
439000
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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6100000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
447000
CY2014 us-gaap Defined Benefit Plan Benefits Paid
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803000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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6716000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-882000
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75774000
CY2014 us-gaap Inventory Write Down
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2244000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
42563000
CY2014 us-gaap Defined Benefit Plan Service Cost
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118000
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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180000
CY2014 us-gaap Advertising Expense
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2000000
CY2014 us-gaap Current Federal Tax Expense Benefit
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4718000
CY2014 us-gaap Current Income Tax Expense Benefit
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10246000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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7494000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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-10000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000
CY2014 us-gaap Cost Of Goods Sold
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267237000
CY2014 us-gaap Dividends Common Stock Cash
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4298000
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
941000
CY2014 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-296000
CY2014 us-gaap Depreciation
Depreciation
11300000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12857000
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0
CY2014 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
1555000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1211000
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4909000
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
290000
CY2014 plpc Research And Engineering Expense
ResearchAndEngineeringExpense
16302000
CY2014 plpc Income Tax Reconciliation Repatriation Of Earnings And Related Tax Credits Foreign
IncomeTaxReconciliationRepatriationOfEarningsAndRelatedTaxCreditsForeign
700000
CY2014 plpc Related Party Transaction Rent Expense
RelatedPartyTransactionRentExpense
200000
CY2014 plpc Stock Issued During Period Shares Shares Held In Employee Trust
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43592 shares
CY2014 plpc Unrecognized Tax Benefits Interest On Income Taxes Expense Maximum
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpenseMaximum
100000
CY2014 plpc Related Party Transaction Lease Expenses
RelatedPartyTransactionLeaseExpenses
300000
CY2014 plpc Income Tax Reconciliation Us Federal Permanent Items
IncomeTaxReconciliationUsFederalPermanentItems
208000
CY2014 plpc Repurchase Of Common Stock From Related Party
RepurchaseOfCommonStockFromRelatedParty
2130000
CY2014 plpc Supplemental Profit Sharing Plan Interest Rate
SupplementalProfitSharingPlanInterestRate
0.0112 pure
CY2014 plpc Increase Decrease In Net Deferred Tax Assets
IncreaseDecreaseInNetDeferredTaxAssets
2921000
CY2014 plpc Payments For Earn Out Consideration
PaymentsForEarnOutConsideration
0
CY2014 plpc Retirement And Profit Sharing Plan Expenses
RetirementAndProfitSharingPlanExpenses
500000
CY2014 plpc Stock Issued During Period Value Shares Held In Employee Trust
StockIssuedDuringPeriodValueSharesHeldInEmployeeTrust
0
CY2014 plpc Excess Tax Effect From Share Based Compensation Financing Activities Net
ExcessTaxEffectFromShareBasedCompensationFinancingActivitiesNet
97000
CY2014 plpc Excess Tax Effect From Share Based Compensation Operating Activities
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97000
CY2014 plpc Income Tax Reconciliation Unrecognized Tax Expense Benefits Net
IncomeTaxReconciliationUnrecognizedTaxExpenseBenefitsNet
186000
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
20229000
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
198589 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
72000 shares
CY2015 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1899 shares
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.021 pure
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0400 pure
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0000080035
CY2015 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 18pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <i>Revenue Recognition</i></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> Sales are recognized when title passes to the customer either when goods are shipped or when they are delivered and based on the terms of the sale, there is persuasive evidence of an agreement, the price is fixed or determinable and collectability is reasonably assured. Revenue related to shipping and handling costs billed to customers is included in net sales and the related shipping and handling costs are included in cost of products sold.</p> </div>
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
47832 shares
CY2015 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2015 us-gaap Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
P12M
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
20614 shares
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.379 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016 pure
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
16000 shares
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0800 pure
CY2015 dei Entity Registrant Name
EntityRegistrantName
PREFORMED LINE PRODUCTS CO
CY2015 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 Reporting_Unit
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5366000 shares
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.00 pure
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
49.60
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 18pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <i>Reclassifications</i></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> Certain prior year amounts have been reclassified to conform to current year presentation.</p> </div>
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5350000 shares
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
70.27
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
45.02
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 8%; -webkit-text-stroke-width: 0px"> The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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 these estimates.</p> </div>
CY2015 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.01125 pure
CY2015 dei Trading Symbol
TradingSymbol
PLPC
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
20614 shares
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10754000
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
212000
CY2015 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
2105000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
6675000
CY2015 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1849000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19017000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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295000
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4391000
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
80000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-219000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6003000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
12349000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2297000
CY2015 us-gaap Gross Profit
GrossProfit
103452000
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-469000
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-643000
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
1600000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2965000
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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653000
CY2015 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-583000
CY2015 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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700000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-363000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7400000
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
51940000
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1037000
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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321000
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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408000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12342000
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
354666000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-19789000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11706000
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
391000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12300000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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4421000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7285000
CY2015 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8753000
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-20000
CY2015 us-gaap Interest Paid Net
InterestPaidNet
500000
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
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-2478000
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
1500000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-67000
CY2015 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
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