$PLPC
PREFORMED LINE PRODUCTS CO Stock $plpc

$plpc Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000162828024044522 Filed on October 31, 2024

Income Statement

Concept	2024 Q4	2024 Q3	2024 Q2
Revenue		$147.0M	$138.7M
YoY Change		-8.39%	-23.7%
Cost Of Revenue		$101.2M	$94.45M
YoY Change		-4.8%	-18.22%
Gross Profit		$45.78M	$44.27M
YoY Change		-15.44%	-33.25%
Gross Profit Margin		31.15%	31.92%
Selling, General & Admin		$28.73M	$27.18M
YoY Change		-5.88%	-12.98%
% of Gross Profit		62.76%	61.39%
Research & Development		$5.545M	$5.358M
YoY Change		-4.4%	-6.98%
% of Gross Profit		12.11%	12.1%
Depreciation & Amortization		$5.322M	$5.246M
YoY Change		14.7%	11.88%
% of Gross Profit		11.63%	11.85%
Operating Expenses		$28.73M	$27.18M
YoY Change		-5.88%	-12.98%
Operating Profit		$10.39M	$11.29M
YoY Change		-48.24%	-59.88%
Interest Expense		-$26.00K	$568.0K
YoY Change		-102.61%	-49.91%
% of Operating Profit		-0.25%	5.03%
Other Income/Expense, Net		$38.00K	-$131.0K
YoY Change		-107.57%	-78.42%
Pretax Income		$10.43M	$11.16M
YoY Change		-46.72%	-59.47%
Income Tax		$2.734M	$1.794M
% Of Pretax Income		26.21%	16.07%
Net Earnings		$7.680M	$9.366M
YoY Change		-49.24%	-54.25%
Net Earnings / Revenue		5.23%	6.75%
Basic Earnings Per Share		$1.57	$1.91
Diluted Earnings Per Share		$1.54	$1.89
COMMON SHARES
Basic Shares Outstanding	4.898M shares	4.914M	4.918M
Diluted Shares Outstanding		4.977M shares	4.964M

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$47.50M	$47.42M
YoY Change	8.69%	9.88%
Cash & Equivalents	$47.50M	$47.42M
Short-Term Investments
Other Short-Term Assets	$6.479M	$6.983M
YoY Change	-38.02%	-17.26%
Inventory	$142.7M	$141.8M
Prepaid Expenses	$13.05M	$7.394M
Receivables	$110.9M	$101.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$320.6M	$305.1M
YoY Change	-5.19%	-13.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$201.2M	$200.4M
YoY Change	0.04%	0.06%
Goodwill	$28.67M	$27.90M
YoY Change	0.79%	-5.52%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$10.22M	$9.798M
YoY Change	34.83%	42.64%
Total Long-Term Assets	$271.3M	$267.5M
YoY Change	1.08%	-0.37%
TOTAL ASSETS
Total Short-Term Assets	$320.6M	$305.1M
Total Long-Term Assets	$271.3M	$267.5M
Total Assets	$592.0M	$572.6M
YoY Change	-2.42%	-7.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$42.43M	$42.95M
YoY Change	-17.62%	-14.17%
Accrued Expenses	$60.95M	$48.54M
YoY Change	3.65%	-1.2%
Deferred Revenue
YoY Change
Short-Term Debt	$8.006M	$6.938M
YoY Change	-26.55%	-49.36%
Long-Term Debt Due	$2.618M	$2.812M
YoY Change	-60.81%	-59.18%
Total Short-Term Liabilities	$114.0M	$104.0M
YoY Change	-16.05%	-17.97%
LONG-TERM LIABILITIES
Long-Term Debt	$24.58M	$28.82M
YoY Change	-45.7%	-58.2%
Other Long-Term Liabilities	$14.56M	$14.35M
YoY Change	-1.75%	-15.5%
Total Long-Term Liabilities	$39.14M	$43.17M
YoY Change	-34.86%	-49.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$114.0M	$104.0M
Total Long-Term Liabilities	$39.14M	$43.17M
Total Liabilities	$153.1M	$147.2M
YoY Change	-21.82%	-30.81%
SHAREHOLDERS EQUITY
Retained Earnings	$543.7M	$537.1M
YoY Change	5.61%	7.26%
Common Stock	$76.82M	$76.07M
YoY Change	5.08%	7.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$126.5M	$124.3M
YoY Change	7.48%	13.86%
Treasury Stock Shares
Shareholders Equity	$429.0M	$416.2M
YoY Change
Total Liabilities & Shareholders Equity	$592.0M	$572.6M
YoY Change	-2.42%	-7.94%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$7.680M	$9.366M
YoY Change	-49.24%	-54.25%
Depreciation, Depletion And Amortization	$5.322M	$5.246M
YoY Change	14.7%	11.88%
Cash From Operating Activities	$9.366M	$28.29M
YoY Change	-77.96%	38.56%
INVESTING ACTIVITIES
Capital Expenditures	$3.574M	$3.728M
YoY Change	-64.04%	-57.76%
Acquisitions
YoY Change
Other Investing Activities	$128.0K	$128.0K
YoY Change	-94.62%	-93.55%
Cash From Investing Activities	-$3.446M	-$3.600M
YoY Change	-54.42%	-47.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.298M	-21.84M
YoY Change	-78.47%	827.3%
NET CHANGE
Cash From Operating Activities	9.366M	28.29M
Cash From Investing Activities	-3.446M	-3.600M
Cash From Financing Activities	-7.298M	-21.84M
Net Change In Cash	-1.378M	2.856M
YoY Change	-231.24%	-74.55%
FREE CASH FLOW
Cash From Operating Activities	$9.366M	$28.29M
Capital Expenditures	$3.574M	$3.728M
Free Cash Flow	$5.792M	$24.57M
YoY Change	-82.21%	111.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0000080035
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
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	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	0-31164
	dei	Entity Registrant Name EntityRegistrantName	Preformed Line Products Company
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	34-0676895
	dei	Entity Address Address Line1 EntityAddressAddressLine1	660 Beta Drive
	dei	Entity Address City Or Town EntityAddressCityOrTown	Mayfield Village
	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	44143
	dei	City Area Code CityAreaCode	440
	dei	Local Phone Number LocalPhoneNumber	461‑5200
	dei	Security12b Title Security12bTitle	Common Shares, $2 par value per share
	dei	Trading Symbol TradingSymbol	PLPC
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
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CY2024Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	13053000	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8246000	usd
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CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	7256000	usd
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CY2023Q4	us-gaap	Assets Current AssetsCurrent	324815000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	201194000	usd
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CY2024Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	29499000	usd
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CY2024Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	24582000	usd
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CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	15454000	usd
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	2
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CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4897450	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4897450	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4908413	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4908413	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	13715000	usd
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CY2024Q3	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	222741	shares
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CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	1894419	shares
CY2024Q3	us-gaap	Treasury Stock Value TreasuryStockValue	126503000	usd
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CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	146973000	usd
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	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	36146000	usd
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	33449000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	75376000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2734000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4431000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6783000	usd
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	us-gaap	Profit Loss ProfitLoss	26666000	usd
	us-gaap	Profit Loss ProfitLoss	57028000	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	15000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	24000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	28000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	7680000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	15130000	usd
	us-gaap	Net Income Loss NetIncomeLoss	26642000	usd
	us-gaap	Net Income Loss NetIncomeLoss	57000000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4904000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4906000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4911000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4929000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4977000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4990000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4959000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5006000	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.57
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.42
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	11.56
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.54
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.37
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	11.39
CY2024Q3	us-gaap	Profit Loss ProfitLoss	7696000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	15145000	usd
	us-gaap	Profit Loss ProfitLoss	26666000	usd
	us-gaap	Profit Loss ProfitLoss	57028000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7483000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-6934000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-5053000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-711000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-89000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-89000	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-267000	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-267000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7572000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-6845000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4786000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-444000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	16000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	15000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	24000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	28000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	15252000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8285000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	21856000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	56556000	usd
	us-gaap	Profit Loss ProfitLoss	26666000	usd
	us-gaap	Profit Loss ProfitLoss	57028000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15982000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13602000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-3012000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2837000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1949000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4090000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1939000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	2457000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-999000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-6218000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-2768000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-12710000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	43413000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	88354000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11220000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27118000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	3493000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2506000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	12089000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7727000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-36701000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	914000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-6792000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	94023000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	131716000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	122075000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	150965000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3097000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3126000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	160000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2020000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	113000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	728000	usd
	plpc	Repurchase Of Common Stock From Related Party RepurchaseOfCommonStockFromRelatedParty	8141000	usd
	plpc	Repurchase Of Common Stock From Related Party RepurchaseOfCommonStockFromRelatedParty	17671000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2473000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-40802000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-45546000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-993000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	390000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6109000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	6497000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	53607000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37239000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47498000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	43736000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416156000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	9603000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-6565000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3127000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	383000	usd
CY2024Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	42731	shares
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	5452000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	52354	shares
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	171000	usd
CY2024Q1	plpc	Shares Distributed From Employee Trust During Period Shares SharesDistributedFromEmployeeTrustDuringPeriodShares	4477	shares
CY2024Q1	plpc	Shares Distributed From Employee Trust During Period Value SharesDistributedFromEmployeeTrustDuringPeriodValue	0	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1017000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	413368000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	9367000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-5971000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3485000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	934000	usd
CY2024Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	4540	shares
CY2024Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	568000	usd
CY2024Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	146	shares
CY2024Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	19000	usd
CY2024Q2	plpc	Shares Issued To Employee Trust During Period Shares SharesIssuedToEmployeeTrustDuringPeriodShares	146	shares
CY2024Q2	plpc	Shares Issued To Employee Trust During Period Value SharesIssuedToEmployeeTrustDuringPeriodValue	0	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1020000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	416218000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	7696000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	7483000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	15268000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	632000	usd
CY2024Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	17822	shares
CY2024Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2234000	usd
CY2024Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1776	shares
CY2024Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	119000	usd
CY2024Q3	plpc	Shares Distributed From Employee Trust During Period Shares SharesDistributedFromEmployeeTrustDuringPeriodShares	16046	shares
CY2024Q3	plpc	Shares Distributed From Employee Trust During Period Value SharesDistributedFromEmployeeTrustDuringPeriodValue	0	usd
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2024Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1016000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	428987000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	358624000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	21419000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3922000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	25430000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1066000	usd
CY2023Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	41573	shares
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	3740000	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	72477	shares
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	384000	usd
CY2023Q1	plpc	Shares Distributed From Employee Trust During Period Shares SharesDistributedFromEmployeeTrustDuringPeriodShares	3541	shares
CY2023Q1	plpc	Shares Distributed From Employee Trust During Period Value SharesDistributedFromEmployeeTrustDuringPeriodValue	0	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1050000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	380714000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	20464000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2301000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	22854000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1725000	usd
CY2023Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	40078	shares
CY2023Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6100000	usd
CY2023Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	9655	shares
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	280000	usd
CY2023Q2	plpc	Shares Distributed From Employee Trust During Period Shares SharesDistributedFromEmployeeTrustDuringPeriodShares	502	shares
CY2023Q2	plpc	Shares Distributed From Employee Trust During Period Value SharesDistributedFromEmployeeTrustDuringPeriodValue	0	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1024000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	398449000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	15145000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-6934000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-89000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	8300000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1299000	usd
CY2023Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	50717	shares
CY2023Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	8559000	usd
CY2023Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	26285	shares
CY2023Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1356000	usd
CY2023Q3	plpc	Shares Distributed From Employee Trust During Period Shares SharesDistributedFromEmployeeTrustDuringPeriodShares	185	shares
CY2023Q3	plpc	Shares Distributed From Employee Trust During Period Value SharesDistributedFromEmployeeTrustDuringPeriodValue	0	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	1018000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	399828000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from these estimates. In the opinion of management, these consolidated financial statements contain all estimates and adjustments, consisting of normal recurring accruals, required to fairly present the financial position, results of operations, and cash flows for the interim periods. Operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results to be expected for the full-year ending December 31, 2024.</span></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Certain prior year amounts have been reclassified to conform to the current year presentation.</span></div>
CY2024Q3	plpc	Percentage Of Revenue From Contract With Customer Excluding Assessed Tax PercentageOfRevenueFromContractWithCustomerExcludingAssessedTax	1
CY2023Q3	plpc	Percentage Of Revenue From Contract With Customer Excluding Assessed Tax PercentageOfRevenueFromContractWithCustomerExcludingAssessedTax	1
	plpc	Percentage Of Revenue From Contract With Customer Excluding Assessed Tax PercentageOfRevenueFromContractWithCustomerExcludingAssessedTax	1
	plpc	Percentage Of Revenue From Contract With Customer Excluding Assessed Tax PercentageOfRevenueFromContractWithCustomerExcludingAssessedTax	1
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	8260000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5021000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-1165000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1349000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	209000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	21000	usd
	plpc	Accounts Receivable Allowance For Credit Losses Foreign Exchange And Other AccountsReceivableAllowanceForCreditLossesForeignExchangeAndOther	-203000	usd
	plpc	Accounts Receivable Allowance For Credit Losses Foreign Exchange And Other AccountsReceivableAllowanceForCreditLossesForeignExchangeAndOther	-17000	usd
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	6683000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	6332000	usd
CY2024Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	90653000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	98708000	usd
CY2024Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	13927000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	14397000	usd
CY2024Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	49335000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	46250000	usd
CY2024Q3	us-gaap	Inventory Gross InventoryGross	153915000	usd
CY2023Q4	us-gaap	Inventory Gross InventoryGross	159355000	usd
CY2024Q3	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	11189000	usd
CY2023Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	10541000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	142726000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	148814000	usd
CY2024Q3	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	48800000	usd
CY2023Q4	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	60100000	usd
CY2024Q3	us-gaap	Inventory Lifo Reserve Effect On Income Net InventoryLIFOReserveEffectOnIncomeNet	200000	usd
CY2023Q3	us-gaap	Inventory Lifo Reserve Effect On Income Net InventoryLIFOReserveEffectOnIncomeNet	600000	usd
	us-gaap	Inventory Lifo Reserve Effect On Income Net InventoryLIFOReserveEffectOnIncomeNet	600000	usd
	us-gaap	Inventory Lifo Reserve Effect On Income Net InventoryLIFOReserveEffectOnIncomeNet	1700000	usd
CY2024Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	18600000	usd
CY2023Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	17600000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	417672000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	412230000	usd
CY2024Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	216478000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	204338000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	201194000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	207892000	usd
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	CONTINGENT LIABILITIES<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company can be party to a variety of pending legal proceedings and claims arising in the normal course of business, including, but not limited to, litigation relating to employment, workers’ compensation, product liability, environmental and intellectual property. The Company has liability insurance to cover many of these claims. </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Although the outcomes of these matters are not predictable with certainty, the Company records a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. In the event the Company determines that a loss is not probable, but is reasonably possible, and the likelihood to develop what the Company believes to be a reasonable range of potential loss exists, the Company will include disclosure related to such matters. To the extent that there is a reasonable possibility the losses could exceed amounts already accrued, the Company will adjust the accrual in the period in which the determination is made, disclose an estimate of the additional loss or range of loss and if the amount of such adjustment cannot be reasonably estimated, disclose that an estimate cannot be made.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In November 2016, the Company and its subsidiaries Helix Uniformed Ltd. (“Helix”) and Preformed Line Products (Canada) Limited (“PLPC Canada”), were each named, jointly and severally, with each of SNC-Lavalin ATP, Inc. (“SNC ATP”), HD Supply Canada Inc., by its trade names HD Supply Power Solutions and HD Supply Utilities (“HD Supply”), and Anixter Power Solutions Canada Inc. (the corporate successor to HD Supply, “Anixter”) and, together with the Company, PLPC Canada, Helix, SNC ATP and HD </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Supply (the “Defendants”), in a complaint filed by Altalink, L.P. (the “Plaintiff”) in the Court of Queen’s Bench of Alberta in Alberta, Canada in November 2016 (the “Complaint”). </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Complaint stated that the Plaintiff engaged SNC ATP to design, engineer, procure and construct numerous power distribution and transmission facilities in Alberta (the “Projects”) and that through SNC ATP and HD Supply (now Anixter), spacer dampers manufactured by Helix were procured and installed in the Projects. The Complaint alleged that the spacer dampers have and may continue to become loose, open and detach from the conductors, resulting in damage and potential injury and a failure to perform the intended function of providing spacing and damping to the Projects. The Plaintiff was seeking damages jointly and severally from the Defendants representing the costs of monitoring and replacing the spacer dampers and remediating property damage, due to alleged defects in the design and construction of, and supply of materials for, the Projects by SNC ATP and HD Supply/Anixter and in the design of the spacer dampers by Helix.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On September 26, 2023, the Defendants and the Plaintiff entered into a settlement agreement which dismissed the action against all Defendants with prejudice. Net of insurance, the total settlement amount paid by the Company in the fourth quarter of 2023 was $4.3 million Canadian dollars ($3.2 million US dollars). The settlement reflects the Company’s desire to eliminate the burden, expense, distraction and further uncertainties of litigation, and the settlement does not constitute an admission of liability, wrongdoing or fault by the Company and its subsidiaries.</span></div>The Company is not a party to any pending legal proceedings that the Company believes would, individually or in the aggregate, have a material adverse effect on its financial condition, results of operations or cash flow. As of September 30, 2024 and December 31, 2023, there were zero reserves for known global legal matters.
CY2023Q4	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	0	usd
CY2024Q3	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	0	usd
CY2024Q3	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	387000	usd
CY2023Q3	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	392000	usd
	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	1162000	usd
	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	1178000	usd
CY2024Q3	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	485000	usd
CY2023Q3	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	501000	usd
	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	1456000	usd
	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	1502000	usd
CY2024Q3	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-117000	usd
CY2023Q3	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-117000	usd
	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-351000	usd
	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-349000	usd
CY2024Q3	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	19000	usd
CY2023Q3	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	8000	usd
	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	57000	usd
	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	25000	usd
	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	usd
	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	0	usd
CY2022Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	90000000.0	usd
CY2022Q1	plpc	Debt To Earnings Before Interest Taxes And Depreciation Ratio DebtToEarningsBeforeInterestTaxesAndDepreciationRatio	0.0225
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	12700000	usd
CY2024Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	77200000	usd
CY2024Q3	plpc	Long Term Letters Of Credit Outstanding LongTermLettersOfCreditOutstanding	0	usd
	plpc	Bank Debt To Equity Percentage BankDebtToEquityPercentage	0.082
CY2024Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.26
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.23
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.20
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	7680000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	15130000	usd
	us-gaap	Net Income Loss NetIncomeLoss	26642000	usd
	us-gaap	Net Income Loss NetIncomeLoss	57000000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4904000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4906000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4911000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4929000	shares
CY2024Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	73000	shares
CY2023Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	84000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	48000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	77000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4977000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4990000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4959000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5006000	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.57
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.42
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	11.56
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.54
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.37
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	11.39
CY2024Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	33152000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	22169000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	34247000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	21266000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	28672000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	29497000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	29497000	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-825000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	28672000	usd
CY2024Q3	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	95000	usd
CY2024Q3	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	95000	usd
CY2024Q3	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	4000	usd
CY2024Q3	plpc	Deferred Compensation Liability Fair Value DeferredCompensationLiabilityFairValue	9087000	usd
CY2024Q3	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	9091000	usd
CY2023Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	158000	usd
CY2023Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	158000	usd
CY2023Q4	us-gaap	Foreign Currency Contracts Liability Fair Value Disclosure ForeignCurrencyContractsLiabilityFairValueDisclosure	0	usd
CY2023Q4	plpc	Deferred Compensation Liability Fair Value DeferredCompensationLiabilityFairValue	8222000	usd
CY2023Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	8222000	usd
	us-gaap	Maximum Remaining Maturity Of Foreign Currency Derivatives1 MaximumRemainingMaturityOfForeignCurrencyDerivatives1	P90D
CY2024Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	0	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-200000	usd
CY2023Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-500000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-900000	usd
CY2024Q3	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	23984000	usd
CY2024Q3	us-gaap	Long Term Debt LongTermDebt	27200000	usd
CY2023Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	51786000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	55282000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	45778000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	54137000	usd
	us-gaap	Gross Profit GrossProfit	134182000	usd
	us-gaap	Gross Profit GrossProfit	186748000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	7680000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	15130000	usd
	us-gaap	Net Income Loss NetIncomeLoss	26642000	usd
	us-gaap	Net Income Loss NetIncomeLoss	57000000	usd

Files In Submission

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plpc-20240930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$PLPC
PREFORMED LINE PRODUCTS CO Stock $plpc

2024 Q4 Form 10-Q Financial Statement

#000162828024044522 Filed on October 31, 2024

Income Statement

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$PLPC PREFORMED LINE PRODUCTS CO Stock $plpc

2024 Q4 Form 10-Q Financial Statement

#000162828024044522 Filed on October 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PLPC
PREFORMED LINE PRODUCTS CO Stock $plpc