Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 2

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 $9,367 $24,253 $18,970 Net expense (income) attributable to noncontrolling interests5 (1)(31)(8)NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$12,705 $9,366 $24,222 $18,962 AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING:Basic4,9324,9154,9304,915Diluted4,9554,9644,9554,955EARNINGS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS:Basic$2.58 $1.91 $4.91 $3.86 Diluted$2.56 $1.89 $4.89 $3.83 

See notes to consolidated financial statements (unaudited).

4

PREFORMED LINE PRODUCTS COMPANY

STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME

(UNAUDITED) 

Three Months Ended June 30,Six Months Ended June 30,2025202420252024(Thousands of dollars)Net income$12,700 $9,367 $24,253 $18,970 Other comprehensive income (loss), net of tax:Foreign currency translation adjustment13,681 (5,971)20,352 (12,536)Pension adjustment, net of tax123 89 246 178 Other comprehensive income (loss), net of tax13,804 (5,882)20,598 (12,358)Comprehensive expense (income) attributable to noncontrolling interests5 (1)(31)(8)COMPREHENSIVE INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$26,509 $3,484 $44,820 $6,604 

See notes to consolidated financial statements (unaudited). 

5

PREFORMED LINE PRODUCTS COMPANY

STATEMENTS OF CONSOLIDATED CASH FLOWS

(UNAUDITED) 

Six Months Ended June 30,20252024(Thousands of dollars)OPERATING ACTIVITIESNet income$24,253 $18,970 Adjustments to reconcile net income to net cash provided by operations:Depreciation and amortization11,083 10,660 Deferred income taxes(806)(1