Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 5

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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5,127)$460,736 $40 $460,776 

7

PREFORMED LINE PRODUCTS COMPANY

STATEMENTS OF CONSOLIDATED SHAREHOLDERS' EQUITY

Accumulated Other Comprehensive Income (Loss)(In thousands, except share and per share data) Common SharesCommon Shares Issued to Rabbi TrustDeferred Compensation LiabilityPaid in CapitalRetained EarningsTreasury SharesCumulative Translation AdjustmentUnrecognized Pension Benefit CostTotal Preformed Line Products Company EquityNoncontrolling InterestsTotal EquityBalance at December 31, 2023$13,607 $(10,183)$10,183 $60,958 $520,154 $(118,249)$(55,828)$(4,478)$416,164 $(8)$416,156 Net income    9,596    9,596 7 9,603 Foreign currency translation adjustment      (6,565) (6,565) (6,565)Pension adjustment, net of tax       89 89  89 Total comprehensive income        3,120 7 3,127 Stock incentive plan activity104   450  (5,452)  (4,898) (4,898)Common shares distributed from rabbi  trust of 4,477, net (31)31      —  — Cash dividends declared – $0.20 per share    (1,017)   (1,017) (1,017)Balance at March 31, 2024$13,711 $(10,214)$10,214 $61,408 $528,733 $(123,701)$(62,393)$(4,389)$413,369 $(1)$413,368 Net income    9,366    9,366 1 9,367 Foreign currency translation adjustment      (5,971) (5,971) (5,971)Pension adjustment, net of tax       89 89  89 Total comprehensive income        3,484 1 3,485 Stock incentive plan activity—   953     953  953 Purchase of 4,540 common shares     (568)  (568) (568)Common shares distributed from rabbi  trust of 146, net (