Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 1

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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)(9,575)Deferred compensation liability9,586 9,575 Paid-in capital65,641 65,093 Retained earnings576,985 553,179 Treasury shares, at cost, 2,013,240 and 1,961,772 shares at September 30, 2025 and December 31, 2024, respectively(134,676)(126,800)Accumulated other comprehensive loss(55,476)(82,909)TOTAL PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS' EQUITY466,305 422,315 Noncontrolling interest33 9 TOTAL SHAREHOLDERS' EQUITY466,338 422,324 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$644,623 $573,877 

See notes to consolidated financial statements (unaudited).

3

PREFORMED LINE PRODUCTS COMPANY

STATEMENTS OF CONSOLIDATED INCOME

(UNAUDITED)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(Thousands, except per share data)Net sales$178,087 $146,973 $496,229 $426,597 Cost of products sold125,238 101,195 339,310 292,415 GROSS PROFIT52,849 45,778 156,919 134,182 Costs and expensesSelling13,252 12,318 38,525 36,146 General and administrative19,149 16,414 55,440 48,272 Research and engineering6,182 5,545 17,356 16,334 Other operating expense, net1,134 1,109 2,212 186 39,717 35,386 113,533 100,938 OPERATING INCOME13,132 10,392 43,386 33,244 Other income (expense)Interest income683 538 1,577 1,856 Interest expense(312)(564)(1,006)(1,840)Pension termination expense(11,657)— (11,657)— Other income, net510 64 1,033 189 (10,776)38 (10,053)205 INCOME BEFORE INCOME TAXES2,356 10,430 33,333 33,