Company: PLPC
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001628280-25-012640
Chunk: 31

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-03-13
Form: 10-K
Item: Item 15
Chunk 31
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. GibbonsDirectorMarch 13, 2025/s/ Steven KestnerR. Steven KestnerDirectorMarch 13, 2025/s/ Richard R. GascoigneRichard R. GascoigneDirectorMarch 13, 2025/s/ Ryan RuhlmanJ. Ryan RuhlmanDirectorMarch 13, 2025/s/ Meagan A. R. CrossMaegan A. R. CrossDirectorMarch 13, 2025/s/ David C. Sunkle David C. SunkleDirector

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PREFORMED LINE PRODUCTS COMPANY

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTSYear Ended December 31, 2024, 2023 and 2022(Thousands of dollars)For the year ended December 31, 2024:Balance at beginning of periodAdditions charged to costs and expensesDeductionsOther additions or deductionsBalance at end of period        Allowance for credit losses$8,260 $(750)$(260)$(292)$6,958 Reserve for credit memos746 221 (396)(9)562 Slow-moving and obsolete inventory reserves17,579 5,447 (4,427)(877)17,722 Accrued product warranty1,278 288 (25)(82)1,459 Foreign net operating loss tax carryforwards1,940 785 (627)(131)1,967 For the year ended December 31, 2023:Balance at beginning of periodAdditions charged to costs and expensesDeductions Other additions or deductions (a) Balance at end of period        Allowance for credit losses$5,021 $3,250 $(218)$207 $8,260 Reserve for credit memos579 476 (310)1 746 Slow-moving and obsolete inventory reserves10,835 9,950 (3,427)221 17,579 Accrued product warranty1,111 213 (70)24 1,278 Foreign net operating loss tax carryforwards2,722 367 (466)(683)1,940 For the year ended December 31, 2022:Balance at beginning of periodAdditions charged to costs and expensesDeductions Other additions or deductions (a) Balance at end of period        Allowance for credit losses$3,091 $2,108 $(