XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net income $ 59,763 $ 39,363 $ 89,882 $ 67,526
Other comprehensive income/(loss), before tax:        
Foreign currency translation adjustments (19,505) 8,135 (10,913) (3,379)
Employee benefit plan activity 1,184 1,117 2,376 2,233
Other comprehensive income/(loss) (18,321) 9,252 (8,537) (1,146)
Income tax expense related to items of other comprehensive income/(loss) (260) (232) (520) (464)
Other comprehensive income/(loss), net of tax (18,581) 9,020 (9,057) (1,610)
Comprehensive income 41,182 48,383 80,825 65,916
Less: Comprehensive income/(loss) attributable to noncontrolling interests 312 243 628 461
Comprehensive income attributable to Franklin Electric Co., Inc. $ 40,870 $ 48,140 $ 80,197 $ 65,455