XML 19 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Net income $ 194,734 $ 188,811 $ 154,975
Other comprehensive income/(loss), before tax:      
Foreign currency translation adjustments 12,026 (11,809) (27,534)
Employee benefit plan activity:      
Net gain/(loss) arising during period (4,449) 6,660 288
Amortization arising during period 2,148 5,828 4,760
Other comprehensive income/(loss) 9,725 679 (22,486)
Income tax benefit/(expense) related to items of other comprehensive income/(loss) 643 (3,647) (1,458)
Other comprehensive income/(loss), net of tax 10,368 (2,968) (23,944)
Comprehensive income 205,102 185,843 131,031
Less: Comprehensive loss/(income) attributable to noncontrolling interests (1,496) (1,378) (981)
Comprehensive income attributable to Franklin Electric Co., Inc. $ 203,606 $ 184,465 $ 130,050