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Segment Information
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information

NOTE M – SEGMENT INFORMATION

The following tables present a summary of the Company’s reportable segments for the three and six months ended June 30, 2020 and 2019. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory.

 

 

 

Three Months Ended June 30

 

 

Six Months Ended June 30

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PLP-USA

 

$

53,966

 

 

$

46,369

 

 

$

100,567

 

 

$

87,794

 

The Americas

 

 

17,486

 

 

 

17,708

 

 

 

34,727

 

 

 

31,479

 

EMEA

 

 

21,048

 

 

 

22,610

 

 

 

41,408

 

 

 

38,244

 

Asia-Pacific

 

 

25,129

 

 

 

28,155

 

 

 

43,779

 

 

 

54,478

 

Total net sales

 

$

117,629

 

 

$

114,842

 

 

$

220,481

 

 

$

211,995

 

Intersegment sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PLP-USA

 

$

2,129

 

 

$

2,166

 

 

$

5,001

 

 

$

4,429

 

The Americas

 

 

2,813

 

 

 

1,626

 

 

 

4,677

 

 

 

3,756

 

EMEA

 

 

1,156

 

 

 

326

 

 

 

1,622

 

 

 

563

 

Asia-Pacific

 

 

3,910

 

 

 

3,932

 

 

 

6,004

 

 

 

7,127

 

Total intersegment sales

 

$

10,008

 

 

$

8,050

 

 

$

17,304

 

 

$

15,875

 

Income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PLP-USA

 

$

2,025

 

 

$

1,766

 

 

$

2,871

 

 

$

1,252

 

The Americas

 

 

812

 

 

 

870

 

 

 

1,445

 

 

 

1,046

 

EMEA

 

 

445

 

 

 

3

 

 

 

531

 

 

 

78

 

Asia-Pacific

 

 

115

 

 

 

345

 

 

 

1

 

 

 

712

 

Total income taxes

 

$

3,397

 

 

$

2,984

 

 

$

4,848

 

 

$

3,088

 

Net income attributable to Preformed Line

   Products Company shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PLP-USA

 

$

6,135

 

 

$

4,278

 

 

$

9,686

 

 

$

4,197

 

The Americas

 

 

1,695

 

 

 

1,659

 

 

 

2,690

 

 

 

2,623

 

EMEA

 

 

2,247

 

 

 

805

 

 

 

2,583

 

 

 

1,317

 

Asia-Pacific

 

 

404

 

 

 

1,162

 

 

 

(780

)

 

 

1,591

 

Total net income attributable to Preformed Line

   Products Company shareholders

 

$

10,481

 

 

$

7,904

 

 

$

14,179

 

 

$

9,728

 

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Assets

 

 

 

 

 

 

 

 

PLP-USA

 

$

134,700

 

 

$

127,428

 

The Americas

 

 

70,792

 

 

 

71,908

 

EMEA

 

 

100,903

 

 

 

97,126

 

Asia-Pacific

 

 

129,871

 

 

 

137,109

 

Total identifiable assets

 

$

436,266

 

 

$

433,571