Preformed Line Products (PLPC) 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 01, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	PLPC
Entity Registrant Name	PREFORMED LINE PRODUCTS CO
Entity Central Index Key	80,035
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		5,189,885

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 31,363	$ 30,393
Accounts receivable, less allowances of $2,469 ($2,326 in 2015)	67,728	63,626
Inventories - net	70,302	69,912
Prepaids	5,047	4,030
Prepaid taxes	6,086	5,585
Other current assets	1,738	6,343
TOTAL CURRENT ASSETS	182,264	179,889
Property, plant and equipment - net	96,708	91,965
Patents and other intangibles - net	11,465	11,288
Goodwill	16,290	15,821
Deferred income taxes	12,746	12,704
Other assets	11,297	11,703
TOTAL ASSETS	330,770	323,370
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable to banks	825	413
Current portion of long-term debt	117	110
Trade accounts payable	21,455	20,377
Accrued compensation and amounts withheld from employees	9,481	9,306
Accrued expenses and other liabilities	13,373	13,334
Accrued profit-sharing and other benefits	3,019	5,648
Dividends payable	1,067	1,057
Income taxes payable	1,183	1,423
TOTAL CURRENT LIABILITIES	50,520	51,668
Long-term debt, less current portion	35,845	31,754
Unfunded pension obligation	11,597	11,627
Income taxes payable	197	195
Deferred income taxes	2,602	2,467
Other noncurrent liabilities	5,741	6,675
Shareholders' equity:
Common shares - $2 par value per share, 15,000,000 shares authorized, 5,204,950 and 5,221,062 issued and outstanding, at March 31, 2016 and December 31, 2015	12,483	12,478
Common shares issued to rabbi trust, 296,326 and 296,635 shares at March 31, 2016 and December 31, 2015	(12,014)	(12,052)
Deferred compensation liability	12,014	12,052
Paid-in capital	23,299	22,916
Retained earnings	293,923	292,311
Treasury shares, at cost, 1,036,362 and 1,018,013 shares at March 31, 2016 and December 31, 2015	(55,230)	(54,570)
Accumulated other comprehensive loss	(50,207)	(54,151)
TOTAL SHAREHOLDERS' EQUITY	224,268	218,984
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 330,770	$ 323,370

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, less allowances	$ 2,469	$ 2,326
Common stock, par value	$ 2	$ 2
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	5,204,950	5,221,062
Common stock, shares outstanding	5,204,950	5,221,062
Common stock, shares issued to rabbi trust	296,326	296,635
Treasury stock shares	1,036,362	1,018,013

Statements of Consolidated Oper

Statements of Consolidated Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Statement [Abstract]
Net sales	$ 78,682	$ 85,790
Cost of products sold	54,393	61,030
GROSS PROFIT	24,289	24,760
Costs and expenses
Selling	7,631	7,207
General and administrative	10,086	10,186
Research and engineering	3,738	3,721
Other operating (income) expense - net	(853)	3,731
Total costs and expenses	20,602	24,845
OPERATING INCOME (LOSS)	3,687	(85)
Other income (expense)
Interest income	75	102
Interest expense	(158)	(133)
Other income - net	52	57
Total other income (expense)	(31)	26
INCOME (LOSS) BEFORE INCOME TAXES	3,656	(59)
Income taxes	998	197
NET INCOME (LOSS)	$ 2,658	$ (256)
BASIC EARNINGS (LOSS) PER SHARE
Net income (loss)	$ 0.51	$ (0.05)
DILUTED EARNINGS (LOSS) PER SHARE
Net income (loss)	0.51	(0.05)
Cash dividends declared per share	$ 0.20	$ 0.20
Weighted-average number of shares outstanding - basic	5,211	5,396
Weighted-average number of shares outstanding - diluted	5,229	5,396

Statements of Consolidated Comp

Statements of Consolidated Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Net income (loss)	$ 2,658	$ (256)
Other comprehensive income (loss), net of tax
Foreign currency translation adjustment	3,867	(8,614)
Recognized net actuarial loss (net of tax provision of $46 and $53 for the three months ended March 31, 2016 and 2015, respectively)	77	86
Other comprehensive income (loss), net of tax	3,944	(8,528)
Comprehensive income (loss)	$ 6,602	$ (8,784)

Statements of Consolidated Com6

Statements of Consolidated Comprehensive Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Net of tax provision on recognized net actuarial loss	$ 46	$ 53

Statements of Consolidated Cash

Statements of Consolidated Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
OPERATING ACTIVITIES
Net income (loss)	$ 2,658	$ (256)
Adjustments to reconcile net income to net cash provided by (used in) operations:
Depreciation and amortization	2,710	3,250
Provision for accounts receivable allowances	(10)	46
Provision for inventory reserves	9	208
Deferred income taxes	(23)	(1,217)
Share-based compensation expense	363	489
Excess tax benefits from share-based awards	8	(20)
Other - net	9	5
Changes in operating assets and liabilities:
Accounts receivable	(2,368)	2,952
Inventories	1,657	(113)
Trade accounts payable and accrued liabilities	(2,331)	(4,119)
Income taxes payable	(196)	(2,006)
Other - net	(1,292)	1,383
NET CASH PROVIDED BY OPERATING ACTIVITIES	1,194	602
INVESTING ACTIVITIES
Capital expenditures	(5,508)	(2,272)
Proceeds from the sale of property and equipment	61	570
Restricted cash and purchase of fixed-term deposits	3,216	2,277
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES	(2,231)	575
FINANCING ACTIVITIES
Increase in notes payable to banks	351	244
Proceeds from the issuance of long-term debt	15,706	12,879
Payments of long-term debt	(11,674)	(13,868)
Dividends paid	(1,056)	(1,110)
Excess tax benefits from share-based awards	(8)	20
Proceeds from issuance of common shares	0	40
Purchase of common shares for treasury	(627)	(74)
Purchase of common shares for treasury from related parties	(33)	(140)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	2,659	(2,009)
Effects of exchange rate changes on cash and cash equivalents	(652)	1,719
Net increase in cash and cash equivalents	970	887
Cash and cash equivalents at beginning of year	30,393	29,643
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 31,363	$ 30,530

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	NOTE A – BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements of Preformed Line Products Company and subsidiaries (the “Company” or “PLPC”) have been prepared in accordance with United States of America (U.S.) generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. The preparation of these consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from these estimates. In the opinion of management, these consolidated financial statements contain all estimates and adjustments, consisting of normal recurring accruals, required to fairly present the financial position, results of operations, and cash flows for the interim periods. Operating results for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full-year ending December 31, 2016. The Consolidated Balance Sheet at December 31, 2015 has been derived from the audited consolidated financial statements, but does not include all of the information and notes required by U.S. GAAP for complete financial statements. For further information, refer to the consolidated financial statements and notes to consolidated financial statements included in the Company’s 2015 Annual Report on Form 10-K filed on March 11, 2016 with the Securities and Exchange Commission. Reclassifications Certain prior period amounts have been reclassified to conform to current year presentation, as discussed in Note K segment information.

Other Financial Statement Infor

Other Financial Statement Information	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Other Financial Statement Information	NOTE B – OTHER FINANCIAL STATEMENT INFORMATION Inventories – net March 31, December 31, Finished products $ 37,544 $ 37,812 Work-in-process 7,121 6,902 Raw materials 35,162 34,854 79,827 79,568 Excess of current cost over LIFO cost (3,893 ) (3,538 ) Noncurrent portion of inventory (5,632 ) (6,118 ) $ 70,302 $ 69,912 Cost of inventories for certain material is determined using the last-in-first-out (LIFO) method and totaled approximately $26.9 million at March 31, 2016 and $26.8 million at December 31, 2015. An actual valuation of inventories under the LIFO method can be made only at the end of the year based on the inventory levels and costs at that time. Accordingly, interim LIFO calculations must be based on management’s estimates of expected year-end inventory levels and costs. Because these estimates are subject to change and may be different than the actual inventory levels and costs at the end of the year, interim results are subject to the final year-end LIFO inventory valuation. During the three months ended March 31, 2016 and March 31, 2015, the net change in LIFO inventories resulted in a $.4 million and $.1 million charge, respectively, to Income (loss) before income taxes. Noncurrent inventory is included in Other assets on the Consolidated Balance Sheets. Property, plant and equipment - net Major classes of Property, plant and equipment are stated at cost and were as follows: March 31, December 31, Land and improvements $ 12,693 $ 12,260 Buildings and improvements 72,601 71,711 Machinery and equipment 140,980 137,599 Construction in progress 7,399 3,369 233,673 224,939 Less accumulated depreciation 136,965 132,974 $ 96,708 $ 91,965 Legal proceedings From time to time, the Company may be subject to litigation incidental to its business. The Company is not a party to any pending legal proceedings that the Company believes would, individually or in the aggregate, have a material adverse effect on its financial condition, results of operations, or cash flows.

Pension Plans

Pension Plans	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pension Plans	NOTE C – PENSION PLANS The Company uses a December 31 measurement date for the Preformed Line Products Company Employees’ Retirement Plan (the “Plan”). Net periodic benefit cost for this plan included the following components: Three Months Ended March 31 2016 2015 Service cost $ 55 $ 27 Interest cost 365 358 Expected return on plan assets (450 ) (465 ) Recognized net actuarial loss 123 139 Net periodic benefit cost $ 93 $ 59 No contributions were made to the Plan during the three months ended March 31, 2016. The Company does not anticipate contributing to the Plan in 2016.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income ("AOCI")	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income ("AOCI")	NOTE D – ACCUMULATED OTHER COMPREHENSIVE INCOME (“AOCI”) The following tables set forth the total changes in AOCI by component, net of tax: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 Defined benefit Currency Total Defined benefit Currency Total Balance at January 1 $ (6,235 ) $ (47,916 ) $ (54,151 ) $ (7,007 ) $ (28,127 ) $ (35,134 ) Other comprehensive income (loss) before reclassifications: Gain (loss) on foreign currency translation adjustment 0 3,867 3,867 0 (8,614 ) (8,614 ) Amounts reclassified from AOCI: Amortization of defined benefit pension actuarial loss (a) 77 0 77 86 0 86 Net current period other comprehensive income (loss) 77 3,867 3,944 86 (8,614 ) (8,528 ) Balance at March 31 $ (6,158 ) $ (44,049 ) $ (50,207 ) $ (6,921 ) $ (36,741 ) $ (43,662 ) (a) This AOCI component is included in the computation of net periodic pension costs.

Computation of Earnings (Loss)

Computation of Earnings (Loss) Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Computation of Earnings (Loss) Per Share	NOTE E – COMPUTATION OF EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share were computed by dividing Net income (loss) by the weighted-average number of common shares outstanding for each respective period. Diluted earnings (loss) per share were calculated by dividing Net income (loss) by the weighted-average of all potentially dilutive common stock that was outstanding during the periods presented. The calculation of basic and diluted earnings (loss) per share for the three months ended March 31, 2016 and 2015 was as follows: Three Months Ended March 31 2016 2015 Numerator Net income (loss) $ 2,658 $ (256 ) Denominator Determination of shares Weighted-average common shares outstanding 5,211 5,396 Dilutive effect - share-based awards 18 0 Diluted weighted-average common shares outstanding 5,229 5,396 Earnings (loss) per common share Basic $ 0.51 $ (0.05 ) Diluted $ 0.51 $ (0.05 ) For the three months ended March 31, 2016, 61,800 stock options were excluded from the calculation of diluted earnings per share as the effect would have been anti-dilutive. For the three months ended March 31, 2015, 59,750 stock options were excluded from the calculation of diluted loss per share as the effect would have been anti-dilutive. For the three months ended March 31, 2016, there were no restricted share units excluded from the calculation of diluted earnings per share. For the three months ended March 31, 2015, 12,775 restricted share units were excluded from the calculation of diluted loss per share as the effect of the settlement in common shares would have been anti-dilutive.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	NOTE F – GOODWILL AND OTHER INTANGIBLES The Company’s finite and indefinite-lived intangible assets consist of the following: March 31, 2016 December 31, 2015 Gross Carrying Accumulated Gross Carrying Accumulated Finite-lived intangible assets Patents $ 4,815 $ (4,799 ) $ 4,815 $ (4,799 ) Land use rights 1,179 (182 ) 1,155 (173 ) Trademark 1,750 (934 ) 1,713 (899 ) Technology 3,098 (912 ) 3,021 (860 ) Customer relationships 12,147 (4,697 ) 11,816 (4,501 ) $ 22,989 $ (11,524 ) $ 22,520 $ (11,232 ) Indefinite-lived intangible assets Goodwill $ 16,290 $ 15,821 The aggregate amortization expense for other intangibles with finite lives for the three months ended March 31, 2016 and 2015 was $.3 million and $.4 million, respectively. Amortization expense is estimated to be $.7 million for the remaining period of 2016, $1.0 million annually for 2017 and 2018 and $.9 million annually for 2019 and 2020. The weighted-average remaining amortization period is approximately 20.5 years. The weighted-average remaining amortization period by intangible asset class is as follows: patents, 9.8 years; land use rights, 58.9 years; trademark, 10.1 years; technology, 15.6 years; and customer relationships, 13.9 years. The Company’s measurement date for its annual impairment test for goodwill is October 1st of each year. The Company performs its annual impairment test for goodwill utilizing a discounted cash flow methodology, market comparables, and an overall market capitalization reasonableness test in computing fair value by reporting unit. The Company then compares the fair value of the reporting unit with its carrying value to assess if goodwill has been impaired. Based on the assumptions as to growth, discount rates and the weighting used for each respective valuation methodology, results of the valuations could be significantly different. However, the Company believes that the methodologies and weightings used are reasonable and result in appropriate fair values of the reporting units. The Company’s only intangible asset with an indefinite life is goodwill. The changes in the carrying amount of goodwill, by segment, for the three months ended March 31, 2016, are as follows: USA The Americas EMEA Asia-Pacific Total Balance at January 1, 2016 $ 3,078 $ 3,918 $ 1,301 $ 7,524 $ 15,821 Currency translation 0 253 38 178 469 Balance at March 31, 2016 $ 3,078 $ 4,171 $ 1,339 $ 7,702 $ 16,290

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	NOTE G – SHARE-BASED COMPENSATION The 1999 Stock Option Plan Activity in the Company’s 1999 Stock Option Plan for the three months ended March 31, 2016 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2016 12,000 $ 41.44 Granted 0 $ 0.00 Exercised 0 $ 0.00 Forfeited 0 $ 0.00 Outstanding (exercisable and vested) at March 31, 2016 12,000 $ 41.44 1.6 $ 7 There were no stock options exercised during the three months ended March 31, 2016 or 2015. The Company recorded no compensation expense related to stock options for either the three months ended March 31, 2016 and 2015 as all options were fully vested. Long Term Incentive Plan of 2008 Under the Preformed Line Products Company Long Term Incentive Plan of 2008 (the “LTIP”), certain employees, officers, and directors are eligible to receive awards of options, restricted shares and restricted share units. The purpose of this LTIP is to give the Company a competitive advantage in attracting, retaining, and motivating officers, employees and directors and to provide an incentive to those individuals to increase shareholder value through long-term incentives directly linked to the Company’s performance. The total number of Company common shares reserved for awards under the LTIP is 900,000. Of the 900,000 common shares, 800,000 common shares have been reserved for restricted share units and 100,000 common shares have been reserved for stock options. The LTIP expires on April 17, 2018. Restricted Share Units For the regular annual grants, all of the participants except the CEO, a portion of the restricted share units (RSUs) is subject to time-based cliff vesting and a portion is subject to vesting based upon the Company’s performance over a three-year period. All of the CEO’s regular annual RSUs are subject to vesting based upon the Company’s performance over a three-year period. The RSUs are offered at no cost to the employees; however, the participant must remain employed with the Company until the restrictions on the RSUs lapse. The fair value of RSUs is based on the market price of a common share on the grant date. The Company currently estimates that no time-based RSUs will be forfeited. Dividends declared are accrued in cash. A summary of the RSUs for the three months ended March 31, 2016 is as follows: Restricted Share Units Performance Service Total Weighted-Average Nonvested as of January 1, 2016 91,603 10,872 102,475 $ 53.88 Granted 79,241 9,901 89,142 33.73 Vested 0 0 0 0.00 Forfeited 0 0 0 0.00 Nonvested as of March 31, 2016 170,844 20,773 191,617 $ 44.51 For time-based RSUs, the Company recognizes stock-based compensation expense on a straight-line basis over the requisite service period of the award in General and administrative expense in the accompanying Statements of Consolidated Income. Compensation expense related to the time-based RSUs for the three months ended March 31, 2016 and 2015 was $.1 million for each period. As of March 31, 2016, there was $.6 million of total unrecognized compensation cost related to time-based RSUs that is expected to be recognized over the weighted-average remaining period of approximately 2.2 years. For the performance-based RSUs, the number of RSUs in which the participants will vest depends on the Company’s level of performance measured by growth in pre-tax income and sales growth over a requisite performance period. Depending on the extent to which the performance criterions are satisfied under the LTIP, the participants are eligible to earn common shares over the vesting period. Performance-based compensation expense for the three months ended March 31, 2016 and 2015 was $.3 million and $.4 million, respectively. During the three months ended March 31, 2015, a $.4 million reduction in performance-based compensation expense was recorded related to the 2014 performance-based RSU grant, due to changes in estimates for growth in sales and pre-tax income. As of March 31, 2016, the remaining performance-based RSUs compensation expense of $3.2 million is expected to be recognized over a period of approximately 2.5 years. The excess tax benefits from time and performance-based RSUs for the three months ended March 31, 2016 and 2015, was less than $.1 million for each period, as reported on the Statements of Consolidated Cash Flows in financing activities, and represents the reduction in income taxes otherwise payable during the period, attributable to the actual gross tax benefits in excess of the expected tax benefits for RSUs vested in the current period. In the event of a Change in Control (as defined in the LTIP), vesting of the RSUs will be accelerated and all restrictions will lapse. Unvested performance-based awards are based on a maximum potential payout. Actual shares awarded at the end of the performance period may be less than the maximum potential payout level depending on achievement of performance-based award objectives. To satisfy the vesting of its RSU awards, the Company has reserved new shares from its authorized but unissued shares. Any additional granted awards will also be issued from the Company’s authorized but unissued shares. Under the LTIP, there are 223,256 common shares currently available for additional RSU grants. Deferred Compensation Plan The Company maintains a trust, commonly referred to as a rabbi trust, in connection with the Company’s deferred compensation plan. This plan allows for two deferrals. First, Directors make elective deferrals of Director fees payable and held in the rabbi trust. The deferred compensation plan allows the Directors to elect to receive Director fees in common shares of the Company at a later date instead of fees paid each quarter in cash. Second, this plan allows certain Company employees to defer LTIP restricted shares or RSUs for future distribution in the form of common shares. Assets of the rabbi trust are consolidated, and the value of the Company’s stock held in the rabbi trust is classified in Shareholders’ equity and generally accounted for in a manner similar to treasury stock. The Company recognizes the original amount of the deferred compensation (fair value of the deferred stock award at the date of grant) as the basis for recognition in common shares issued to the rabbi trust. Changes in the fair value of amounts owed to certain employees or Directors are not recognized as the Company’s deferred compensation plan does not permit diversification and must be settled by the delivery of a fixed number of the Company’s common shares. As of March 31, 2016, 296,326 shares have been deferred and are being held by the rabbi trust. Share Option Awards The LTIP plan permits the grant of 100,000 options to buy common shares of the Company to certain employees at not less than fair market value of the shares on the date of grant. At March 31, 2016, there were 11,000 shares remaining available for issuance under the LTIP. Options issued to date under the Plan vest 50% after one year following the date of the grant, 75% after two years, and 100% after three years, and expire from five to ten years from the date of grant. Shares issued as a result of stock option exercises will be funded with the issuance of new shares. The Company utilizes the Black-Scholes option pricing model for estimating fair values of options. The Black-Scholes model requires assumptions regarding the volatility of the Company’s stock, the expected life of the stock award and the Company’s dividend yield. The Company utilizes historical data in determining these assumptions. The risk-free rate for periods within the contractual life of the option is based on the U.S. zero coupon Treasury yield in effect at the time of grant. Forfeitures have been estimated to be zero. There were no options granted for the three months ended March 31, 2016 and 2015, respectively. Activity in the Company’s LTIP plan for three months ended March 31, 2016 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2016 56,250 $ 55.30 Granted 0 $ 0.00 Exercised 0 $ 0.00 Forfeited (3,000 ) $ 71.62 Outstanding (vested and expected to vest) at March 31, 2016 53,250 $ 54.38 6.5 $ 0 Exercisable at March 31, 2016 30,500 $ 58.24 7.3 $ 0 For the three months ended March 31, 2016 and 2015, the Company recorded compensation expense related to the stock options currently vesting of less than $.1 million and $.1 million, respectively. The total compensation cost related to nonvested awards not yet recognized at March 31, 2016 is expected to be $.3 million over a weighted-average period of approximately 1.8 years.

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	NOTE H – FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES The carrying value of the Company’s current financial instruments, which include cash and cash equivalents, accounts receivable, accounts payable, notes payable, and short-term debt, approximates its fair value because of the short-term maturity of these instruments. At March 31, 2016, the fair value of the Company’s long-term debt was estimated using discounted cash flow analysis based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements which are considered to be Level 2 inputs. There have been no transfers in or out of Level 2 for the three months ended March 31, 2016. Based on the analysis performed, the carrying value of the Company’s long-term debt approximates fair value at March 31, 2016 and December 31, 2015.

Recently Adopted Accounting Pro

Recently Adopted Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
Recently Adopted Accounting Pronouncements	NOTE I – RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS In November 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, “Income Taxes - Balance Sheet Classification of Deferred Taxes” which requires that deferred tax liabilities and assets be classified as noncurrent in a classified balance sheet. Prior to the issuance of the standard, deferred tax liabilities and assets were required to be separately classified into a current amount and a noncurrent amount in the balance sheet. The new accounting guidance represents a change in accounting principle and the standard is required to be adopted in annual periods beginning after December 15, 2016. Early adoption is permitted and the Company elected to early adopt this guidance as of March 31, 2016 and to apply the guidance retrospectively to all periods presented. Accordingly, as of December 31, 2015, the Company reclassified the prior period amount of $8.6 million related to its deferred tax assets and $.2 million related to its deferred tax liabilities from current to noncurrent, resulting in an increase of $7.4 million to its noncurrent deferred tax assets and a decrease of $1.0 million to the noncurrent deferred income tax liabilities. Because the application of this guidance affects classification only, such reclassifications did not have a material effect on the Company’s consolidated financial position or results of its operations. In January 2015, the FASB issued ASU 2015-01, “Income Statement-Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” This Update eliminates from GAAP the concept of extraordinary items. A material event or transaction that an entity considers to be of an unusual nature or of a type that indicates infrequency of occurrence or both shall be reported as a separate component of income from continuing operations. The nature and financial effects of each event or transaction shall be presented as a separate component of income from continuing operations or, alternatively, disclosed in notes to financial statements. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of ASU 2015-1 had no impact to the presentation of the Company’s consolidated financial statements for the three months ended March 31, 2016. In April 2015, the FASB issued ASU 2015-04, “Compensation – Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets.” For an entity that has a significant event in an interim period that calls for a re-measurement of defined benefit plan assets and obligations, the amendments in this Update provide a practical expedient that permits the entity to re-measure defined benefit plan assets and obligations using the month-end that is closest to the date of the significant event. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Earlier application is permitted. Amendments in this Update should be applied prospectively. The adoption of ASU 2015-04 had no impact to the presentation of the Company’s consolidated financial statements for the three months ended March 31, 2016. In April 2015, the FASB issued ASU 2015-05, “Intangibles – Goodwill and Other – Internal-Use Software (Topic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” The amendments in this Update provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of ASU 2015-5 had no impact to the presentation of the Company’s consolidated financial statements for the three months ended March 31, 2016 as the Company is currently not engaged in a cloud computing arrangement. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments.” This Update requires an acquiring entity to recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments also require an entity to record the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. An entity must present separately on the face of the statement of operations or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The amendments should be applied prospectively. The adoption of ASU 2015-16 had no impact to the presentation of the Company’s consolidated financial statements for the three months ended March 31, 2016.

New Accounting Standards to be

New Accounting Standards to be Adopted	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
New Accounting Standards to be Adopted	NOTE J – NEW ACCOUNTING STANDARDS TO BE ADOPTED In March 2016, the FASB issues ASU 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 provides guidance in GAAP for the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company is required to adopt ASU 2016-09 for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted for any entity in any interim or annual period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The Company is currently evaluating what impact, if any, its adoption will have to the presentation of the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The amendments in this Update require the recognition of assets and liabilities arising from lease transactions on the balance sheet and the disclosure of key information about leasing arrangements. Accordingly, a lessee will recognize a lease asset for its right to use the underlying asset and a lease liability for the corresponding lease obligation. Both the asset and liability will initially be measured at the present value of the future minimum lease payments over the lease term. Subsequent measurement, including the presentation of expenses and cash flows, will depend on the classification of the lease as either a finance or an operating lease. Initial costs directly attributable to negotiating and arranging the lease will be included in the asset. For leases with a term of 12 months or less, a lessee can make an accounting policy election by class of underlying asset to not recognize an asset and corresponding liability. Lessees will also be required to provide additional qualitative and quantitative disclosures regarding the amount, timing and uncertainty of cash flows arising from leases. These disclosures are intended to supplement the amounts recorded in the financial statements and provide additional information about the nature of an organization’s leasing activities. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating what impact, if any, its adoption will have to the presentation of the Company’s consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” The amendments in this Update more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards (IFRS). An entity should measure inventory within the scope of this Update at the lower of cost and net realizable value. Net realizable value is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. The amendments in this Update are effective for fiscal years beginning after December 15, 2016 and interim periods within fiscal years beginning after December 15, 2017. The amendments in this Update should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The Company is currently evaluating what impact, if any, its adoption will have to the presentation of the Company’s consolidated financial statements. In August 2014, the FASB issued ASU 2014-15 “Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” ASU 2014-15 provides guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The Company is required to adopt ASU 2014-15 prospectively for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company is currently evaluating what impact, if any, its adoption will have to the presentation of the Company’s consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” or ASU 2014-09. ASU 2014-09 requires an entity to recognize revenue in a matter that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, the amendment provides five steps that an entity should apply when recognizing revenue. The amendment also specifies the accounting of some costs to obtain or fulfill a contract with a customer and expands the disclosure requirements around contracts with customers. An entity can either adopt this amendment retrospectively to each prior reporting period presented or retrospectively with cumulative effect of initially applying the update recognized at the date of initial application. In August 2015, the FASB issued ASU No. 2015-14 deferring the effective date of the amendment to annual reporting periods beginning after December 15, 2017. Early adoption is not permitted. The Company is currently evaluating what impact, if any, its adoption will have to the presentation of the Company’s consolidated financial statements.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	NOTE K – SEGMENT INFORMATION The following tables present a summary of the Company’s reportable segments for the three months ended March 31, 2016 and 2015. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory. During the fourth quarter of 2015, the Company reconfigured a product line in The Americas segment and consolidated its manufacturing processes into the PLP-USA segment. As such, prior year amounts have been reclassified to conform to the current year presentation. Three Months Ended March 31 2016 2015 Net sales PLP-USA $ 34,647 $ 34,130 The Americas 12,452 13,974 EMEA 13,918 14,196 Asia-Pacific 17,665 23,490 Total net sales $ 78,682 $ 85,790 Intersegment sales PLP-USA $ 2,213 $ 2,830 The Americas 1,292 1,375 EMEA 399 423 Asia-Pacific 1,748 1,892 Total intersegment sales $ 5,652 $ 6,520 Income taxes PLP-USA $ (20 ) $ (221 ) The Americas 547 (88 ) EMEA 505 528 Asia-Pacific (34 ) (22 ) Total income taxes $ 998 $ 197 Net income (loss) PLP-USA $ (123 ) $ (1,245 ) The Americas 1,095 (184 ) EMEA 1,694 1,804 Asia-Pacific (8 ) (631 ) Total net income (loss) $ 2,658 $ (256 ) March 31, December 31, Assets PLP-USA $ 109,735 $ 106,854 The Americas 61,938 60,010 EMEA 53,434 50,755 Asia-Pacific 105,350 105,437 330,457 323,056 Corporate assets 313 314 Total assets $ 330,770 $ 323,370

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	NOTE L – INCOME TAXES The Company’s effective tax rate was 27% and (334)% for the three months ended March 31, 2016 and 2015, respectively. The income tax expense for the current period was determined based on an estimated annual effective tax rate of 30% for the twelve-month period ending December 31, 2016. The effective tax rate for the three months ended March 31, 2016 is lower than the estimated annual 2016 effective tax rate and the U.S. federal statutory rate of 35% primarily due to an increase in earnings in jurisdictions with lower tax rates than the U.S. federal statutory rate, where such earnings are permanently reinvested coupled with a relatively low level of pre-tax income in the U.S during the quarter. The effective rate for the three months ended March 31, 2015 was not meaningful primarily due to the amount, timing and mix of earnings by jurisdiction and the reversal of losses in certain jurisdictions where no tax benefit was recognized in 2015, partially offset by an increase in earnings in jurisdictions with lower tax rates than the U.S. federal statutory rate where such earnings are permanently reinvested. As described in Note I, the Company elected to early adopt FASB guidance ASU 2015-17 “Income Taxes-Balance Sheet Classification of Deferred Taxes” as of March 31, 2016 and to apply the guidance retrospectively to all periods presented related to the classification of current and noncurrent deferred tax assets and liabilities. Accordingly, as of December 31, 2015, the Company reclassified the prior period amount of $8.6 million related to its deferred tax assets and $.2 million related to its deferred tax liabilities from current to noncurrent, resulting in an increase of $7.4 million to our noncurrent deferred tax assets and a decrease of $1.0 million to the noncurrent deferred income tax liabilities. The Company provides valuation allowances against deferred tax assets when it is more likely than not that some portion or all of its deferred tax assets will not be realized. No significant changes to the valuation allowance were recorded for the period ended March 31, 2016. As of March 31, 2016, the Company had gross unrecognized tax benefits of approximately $.2 million with no significant changes during this period. The Company may decrease its unrecognized tax benefits by $.2 million within the next nine months.

Product Warranty Reserve

Product Warranty Reserve	3 Months Ended
	Mar. 31, 2016
Guarantees [Abstract]
Product Warranty Reserve	NOTE M – PRODUCT WARRANTY RESERVE The Company records an accrual for estimated warranty costs to Costs of products sold in the Consolidated Statements of Operations. These amounts are recorded in Accrued expenses and other liabilities in the Consolidated Balance Sheets. The Company records and accounts for its warranty reserve based on specific claim incidents. Should the Company become aware of a specific potential warranty claim for which liability is probable and reasonably estimable, a specific charge is recorded and accounted for accordingly. Adjustments are made quarterly to the accruals as claim information changes. The following is a rollforward of the product warranty reserve: Three Months Ended March 31 2016 2015 Beginning of period balance $ 714 $ 892 Additions charged to income 3 32 Warranty usage (41 ) (107 ) Currency translation 12 (34 ) End of period balance $ 688 $ 783

Charges Related to Restructurin

Charges Related to Restructuring Activities	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Charges Related to Restructuring Activities	NOTE N – CHARGES RELATED TO RESTRUCTURING ACTIVITIES During the year ended December 2015, the Company reconfigured one of its operations within its Asia Pacific segment by reducing its workforce and manufacturing facilities while outsourcing production predominantly to its locations with lower cost operations. This was done in response to a slowdown in economic activity in the region as well as continued downward market pressure on prices. Additionally, the Company reduced the number of personnel and facilities in the PLP-USA segment in response to downward market pressure on prices. Both of these actions reduced infrastructure and manufacturing costs. There was $.1 million and $.5 million of expense recognized in the three months ended March 31, 2016 and 2015, respectively, for these restructuring activities. The restructuring liability remaining at March 31, 2016 was recorded in Accrued expenses. A summary by reporting segment of the accruals recorded as a result of the restructuring is as follows: Severance Lease Other Total December 31, 2015 Balance PLP-USA $ 150 $ 304 $ 5 $ 459 Asia-Pacific 0 604 0 604 Total $ 150 $ 908 $ 5 $ 1,063 Charges PLP-USA 59 0 0 59 Asia-Pacific 0 0 0 0 Total 59 0 0 59 Payments and other adjustments PLP-USA (209 ) (119 ) (5 ) (333 ) Asia-Pacific 0 (64 ) 0 (64 ) Total (209 ) (183 ) (5 ) (397 ) March 31, 2016 Balance PLP-USA 0 185 0 185 Asia-Pacific 0 540 0 540 Total $ 0 $ 725 $ 0 $ 725

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reclassifications	Reclassifications Certain prior period amounts have been reclassified to conform to current year presentation, as discussed in Note K segment information.

Other Financial Statement Inf23

Other Financial Statement Information (Tables)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Inventories - Net	Inventories – net March 31, December 31, Finished products $ 37,544 $ 37,812 Work-in-process 7,121 6,902 Raw materials 35,162 34,854 79,827 79,568 Excess of current cost over LIFO cost (3,893 ) (3,538 ) Noncurrent portion of inventory (5,632 ) (6,118 ) $ 70,302 $ 69,912
Property, Plant and Equipment - Net	Major classes of Property, plant and equipment are stated at cost and were as follows: March 31, December 31, Land and improvements $ 12,693 $ 12,260 Buildings and improvements 72,601 71,711 Machinery and equipment 140,980 137,599 Construction in progress 7,399 3,369 233,673 224,939 Less accumulated depreciation 136,965 132,974 $ 96,708 $ 91,965

Pension Plans (Tables)

Pension Plans (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	Net periodic benefit cost for this plan included the following components: Three Months Ended March 31 2016 2015 Service cost $ 55 $ 27 Interest cost 365 358 Expected return on plan assets (450 ) (465 ) Recognized net actuarial loss 123 139 Net periodic benefit cost $ 93 $ 59

Accumulated Other Comprehensi25

Accumulated Other Comprehensive Income ("AOCI") (Tables)	3 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Summary of Total Changes in AOCI by Component, Net of Tax	The following tables set forth the total changes in AOCI by component, net of tax: Three Months Ended March 31, 2016 Three Months Ended March 31, 2015 Defined benefit Currency Total Defined benefit Currency Total Balance at January 1 $ (6,235 ) $ (47,916 ) $ (54,151 ) $ (7,007 ) $ (28,127 ) $ (35,134 ) Other comprehensive income (loss) before reclassifications: Gain (loss) on foreign currency translation adjustment 0 3,867 3,867 0 (8,614 ) (8,614 ) Amounts reclassified from AOCI: Amortization of defined benefit pension actuarial loss (a) 77 0 77 86 0 86 Net current period other comprehensive income (loss) 77 3,867 3,944 86 (8,614 ) (8,528 ) Balance at March 31 $ (6,158 ) $ (44,049 ) $ (50,207 ) $ (6,921 ) $ (36,741 ) $ (43,662 ) (a) This AOCI component is included in the computation of net periodic pension costs.

Computation of Earnings (Loss26

Computation of Earnings (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Earnings (Loss) Per Share	The calculation of basic and diluted earnings (loss) per share for the three months ended March 31, 2016 and 2015 was as follows: Three Months Ended March 31 2016 2015 Numerator Net income (loss) $ 2,658 $ (256 ) Denominator Determination of shares Weighted-average common shares outstanding 5,211 5,396 Dilutive effect - share-based awards 18 0 Diluted weighted-average common shares outstanding 5,229 5,396 Earnings (loss) per common share Basic $ 0.51 $ (0.05 ) Diluted $ 0.51 $ (0.05 )

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Finite and Indefinite-Lived Intangible Assets	The Company’s finite and indefinite-lived intangible assets consist of the following: March 31, 2016 December 31, 2015 Gross Carrying Accumulated Gross Carrying Accumulated Finite-lived intangible assets Patents $ 4,815 $ (4,799 ) $ 4,815 $ (4,799 ) Land use rights 1,179 (182 ) 1,155 (173 ) Trademark 1,750 (934 ) 1,713 (899 ) Technology 3,098 (912 ) 3,021 (860 ) Customer relationships 12,147 (4,697 ) 11,816 (4,501 ) $ 22,989 $ (11,524 ) $ 22,520 $ (11,232 ) Indefinite-lived intangible assets Goodwill $ 16,290 $ 15,821
Changes in Carrying Amount of Goodwill by Segment	The Company’s only intangible asset with an indefinite life is goodwill. The changes in the carrying amount of goodwill, by segment, for the three months ended March 31, 2016, are as follows: USA The Americas EMEA Asia-Pacific Total Balance at January 1, 2016 $ 3,078 $ 3,918 $ 1,301 $ 7,524 $ 15,821 Currency translation 0 253 38 178 469 Balance at March 31, 2016 $ 3,078 $ 4,171 $ 1,339 $ 7,702 $ 16,290

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Summary of RSUs	A summary of the RSUs for the three months ended March 31, 2016 is as follows: Restricted Share Units Performance Service Total Weighted-Average Nonvested as of January 1, 2016 91,603 10,872 102,475 $ 53.88 Granted 79,241 9,901 89,142 33.73 Vested 0 0 0 0.00 Forfeited 0 0 0 0.00 Nonvested as of March 31, 2016 170,844 20,773 191,617 $ 44.51
Stock Options [Member]
Activity in Company's Plan	Activity in the Company’s 1999 Stock Option Plan for the three months ended March 31, 2016 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2016 12,000 $ 41.44 Granted 0 $ 0.00 Exercised 0 $ 0.00 Forfeited 0 $ 0.00 Outstanding (exercisable and vested) at March 31, 2016 12,000 $ 41.44 1.6 $ 7
Long Term Incentive Plan [Member]
Activity in Company's Plan	Activity in the Company’s LTIP plan for three months ended March 31, 2016 was as follows: Number of Weighted Weighted Aggregate Outstanding at January 1, 2016 56,250 $ 55.30 Granted 0 $ 0.00 Exercised 0 $ 0.00 Forfeited (3,000 ) $ 71.62 Outstanding (vested and expected to vest) at March 31, 2016 53,250 $ 54.38 6.5 $ 0 Exercisable at March 31, 2016 30,500 $ 58.24 7.3 $ 0

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Summary of Company's Reportable Segment	The following tables present a summary of the Company’s reportable segments for the three months ended March 31, 2016 and 2015. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profit in inventory. During the fourth quarter of 2015, the Company reconfigured a product line in The Americas segment and consolidated its manufacturing processes into the PLP-USA segment. As such, prior year amounts have been reclassified to conform to the current year presentation. Three Months Ended March 31 2016 2015 Net sales PLP-USA $ 34,647 $ 34,130 The Americas 12,452 13,974 EMEA 13,918 14,196 Asia-Pacific 17,665 23,490 Total net sales $ 78,682 $ 85,790 Intersegment sales PLP-USA $ 2,213 $ 2,830 The Americas 1,292 1,375 EMEA 399 423 Asia-Pacific 1,748 1,892 Total intersegment sales $ 5,652 $ 6,520 Income taxes PLP-USA $ (20 ) $ (221 ) The Americas 547 (88 ) EMEA 505 528 Asia-Pacific (34 ) (22 ) Total income taxes $ 998 $ 197 Net income (loss) PLP-USA $ (123 ) $ (1,245 ) The Americas 1,095 (184 ) EMEA 1,694 1,804 Asia-Pacific (8 ) (631 ) Total net income (loss) $ 2,658 $ (256 ) March 31, December 31, Assets PLP-USA $ 109,735 $ 106,854 The Americas 61,938 60,010 EMEA 53,434 50,755 Asia-Pacific 105,350 105,437 330,457 323,056 Corporate assets 313 314 Total assets $ 330,770 $ 323,370

Product Warranty Reserve (Table

Product Warranty Reserve (Tables)	3 Months Ended
	Mar. 31, 2016
Guarantees [Abstract]
Roll Forward of Product Warranty Reserve	The following is a rollforward of the product warranty reserve: Three Months Ended March 31 2016 2015 Beginning of period balance $ 714 $ 892 Additions charged to income 3 32 Warranty usage (41 ) (107 ) Currency translation 12 (34 ) End of period balance $ 688 $ 783

Charges Related to Restructur31

Charges Related to Restructuring Activities (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Summary by Reporting Segment of Accruals as a Result of Restructuring	A summary by reporting segment of the accruals recorded as a result of the restructuring is as follows: Severance Lease Other Total December 31, 2015 Balance PLP-USA $ 150 $ 304 $ 5 $ 459 Asia-Pacific 0 604 0 604 Total $ 150 $ 908 $ 5 $ 1,063 Charges PLP-USA 59 0 0 59 Asia-Pacific 0 0 0 0 Total 59 0 0 59 Payments and other adjustments PLP-USA (209 ) (119 ) (5 ) (333 ) Asia-Pacific 0 (64 ) 0 (64 ) Total (209 ) (183 ) (5 ) (397 ) March 31, 2016 Balance PLP-USA 0 185 0 185 Asia-Pacific 0 540 0 540 Total $ 0 $ 725 $ 0 $ 725

Other Financial Statement Inf32

Other Financial Statement Information - Inventories - Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Finished products	$ 37,544	$ 37,812
Work-in-process	7,121	6,902
Raw materials	35,162	34,854
Inventory, gross	79,827	79,568
Excess of current cost over LIFO cost	(3,893)	(3,538)
Noncurrent portion of inventory	(5,632)	(6,118)
Inventories - net	$ 70,302	$ 69,912

Other Financial Statement Inf33

Other Financial Statement Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Inventory Disclosure [Abstract]
Cost of inventories for certain materials using LIFO method	$ 26.9		$ 26.8
(Benefit) charge to earnings from LIFO inventory changes	$ 0.4	$ 0.1

Other Financial Statement Inf34

Other Financial Statement Information - Property, Plant and Equipment - Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment - Gross	$ 233,673	$ 224,939
Less accumulated depreciation	136,965	132,974
Property and equipment - Net	96,708	91,965
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment - Gross	12,693	12,260
Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment - Gross	72,601	71,711
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment - Gross	140,980	137,599
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment - Gross	$ 7,399	$ 3,369

Pension Plans - Components of N

Pension Plans - Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Service cost	$ 55	$ 27
Interest cost	365	358
Expected return on plan assets	(450)	(465)
Recognized net actuarial loss	123	139
Net periodic benefit cost	$ 93	$ 59

Pension Plans - Additional Info

Pension Plans - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)
Compensation and Retirement Disclosure [Abstract]
Contribution to pension plan	$ 0
Anticipated pension plan contributions to be made during the remainder of the fiscal year	$ 0

Accumulated Other Comprehensi37

Accumulated Other Comprehensive Income ("AOCI") - Summary of Total Changes in AOCI by Component, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (54,151)	$ (35,134)
Other comprehensive income (loss) before reclassifications:
Gain (loss) on foreign currency translation adjustment	3,867	(8,614)
Amounts reclassified from AOCI:
Amortization of defined benefit pension actuarial loss	77	86
Other comprehensive income (loss), net of tax	3,944	(8,528)
Ending Balance	(50,207)	(43,662)
Defined Benefit Pension Plan Activity [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(6,235)	(7,007)
Other comprehensive income (loss) before reclassifications:
Gain (loss) on foreign currency translation adjustment	0	0
Amounts reclassified from AOCI:
Amortization of defined benefit pension actuarial loss	77	86
Other comprehensive income (loss), net of tax	77	86
Ending Balance	(6,158)	(6,921)
Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(47,916)	(28,127)
Other comprehensive income (loss) before reclassifications:
Gain (loss) on foreign currency translation adjustment	3,867	(8,614)
Amounts reclassified from AOCI:
Amortization of defined benefit pension actuarial loss	0	0
Other comprehensive income (loss), net of tax	3,867	(8,614)
Ending Balance	$ (44,049)	$ (36,741)

Computation of Earnings (Loss38

Computation of Earnings (Loss) Per Share - Calculation of Basic and Diluted Earnings (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Numerator
Net income (loss)	$ 2,658	$ (256)
Determination of shares
Weighted-average common shares outstanding	5,211	5,396
Dilutive effect - share-based awards	18	0
Diluted weighted-average common shares outstanding	5,229	5,396
Earnings (loss) per common share
Basic	$ 0.51	$ (0.05)
Diluted	$ 0.51	$ (0.05)

Computation of Earnings (Loss39

Computation of Earnings (Loss) Per Share - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted share units excluded from calculation of diluted earnings (loss) per share	61,800	59,750
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted share units excluded from calculation of diluted earnings (loss) per share	0	12,775

Goodwill and Other Intangible40

Goodwill and Other Intangibles - Finite and Indefinite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Finite-lived intangible assets
Gross Carrying Amount	$ 22,989	$ 22,520
Accumulated Amortization	(11,524)	(11,232)
Indefinite-lived intangible assets Goodwill	16,290	15,821
Patents [Member]
Finite-lived intangible assets
Gross Carrying Amount	4,815	4,815
Accumulated Amortization	(4,799)	(4,799)
Land Use Rights [Member]
Finite-lived intangible assets
Gross Carrying Amount	1,179	1,155
Accumulated Amortization	(182)	(173)
Trademark [Member]
Finite-lived intangible assets
Gross Carrying Amount	1,750	1,713
Accumulated Amortization	(934)	(899)
Technology [Member]
Finite-lived intangible assets
Gross Carrying Amount	3,098	3,021
Accumulated Amortization	(912)	(860)
Customer Relationships [Member]
Finite-lived intangible assets
Gross Carrying Amount	12,147	11,816
Accumulated Amortization	$ (4,697)	$ (4,501)

Goodwill and Other Intangible41

Goodwill and Other Intangibles - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Amortization of Intangible Assets	$ 0.3	$ 0.4
2,016	0.7
2,017	1
2,018	1
2,019	0.9
2,020	$ 0.9
Remaining amortization period	20 years 6 months
Patents [Member]
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Remaining amortization period	9 years 9 months 18 days
Land Use Rights [Member]
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Remaining amortization period	58 years 10 months 24 days
Trademark [Member]
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Remaining amortization period	10 years 1 month 6 days
Technology [Member]
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Remaining amortization period	15 years 7 months 6 days
Customer Relationships [Member]
Schedule Of Acquired Finite And Indefinite Lived Intangible Asset By Major Class [Line Items]
Remaining amortization period	13 years 10 months 24 days

Goodwill and Other Intangible42

Goodwill and Other Intangibles - Changes in Carrying Amount of Goodwill by Segment (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Goodwill [Line Items]
Beginning Balance	$ 15,821
Currency translation	469
Ending Balance	16,290
USA [Member]
Goodwill [Line Items]
Beginning Balance	3,078
Currency translation	0
Ending Balance	3,078
The Americas [Member]
Goodwill [Line Items]
Beginning Balance	3,918
Currency translation	253
Ending Balance	4,171
EMEA [Member]
Goodwill [Line Items]
Beginning Balance	1,301
Currency translation	38
Ending Balance	1,339
Asia-Pacific [Member]
Goodwill [Line Items]
Beginning Balance	7,524
Currency translation	178
Ending Balance	$ 7,702

Share-Based Compensation - Acti

Share-Based Compensation - Activity in Company's Plan (Detail) - 1999 Stock Option Plan [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at January 1, 2016, Number of Shares | shares	12,000
Granted, Number of Shares | shares	0
Exercised, Number of Shares | shares	0
Forfeited, Number of Shares | shares	0
Outstanding (exercisable and vested) at March 31, 2016, Number of Shares | shares	12,000
Outstanding at January 1, 2016, Weighted Average Exercise Price per Share | $ / shares	$ 41.44
Granted, Weighted Average Exercise Price per Share | $ / shares	0
Exercised, Weighted Average Exercise Price per Share | $ / shares	0
Forfeited, Weighted Average Exercise Price per Share | $ / shares	0
Outstanding (exercisable and vested) at March 31, 2016, Weighted Average Exercise Price per Share | $ / shares	$ 41.44
Outstanding (exercisable and vested), Weighted Average Remaining Contractual Term	1 year 7 months 6 days
Outstanding (exercisable and vested) Aggregate Intrinsic Value | $	$ 7

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)Deferralsshares	Mar. 31, 2015USD ($)shares	Dec. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred shares and held by the rabbi trust | shares	296,326		296,635
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised, Number of Shares | shares	0	0
Compensation expenses	$ 0	$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for awards | shares	800,000
Shares remaining to be issued | shares	223,256
Time-Based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expenses	$ 100,000	100,000
Compensation cost expected to be recognized over period	$ 600,000
Weighted-average period	2 years 2 months 12 days
Performance-Based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average period	2 years 6 months
Performance-based compensation expense (income)	$ 300,000	400,000
Maximum [Member] | Service and Performance-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess tax benefits from restricted share awards	100,000	100,000
Grant 2014 [Member] | Performance-Based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reduction in performance-based compensation expense		$ (400,000)
Remaining performance-based compensation expense	$ 3,200,000
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for awards | shares	900,000
LTIP expiry date	Apr. 17, 2018
Deferred Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of deferrals | Deferrals	2
Long Term Incentive Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for awards | shares	100,000
Shares remaining to be issued | shares	11,000
Long Term Incentive Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option issued under plan vest and expire	10 years
Long Term Incentive Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option issued under plan vest and expire	5 years
Long Term Incentive Plan Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised, Number of Shares | shares	0
Weighted-average period	1 year 9 months 18 days
Option issued under plan vest	50.00%
Option issued under plan vest and granted after 2 years	75.00%
Option issued under plan vest and granted after 3 years	100.00%
Estimated Forfeitures	$ 0
Granted, Number of Shares | shares	0	0
Expected compensation cost related to unvested awards not yet recognized	$ 300,000
Long Term Incentive Plan Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expenses	$ 100,000	$ 100,000

Share-Based Compensation - Summ

Share-Based Compensation - Summary of RSUs (Detail)	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested as of January 1, 2016	102,475
Granted	89,142
Vested	0
Forfeited	0
Nonvested as of March 31, 2016	191,617
Nonvested as of January 1, 2016, Weighted-Average Grant-Date Fair Value | $ / shares	$ 53.88
Weighted-Average Grant-Date Fair Value, Granted | $ / shares	33.73
Weighted-Average Grant-Date Fair Value, Vested | $ / shares	0
Weighted-Average Grant-Date Fair Value, Forfeited | $ / shares	0
Nonvested as of March 31, 2016, Weighted-Average Grant- Date Fair Value | $ / shares	$ 44.51
Performance Required [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested as of January 1, 2016	91,603
Granted	79,241
Vested	0
Forfeited	0
Nonvested as of March 31, 2016	170,844
Service Required [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested as of January 1, 2016	10,872
Granted	9,901
Vested	0
Forfeited	0
Nonvested as of March 31, 2016	20,773

Share-Based Compensation - Ac46

Share-Based Compensation - Activity in Company's Plan - Long Term Incentive Plan (Detail) - Long Term Incentive Plan Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at January 1, 2016, Number of Shares	56,250
Granted, Number of Shares	0	0
Exercised, Number of Shares	0
Forfeited, Number of Shares	(3,000)
Outstanding (vested and expected to vest) at March 31, 2016, Number of Shares	53,250
Exercisable at March 31, 2016, Number of Shares	30,500
Outstanding at January 1, 2016, Weighted Average Exercise Price per Share	$ 55.30
Granted, Weighted Average Exercise Price per Share	0
Exercised, Weighted Average Exercise Price per Share	0
Forfeited, Weighted Average Exercise Price per Share	71.62
Outstanding (vested and expected to vest) at March 31, 2016, Weighted Average Exercise Price per Share	54.38
Exercisable at March 31, 2016, Weighted Average Exercise Price per Share	$ 58.24
Outstanding (vested and expected to vest) at March 31, 2016, Weighted Average Remaining Contractual Term	6 years 6 months
Exercisable at March 31, 2016, Weighted Average Remaining Contractual Term	7 years 3 months 18 days
Outstanding (vested and expected to vest) at March 31, 2016 , Aggregate Intrinsic Value	$ 0
Exercisable at March 31, 2016 , Aggregate Intrinsic Value	$ 0

Fair Value of Financial Asset47

Fair Value of Financial Assets and Liabilities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Fair value liabilities Level 2	$ 0

Recently Adopted Accounting P48

Recently Adopted Accounting Pronouncements - Additional Information (Detail) - Adjustments for New Accounting Pronouncement [Member] $ in Millions	Dec. 31, 2015USD ($)
Significant Accounting Policies [Line Items]
Increase (decrease) in deferred tax assets	$ 7.4
Increase (decrease) in deferred tax liabilities	(1)
Restatement Adjustment [Member]
Significant Accounting Policies [Line Items]
Deferred tax assets current	(8.6)
Deferred tax liabilities current	$ (0.2)

Segment Information - Summary o

Segment Information - Summary of Company's Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Net sales
Net sales	$ 78,682	$ 85,790
Income taxes
Income taxes	998	197
Net income (loss)
Net income (loss)	2,658	(256)
ASSETS
Assets	330,770		$ 323,370
Operating Segments [Member] | PLP-USA [Member]
Net sales
Net sales	34,647	34,130
Income taxes
Income taxes	(20)	(221)
Net income (loss)
Net income (loss)	(123)	(1,245)
ASSETS
Assets	109,735		106,854
Operating Segments [Member] | The Americas [Member]
Net sales
Net sales	12,452	13,974
Income taxes
Income taxes	547	(88)
Net income (loss)
Net income (loss)	1,095	(184)
ASSETS
Assets	61,938		60,010
Operating Segments [Member] | EMEA [Member]
Net sales
Net sales	13,918	14,196
Income taxes
Income taxes	505	528
Net income (loss)
Net income (loss)	1,694	1,804
ASSETS
Assets	53,434		50,755
Operating Segments [Member] | Asia-Pacific [Member]
Net sales
Net sales	17,665	23,490
Income taxes
Income taxes	(34)	(22)
Net income (loss)
Net income (loss)	(8)	(631)
ASSETS
Assets	105,350		105,437
Segment Reconciling Items [Member]
Net sales
Net sales	78,682	85,790
Income taxes
Income taxes	998	197
Net income (loss)
Net income (loss)	2,658	(256)
ASSETS
Assets	330,457		323,056
Intersegment Eliminations [Member]
Intersegment sales
Intersegment sales	5,652	6,520
Intersegment Eliminations [Member] | PLP-USA [Member]
Intersegment sales
Intersegment sales	2,213	2,830
Intersegment Eliminations [Member] | The Americas [Member]
Intersegment sales
Intersegment sales	1,292	1,375
Intersegment Eliminations [Member] | EMEA [Member]
Intersegment sales
Intersegment sales	399	423
Intersegment Eliminations [Member] | Asia-Pacific [Member]
Intersegment sales
Intersegment sales	1,748	$ 1,892
Corporate, Non-Segment [Member]
ASSETS
Assets	$ 313		$ 314

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2016
Income Tax Reconciliation [Line Items]
Effective income tax rate		27.00%	(334.00%)
U.S.federal statutory tax rate		35.00%
Deferred tax assets noncurrent	$ 12,704,000	$ 12,746,000
Deferred tax liabilities noncurrent	2,467,000	2,602,000
Net change in valuation allowance from prior year		0
Unrecognized tax benefits		200,000
Decrease in unrecognized tax benefits within next nine months		$ 200,000
Adjustments for New Accounting Pronouncement [Member]
Income Tax Reconciliation [Line Items]
Increase (decrease) in deferred tax assets	7,400,000
Increase (decrease) in deferred tax liabilities	(1,000,000)
Scenario, Forecast [Member]
Income Tax Reconciliation [Line Items]
Effective income tax rate				30.00%
Restatement Adjustment [Member] | Adjustments for New Accounting Pronouncement [Member]
Income Tax Reconciliation [Line Items]
Deferred tax assets current	(8,600,000)
Deferred tax assets noncurrent	8,600,000
Deferred tax liabilities current	(200,000)
Deferred tax liabilities noncurrent	$ 200,000

Product Warranty Reserve - Roll

Product Warranty Reserve - Roll Forward of Product Warranty Reserve (Detail) - Warranty Reserves [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning of period balance	$ 714	$ 892
Additions charged to income	3	32
Warranty usage	(41)	(107)
Currency translation	12	(34)
End of period balance	$ 688	$ 783

Charges Related to Restructur52

Charges Related to Restructuring Activities - Additional Information (Detail) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015Operations
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 59
Infrastructure and Manufacturing Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	100	$ 500
Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0
Number of reconfigured operations | Operations			1

Charges Related to Restructur53

Charges Related to Restructuring Activities - Summary by Reporting Segment of Accruals as a Result of Restructuring (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Total	$ 1,063
Charges	59
Payments and other adjustments	(397)
Total	725
PLP-USA [Member]
Restructuring Cost and Reserve [Line Items]
Total	459
Charges	59
Payments and other adjustments	(333)
Total	185
Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Total	604
Charges	0
Payments and other adjustments	(64)
Total	540
Severance [Member]
Restructuring Cost and Reserve [Line Items]
Total	150
Charges	59
Payments and other adjustments	(209)
Total	0
Severance [Member] | PLP-USA [Member]
Restructuring Cost and Reserve [Line Items]
Total	150
Charges	59
Payments and other adjustments	(209)
Total	0
Severance [Member] | Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Total	0
Charges	0
Payments and other adjustments	0
Total	0
Lease Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Total	908
Charges	0
Payments and other adjustments	(183)
Total	725
Lease Termination Costs [Member] | PLP-USA [Member]
Restructuring Cost and Reserve [Line Items]
Total	304
Charges	0
Payments and other adjustments	(119)
Total	185
Lease Termination Costs [Member] | Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Total	604
Charges	0
Payments and other adjustments	(64)
Total	540
Other [Member]
Restructuring Cost and Reserve [Line Items]
Total	5
Charges	0
Payments and other adjustments	(5)
Total	0
Other [Member] | PLP-USA [Member]
Restructuring Cost and Reserve [Line Items]
Total	5
Charges	0
Payments and other adjustments	(5)
Total	0
Other [Member] | Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Total	0
Charges	0
Payments and other adjustments	0
Total	$ 0