Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 8

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 8
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 interim and annual reporting periods. This information is generally not presented in the financial statements today. The ASU also requires disclosure of the total amount of selling expenses and our definition of selling expenses. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. We are currently evaluating the impact of adopting this ASU on our consolidated financial statements and related disclosures.

3. Revenue Recognition 

We had outstanding customer accounts receivable, net of allowances, of $90.6 million as of September 30, 2025 and $118.7 million as of December 31, 2024. We generally do not have material other assets or liabilities associated with customer arrangements.Revenue Disaggregation - The following is the composition, by product category, of our revenues: Three Months Ended September 30, 2025Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsTotalSeats$67,903 $— $— $67,903 Electrical wire harnesses, panels and assemblies804 49,491 — 50,295 Plastic & Trim components— — 26,282 26,282 Mirrors, wipers and controls— — 8,009 8,009 Total$68,707 $49,491 $34,291 $152,489 Three Months Ended September 30, 2024Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsTotalSeats$75,704 $— $— $75,704 Electrical wire harnesses, panels and assemblies939 46,714 — 47,653 Plastic & Trim components— — 37,183 37,183 Mirrors, wipers and controls— — 11,232 11,232 Total$76,643 $46,714 $48,415 $171,772 Nine Months Ended September 30, 2025Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsTotalSeats$214,070 $— $— $214,070 Electrical wire harnesses, panels and assemblies2,504 153,527 — 156,031 Plastic & Trim components— — 96,675 96,675 Mirrors, wipers and controls— — 27,464 27,464 Total$216,574