Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 19

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 19
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 $— $2,912 $— $— $— $— $— The following table summarizes the notional amount of our open foreign exchange contracts:September 30, 2025December 31, 2024U.S. $EquivalentU.S. $EquivalentFair ValueU.S. $EquivalentU.S. $EquivalentFair ValueCommitments to buy or sell currencies - Foreign exchange contract designated as hedging instruments$39,578 $40,073 $54,359 $55,251 Commitments to buy or sell currencies - Foreign exchange contract not designated as hedging instruments$3,851 $3,460 $4,697 $5,023 

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The following table summarizes the fair value and presentation of financial instruments in the Condensed Consolidated Balance Sheets:  Derivative AssetBalance SheetLocationFair ValueSeptember 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsOther current assets$2,419 $— Foreign exchange contract not designated as hedging instrumentsOther current assets$121 $— Interest rate swap agreement settled in 2025Other assets, net$— $1,069  Derivative LiabilityBalance SheetLocationFair ValueSeptember 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsAccrued liabilities and other$— $5,648 Foreign exchange contract designated as hedging instrumentsOther long-term liabilities$— $50 Foreign exchange contracts not designated as hedging instrumentsAccrued liabilities and other$— $53  Derivative EquityBalance SheetLocationFair ValueSeptember 30, 2025December 31, 2024Foreign exchange contracts designated as hedging instrumentsAccumulated other comprehensive income (loss)$2,773 $(2,119)Interest rate swap agreementsAccumulated other comprehensive income$1,778 $897 The following table summarizes the effect of financial instruments on the Condensed Consolidated Statements of Operations:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Location of Gain (Loss) on Derivatives Recognized in Income (Loss)Amount of Gain (Loss) on Derivatives Recognized in Income (Loss)Amount of Gain (Loss) on Derivatives Recognized in Income (