Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 49

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 not be comparable to similarly titled measures reported by other companies.

23

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)(Unaudited)(Dollar amounts in thousands except per share and share amounts)

Three Months Ended September 30, 2025Three Months Ended September 30, 2024Sealing SystemsFluid Handling SystemsTotalSealing SystemsFluid Handling SystemsTotalGross reportable segment sales$359,694 $329,292 $364,125 $319,781 Intersegment sales10,916 726 10,760 6,042 Total reportable segment sales$348,778 $328,566 $677,344 $353,365 $313,739 $667,104 Reconciliation of segment salesCorporate, eliminations and other (a)18,158 18,249 Total consolidated sales$695,502 $685,353 Cost of products sold (b)$305,476 $287,460 $313,491 $279,160 Other segment items (c)12,449 12,077 9,970 11,490 Total reportable segment adjusted EBITDA$30,853 $29,029 $59,882 $29,904 $23,089 $52,993 Corporate, eliminations and other(6,630)(6,848)Restructuring charges2,678 735 3,535 1,087 (27)1,516 Depreciation and amortization12,296 10,149 24,883 12,922 10,077 25,916 Pension settlement credit— (2,216)Interest expense, net of interest income28,614 29,125 Income tax expense3,864 2,861 Total consolidated net loss$(7,644)$(11,057)(a)    Includes revenue from the Industrial and Specialty Group business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.(b)    Includes depreciation consistent with the Company's condensed consolidated statements of operations. Depreciation is subsequently excluded from segment adjusted EBITDA through the "Other segment items" row to align with management's performance measure.(c)    Other segment items represent income and expenses that are included in the segment Adjusted EBITDA measure, such as selling, administration and engineering expenses