Company: CPS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001320461-25-000131
Chunk: 20

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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)

(Unaudited)

(Dollar amounts in thousands)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net (loss) income$(1,473)$(76,183)$129 $(107,491)Other comprehensive income (loss):Currency translation adjustment13,121 (7,674)19,504 (14,782)Benefit plan liabilities adjustment, net of tax(867)2,889 (1,587)3,042 Pension settlement, net of tax— 48,190 — 48,190 Fair value change of derivatives, net of tax4,665 (6,413)8,588 (2,872)Other comprehensive income, net of tax16,919 36,992 26,505 33,578 Comprehensive income (loss)15,446 (39,191)26,634 (73,913)Comprehensive loss (income) attributable to noncontrolling interests172 (112)165 (601)Comprehensive income (loss) attributable to Cooper-Standard Holdings Inc.$15,618 $(39,303)$26,799 $(74,514)

The accompanying notes are an integral part of these financial statements.

4

COOPER-STANDARD HOLDINGS INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Dollar amounts in thousands except share amounts)

June 30, 2025December 31, 2024 (unaudited)AssetsCurrent assets:Cash and cash equivalents$121,620 $170,035 Accounts receivable, net371,256 310,738 Tooling receivable, net75,387 69,204 Inventories181,318 142,401 Prepaid expenses26,186 25,833 Value added tax receivable56,701 45,120 Other current assets52,922 41,925 Total current assets885,390 805,256 Property, plant and equipment, net534,247 539,201 Operating lease right-of-use assets, net87,045 87,292 Goodwill140,729 140,443 Intangible assets, net31,783 33,805 Other assets140,517 127,068 Total assets$1,819,711 $1,733,065 Liabilities and EquityCurrent liabilities:Debt payable within one year$41,789