Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 1

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 1
---
 33,392 Diluted33,885 33,458 33,793 33,392 

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

1

Table of Contents

COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 (Unaudited)(In thousands)Net income (loss)$(7,080)$9,514 $(16,152)$10,852 Other comprehensive income (loss):Foreign currency exchange translation adjustments145 2,699 8,511 (1,157)Minimum pension liability, net of tax83 176 116 (682)Derivative instruments, net of tax(203)(3,658)5,772 (5,601)Other comprehensive income (loss)25 (783)14,399 (7,440)Comprehensive income (loss)$(7,055)$8,731 $(1,753)$3,412 

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

2

COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

September 30, 2025December 31, 2024(Unaudited) (In thousands, except share and per share amounts)ASSETSCurrent Assets:Cash$31,326 $26,630 Accounts receivable, net of allowances of $849 and $554, respectively90,568 118,683 Inventories123,054 128,224 Other current assets31,057 29,763 Total current assets276,005 303,300 Property, plant and equipment, net66,127 68,861 Intangible assets, net3,492 3,918 Deferred income taxes11,969 11,084 Other assets, net42,672 37,410 Total assets$400,265 $424,573 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable$67,050 $77,002 Accrued liabilities and other40,218 40,358 Current portion of long-term debt and short-term debt5,