Company: SSUP
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034599
Chunk: 158

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 158
---
 other   comprehensive income (loss), net of tax

    —

    —

    27,702

    40,015

    (739
    )

    —

    66,978

    Common stock issued, net of shares   withheld for employee taxes

    1,075,315

    —

    —

    —

    —

    —

    —

    Stock-based compensation

    —

    4,235

    —

    —

    —

    —

    4,235

    Redeemable preferred 9% dividend    and accretion

    —

    —

    —

    —

    —

    (38,969
    )

    (38,969
    )

    Noncontrolling redeemable equity   dividend

    —

    —

    —

    —

    —

    (35
    )

    (35
    )

    BALANCE AT DECEMBER 31, 2023

    28,091,440

    $
    115,340

    $
    (83,002
    )
     
    $
    59,859

    $
    852

    $
    (178,989
    )
     
    $
    (85,940
    )

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

41

SUPERIOR INDUSTRIES INTERNATIONAL, INC. 

CONSOLIDATED STATEMENTS OF CASH FLOWS 

(Dollars in thousands) 

    Fiscal Year Ended December 31,
     
    2024

    2023

    CASH FLOWS FROM OPERATING ACTIVITIES:

    Net income (loss)
     
    $
    (78,182
    )
     
    $
    (92,852
    )

    Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:

    Depreciation and amortization

    86,416

    92,991

    Income tax, noncash changes

    21,016

    (27,307
    )

    Stock-based compensation

    9,044

    7,542

    Amortization of debt issuance costs

    5,779

    4,774

    Loss on deconsolidation of subsidiary

    —

    79,629

    Loss on extinguishment of debt

    13,052

    —

    Other noncash items

    (9