Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 28

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 28
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,111 New charges53 1,090 470 164 1,777 Payments and other adjustments(53)(1,090)(470)(540)(2,153)March 31, 2024$128 $— $— $607 $735 New charges762 1,379 1,634 — 3,775 Payments and other adjustments(766)(1,379)(1,634)(97)(3,876)June 30, 2024$124 $— $— $510 $634 New charges778 1,275 2,164 — 4,217 Payments and other adjustments(902)(1,275)(2,164)(81)(4,422)September 30, 2024$— $— $— $429 $429 Of the $2.7 million costs incurred in the three months ended September 30, 2025 for restructuring, $2.2 million related to headcount reductions and $0.5 million related to facility exit and other costs. Of the $2.7 million costs incurred, $2.4 million were recorded in cost of revenue and $0.3 million were recorded in selling, general and administrative expenses. Of the $4.5 million costs incurred in the nine months ended September 30, 2025 for restructuring, $4.1 million related to headcount reductions and $0.5 million related to facility exit and other costs. Of the $4.5 million costs incurred, $4.0 million were recorded in cost of revenues and $0.5 million were recorded in selling, general and administrative expenses.Of the $4.2 million costs incurred in the three months ended September 30, 2024 for restructuring, $2.8 million related to headcount reductions and $1.4 million related to facility exit and other costs. Of the $4.2 million costs incurred, $3.5 million were recorded in cost of revenues and $0.7 million were recorded in selling, general and administrative expenses. 

Of the $9.8 million costs incurred in the nine months ended September 30, 2024 for restructuring, $7.7 million related to headcount reductions and $2.1 million related to facility exit and other costs. Of the $9.8 million costs incurred, $8.6 million were recorded in cost of revenue and $1.2 million