Company: CVGI
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001290900-25-000010
Chunk: 74

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 74
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 designated as hedging instruments$62 $— $62 $— $5,698 $— $5,698 $— Foreign exchange contract not designated as hedging instruments$— $— $— $— $53 $— $53 $— Warrants$2,636 $— $2,636 $— $— $— $— $— 

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The following table summarizes the notional amount of our open foreign exchange contracts:June 30, 2025December 31, 2024U.S. $EquivalentU.S. $EquivalentFair ValueU.S. $EquivalentU.S. $EquivalentFair ValueCommitments to buy or sell currencies - Foreign exchange contract designated as hedging instruments$33,353 $33,714 $54,359 $55,251 Commitments to buy or sell currencies - Foreign exchange contract not designated as hedging instruments$6,753 $6,108 $4,697 $5,023 The following table summarizes the fair value and presentation of financial instruments in the Condensed Consolidated Balance Sheets:  Derivative AssetBalance SheetLocationFair ValueJune 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsOther current assets$2,304 $— Foreign exchange contract not designated as hedging instrumentsOther current assets$89 $— Interest rate swap agreement settled in 2025Other assets, net$— $1,069  Derivative LiabilityBalance SheetLocationFair ValueJune 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsAccrued liabilities and other$— $5,648 Foreign exchange contract designated as hedging instrumentsOther long-term liabilities$— $50 Foreign exchange contracts not designated as hedging instrumentsAccrued liabilities and other$62 $53  Derivative EquityBalance SheetLocationFair ValueJune 30, 2025December 31, 2024Foreign exchange contracts designated as hedging instrumentsAccumulated other comprehensive income (loss)$2,596 $(2,119)Interest rate swap agreementsAccumulated other comprehensive income$2,157 $897 The following table summarizes the effect of financial instruments on the Condensed Consolidated Statements of Operations:Three Months Ended June 30,Six