Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 50

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 and foreign currency gains and losses.

24

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)(Unaudited)(Dollar amounts in thousands except per share and share amounts)

Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024Sealing SystemsFluid Handling SystemsTotalSealing SystemsFluid Handling SystemsTotalGross reportable segment sales$1,089,923 $957,268 $1,104,145 $958,234 Intersegment sales32,466 2,274 34,555 16,238 Total reportable segment sales$1,057,457 $954,994 $2,012,451 $1,069,590 $941,996 $2,011,586 Reconciliation of segment salesCorporate, eliminations and other (a)56,093 58,554 Total consolidated sales$2,068,544 $2,070,140 Cost of products sold (b)$917,768 $843,595 $947,947 $852,567 Other segment items (c)36,179 34,391 35,333 39,076 Total reportable segment adjusted EBITDA$103,510 $77,008 $180,518 $86,310 $50,353 $136,663 Corporate, eliminations and other(5,786)(10,257)Restructuring charges6,934 1,268 8,498 12,261 2,798 20,430 Depreciation and amortization36,717 29,140 73,232 39,450 29,555 78,252 Gain on sale of businesses, net(98)— Pension settlement charge— 44,571 Interest expense, net of interest income85,945 87,041 Income tax expense14,648 15,072 Total consolidated net loss$(7,493)$(118,960)(a)    Includes revenue from the Industrial and Specialty Group business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.(b)    Includes depreciation consistent with the Company's condensed consolidated statements of operations. Depreciation is subsequently excluded from segment adjusted EBITDA through the "Other segment items" row to align with management's performance measure.(c)    Other segment