Company: ST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001477294-25-000067
Chunk: 62

Company: Sensata Technologies Holding plc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 62
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ifications from accumulated other comprehensive loss, net of tax(1,420)494 — (926)Other comprehensive (loss)/income(4,535)494 3,924 (117)Balance as of March 31, 2025$(12,448)$(11,196)$(19,016)$(42,660)The following table presents the amounts reclassified from accumulated other comprehensive loss for the three months ended March 31, 2025 and 2024:For the three months ended March 31, Affected Line in Condensed Consolidated Statements of OperationsComponent20252024Derivative instruments designated and qualifying as cash flow hedges:Foreign currency forward contracts $(5,027)$(108)Net revenue (1)Foreign currency forward contracts 3,114 (7,354)Cost of revenue (1)Total, before taxes(1,913)(7,462)Income before taxesIncome tax effect493 1,925 Provision for income taxesTotal, net of taxes$(1,420)$(5,537)Net incomeDefined benefit and retiree healthcare plansDefined benefit and retiree healthcare plans$(9)$296 Other, netDefined benefit and retiree healthcare plans721 — Restructuring and other charges, netTotal, before taxes712 296 Income before taxesIncome tax effect(218)(69)Provision for income taxesTotal, net of taxes$494 $227 Net income___________________________________(1)    Refer to Note 14: Derivative Instruments and Hedging Activities for additional information regarding amounts to be reclassified from accumulated other comprehensive loss in future periods.

13

13. Fair Value Measures

Measured on a Recurring BasisThe fair values of our assets and liabilities measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024 are shown in the below table. March 31,2025December 31,2024AssetsCash equivalents (Level 1)$333,484 $243,640 Foreign currency forward contracts (Level 2)6,544 19,110 Commodity forward contracts (Level 2)3,803 1,486 Total$343,831 $264,236 LiabilitiesForeign currency forward contracts (Level 2)$19,714 $27,648 Commodity forward contracts (Level 2)256 1,262 Total$19,970 $28,910