Company: CVGI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001628280-25-012913
Chunk: 82

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 8
Chunk 82
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 for income taxes27,493 (15,203)20,904 Net income (loss) from continuing operations$(35,734)$43,633 $(16,626)Net income (loss) from discontinued operations - Note 177,867 5,778 (5,345)Net income (loss)(27,867)49,411 (21,971)Earnings (loss) per common shareBasic earnings (loss) per shareIncome (loss) from continuing operations$(1.07)$1.32 $(0.51)Income (loss) from discontinued operations$0.24 $0.18 $(0.17)Diluted earning (loss) per shareIncome (loss) from continuing operations$(1.07)$1.30 $(0.51)Income (loss) from discontinued operations$0.24 $0.17 $(0.17)Weighted average shares outstandingBasic33,418 33,040 32,334 Diluted33,418 33,581 32,334 

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

37

COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

Years Ended December 31, 2024, 2023 and 2022

202420232022 (In thousands)Net income (loss)$(27,867)$49,411 $(21,971)Other comprehensive income (loss):Foreign currency translation adjustments(7,435)1,584 (4,366)Change in defined benefit plans, net of tax437 (384)11,238 Derivative instruments, net of tax(6,061)66 4,016 Other comprehensive income (loss)(13,059)1,266 10,888 Comprehensive income (loss)$(40,926)$50,677 $(11,083)

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

38

COMMERCIAL VEHICLE GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

December 31, 2024 and 2023  

20242023ASSETS(in thousands, except share and per share amounts)Current assets:Cash$26,630 $37,848 Accounts receivable, net of allowances of $554 and $208, respectively118,