Company: CPS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001320461-25-000131
Chunk: 85

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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, 2025$10,078 $2,599 $12,677 

5. Inventories

Inventories consist of the following:June 30, 2025December 31, 2024Finished goods$49,845 $39,299 Work in process41,931 36,785 Raw materials and supplies89,542 66,317 Total$181,318 $142,401 

6. Goodwill and Intangible Assets

GoodwillChanges in the carrying amount of goodwill by reporting unit for the six months ended June 30, 2025 were as follows:Sealing SystemsFluid Handling SystemsIndustrial Specialty GroupTotalBalance as of December 31, 2024$47,404 $80,303 $12,736 $140,443 Foreign exchange translation286 — — 286 Balance as of June 30, 2025$47,690 $80,303 $12,736 $140,729 Goodwill is tested for impairment by reporting unit annually, or more frequently if events or circumstances indicate that an impairment may exist. There were no indicators of potential impairment during the six months ended June 30, 2025.Intangible AssetsDefinite-lived intangible assets and accumulated amortization balances as of June 30, 2025 and December 31, 2024 were as follows:Gross Carrying AmountAccumulatedAmortizationNet Carrying AmountCustomer relationships$152,397 $(140,030)$12,367 Other39,088 (19,672)19,416 Balance as of June 30, 2025$191,485 $(159,702)$31,783 Customer relationships$152,054 $(137,654)$14,400 Other37,737 (18,332)19,405 Balance as of December 31, 2024$189,791 $(155,986)$33,805 

13

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

7. Debt and Other Financing

A summary of outstanding debt as of June 30, 2025 and December 31, 2024 was as follows:June 30, 2025December 31, 2024First Lien Notes$612,266 $610,955