Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 105

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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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 items represent income and expenses that are included in the segment Adjusted EBITDA measure, such as selling, administration and engineering expenses and foreign currency gains and losses.Certain financial information on the Company’s reportable segments was as follows:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Capital expendituresSealing Systems$7,980 $5,575 $21,624 $20,496 Fluid Handling Systems3,869 5,069 15,026 16,732 Total for reportable segments$11,849 $10,644 $36,650 $37,228 Corporate, eliminations and other(658)293 (144)1,786 Consolidated$11,191 $10,937 $36,506 $39,014 September 30, 2025December 31, 2024Segment assetsSealing Systems$857,447 $817,581 Fluid Handling Systems743,734 667,920 Total for reportable segments$1,601,181 $1,485,501 Corporate, eliminations and other260,441 247,564 Consolidated$1,861,622 $1,733,065 

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Item 2.        Management’s Discussion and Analysis of Financial Condition and Results of Operations

This management’s discussion and analysis of financial condition and results of operations is intended to assist in understanding and assessing the trends and significant changes in our results of operations and financial condition.