Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 32

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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4$47,404 $80,303 $12,736 $140,443 Foreign exchange translation172 — — 172 Balance as of September 30, 2025$47,576 $80,303 $12,736 $140,615 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 nine months ended September 30, 2025.Intangible AssetsDefinite-lived intangible assets and accumulated amortization balances as of September 30, 2025 and December 31, 2024 were as follows:Gross Carrying AmountAccumulatedAmortizationNet Carrying AmountCustomer relationships$152,427 $(141,103)$11,324 Other39,156 (20,402)18,754 Balance as of September 30, 2025$191,583 $(161,505)$30,078 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 September 30, 2025 and December 31, 2024 was as follows:September 30, 2025December 31, 2024First Lien Notes$612,921 $610,955 Third Lien Notes389,286 388,169 2026 Senior Notes42,472 42,415 Finance leases17,601 18,956 Other borrowings40,759 39,772 Total debt1,103,039 1,100,267 Less: current portion(43,235)(42,428)Total long-term debt$1,059,804 $1,057,839 First Lien NotesOn January 27, 2023, the Company issued $580,000 aggregate principal amount of its 13.50% Cash Pay / PIK Toggle Senior Secured First Lien Notes due 2027 (the “First Lien Notes”). The First Lien