Company: CPS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001320461-25-000156
Chunk: 103

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 103
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 its estimates as new information becomes available. While the Company’s costs to defend and settle known claims arising under environmental laws have not been material in the past and are not currently estimated to have a material adverse effect on the Company’s financial condition, such costs may be material to the Company’s financial statements in the future.

16. Segment Reporting

The Company’s business is organized in two reportable segments: Sealing Systems and Fluid Handling Systems. These reportable segments represent the operating segments that are evaluated by management, including the Chief Operating Decision Maker, to assess performance and allocate resources. Both segments meet the quantitative thresholds for separate disclosure under ASC 820. All other business activities are reported in Corporate, eliminations and other.The Company uses segment adjusted EBITDA as the measure of earnings to evaluate segment performance and determine resource allocation. The results of each segment include certain allocations for general, administrative and other shared costs. Segment adjusted EBITDA may not be comparable to similarly titled measures reported by other companies.

23

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

Three Months Ended September 30, 2025Three Months Ended September 30, 2024Sealing SystemsFluid Handling SystemsTotalSealing SystemsFluid Handling SystemsTotalGross reportable segment sales$359,694 $329,292 $364,125 $319,781 Intersegment sales10,916 726 10,760 6,042 Total reportable segment sales$348,778 $328,566 $677,344 $353,365 $313,739 $667,104 Reconciliation of segment salesCorporate, eliminations and other (a)18,158 18,249 Total consolidated sales$695,502 $685,353 Cost of products sold (b)$305,476 $287,460 $313,491 $279,160 Other segment items (c)12,449 12,077 9,970 11,490 Total reportable segment adjusted EBITDA$30,853 $29,029 $59,882 $29,904 $23,089 $52,993 Corporate, eliminations and other(6,630)(6,848)Restructuring charges2,678 735 3,535 1,087 (27)1,516 Deprec