Company: CVGI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001628280-25-022764
Chunk: 24

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 24
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)Total income (loss) from discontinued operations, net of tax$(1,173)$1,493 

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The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Operations attributable to each discontinued operation for the three and three months ended March 31, 2025 and 2024. Three Months Ended March 31,20252024Income (loss) from discontinued operations attributable to Cab structures business:Revenues$(657)$33,140 Cost of revenues366 29,141 Gross profit(1,023)3,999 Selling, general and administrative expenses— — Operating income (loss)(1,023)3,999 Income (loss) before provision for income taxes(1,023)3,999 Provision (benefit) for income taxes of discontinued operations— 979 Net income (loss) from discontinued operations, net of income taxes$(1,023)$3,020 Three Months Ended March 31,20252024Income (loss) from discontinued operations attributable to Industrial Automation segment:Revenues$(150)$4,302 Cost of revenues— 4,799 Gross profit(150)(497)Selling, general and administrative expenses— 1,439 Operating income (loss)(150)(1,936)Interest expense— 65 Income (loss) before provision for income taxes(150)(2,001)Provision (benefit) for income taxes of discontinued operations— (474)Net income (loss) from discontinued operations, net of income taxes$(150)$(1,527)The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Cash Flows attributable to discontinued operations for the three months ended March 31, 2025 and 2024. Three Months Ended March 31,20252024CASH FLOWS FROM DISCONTINUED OPERATIONS:Net cash provided by operating activities$157 $2,476 Net cash used in investing activities— (222)Total cash provided by discontinued operations$157 $2,254 

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ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The discussion and analysis below described material changes in financial condition and results of operations as reflected in our condensed consolidated financial statements for the three months ended March 31, 2025 and 2024. This discussion and analysis