Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 142

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 142
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Brazil19,701 27,181 Other79,702 86,246 Consolidated$539,201 $608,431 

Customer Concentration

Sales to customers of the Company which contributed 10% or more of its total consolidated sales and the related percentage of consolidated Company sales for 2024, 2023 and 2022 was as follows:2024% of Net Sales2023% of Net Sales2022% of Net SalesCustomerFord27 %25 %25 %General Motors19 %17 %19 %Stellantis10 %13 %14 %

83

SCHEDULE II

Valuation and Qualifying Accounts(Dollars amounts in millions) DescriptionBalance at beginning of periodCharged to ExpensesCharged (credited) to other accounts (1)Deductions (2)Balance at end of periodAllowance for credit losses:Year ended December 31, 2024$5.9 1.5 1.1 (3.1)$5.4 Year ended December 31, 2023$17.2 1.9 (12.4)(0.8)$5.9 Year ended December 31, 2022$20.3 (0.2)(2.1)(0.8)$17.2 (1)     Primarily usage of a previously recorded allowance for credit loss resulting from the bankruptcy proceedings of a divested joint venture for the year ended December 31, 2023, and foreign currency translation for the years ended December 31, 2022.(2)    Includes impact of divestitures.DescriptionBalance at beginning of periodAdditions Balance at end of periodCharged to IncomeCharged to Equity (3)DeductionsTax valuation allowance:Year ended December 31, 2024$438.7 38.8 (4)(30.8)(41.5)(4)$405.2 Year ended December 31, 2023$384.8 47.3 (5)6.6 — $438.7 Year ended December 31, 2022$335.0 65.6 (6)(15.8)— $384.8 (3)     Includes foreign currency translation.(4)    Primarily related to valuation reversals of $41.5