Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 86

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 86
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,316)(217,791)Net (income) loss attributable to noncontrolling interests(616)1,331 2,407 Net loss attributable to Cooper-Standard Holdings Inc.$(78,746)$(201,985)$(215,384)Loss per share:Basic$(4.48)$(11.64)$(12.53)Diluted$(4.48)$(11.64)$(12.53)

The accompanying notes are an integral part of these consolidated financial statements.

44

COOPER-STANDARD HOLDINGS INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Dollar amounts in thousands)

  Year Ended December 31, 202420232022Net loss$(78,130)$(203,316)$(217,791)Other comprehensive income (loss):Currency translation adjustment(24,227)(214)(18,856)Benefit plan liabilities adjustment, net of tax8,798 16,102 5,052 Pension settlement, net of tax48,190 — — Fair value change of derivatives, net of tax(4,312)(8,163)9,433 Other comprehensive income (loss), net of tax28,449 7,725 (4,371)Comprehensive loss(49,681)(195,591)(222,162)Comprehensive (income) loss attributable to noncontrolling interests(832)1,913 1,991 Comprehensive loss attributable to Cooper-Standard Holdings Inc.$(50,513)$(193,678)$(220,171)

The accompanying notes are an integral part of these consolidated financial statements.

45

COOPER-STANDARD HOLDINGS INC.

CONSOLIDATED BALANCE SHEETS

(Dollar amounts in thousands except share amounts) December 31, 20242023AssetsCurrent assets:Cash and cash equivalents$170,035 $154,801 Accounts receivable, net310,738 380,562 Tooling receivable, net69,204 80,225 Inventories142,401 146,846 Prepaid expenses25,833 28,328 Income tax receivable and refundable credits11,576 11,225 Value added tax receivable45,120 69,684 Other current assets30,349 28,915 Total current assets805,256 900,586 Property, plant and equipment, net539,201 608,