Company: THRM
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023344
Chunk: 148

Company: Gentherm Inc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1B
Chunk 148
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930

    Other non-current assets

    34,722

    21,730

    Total assets
     
    $
    1,247,556

    $
    1,234,371

    LIABILITIES AND SHAREHOLDERS’ EQUITY

    Current Liabilities:

    Accounts payable
     
    $
    226,815

    $
    215,827

    Current lease liabilities

    7,517

    7,700

    Current maturities of long-term debt

    137

    621

    Other current liabilities

    105,824

    100,805

    Total current liabilities

    340,293

    324,953

    Long-term debt, less current maturities

    220,064

    222,217

    Non-current lease liabilities

    37,052

    16,175

    Pension benefit obligation

    4,017

    3,209

    Other non-current liabilities

    29,183

    23,095

    Total liabilities
     
    $
    630,609

    $
    589,649

    Shareholders’ equity:

    Common Stock:

    No par value; 55,000,000 shares authorized 30,788,639 and 31,542,001 issued and outstanding at December 31, 2024 and December 31, 2023, respectively

    2,049

    50,503

    Paid-in capital

    4,290

    —

    Accumulated other comprehensive loss

    (85,193
    )

    (30,160
    )

    Accumulated earnings

    695,801

    624,379

    Total shareholders’ equity

    616,947

    644,722

    Total liabilities and shareholders’ equity
     
    $
    1,247,556

    $
    1,234,371

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

 F-5

GENTHERM INCORPORATED 

CONSOLIDATED STATEMENTS OF INCOME 

(In thousands, except per share data) 

    Year Ended December 31,

    2024

    2023

    2022

    Product revenues
     
    $
    1,456,