Company: CVGI
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001290900-25-000010
Chunk: 26

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 26
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 Tax AmountBefore TaxAmountTax ExpenseAfter Tax AmountNet current period changeCumulative translation adjustment$(1,297)$— $(1,297)$(3,856)$— $(3,856)Net actuarial gain (loss) and prior service credit(498)1 (497)(1,073)2 (1,071)Derivative instruments(3,880)1,009 (2,871)(132)(13)(145)Net unrealized gain (loss)(5,675)1,010 (4,665)$(5,061)$(11)$(5,072)Amounts reclassified into  earnings:Actuarial gain and prior service cost106 — 106 $213 $— $213 Derivative instruments(1,495)391 (1,104)(2,370)572 (1,798)Net realized gain (loss)(1,389)391 (998)(2,157)572 (1,585)Total other comprehensive income (loss)$(7,064)$1,401 $(5,663)$(7,218)$561 $(6,657)

As of June 30, 2025, the Company estimates that net pre-tax derivative income of $2.7 million included in Accumulated other comprehensive income (loss) will be reclassified into earnings within the next 12 months. 

18

14.  Cost Reduction and Manufacturing Capacity Rationalization 

The Company's restructuring program seeks to align cost structure to support margin expansion. The program includes workforce reductions and footprint optimization across segments.The changes in accrued restructuring balances are as follows: Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsCorporate/OtherTotalDecember 31, 2024$28 $— $— $360 $388 New charges— 530 45 127 702 Payments and other adjustments(28)(530)(45)(129)(732)March 31, 2025$— $— $— $358 $358 New charges358 539 243 — 1,140 Payments and other adjustments(358)(539)(243)(133)(1,273)June 30, 2025$— $— $— $225 $225 Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsCorporate/OtherTotalDecember 31, 2023$128