Company: CPS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001320461-25-000131
Chunk: 19

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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Item 1.         Financial Statements

COOPER-STANDARD HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(Dollar amounts in thousands except per share amounts)

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Sales$705,973 $708,362 $1,373,042 $1,384,787 Cost of products sold612,922 625,422 1,202,813 1,240,204 Gross profit93,051 82,940 170,229 144,583 Selling, administration & engineering expenses51,210 52,408 102,401 107,774 Amortization of intangibles1,710 1,605 3,322 3,266 Restructuring charges2,852 17,781 4,963 18,914 Operating income37,279 11,146 59,543 14,629 Interest expense, net of interest income(28,712)(28,635)(57,331)(57,916)Equity in earnings of affiliates1,708 1,302 3,484 3,572 Pension settlement charge— (46,787)— (46,787)Other (expense) income, net(3,667)(5,129)5,217 (8,778)Income (loss) before income taxes6,608 (68,103)10,913 (95,280)Income tax expense8,081 8,080 10,784 12,211 Net (loss) income(1,473)(76,183)129 (107,491)Net loss (income) attributable to noncontrolling interests72 (60)22 (412)Net (loss) income attributable to Cooper-Standard Holdings Inc.$(1,401)$(76,243)$151 $(107,903)(Loss) income per share:Basic$(0.08)$(4.34)$0.01 $(6.16)Diluted$(0.08)$(4.34)$0.01 $(6.16)

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

3

COOPER-STANDARD HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS