Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 72

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 72
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— Foreign exchange contract not designated as hedging instruments$121 $— $121 $— $— $— $— $— Interest rate swap agreement settled in 2025$— $— $— $— $1,069 $— $1,069 $— Liabilities:Foreign exchange contract designated as hedging instruments$— $— $— $— $5,698 $— $5,698 $— Foreign exchange contract not designated as hedging instruments$— $— $— $— $53 $— $53 $— Warrants$2,912 $— $2,912 $— $— $— $— $— The following table summarizes the notional amount of our open foreign exchange contracts:September 30, 2025December 31, 2024U.S. $EquivalentU.S. $EquivalentFair ValueU.S. $EquivalentU.S. $EquivalentFair ValueCommitments to buy or sell currencies - Foreign exchange contract designated as hedging instruments$39,578 $40,073 $54,359 $55,251 Commitments to buy or sell currencies - Foreign exchange contract not designated as hedging instruments$3,851 $3,460 $4,697 $5,023 

13

The following table summarizes the fair value and presentation of financial instruments in the Condensed Consolidated Balance Sheets:  Derivative AssetBalance SheetLocationFair ValueSeptember 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsOther current assets$2,419 $— Foreign exchange contract not designated as hedging instrumentsOther current assets$121 $— Interest rate swap agreement settled in 2025Other assets, net$— $1,069  Derivative LiabilityBalance SheetLocationFair ValueSeptember 30, 2025December 31, 2024Foreign exchange contract designated as hedging instrumentsAccrued liabilities and other$— $5,648 Foreign exchange contract designated as hedging instrumentsOther long-term liabilities$— $50 Foreign exchange contracts not designated as hedging instrumentsAccrued liabilities and other$— $53  Derivative EquityBalance SheetLocationFair ValueSeptember 30, 2025