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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Error Corrections and Prior Period Adjustments Restatement [Line Items]  
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]
The following table presents the impact of these corrections on the Company’s consolidated statements of net income:
 
Year ended December 31, 2018
 
Year ended December 31, 2017
 
As Previously Reported
 
Adjustment
 
As Corrected
 
As Previously Reported
 
Adjustment
 
As Corrected
Sales
$
3,629,293

 
$
(5,251
)
 
$
3,624,042

 
$
3,618,126

 
$
(353
)
 
$
3,617,773

Gross profit
553,556

 
(5,251
)
 
548,305

 
671,439

 
(353
)
 
671,086

Income tax expense (benefit)
(29,683
)
 
283

 
(29,400
)
 
74,527

 
(3,021
)
 
71,506

Net income
104,589

 
(5,534
)
 
99,055

 
138,573

 
2,668

 
141,241

Net loss (income) attributable to noncontrolling interests
3,177

 
1,369

 
4,546

 
(3,270
)
 

 
(3,270
)
Net income attributable to Cooper-Standard Holdings Inc.
107,766

 
(4,165
)
 
103,601

 
135,303

 
2,668

 
137,971

 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
Basic
$
6.02

 
$
(0.23
)
 
$
5.79

 
$
7.61

 
$
0.15

 
$
7.76

Diluted
$
5.89

 
$
(0.23
)
 
$
5.66

 
$
7.21

 
$
0.14

 
$
7.35


The following table presents the impact of these corrections on the Company’s consolidated statements of comprehensive income (loss):
 
Year ended December 31, 2018
 
Year ended December 31, 2017
 
As Previously Reported
 
Adjustment
 
As Corrected
 
As Previously Reported
 
Adjustment
 
As Corrected
Currency translation adjustment
$
(47,397
)
 
$
495

 
$
(46,902
)
 
$
49,600

 
$
(358
)
 
$
49,242

Comprehensive loss (income) attributable to noncontrolling interests
4,804

 
1,368

 
6,172

 
(4,874
)
 

 
(4,874
)
Comprehensive income attributable to Cooper-Standard Holdings Inc.
67,948

 
(3,671
)
 
64,277

 
180,235

 
2,310

 
182,545

The following table presents the impact of these corrections on the Company’s consolidated balance sheets:
 
December 31, 2018
 
As Previously Reported
 
Adjustment
 
As Corrected
Deferred tax assets
$
70,007

 
$
1,042

 
$
71,049

Accrued liabilities
98,907

 
4,069

 
102,976

Deferred tax liabilities
8,233

 
(2,667
)
 
5,566

Other liabilities
29,542

 
7,667

 
37,209

Total liabilities
1,763,601

 
9,069

 
1,772,670

Retained earnings
576,025

 
(6,810
)
 
569,215

Accumulated other comprehensive loss
(246,088
)
 
151

 
(245,937
)
Total Cooper-Standard Holdings Inc. equity
831,465

 
(6,659
)
 
824,806

Noncontrolling interests
28,037

 
(1,368
)
 
26,669

Total equity
859,502

 
(8,027
)
 
851,475

The following table presents the impact of these corrections on the balance as of December 31, 2017 and December 31, 2016 in the Company’s consolidated statements of changes in equity:
 
Balance as of December 31, 2017
 
Balance as of December 31, 2016
 
As Previously Reported
 
Adjustment
 
As Corrected
 
As Previously Reported
 
Adjustment
 
As Corrected
Retained earnings
$
511,367

 
$
(2,645
)
 
$
508,722

 
$
425,972

 
$
(5,313
)
 
$
420,659

Accumulated other comprehensive loss
(197,631
)
 
(343
)
 
(197,974
)
 
(242,563
)
 
15

 
(242,548
)
Total equity
855,089

 
(2,988
)
 
852,101

 
721,791

 
(5,298
)
 
716,493


Summary of Inventories
 
December 31,
 
2019
 
2018
Finished goods
$
57,070

 
$
50,999

Work in process
33,753

 
37,815

Raw materials and supplies
52,616

 
86,758

 
$
143,439

 
$
175,572