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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Sales $ 685,353 $ 736,038 $ 2,070,140 $ 2,142,236
Cost of products sold 609,041 629,504 1,849,245 1,916,160
Gross profit 76,312 106,534 220,895 226,076
Selling, administration & engineering expenses 49,698 49,834 157,472 156,528
Loss on sale of businesses, net 0 334 0 334
Amortization of intangibles 1,628 1,662 4,894 5,141
Restructuring charges 1,516 2,046 20,430 12,924
Impairment charges 0 0 0 654
Operating income 23,470 52,658 38,099 50,495
Interest expense, net of interest income (29,125) (33,803) (87,041) (98,057)
Equity in earnings of affiliates 1,258 682 4,830 1,140
Loss on refinancing and extinguishment of debt 0 0 0 (81,885)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 2,216 0 (44,571) 0
Other expense, net (5,851) (3,816) (14,629) (10,381)
(Loss) income before income taxes (8,032) 15,721 (103,312) (138,688)
Income tax expense 2,861 4,338 15,072 9,461
Net (loss) income (10,893) 11,383 (118,384) (148,149)
Net (income) loss attributable to noncontrolling interests (164) (20) (576) 1,316
Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (11,057) $ 11,363 $ (118,960) $ (146,833)
Earnings per share        
Basic $ (0.63) $ 0.65 $ (6.78) $ (8.47)
Diluted $ (0.63) $ 0.65 $ (6.78) $ (8.47)