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Comprehensive Income, (Loss), Equity and Redeemable Noncontrolling Interests
9 Months Ended
Sep. 30, 2012
Comprehensive Income, (Loss), Equity and Redeemable Noncontrolling Interests [Abstract]  
Comprehensive Income, Equity and Redeemable Noncontrolling Interests

9. Comprehensive Income (Loss), Equity and Redeemable Noncontrolling Interests

The components of comprehensive income (loss), net of related tax are as follows:

 

                                                 
    Three Months Ended September 30,  
    2011     2012  
    Total     Cooper-Standard
Holdings Inc.
    Noncontrolling
Interest
    Total     Cooper-Standard
Holdings Inc.
    Noncontrolling
Interest
 

Net income (loss)

  $ 8,099     $ 15,658     $ (7,559   $ 10,358     $ 11,624     $ (1,266

Currency translation adjustment

    (61,159     (59,688     (1,471     8,701       8,260       441  

Pension and other postretirement benefits, net of tax

    17       17       —         (189     (189     —    

Fair value change of derivatives, net of tax

    (94     (94     —         (80     (80     —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Comprehensive income (loss):

  $ (53,137   $ (44,107   $ (9,030   $ 18,790     $ 19,615     $ (825
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
   
    Nine Months Ended September 30,  
    2011     2012  
    Total     Cooper-Standard
Holdings Inc.
    Noncontrolling
Interest
    Total     Cooper-Standard
Holdings Inc.
    Noncontrolling
Interest
 

Net income (loss)

  $ 55,039     $ 79,615     $ (24,576   $ 110,286     $ 112,727     $ (2,441

Currency translation adjustment

    (23,402     (21,017     (2,385     (4,602     (4,285     (317

Pension and other postretirement benefits, net of tax

    1,655       1,655       —         (815     (815     —    

Fair value change of derivatives, net of tax

    (370     (370     —         129       129       —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Comprehensive income (loss):

  $ 32,922     $ 59,883     $ (26,961   $ 104,998     $ 107,756     $ (2,758
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

The following table summarizes the Company’s equity and redeemable noncontrolling interest activity for the nine months ended September 30, 2012:

 

                                 
    Cooper-Standard     Noncontrolling     Total     Redeemable
Noncontrolling
 
    Holdings Inc.     Interest     Equity     Interests  

Equity at January 1, 2012

  $ 597,859     $ 3,344     $ 601,203     $ 14,344  

Net income (loss)

    112,727       (359     112,368       (2,082

Preferred stock dividends

    (5,087     —         (5,087     —    

Preferred stock redemption premium

    (974     —         (974     —    

Repurchase common stock

    (21,292     —         (21,292     —    

Other comprehensive loss

    (4,971     2       (4,969     (319

Stock-based compensation

    7,893       —         7,893       —    

Accretion of redeemable noncontrolling interests

    (4,580     —         (4,580     4,580  
   

 

 

   

 

 

   

 

 

   

 

 

 

Equity at September 30, 2012

  $ 681,575     $ 2,987     $ 684,562     $ 16,523