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Accumulated Other Comprehensive Loss, Equity and Redeemable Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Loss, Equity and Redeemable Noncontrolling Interests [Abstract]  
Changes in Accumulated other comprehensive loss

The changes in accumulated other comprehensive loss by component for the three months ended March 31, 2013, net of related tax are as follows:

 

                                 
    Cumulative
currency
translation
adjustment
    Benefit
plan

liability
    Fair value
change of
derivatives
    Accumulated
other
comprehensive
loss
 

Balance at January 1, 2013

  $ 18,320     $ (64,018   $ 250     $ (45,448

Other comprehensive income (loss) before reclassifications

    (9,292     792       491       (8,009

Amounts reclassified from accumulated other comprehensive income (loss)

    —         216       (7     209  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net current period other comprehensive income (loss)

    (9,292     1,008       484       (7,800
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2013

  $ 9,028     $ (63,010   $ 734     $ (53,248
   

 

 

   

 

 

   

 

 

   

 

 

 
Reclassifications out of accumulated other comprehensive income

The reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2013 are as follows:

 

             

Details about accumulated other comprehensive loss components

  Gain (loss)
reclassified
   

Location of gain (loss) reclassified into income

Fair value change of derivatives

           

Interest rate contracts

  $ (40   Interest expense, net of interest income

Foreign exchange contracts

    50     Cost of products sold
   

 

 

     
      10     Income before income taxes
      (3   Provision for income tax expense
   

 

 

     
    $ 7     Consolidated net income
   

 

 

     
     

Amortization of defined benefit and other postretirement benefit plans

           

Prior service credits

  $ 159  1      

Actuarial losses

    (472 ) 1      
   

 

 

     
      (313   Income before income taxes
      97     Benefit for income tax expense
   

 

 

     
    $ (216   Consolidated net income
   

 

 

     
     

Total reclassifications for the period

  $ (209    
   

 

 

     

 

1

These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 6. “Pension and Postretirement Benefits other than Pensions” for additional details.)

Summary of equity and redeemable noncontrolling interest activity

The following table summarizes the Company’s equity and redeemable noncontrolling interest activity for the three months ended March 31, 2013:

 

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

Equity at January 1, 2013

  $ 628,326     $ 905     $ 629,231     $ 14,194  

Net income (loss)

    20,701       (8     20,693       (820

Preferred stock dividends

    (1,677     —         (1,677     —    

Repurchase common stock

    (11,098     —         (11,098     —    

Other comprehensive loss

    (7,800     —         (7,800     (130

Stock-based compensation

    2,970       —         2,970       —    

Accretion of redeemable noncontrolling interests

    (219     —         (219     219  

Purchase of noncontrolling interest

    (885     (1,026     (1,911     —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Equity at March 31, 2013

  $ 630,318     $ (129   $ 630,189     $ 13,463