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Accumulated Other Comprehensive Income (Loss), Equity and Redeemable Noncontrolling Interests
 3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss), Equity and Redeemable Noncontrolling Interests
Accumulated Other Comprehensive Income (Loss), Equity and Redeemable Noncontrolling Interests
The changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2014 and 2015, net of related tax, are as follows:
 
Three Months Ended March 31, 2014
 
Cumulative currency translation adjustment
 
Benefit plan
liability
 
Unrealized gain on investment securities
 
Fair value change of derivatives
 
Accumulated other comprehensive loss
Balance at January 1, 2014
$
5,712

 
$
(33,406
)
 
$
—

 
$
—

 
$
(27,694
)
Other comprehensive income (loss) before reclassifications
(2,020
)
 
159

 
1,146

 
73

 
(642
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(166
)
 
—

 
5

 
(161
)
Net current period other comprehensive income (loss)(1)
(2,020
)
 
(7
)
 
1,146

 
78

 
(803
)
Balance at March 31, 2014
$
3,692

 
$
(33,413
)
 
$
1,146

 
$
78

 
$
(28,497
)
 
 
 
 
 
 
 
 
 
 
(1)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(74). Other comprehensive income (loss) related to the unrealized gain on investment securities is net of a tax effect of $(703). Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $(59).
 
Three Months Ended March 31, 2015
 
Cumulative currency translation adjustment(2)
 
Benefit plan
liability
 
Fair value change of derivatives
 
Accumulated other comprehensive loss
Balance at January 1, 2015
$
(50,371
)
 
$
(86,861
)
 
$
(2,011
)
 
$
(139,243
)
Other comprehensive income (loss) before reclassifications
(47,261
)
 
5,377

 
(683
)
 
(42,567
)
Amounts reclassified from accumulated other comprehensive income (loss)
(1,909
)
 
384

 
99

 
(1,426
)
Net current period other comprehensive income (loss)(1)
(49,170
)
 
5,761

 
(584
)
 
(43,993
)
Balance at March 31, 2015
$
(99,541
)
 
$
(81,100
)
 
$
(2,595
)
 
$
(183,236
)
 
 
 
 
 
 
 
 
(1)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(280). Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $536.
(2)
Includes $300 reclassed to paid-in capital related to the purchase of noncontrolling interests.
 
 
The reclassifications out of accumulated other comprehensive income (loss) for the three months ended March 31, 2014 and 2015 are as follows: 
 
Gain (loss) reclassified
 
 
 
Three Months Ended March 31,
 
 
Details about accumulated other comprehensive income (loss) components
2014
 
2015
 
Location of gain (loss) reclassified into income
Cumulative currency translation adjustment
—

 
1,609

 
Other income, net
 
 
 
 
 
 
Fair value change of derivatives
 
 
 
 
 
Foreign exchange contracts
$
(7
)
 
$
(168
)
 
Cost of products sold
 
(7
)
 
(168
)
 
Income before income taxes
 
2

 
69

 
Income tax expense
 
$
(5
)
 
$
(99
)
 
Consolidated net income
 
 
 
 
 
 
Amortization of defined benefit and other postretirement benefit plans
 
 
 
 
 
Prior service credits
$
82

 
$
87

 
(1)
Actuarial gains (losses)
224

 
(612
)
 
(1)
 
306

 
(525
)
 
Income before income taxes
 
(140
)
 
141

 
Income tax expense
 
$
166

 
$
(384
)
 
Consolidated net income
 
 
 
 
 
 
Total reclassifications for the period
$
161

 
$
1,126

 
 
(1)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 7. “Pension and Postretirement Benefits other than Pensions” for additional details.)
The following table summarizes the Company’s equity and redeemable noncontrolling interest activity for the three months ended March 31, 2015:
 
Cooper-Standard Holdings Inc.
 
Noncontrolling Interests
 
Total Equity
 
Redeemable Noncontrolling Interest
Equity at January 1, 2015
$
548,966

 
$
(252
)
 
$
548,714

 
$
3,981

Net income (loss)
20,987

 
186

 
21,173

 
(45
)
Warrant exercise
24

 
—

 
24

 
—

Other comprehensive income (loss)
(43,993
)
 
109

 
(43,884
)
 
—

Stock-based compensation, net
1,546

 
—

 
1,546

 
—

Acquisition of Shenya
—

 
11,368

 
11,368

 
—

Shares issued under stock option plans
(71
)
 
—

 
(71
)
 
—

Purchase of noncontrolling interest
2,862

 
192

 
3,054

 
(3,936
)
Equity at March 31, 2015
$
530,321

 
$
11,603

 
$
541,924

 
$
—