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Accumulated Other Comprehensive Income (Loss), Equity and Redeemable Noncontrolling Interests
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2014 and 2015, net of related tax, are as follows:
 
Three Months Ended June 30, 2014
 
Cumulative currency translation adjustment
 
Benefit plan
liability
 
Unrealized gain on investment securities (1)
 
Fair value change of derivatives
 
Accumulated other comprehensive loss
Balance at April 1, 2014
$
3,692

 
$
(33,413
)
 
$
1,146

 
$
78

 
$
(28,497
)
Other comprehensive income (loss) before reclassifications
5,591

 
175

 
—

 
76

 
5,842

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(251
)
 
(1,146
)
 
(55
)
 
(1,452
)
Net current period other comprehensive income (loss)(2)
5,591

 
(76
)
 
(1,146
)
 
21

 
4,390

Balance at June 30, 2014
$
9,283

 
$
(33,489
)
 
$
—

 
$
99

 
$
(24,107
)
 
 
 
 
 
 
 
 
 
 
(1)
The unrealized gain on investment securities that was reclassified out of accumulated other comprehensive income (loss) related to the gain on sale of investment of $1,882, which is recorded in other expense, net, less income tax expense of $736.
(2)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(20). Other comprehensive income (loss) related to the unrealized gain on investment securities is net of a tax effect of $736. Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $(22).

 
Three Months Ended June 30, 2015
 
Cumulative currency translation adjustment
 
Benefit plan
liability
 
Fair value change of derivatives
 
Accumulated other comprehensive loss
Balance at April 1, 2015
$
(99,541
)
 
$
(81,100
)
 
$
(2,595
)
 
$
(183,236
)
Other comprehensive income (loss) before reclassifications(1)
7,177

 
(1,355
)
 
(436
)
 
5,386

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
415

 
89

 
504

Net current period other comprehensive income (loss)(2)
7,177

 
(940
)
 
(347
)
 
5,890

Balance at June 30, 2015
$
(92,364
)
 
$
(82,040
)
 
$
(2,942
)
 
$
(177,346
)
 
 
 
 
 
 
 
 
(1)
Cumulative currency translation adjustment includes $385 of other comprehensive loss related to intra-entity foreign currency transactions that are of a long-term investment nature.
(2)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(264). Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $124.
 
Six Months Ended June 30, 2014
 
Cumulative currency translation adjustment
 
Benefit plan
liability
 
Unrealized gain on investment securities (1)
 
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
3,571

 
334

 
1,146

 
149

 
5,200

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
(417
)
 
(1,146
)
 
(50
)
 
(1,613
)
Net current period other comprehensive income (loss)(2)
3,571

 
(83
)
 
—

 
99

 
3,587

Balance at June 30, 2014
$
9,283

 
$
(33,489
)
 
$
—

 
$
99

 
$
(24,107
)
 
 
 
 
 
 
 
 
 
 
(1)
The unrealized gain on investment securities that was reclassified out of accumulated other comprehensive income (loss) related to the gain on sale of investment of $1,882, which is recorded in other expense, net, less income tax expense of $736.
(2)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(94). Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $(81).
 
Six Months Ended June 30, 2015
 
Cumulative currency translation adjustment (1)
 
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(2)
(40,384
)
 
4,021

 
(1,119
)
 
(37,482
)
Amounts reclassified from accumulated other comprehensive income (loss)
(1,609
)
 
800

 
188

 
(621
)
Net current period other comprehensive income (loss)(3)
(41,993
)
 
4,821

 
(931
)
 
(38,103
)
Balance at June 30, 2015
$
(92,364
)
 
$
(82,040
)
 
$
(2,942
)
 
$
(177,346
)
 
 
 
 
 
 
 
 
(1)
Includes $300 reclassed to paid-in capital related to the purchase of noncontrolling interests.
(2)
Cumulative currency translation adjustment includes $13,933 of other comprehensive loss related to intra-entity foreign currency transactions that are of a long-term investment nature.
(3)
Other comprehensive income (loss) related to the benefit plan liability is net of a tax effect of $(544). Other comprehensive income (loss) related to the fair value change of derivatives is net of a tax effect of $660.

The reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2014 and 2015 are as follows: 
 
Gain (loss) reclassified
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
Details about accumulated other comprehensive income (loss) components
2014
 
2015
 
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
$
81

 
$
(122
)
 
$
74

 
$
(290
)
 
Cost of products sold
 
81

 
(122
)
 
74

 
(290
)
 
Income before income taxes
 
(26
)
 
33

 
(24
)
 
102

 
Income tax expense
 
$
55

 
$
(89
)
 
$
50

 
$
(188
)
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
Amortization of defined benefit and other postretirement benefit plans
 
 
 
 
 
 
 
 
 
Prior service credits
$
169

 
$
85

 
$
251

 
$
172

 
(1)
Actuarial gains (losses)
226

 
(652
)
 
450

 
(1,265
)
 
(1)
 
395

 
(567
)
 
701

 
(1,093
)
 
Income before income taxes
 
(144
)
 
152

 
(284
)
 
293

 
Income tax expense
 
$
251

 
$
(415
)
 
$
417

 
$
(800
)
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
$
306

 
$
(504
)
 
$
467

 
$
621

 
 
(1)
These accumulated other comprehensive income (loss) 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 six months ended June 30, 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)
57,483

 
224

 
57,707

 
(45
)
Warrant exercise(1)
5,013

 
—

 
5,013

 
—

Other comprehensive income (loss)
(38,103
)
 
120

 
(37,983
)
 
—

Stock-based compensation, net
3,042

 
—

 
3,042

 
—

Acquisition of Shenya
—

 
11,709

 
11,709

 
—

Shares issued under stock option plans(1)
(97
)
 
—

 
(97
)
 
—

Purchase of noncontrolling interest
2,862

 
192

 
3,054

 
(3,936
)
Equity at June 30, 2015
$
579,166

 
$
11,993

 
$
591,159

 
$
—

(1)
The Company issued 183,077 shares from the exercise of warrants and 9,165 shares under stock option plans during the six months ended June 30, 2015.