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CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Sales $ 764,806 $ 928,262 $ 1,644,844 $ 1,895,653
Cost of products sold 666,828 776,897 1,429,318 1,573,408
Gross profit 97,978 151,365 215,526 322,245
Selling, administration & engineering expenses 74,170 76,339 161,144 156,779
Gain on sale of business (189,910) 0 (189,910) 0
Amortization of intangibles 5,148 3,399 8,923 6,805
Restructuring charges 5,927 10,013 23,642 17,138
Impairment charges 2,188 0 2,188 0
Operating profit 200,455 61,614 209,539 141,523
Interest expense, net of interest income (11,575) (9,973) (23,507) (19,773)
Equity in earnings of affiliates 1,891 1,248 4,249 2,935
Loss on refinancing and extinguishment of debt 0 0 0 (770)
Other expense, net (1,781) (557) (2,577) (2,276)
Income before income taxes 188,990 52,332 187,704 121,639
Income tax expense 44,239 9,130 46,570 21,021
Net income 144,751 43,202 141,134 100,618
Net loss (income) attributable to noncontrolling interests 545 (1,325) 702 (1,949)
Net income attributable to Cooper-Standard Holdings Inc. $ 145,296 $ 41,877 $ 141,836 $ 98,669
Earnings per share        
Basic $ 8.39 $ 2.33 $ 8.14 $ 5.48
Diluted $ 8.36 $ 2.28 $ 8.11 $ 5.36