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Segment Reporting
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Reporting
The Company has determined that it operates in four reportable segments: North America, Europe, Asia Pacific and South America. The Company’s principal products within each of these segments are sealing, fuel and brake delivery, and fluid transfer systems. During the first quarter of 2019 and in prior periods, the Company also operated an anti-vibration systems product line. On April 1, 2019, the Company completed the divestiture of the AVS product line.
Effective January 1, 2019, the Company changed the measurement of its operating segments to segment adjusted EBITDA. The results of each segment include certain allocations for general, administrative and other shared costs. Segment adjusted EBITDA may not be comparable to similarly titled measures reported by other companies.
Certain financial information on the Company’s reportable segments was as follows:
 
 
Three Months Ended June 30,
 
 
2019

2018
 
 
External Sales
 
Intersegment Sales
 
Adjusted EBITDA
 
External Sales
 
Intersegment Sales
 
Adjusted EBITDA
North America
 
$
404,863

 
$
3,235

 
$
54,867

 
$
477,608

 
$
3,993

 
$
82,672

Europe
 
216,217

 
3,121

 
6,082

 
279,124

 
3,710

 
16,292

Asia Pacific
 
118,603

 
877

 
(1,586
)
 
147,994

 
1,275

 
11,304

South America
 
25,123

 
48

 
(1,284
)
 
23,536

 
41

 
(2,361
)
Eliminations and other
 
—

 
(7,281
)
 
—

 
—

 
(9,019
)
 
—

Consolidated
 
$
764,806

 
$
—

 
$
58,079

 
$
928,262

 
$
—

 
$
107,907

 
 
Six Months Ended June 30,
 
 
2019
 
2018
 
 
External Sales
 
Intersegment Sales
 
Adjusted EBITDA
 
External Sales
 
Intersegment Sales
 
Adjusted EBITDA
North America
 
$
879,570

 
$
6,686

 
$
112,431

 
$
976,786

 
$
7,619

 
$
169,448

Europe
 
470,816

 
6,206

 
15,523

 
571,525

 
7,417

 
39,260

Asia Pacific
 
246,098

 
1,618

 
(819
)
 
297,169

 
2,994

 
24,794

South America
 
48,360

 
53

 
(2,670
)
 
50,173

 
55

 
(2,958
)
Eliminations and other
 
—

 
(14,563
)
 
—

 
—

 
(18,085
)
 
—

Consolidated
 
$
1,644,844

 
$
—

 
$
124,465

 
$
1,895,653

 
$
—

 
$
230,544

 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019

2018
Adjusted EBITDA
 
$
58,079

 
$
107,907

 
$
124,465

 
$
230,544

Gain on sale of business
 
189,910

 
—

 
189,910

 
—

Restructuring charges
 
(5,927
)
 
(10,013
)
 
(23,642
)
 
(17,138
)
Impairment charges
 
(2,188
)
 
—

 
(2,188
)
 
—

Project costs
 
(405
)
 
—

 
(1,668
)
 
—

Lease termination costs
 
(491
)
 
—

 
(491
)
 
—

Loss on refinancing and extinguishment of debt
 
—

 
—

 
—

 
(770
)
EBITDA
 
$
238,978

 
$
97,894

 
$
286,386

 
$
212,636

Income tax expense
 
(44,239
)
 
(9,130
)
 
(46,570
)
 
(21,021
)
Interest expense, net of interest income
 
(11,575
)
 
(9,973
)
 
(23,507
)
 
(19,773
)
Depreciation and amortization
 
(37,868
)
 
(36,914
)
 
(74,473
)
 
(73,173
)
Net income attributable to Cooper-Standard Holdings Inc.
 
$
145,296

 
$
41,877

 
$
141,836

 
$
98,669


 
June 30,
2019
 
December 31,
2018
Segment assets
 
 
 
North America
$
1,239,977

 
$
1,174,604

Europe
597,866

 
541,495

Asia Pacific
610,520

 
616,093

South America
67,789

 
54,629

Eliminations and other
188,682

 
236,282

Consolidated
$
2,704,834

 
$
2,623,103