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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Information on Company's Business Segments
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