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CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Sales $ 340,467 $ 764,698 $ 995,357 $ 1,642,693
Cost of products sold 400,838 666,828 1,012,585 1,429,318
Gross profit (loss) (60,371) 97,870 (17,228) 213,375
Selling, administration & engineering expenses 68,271 74,170 138,942 161,144
Gain on sale of business 0 (189,910) 0 (189,910)
Amortization of intangibles 3,513 5,148 7,963 8,923
Restructuring charges 9,774 5,927 17,050 23,642
Impairment of assets held for sale 12,391 0 86,470 0
Other impairment charges 163 2,188 1,140 2,188
Operating (loss) profit (154,483) 200,347 (268,793) 207,388
Interest expense, net of interest income (12,771) (11,575) (23,008) (23,507)
Equity in (losses) earnings of affiliates (3,011) 1,891 (1,580) 4,249
Other expense, net (4,701) (1,781) (8,141) (2,577)
(Loss) income before income taxes (174,966) 188,882 (301,522) 185,553
Income tax (benefit) expense (38,982) 44,222 (53,099) 46,256
Net (loss) income (135,984) 144,660 (248,423) 139,297
Net loss attributable to noncontrolling interests 1,765 545 3,616 493
Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (134,219) $ 145,205 $ (244,807) $ 139,790
Earnings per share        
Basic $ (7.93) $ 8.39 $ (14.49) $ 8.02
Diluted $ (7.93) $ 8.36 $ (14.49) $ 7.99