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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Sales $ 2,375,439 $ 3,108,400 $ 3,624,042
Cost of products sold 2,227,892 2,749,278 3,075,737
Gross profit 147,547 359,122 548,305
Selling, administration & engineering expenses 263,611 302,496 314,805
Gain (Loss) on Disposition of Business (2,834) (191,571) 0
Gain on sale of land 0 0 10,377
Amortization of intangibles 11,611 17,966 14,844
Impairment of assets held for sale 86,470 0 0
Goodwill impairment charges 0 0 (45,281)
Other impairment charges 17,893 23,139 43,706
Restructuring charges 39,482 51,102 29,722
Operating profit (268,686) 155,990 110,324
Interest expense, net of interest income (59,167) (44,113) (41,004)
Equity in earnings of affiliates 396 6,504 6,718
Loss on refinancing and extinguishment of debt 0 0 (770)
Pension Settlement Charges (184) (15,819) (775)
Other expense, net (2,580) (4,260) (4,838)
(Loss) income before income taxes (330,221) 98,302 69,655
Income Tax Expense (Benefit) (60,847) 36,089 (29,400)
Net (loss) income (269,374) 62,213 99,055
Net loss attributable to noncontrolling interests 1,769 5,316 4,546
Net (loss) income attributable to Cooper-Standard Holdings Inc. $ (267,605) $ 67,529 $ 103,601
Earnings per share      
Basic (in dollars per share) $ (15.82) $ 3.94 $ 5.79
Diluted (in dollars per share) $ (15.82) $ 3.92 $ 5.66