Segment Reporting

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Segment Reporting Disclosure

Segment Reporting

The Company’s business is organized in the following reportable segments: North America, Europe, Asia Pacific and South America. All other business activities are reported in Corporate, eliminations and other. The Company’s principal products within each of the reportable segments are sealing, fuel and brake delivery, and fluid transfer systems.

The Company uses Segment adjusted EBITDA as the measure of earnings to assess the performance of each segment and determine the resources to be allocated to the segments. 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 March 31,
	2021						2020
	External Sales		Intersegment Sales		Adjusted EBITDA		External Sales		Intersegment Sales		Adjusted EBITDA
North America	$	339,036	$	2,633	$	41,233	$	334,801	$	4,468	$	37,019
Europe	165,776		2,979		(1,489)		185,242		3,091		(4,623)
Asia Pacific	114,225		630		3,552		79,344		457		(17,057)
South America	15,486		12		(2,608)		20,471		68		(4,577)
Total Automotive	634,523		6,254		40,688		619,858		8,084		10,762
Corporate, eliminations and other	34,444		(6,254)		(2,148)		35,032		(8,084)		(2,483)
Consolidated	$	668,967	$	—	$	38,540	$	654,890	$	—	$	8,279

	Three Months Ended March 31,
	2021		2020
Adjusted EBITDA	$	38,540	$	8,279
Restructuring charges	(21,047)		(7,276)
Gain on sale of business	891		—
Impairment of assets held for sale	—		(74,079)
Project costs	—		(2,425)
Other impairment charges	—		(684)
Lease termination costs	—		(520)
EBITDA	$	18,384	$	(76,705)
Income tax (expense) benefit	(936)		14,117
Interest expense, net of interest income	(17,784)		(10,237)
Depreciation and amortization	(33,528)		(37,763)
Net loss attributable to Cooper-Standard Holdings Inc.	$	(33,864)	$	(110,588)

	March 31, 2021		December 31, 2020
Segment assets:
North America	$	941,996	$	907,652
Europe	447,340		465,031
Asia Pacific	543,970		587,610
South America	61,714		64,800
Total Automotive	1,995,020		2,025,093
Corporate, eliminations and other	570,341		586,851
Consolidated	$	2,565,361	$	2,611,944