Segment Reporting

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Reporting Disclosure

Segment ReportingThe 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 June 30,
	2022						2021
	External Sales		Intersegment Sales		Adjusted EBITDA		External Sales		Intersegment Sales		Adjusted EBITDA
North America	$	331,687	$	2,747	$	15,441	$	247,525	$	2,140	$	756
Europe	126,287		1,541		(15,316)		132,621		2,836		(14,391)
Asia Pacific	85,779		908		(7,799)		103,915		858		(2,302)
South America	26,261		—		(1,298)		14,153		3		(726)
Total Automotive	570,014		5,196		(8,972)		498,214		5,837		(16,663)
Corporate, eliminations and other	35,903		(5,196)		(1,402)		34,971		(5,837)		1,937
Consolidated	$	605,917	$	—	$	(10,374)	$	533,185	$	—	$	(14,726)
	Six Months Ended June 30,
	2022						2021
	External Sales		Intersegment Sales		Adjusted EBITDA		External Sales		Intersegment Sales		Adjusted EBITDA
North America	$	653,581	$	6,277	$	32,937	$	586,561	$	4,773	$	41,989
Europe	257,701		3,910		(29,973)		298,397		5,815		(15,880)
Asia Pacific	189,532		1,533		(8,541)		218,140		1,488		1,250
South America	47,780		5		(1,707)		29,639		15		(3,334)
Total Automotive	1,148,594		11,725		(7,284)		1,132,737		12,091		24,025
Corporate, eliminations and other	70,307		(11,725)		(2,945)		69,415		(12,091)		(211)
Consolidated	$	1,218,901	$	—	$	(10,229)	$	1,202,152	$	—	$	23,814

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Adjusted EBITDA	$	(10,374)	$	(14,726)	$	(10,229)	$	23,814
Restructuring charges	(3,482)		(11,631)		(11,313)		(32,678)
Deconsolidation of joint venture	—		—		(2,257)		—
Impairment charges	(3)		(841)		(458)		(841)
(Loss) gain on sale of business, net	—		(195)		—		696
Gain on sale of fixed assets, net	33,391		—		33,391		—
Lease termination costs	—		(108)		—		(108)
Indirect tax adjustments	(908)		—		(908)		—
EBITDA	$	18,624	$	(27,501)	$	8,226	$	(9,117)
Income tax expense	(2,005)		17,459		(2,657)		16,523
Interest expense, net of interest income	(18,454)		(18,125)		(36,631)		(35,909)
Depreciation and amortization	(31,412)		(35,444)		(63,545)		(68,972)
Net loss attributable to Cooper-Standard Holdings Inc.	$	(33,247)	$	(63,611)	$	(94,607)	$	(97,475)

	June 30, 2022		December 31, 2021
Segment assets:
North America	$	897,898	$	885,517
Europe	395,273		372,097
Asia Pacific	445,606		510,524
South America	76,679		61,479
Total Automotive	1,815,456		1,829,617
Corporate, eliminations and other	324,926		396,876
Consolidated	$	2,140,382	$	2,226,493