XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Sales $ 682,458 $ 612,984
Cost of products sold 640,630 591,442
Gross profit 41,828 21,542
Selling, administration & engineering expenses 52,089 51,904
Gain on sale of fixed assets, net 0  
Amortization of intangibles 1,807 1,746
Restructuring charges 2,379 7,831
Impairment charges 0 455
Operating loss (14,447) (40,394)
Interest expense, net of interest income (30,220) (18,177)
Equity in losses of affiliates (198) (1,356)
Loss on refinancing and extinguishment of debt (81,885) 0
Other expense, net (4,004) (1,211)
Loss before income taxes (130,754) (61,138)
Income tax expense 358 652
Net loss (131,112) (61,790)
Net loss attributable to noncontrolling interests 745 430
Net loss attributable to Cooper-Standard Holdings Inc. $ (130,367) $ (61,360)
Earnings per share    
Basic $ (7.57) $ (3.58)
Diluted $ (7.57) $ (3.58)