Business Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting Information [Line Items]

Information on Company's Business Segments

Certain financial information on the Company’s reportable segments was as follows:

	Year Ended December 31,
	2023		2022		2021
Sales to external customers
North America	$	1,486,100	$	1,341,099	$	1,148,257
Europe	648,256		503,672		518,245
Asia Pacific	452,441		443,126		458,306
South America	125,629		100,420		61,713
Total Automotive	2,712,426		2,388,317		2,186,521
Corporate, eliminations and other	103,453		137,074		143,670
Consolidated	$	2,815,879	$	2,525,391	$	2,330,191
Intersegment sales
North America	$	10,780	$	11,979	$	9,775
Europe	8,195		7,272		9,502
Asia Pacific	10,101		3,847		1,863
South America	12		54		15
Total Automotive	29,088		23,152		21,155
Corporate, eliminations and other	(29,088)		(23,152)		(21,155)
Consolidated	$	—	$	—	$	—
Adjusted EBITDA
North America	$	125,580	$	70,819	$	54,616
Europe	25,258		(37,137)		(49,599)
Asia Pacific	26,429		1,556		(16,756)
South America	10,692		97		(9,852)
Total Automotive	187,959		35,335		(21,591)
Corporate, eliminations and other	(20,883)		2,533		13,557
Consolidated	$	167,076	$	37,868	$	(8,034)

	Year Ended December 31,
	2023		2022		2021
Net interest expense
North America	$	(331)	$	365	$	470
Europe	2,251		560		1,274
Asia Pacific	1,677		1,602		1,445
South America	(232)		1,659		362
Total Automotive	3,365		4,186		3,551
Corporate, eliminations and other	126,712		74,328		68,960
Consolidated	$	130,077	$	78,514	$	72,511
Depreciation and amortization expense
North America	$	50,964	$	51,592	$	54,779
Europe	20,567		26,694		32,655
Asia Pacific	25,448		27,509		32,426
South America	3,317		2,701		2,531
Total Automotive	100,296		108,496		122,391
Corporate, eliminations and other	9,635		13,980		16,617
Consolidated	$	109,931	$	122,476	$	139,008
Capital expenditures
North America	$	51,185	$	39,276	$	36,370
Europe	10,568		7,965		27,384
Asia Pacific	14,036		15,374		20,473
South America	3,268		6,107		3,959
Total Automotive	79,057		68,722		88,186
Corporate, eliminations and other	1,686		2,428		7,921
Consolidated	$	80,743	$	71,150	$	96,107

	Year Ended December 31,
	2023		2022		2021
Adjusted EBITDA	$	167,076	$	37,868	$	(8,034)
Impairment charges	(4,768)		(43,710)		(25,609)
Restructuring charges	(18,018)		(18,304)		(36,950)
Pension settlement and curtailment charges	(16,035)		(2,682)		(1,279)
Lease termination costs	—		—		(748)
Gain on sale of businesses, net	586		—		696
Gain on sale of fixed assets, net	—		33,391		—
Deconsolidation of joint venture	—		(2,257)		—
Indirect tax adjustments	—		(1,409)		—
Loss on refinancing and extinguishment of debt	(81,885)		—		—
EBITDA	$	46,956	$	2,897	$	(71,924)
Income tax expense	(8,933)		(17,291)		(39,392)
Interest expense, net of interest income	(130,077)		(78,514)		(72,511)
Depreciation and amortization	(109,931)		(122,476)		(139,008)
Net loss attributable to Cooper-Standard Holdings Inc.	$	(201,985)	$	(215,384)	$	(322,835)

	December 31,
	2023		2022
Segment assets
North America	$	837,615	$	851,623
Europe	306,248		338,225
Asia Pacific	435,653		447,257
South America	89,075		73,403
Total Automotive	1,668,591		1,710,508
Corporate, eliminations and other	203,708		253,021
Consolidated	$	1,872,299	$	1,963,529

Geographic Information for Revenues

Geographic information for revenues, based on country of origin, and property, plant and equipment, net, is as follows:

	Year Ended December 31,
	2023		2022		2021
Revenues
Mexico	$	774,357	$	696,755	$	592,777
United States	616,883		589,801		539,528
China	354,492		354,741		371,811
Poland	226,254		166,114		168,357
Canada	168,738		144,890		116,854
Germany	112,686		116,153		116,509
France	98,915		90,711		94,334
Other	463,554		366,226		330,021
Consolidated	$	2,815,879	$	2,525,391	$	2,330,191
			December 31,
			2023		2022
Property, plant and equipment, net
Mexico			$	134,442	$	132,956
United States			124,240		134,978
China			118,306		140,182
Poland			44,535		45,100
Germany			27,945		30,606
Canada			27,375		26,416
France			18,161		18,834
Other			113,427		113,788
Consolidated			$	608,431	$	642,860

Sales to Customers Contributing Ten Percent or More of Consolidated Sales

Sales to customers of the Company which contributed 10% or more of its total consolidated sales and the related percentage of consolidated Company sales for 2023, 2022 and 2021 are as follows:

	2023 % of Net Sales		2022 % of Net Sales		2021 % of Net Sales
Customer
Ford	25	%	25	%	24	%
General Motors	17	%	19	%	17	%
Stellantis	13	%	14	%	14	%