XML 24 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 154,801 $ 186,875
Accounts receivable, net 380,562 358,700
Tooling receivable 80,225 95,965
Inventories 146,846 157,756
Prepaid expenses 28,328 31,170
Income tax receivable and refundable credits 11,225 13,668
Value Added Tax Receivable, Current 69,684 44,402
Other current assets 28,915 57,113
Total current assets 900,586 945,649
Property, plant and equipment, net 608,431 642,860
Operating lease right-of-use assets, net 91,126 94,571
Goodwill 140,814 142,023
Intangibles assets, net 40,568 47,641
Deferred tax assets 23,792 19,852
Other assets 66,982 70,933
Total assets 1,872,299 1,963,529
Current liabilities:    
Debt payable within one year 50,712 54,130
Accounts payable 334,578 338,210
Payroll liabilities 132,422 99,029
Accrued liabilities 116,954 119,463
Current operating lease liabilities 18,577 20,786
Total current liabilities 653,243 631,618
Long-term debt 1,044,736 982,054
Pension benefits 100,578 98,481
Postretirement benefits other than pensions 28,940 31,014
Long-term operating lease liabilities 76,482 77,617
Deferred tax liabilities 5,208 7,052
Other liabilities 52,845 34,501
Total liabilities 1,962,032 1,862,337
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding 0 0
Equity:    
Common stock, $0.001 par value, 190,000,000 shares authorized; 19,263,288 shares issued and 17,197,479 outstanding as of December 31, 2023, and 19,173,838 shares issued and 17,108,029 outstanding as of December 31, 2022 17 17
Additional paid-in capital 512,164 507,498
Retained earnings (391,816) (189,831)
Accumulated other comprehensive loss (201,665) (209,971)
Total Cooper-Standard Holdings Inc. equity (81,300) 107,713
Noncontrolling interests (8,433) (6,521)
Total equity (89,733) 101,192
Total liabilities and equity $ 1,872,299 $ 1,963,529