2013 Q1 Form 8-K Financial Statement

#000119312513324294 Filed on August 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q4 2012 Q1
Revenue $0.00 $697.1M $765.3M
YoY Change -100.0% 0.2% 11.1%
Cost Of Revenue $627.3M $597.4M $643.6M
YoY Change -2.54% -0.13% 13.31%
Gross Profit $120.3M $99.71M $121.7M
YoY Change -1.11% 2.16% 0.71%
Gross Profit Margin 14.3% 15.9%
Selling, General & Admin $75.09M $74.80M $72.04M
YoY Change 4.24% 12.14% 18.29%
% of Gross Profit 62.42% 75.02% 59.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.96M $31.60M $27.78M
YoY Change -6.58% -1.56% -3.86%
% of Gross Profit 21.57% 31.69% 22.84%
Operating Expenses $75.09M $78.70M $72.04M
YoY Change 4.24% 11.63% 11.17%
Operating Profit $36.57M $21.01M $39.69M
YoY Change -7.87% -22.47% -29.12%
Interest Expense -$8.200M -$10.90M -$8.200M
YoY Change 0.0% -9.92% 64.0%
% of Operating Profit -22.42% -51.88% -20.66%
Other Income/Expense, Net -$332.0K $2.700M $2.947M
YoY Change -111.27% -41.3% -1082.33%
Pretax Income $27.76M -$10.20M $32.21M
YoY Change -13.8% -166.23% -44.08%
Income Tax $7.891M $1.200M $8.062M
% Of Pretax Income 28.42% 25.03%
Net Earnings $20.70M -$9.923M $23.79M
YoY Change -12.97% -142.77% -47.02%
Net Earnings / Revenue -1.42% 3.11%
Basic Earnings Per Share $0.92 -$0.70 $0.97
Diluted Earnings Per Share $0.86 -$0.70 $0.90
COMMON SHARES
Basic Shares Outstanding 16.62M shares 17.71M shares
Diluted Shares Outstanding 17.71M shares 19.09M shares

Balance Sheet

Concept 2013 Q1 2012 Q4 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $216.7M $270.6M $296.0M
YoY Change -26.79% -25.19% 13.98%
Cash & Equivalents $216.7M $270.6M $361.7M
Short-Term Investments
Other Short-Term Assets $83.26M $87.80M $71.70M
YoY Change 16.12% 25.25% 47.23%
Inventory $162.9M $143.3M $159.4M
Prepaid Expenses $27.48M $21.90M
Receivables $404.9M $350.0M $531.5M
Other Receivables $133.1M $117.0M $0.00
Total Short-Term Assets $1.028B $990.5M $1.059B
YoY Change -2.85% -1.5% 12.15%
LONG-TERM ASSETS
Property, Plant & Equipment $624.7M $628.6M $627.9M
YoY Change -0.51% 1.43% 3.24%
Goodwill $133.2M $133.7M
YoY Change -1.97%
Intangibles $113.2M $116.7M
YoY Change -11.37%
Long-Term Investments
YoY Change
Other Assets $86.04M $83.74M $108.8M
YoY Change -20.92% 6.69% -1.72%
Total Long-Term Assets $1.027B $1.036B $967.5M
YoY Change 6.16% 3.73% -3.63%
TOTAL ASSETS
Total Short-Term Assets $1.028B $990.5M $1.059B
Total Long-Term Assets $1.027B $1.036B $967.5M
Total Assets $2.055B $2.026B $2.026B
YoY Change 1.46% 1.11% 4.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $281.0M $271.4M $271.5M
YoY Change 3.51% 5.72% 21.37%
Accrued Expenses $89.95M $80.15M $216.1M
YoY Change -58.38% -26.22% 5.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $34.90M $32.60M $37.20M
YoY Change -6.18% -1.51% 93.75%
Total Short-Term Liabilities $522.2M $486.9M $524.8M
YoY Change -0.5% 0.81% 16.99%
LONG-TERM LIABILITIES
Long-Term Debt $450.8M $450.8M $453.9M
YoY Change -0.68% -1.05% -0.48%
Other Long-Term Liabilities $42.45M $42.13M $287.3M
YoY Change -85.23% -5.57% 11.44%
Total Long-Term Liabilities $42.45M $42.13M $741.2M
YoY Change -94.27% -5.57% 3.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $522.2M $486.9M $524.8M
Total Long-Term Liabilities $42.45M $42.13M $741.2M
Total Liabilities $1.290B $1.261B $1.305B
YoY Change -1.13% -0.11% 10.02%
SHAREHOLDERS EQUITY
Retained Earnings $216.6M $201.9M
YoY Change 61.95%
Common Stock $466.9M $471.9M
YoY Change -2.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $630.3M $628.3M $759.8M
YoY Change
Total Liabilities & Shareholders Equity $2.055B $2.026B $2.064B
YoY Change -0.43% 1.11% 5.99%

Cashflow Statement

Concept 2013 Q1 2012 Q4 2012 Q1
OPERATING ACTIVITIES
Net Income $20.70M -$9.923M $23.79M
YoY Change -12.97% -142.77% -47.02%
Depreciation, Depletion And Amortization $25.96M $31.60M $27.78M
YoY Change -6.58% -1.56% -3.86%
Cash From Operating Activities -$13.30M $106.9M -$34.60M
YoY Change -61.56% -15.49% 60.19%
INVESTING ACTIVITIES
Capital Expenditures -$34.30M -$39.60M -$29.20M
YoY Change 17.47% 4.21% 80.25%
Acquisitions $1.675M
YoY Change
Other Investing Activities $2.300M $5.600M $2.600M
YoY Change -11.54% -354.55% -73.74%
Cash From Investing Activities -$31.93M -$34.00M -$26.64M
YoY Change 19.85% -15.63% 329.73%
FINANCING ACTIVITIES
Cash Dividend Paid $1.651M $1.655M
YoY Change -0.24%
Common Stock Issuance & Retirement, Net $11.10M
YoY Change
Debt Paid & Issued, Net $1.763M $1.799M
YoY Change -2.0%
Cash From Financing Activities -$11.53M -20.80M -5.875M
YoY Change 96.32% 80.87% 39.88%
NET CHANGE
Cash From Operating Activities -$13.30M 106.9M -34.60M
Cash From Investing Activities -$31.93M -34.00M -26.64M
Cash From Financing Activities -$11.53M -20.80M -5.875M
Net Change In Cash -$56.77M 52.10M -67.12M
YoY Change -15.43% -30.25% 109.75%
FREE CASH FLOW
Cash From Operating Activities -$13.30M $106.9M -$34.60M
Capital Expenditures -$34.30M -$39.60M -$29.20M
Free Cash Flow $21.00M $146.5M -$5.402M
YoY Change -488.73% -10.94% 0.04%

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24064000
CY2011 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
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4.27
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2011 us-gaap Equity Method Investment Realized Gain Loss On Disposal
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11423000
CY2011 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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9829000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
102844000
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.93
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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19170494 shares
CY2011 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
918537 shares
CY2011 us-gaap Dividends Preferred Stock
DividendsPreferredStock
7278000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4583 pure
CY2011 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
1710000
CY2011 us-gaap Advertising Expense
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1463000
CY2011 us-gaap Defined Benefit Plan Amounts That Will Be Amortized From Accumulated Other Comprehensive Income Loss In Next Fiscal Year
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2689000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.029 pure
CY2011 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-5280000
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15601000
CY2011 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
28933000
CY2011 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y1M6D
CY2011 us-gaap Depreciation
Depreciation
108473000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20643000
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3198000
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
70000
CY2011 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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-594000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.53
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
CY2011 cosh Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
75260000
CY2011 cosh Incremental Common Shares Attributable To Options
IncrementalCommonSharesAttributableToOptions
184032 shares
CY2011 cosh Amount Of Account Receivable Factoring Without Recourse
AmountOfAccountReceivableFactoringWithoutRecourse
257490000
CY2011 cosh Amount Of Account Receivable Factoring With Recourse
AmountOfAccountReceivableFactoringWithRecourse
58950000
CY2011 cosh Expense Incurred To Restructuring
ExpenseIncurredToRestructuring
-9000
CY2011 cosh Loss On Sale Of Accounts Receivable Without Recourse
LossOnSaleOfAccountsReceivableWithoutRecourse
2047000
CY2011 cosh Loss On Sale Of Accounts Receivable With Recourse
LossOnSaleOfAccountsReceivableWithRecourse
363000
CY2011 cosh Preferred Dividends Undistributed Earnings And Premium Allocated To Participating Securities
PreferredDividendsUndistributedEarningsAndPremiumAllocatedToParticipatingSecurities
27584000
CY2011 cosh Preferred Stock Shares Forfeited
PreferredStockSharesForfeited
2678 shares
CY2011 cosh Preferred Stock Shares Forfeited Value
PreferredStockSharesForfeitedValue
CY2011 cosh Stock Based Compensation Relating To Preferred Stock
StockBasedCompensationRelatingToPreferredStock
1549000
CY2011 cosh Change In Accumulated Other Comprehensive Income Loss Net Of Tax
ChangeInAccumulatedOtherComprehensiveIncomeLossNetOfTax
58350000
CY2011 cosh Non Elective And Matching Contributions Under Plans
NonElectiveAndMatchingContributionsUnderPlans
12565000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.010 pure
CY2012 us-gaap Bankruptcy Proceedings Date Petitions For Bankruptcy Filed
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2009-08-03
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
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106255 shares
CY2012 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
17934000
CY2012 us-gaap Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
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2017-11-27
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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6417000
CY2012 us-gaap Maturity Of Foreign Currency Derivatives1
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2014-04-30
CY2012 us-gaap Plan Of Reorganization Dates Plan Is Effective
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2010-05-27
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CY2012 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
42888 shares
CY2012 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
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CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-36360000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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25.52
CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
309000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
385600 shares
CY2012 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P3Y
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
94171000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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0.5874 pure
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
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17444980 shares
CY2012 us-gaap Number Of Reportable Segments
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4 Segment
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y6M
CY2012 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
531 shares
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-1352000
CY2012 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5663000
CY2012 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
44244 shares
CY2012 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
45752000
CY2012 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
3133000
CY2012 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
36119000
CY2012 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
4798000
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.14
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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0.5360 pure
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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70900000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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P3Y
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1326000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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47.35
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
260150 shares
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
24340000
CY2012 us-gaap Preferred Stock Conversion Basis
PreferredStockConversionBasis
(i) the closing sale price of the common stock exceeded 155% of the conversion price for a specified period and (ii) the common stock has been listed on the New York Stock Exchange or NASDAQ.
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
39.52
CY2012 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07 pure
CY2012 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
-79000
CY2012 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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-68000
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.40
CY2012 us-gaap Nature Of Operations
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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1. Description of Business</b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Description of business</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Cooper-Standard Holdings Inc. (together with its consolidated subsidiaries, the &#x201C;Company,&#x201D; &#x201C;Cooper Standard,&#x201D; &#x201C;we,&#x201D; &#x201C;our&#x201D; or &#x201C;us&#x201D;), through its wholly-owned subsidiary CSA U.S., is a leading manufacturer of fluid handling, body sealing, and Anti-Vibration Systems (&#x201C;AVS&#x201D;) components, systems, subsystems and modules. The Company&#x2019;s products are primarily for use in passenger vehicles and light trucks that are manufactured by global automotive original equipment manufacturers (&#x201C;OEMs&#x201D;) and replacement markets. The Company conducts substantially all of its activities through its subsidiaries.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company believes that they are the largest global producer of body sealing systems, the second largest global producer of the types of fluid handling products that they manufacture and one of the largest North&#xA0;American producers of AVS business. They design and manufacture their products in each major region of the world through a disciplined and sustained approach to engineering and operational excellence. The Company operates in 69&#xA0;manufacturing locations and nine design, engineering, and administrative locations in 19&#xA0;countries around the world.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">On May&#xA0;27, 2010, the Company and certain of its U.S. and Canadian subsidiaries emerged from under Chapter&#xA0;11 of the Bankruptcy Code. In accordance with the provisions of Financial Accounting Standards board (&#x201C;FASB&#x201D;) Accounting Standards Codification (&#x201C;ASC&#x201D;) 852, &#x201C;<i>Reorganizations</i>,&#x201D; the Company adopted fresh-start accounting upon its emergence from Chapter 11 bankruptcy proceedings and became a new entity for financial reporting purposes as of June&#xA0;1, 2010. Accordingly, the consolidated financial statements for the reporting entity subsequent to emergence from Chapter&#xA0;11 bankruptcy proceedings (the &#x201C;Successor&#x201D;) are not comparable to the consolidated financial statements for the reporting entity prior to emergence from Chapter&#xA0;11 bankruptcy proceedings (the &#x201C;Predecessor&#x201D;). The &#x201C;Company,&#x201D; when used in reference to the period subsequent to emergence from Chapter 11 bankruptcy proceedings, refers to the Successor, and when used in reference to periods prior to emergence from Chapter 11 bankruptcy proceedings, refers to the Predecessor. For further information, see Note 3. &#x201C;Reorganization Under Chapter 11 of the Bankruptcy Code and Fresh-Start Accounting.&#x201D;</font></p> </div>
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
3302000
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y7M6D
CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
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-243000
CY2012 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
1900000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
102804000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
666546 shares
CY2012 us-gaap Dividends Preferred Stock
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6764000
CY2012 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
1376000
CY2012 us-gaap Advertising Expense
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1839000
CY2012 us-gaap Defined Benefit Plan Amounts That Will Be Amortized From Accumulated Other Comprehensive Income Loss In Next Fiscal Year
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21000
CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
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-3174000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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0.016 pure
CY2012 us-gaap Unrealized Gain Loss On Derivatives
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4392000
CY2012 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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3948000
CY2012 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2787000
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15456000
CY2012 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
44620000
CY2012 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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P7Y1M6D
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
15500 shares
CY2012 us-gaap Depreciation
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107275000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17555000
CY2012 us-gaap Allocated Share Based Compensation Expense
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4097000
CY2012 us-gaap Use Of Estimates
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<div> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Use of estimates</i> &#x2013; The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect reported amounts of (1)&#xA0;revenues and expenses during the reporting period and (2)&#xA0;assets and liabilities, as well as disclosure of contingent assets and liabilities, at the date of the financial statements. Actual results could differ from those estimates.</font></p> </div>
CY2012 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
1539000
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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46000
CY2012 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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97000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.0000 pure
CY2012 cosh Number Of Locations
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2 Location
CY2012 cosh Common Stock Closing Price Percentage
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1.55 pure
CY2012 cosh Net Income Loss Available To Common Stockholders
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76730000
CY2012 cosh Incremental Common Shares Attributable To Options
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106121 shares
CY2012 cosh Senior Notes Maturity Year
SeniorNotesMaturityYear
2018
CY2012 cosh Amount Of Account Receivable Factoring Without Recourse
AmountOfAccountReceivableFactoringWithoutRecourse
332004000
CY2012 cosh Amount Of Account Receivable Factoring With Recourse
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81596000
CY2012 cosh Expense Incurred To Restructuring
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652000
CY2012 cosh Loss On Sale Of Accounts Receivable Without Recourse
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2216000
CY2012 cosh Loss On Sale Of Accounts Receivable With Recourse
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340000
CY2012 cosh Preferred Dividends Undistributed Earnings And Premium Allocated To Participating Securities
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26074000
CY2012 cosh Stock Based Compensation Relating To Preferred Stock
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1464000
CY2012 cosh Share Based Compensation Arrangement By Share Based Payment Award Vesting Period Three
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P5Y
CY2012 cosh Share Based Compensation Arrangement By Share Based Payment Award Vesting Period Two
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P4Y
CY2012 cosh Shares Closing Price
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38.00
CY2012 cosh Change In Accumulated Other Comprehensive Income Loss Net Of Tax
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32979000
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2031
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beginning in 2013
CY2012 cosh Non Elective And Matching Contributions Under Plans
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12851000
CY2012 cosh Number Of Operate Company Manufacturing Locations
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69 Location
CY2012 cosh Preferred Shareholders Conversion Approval Percentage
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0.6667 pure
CY2012 cosh Reimbursable Tooling Costs Receivable Period
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P1Y
CY2012 cosh Restructuring Expense Reversed
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1644000
CY2013Q1 dei Document Type
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8-K
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2013-03-31
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0001320461
CY2013Q1 dei Trading Symbol
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COSH
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Cooper-Standard Holdings Inc.
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CY2013Q1 us-gaap Repayments Of Long Term Debt
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1008000
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318 shares
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CY2013Q1 us-gaap Payments To Minority Shareholders
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690000
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3000
CY2013Q1 us-gaap Share Based Compensation
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3800000
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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252817 shares
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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