Cooper Standard(CPS) - 2022 Q4 - Annual Report
Cooper Standard(CPS)2023-02-16 16:00(1) Excludes unamortized debt issuance costs and unamortized original issue discount. 70 Forward Foreign Exchange Contracts – The Company uses forward contracts to mitigate the potential volatility to earnings and cash flow arising from changes in currency exchange rates that impact the Company's foreign currency transactions. The principal currencies hedged by the Company include various European currencies other than the Euro, the Canadian Dollar, the Mexican Peso, and the Brazilian Real. As of December 3 ...