XML 43 R34.htm IDEA: XBRL DOCUMENT v3.25.1

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment Information about Reported Product Revenues,Depreciation and Amortization and Operating Income (Loss)

The table below presents segment information about the reported product revenues, significant segment expenses, operating income (loss) and depreciation and amortization of the Company for the three months ended March 31, 2025 and 2024.

		Three Months Ended March 31,
		2025				2024
Product Revenues
Automotive		$	341,874			$	344,638
Medical			11,980				11,377
Total			353,854				356,015
Significant Segment Expenses and Operating Performance
Automotive
Cost of sales			260,227				260,289
Net research and development expenses			19,384				17,424
Selling, general and administrative expenses			15,719				16,601
Restructuring expenses, net			4,514				7,114
Loss on sale of land and building, net			2,196				—
Automotive operating income			39,834				43,210
Medical
Cost of sales			6,276				5,913
Other operating expenses			5,309				5,417
Impairment of intangible assets and property and equipment			—				530
Medical operating income (loss)			395				(483	)
Corporate and Other Unallocated Expenses
Corporate and other unallocated expenses			23,168				24,678
Total consolidated operating income		$	17,061			$	18,049
Other Segment Disclosures
Depreciation and Amortization
Automotive		$	11,602			$	12,408
Medical			855				883
Corporate and other unallocated expenses			474				527
Total		$	12,931			$	13,818

Segment Information About Reported Segment Product Revenues by Product Category

Automotive and Medical segment product revenues by product category for the three months ended March 31, 2025 and 2024 were as follows:

		Three Months Ended March 31,
		2025				2024
Climate Control Seats (a)		$	191,153			$	192,049
Climate Control Interiors (a)			45,341				44,398
Lumbar and Massage Comfort Solutions			45,313				38,251
Climate and Comfort Electronics (a)			7,715				4,226
Automotive Climate and Comfort Solutions			289,522				278,924
Valve Systems			23,173				26,625
Other Automotive (a)			29,179				39,089
Subtotal Automotive segment			341,874				344,638
Medical segment			11,980				11,377
Total Company		$	353,854			$	356,015

(a)Product categories have been modified, and prior-period amounts have been recast to conform with the current period presentation. Climate Control Seats (CCS) includes CCS Heat (previously Seat Heaters), CCS Vent/CCS Active Cool (previously CCS) and CCS Neck Conditioners (previously included in Other Automotive). Climate Control Interiors (CCI) includes CCI Steering Wheel Heat and CCI Interior Heat (previously included in Other Automotive). Other Automotive includes Automotive Cables, Battery Performance Solutions, non-automotive electronics and contract manufacturing electronics (previously classified as Electronics).

Product Revenues Information by Geographic Area

Revenue (based on shipment destination) by geographic area for the three months ended March 31, 2025 and 2024 is as follows:

		Three Months Ended March 31,
		2025				2024
United States		$	124,926			$	125,453
China			48,935				54,476
Germany			26,557				23,613
South Korea			23,784				28,184
Czech Republic			20,984				19,584
Mexico			15,672				10,015
Slovakia			13,722				13,178
Romania			12,957				14,222
Japan			12,099				12,455
United Kingdom			9,376				11,324
Other			44,842				43,511
Total Non-U.S.			228,928				230,562
Total Company		$	353,854			$	356,015

Schedule of Property and Equipment, Net by Geographic Area

Property and equipment, net, for each of the geographic areas in which the Company operates as of March 31, 2025 and December 31, 2024 is as follows:

		March 31, 2025				December 31, 2024
Property and equipment, net
Mexico		$	49,032			$	47,814
Germany			45,793				42,457
China			43,566				44,767
United States			38,907				42,928
North Macedonia			25,589				25,374
Vietnam			20,294				20,920
Czech Republic			9,710				9,440
Hungary			7,871				7,994
Ukraine			5,062				5,174
Other			7,345				6,102
Total		$	253,169			$	252,970

X

- Definition

Schedule of segment reporting information, segment product revenues by product category.

+ References

No definition available.

+ Details

Name:	thrm_ScheduleOfSegmentReportingInformationSegmentProductRevenuesByProductCategoryTableTextBlock
Namespace Prefix:	thrm_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration