Investments	12 Months Ended
Dec. 31, 2020
Investments [Abstract]
Investments	4. Investments Minda Stoneridge Instruments Ltd. The Company has a 49% equity interest in MSIL, a company based in India that manufactures electronics, instrumentation equipment and sensors primarily for the motorcycle, commercial vehicle and automotive markets. The investment is accounted for under the equity method of accounting. The Company’s investment in MSIL, recorded as a component of investments and other long-term assets, net on the consolidated balance sheets, was $13,547 and $12,701 as of December 31, 2020 and 2019, respectively. Equity in earnings of MSIL included in the consolidated statements of operations were $1,477, $1,578 and $2,038 for the years ended December 31, 2020, 2019 and 2018, respectively. PST Eletrônica Ltda. The Company had a 74% controlling interest in Stoneridge Brazil from December 31, 2011 through May 15, 2017. On May 16, 2017, the Company acquired the remaining 26% noncontrolling interest in Stoneridge Brazil. As part of the acquisition agreement, the Company will be required to pay additional earn-out consideration, which is not capped, based on Stoneridge Brazil’s financial performance in either 2020 or 2021. See Note 10 for the fair value and foreign currency adjustments of the earn-out consideration for the current and prior periods. Stoneridge Brazil had dividends payable to former noncontrolling interest holders of Brazilian real (“R$”) 24,154 ($6,010) as of December 31, 2019. The dividends payable balance included monetary correction of R$3,703 ($921) as of December 31, 2019, based on the Brazilian National Extended Consumer Price inflation index (“IPCA”). The dividend payable related to Stoneridge Brazil was recorded within other current liabilities on the consolidated balance sheet as of December 31, 2019. These dividends were paid in January 2020. Other Investments In December 2018, the Company entered into an agreement to make a $10,000 investment in a fund (“Autotech Fund II”) managed by Autotech Ventures (“Autotech”), a venture capital firm focused on ground transportation technology which is accounted for under the equity method of accounting. The Company’s $10,000 investment in the Autotech Fund II will be contributed over the expected ten year life of the fund. The Company contributed $1,550 and $1,600 to the Autotech Ventures fund during the years ended December 31, 2020 and 2019, respectively. The Company has a 6.7% interest in Autotech Fund II. The Company recognized earnings (loss) of $59 and $(211) during the years ended December 31, 2020 and 2019, respectively. The Autotech Fund II investment recorded in investments and other long-term assets, net in the consolidated balance sheet was $3,436 and $1,827 as of December 31, 2020 and 2019, respectively.

Investments

12 Months Ended

Dec. 31, 2020

4. Investments

Minda Stoneridge Instruments Ltd.

The Company has a 49% equity interest in MSIL, a company based in India that manufactures electronics, instrumentation equipment and sensors primarily for the motorcycle, commercial vehicle and automotive markets. The investment is accounted for under the equity method of accounting. The Company’s investment in MSIL, recorded as a component of investments and other long-term assets, net on the consolidated balance sheets, was $13,547 and $12,701 as of December 31, 2020 and 2019, respectively. Equity in earnings of MSIL included in the consolidated statements of operations were $1,477, $1,578 and $2,038 for the years ended December 31, 2020, 2019 and 2018, respectively.

PST Eletrônica Ltda.

The Company had a 74% controlling interest in Stoneridge Brazil from December 31, 2011 through May 15, 2017. On May 16, 2017, the Company acquired the remaining 26% noncontrolling interest in Stoneridge Brazil. As part of the acquisition agreement, the Company will be required to pay additional earn-out consideration, which is not capped, based on Stoneridge Brazil’s financial performance in either 2020 or 2021. See Note 10 for the fair value and foreign currency adjustments of the earn-out consideration for the current and prior periods.

Stoneridge Brazil had dividends payable to former noncontrolling interest holders of Brazilian real (“R$”) 24,154 ($6,010) as of December 31, 2019. The dividends payable balance included monetary correction of R$3,703 ($921) as of December 31, 2019, based on the Brazilian National Extended Consumer Price inflation index (“IPCA”). The dividend payable related to Stoneridge Brazil was recorded within other current liabilities on the consolidated balance sheet as of December 31, 2019. These dividends were paid in January 2020.

Other Investments

In December 2018, the Company entered into an agreement to make a $10,000 investment in a fund (“Autotech Fund II”) managed by Autotech Ventures (“Autotech”), a venture capital firm focused on ground transportation technology which is accounted for under the equity method of accounting. The Company’s $10,000 investment in the Autotech Fund II will be contributed over the expected ten year life of the fund. The Company contributed $1,550 and $1,600 to the Autotech Ventures fund during the years ended December 31, 2020 and 2019, respectively. The Company has a 6.7% interest in Autotech Fund II. The Company recognized earnings (loss) of $59 and $(211) during the years ended December 31, 2020 and 2019, respectively. The Autotech Fund II investment recorded in investments and other long-term assets, net in the consolidated balance sheet was $3,436 and $1,827 as of December 31, 2020 and 2019, respectively.