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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

A summary of financial information by reportable segment is as follows:

December 31,						2022						2021						2020
Net Sales:
Control Devices						$	342,596					$	355,775					$	342,576
Inter-segment sales						2,719						3,502						5,475
Control Devices net sales						345,315						359,276						348,051
Electronics						505,097						357,910						257,767
Inter-segment sales						28,709						26,192						24,027
Electronics net sales						533,806						384,103						281,794
Stoneridge Brazil						52,230						56,777						47,663
Inter-segment sales						32						—						—
Stoneridge Brazil net sales						52,262						56,777						47,663
Eliminations						(31,460)						(29,694)						(29,502)
Total net sales						$	899,923					$	770,462					$	648,006
Operating Income (Loss):
Control Devices						$	23,917					$	54,933					$	22,072
Electronics						5,128						(12,502)						(3,672)
Stoneridge Brazil						3,150						995						3,766
Unallocated Corporate (A)						(29,260)						(28,015)						(29,830)
Total operating income (loss)						$	2,935					$	15,411					$	(7,664)
Depreciation and Amortization:
Control Devices						$	13,521					$	15,351					$	15,377
Electronics						13,913						12,487						10,501
Stoneridge Brazil						3,939						3,856						4,766
Unallocated Corporate						2,318						2,134						2,086
Total depreciation and amortization (B)						$	33,691					$	33,828					$	32,730
Interest Expense (Income), net:
Control Devices						$	93					$	132					$	173
Electronics						1,009						462						320
Stoneridge Brazil						(1,282)						(1,353)						(4)
Unallocated Corporate						7,277						5,948						5,635
Total interest expense, net						$	7,097					$	5,189					$	6,124
Capital Expenditures:
Control Devices						$	12,620					$	9,154					$	11,760
Electronics						10,479						9,735						11,617
Stoneridge Brazil						3,480						2,918						2,839
Unallocated Corporate(C)						653						1,142						1,444
Total capital expenditures						$	27,232					$	22,949					$	27,660

December 31,						2022						2021
Total Assets:
Control Devices						$	174,535					$	181,968
Electronics						369,232						338,080
Stoneridge Brazil						60,861						59,100
Corporate (C)						419,469						438,175
Eliminations						(371,992)						(351,924)
Total assets						$	652,105					$	665,399

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table presents net sales and long-term assets for the geographic areas in which the Company operates:

December 31,						2022						2021						2020
Net Sales:
North America						$	444,928					$	386,944					$	330,528
South America						52,230						56,777						47,663
Europe and Other						402,765						326,741						269,815
Total net sales						$	899,923					$	770,462					$	648,006

December 31,						2022						2021
Long-term Assets:
North America						$	92,149					$	91,039
South America						31,796						30,272
Europe and Other						118,609						133,264
Total long-term assets						$	242,554					$	254,575

_____________________________

(A)Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation.

(B)These amounts represent depreciation and amortization on property, plant and equipment and certain intangible assets.

(C)Assets located at Corporate consist primarily of cash, intercompany receivables, fixed and leased assets for the headquarter building, information technology assets, equity investments and investments in subsidiaries.

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

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- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

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-Publisher FASB
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-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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