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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

Three months ended March 31,			2023						2022
Net Sales:
Control Devices			$	85,942					$	84,060
Inter-segment sales			734						930
Control Devices net sales			86,676						84,990
Electronics			141,127						124,953
Inter-segment sales			8,516						7,711
Electronics net sales			149,643						132,664
Stoneridge Brazil			14,256						12,045
Inter-segment sales			—						—
Stoneridge Brazil net sales			14,256						12,045
Eliminations			(9,250)						(8,641)
Total net sales			$	241,325					$	221,058
Operating (Loss) Income:
Control Devices			$	2,087					$	6,776
Electronics			1,400						(2,712)
Stoneridge Brazil			1,343						492
Unallocated Corporate (A)			(8,859)						(7,540)
Total operating loss			$	(4,029)					$	(2,984)
Depreciation and Amortization:
Control Devices			$	3,174					$	3,561
Electronics			3,464						3,593
Stoneridge Brazil			1,085						991
Unallocated Corporate			602						561
Total depreciation and amortization (B)			$	8,325					$	8,706
Interest Expense (Income), net:
Control Devices			$	18					$	25
Electronics			485						73
Stoneridge Brazil			(270)						(158)
Unallocated Corporate			2,513						1,846
Total interest expense, net			$	2,746					$	1,786
Capital Expenditures:
Control Devices			$	1,956					$	3,845
Electronics			6,207						2,833
Stoneridge Brazil			636						669
Unallocated Corporate(C)			112						21
Total capital expenditures			$	8,911					$	7,368

			March 31, 2023						December 31, 2022
Total Assets:
Control Devices			$	177,154					$	174,535
Electronics			380,666						369,232
Stoneridge Brazil			64,128						60,861
Corporate (C)			421,554						419,469
Eliminations			(372,764)						(371,992)
Total assets			$	670,738					$	652,105

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

The following tables present net sales and long-term assets for each of the geographic areas in which the Company operates:

Three months ended March 31,			2023						2022
Net Sales:
North America			$	123,726					$	103,828
South America			14,256						12,045
Europe and Other			103,343						105,185
Total net sales			$	241,325					$	221,058

			March 31, 2023						December 31, 2022
Long-term Assets:
North America			$	94,451					$	92,149
South America			32,471						31,796
Europe and Other			120,680						118,609
Total long-term assets			$	247,602					$	242,554

__________________________________________________________

(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 loan receivables, fixed assets for the corporate headquarter building, leased assets, 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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-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

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

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