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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

December 31,						2024						2023						2022
Net Sales:
Control Devices						$	292,606					$	342,065					$	342,596
Inter-segment sales						3,677						3,195						2,719
Control Devices net sales						296,283						345,260						345,315
Electronics						566,040						576,539						505,097
Inter-segment sales						28,664						31,621						28,709
Electronics net sales						594,704						608,160						533,806
Stoneridge Brazil						49,649						57,214						52,230
Inter-segment sales						477						13						32
Stoneridge Brazil net sales						50,126						57,227						52,262
Eliminations						(32,818)						(34,829)						(31,460)
Total net sales						$	908,295					$	975,818					$	899,923
Cost of Goods Sold:
Control Devices						$	243,784					$	285,303					$	279,605
Electronics						445,537						456,403						414,550
Stoneridge Brazil						29,745						32,630						30,909
Unallocated Corporate (A)						(24)						176						(67)
Total cost of goods sold						$	719,042					$	774,512					$	724,997

December 31,						2024						2023						2022
Design and Development:
Control Devices						$	20,044					$	21,848					$	20,654
Electronics						45,560						43,027						39,651
Stoneridge Brazil						3,113						3,061						2,634
Unallocated Corporate (A)						3,457						3,139						2,357
Total design and development						$	72,174					$	71,075					$	65,296
Other Segment Costs:
Control Devices						$	22,600					$	21,332					$	18,419
Electronics						49,382						49,799						45,769
Stoneridge Brazil						15,809						17,068						15,537
Unallocated Corporate (A)						29,669						29,196						26,970
Total other segment costs						$	117,460					$	117,395					$	106,695
Operating (Loss) Income:
Control Devices						$	6,178					$	13,582					$	23,917
Electronics						25,561						27,309						5,128
Stoneridge Brazil						982						4,454						3,150
Unallocated Corporate (A)						(33,102)						(32,509)						(29,260)
Total operating (loss) income						$	(381)					$	12,836					$	2,935
Depreciation and Amortization:
Control Devices						$	11,686					$	12,414					$	13,521
Electronics						15,814						14,035						13,913
Stoneridge Brazil						4,753						4,801						3,939
Unallocated Corporate(C)						2,013						2,388						2,318
Total depreciation and amortization (B)						$	34,266					$	33,638					$	33,691
Interest Expense (Income), net:
Control Devices						$	(4)					$	149					$	93
Electronics						1,498						1,771						1,009
Stoneridge Brazil						(982)						(1,693)						(1,282)
Unallocated Corporate						13,935						12,773						7,277
Total interest expense, net						$	14,447					$	13,000					$	7,097
Capital Expenditures:
Control Devices						$	6,544					$	9,230					$	12,620
Electronics						8,623						18,313						10,479
Stoneridge Brazil						2,705						3,054						3,480
Unallocated Corporate(C)						1,338						1,229						653
Total capital expenditures						$	19,210					$	31,826					$	27,232

December 31,						2024						2023
Total Assets:
Control Devices						$	136,028					$	159,612
Electronics						365,226						404,994
Stoneridge Brazil						48,280						66,318
Corporate (C)						471,793						419,469
Eliminations						(399,771)						(370,493)
Total assets						$	621,556					$	679,900

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

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

December 31,						2024						2023						2022
Net Sales:
United States						$	447,142					$	495,541					$	444,928
North America						$	447,142					$	495,541					$	444,928
Brazil						49,649						57,214						52,230
South America						$	49,649					$	57,214					$	52,230
Sweden						159,035						157,895						170,228
Estonia						110,112						109,480						89,130
Netherlands						84,297						74,842						68,326
Other Europe						6,755						18,465						19,445
China						51,305						62,381						55,636
Europe and Other						$	411,504					$	423,063					$	402,765
Total net sales						$	908,295					$	975,818					$	899,923

December 31,						2024						2023
Long-term Assets:
United States						$	90,111					$	87,712
Mexico						5,254						4,707
North America						$	95,365					$	92,419
Brazil						25,222						32,679
South America						$	25,222					$	32,679
Sweden						32,918						31,058
Estonia						8,363						9,581
Netherlands						57,677						64,660
Other Europe						653						577
China						13,844						19,536
Europe and Other						$	113,455					$	125,412
Total long-term assets						$	234,042					$	250,510

_____________________________

(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
-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
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-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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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
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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