Business Context and Reporting Period
Company: Cooper-Standard Holdings Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 17, 2006
Reporting Period: Fiscal quarter ended September 30, 2006
This filing serves to furnish a press release issued on November 14, 2006, which discloses the company's results of operations for the third quarter of fiscal 2006.
Key Financial Metrics
The Form 8-K text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1), which is referenced but not included in the provided text.
Non-GAAP Measures: The filing notes that the press release includes non-GAAP financial measures. Management utilizes these measures to evaluate performance and monitor compliance with financial covenants related to indebtedness. A reconciliation to GAAP measures is included in the press release.
Material Changes
The filing text does not explicitly detail material changes versus the prior comparable period. It only confirms that the results of operations for the quarter ended September 30, 2006, have been disclosed in the referenced press release.
Guidance, Outlook, and Risks
Management Commentary: Management stated that the inclusion of non-GAAP measures provides investors with a better understanding of the metrics used for internal performance evaluation and debt covenant compliance.
Risks and Contingencies: The filing text does not disclose specific new risks, contingencies, or unusual items beyond the standard disclosure of non-GAAP measures and debt covenant compliance monitoring.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific revenue, earnings, and cash flow figures for the quarter ended September 30, 2006.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures provided in the press release.
- Verify the company's compliance with financial covenants related to indebtedness as referenced by management.
- Compare the reported results against the prior year's third quarter to assess year-over-year performance trends.