Commercial Vehicle (CVGI) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	CVGI
Entity Registrant Name	COMMERCIAL VEHICLE GROUP, INC.
Entity Central Index Key	1,290,900
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		30,106,306

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current Assets:
Cash	$ 88,597	$ 70,091
Accounts receivable, net of allowances of $2,881 and $2,808, respectively	154,618	139,912
Inventories	81,697	83,776
Deferred income taxes	9,291	9,142
Other current assets	12,640	6,351
Total current assets	346,843	309,272
Property, plant and equipment, net of accumulated depreciation of $130,661 and $123,831, respectively	72,269	73,462
Goodwill	8,048	8,056
Intangible assets, net of accumulated amortization of $6,269 and $5,613, respectively	17,861	18,589
Deferred income taxes	19,625	23,234
Other assets, net	8,568	9,400
Total assets	473,214	442,013
Current Liabilities:
Accounts payable	89,668	70,826
Accrued liabilities	43,523	36,686
Total current liabilities	133,191	107,512
Long-term debt	250,000	250,000
Pension and other post-retirement benefits	22,159	23,356
Other long-term liabilities	3,486	2,309
Total liabilities	$ 408,836	$ 383,177
Stockholders' Equity:
Preferred stock, $0.01 par value; 5,000,000 shares authorized, no shares issued and outstanding
Common stock: $0.01 par value, 60,000,000 shares authorized; 29,148,504 shares issued and outstanding	$ 296	$ 296
Treasury stock purchased from employees; 779,484 shares	(6,622)	(6,622)
Additional paid-in capital	233,346	231,907
Retained loss	(122,695)	(129,492)
Accumulated other comprehensive loss	(39,947)	(37,288)
Total CVG stockholders' equity	64,378	58,801
Non-controlling interest		35
Total stockholders' equity	64,378	58,836
Total liabilities and stockholders' equity	$ 473,214	$ 442,013

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts receivable, allowances	$ 2,881	$ 2,808
Property, plant and equipment, accumulated depreciation	130,661	123,831
Accumulated amortization on intangible assets	$ 6,269	$ 5,613
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	29,148,504	29,148,504
Common stock, shares outstanding	29,148,504	29,148,504
Treasury stock, shares	779,484	779,484

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues	$ 217,617	$ 215,996	$ 437,920	$ 414,067
Cost of Revenues	188,111	187,811	379,340	361,578
Gross Profit	29,506	28,185	58,580	52,489
Selling, General and Administrative Expenses	17,585	18,748	35,124	37,220
Amortization Expense	333	390	669	775
Operating Income	11,588	9,047	22,787	14,494
Interest and Other Expense	5,056	5,205	10,153	10,314
Income Before Provision for Income Taxes	6,532	3,842	12,634	4,180
Provision for Income Taxes	3,327	1,103	5,836	1,950
Net Income	3,205	2,739	6,798	2,230
Less: Non-controlling interest in subsidiary's income (loss)			1	(1)
Net Income Attributable to CVG Stockholders	$ 3,205	$ 2,739	$ 6,797	$ 2,231
Earnings per Common Share:
Basic and Diluted	$ 0.11	$ 0.09	$ 0.23	$ 0.08
Weighted Average Shares Outstanding:
Basic	29,149	28,868	29,149	28,864
Diluted	29,337	29,204	29,271	29,032

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Income	$ 3,205	$ 2,739	$ 6,798	$ 2,230
Other comprehensive income (loss):
Foreign currency exchange translation adjustments	163	(3)	(2,845)	408
Minimum pension liability, net of tax	126		186
Other comprehensive income (loss)	289	(3)	(2,659)	408
Comprehensive income	3,494	2,736	4,139	2,638
Less: Comprehensive income (loss) attributed to non-controlling interests			1	(1)
Comprehensive income attributable to CVG stockholders	$ 3,494	$ 2,736	$ 4,138	$ 2,639

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Deficit	Accumulated Other Comp.Loss	Total CVG Stockholders' Equity	Non- Controlling Interest
Beginning Balance (in shares) at Dec. 31, 2014	29,148,504	29,148,504
Beginning Balance at Dec. 31, 2014	$ 58,836	$ 296	$ (6,622)	$ 231,907	$ (129,492)	$ (37,288)	$ 58,801	$ 35
Share-based compensation expense	1,439			1,439			1,439
Total comprehensive income (loss)	$ 4,103				6,797	(2,659)	4,138	$ (35)
Ending balance (in shares) at Jun. 30, 2015	29,148,504	29,148,504
Ending balance at Jun. 30, 2015	$ 64,378	$ 296	$ (6,622)	$ 233,346	$ (122,695)	$ (39,947)	$ 64,378

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net Income	$ 6,798	$ 2,230
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	8,874	8,975
Provision for doubtful accounts	1,985	2,991
Noncash amortization of debt financing costs	445	445
Pension plan contribution	(1,479)	(1,396)
Shared-based compensation expense	1,439	1,414
Loss on sale of assets	157	844
Deferred income taxes	4,664	729
Noncash gain on forward currency exchange contracts	(42)	(83)
Change in other operating items:
Accounts receivable	(16,870)	(33,901)
Inventories	1,793	(2,118)
Accounts payable	17,991	16,590
Other operating activities, net	1,344	6,549
Net cash provided by operating activities	27,099	3,269
Cash Flows from Investing Activities:
Purchases of property, plant and equipment	(6,769)	(4,487)
Proceeds from disposal/sale of property, plant and equipment	60	561
Premium payments for life insurance	(44)
Net cash used in investing activities	(6,753)	(3,926)
Cash Flows from Financing Activities:
Post-acquisition payments		(2,640)
Proceeds from borrowings against life insurance		1,041
Net cash used in financing activities		(1,599)
Effect of Foreign Currency Exchange Rate Changes on Cash	(1,840)	(179)
Net Increase (Decrease) in Cash	18,506	(2,435)
Cash:
Beginning of period	70,091	72,695
End of period	88,597	70,260
Supplemental Cash Flow Information:
Cash paid for interest	9,925	9,958
Cash paid for income taxes, net	891	941
Unpaid purchases of property and equipment included in accounts payable	$ 898	$ 1,005

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Description of Business and Basis of Presentation	1. Description of Business and Basis of Presentation Commercial Vehicle Group, Inc. is a Delaware (USA) corporation. We were formed as a privately-held company in August 2000. We became a publicly held company in 2004. The company and its subsidiaries (the “Company” or “CVG”) is a leading supplier of a full range of cab related products and systems for the global commercial vehicle market, including the medium- and heavy-duty truck (“MD / HD Truck”) market, the medium- and heavy-duty construction vehicle market, and the bus, agriculture, military, specialty transportation, mining, industrial equipment and off-road recreational markets. The Company has manufacturing operations in the United States, Mexico, United Kingdom, Czech Republic, Ukraine, China, India and Australia. Our products are primarily sold in North America, Europe, and the Asia/Pacific region. Our products include seats and seating systems (“Seats”); trim systems and components (“Trim”); cab structures, sleeper boxes, body panels and structural components; mirrors, wipers and controls; and electronic wire harness and panel assemblies specifically designed for applications in commercial vehicles. We are differentiated from automotive industry suppliers by our ability to manufacture low volume, customized products on a sequenced basis to meet the requirements of our customers. We believe our products are used by a majority of the North American MD / HD Truck and certain leading global construction and agriculture original equipment manufacturers (“OEMs”), which we believe creates an opportunity to cross-sell our products. We have prepared the condensed consolidated financial statements included herein, without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The information furnished in the condensed consolidated financial statements includes normal recurring adjustments and reflects all adjustments, which are, in the opinion of management, necessary for a fair presentation of the results of operations and statements of financial position for the interim periods presented. Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. We believe that the disclosures are adequate to make the information presented not misleading when read in conjunction with our fiscal 2014 consolidated financial statements and the notes thereto included in Part II, Item 8 of our Annual Report on Form 10-K as filed with the SEC on March 16, 2015. Unless otherwise indicated, all amounts are in thousands, except per share amounts. S EGMENTS Operating segments are defined as components of an enterprise that are evaluated regularly by the Company’s chief operating decision maker (“CODM”). The Company’s CODM is its President and Chief Executive Officer. In the fourth quarter of 2014, two reportable segments were established: the Global Truck and Bus Segment (“GTB Segment”) and the Global Construction and Agriculture Segment (“GCA Segment”). Each of these segments consists of a number of manufacturing facilities. Generally, the facilities in the GTB Segment manufacture and sell Seats, Trim, wipers, mirrors, structures and other products into the MD / HD Truck and bus markets. Generally, the facilities in the GCA Segment manufacture and sell wire harnesses, Seats and other products into the construction and agriculture markets. Both segments participate in the aftermarket. Certain of our manufacturing facilities manufacture and sell products through both of our segments. Each manufacturing facility that sells products through both segments is reflected in the financial results of the segment that has the greatest amount of sales from that manufacturing facility. Our segments are more specifically described below. The GTB Segment manufactures and sells the following products: • Seats; Trim; sleeper boxes; and cab structures, structural components and body panels. These products are sold primarily to the MD / HD Truck markets in North America; • Seats to the truck and bus markets in Asia Pacific and Europe; • Mirrors and wiper systems to the truck, bus, agriculture, construction, rail and military markets in North America; • Trim to the recreational and specialty vehicle markets in North America; and • Aftermarket seats and components into North America. The GCA Segment manufactures and sells the following products: • Electronic wire harness assemblies, and Seats for commercial, construction, agricultural, industrial, automotive and mining industries in North America, Europe and Asia Pacific; • Aftermarket seats and components in Europe and Asia Pacific; • Office seating in Europe and Asia Pacific; • Seats to the truck and bus markets in Asia Pacific and Europe; and • Wiper systems to the construction and agriculture markets in Europe. Some of these costs that are for the benefit of the operations are allocated based on a combination of methodologies consistent with 2014 allocations. Corporate expenses consist of certain overhead and shared costs that are not directly attributable to the operations of a segment. Inter-segment eliminations are also reflected in the corporate component.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Recently Issued Accounting Pronouncements	2. Recently Issued Accounting Pronouncements In May 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-07, “ Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (Topic 820)” In April 2015, the FASB issued ASU No. 2015-05, “ Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement”. In April 2015, the FASB issued ASU No. 2015-03, “ Simplifying the Presentation of Debt Issuance Costs” In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements-Going Concern (Topic 205-40) In May 2014, the FASB issued ASU No. 2014-09, “ Revenue from Contracts with Customers”

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2015
Fair Value Measurement	3. Fair Value Measurement Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1 – Unadjusted quoted prices in active markets for identical assets and liabilities. Level 2 – Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. Level 3 – Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. The fair values of our derivative assets and liabilities are categorized as follows: June 30, 2015 December 31, 2014 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Derivative assets 1 $ 316 $ — $ 316 $ — $ 232 $ — $ 232 $ — Derivative liabilities 1 $ 601 $ — $ 601 $ — $ 562 $ — $ 562 $ — 1 Based on observable market transactions of spot and forward rates. Our derivative assets and liabilities represent foreign exchange contracts that are measured at fair value using observable market inputs such as forward rates. Based on these inputs, the derivative assets and liabilities are classified as Level 2. Our financial instruments consist of cash, accounts receivable, accounts payable, accrued liabilities and our revolving credit facility. The carrying value of these instruments approximates fair value as a result of the short duration of such instruments or due to the variability of interest cost associated with such instruments. The carrying amounts and fair values of our long-term debt obligations are as follows: June 30, 2015 December 31, 2014 Carrying Fair Value Carrying Fair Value Long-term debt $ 250,000 $ 257,500 $ 250,000 $ 257,500 The fair value of long-term debt obligations is based on a fair value model utilizing observable inputs. Based on these inputs, our long-term debt is classified as Level 2. There were no fair value measurements of our long-lived assets and definite-lived intangible assets measured on a non-recurring basis as of June 30, 2015. There were no fair value measurements of our long-lived assets and definite-lived intangible assets measured on a non-recurring basis as of June 30, 2014, except for an impairment of $0.8 million recognized for our Norwalk facility land and building assets based on the selling price of $0.6 million in the executed sales agreement. The impairment was recorded in cost of sales in the Income Statement. The assets are classified as Level 2.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity	4. Stockholders’ Equity Common Stock — Preferred Stock — Earnings Per Share — Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net income attributable to common stockholders $ 3,205 $ 2,739 $ 6,797 $ 2,231 Weighted average number of common shares outstanding 29,149 28,868 29,149 28,864 Dilutive effect of restricted stock grants 188 336 122 168 Diluted shares outstanding 29,337 29,204 29,271 29,032 Basic and Diluted income per share attributable to common stockholders $ 0.11 $ 0.09 $ 0.23 $ 0.08 For the three and six months ended June 30, 2015, there was no outstanding restricted stock having an antidilutive effect. For the three and six months ended June 30, 2014, diluted earnings per share did not include 141 thousand antidilutive outstanding stock options. All previously granted and unexercised stock options expired in October 2014. Dividends —

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2015
Share-Based Compensation	5. Share-Based Compensation Restricted Stock Awards The following table summarizes information about restricted stock grants as of June 30, 2015: Grant Shares Vesting Schedule Unearned Remaining November 2012 494,151 3 equal annual installments commencing on October 20, 2013 $ 0.2 4 August 2013 100,000 3 equal annual installments commencing on October 20, 2014 $ 0.3 16 November 2013 470,997 3 equal annual installments commencing on October 20, 2014 $ 1.0 16 January 2014 4,100 3 equal annual installments commencing on October 20, 2014 $ — 16 March 2014 18,802 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 May 2014 17,500 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 September 2014 30,000 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 October 2014 506,171 3 equal annual installments commencing on October 20, 2015 $ 2.5 28 April 2015 27,174 3 equal annual installments commencing on October 20, 2015 $ 0.1 28 May 2015 17,500 3 equal annual installments commencing on October 20, 2015 $ 0.1 28 As of June 30, 2015, there was approximately $4.5 million of unearned compensation expense related to non-vested share-based compensation arrangements granted under our equity incentive plans. This expense is subject to future adjustments for vesting and forfeitures and will be recognized on a straight-line basis over the remaining period listed above for each grant. We currently estimate the forfeiture rate for 2014, 2013 and 2012 restricted stock awards at 11.0%, 8.2% and 8.2%, respectively, for all participants under our equity incentive plans. The following table summarizes information about the non-vested restricted stock grants for the six months ended June 30, 2015 and 2014: Six Months Ended June 30, 2015 2014 Nonvested Restricted Stock Nonvested Restricted Stock Shares Weighted- Shares Weighted- Nonvested at December 31 915 $ 6.96 855 $ 7.59 Granted 45 6.36 40 9.00 Vested — — (22 ) 7.49 Forfeited (39 ) 6.90 (27 ) 7.94 Nonvested at June 30 921 $ 6.82 846 $ 7.65 There were 45 thousand shares of restricted stock granted during the six months ended June 30, 2015. As of June 30, 2015 and 2014 a total of 1.9 million and 2.2 million shares, respectively, were available from the shares authorized for award under our 2014 Equity Incentive Plan and Fourth Amended and Restated Equity Incentive Plan, including cumulative forfeitures.

Performance Based Awards

Performance Based Awards	6 Months Ended
	Jun. 30, 2015
Performance Based Awards	6. Performance Based Awards Awards, defined as cash, shares or other awards, may be granted to employees under the Commercial Vehicle Group, Inc. 2014 Equity Incentive Plan (the “2014 EIP”). The award is earned and payable based upon the Company’s relative “Total Shareholder Return” in terms of ranking as compared to the “Peer Group” over a three-year period (the “Performance Period”). Total Shareholder Return is determined by the percentage change in value (positive or negative) over the applicable measurement period as measured by dividing (A) the sum of (I) the cumulative value of dividends and other distributions paid on the Common Stock (or the publicly traded common stock of the applicable Peer Group company) for the applicable measurement period, and (II) the difference (positive or negative) between each such company’s “Starting Stock Price” and “Ending Stock Price,” by (B) the Starting Stock Price. The award is to be paid out at the end of the Performance Period in cash if the employee is employed through the end of the Performance Period. If the employee is not present during the entire Performance Period, the award will be forfeited. These grants were accounted for as cash settlement awards for which the fair value of the award fluctuates based on the change in Total Shareholder Return in relation to the “Peer Group”. Performance awards were granted under the 2014 EIP in November 2014, and in November 2013 and 2012 under the Fourth Amended and Restated Equity Incentive Plan. Grant Date Grant Forefeitures Payments/ Balance Vesting Schedule Unrecognized Remaining November 2012 $ 1,865 $ (1,429 ) $ (282 ) $ 154 November 2015 $ 13 3 November 2013 1,351 (561 ) — 790 November 2016 329 15 November 2014 2,087 (254 ) — 1,833 November 2017 1,375 27 $ 5,303 $ (2,244 ) $ (282 ) $ 2,777 $ 1,717 Compensation expense was recognized totaling $0.1 million for the three months ended June 30, 2015 and 2014. The expense to be recorded in future periods totals $1.7 million for the unvested portion of the awards outstanding at June 30, 2015.

Accounts Receivable

Accounts Receivable	6 Months Ended
	Jun. 30, 2015
Accounts Receivable	7. Accounts Receivable Trade accounts receivable are stated at current value less an allowance for doubtful accounts, which approximates fair value. This estimated allowance is based primarily on management’s evaluation of specific balances as the balances become past due, the financial condition of our customers and our historical experience of write-offs. If not reserved through specific identification procedures, our general policy for uncollectible accounts is to reserve at a certain percentage, based upon the aging categories of accounts receivable and our historical experience with write-offs. Past due status is based upon the due date of the original amounts outstanding. When items are ultimately deemed uncollectible, they are charged off against the reserve previously established in the allowance for doubtful accounts.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventories	8. Inventories Inventories are valued at the lower of first-in, first-out (“FIFO”) cost or market. Cost includes applicable material, labor and overhead. Inventories consisted of the following: June 30, 2015 December 31, Raw materials $ 55,292 $ 58,359 Work in process 11,297 10,969 Finished goods 15,108 14,448 $ 81,697 $ 83,776 Inventories on-hand are regularly reviewed and, where necessary, provisions for excess and obsolete inventory are recorded based primarily on our estimated production requirements which reflect expected market volumes. Excess and obsolete provisions may vary by product depending upon future potential use of the product.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets	9. Goodwill and Intangible Assets Goodwill represents the excess of acquisition purchase price over the fair value of net assets acquired. We review goodwill for impairment annually, initially utilizing a qualitative assessment, in the second fiscal quarter and whenever events or changes in circumstances indicate the carrying value may not be recoverable. Goodwill is attributable to the Global Truck and Bus Segment. In conducting the qualitative assessment, we consider relevant events and circumstances that affect the fair value or carrying amount of the reporting unit. Such events and circumstances could include macroeconomic conditions, industry and market considerations, overall financial performance, entity and reporting unit specific events, cost factors and capital markets pricing. We consider the extent to which each of the adverse events and circumstances identified affect the comparison of the reporting unit’s fair value with its carrying amount. We place more weight on the events and circumstances that most affect the reporting unit’s fair value or the carrying amount of its net assets. We consider positive and mitigating events and circumstances that may affect its determination of whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. These factors are all considered by management in reaching its conclusion about whether to perform the first step of the impairment test. No impairment was recognized as a result of the second quarter 2015 assessment. If the reporting unit’s fair value is determined to be more likely than not impaired based on the one-step qualitative approach, we then perform a quantitative valuation to estimate the fair value of our reporting unit. Implied fair value of goodwill is determined by considering both the income and market approach. Determining the fair value of a reporting unit is judgmental in nature and involves the use of significant estimates and assumptions. These estimates and assumptions include revenue growth rates and operating margins used to calculate projected future cash flows, risk-adjusted discount rates, future economic and market conditions and determination of appropriate market comparables. We base our fair value estimates on assumptions we believe to be reasonable but that are inherently uncertain. Our definite-lived intangible assets were comprised of the following: June 30, 2015 December 31, 2014 Amortization Gross Accumulated Net Amortization Gross Accumulated Net Definite-lived intangible assets: Trademarks/Tradenames 23 years $ 9,518 $ (3,756 ) $ 5,762 23 years $ 9,580 $ (3,585 ) $ 5,995 Customer relationships 15 years 14,612 (2,513 ) 12,099 15 years 14,622 (2,028 ) 12,594 $ 24,130 $ (6,269 ) $ 17,861 $ 24,202 $ (5,613 ) $ 18,589 The aggregate intangible asset amortization expense was approximately $0.3 million and $0.4 million for the three months ended June 30, 2015 and 2014, and approximately $0.7 million and $0.8 million for the six months ended June 30, 2015 and 2014. The estimated intangible asset amortization expense for the fiscal year ending December 31, 2015 and for each of the five succeeding years is $1.3 million. The changes in the carrying amounts of goodwill are as follows: June 30, December 31, Balance - Beginning $ 8,056 $ 8,220 Currency translation adjustment (8 ) (164 ) Balance - Ending $ 8,048 $ 8,056

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies	10. Commitments and Contingencies Warranty — The following represents a summary of the warranty provision for the six months ended June 30, 2015: Balance — December 31, 2014 $ 4,438 Provisions for new warranties issued 3,236 Changes in provision for preexisting warranties (158 ) Deduction for payments made (1,395 ) Currency translation adjustment 6 Balance — June 30, 2015 $ 6,127 Leases Litigation —

Debt and Credit Facilities

Debt and Credit Facilities	6 Months Ended
	Jun. 30, 2015
Debt and Credit Facilities	11. Debt and Credit Facilities Debt consisted of the following: June 30, 2015 December 31, 2014 7.875% senior secured notes due April 15, 2019 $ 250,000 $ 250,000 7.875% Senior Secured Notes due 2019 The 7.875% notes were issued pursuant to an indenture, dated as of April 26, 2011 (the “7.875% Notes Indenture”), by and among CVG, certain of our subsidiaries party thereto, as guarantors (the “guarantors”), and U.S. Bank National Association, as trustee. Interest is payable on the 7.875% notes on April 15 and October 15 of each year until their maturity date of April 15, 2019. The 7.875% notes are senior secured obligations of CVG. Our obligations under the 7.875% notes are guaranteed by the guarantors. The obligations of CVG and the guarantors under the 7.875% notes are secured by a second-priority lien (subject to certain permitted liens) on substantially all of the property and assets of CVG and the guarantors, and a pledge of 100% of the capital stock of CVG’s domestic subsidiaries and 65% of the voting capital stock of each foreign subsidiary directly owned by CVG and the guarantors. The liens, the security interests and all of the obligations of CVG and the guarantors and all provisions regarding remedies in an event of default are subject to an intercreditor agreement among CVG, certain of its subsidiaries, the agent for the revolving credit facility and the collateral agent for the 7.875% notes. The 7.875% Notes Indenture contains restrictive covenants and events of default (subject to certain customary grace periods). We were in compliance with these covenants and were not in default as of June 30, 2015. On and after April 15, 2015, the Company is entitled at its option to redeem all or a portion of the 7.875% notes at the redemption prices, plus accrued and unpaid interest, if any, to the redemption date, if redeemed during the 12-month period commencing on April 15 of the years set forth below: Year Redemption Price 2015 103.938 % 2016 101.969 % 2017 and thereafter 100.000 % The Company did not redeem any amounts of the 7.875% notes in the quarter ended June 30, 2015. If we experience certain change of control events, holders of the 7.875% notes may require us to repurchase all or part of their notes at 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the repurchase date. Revolving Credit Facility On November 15, 2013, the Company and certain of the Company’s subsidiaries, as borrowers (together with the Company, the “borrowers”) entered into a Second Amended and Restated Loan and Security Agreement (as so amended and restated, the “Second ARLS Agreement”) with Bank of America, N.A. as agent and lender, which amended and restated the Amended and Restated Loan and Security Agreement, dated as of April 26, 2011, by and among the Company, the borrowers and Bank of America, N.A., as agent and lender, as amended, governing the Company’s revolving credit facility. Among other things, the Second ARLS Agreement extended the maturity of the revolving credit facility to November 15, 2018 and amended the applicable margin, as described below. The Second ARLS Agreement included amendments to certain covenants to provide additional flexibility, including amendments to (i) eliminate the aggregate cap on permitted distributions and instead condition such distributions on minimum availability, fixed charge coverage ratio and other requirements, (ii) eliminate the aggregate cap on permitted foreign investments and instead condition such foreign investments on minimum availability, fixed charge coverage ratio and other requirements, (iii) eliminate the aggregate cap on purchase consideration for permitted acquisitions and instead condition such acquisitions on minimum availability, fixed charge coverage ratio and other requirements and (iv) permitting certain sale-leaseback transactions. In addition, the covenant restricting payment of certain debt was amended to permit repurchases of the Company’s 7.875% senior secured notes due 2019 if certain conditions are met. The Second ARLS Agreement also amended the financial covenant to reduce the fixed charge coverage ratio maintenance requirement to 1.0:1.0 and reduced the availability threshold for triggering compliance with the fixed charge coverage ratio, as described below. The size of the revolving credit facility was unchanged by the Second ARLS Agreement and remains at $40 million, but the borrowers may request an increase in revolver commitments from time to time in an aggregate amount of up to $35 million, as long as the requested increase does not breach any subordinated debt agreement of the borrowers or the indenture governing the Company’s 7.875% senior secured notes due 2019. Availability under the revolving credit facility is subject to borrowing base limitations and an availability block equal to the amount of debt and foreign cash management services Bank of America, N.A. or its affiliates makes available to the Company’s foreign subsidiaries. Up to an aggregate of $10.0 million is available to the borrowers for the issuance of letters of credit, which reduces availability under the revolving credit facility. The applicable margin is based on average daily availability under the revolving credit facility as follows: Level Average Daily Availability Base Rate LIBOR III ³ 0.50 % 1.50 % II > $10,000,000 but < $20,000,000 0.75 % 1.75 % I £ 1.00 % 2.00 % As of June 30, 2015, we had approximately $3.3 million in deferred fees compared to $3.8 million as of December 31, 2014. The deferred fees relate to the revolving credit facility and our 7.875% notes and were being amortized over the remaining life of the agreements. As of June 30, 2015 and December 31, 2014, we did not have borrowings under the revolving credit facility. We had outstanding letters of credit of approximately $2.9 million and borrowing availability of $37.1 million under the revolving credit facility. The borrowers’ obligations under the revolving credit facility are secured by a first-priority lien (subject to certain permitted liens) on substantially all of the tangible and intangible assets of the borrowers, as well as 100% of the capital stock of the direct domestic subsidiaries of each borrower and 65% of the capital stock of each foreign subsidiary directly owned by a borrower. Each of CVG and each other borrower is jointly and severally liable for the obligations under the revolving credit facility and unconditionally guarantees the prompt payment and performance thereof. The applicable margin will be subject to increase or decrease by the agent on the first day of the calendar month following each fiscal quarter end. If the agent is unable to calculate average daily availability for a fiscal quarter due to borrower’s failure to deliver a borrowing base certificate when required, the applicable margin will be set at Level I until the first day of the calendar month following receipt of a borrowing base certificate. As of June 30, 2015, the applicable margin was set at Level III. The Company pays a commitment fee to the lenders equal to 0.25% per annum of the unused amounts under the revolving credit facility. Terms, Covenants and Compliance Status The Second ARLS Agreement requires the maintenance of a minimum fixed charge coverage ratio calculated based upon consolidated EBITDA (as defined in the revolving credit facility) as of the last day of each of the Company’s fiscal quarters. The borrowers are not required to comply with the fixed charge coverage ratio requirement for as long as the borrowers maintain at least $7.5 million of borrowing availability under the revolving credit facility. If borrowing availability is less than $7.5 million at any time, the borrowers would be required to comply with a fixed charge coverage ratio of 1.0:1.0 as of the end of any fiscal quarter, and would be required to continue to comply with these requirements until the borrowers have borrowing availability of $7.5 million or greater for 60 consecutive days. Because the Company had borrowing availability in excess of $7.5 million from December 31, 2014 through June 30, 2015, the Company was not required to comply with the minimum fixed charge coverage ratio covenant during the quarter ended June 30, 2015. The Second ARLS Agreement contains customary restrictive covenants, including, without limitation, limitations on the ability of the borrowers and their subsidiaries to incur additional debt and guarantees; grant liens on assets; pay dividends or make other distributions; make investments or acquisitions; dispose of assets; make payments on certain indebtedness; merge, combine with any other person or liquidate; amend organizational documents; file consolidated tax returns with entities other than other borrowers or their subsidiaries; make material changes in accounting treatment or reporting practices; enter into restrictive agreements; enter into hedging agreements; engage in transactions with affiliates; enter into certain employee benefit plans; amend subordinated debt or the indenture governing the 7.875% senior secured notes due 2019; and other matters customarily restricted in loan agreements. The Second ARLS Agreement also contains customary reporting and other affirmative covenants. The Company was in compliance with these covenants as of June 30, 2015. The Second ARLS Agreement contains customary events of default, including, without limitation, nonpayment of obligations under the revolving credit facility when due; material inaccuracy of representations and warranties; violation of covenants in the Second ARLS Agreement and certain other documents executed in connection therewith; breach or default of agreements related to debt in excess of $5.0 million that could result in acceleration of that debt; revocation or attempted revocation of guarantees; denial of the validity or enforceability of the loan documents or failure of the loan documents to be in full force and effect; certain judgments in excess of $2.0 million; the inability of an obligor to conduct any material part of its business due to governmental intervention, loss of any material license, permit, lease or agreement necessary to the business; cessation of an obligor’s business for a material period of time; impairment of collateral through condemnation proceedings; certain events of bankruptcy or insolvency; certain Employee Retirement Income Securities Act events; and a change in control of the Company. Certain of the defaults are subject to exceptions, materiality qualifiers, grace periods and baskets customary for credit facilities of this type. Voluntary prepayments of amounts outstanding under the revolving credit facility are permitted at any time, without premium or penalty. The Second ARLS Agreement requires the borrowers to make mandatory prepayments with the proceeds of certain asset dispositions and upon the receipt of insurance or condemnation proceeds to the extent the borrowers do not use the proceeds for the purchase of assets useful in the borrowers’ businesses. As of June 30, 2015, we were in compliance with the customary restrictive covenants and events of default under the Second ARLS Agreement.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes	12. Income Taxes We file federal and state income tax returns in the U.S. and income tax returns in foreign jurisdictions. With a few exceptions, we are no longer subject to income tax examinations by any of the taxing jurisdictions for years before 2009. We currently have no income tax examinations in process. As of June 30, 2015, we have provided a liability of approximately $28 thousand for unrecognized tax benefits related to various federal and state income tax positions, which would impact our effective tax rate if recognized. We accrue penalties and interest related to unrecognized tax benefits through income tax expense. We had approximately $3 thousand accrued for the payment of interest and penalties at June 30, 2015 compared to $2 thousand at December 31, 2014. Accrued interest and penalties are included in the $28 thousand of unrecognized tax benefits compared to $27 thousand at December 31, 2014. During the fiscal quarter ended June 30, 2015, we did not release any tax reserves associated with items falling outside the statute of limitations or the closure of certain tax years for examination purposes. Events could occur within the next 12 months that would have an impact on the amount of unrecognized tax benefits that would be required. Within the next 12 months, approximately $28 thousand of unrecognized tax benefits could be released related to items that are affected by expiring statutes of limitation. At June 30, 2015, due to cumulative losses and other factors, we continue to carry valuation allowances against the deferred assets primarily in the following foreign jurisdictions: United Kingdom, India, Luxembourg and Beijing, China. We have also established valuation allowances related to certain state deferred assets that we believe to be more likely than not to expire before they can be utilized. We evaluate the need for valuation allowances in each of our jurisdictions on a quarterly basis.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2015
Segment Reporting	13. Segment Reporting The following tables present segment revenues, gross profit, depreciation and amortization expense, selling, general and administrative expenses, operating income, capital expenditures and other items as of and for the three and six months ended June 30, 2015 and 2014: For the three months ended June 30, 2015 Global Global Corporate / Total Revenues External Revenues $ 149,263 $ 68,354 $ — $ 217,617 Intersegment Revenues 82 2,343 (2,425 ) — Total Revenues $ 149,345 $ 70,697 $ (2,425 ) $ 217,617 Gross Profit 22,885 7,570 (949 ) 29,506 Depreciation and Amortization Expense 2,214 1,489 694 4,397 Selling, General & Administrative Expenses 7,492 4,690 5,403 17,585 Operating Income (Loss) $ 15,095 $ 2,845 $ (6,352 ) $ 11,588 Other Items: Capital Expenditures $ 2,058 $ 861 $ 1,828 $ 4,747 Other Items 1 463 — — 463 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment. For the three months ended June 30, 2014 Global Global Corporate / Total Revenues External Revenues $ 133,045 $ 82,951 $ — $ 215,996 Intersegment Revenues 127 2,557 (2,684 ) — Total Revenues $ 133,172 $ 85,508 $ (2,684 ) $ 215,996 Gross Profit 18,938 10,124 (877 ) 28,185 Depreciation and Amortization Expense 2,281 1,431 840 4,552 Selling, General & Administrative Expenses 6,975 5,397 6,376 18,748 Operating Income (Loss) $ 11,609 $ 4,690 $ (7,252 ) $ 9,047 Other Items: Capital Expenditures $ 1,494 $ 1,766 $ 314 $ 3,574 Other Items 1 51 — — 51 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.1 million in the GTB Segment. For the six months ended June 30, 2015 Global Global Corporate / Total Revenues External Revenues $ 295,068 $ 142,852 $ — $ 437,920 Intersegment Revenues 183 5,892 (6,075 ) — Total Revenues $ 295,251 $ 148,744 $ (6,075 ) $ 437,920 Gross Profit 44,230 16,261 (1,911 ) 58,580 Depreciation and Amortization Expense 4,438 3,005 1,431 8,874 Selling, General & Administrative Expenses 14,438 9,731 10,955 35,124 Operating Income (Loss) $ 29,195 $ 6,459 $ (12,867 ) $ 22,787 Other Items: Capital Expenditures $ 3,140 $ 2,374 $ 2,151 $ 7,665 Other Items 1 1,142 — — 1,142 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $1.1 million in the GTB Segment. For the six months ended June 30, 2014 Global Global Corporate / Total Revenues External Revenues $ 254,752 $ 159,315 $ — $ 414,067 Intersegment Revenues 262 5,097 (5,359 ) — Total Revenues $ 255,014 $ 164,412 $ (5,359 ) $ 414,067 Gross Profit 35,100 19,113 (1,724 ) 52,489 Depreciation and Amortization Expense 4,457 2,835 1,683 8,975 Selling, General & Administrative Expenses 14,522 10,747 11,951 37,220 Operating Income (Loss) $ 19,877 $ 8,292 $ (13,675 ) $ 14,494 Other Items: Capital Expenditures $ 2,145 $ 2,840 $ 507 $ 5,492 Other Items 1 1,269 — — 1,269 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment. The GTB Segment includes a loss on the sale of a manufacturing facility of $0.8 million in Norwalk, Ohio.

Foreign Currency Forward Exchan

Foreign Currency Forward Exchange Contracts	6 Months Ended
	Jun. 30, 2015
Foreign Currency Forward Exchange Contracts	14. Foreign Currency Forward Exchange Contracts We use forward exchange contracts to hedge certain of the foreign currency transaction exposures. We estimate our projected revenues and purchases in certain foreign currencies or locations and will hedge a portion or all of the anticipated long or short positions. As of June 30, 2015, we did not have any derivatives designated as hedging instruments; therefore, our forward foreign exchange contracts have been marked-to-market and the fair value of contracts recorded in the consolidated balance sheets with the offsetting non-cash gain or loss recorded in our consolidated statements of income. We do not hold or issue foreign exchange options or forward contracts for trading purposes. Our forward foreign exchange contracts are subject to a master netting agreement. We record assets and liabilities relating to our forward foreign exchange contracts on a gross basis in our consolidated balance sheets. The following table summarizes the notional amount of our open foreign exchange contracts: June 30, 2015 December 31, 2014 U.S. Dollar Fair Value U.S. Dollar Fair Value Commitments to buy currencies: $ 7,427 $ 6,826 $ 11,874 $ 11,312 Commitments to sell currencies: $ 5,289 $ 4,973 $ 12,332 $ 12,099 We consider the impact of our credit risk on the fair value of the contracts, as well as the ability to execute obligations under the contract. The following table summarizes the fair value and presentation in the consolidated balance sheets for derivatives, none of which are designated as accounting hedges: Asset Derivatives June 30, 2015 December 31, 2014 Balance Sheet Location Fair Value Balance Sheet Fair Value Foreign exchange contracts Other current assets $ 316 Other current assets $ 232 Liability Derivatives June 30, 2015 December 31, 2014 Balance Sheet Fair Value Balance Sheet Fair Value Foreign exchange contracts Accrued liabilities $ 601 Accrued liabilities $ 562 The following table summarizes the effect of derivative instruments on the consolidated statements of operations for derivatives not designated as hedging instruments: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Location of (Loss) Gain Recognized in Income on Derivatives Amount of (Loss) Gain Amount of (Loss) Gain Foreign exchange contracts Cost of Revenues $ 204 $ 43 $ 42 $ 124

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2015
Other Comprehensive Income (Loss)	15. Other Comprehensive Income (Loss) The after-tax changes in accumulated other comprehensive loss is as follows: Foreign Pension and Accumulated other loss Ending balance, December 31, 2014 $ (16,507 ) $ (20,781 ) $ (37,288 ) Net current period change (2,845 ) — (2,845 ) Reclassification adjustments for losses reclassified into income — 186 186 Ending balance, June 30, 2015 $ (19,352 ) $ (20,595 ) $ (39,947 ) Foreign Pension and Accumulated other loss Ending balance, December 31, 2013 $ (11,907 ) $ (14,401 ) $ (26,308 ) Net current period change 408 — 408 Ending balance, June 30, 2014 $ (11,499 ) $ (14,401 ) $ (25,900 ) The related tax effects allocated to each component of other comprehensive loss are as follows: Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Before Tax Expense After Before Tax After Retirement benefits adjustment 159 (33 ) 126 252 (66 ) 186 Cumulative translation adjustment 163 — 163 (2,845 ) — (2,845 ) Total other comprehensive income (loss) $ 322 $ (33 ) $ 289 $ (2,593 ) $ (66 ) $ (2,659 ) Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Before Tax Expense After Before Tax After Cumulative translation adjustment (3 ) — (3 ) 408 — 408 Total other comprehensive income (loss) $ (3 ) $ — $ (3 ) $ 408 $ — $ 408

Pension and Other Post-Retireme

Pension and Other Post-Retirement Benefit Plans	6 Months Ended
	Jun. 30, 2015
Pension and Other Post-Retirement Benefit Plans	16. Pension and Other Post-Retirement Benefit Plans We sponsor pension and other post-retirement benefit plans that cover certain hourly and salaried employees in the United States and United Kingdom. Our policy is to make annual contributions to the plans to fund the normal cost as required by local regulations. In addition, we have a post-retirement benefit plan for certain U.S. operations, retirees and their dependents. The components of net periodic benefit cost related to pension and other post-retirement benefit plans is as follows: U.S. Pension Plans Non-U.S. Pension Plans Other Post-Retirement Benefit Plans Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, 2015 2014 2015 2014 2015 2014 Service cost $ 29 $ 24 $ — $ — $ — $ — Interest cost 463 472 368 470 4 (33 ) Expected return on plan assets (668 ) (592 ) (397 ) (433 ) — — Amortization of prior service cost — — — — 2 — Recognized actuarial loss (gain) 117 — 69 — (30 ) — Net periodic benefit cost $ (59 ) $ (96 ) $ 40 $ 37 $ (24 ) $ (33 ) U.S. Pension Plans Non-U.S. Pension Plans Other Post-Retirement Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 2015 2014 Service cost $ 58 $ 48 $ — $ — $ — $ — Interest cost 926 944 736 948 8 (66 ) Expected return on plan assets (1,336 ) (1,184 ) (794 ) (875 ) — — Amortization of prior service cost — — — — 4 — Recognized actuarial loss (gain) 234 — 137 — (60 ) — Net periodic benefit cost $ (118 ) $ (192 ) $ 79 $ 73 $ (48 ) $ (66 ) We expect to contribute approximately $3.0 million to our pension plans and our other post-retirement benefit plans in 2015. As of June 30, 2015, $1.5 million of contributions have been made to our pension plans.

Purchase of Minority Interest

Purchase of Minority Interest	6 Months Ended
	Jun. 30, 2015
Purchase of Minority Interest	17. Purchase of Minority Interest In 2011, we entered into a joint venture (the “Joint Venture”) with Hema Engineering Industries Limited (“Hema”) for the production of seats and seating components for the India commercial vehicle market and for the supply of seats and components to our other global locations. At the date of the Joint Venture, we held a 90% ownership and Hema held a 10% ownership in the Joint Venture, which we deemed a voting interest entity. In connection with the acquisition of Vijayjyot Seats Private Limited in India in November 2012, our ownership interest increased to 99.74% and Hema was diluted to 0.26% ownership in the Joint Venture. Hema had the option to increase its ownership interest in the Joint Venture to 10% by May 2014, but did not exercise such option. In June 2015, we purchased the remaining 0.26% ownership in the Joint Venture from Hema for $40 thousand.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Values of Our Derivative Assets and Liabilities	The fair values of our derivative assets and liabilities are categorized as follows: June 30, 2015 December 31, 2014 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Derivative assets 1 $ 316 $ — $ 316 $ — $ 232 $ — $ 232 $ — Derivative liabilities 1 $ 601 $ — $ 601 $ — $ 562 $ — $ 562 $ — 1 Based on observable market transactions of spot and forward rates.
Carrying Amounts and Fair Values of Our Long-Term Debt Obligations	The carrying amounts and fair values of our long-term debt obligations are as follows: June 30, 2015 December 31, 2014 Carrying Fair Value Carrying Fair Value Long-term debt $ 250,000 $ 257,500 $ 250,000 $ 257,500

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Diluted Earnings per Share	Diluted earnings per share for the three and six months ended June 30, 2015 and 2014 includes the effects of potential common shares consisting of common stock issuable upon exercise of outstanding stock options and restrictive stock when dilutive. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net income attributable to common stockholders $ 3,205 $ 2,739 $ 6,797 $ 2,231 Weighted average number of common shares outstanding 29,149 28,868 29,149 28,864 Dilutive effect of restricted stock grants 188 336 122 168 Diluted shares outstanding 29,337 29,204 29,271 29,032 Basic and Diluted income per share attributable to common stockholders $ 0.11 $ 0.09 $ 0.23 $ 0.08

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Summary of Information about Restricted Stock Grants Outstanding	The following table summarizes information about restricted stock grants as of June 30, 2015: Grant Shares Vesting Schedule Unearned Remaining November 2012 494,151 3 equal annual installments commencing on October 20, 2013 $ 0.2 4 August 2013 100,000 3 equal annual installments commencing on October 20, 2014 $ 0.3 16 November 2013 470,997 3 equal annual installments commencing on October 20, 2014 $ 1.0 16 January 2014 4,100 3 equal annual installments commencing on October 20, 2014 $ — 16 March 2014 18,802 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 May 2014 17,500 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 September 2014 30,000 3 equal annual installments commencing on October 20, 2014 $ 0.1 16 October 2014 506,171 3 equal annual installments commencing on October 20, 2015 $ 2.5 28 April 2015 27,174 3 equal annual installments commencing on October 20, 2015 $ 0.1 28 May 2015 17,500 3 equal annual installments commencing on October 20, 2015 $ 0.1 28
Summary of Information about Nonvested Restricted Stock Grants	The following table summarizes information about the non-vested restricted stock grants for the six months ended June 30, 2015 and 2014: Six Months Ended June 30, 2015 2014 Nonvested Restricted Stock Nonvested Restricted Stock Shares Weighted- Shares Weighted- Nonvested at December 31 915 $ 6.96 855 $ 7.59 Granted 45 6.36 40 9.00 Vested — — (22 ) 7.49 Forfeited (39 ) 6.90 (27 ) 7.94 Nonvested at June 30 921 $ 6.82 846 $ 7.65

Performance Based Awards (Table

Performance Based Awards (Tables)	6 Months Ended
	Jun. 30, 2015
Schedule of Performance Activity	Grant Date Grant Forefeitures Payments/ Balance Vesting Schedule Unrecognized Remaining November 2012 $ 1,865 $ (1,429 ) $ (282 ) $ 154 November 2015 $ 13 3 November 2013 1,351 (561 ) — 790 November 2016 329 15 November 2014 2,087 (254 ) — 1,833 November 2017 1,375 27 $ 5,303 $ (2,244 ) $ (282 ) $ 2,777 $ 1,717

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventories	Inventories consisted of the following: June 30, 2015 December 31, Raw materials $ 55,292 $ 58,359 Work in process 11,297 10,969 Finished goods 15,108 14,448 $ 81,697 $ 83,776

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Summary of Intangible Assets	Our definite-lived intangible assets were comprised of the following: June 30, 2015 December 31, 2014 Amortization Gross Accumulated Net Amortization Gross Accumulated Net Definite-lived intangible assets: Trademarks/Tradenames 23 years $ 9,518 $ (3,756 ) $ 5,762 23 years $ 9,580 $ (3,585 ) $ 5,995 Customer relationships 15 years 14,612 (2,513 ) 12,099 15 years 14,622 (2,028 ) 12,594 $ 24,130 $ (6,269 ) $ 17,861 $ 24,202 $ (5,613 ) $ 18,589
Changes in Carrying Amounts of Goodwill	The changes in the carrying amounts of goodwill are as follows: June 30, December 31, Balance - Beginning $ 8,056 $ 8,220 Currency translation adjustment (8 ) (164 ) Balance - Ending $ 8,048 $ 8,056

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Summary of Warranty Provision	The following represents a summary of the warranty provision for the six months ended June 30, 2015: Balance — December 31, 2014 $ 4,438 Provisions for new warranties issued 3,236 Changes in provision for preexisting warranties (158 ) Deduction for payments made (1,395 ) Currency translation adjustment 6 Balance — June 30, 2015 $ 6,127

Debt and Credit Facilities (Tab

Debt and Credit Facilities (Tables)	6 Months Ended
	Jun. 30, 2015
Summary of Debt	Debt consisted of the following: June 30, 2015 December 31, 2014 7.875% senior secured notes due April 15, 2019 $ 250,000 $ 250,000
Percentage of Redemption Prices	Year Redemption Price 2015 103.938 % 2016 101.969 % 2017 and thereafter 100.000 %
Margin for Borrowings under Revolving Credit Facility	The applicable margin is based on average daily availability under the revolving credit facility as follows: Level Average Daily Availability Base Rate LIBOR III ³ 0.50 % 1.50 % II > $10,000,000 but < $20,000,000 0.75 % 1.75 % I £ 1.00 % 2.00 %

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting Information	The following tables present segment revenues, gross profit, depreciation and amortization expense, selling, general and administrative expenses, operating income, capital expenditures and other items as of and for the three and six months ended June 30, 2015 and 2014: For the three months ended June 30, 2015 Global Global Corporate / Total Revenues External Revenues $ 149,263 $ 68,354 $ — $ 217,617 Intersegment Revenues 82 2,343 (2,425 ) — Total Revenues $ 149,345 $ 70,697 $ (2,425 ) $ 217,617 Gross Profit 22,885 7,570 (949 ) 29,506 Depreciation and Amortization Expense 2,214 1,489 694 4,397 Selling, General & Administrative Expenses 7,492 4,690 5,403 17,585 Operating Income (Loss) $ 15,095 $ 2,845 $ (6,352 ) $ 11,588 Other Items: Capital Expenditures $ 2,058 $ 861 $ 1,828 $ 4,747 Other Items 1 463 — — 463 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment. For the three months ended June 30, 2014 Global Global Corporate / Total Revenues External Revenues $ 133,045 $ 82,951 $ — $ 215,996 Intersegment Revenues 127 2,557 (2,684 ) — Total Revenues $ 133,172 $ 85,508 $ (2,684 ) $ 215,996 Gross Profit 18,938 10,124 (877 ) 28,185 Depreciation and Amortization Expense 2,281 1,431 840 4,552 Selling, General & Administrative Expenses 6,975 5,397 6,376 18,748 Operating Income (Loss) $ 11,609 $ 4,690 $ (7,252 ) $ 9,047 Other Items: Capital Expenditures $ 1,494 $ 1,766 $ 314 $ 3,574 Other Items 1 51 — — 51 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.1 million in the GTB Segment. For the six months ended June 30, 2015 Global Global Corporate / Total Revenues External Revenues $ 295,068 $ 142,852 $ — $ 437,920 Intersegment Revenues 183 5,892 (6,075 ) — Total Revenues $ 295,251 $ 148,744 $ (6,075 ) $ 437,920 Gross Profit 44,230 16,261 (1,911 ) 58,580 Depreciation and Amortization Expense 4,438 3,005 1,431 8,874 Selling, General & Administrative Expenses 14,438 9,731 10,955 35,124 Operating Income (Loss) $ 29,195 $ 6,459 $ (12,867 ) $ 22,787 Other Items: Capital Expenditures $ 3,140 $ 2,374 $ 2,151 $ 7,665 Other Items 1 1,142 — — 1,142 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $1.1 million in the GTB Segment. For the six months ended June 30, 2014 Global Global Corporate / Total Revenues External Revenues $ 254,752 $ 159,315 $ — $ 414,067 Intersegment Revenues 262 5,097 (5,359 ) — Total Revenues $ 255,014 $ 164,412 $ (5,359 ) $ 414,067 Gross Profit 35,100 19,113 (1,724 ) 52,489 Depreciation and Amortization Expense 4,457 2,835 1,683 8,975 Selling, General & Administrative Expenses 14,522 10,747 11,951 37,220 Operating Income (Loss) $ 19,877 $ 8,292 $ (13,675 ) $ 14,494 Other Items: Capital Expenditures $ 2,145 $ 2,840 $ 507 $ 5,492 Other Items 1 1,269 — — 1,269 1 Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment. The GTB Segment includes a loss on the sale of a manufacturing facility of $0.8 million in Norwalk, Ohio.

Foreign Currency Forward Exch34

Foreign Currency Forward Exchange Contracts (Tables)	6 Months Ended
	Jun. 30, 2015
Notional Amount of Foreign Exchange Contracts	The following table summarizes the notional amount of our open foreign exchange contracts: June 30, 2015 December 31, 2014 U.S. Dollar Fair Value U.S. Dollar Fair Value Commitments to buy currencies: $ 7,427 $ 6,826 $ 11,874 $ 11,312 Commitments to sell currencies: $ 5,289 $ 4,973 $ 12,332 $ 12,099
Fair Value and Presentation in Consolidated Balance Sheets for Derivatives none of which are Designated as Accounting Hedges	The following table summarizes the fair value and presentation in the consolidated balance sheets for derivatives, none of which are designated as accounting hedges: Asset Derivatives June 30, 2015 December 31, 2014 Balance Sheet Location Fair Value Balance Sheet Fair Value Foreign exchange contracts Other current assets $ 316 Other current assets $ 232 Liability Derivatives June 30, 2015 December 31, 2014 Balance Sheet Fair Value Balance Sheet Fair Value Foreign exchange contracts Accrued liabilities $ 601 Accrued liabilities $ 562
Effect of Derivative Instruments on Consolidated Statements of Operations for Derivatives not Designated as Hedging Instruments	The following table summarizes the effect of derivative instruments on the consolidated statements of operations for derivatives not designated as hedging instruments: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Location of (Loss) Gain Recognized in Income on Derivatives Amount of (Loss) Gain Amount of (Loss) Gain Foreign exchange contracts Cost of Revenues $ 204 $ 43 $ 42 $ 124

Other Comprehensive Income (L35

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2015
After-tax Changes in Accumulated Other Comprehensive Loss	The after-tax changes in accumulated other comprehensive loss is as follows: Foreign Pension and Accumulated other loss Ending balance, December 31, 2014 $ (16,507 ) $ (20,781 ) $ (37,288 ) Net current period change (2,845 ) — (2,845 ) Reclassification adjustments for losses reclassified into income — 186 186 Ending balance, June 30, 2015 $ (19,352 ) $ (20,595 ) $ (39,947 ) Foreign Pension and Accumulated other loss Ending balance, December 31, 2013 $ (11,907 ) $ (14,401 ) $ (26,308 ) Net current period change 408 — 408 Ending balance, June 30, 2014 $ (11,499 ) $ (14,401 ) $ (25,900 )
Related Tax Effects Allocated to Each Component of Accumulated Other Comprehensive Loss	The related tax effects allocated to each component of other comprehensive loss are as follows: Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Before Tax Expense After Before Tax After Retirement benefits adjustment 159 (33 ) 126 252 (66 ) 186 Cumulative translation adjustment 163 — 163 (2,845 ) — (2,845 ) Total other comprehensive income (loss) $ 322 $ (33 ) $ 289 $ (2,593 ) $ (66 ) $ (2,659 ) Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Before Tax Expense After Before Tax After Cumulative translation adjustment (3 ) — (3 ) 408 — 408 Total other comprehensive income (loss) $ (3 ) $ — $ (3 ) $ 408 $ — $ 408

Pension and Other Post-Retire36

Pension and Other Post-Retirement Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Components of Net Periodic Benefit Cost	The components of net periodic benefit cost related to pension and other post-retirement benefit plans is as follows: U.S. Pension Plans Non-U.S. Pension Plans Other Post-Retirement Benefit Plans Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, 2015 2014 2015 2014 2015 2014 Service cost $ 29 $ 24 $ — $ — $ — $ — Interest cost 463 472 368 470 4 (33 ) Expected return on plan assets (668 ) (592 ) (397 ) (433 ) — — Amortization of prior service cost — — — — 2 — Recognized actuarial loss (gain) 117 — 69 — (30 ) — Net periodic benefit cost $ (59 ) $ (96 ) $ 40 $ 37 $ (24 ) $ (33 ) U.S. Pension Plans Non-U.S. Pension Plans Other Post-Retirement Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 2015 2014 Service cost $ 58 $ 48 $ — $ — $ — $ — Interest cost 926 944 736 948 8 (66 ) Expected return on plan assets (1,336 ) (1,184 ) (794 ) (875 ) — — Amortization of prior service cost — — — — 4 — Recognized actuarial loss (gain) 234 — 137 — (60 ) — Net periodic benefit cost $ (118 ) $ (192 ) $ 79 $ 73 $ (48 ) $ (66 )

Fair Values of our Derivative A

Fair Values of our Derivative Assets and Liabilities (Detail) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	[1]	$ 316	$ 232
Derivative liabilities	[1]	601	562
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	[1]	316	232
Derivative liabilities	[1]	$ 601	$ 562
[1]	Based on observable market transactions of spot and forward rates.

Carrying Amounts and Fair Value

Carrying Amounts and Fair Values of Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, carrying amount	$ 250,000	$ 250,000
Long-term debt, fair value	$ 257,500	$ 257,500

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property, plant and equipment	$ 0
Proceeds from disposal/sale of property, plant and equipment		$ 60,000	$ 561,000
Global Truck And Bus | OHIO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Proceeds from disposal/sale of property, plant and equipment			600,000
Global Truck And Bus | OHIO | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of property, plant and equipment			$ 800,000

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Stockholders Equity Note Disclosure [Line Items]
Common stock, shares authorized	60,000,000		60,000,000		60,000,000
Common stock, par value	$ 0.01		$ 0.01		$ 0.01
Common stock, shares issued	29,148,504		29,148,504		29,148,504
Common stock, shares outstanding	29,148,504		29,148,504		29,148,504
Preferred stock, shares authorized	5,000,000		5,000,000		5,000,000
Preferred stock, par value	$ 0.01		$ 0.01		$ 0.01
Preferred stock, shares outstanding	0		0		0
Stock Options
Stockholders Equity Note Disclosure [Line Items]
Antidilutive stock options excluded from earning per share		141,000		141,000
Restricted Stock
Stockholders Equity Note Disclosure [Line Items]
Antidilutive stock options excluded from earning per share	0		0

Diluted Earnings per Share (Det

Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stockholders Equity Note Disclosure [Line Items]
Net income attributable to common stockholders	$ 3,205	$ 2,739	$ 6,797	$ 2,231
Weighted average number of common shares outstanding	29,149	28,868	29,149	28,864
Dilutive effect of restricted stock grants	188	336	122	168
Diluted shares outstanding	29,337	29,204	29,271	29,032
Basic and Diluted income per share attributable to common stockholders	$ 0.11	$ 0.09	$ 0.23	$ 0.08

Summary of Information about Re

Summary of Information about Restricted Stock Grants (Detail) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned Compensation	$ 4.5
November 2,012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	494,151
Vesting Schedule	3 equal annual installments commencing on October 20, 2013
Unearned Compensation	$ 0.2
Remaining Period (in months)	4 months
August 2,013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	100,000
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Unearned Compensation	$ 0.3
Remaining Period (in months)	16 months
November 2,013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	470,997
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Unearned Compensation	$ 1
Remaining Period (in months)	16 months
January 2,014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	4,100
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Remaining Period (in months)	16 months
March 2,014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	18,802
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Unearned Compensation	$ 0.1
Remaining Period (in months)	16 months
May 2,014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	17,500
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Unearned Compensation	$ 0.1
Remaining Period (in months)	16 months
September 2,014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	30,000
Vesting Schedule	3 equal annual installments commencing on October 20, 2014
Unearned Compensation	$ 0.1
Remaining Period (in months)	16 months
October 2,014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	506,171
Vesting Schedule	3 equal annual installments commencing on October 20, 2015
Unearned Compensation	$ 2.5
Remaining Period (in months)	28 months
April 2,015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	27,174
Vesting Schedule	3 equal annual installments commencing on October 20, 2015
Unearned Compensation	$ 0.1
Remaining Period (in months)	28 months
May 2,015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares	17,500
Vesting Schedule	3 equal annual installments commencing on October 20, 2015
Unearned Compensation	$ 0.1
Remaining Period (in months)	28 months

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unearned compensation expense	$ 4.5
November 2,014
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Estimated forfeiture rate	11.00%
November 2,013
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unearned compensation expense	$ 1
Estimated forfeiture rate	8.20%
Granted	470,997
November 2,012
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unearned compensation expense	$ 0.2
Estimated forfeiture rate	8.20%
Granted	494,151
Fourth Amendment and Restated Equity Incentive Plan
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Authorized shares available for issuance	1,900,000	2,200,000
Restricted Stock
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Granted	45,000

Summary of Information about No

Summary of Information about Nonvested Restricted Stock Grants (Detail) - Restricted Stock - $ / shares shares in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Nonvested Restricted Stock Shares
Nonvested - beginning of year	915	855
Granted	45	40
Vested		(22)
Forfeited	(39)	(27)
Nonvested - end of year	921	846
Nonvested Restricted Stock Weighted-Average Grant-Date Fair Value
Nonvested - beginning of year	$ 6.96	$ 7.59
Granted	6.36	9
Vested		7.49
Forfeited	6.90	7.94
Nonvested - end of year	$ 6.82	$ 7.65

Schedule of Performance Activit

Schedule of Performance Activity (Detail) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unrecognized Compensation	$ 4,500
November 2,012
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unrecognized Compensation	200
November 2,013
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unrecognized Compensation	1,000
Performance Awards
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Beginning Balance	5,303
Forfeitures	(2,244)
Payments/ Adjustments	(282)
Ending Balance	2,777
Unrecognized Compensation	1,717
Performance Awards | November 2012
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Beginning Balance	1,865
Forfeitures	(1,429)
Payments/ Adjustments	(282)
Ending Balance	$ 154
Vesting Schedule	2015-11
Unrecognized Compensation	$ 13
Remaining Periods (in Months) to Vesting	3 months
Performance Awards | November 2013
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Beginning Balance	$ 1,351
Forfeitures	(561)
Ending Balance	$ 790
Vesting Schedule	2016-11
Unrecognized Compensation	$ 329
Remaining Periods (in Months) to Vesting	15 months
Performance Awards | November 2014
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Beginning Balance	$ 2,087
Forfeitures	(254)
Ending Balance	$ 1,833
Vesting Schedule	2017-11
Unrecognized Compensation	$ 1,375
Remaining Periods (in Months) to Vesting	27 months

Performance Based Awards - Addi

Performance Based Awards - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unearned compensation expense	$ 4,500
Performance Awards
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Unearned compensation expense	1,717
Compensation expense	$ 100	$ 100

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Raw materials	$ 55,292	$ 58,359
Work in process	11,297	10,969
Finished goods	15,108	14,448
Inventories	$ 81,697	$ 83,776

Goodwill and Intangible Asset48

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Finite Lived Intangible Assets Amortization Expense [Line Items]
Impairment charges	$ 0
Amortization Expense	333,000	$ 390,000	$ 669,000	$ 775,000
Estimated intangible asset amortization expense in 2015	1,300,000		1,300,000
Estimated intangible asset amortization expense in 2016	1,300,000		1,300,000
Estimated intangible asset amortization expense in 2017	1,300,000		1,300,000
Estimated intangible asset amortization expense in 2018	1,300,000		1,300,000
Estimated intangible asset amortization expense in 2019	$ 1,300,000		$ 1,300,000

Summary of Intangible Assets (D

Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Gross Carrying Amount	$ 24,130	$ 24,202
Definite-lived intangible assets, Accumulated Amortization	(6,269)	(5,613)
Definite-lived intangible assets, Net Carrying Amount	$ 17,861	$ 18,589
Trademarks/Tradenames
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Amortization Period	23 years	23 years
Definite-lived intangible assets, Gross Carrying Amount	$ 9,518	$ 9,580
Definite-lived intangible assets, Accumulated Amortization	(3,756)	(3,585)
Definite-lived intangible assets, Net Carrying Amount	$ 5,762	$ 5,995
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, Amortization Period	15 years	15 years
Definite-lived intangible assets, Gross Carrying Amount	$ 14,612	$ 14,622
Definite-lived intangible assets, Accumulated Amortization	(2,513)	(2,028)
Definite-lived intangible assets, Net Carrying Amount	$ 12,099	$ 12,594

Changes in Carrying Amounts of

Changes in Carrying Amounts of Goodwill (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Goodwill [Line Items]
Balance - Beginning	$ 8,056	$ 8,220
Currency translation adjustment	(8)	(164)
Balance - Ending	$ 8,048	$ 8,056

Summary of Warranty Provision (

Summary of Warranty Provision (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Product Warranty Liability [Line Items]
Balance - Beginning of the year	$ 4,438
Provisions for new warranties issued	3,236
Changes in provision for preexisting warranties	(158)
Deduction for payments made	(1,395)
Currency translation adjustment	6
Balance - End of year	$ 6,127

Summary of Debt (Detail)

Summary of Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
7.875% Senior Secured Notes due 2019
Debt Instrument [Line Items]
Total senior notes	$ 250,000	$ 250,000

Debt and Credit Facilities - Ad

Debt and Credit Facilities - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Bank of America, N.A.
Debt Instrument [Line Items]
Minimum amount of borrowing availability under revolving credit facility	$ 10,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Amortization of deferred fees relating to revolving credit facility and notes	3,300,000	$ 3,800,000
Outstanding letters of credit	2,900,000
Availability of borrowing	$ 37,100,000
Capital stock of direct domestic subsidiaries	100.00%
Capital stock of foreign subsidiary	65.00%
Commitment fee to lenders unused amounts, percentage	0.25%
Debt Instrument, Restrictive Covenants	The Second ARLS Agreement contains customary events of default, including, without limitation, nonpayment of obligations under the revolving credit facility when due; material inaccuracy of representations and warranties; violation of covenants in the Second ARLS Agreement and certain other documents executed in connection therewith; breach or default of agreements related to debt in excess of $5.0 million that could result in acceleration of that debt; revocation or attempted revocation of guarantees; denial of the validity or enforceability of the loan documents or failure of the loan documents to be in full force and effect; certain judgments in excess of $2.0 million; the inability of an obligor to conduct any material part of its business due to governmental intervention, loss of any material license, permit, lease or agreement necessary to the business; cessation of an obligor’s business for a material period of time; impairment of collateral through condemnation proceedings; certain events of bankruptcy or insolvency; certain Employee Retirement Income Securities Act events; and a change in control of the Company. Certain of the defaults are subject to exceptions, materiality qualifiers, grace periods and baskets customary for credit facilities of this type.
Revolving Credit Facility | Bank of America, N.A.
Debt Instrument [Line Items]
Loan and security agreement, Initiation date	Nov. 15, 2013
Maturity of revolving credit facility	Nov. 15, 2018
Fixed charge coverage ratio	100.00%
Revolving credit facility	$ 40,000,000
Revolving credit facility, additional capacity	$ 35,000,000
Letter of Credit
Debt Instrument [Line Items]
Fixed charge coverage ratio	100.00%
Revolving credit facility	$ 7,500,000
Minimum remaining borrowing capacity to avoid fixed charge coverage ratio covenant	$ 7,500,000
Continuance to comply with the requirements of borrowing availability for consecutive days	60 days
7.875% Senior Secured Notes due 2019
Debt Instrument [Line Items]
Percentage of interest on Senior Secured Notes	7.875%
Senior Secured Notes, Maturity date	Apr. 15, 2019
Pledge of capital stock of company domestic subsidiaries	100.00%
Voting capital of each foreign subsidiary	65.00%
Redemption price as percentage of principal amount in case of change of control		101.00%

Debt Instrument Redemption Pric

Debt Instrument Redemption Price (Detail) - 7.875% Senior Secured Notes due 2019	6 Months Ended
	Jun. 30, 2015
Debt Instrument, Redemption [Line Items]
2,015	103.938%
2,016	101.969%
2017 and thereafter	100.00%

Margin for Borrowings under Rev

Margin for Borrowings under Revolving Credit Facility (Detail) - Jun. 30, 2015 - USD ($)	Total
Revolving Credit Facility
Debt Instrument [Line Items]
Average Daily Availability	$ 37,100,000
Level III | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Average Daily Availability	$ 20,000,000
Level III | Domestic Base Rate
Debt Instrument [Line Items]
Loans Rate	0.50%
Level III | London Interbank Offered Rate
Debt Instrument [Line Items]
Loans Rate	1.50%
Level II | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Average Daily Availability	$ 10,000,000
Level II | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Average Daily Availability	$ 20,000,000
Level II | Domestic Base Rate
Debt Instrument [Line Items]
Loans Rate	0.75%
Level II | London Interbank Offered Rate
Debt Instrument [Line Items]
Loans Rate	1.75%
Level I | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Average Daily Availability	$ 10,000,000
Level I | Domestic Base Rate
Debt Instrument [Line Items]
Loans Rate	1.00%
Level I | London Interbank Offered Rate
Debt Instrument [Line Items]
Loans Rate	2.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Income Tax Disclosure [Line Items]
Unrecognized tax benefits related to various federal and state income tax positions	$ 28
Accrued for the payment of interest and penalties	3	$ 2
Accrued interest and penalties are included in the unrecognized tax benefits	28	$ 27
Unrecognized tax reserves, interest and penalties to be released due to statute of limitations	$ 28

Segment Reporting Information (

Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014		Jun. 30, 2015		Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 217,617		$ 215,996		$ 437,920		$ 414,067
Gross Profit	29,506		28,185		58,580		52,489
Depreciation and Amortization Expense	4,397		4,552		8,874		8,975
Selling, General & Administrative Expenses	17,585		18,748		35,124		37,220
Operating Income (Loss)	11,588		9,047		22,787		14,494
Capital Expenditures	4,747		3,574		7,665		5,492
Other Items	463	[1]	51	[2]	1,142	[3]	1,269	[4]
External Revenues
Segment Reporting Information [Line Items]
Revenues	217,617		215,996		437,920		414,067
Global Truck And Bus
Segment Reporting Information [Line Items]
Revenues	149,345		133,172		295,251		255,014
Gross Profit	22,885		18,938		44,230		35,100
Depreciation and Amortization Expense	2,214		2,281		4,438		4,457
Selling, General & Administrative Expenses	7,492		6,975		14,438		14,522
Operating Income (Loss)	15,095		11,609		29,195		19,877
Capital Expenditures	2,058		1,494		3,140		2,145
Other Items	463	[1]	51	[2]	1,142	[3]	1,269	[4]
Global Truck And Bus | External Revenues
Segment Reporting Information [Line Items]
Revenues	149,263		133,045		295,068		254,752
Global Truck And Bus | Intersegment Revenues
Segment Reporting Information [Line Items]
Revenues	82		127		183		262
Global Construction And Agriculture
Segment Reporting Information [Line Items]
Revenues	70,697		85,508		148,744		164,412
Gross Profit	7,570		10,124		16,261		19,113
Depreciation and Amortization Expense	1,489		1,431		3,005		2,835
Selling, General & Administrative Expenses	4,690		5,397		9,731		10,747
Operating Income (Loss)	2,845		4,690		6,459		8,292
Capital Expenditures	861		1,766		2,374		2,840
Global Construction And Agriculture | External Revenues
Segment Reporting Information [Line Items]
Revenues	68,354		82,951		142,852		159,315
Global Construction And Agriculture | Intersegment Revenues
Segment Reporting Information [Line Items]
Revenues	2,343		2,557		5,892		5,097
Corporate/Other
Segment Reporting Information [Line Items]
Revenues	(2,425)		(2,684)		(6,075)		(5,359)
Gross Profit	(949)		(877)		(1,911)		(1,724)
Depreciation and Amortization Expense	694		840		1,431		1,683
Selling, General & Administrative Expenses	5,403		6,376		10,955		11,951
Operating Income (Loss)	(6,352)		(7,252)		(12,867)		(13,675)
Capital Expenditures	1,828		314		2,151		507
Corporate/Other | Intersegment Revenues
Segment Reporting Information [Line Items]
Revenues	$ (2,425)		$ (2,684)		$ (6,075)		$ (5,359)
[1]	Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment.
[2]	Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.1 million in the GTB Segment.
[3]	Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $1.1 million in the GTB Segment.
[4]	Other items include costs associated with plant closures, including employee severance and retention costs, lease cancellation costs, building repairs and costs to transfer equipment of $0.5 million in the GTB Segment. The GTB Segment includes a loss on the sale of a manufacturing facility of $0.8 million in Norwalk, Ohio.

Segment Reporting Information58

Segment Reporting Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Loss on sale of a manufacturing facility			$ (157)	$ (844)
Global Truck And Bus
Segment Reporting Information [Line Items]
Equipment transfer expense	$ 500	$ 100	$ 1,100	500
Global Truck And Bus | OHIO
Segment Reporting Information [Line Items]
Loss on sale of a manufacturing facility				$ 800

Notional Amount of Foreign Exch

Notional Amount of Foreign Exchange Contracts (Detail) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Foreign Exchange Buy Contract
Derivative [Line Items]
U.S.Dollar Equivalent	$ 7,427,000	$ 11,874,000
Fair Value	6,826,000	11,312,000
Foreign Exchange Sell Contract
Derivative [Line Items]
U.S.Dollar Equivalent	5,289,000	12,332,000
Fair Value	$ 4,973,000	$ 12,099,000

Fair Value and Presentation in

Fair Value and Presentation in Consolidated Balance Sheets for Derivatives non of which are Designated as Accounting Hedges (Detail) - Foreign Exchange Contracts - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Current Assets
Derivative [Line Items]
Asset Derivatives, Fair Value	$ 316	$ 232
Accrued Liabilities
Derivative [Line Items]
Liability Derivatives, Fair Value	$ 601	$ 562

Effect of Derivative Instrument

Effect of Derivative Instruments on Consolidated Statements of Income (Loss) for Derivatives Not Designated as Accounting Hedges (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Foreign Exchange Contracts | Cost of Revenues | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Income on Derivatives	$ 204	$ 43	$ 42	$ 124

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (37,288)	$ (26,308)
Net current period change		408
Ending balance	(39,947)	(25,900)
Foreign currency items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(16,507)	(11,907)
Net current period change	(2,845)	408
Ending balance	(19,352)	(11,499)
Pension and postretirement benefits plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(20,781)	(14,401)
Reclassification adjustments for losses reclassified into income	186
Ending balance	(20,595)	$ (14,401)
Accumulated other comprehensive income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(37,288)
Net current period change	(2,845)
Reclassification adjustments for losses reclassified into income	186
Ending balance	$ (39,947)

Related Tax Effects Allocated t

Related Tax Effects Allocated to Each Component of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Retirement benefits adjustment, before tax amount	$ 159		$ 252
Cumulative translation adjustment, before tax amount	163	$ (3)	(2,845)	$ 408
Total other comprehensive income (loss), before tax amount	322	(3)	(2,593)	408
Retirement benefits adjustment, tax	(33)		(66)
Cumulative translation adjustment, tax	0	0	0	0
Total other comprehensive income (loss), tax	(33)		(66)
Retirement benefits adjustment, after tax amount	126		186
Cumulative translation adjustment, after tax amount	163	(3)	(2,845)	408
Total other comprehensive income (loss)	$ 289	$ (3)	$ (2,659)	$ 408

Pension and Other Post-Retire64

Pension and Other Post-Retirement Benefit Plans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 29	$ 24	$ 58	$ 48
Interest cost	463	472	926	944
Expected return on plan assets	(668)	(592)	(1,336)	(1,184)
Recognized actuarial loss (gain)	117		234
Net periodic benefit cost	(59)	(96)	(118)	(192)
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost	368	470	736	948
Expected return on plan assets	(397)	(433)	(794)	(875)
Recognized actuarial loss (gain)	69		137
Net periodic benefit cost	40	37	79	73
Other Post-Retirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost	4	(33)	8	(66)
Amortization of prior service cost	2		4
Recognized actuarial loss (gain)	(30)		(60)
Net periodic benefit cost	$ (24)	$ (33)	$ (48)	$ (66)

Pension and Other Post-Retire65

Pension and Other Post-Retirement Benefit Plans - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to pension plans and post-retirement benefit plans	$ 3
Contributions made to pension plans	$ 1.5

Purchase of Minority Interest -

Purchase of Minority Interest - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended
	Jun. 30, 2015	Dec. 31, 2012	Dec. 31, 2011
Noncontrolling Interest [Line Items]
Percentage of ownership on joint venture by parent		99.74%	90.00%
Percentage of ownership on joint venture by Hema		0.26%	10.00%
Percentage of ownership on joint venture acquired from Hema	0.26%
Payments made to purchase remaining ownership in joint venture	$ 40