v3.25.1
Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Discontinued Operations
The following table provides a reconciliation of the individual discontinued operations to the Condensed Consolidated Statements of Operations for the three and three months ended March 31, 2025 and 2024.
Three Months Ended March 31,
20252024
Income (loss) from discontinued operations, net of tax
Cab structures business$(1,023)$3,020 
Industrial Automation segment(150)(1,527)
Total income (loss) from discontinued operations, net of tax$(1,173)$1,493 
The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Operations attributable to each discontinued operation for the three and three months ended March 31, 2025 and 2024.
Three Months Ended March 31,
20252024
Income (loss) from discontinued operations attributable to Cab structures business:
Revenues$(657)$33,140 
Cost of revenues366 29,141 
Gross profit(1,023)3,999 
Selling, general and administrative expenses— — 
Operating income (loss)(1,023)3,999 
Income (loss) before provision for income taxes(1,023)3,999 
Provision (benefit) for income taxes of discontinued operations— 979 
Net income (loss) from discontinued operations, net of income taxes$(1,023)$3,020 

Three Months Ended March 31,
20252024
Income (loss) from discontinued operations attributable to Industrial Automation segment:
Revenues$(150)$4,302 
Cost of revenues— 4,799 
Gross profit(150)(497)
Selling, general and administrative expenses— 1,439 
Operating income (loss)(150)(1,936)
Interest expense— 65 
Income (loss) before provision for income taxes(150)(2,001)
Provision (benefit) for income taxes of discontinued operations— (474)
Net income (loss) from discontinued operations, net of income taxes$(150)$(1,527)

The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Cash Flows attributable to discontinued operations for the three months ended March 31, 2025 and 2024.

Three Months Ended March 31,
20252024
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash provided by operating activities$157 $2,476 
Net cash used in investing activities— (222)
Total cash provided by discontinued operations$157 $2,254