v3.25.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 2025 and 2024.
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Income (loss) from discontinued operations, net of tax
Cab structures business$(512)$493 $(1,535)$3,513 
Industrial Automation segment(143)(794)(293)(2,322)
Total income (loss) from discontinued operations, net of tax$(655)$(301)$(1,828)$1,191 
The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Operations attributable to each discontinued operation for the three and six months ended June 30, 2025 and 2024.
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Income (loss) from discontinued operations attributable to Cab structures business:
Revenues$— $31,252 $(657)$64,391 
Cost of revenues512 30,599 878 59,739 
Gross profit(512)653 (1,535)4,652 
Selling, general and administrative expenses— — — — 
Operating income (loss)(512)653 (1,535)4,652 
Income (loss) before provision for income taxes(512)653 (1,535)4,652 
Provision (benefit) for income taxes of discontinued operations— 160 — 1,139 
Net income (loss) from discontinued operations, net of income taxes$(512)$493 $(1,535)$3,513 
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Income (loss) from discontinued operations attributable to Industrial Automation segment:
Revenues$— $4,990 $(150)$9,291 
Cost of revenues— 5,123 — 9,922 
Gross profit— (133)(150)(631)
Selling, general and administrative expenses— 823 — 2,262 
Operating income (loss)— (956)(150)(2,893)
Other (income) expense143 — 143 — 
Interest expense— 72 — 137 
Income (loss) before provision for income taxes(143)(1,028)(293)(3,030)
Provision (benefit) for income taxes of discontinued operations— (234)— (708)
Net income (loss) from discontinued operations, net of income taxes$(143)$(794)$(293)$(2,322)


The following tables present reconciliations of the captions within CVG's Condensed Consolidated Statements of Cash Flows attributable to discontinued operations for the six months ended June 30, 2025 and 2024.

Six Months Ended June 30,
20252024
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash provided by operating activities$306 $8,310 
Net cash used in investing activities— (434)
Total cash provided by discontinued operations$306 $7,876