| SUPPLIER-FINANCING-PROGRAM |
SUPPLIER-FINANCING-PROGRAM |
92%
|
The Company has a voluntary Supplier Financing Program (the program) in collaboration with certain financial institutions that offers participating suppliers access to a third-party service |
| ADVANCED-POWER-SOLUTIONS-BELGIUM-NV |
ADVANCED-POWER-SOLUTIONS-BELGIUM-NV |
90%
|
The Company also acquired certain raw materials from APS Belgium, procured by APS Belgium on the Company's behalf to facilitate the transition |
| ADVANCED-POWER-SOLUTIONS-NV |
ADVANCED-POWER-SOLUTIONS-NV |
90%
|
The Company entered into a share purchase agreement to acquire all the shares of Advanced Power Solutions NV |
| APS-NV |
APS-NV |
90%
|
On May 2, 2025, the Company acquired all the shares of APS NV. The acquisition provides the Company with additional production capacity in Europe |
| CENTRALSUL-LTDA |
CENTRALSUL-LTDA |
90%
|
On May 8, 2024, the Company acquired all the outstanding shares of Centralsul Ltda. ("Centralsul"), an auto appearance and fragrance manufacturer and distributor based in Southern Brazil |
| APS-BELGIUM |
APS-BELGIUM |
80%
|
The majority of this was recorded in the first fiscal quarter as the Company was awaiting the receipt of the raw materials procured on the Company's behalf by APS Belgium as part of the Belgium Acquisition |
| CENTRALSUL |
CENTRALSUL |
80%
|
The contractual purchase price was adjusted by Centralsul's outstanding debt, an indemnity holdback and working capital adjustments |
| CERTAIN-FINANCIAL-INSTITUTIONS |
CERTAIN-FINANCIAL-INSTITUTIONS |
80%
|
The Company has a voluntary Supplier Financing Program (the program) in collaboration with certain financial institutions that offers participating suppliers access to a third-party service |
| FINANCIAL-INSTITUTIONS |
FINANCIAL-INSTITUTIONS |
80%
|
The counterparties to derivative contracts consist of a number of major financial institutions and are generally institutions with which the Company maintains lines of credit |
| MAJOR-FINANCIAL-INSTITUTIONS |
MAJOR-FINANCIAL-INSTITUTIONS |
80%
|
The counterparties to long-term committed borrowings consist of a number of major financial institutions |
| APS-ACQUISITION |
APS-ACQUISITION |
70%
|
The acquisition provides the Company with additional production capacity in Europe as well as an expanded customer base |
| THIRD-PARTY-FINANCIAL-INSTITUTIONS |
THIRD-PARTY-FINANCIAL-INSTITUTIONS |
70%
|
The Company is not a party to the negotiations or agreements reached between participating suppliers and third-party financial institutions |
| FOREIGN-AFFILIATES |
FOREIGN-AFFILIATES |
60%
|
The balances are comprised of other borrowings, including those from foreign affiliates |
