Sensata科技控股2025年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch31, 2025 ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromCommission File Number001-34652_________________________________________________________________________________ England and Wales(State or other jurisdiction of incorporation or organization) 529 Pleasant Street Attleboro,Massachusetts,02703,United States(Address of principal executive offices, including zip code) (Registrant's telephone number, including area code)Not applicable(Former name, former address and former fiscal year, if changed since last report)_____________________________________Securities registered pursuant to Section 12(b) of the Act:Trading Symbol(s)Name of exchange on which registeredOrdinary Shares - nominal value €0.01 per shareSTNew York Stock Exchange Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Large accelerated filer☒AcceleratedfilerNon-accelerated filer☐Smallerreportingcompany Emerging growth companyIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised Signatures Dividends paidPayments to repurchase ordinary shares Net change in cash and cash equivalents Cash and cash equivalents, beginning of year593,670Cash and cash equivalents, end of period$588,139$The accompanying notes are an integral part of these condensed consolidated financial statements. 6 (In thousands)(unaudited)Ordinary SharesTreasury SharesAdditional Paid-In CapitalRetainedEarningsAccumulatedOtherComprehensive(Loss)/ IncomeAmountNumberAmount Surrender of shares for tax withholding——(2)(61)——Vesting of restricted securities9—————Cash dividends paid—————(17,901)Repurchase of ordinary shares——(3,535)(100,500)—— Share-based compensation Balance as of March 31, 2025176,548$2,257(30,529)$(1,382,551)$1,879,428$2,392,160$(42,660)$Balance as of December 31, 2023175,832$2,249(25,090)$(1,213,160)$1,901,621$2,295,604$9,962$Surrender of shares for tax withholding——(3)(129)———Vesting of restricted securities10——————Cash dividends paid—————(18,056)— Purchase of joint venture———(72,107)———————76,021—Other comprehensive loss——————(5,252) Balance as of March 31, 2024175,839$2,249(25,365)$(1,223,212)$1,837,647$2,353,440$4,710$ The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with United States("U.S.") generally accepted accounting principles ("GAAP") for interim financial information and the instructions to Form 10-Q. Accordingly, these interim financial statements do not include all of the information and note disclosures required by U.S. GAAP forcomplete financial statements. The accompanying interim financial information reflects all normal recurring adjustments that are, in on segment operating income. In the three months ended March 31, 2025, we realigned the definition of segment operating income toinclude megatrend costs, which were previously excluded from segment operating income and included in corporate and other costs.Prior year amounts in this Quarterly Report on Form 10-Q have been recast to reflect this realignment and to conform to current year presentation. Refer toNote 15: Segment Reportingfor additional information. All U.S. dollar ("USD") and share amounts presented, except per share amounts, are stated in thousands, unless otherwise indicated. Certain prior period amounts have been recast to conform to current year presentation.2.New Accounting Standards Income Tax Disclosures, which requires (1) consistent categories and greater disaggregation of information in the rate reconciliationand (2) disclosure of income taxes paid disaggregated by jurisdiction. ASU No. 2023-09 also includes certain other updates to improvethe effectiveness of income tax disclosures. ASU No. 2023-09 is effective for annual periods beginning after December 15, 2024, andshould be applied prospectively, with retrospective application also a permitted option. The Company is currently evaluating the In November 2024, the FASB issued ASU No. 2024-03Income Statement (Topic 220): Reporting Comprehensive Income, whichrequires additional disclosure of the nature of expenses included in the income statement as well as disclosures about specific types of expenses included in the expense captions presented in the income statement.ASU No. 2024-03 does not change or remove currentexpense presentation requirements within the Consolidated Statements of Operations. However, the update requires disclosure, on anannual and interim basis,