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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Reconciliations of Earnings Available to Common Stockholders and Shares used in Calculating Basic and Dilutive Net Earnings per Common Share
The following are reconciliations of the net earnings attributable to SMP and the shares used in calculating basic and dilutive net earnings per common share attributable to SMP (in thousands, except per share data):

 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2021
   
2020
   
2021
   
2020
 
Net Earnings Attributable to SMP
                       
Earnings from continuing operations
 
$
27,995
   
$
11,842
   
$
50,159
   
$
21,463
 
Loss from discontinued operations
   
(853
)
   
(875
)
   
(2,017
)
   
(1,869
)
Net earnings attributable to SMP
 
$
27,142
   
$
10,967
   
$
48,142
   
$
19,594
 
                                 
Basic Net Earnings Per Common Share Attributable to SMP
                               
Earnings from continuing operations per common share
 
$
1.26
   
$
0.53
   
$
2.25
   
$
0.96
 
Loss from discontinued operations per common share
   
(0.04
)
   
(0.04
)
   
(0.09
)
   
(0.08
)
Net earnings per common share attributable to SMP
 
$
1.22
   
$
0.49
   
$
2.16
   
$
0.88
 
                                 
Weighted average common shares outstanding
   
22,199
     
22,330
     
22,258
     
22,384
 
                                 
Diluted Net Earnings Per Common Share Attributable to SMP
                               
Earnings from continuing operations per common share
 
$
1.23
   
$
0.52
   
$
2.21
   
$
0.94
 
Loss from discontinued operations per common share
   
(0.03
)
   
(0.04
)
   
(0.09
)
   
(0.08
)
Net earnings per common share attributable to SMP
 
$
1.20
   
$
0.48
   
$
2.12
   
$
0.86
 
                                 
Weighted average common shares outstanding
   
22,199
     
22,330
     
22,258
     
22,384
 
Plus incremental shares from assumed conversions:
                               
Dilutive effect of restricted stock and performance-based stock
   
487
     
389
     
483
     
410
 
Weighted average common shares outstanding – Diluted
   
22,686
     
22,719
     
22,741
     
22,794
 
Anti-dilutive Securities Excluded from Computation of Earnings per Share
The shares listed below were not included in the computation of diluted net earnings per common share attributable to SMP because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):

 
 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
Restricted and performance-based shares
   
239
     
261
     
258
     
257