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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Net sales [1] $ 359,412 $ 342,076 $ 682,243 $ 618,629
Cost of sales 263,061 242,804 496,052 435,573
Gross profit 96,351 99,272 186,191 183,056
Selling, general and administrative expenses 68,468 62,347 131,352 116,807
Restructuring and integration expenses 3 0 44 0
Other income, net 13 0 13 0
Operating income 27,893 36,925 54,808 66,249
Other non-operating income, net 1,927 832 3,376 1,467
Interest expense 1,821 495 2,626 704
Earnings from continuing operations before taxes 27,999 37,262 55,558 67,012
Provision for income taxes 7,122 9,248 14,127 16,834
Earnings from continuing operations 20,877 28,014 41,431 50,178
Loss from discontinued operations, net of income taxes (1,666) (853) (2,782) (2,017)
Net earnings 19,211 27,161 38,649 48,161
Net earnings attributable to noncontrolling interest 85 19 77 19
Net earnings attributable to SMP [2] 19,126 27,142 38,572 48,142
Net earnings attributable to SMP        
Earnings from continuing operations 20,792 27,995 41,354 50,159
Discontinued operations (1,666) (853) (2,782) (2,017)
Net earnings attributable to SMP [2] $ 19,126 $ 27,142 $ 38,572 $ 48,142
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 0.96 $ 1.26 $ 1.89 $ 2.25
Discontinued operations (in dollars per share) (0.08) (0.04) (0.13) (0.09)
Net earnings per common share - Basic (in dollars per share) 0.88 1.22 1.76 2.16
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 0.93 1.23 1.85 2.21
Discontinued operations (in dollars per share) (0.07) (0.03) (0.13) (0.09)
Net earnings per common share - Diluted (in dollars per share) 0.86 1.20 1.72 2.12
Dividend declared per share (in dollars per share) $ 0.27 $ 0.25 $ 0.54 $ 0.50
Average number of common shares (in shares) 21,757,998 22,198,545 21,867,644 22,257,922
Average number of common shares and dilutive common shares (in shares) 22,255,642 22,686,384 22,372,702 22,741,171
[1] Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.
[2] Throughout this Form 10-Q, “SMP” refers to Standard Motor Products, Inc. and subsidiaries.