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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
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,
 
   
2022
   
2021
   
2022
   
2021
 
Net Earnings Attributable to SMP -
                       
Earnings from continuing operations
 
$
20,792
   
$
27,995
   
$
41,354
   
$
50,159
 
Loss from discontinued operations
   
(1,666
)
   
(853
)
   
(2,782
)
   
(2,017
)
Net earnings attributable to SMP
 
$
19,126
   
$
27,142
   
$
38,572
   
$
48,142
 
                                 
Basic Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
0.96
   
$
1.26
   
$
1.89
   
$
2.25
 
Loss from discontinued operations per common share
   
(0.08
)
   
(0.04
)
   
(0.13
)
   
(0.09
)
Net earnings per common share attributable to SMP
 
$
0.88
   
$
1.22
   
$
1.76
   
$
2.16
 
                                 
Weighted average common shares outstanding
   
21,758
     
22,199
     
21,868
     
22,258
 
                                 
Diluted Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
0.93
   
$
1.23
   
$
1.85
   
$
2.21
 
Loss from discontinued operations per common share
   
(0.07
)
   
(0.03
)
   
(0.13
)
   
(0.09
)
Net earnings per common share attributable to SMP
 
$
0.86
   
$
1.20
   
$
1.72
   
$
2.12
 
                                 
Weighted average common shares outstanding
   
21,758
     
22,199
     
21,868
     
22,258
 
Plus incremental shares from assumed conversions:
                               
Dilutive effect of restricted stock and performance-based stock
   
498
     
487
     
505
     
483
 
Weighted average common shares outstanding –
Diluted
   
22,256
     
22,686
     
22,373
     
22,741
 
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,
 
 
 
2022
   
2021
   
2022
   
2021
 
Restricted and performance-based shares
   
268
     
239
     
262
     
258