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Earnings Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
   
Nine Months Ended
September 30,
 
   
2022
   
2021
   
2022
   
2021
 
Net Earnings Attributable to SMP -
                       
Earnings from continuing operations
 
$
23,140
   
$
29,172
   
$
64,494
   
$
79,331
 
Loss from discontinued operations
   
(14,294
)
   
(5,122
)
   
(17,076
)
   
(7,139
)
Net earnings attributable to SMP
 
$
8,846
   
$
24,050
   
$
47,418
   
$
72,192
 
                                 
Basic Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
1.08
   
$
1.32
   
$
2.97
   
$
3.57
 
Loss from discontinued operations per common share
   
(0.67
)
   
(0.23
)
   
(0.79
)
   
(0.32
)
Net earnings per common share attributable to SMP
 
$
0.41
   
$
1.09
   
$
2.18
   
$
3.25
 
                                 
Weighted average common shares outstanding
   
21,427
     
22,090
     
21,719
     
22,201
 
                                 
Diluted Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
1.06
   
$
1.29
   
$
2.91
   
$
3.50
 
Loss from discontinued operations per common share
   
(0.66
)
   
(0.22
)
   
(0.77
)
   
(0.32
)
Net earnings per common share attributable to SMP
 
$
0.40
   
$
1.07
   
$
2.14
   
$
3.18
 
                                 
Weighted average common shares outstanding
   
21,427
     
22,090
     
21,719
     
22,201
 
Plus incremental shares from assumed conversions:
                               
Dilutive effect of restricted stock and performance-based stock
   
421
     
454
     
434
     
477
 
Weighted average common shares outstanding – Diluted
   
21,848
     
22,544
     
22,153
     
22,678
 
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
September 30,
   
Nine Months Ended
September 30,
 
 
 
2022
   
2021
   
2022
   
2021
 
Restricted and performance-based shares
   
299
     
291
     
281
     
277