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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Net sales [1] $ 353,075 $ 359,412 $ 681,103 $ 682,243
Cost of sales 251,806 263,061 488,567 496,052
Gross profit 101,269 96,351 192,536 186,191
Selling, general and administrative expenses 73,843 68,468 143,476 131,352
Restructuring and integration expenses 294 3 1,206 [2] 44
Other income, net 46 13 70 13
Operating income 27,178 27,893 47,924 54,808
Other non-operating income, net 802 1,927 1,027 3,376
Interest expense 3,283 1,821 7,145 2,626
Earnings from continuing operations before income taxes 24,697 27,999 41,806 55,558
Provision for income taxes 6,289 7,122 10,661 14,127
Earnings from continuing operations 18,408 20,877 31,145 41,431
Loss from discontinued operations, net of income taxes (9,221) (1,666) (10,001) (2,782)
Net earnings 9,187 19,211 21,144 38,649
Net earnings attributable to noncontrolling interest 50 85 89 77
Net earnings attributable to SMP [3] 9,137 19,126 21,055 38,572
Net earnings attributable to SMP        
Earnings from continuing operations 18,358 20,792 31,056 41,354
Discontinued operations (9,221) (1,666) (10,001) (2,782)
Net earnings attributable to SMP [3] $ 9,137 $ 19,126 $ 21,055 $ 38,572
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 0.85 $ 0.96 $ 1.43 $ 1.89
Discontinued operations (in dollars per share) (0.43) (0.08) (0.46) (0.13)
Net earnings per common share - Basic (in dollars per share) 0.42 0.88 0.97 1.76
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 0.83 0.93 1.4 1.85
Discontinued operations (in dollars per share) (0.42) (0.07) (0.45) (0.13)
Net earnings per common share - Diluted (in dollars per share) 0.41 0.86 0.95 1.72
Dividend declared per share (in dollars per share) $ 0.29 $ 0.27 $ 0.58 $ 0.54
Average number of common shares (in shares) 21,689,067 21,757,998 21,649,562 21,867,644
Average number of common shares and dilutive common shares (in shares) 22,183,489 22,255,642 22,139,708 22,372,702
[1] There are no intersegment sales among our Vehicle Control, Temperature Control and Engineered Solutions operating segments.
[2] Restructuring and integration expenses incurred during the six months ended June 30, 2023 consist of $0.4 million in our Vehicle Control segment, $0.7 million in our Temperature Control segment and $0.1 million in our Engineered Solutions segment.
[3] Throughout this Form 10Q, “SMP” refers to Standard Motor Products, Inc. and subsidiaries.