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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Net sales [1] $ 386,413 $ 381,373 $ 1,067,516 $ 1,063,616
Cost of sales 271,653 274,589 760,220 770,641
Gross profit 114,760 106,784 307,296 292,975
Selling, general and administrative expenses 79,781 73,199 223,257 204,551
Restructuring and integration expenses 177 0 1,383 [2] 44
Other income, net 4 30 74 43
Operating income 34,806 33,615 82,730 88,423
Other non-operating income, net 1,732 1,513 2,759 4,889
Interest expense 3,621 3,656 10,766 6,282
Earnings from continuing operations before taxes 32,917 31,472 74,723 87,030
Provision for income taxes 7,995 8,280 18,656 22,407
Earnings from continuing operations 24,922 23,192 56,067 64,623
Loss from discontinued operations, net of income taxes (18,200) (14,294) (28,201) (17,076)
Net earnings 6,722 8,898 27,866 47,547
Net earnings attributable to noncontrolling interest 63 52 152 129
Net earnings attributable to SMP [3] 6,659 8,846 27,714 47,418
Net earnings attributable to SMP        
Earnings from continuing operations 24,859 23,140 55,915 64,494
Discontinued operations (18,200) (14,294) (28,201) (17,076)
Net earnings attributable to SMP [3] $ 6,659 $ 8,846 $ 27,714 $ 47,418
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 1.14 $ 1.08 $ 2.58 $ 2.97
Discontinued operations (in dollars per share) (0.83) (0.67) (1.3) (0.79)
Net earnings per common share - Basic (in dollars per share) 0.31 0.41 1.28 2.18
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 1.12 1.06 2.52 2.91
Discontinued operations (in dollars per share) (0.82) (0.66) (1.27) (0.77)
Net earnings per common share - Diluted (in dollars per share) 0.3 0.4 1.25 2.14
Dividend declared per share (in dollars per share) $ 0.29 $ 0.27 $ 0.87 $ 0.81
Average number of common shares (in shares) 21,727,119 21,427,393 21,675,699 21,719,281
Average number of common shares and dilutive common shares (in shares) 22,253,723 21,847,602 22,198,131 22,153,348
[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 nine months ended September 30, 2023 consist of $0.5 million in our Vehicle Control segment, $0.8 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.