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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of 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,
			2024						2023						2024						2023
Net earnings (loss) attributable to SMP
Continuing operations			$	26,581					$	24,859					$	54,424					$	55,915
Discontinued operations			(22,771)						(18,200)						(24,727)						(28,201)
Net earnings attributable to SMP			$	3,810					$	6,659					$	29,697					$	27,714
Basic net earnings (loss) per common share attributable to SMP
Continuing operations			$	1.22					$	1.14					$	2.50					$	2.58
Discontinued operations			$	(1.04)					$	(0.83)					$	(1.14)					$	(1.30)
Diluted net earnings (loss) per common share attributable to SMP
Continuing operations			$	1.20					$	1.12					$	2.45					$	2.52
Discontinued operations			$	(1.03)					$	(0.82)					$	(1.11)					$	(1.27)
Weighted average common shares outstanding, basic			21,716						21,727						21,802						21,676
Dilutive effect of restricted stock and performance-based stock			438						527						423						522
Weighted average common shares outstanding, diluted			22,154						22,254						22,225						22,198

Schedule of Antidilutive 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,
			2024						2023						2024						2023
Restricted and performance-based shares			250						242						274						273

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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