XML 75 R44.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Schedule of Lessee Quantitative Disclosures Related To Operating Leases | The following tables provide quantitative disclosures related to our operating leases and includes all operating leases acquired from the date of the acquisition (in thousands, except where otherwise indicated):
| Year Ended December 31,
Balance Sheet Information | 2024 |  | 2023
Assets |  |  |
Operating lease right-of-use assets | $ | 109,899 |  |  | $ | 100,065 |
Liabilities |  |  |
Sundry payables and accrued expenses | $ | 19,992 |  |  | $ | 17,139 |
Noncurrent operating lease liabilities | 98,214 |  |  | 88,974 |
Total operating lease liabilities | $ | 118,206 |  |  | $ | 106,113 |
Weighted Average Remaining Lease Term | 7.7 years |  | 8.3 years
Weighted Average Discount Rate | 5.0 | % |  | 4.8%
Schedule of Components of Lease Expense and Supplemental Cash Flow Information |
| Year Ended December 31,
| 2024 |  | 2023
Lease Expense |  |  |
Operating lease expense | $ | 19,993 |  |  | $ | 16,434 |
Variable and other lease expense(a) | 3,907 |  |  | 3,272 |
Total lease costs | $ | 23,900 |  |  | $ | 19,706 |
(a) Variable and other lease expense relate to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less which are not material.
| Year Ended December 31,
| 2024 |  | 2023
Supplemental Cash Flow Information |  |  |
Cash paid for the amounts included in the measurement of lease liabilities | $ | 18,365 |  |  | $ | 12,099 |
Right-of-use assets obtained in exchange for new lease obligations(a) | $ | 17,873 |  |  | $ | 66,014 |
(a)During the year ended December 31, 2024 includes $4.7 million of right-of-use assets related to the lease modification and extension for our manufacturing facility in Bialystok, Poland and $10.8 million of right-of-use assets related to the new lease agreement for our manufacturing facility in Reynosa, Mexico.
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity | At December 31, 2024, we are obligated to make minimum lease payments through 2034, under operating leases, which are as follows (in thousands):
2025 | $ | 20,889 |
2026 | 19,169 |
2027 | 16,906 |
2028 | 14,579 |
2029 | 13,990 |
Thereafter | 59,220 |
Total lease payments | 144,753 |
Less: Interest | (26,547) |
Present value of lease liabilities | $ | 118,206 |

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | smp_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | smp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration