XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.25.2

Accumulated Other Comprehensive Income Attributable to SMP (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive by Component | Accumulated other comprehensive income attributable to SMP consists of the following (in thousands):
| Six Months Ended June 30, 2025
| Foreign Currency Translation |  | Cash Flow Hedges |  | Postretirement Benefit Plans |  | Total
Balance at December 31, 2024 | $ | (29,769) |  |  | $ | 3,924 |  |  | $ | 13 |  |  | $ | (25,832) |
Other comprehensive income (loss) before reclassifications | 10,881 |  | (b) | (1,542) |  | (a) | $ | — |  |  | 9,339 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 412 |  |  | (4) |  |  | 408 |
Net other comprehensive income (loss) | 10,881 |  |  | (1,130) |  |  | (4) |  |  | 9,747 |
Tax amounts | 2,134 |  |  | 294 |  |  | 2 |  |  | 2,430 |
Balance at March 31, 2025 | $ | (16,754) |  |  | $ | 3,088 |  |  | $ | 11 |  |  | $ | (13,655) |
Other comprehensive income (loss) before reclassifications | 27,390 |  | (b) | (2,428) |  | (a) | — |  |  | 24,962 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 443 |  |  | (4) |  |  | 439 |
Net other comprehensive income (loss) | 27,390 |  |  | (1,985) |  |  | (4) |  |  | 25,401 |
Tax amounts | 4,562 |  |  | 516 |  |  | 1 |  |  | 5,079 |
Balance at June 30, 2025 | $ | 15,198 |  |  | $ | 1,619 |  |  | $ | 8 |  |  | $ | 16,825 |
(a)Consists of the unrecognized loss relating to the change in fair value of cash flow interest rate hedges of $2.0 million ($1.5 million, net of tax) and $3.1 million ($2.3 million, net of tax) in the three and six months ended June 30, 2025, respectively, and cash settlement receipts of $0.5 million ($0.4 million, net of tax) and $0.9 million ($0.7 million, net of tax) in the three and six months ended June 30, 2025, respectively (b)Foreign currency translation primarily reflects the appreciation of the Danish kroner.
| Six Months Ended June 30, 2024
| Foreign Currency Translation |  | Cash Flow Hedges |  | Postretirement Benefit Plans |  | Total
Balance at December 31, 2023 | $ | (8,897) |  |  | $ | 2,899 |  |  | $ | 24 |  |  | $ | (5,974) |
Other comprehensive income (loss) before reclassifications | (1,220) |  | (b) | 1,209 |  | (a) | — |  |  | (11) |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 671 |  |  | (4) |  |  | 667 |
Net other comprehensive income (loss) | (1,220) |  |  | 1,880 |  |  | (4) |  |  | 656 |
Tax amounts | — |  |  | (489) |  |  | 1 |  |  | (488) |
Balance at March 31, 2024 | $ | (10,117) |  |  | $ | 4,290 |  |  | $ | 21 |  |  | $ | (5,806) |
Other comprehensive income (loss) before reclassifications | (3,733) |  | (c) | 2,117 |  | (a) | — |  |  | (1,616) |
Amounts reclassified from accumulated other comprehensive income | — |  |  | (2,010) |  |  | (4) |  |  | (2,014) |
Net other comprehensive income (loss) | (3,733) |  |  | 107 |  |  | (4) |  |  | (3,630) |
Tax amounts | — |  |  | (28) |  |  | 2 |  |  | (26) |
Balance at June 30, 2024 | $ | (13,850) |  |  | $ | 4,369 |  |  | $ | 19 |  |  | $ | (9,462) |
(a)Consists of the unrecognized gain relating to the change in fair value of cash flow interest rate hedges of $0.1 million ($0.1 million, net of tax) and $2.0 million ($1.5 million, net of tax) in the three and six months ended June 30, 2024, respectively, and cash settlement receipts of $0.7 million ($0.5 million, net of tax) and $1.3 million ($1.0 million, net of tax) in the three and six months ended June 30, 2024, respectively (b)Foreign currency translation primarily reflects the depreciation of the Polish zloty, Canadian dollar, and the euro, partly offset by appreciation in the Mexican peso (c)Foreign currency translation primarily reflects the depreciation of the Mexican peso

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

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration