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Accumulated Other Comprehensive Income Attributable to SMP (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive by Component
Accumulated other comprehensive income attributable to SMP consists of the following (in thousands):
Nine Months Ended September 30, 2025
Foreign
Currency
Translation
Cash Flow
Hedges (a)
Postretirement
Benefit Plans
Total
Balance at December 31, 2024$(29,769)$3,924 $13 $(25,832)
Other comprehensive income (loss) before reclassifications10,881 (b)(1,542)$— 9,339 
Amounts reclassified from accumulated other comprehensive income (loss)— 412 (4)408 
Net other comprehensive income (loss)10,881 (1,130)(4)9,747 
Tax amounts2,134 294 2,430 
Balance at March 31, 2025
(16,754)3,088 11 (13,655)
Other comprehensive income (loss) before reclassifications27,390 (b)(2,428)— 24,962 
Amounts reclassified from accumulated other comprehensive income (loss)— 443 (4)439 
Net other comprehensive income (loss)27,390 (1,985)(4)25,401 
Tax amounts4,562 516 5,079 
Balance at June 30, 202515,198 1,619 16,825 
Other comprehensive loss before reclassifications(2,265)(c)(337)— (2,602)
Amounts reclassified from accumulated other comprehensive income (loss)— 374 (4)370 
Net other comprehensive income (loss)(2,265)37 (4)(2,232)
Tax amounts(30)(10)(38)
Balance at September 30, 2025$12,903 $1,646 $$14,555 
(a)In the three months ended September 30, 2025, there was no change in the fair value of cash flow interest rate hedges, and cash settlement payments of $0.3 million ($0.2 million, net of tax) were recorded in other comprehensive income (loss) before reclassifications. In the nine months ended September 30, 2025. other comprehensive income (loss) before reclassifications consists of a $3.1 million ($2.3 million, net of tax) unrecognized loss relating to the change in fair value of cash flow interest rate hedges and cash settlement payments of $1.2 million ($0.9 million, net of tax).
(b)Foreign currency translation primarily reflects the appreciation of the Danish kroner.
(c)Foreign currency translation primarily reflects the depreciation of the Danish kroner and Canadian dollar, partly offset by appreciation of the Mexican peso.
Nine Months Ended September 30, 2024
Foreign
Currency
Translation
Cash Flow
Hedges (a)
Postretirement
Benefit Plans
Total
Balance at December 31, 2023$(8,897)$2,899 $24 $(5,974)
Other comprehensive income (loss) before reclassifications(1,220)(b)1,209 — (11)
Amounts reclassified from accumulated other comprehensive income (loss)— 671 (4)667 
Net other comprehensive income (loss)(1,220)1,880 (4)656 
Tax amounts— (489)(488)
Balance at March 31, 2024(10,117)4,290 21 (5,806)
Other comprehensive income (loss) before reclassifications(3,733)(c)2,117 — (1,616)
Amounts reclassified from accumulated other comprehensive loss— (2,010)(4)(2,014)
Net other comprehensive income (loss)(3,733)107 (4)(3,630)
Tax amounts— (28)(26)
Balance at June 30, 2024
(13,850)4,369 19 (9,462)
Other comprehensive income (loss) before reclassifications2,443 (d)(2,777)— (334)
Amounts reclassified from accumulated other comprehensive loss— (672)(3)(675)
Net other comprehensive income (loss)2,443 (3,449)(3)(1,009)
Tax amounts— 897 — 897 
Balance at September 30, 2024$(11,407)$1,817 $16 $(9,574)
(a)Consists of the unrecognized loss relating to the change in fair value of cash flow interest rate hedges of $3.5 million ($2.6 million, net of tax) and $1.5 million ($1.1 million, net of tax) in the three and nine months ended September 30, 2024, respectively, and cash settlement receipts of $0.7 million ($0.5 million, net of tax) and $2.0 million ($1.5 million, net of tax) in the three and nine months ended September 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
(d)Foreign currency translation primarily reflects the appreciation of the Polish zloty, Euro, and Canadian dollar, partly offset by depreciation in the Mexican peso