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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash $ 87,201 $ 44,426
Accounts receivable, less allowances for discounts and expected credit losses of $8,370 and $5,472 for 2025 and 2024, respectively 296,229 210,719
Inventories 656,777 624,913
Unreturned customer inventories 20,052 16,163
Prepaid expenses and other current assets 23,467 25,703
Total current assets 1,083,726 921,924
Property, plant and equipment, net of accumulated depreciation of $292,256 and $273,264 for 2025 and 2024, respectively 187,333 168,735
Operating lease right-of-use assets 107,789 109,899
Goodwill 256,152 241,418
Customer relationships intangibles, net 216,480 210,430
Other intangibles, net 98,688 90,540
Deferred income taxes 19,611 13,199
Investments in unconsolidated affiliates 25,445 24,842
Other assets 32,315 33,139
Total assets 2,027,539 1,814,126
CURRENT LIABILITIES:    
Current portion of revolving credit facility 30,000 10,800
Current portion of term loan and other debt 20,839 16,317
Accounts payable 178,295 148,009
Sundry payables and accrued expenses 98,771 84,936
Accrued customer returns 83,036 46,471
Accrued core liability 12,418 12,807
Accrued rebates 83,694 76,168
Payroll and commissions 47,059 40,964
Total current liabilities 554,112 436,472
Long-term debt 538,639 535,197
Noncurrent operating lease liabilities 96,180 98,214
Accrued asbestos liabilities 115,042 84,568
Other accrued liabilities 31,434 29,593
Total liabilities 1,335,407 1,184,044
Commitments and contingencies
Stockholders’ equity:    
Common stock – par value $2.00 per share (Authorized – 30,000,000 shares; issued 23,936,036 shares) 47,872 47,872
Capital in excess of par value 102,838 100,135
Retained earnings 588,450 575,385
Accumulated other comprehensive income 14,555 (25,832)
Treasury stock – at cost (1,937,911 shares and 2,077,877 shares in 2025 and 2024, respectively) (76,303) (81,815)
Total SMP stockholders’ equity 677,412 615,745
Noncontrolling interest 14,720 14,337
Total stockholders’ equity 692,132 630,082
Total liabilities and stockholders’ equity $ 2,027,539 $ 1,814,126