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Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the allocation of the acquisition purchase consideration to the identifiable assets acquired and liabilities assumed based on their fair values (in thousands):
Total purchase consideration⁽ᵃ⁾
$397,111 
Cash and cash equivalents24,620 
Accounts receivable48,460 
Inventories88,337 
Unreturned customer inventories1,820 
Prepaid expenses and other current assets1,033 
Property, plant and equipment29,048 
Operating lease right-of-use assets8,625 
Customer relationships intangibles⁽ᶜ⁾
150,400 
Other intangibles⁽ᶜ⁾
78,871 
Other assets407 
Total assets acquired431,621 
Current portion of term loan and other debt1,749 
Accounts payable34,568 
Sundry payables and accrued expenses19,836 
Accrued customer returns3,360 
Accrued rebates24,732 
Payroll and commissions3,294 
Long-term debt14,423 
Noncurrent operating lease liabilities5,501 
Other accrued liabilities1,371 
Deferred tax liabilities37,870 
Total liabilities assumed146,704 
Net assets acquired284,917 
Goodwill⁽ᵇ⁾
$112,194 
(a) Total purchase consideration consists of cash only.
(b) Goodwill is deductible for tax purposes
(c) Intangible assets comprise of capitalized computer software of $2.2 million and the following (in thousands):
Gross Carrying AmountWeighted-Average Useful Life (in Years)
Customer relationships$150,400 16
Trade names - Nissens and AVA75,600 Indefinite
Trade names - Highway1,100 15
$227,100 
Schedule of Business Acquisition Pro Forma Information
Year Ended December 31,
20242023
Net sales$1,704,858 $1,615,110 
Net earnings attributable to SMP39,907 18,870