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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash $ 72,031 $ 44,426
Accounts receivable, less allowances for discounts and expected credit losses of $10,043 and $5,472 in 2025 and 2024, respectively 232,020 210,719
Inventories 712,151 624,913
Unreturned customer inventories 15,771 16,163
Prepaid expenses and other current assets 18,477 25,703
Total current assets 1,050,450 921,924
Property, plant and equipment, net 188,562 168,735
Operating lease right-of-use assets 105,178 109,899
Goodwill 256,159 241,418
Customer relationships intangibles, net 212,056 210,430
Other intangibles, net 99,102 90,540
Deferred income taxes 25,384 13,199
Investments in unconsolidated affiliates 26,310 24,842
Other assets 32,040 33,139
Total assets 1,995,241 1,814,126
CURRENT LIABILITIES:    
Current portion of revolving credit facility 30,000 10,800
Current portion of term loan and other debt 21,988 16,317
Accounts payable 169,089 148,009
Sundry payables and accrued expenses 79,526 84,936
Accrued customer returns 49,554 46,471
Accrued core liability 12,528 12,807
Accrued rebates 84,494 76,168
Payroll and commissions 46,135 40,964
Total current liabilities 493,314 436,472
Long-term debt 566,727 535,197
Noncurrent operating lease liabilities 93,381 98,214
Accrued asbestos liabilities 112,625 84,568
Other accrued liabilities 30,932 29,593
Total liabilities 1,296,979 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 99,005 100,135
Retained earnings 589,448 575,385
Accumulated other comprehensive income 17,857 (25,832)
Treasury stock - at cost (1,790,097 shares and 2,077,877 shares in 2025 and 2024, respectively) (70,483) (81,815)
Total SMP stockholders’ equity 683,699 615,745
Noncontrolling interest 14,563 14,337
Total stockholders’ equity 698,262 630,082
Total liabilities and stockholders’ equity $ 1,995,241 $ 1,814,126