Earnings Per Share

3 Months Ended

Mar. 31, 2026

The following are reconciliations of the net earnings attributable to SMP and the shares used in calculating basic and diluted net earnings per common share attributable to SMP (in thousands, except shares and per share data):


	Three Months Ended March 31,
	2026		2025
Net earnings (loss) attributable to SMP
Continuing operations	$	18,321	$	13,705
Discontinued operations	(1,185)		(1,139)
Net earnings attributable to SMP per common share	$	17,136	$	12,566

Basic net earnings (loss) per common share attributable to SMP
Continuing operations	$	0.83	$	0.63
Discontinued operations	$	(0.06)	$	(0.06)

Diluted net earnings (loss) per common share attributable to SMP
Continuing operations	$	0.81	$	0.61
Discontinued operations	$	(0.06)	$	(0.05)

Weighted average common shares outstanding, basic	22,167,006		21,886,810
Dilutive effect of restricted stock and performance-based stock	552,726		433,058
Weighted average common shares outstanding, diluted	22,719,732		22,319,868

The shares listed below were not included in the computation of diluted net earnings per common share attributable to SMP because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):


	Three Months Ended March 31,
	2026	2025
Restricted and performance-based shares	363	342