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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash $ 59,207 $ 72,031
Accounts receivable, less allowances for discounts and expected credit losses of $10,159 and $10,043 for 2026 and 2025, respectively 312,961 232,020
Inventories 726,308 727,922
Prepaid expenses and other current assets 21,069 18,477
Total current assets 1,119,545 1,050,450
Property, plant and equipment, net of accumulated depreciation of $299,761 and $300,283 for 2026 and 2025, respectively 186,442 188,562
Operating lease right-of-use assets 102,003 105,178
Goodwill 253,626 256,159
Customer relationships intangibles, net 204,526 212,056
Other intangibles, net 97,303 99,102
Deferred income taxes 25,599 25,384
Investments in unconsolidated affiliates 26,685 26,310
Other assets 32,570 32,040
Total assets 2,048,299 1,995,241
CURRENT LIABILITIES:    
Current portion of revolving credit facility 30,000 30,000
Current portion of term loan and other debt 19,370 21,988
Accounts payable 179,524 169,089
Sundry payables and accrued expenses 98,246 92,054
Accrued customer returns 63,710 49,554
Accrued rebates 75,924 84,494
Payroll and commissions 34,298 46,135
Total current liabilities 501,072 493,314
Long-term debt 609,250 566,727
Noncurrent operating lease liabilities 90,345 93,381
Accrued asbestos liabilities 109,783 112,625
Other accrued liabilities 30,270 30,932
Total liabilities 1,340,720 1,296,979
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 101,104 99,005
Retained earnings 599,276 589,448
Accumulated other comprehensive income 11,664 17,857
Treasury stock – at cost (1,690,616 shares and 1,790,097 shares in 2026 and 2025, respectively) (66,589) (70,483)
Total SMP stockholders’ equity 693,327 683,699
Noncontrolling interest 14,252 14,563
Total stockholders’ equity 707,579 698,262
Total liabilities and stockholders’ equity $ 2,048,299 $ 1,995,241