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Earnings Per Share
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share
Note 15. Earnings Per Share

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

 
  
Three Months Ended
March 31,
  
     2023
      2022
  
Net Earnings Attributable to SMP -
  

   

 
Earnings from continuing operations
  
$
12,698
    
$
20,562
  
Loss from discontinued operations
    
(780
)
    
(1,116
)
Net earnings attributable to SMP
  
$
11,918
    
$
19,446
  
 
                
Basic Net Earnings Per Common Share Attributable to SMP -
    

     

 
Earnings from continuing operations per common share
  
$
0.59
    
$
0.94
  
Loss from discontinued operations per common share
    
(0.04
)
    
(0.06
)
Net earnings per common share attributable to SMP
  
$
0.55
    
$
0.88
  
                 
Weighted average common shares outstanding     21,610       21,979  
 
                
Diluted Net Earnings Per Common Share Attributable to SMP -
                
Earnings from continuing operations per common share
  
$
0.57
    
$
0.91
  
Loss from discontinued operations per common share
    
(0.03
)
    
(0.04
)
Net earnings per common share attributable to SMP
  
$
0.54
    
$
0.87
  
 
                
Weighted average common shares outstanding
    
21,610
      
21,979
  
Plus incremental shares from assumed conversions:
                
Dilutive effect of restricted stock and performance-based stock
    
488
      
499
  
Weighted average common shares outstanding – Diluted
    
22,098
      
22,478
  

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,
  
 
  
2023
    
2022
  
Restricted and performance-based shares
    
298
      
259