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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Reconciliations of Earnings Available to Common Stockholders and Shares used in Calculating Basic and Dilutive Net Earnings per Common 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 attributable to SMP (in thousands, except per share data):

 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2023
   
2022
   
2023
   
2022
 
Net Earnings Attributable to SMP -
                       
Earnings from continuing operations
 
$
18,358
   
$
20,792
   
$
31,056
   
$
41,354
 
Loss from discontinued operations
   
(9,221
)
   
(1,666
)
   
(10,001
)
   
(2,782
)
Net earnings attributable to SMP
 
$
9,137
   
$
19,126
   
$
21,055
   
$
38,572
 
                                 
Basic Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
0.85
   
$
0.96
   
$
1.43
   
$
1.89
 
Loss from discontinued operations per common share
   
(0.43
)
   
(0.08
)
   
(0.46
)
   
(0.13
)
Net earnings per common share attributable to SMP
 
$
0.42
   
$
0.88
   
$
0.97
   
$
1.76
 
                                 
Weighted average common shares outstanding
   
21,689
     
21,758
     
21,650
     
21,868
 
                                 
Diluted Net Earnings Per Common Share Attributable to SMP -
                               
Earnings from continuing operations per common share
 
$
0.83
   
$
0.93
   
$
1.40
   
$
1.85
 
Loss from discontinued operations per common share
   
(0.42
)
   
(0.07
)
   
(0.45
)
   
(0.13
)
Net earnings per common share attributable to SMP
 
$
0.41
   
$
0.86
   
$
0.95
   
$
1.72
 
                                 
Weighted average common shares outstanding
   
21,689
     
21,758
     
21,650
     
21,868
 
Plus incremental shares from assumed conversions:
                               
Dilutive effect of restricted stock and performance-based stock
   
494
     
498
     
490
     
505
 
Weighted average common shares outstanding – Diluted
   
22,183
     
22,256
     
22,140
     
22,373
 
Anti-dilutive Securities Excluded from Computation of Earnings per Share
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
June 30,
   
Six Months Ended
June 30,
 
 
 
2023
   
2022
   
2023
   
2022
 
Restricted and performance-based shares
   
273
     
268
     
286
     
262