Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

Schedule II - Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

STANDARD MOTOR PRODUCTS, INC. AND SUBSIDIARIES

Schedule II ‑ Valuation and Qualifying Accounts

Years ended December 31, 2023, 2022 and 2021

			Additions
Description	Balance at beginning of year		Charged to costs and expenses			Other		Deductions		Balance at end of year
Year ended December 31, 2023:
Allowance for expected credit losses	$	4,129,000	$	2,940,000		$	—	$	185,000	$	6,884,000
Allowance for discounts		1,246,000		12,449,000			—		12,534,000		1,161,000
	$	5,375,000	$	15,389,000		$	—	$	12,719,000	$	8,045,000
Allowance for sales returns	$	37,169,000	$	162,525,000		$	—	$	161,456,000	$	38,238,000
Year ended December 31, 2022:
Allowance for expected credit losses	$	4,815,000	$	6,242,000	(1)	$	—	$	6,928,000	$	4,129,000
Allowance for discounts		1,355,000		13,456,000			—		13,565,000		1,246,000
	$	6,170,000	$	19,698,000		$	—	$	20,493,000	$	5,375,000
Allowance for sales returns	$	42,412,000	$	152,985,000		$	—	$	158,228,000	$	37,169,000
Year ended December 31, 2021:
Allowance for expected credit losses	$	4,406,000	$	450,000		$	—	$	41,000	$	4,815,000
Allowance for discounts		1,416,000		13,827,000			—		13,888,000		1,355,000
	$	5,822,000	$	14,277,000		$	—	$	13,929,000	$	6,170,000
Allowance for sales returns	$	40,982,000	$	129,964,000		$	—	$	128,534,000	$	42,412,000

(1) Includes a $7 million charge relating to one of our customers that filed a petition for bankruptcy in January 2023.