| Earnings Per Share |
Earnings Per Share 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 September 30, | | Nine Months Ended September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Net earnings (loss) attributable to SMP | | | | | | | | | | Continuing operations | | $ | 32,620 | | | $ | 29,837 | | | $ | 82,702 | | | $ | 69,842 | | | Discontinued operations | | (18,472) | | | (34,172) | | | (21,050) | | | (36,369) | | | Net earnings (loss) attributable to SMP per common share | | $ | 14,148 | | | $ | (4,335) | | | $ | 61,652 | | | $ | 33,473 | | | | | | | | | | | | Basic net earnings (loss) per common share attributable to SMP | | | | | | | | | | Continuing operations | | $ | 1.46 | | | $ | 1.36 | | | $ | 3.71 | | | $ | 3.18 | | | Discontinued operations | | $ | (0.83) | | | $ | (1.56) | | | $ | (0.94) | | | $ | (1.66) | | | | | | | | | | | | Diluted net earnings (loss) per common share attributable to SMP | | | | | | | | | | Continuing operations | | $ | 1.42 | | | $ | 1.32 | | | $ | 3.62 | | | $ | 3.11 | | | Discontinued operations | | $ | (0.80) | | | $ | (1.51) | | | $ | (0.92) | | | $ | (1.62) | | | | | | | | | | | | Weighted average common shares outstanding, basic | | 22,340,489 | | 21,991,194 | | 22,267,056 | | 21,954,548 | | Dilutive effect of restricted stock and performance-based stock | | 625,884 | | 580,110 | | 600,959 | | 484,535 | | Weighted average common shares outstanding, diluted | | 22,966,373 | | 22,571,304 | | 22,868,015 | | 22,439,083 |
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 September 30, | | Nine Months Ended September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Restricted and performance-based shares | | 360 | | 215 | | 364 | | 287 |
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