Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of 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 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

Schedule of Antidilutive 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 September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
Restricted and performance-based shares	360	215	364	287