v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash $ 105,037 $ 72,031
Accounts receivable, less allowances for discounts and expected credit losses of $10,395 and $10,043 for 2026 and 2025, respectively 307,149 232,020
Inventories 646,139 727,922
Prepaid expenses and other current assets 23,924 18,477
Total current assets 1,082,249 1,050,450
Property, plant and equipment, net of accumulated depreciation of $309,409 and $300,283 for 2026 and 2025, respectively 187,836 188,562
Operating lease right-of-use assets 98,254 105,178
Goodwill 251,877 256,159
Customer relationships intangibles, net 193,720 212,056
Other intangibles, net 95,228 99,102
Deferred income taxes 24,732 25,384
Investments in unconsolidated affiliates 27,583 26,310
Other assets 37,034 32,040
Total assets 1,998,513 1,995,241
CURRENT LIABILITIES:    
Current portion of revolving credit facility 50,000 30,000
Current portion of term loan and other debt 21,130 21,988
Accounts payable 166,608 169,089
Sundry payables and accrued expenses 115,232 92,054
Accrued customer returns 76,953 49,554
Accrued rebates 124,679 84,494
Payroll and commissions 44,638 46,135
Total current liabilities 599,240 493,314
Long-term debt 415,830 566,727
Noncurrent operating lease liabilities 87,220 93,381
Accrued asbestos liabilities 123,345 112,625
Other accrued liabilities 31,879 30,932
Total liabilities 1,257,514 1,296,979
Commitments and contingencies
Stockholders’ equity:    
Common stock – par value $2.00 per share (Authorized – 30,000,000 shares; issued 23,936,036 shares) 47,872 47,872
Capital in excess of par value 103,177 99,005
Retained earnings 629,060 589,448
Accumulated other comprehensive income 8,796 17,857
Treasury stock – at cost (1,594,225 shares and 1,790,097 shares in 2026 and 2025, respectively) (62,794) (70,483)
Total SMP stockholders’ equity 726,111 683,699
Noncontrolling interest 14,888 14,563
Total stockholders’ equity 740,999 698,262
Total liabilities and stockholders’ equity $ 1,998,513 $ 1,995,241