STANDARD MOTOR PRODUCTS, INC. (SMP) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Three Largest Individual Customers	809.4
Asia	19.2	41.0	35.2	25.0	18.1
United States	1,209.1	1,134.4	1,007.2	1,023.9	976.0	1,001.0	952.0	881.2
Engine Management	975.2	937.9	835.7	849.2	803.5	829.4	765.5	698.0
Total revenues [+]	1,371.8	1,298.8	1,128.6	1,137.9	1,092.1	1,116.1	1,058.5	972.1
Products	1,371.8	1,298.8	1,128.6	1,137.9	1,092.1	1,116.1		972.0
Net interest income	0.2	0.0	0.1	0.1	0.1	0.1	0.2	0.2
Revenue growth [+]	5.6%	15.1%	-0.8%	4.2%	-2.2%	5.4%	8.9%	-0.9%
Asia	-53.2%	16.4%	41.2%	37.6%
United States	6.6%	12.6%	-1.6%	4.9%	-2.5%	5.1%	8.0%	-0.4%
Engine Management	4.0%	12.2%	-1.6%	5.7%	-3.1%	8.3%	9.7%	-1.6%
Temperature Control	9.7%	23.6%	1.3%	0.0%	-0.2%	-1.6%	7.3%	2.1%
Cost of goods sold	989.3	921.9	791.9	806.1	779.3	789.5	736.0	691.0
Gross profit	382.5	376.9	336.7	331.8	312.8	326.7	322.5	281.1
Gross margin	27.9%	29.0%	29.8%	29.2%	28.6%	29.3%	30.5%	28.9%
Selling, general and administrative	276.6	247.5	224.7	234.7	231.3	224.2	220.9	206.3
Other operating expenses	-0.1	0.0	0.0	0.0	-4.3	-1.3	-1.2	-0.9
EBITDA [+]	134.3	156.6	138.3	122.9	109.9	127.6	123.2	93.4
EBITDA growth	-14.2%	13.3%	12.5%	11.8%	-13.9%	3.6%	32.0%	-18.4%
EBITDA margin	9.8%	12.1%	12.3%	10.8%	10.1%	11.4%	11.6%	9.6%
Depreciation	19.7	18.5	18.1	17.8	16.5	15.9	13.4	12.7
EBITA	114.6	138.1	120.2	105.1	93.4	111.7	109.8	80.6
EBITA margin	8.4%	10.6%	10.6%	9.2%	8.6%	10.0%	10.4%	8.3%
Amortization of intangibles	8.6	8.7	8.2	8.0	7.6	8.0	7.1	4.9
EBIT [+]	106.0	129.4	112.0	97.1	85.8	103.7	102.7	75.7
EBIT growth	-18.1%	15.6%	15.3%	13.2%	-17.3%	0.9%	35.7%	-22.1%
EBIT margin	7.7%	10.0%	9.9%	8.5%	7.9%	9.3%	9.7%	7.8%
Non-recurring items [+]	1.9	0.4	3.1	2.6	4.5	6.2	4.0	-0.1
Asset impairment			2.6			6.2	4.0	-0.1
Interest expense	10.6	2.0	2.3	5.3	4.0	2.3	1.6	1.5
Interest expense	10.6	2.0	2.3	5.3	4.0	2.3	1.6	1.5
Other income (expense), net	4.8	3.5	0.8	2.6	-0.4	1.2	1.3	-0.2
Pre-tax income	98.3	130.5	107.4	91.8	76.8	96.4	98.6	74.1
Income taxes	25.2	31.0	27.0	22.7	20.0	52.8	36.2	26.0
Tax rate	25.6%	23.8%	25.1%	24.8%	26.0%	54.8%	36.7%	35.1%
Minority interest	0.1	0.1
Earnings from continuing ops	146.2	198.8	160.8	138.1	56.9	43.6	62.4	48.1
Earnings from discontinued ops	-17.7	-8.5	-23.0	-11.1	0.0	0.0
Net income	128.5	190.3	137.8	127.0	43.0	38.0	60.4	46.0
Net margin	9.4%	14.7%	12.2%	11.2%	3.9%	3.4%	5.7%	4.7%

Basic EPS [+]	$6.74	$8.98	$7.19	$6.17	$2.53	$1.92	$2.75	$2.11
Growth	-24.9%	24.9%	16.5%	143.8%	31.9%	-30.1%	30.2%	-8.7%
Diluted EPS [+]	$6.60	$8.79	$7.05	$6.05	$2.48	$1.88	$2.70	$2.08
Growth	-24.9%	24.7%	16.4%	144.1%	31.8%	-30.4%	30.0%	-8.7%

Dividends per share [+]	$1.08	$1.00	$0.50	$0.92	$0.84	$0.76	$0.68	$0.60
Growth	8.0%	100.0%	-45.7%	9.5%	10.5%	11.8%	13.3%	15.4%

Shares outstanding (basic) [+]	21.7	22.1	22.4	22.4	22.5	22.7	22.7	22.8
Growth	-2.1%	-1.0%	0.0%	-0.3%	-1.2%	0.0%	-0.4%	-0.4%
Shares outstanding (diluted) [+]	22.1	22.6	22.8	22.8	22.9	23.2	23.1	23.1
Growth	-2.1%	-0.9%	0.0%	-0.5%	-1.1%	0.5%	-0.3%	-0.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.