Standard Motor Products (SMP) 10-Q 31 Jul 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 27, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	STANDARD MOTOR PRODUCTS INC
Entity Central Index Key	93,389
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		22,428,120
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]
Net sales	[1]	$ 286,636	$ 312,729	$ 548,462	$ 595,107
Cost of sales		205,347	222,063	394,584	420,331
Gross profit		81,289	90,666	153,878	174,776
Selling, general and administrative expenses		57,750	60,346	115,467	117,763
Restructuring and integration expenses		231	1,235	3,067	2,782
Other income, net		42	314	313	630
Operating income		23,350	29,399	35,657	54,861
Other non-operating income, net		480	1,010	449	1,890
Interest expense		1,251	722	1,883	1,190
Earnings from continuing operations before taxes		22,579	29,687	34,223	55,561
Provision for income taxes		5,752	11,426	8,799	20,933
Earnings from continuing operations		16,827	18,261	25,424	34,628
Loss from discontinued operations, net of income taxes		(882)	(497)	(1,490)	(1,130)
Net earnings		$ 15,945	$ 17,764	$ 23,934	$ 33,498
Net earnings per common share - Basic:
Earnings from continuing operations (in dollars per share)		$ 0.75	$ 0.80	$ 1.13	$ 1.52
Discontinued operations (in dollars per share)		(0.04)	(0.02)	(0.07)	(0.05)
Net earnings per common share - Basic (in dollars per share)		0.71	0.78	1.06	1.47
Net earnings per common share - Diluted:
Earnings from continuing operations (in dollars per share)		0.73	0.78	1.11	1.48
Discontinued operations (in dollars per share)		(0.04)	(0.02)	(0.07)	(0.04)
Net earnings per common share - Diluted (in dollars per share)		0.69	0.76	1.04	1.44
Dividend declared per share (in dollars per share)		$ 0.21	$ 0.19	$ 0.42	$ 0.38
Average number of common shares (in shares)		22,471,428	22,820,079	22,484,894	22,833,263
Average number of common shares and dilutive common shares (in shares)		22,958,469	23,329,082	22,962,049	23,332,480
[1]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]
Net earnings	$ 15,945	$ 17,764	$ 23,934	$ 33,498
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(5,935)	2,733	(3,716)	5,456
Amortization of:
Unrecognized gain	(12)	(271)	(21)	(330)
Unrecognized actuarial gains	12	472	12	472
Income tax related to pension and postretirement plans	0	(81)	4	(57)
Pension and postretirement plans, net of tax	0	120	(5)	85
Total other comprehensive income (loss), net of tax	(5,935)	2,853	(3,721)	5,541
Comprehensive income	$ 10,010	$ 20,617	$ 20,213	$ 39,039

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2018		Dec. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 18,573		$ 17,323
Accounts receivable, less allowances for discounts and doubtful accounts of $5,533 and $4,967 for 2018 and 2017, respectively	173,861		140,057
Inventories	331,453		326,411
Unreturned customer inventories	18,246	[1]	0
Prepaid expenses and other current assets	16,458		12,300
Total current assets	558,591		496,091
Property, plant and equipment, net of accumulated depreciation of $186,603 and $191,081 for 2018 and 2017, respectively	91,277		89,103
Goodwill	67,360		67,413
Other intangibles, net	52,216		56,261
Deferred income taxes	31,842		32,420
Investments in unconsolidated affiliates	34,725		31,184
Other assets	15,934		15,095
Total assets	851,945		787,567
CURRENT LIABILITIES:
Notes payable	88,528		57,000
Current portion of other debt	5,169		4,699
Accounts payable	94,988		77,990
Sundry payables and accrued expenses	29,391		40,012
Accrued customer returns	42,536		35,916
Accrued core liability	26,138		11,899
Accrued rebates	34,142		35,346
Payroll and commissions	20,861		23,035
Total current liabilities	341,753		285,897
Long-term debt	34		79
Other accrued liabilities	15,449		14,561
Accrued asbestos liabilities	32,339		33,376
Total liabilities	389,575		333,913
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	103,403		100,057
Retained earnings	370,461		357,153
Accumulated other comprehensive income	(7,830)		(4,109)
Treasury stock - at cost (1,490,526 shares and 1,424,025 shares in 2018 and 2017, respectively)	(51,536)		(47,319)
Total stockholders' equity	462,370		453,654
Total liabilities and stockholders' equity	$ 851,945		$ 787,567
[1]	The adoption of ASU 2014-09 using the modified retrospective method resulted in the recording of unreturned customer inventories commencing on January 1, 2018, see Note 2, "Summary of Significant Accounting Policies" for additional information.

CONSOLIDATED BALANCE SHEETS (U5

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
CURRENT ASSETS:
Accounts receivable, allowances for discounts and doubtful accounts	$ 5,533	$ 4,967
Property, plant and equipment, accumulated depreciation	$ 186,603	$ 191,081
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 2	$ 2
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	23,936,036	23,936,036
Treasury stock - at cost (in shares)	1,490,526	1,424,025

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$ 23,934	$ 33,498
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	11,706	11,316
Amortization of deferred financing cost	172	172
Increase to allowance for doubtful accounts	93	1,230
Increase to inventory reserves	1,553	767
Amortization of deferred gain on sale of building	(218)	(524)
Equity income from joint ventures	(125)	(1,111)
Employee Stock Ownership Plan allocation	1,278	1,080
Stock-based compensation	3,896	4,005
Decrease in deferred income taxes	502	749
Loss on discontinued operations, net of tax	1,490	1,130
Change in assets and liabilities:
Increase in accounts receivable	(34,524)	(53,069)
Increase in inventories	(6,650)	(27,048)
Increase in prepaid expenses and other current assets	(2,988)	(943)
Increase in accounts payable	15,684	17,475
Increase (decrease) in sundry payables and accrued expenses	(9,115)	5,663
Net change in other assets and liabilities	(2,502)	(1,225)
Net cash provided by (used in) operating activities	4,186	(6,835)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions of and investments in businesses	(8,572)	0
Capital expenditures	(11,325)	(8,843)
Other investing activities	16	2
Net cash used in investing activities	(19,881)	(8,841)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net borrowings under line-of-credit agreements	31,529	24,134
Net borrowings (payments) of other debt and capital lease obligations	758	(21)
Purchase of treasury stock	(7,640)	(5,176)
Increase in overdraft balances	1,990	1,488
Dividends paid	(9,437)	(8,674)
Net cash provided by financing activities	17,200	11,751
Effect of exchange rate changes on cash	(255)	518
Net increase (decrease) in cash and cash equivalents	1,250	(3,407)
CASH AND CASH EQUIVALENTS at beginning of period	17,323	19,796
CASH AND CASH EQUIVALENTS at end of period	18,573	16,389
Cash paid during the period for:
Interest	1,656	956
Income taxes	9,622	19,499
Noncash investing activity:
Accrual for additional investment in China joint venture	$ 1,373	$ 0

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Common Stock [Member]Adjustments Due to Adoption of ASU 2014-09 [Member]	Capital in Excess of Par Value [Member]	Capital in Excess of Par Value [Member]Adjustments Due to Adoption of ASU 2014-09 [Member]	Retained Earnings [Member]	Retained Earnings [Member]Adjustments Due to Adoption of ASU 2014-09 [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]Adjustments Due to Adoption of ASU 2014-09 [Member]	Treasury Stock [Member]	Treasury Stock [Member]Adjustments Due to Adoption of ASU 2014-09 [Member]	Total	Adjustments Due to Adoption of ASU 2014-09 [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect adjustment (Note 2) | ASC 606 [Member]		$ 0		$ 0		$ (1,189)		$ 0		$ 0		$ (1,189)
Balance at beginning of period at Dec. 31, 2017	$ 47,872		$ 100,057		$ 357,153		$ (4,109)		$ (47,319)		$ 453,654
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0		0		23,934		0		0		23,934
Net earnings | ASC 606 [Member]												793
Other comprehensive income, net of tax	0		0		0		(3,721)		0		(3,721)
Cash dividends paid	0		0		(9,437)		0		0		(9,437)
Purchase of treasury stock	0		0		0		0		(7,324)		(7,324)
Stock-based compensation	0		2,581		0		0		1,315		3,896
Employee Stock Ownership Plan	0		765		0		0		1,792		2,557
Balance at end of period at Jun. 30, 2018	47,872		103,403		370,461		(7,830)		(51,536)		462,370
Balance at beginning of period at Mar. 31, 2018							(1,895)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings											15,945
Net earnings | ASC 606 [Member]												$ 402
Other comprehensive income, net of tax											(5,935)
Balance at end of period at Jun. 30, 2018	$ 47,872		$ 103,403		$ 370,461		$ (7,830)		$ (51,536)		$ 462,370

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2018
Basis of Presentation [Abstract]
Basis of Presentation	Note 1. Basis of Presentation Standard Motor Products, Inc. and subsidiaries (referred to as the “Company,” “we,” “us,” or “our”) is engaged in the manufacture and distribution of replacement parts for motor vehicles in the automotive aftermarket industry with a complementary focus on heavy duty, industrial equipment and the original equipment service market. The accompanying unaudited financial information should be read in conjunction with the audited consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017. The unaudited consolidated financial statements include our accounts and all domestic and international companies in which we have more than a 50% equity ownership, except in instances where the minority shareholder maintains substantive participating rights, in which case we follow the equity method of accounting. Investments in unconsolidated affiliates are accounted for on the equity method, as we do not have a controlling financial interest but have the ability to exercise significant influence. All significant inter-company items have been eliminated. The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. The results of operations for the interim periods are not necessarily indicative of the results of operations for the entire year. Reclassification Certain prior period amounts in the accompanying consolidated financial statements and related notes have been reclassified to conform to the 2018 presentation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies The preparation of consolidated annual and quarterly financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, the disclosure of contingent assets and liabilities at the date of our consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. We have made a number of estimates and assumptions in the preparation of these consolidated financial statements. We can give no assurance that actual results will not differ from those estimates. Some of the more significant estimates include allowances for doubtful accounts, realizability of inventory, goodwill and other intangible assets, depreciation and amortization of long-lived assets, product liability, other postretirement benefits, asbestos, environmental and litigation matters, the valuation of deferred tax assets and sales return allowances. There have been no material changes to our critical accounting policies and estimates from the information provided in Revenue from Contracts with Customers, Standards that were adopted Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers Effective January 1, 2018, we adopted the requirements of ASU 2014-09, Revenue from Contracts with Customers The adoption of the new standard did not result in a material difference between the recognition of revenue under ASU 2014-09 and prior accounting standards. For the majority of our net sales, revenue continues to be recognized when products are shipped from our distribution facilities, or when received by our customers, depending upon the terms of the contract. Under the new revenue standard, (1) the return of cores from customers used in our manufacturing processes for air conditioning compressors, diesel injectors, and diesel pumps is estimated and recorded as unreturned customer inventories at the time of sale, and (2) overstock returns are recorded gross of expected recoveries. Adoption of the new standard resulted in the recording of unreturned customer inventories, and an increase in accrued core liabilities and accrued customer returns, with partially offsetting changes in net sales and cost of sales, and no material change to our net income on an ongoing basis. The cumulative effect of the changes made to our consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is as follows (in thousands): Balance at December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 Balance at January 1, 2018 Balance Sheet Unreturned customer inventories $ — $ 19,950 $ 19,950 Accrued customer returns 35,916 6,670 42,586 Accrued core liability 11,899 14,469 26,368 Retained earnings 357,153 (1,189 ) 355,964 The adoption of ASU 2014-09 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Balance Sheet Unreturned customer inventories $ 18,246 $ — $ 18,246 Prepaid expenses and other current assets 16,458 16,733 (275 ) Accrued customer returns 42,536 36,184 6,352 Accrued core liability 26,138 14,123 12,015 Retained earnings 370,461 370,857 (396 ) Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Statement of Operations Net sales $ 286,636 $ 286,531 $ 105 $ 548,462 $ 546,009 $ 2,453 Cost of sales 205,347 205,781 (434 ) 394,584 393,199 1,385 Earnings from continuing operations before taxes 22,579 22,040 539 34,223 33,155 1,068 Provision for income taxes 5,752 5,615 137 8,799 8,524 275 Net earnings 15,945 15,543 402 23,934 23,141 793 See Note 3 for further information regarding our adoption of ASU 2014-09. The following table provides a brief description of the impact of additional recently adopted accounting pronouncements on our financial statements: Standard Description Date of adoption E ffects on the financial statements or other significant matters ASU 2016-15, Statement of Cash Flows This standard is intended to reduce diversity in practice and to provide guidance as to how certain cash receipts and cash payments are presented and classified in the statement of cash flows. January 1, 2018 The retrospective adoption of the new standard did not result in any changes in our reporting of cash receipts and cash payments in our consolidated statement of cash flows. ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost This standard requires employers that present operating income in their consolidated statement of operations to include only the service cost component of net periodic pension cost and net periodic postretirement benefit cost in operating expenses (together with other employee compensation costs). The other components of net benefit cost, including amortization of prior service cost/credit, and settlement and curtailment effects, are to be included in other non-operating income (expense). The new standard requires retrospective reclassification of the effects of the new standard on the statement of operations. January 1, 2018 The adoption of the new standard resulted in the reclassification of all components of net periodic pension cost and net periodic postretirement benefit cost, other than the service cost component, in our statement of operations from selling, general and administrated expenses, to other non-operating income (expense). We adopted the new standard retrospectively, and as such, all prior period amounts have been reclassified for comparative purposes. Standards that are not yet adopted as of June 30, 2018 Leases In February 2016, the FASB issued ASU 2016-02, Leases, To date, we have taken an inventory of all of our operating leases, which consists primarily of real estate, equipment and auto leases, started our review of key lease agreements including contract reviews for embedded leases, and are currently evaluating lease terms, lease payments and appropriate discount rates to use in calculating the right-of-use asset and lease liability. In addition, we are currently evaluating the transition package of practical expedients permitted within the new standard, which among other things, allows us to use hindsight to determine the reasonably certain lease term for existing leases, and allows for the adoption of the new standard at the effective date without adjusting the comparative prior periods presented. We will be continuously assessing the impact of the new standard and the impact on our systems, processes and controls through January 1, 2019, our planned adoption date. The following table provides a brief description of additional recently issued accounting pronouncements that have not yet been adopted as of June 30, 2018, and that could have an impact on our financial statements: Standard Description Date of adoption Effects on the financial statements or other significant matters ASU Simplifying the Test for Goodwill Impairment This standard is intended to simplify the accounting for goodwill impairment. ASU 2017-04 removes Step 2 of the test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. January 1, 2020, with early adoption permitted The new standard should be applied prospectively. We will consider the new standard when performing our annual impairment test and evaluate when we will adopt the new standard. ASU 2016-13, Financial Instruments – Credit Losses This standard creates a single model to measure impairment on financial assets, which includes trade account receivables. An estimate of expected credit losses on trade account receivables over their contractual life will be required to be recorded at inception, based on historical information, current conditions, and reasonable and supportable forecasts. January 1, 2020, with early adoption permitted The new standard requires adoption through a cumulative-effect adjustment to retained earnings as of the effective date, without adjusting period periods. We do not anticipate that the adoption of this standard will have a material impact on manner in which we estimate our allowance for doubtful accounts on trade accounts receivable, or on our consolidated financial statements.

Net Sales

Net Sales	6 Months Ended
	Jun. 30, 2018
Net Sales [Abstract]
Net Sales	Note 3. Net Sales Significant Accounting Policy We recognize revenues when our performance obligation has been satisfied and the control of products has been transferred to a customer which typically occurs upon shipment. Revenue is measured as the amount of consideration we expect to receive in exchange for the transfer of goods or providing services. Shipping and handling costs, as well as freight to customers, are included in distribution expenses as part of selling, general and administrative expenses. Revenue Recognition We derive our revenue primarily from sales of replacement parts for motor vehicles from both our Engine Management and Temperature Control Segments. The amount of consideration we receive and revenue we recognize depends on the marketing incentives, product warranty and overstock returns we offer to our customers. For certain of our sales of remanufactured products, we also charge our customers a deposit for the return of a used core component which we can use in our future remanufacturing activities. Such deposit is not recognized as revenue at the time of the sale but rather carried as a core liability. At the same time, we estimate the core expected to be returned from the customer and record the estimated return as unreturned customer inventory. The liability is extinguished when a core is actually returned to us, or at period end when we estimate and recognize revenue for the core deposits not expected to be returned. We estimate and record provisions for cash discounts, quantity rebates, sales returns and warranties in the period the sale is recorded, based upon our prior experience and current trends. Significant management judgments and estimates must be made and used in estimating sales returns and allowances relating to revenue recognized in any accounting period. Product Warranty and Overstock Returns Many of our products carry a warranty ranging from a 90-day limited warranty to a lifetime limited warranty, which generally covers defects in materials or workmanship and failure to meet industry published specifications and/or the result of installation error. In addition to warranty returns, we also permit our customers to return new, undamaged products to us within customer-specific limits (which are generally limited to a specified percentage of their annual purchases from us) in the event that they have overstocked their inventories. At the time products are sold, we accrue a liability for product warranties and overstock returns as a percentage of sales based upon estimates established using historical information on the nature, frequency and average cost of the claim and the probability of the customer return. At the same time, we record an estimate of anticipated customer returns as unreturned customer inventory. Revision to these estimates is made when necessary, based upon changes in these factors. We regularly study trends of such claims. Disaggregation of Net Sales We disaggregate our net sales from contracts with customers by geographic area, major product group, and major sales channels for each of our segments, as we believe it best depicts how the nature, amount, timing and uncertainty of our net sales are affected by economic factors. The following tables provide disaggregation of net sales information for the three months and six months ended June 30, 2018 and 2017 (in thousands): Three months ended June 30, 2018 (a) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 182,383 $ 74,267 $ — $ 256,650 Canada 7,288 5,516 2,837 15,641 Mexico 4,447 173 — 4,620 Europe 2,406 147 — 2,553 Other foreign 6,905 267 — 7,172 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Major Product Group: Ignition, emissions and fuel system parts $ 162,462 $ — $ 1,191 $ 163,653 Wire and cable 40,967 — 158 41,125 Compressors — 46,940 818 47,758 Other climate control parts — 33,430 670 34,100 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Major Sales Channel: Aftermarket $ 171,864 $ 70,679 $ 2,837 $ 245,380 OE/OES 25,801 9,296 — 35,097 Export 5,764 395 — 6,159 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Three months ended June 30, 2017 (a)(b) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 201,142 $ 80,874 $ — $ 282,016 Canada 8,056 5,554 1,989 15,599 Mexico 5,056 208 — 5,264 Europe 3,151 320 — 3,471 Other foreign 5,944 435 — 6,379 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Major Product Group: Ignition, emissions and fuel system parts $ 178,105 $ — $ 840 $ 178,945 Wire and cable 45,244 — 150 45,394 Compressors — 49,644 601 50,245 Other climate control parts — 37,747 398 38,145 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Major Sales Channel: Aftermarket $ 191,846 $ 76,799 $ 1,989 $ 270,634 OE/OES 26,168 9,810 — 35,978 Export 5,335 782 — 6,117 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Six months ended June 30, 2018 (a) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 356,967 $ 129,838 $ — $ 486,805 Canada 15,092 9,448 4,944 29,484 Mexico 12,669 385 — 13,054 Europe 5,886 311 — 6,197 Other foreign 12,303 619 — 12,922 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Major Product Group: Ignition, emissions and fuel system parts $ 323,539 $ — $ 2,853 $ 326,392 Wire and cable 79,378 — 349 79,727 Compressors — 76,838 762 77,600 Other climate control parts — 63,763 980 64,743 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Major Sales Channel: Aftermarket $ 341,174 $ 122,309 $ 4,944 $ 468,427 OE/OES 50,857 17,397 — 68,254 Export 10,886 895 — 11,781 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Six months ended June 30, 2017 (a)(b) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 387,044 $ 145,913 $ — $ 532,957 Canada 17,823 9,910 2,763 30,496 Mexico 12,087 432 — 12,519 Europe 6,965 524 — 7,489 Other foreign 10,744 902 — 11,646 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 Major Product Group: Ignition, emissions and fuel system parts $ 343,258 $ — $ 1,564 $ 344,822 Wire and cable 91,405 — 376 91,781 Compressors — 87,545 299 87,844 Other climate control parts — 70,136 524 70,660 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 Major Sales Channel: Aftermarket $ 371,611 $ 138,598 $ 2,763 $ 512,972 OE/OES 52,672 17,799 — 70,471 Export 10,380 1,284 — 11,664 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 (a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments. (b) Amounts have not been restated and are reported under accounting standards in effect in the period presented as we adopted ASU 2014-09, Revenue from Contracts with Customers (c) Other consists of the elimination of intersegment sales from our Engine Management and Temperature Control segments as well as sales from our Canadian business unit that does not meet the criteria of a reportable operating segment. Geographic Area We sell our line of products primarily in the United States, with additional sales in Canada, Mexico, Europe, Asia and Latin America. Sales are attributed to countries based upon the location of the customer. Our sales are substantially denominated in U.S. dollars. Major Product Group The Engine Management segment of the Company principally generates revenue from the sale of automotive engine replacement parts including ignition, emission and fuel system parts, and wire and cable parts. The Temperature Control segment of the Company principally generates revenue from the sale of automotive temperature control systems replacement parts including air conditioning compressors and other climate control parts. Major Sales Channel In the aftermarket channel, we sell our products to warehouse distributors and retailers. Our customers buy directly from us and sell directly to jobber stores, professional technicians and to “do-it-yourselfers” who perform automotive repairs on their personal vehicles. In the Original Equipment (“OE”) and Original Equipment Service (“OES”) channel, we sell our products to original equipment manufacturers who redistribute our products within their distribution network, independent dealerships and service dealer technicians. Lastly, in the Export channel, our domestic entities sell to customers outside the United States.

Business Acquisitions and Inves

Business Acquisitions and Investments	6 Months Ended
	Jun. 30, 2018
Business Acquisitions and Investments [Abstract]
Business Acquisitions and Investments	Note 4. Business Acquisitions and Investments 2018 Increase in Equity Investment Foshan GWO YNG SMP Vehicle Climate Control & Cooling Products Co. Ltd. In April 2014, we formed a 50/50 joint venture with Gwo Yng Enterprise Co., Ltd. (“Gwo Yng”), a China-based manufacturer of air conditioner accumulators, filter driers, hose assemblies and switches for the automotive aftermarket and OEM/OES markets. We acquired our 50% interest in the joint venture for approximately $14 million. We determined, at that time, that due to a lack of a voting majority and other qualitative factors, we do not control the operations of the joint venture and accordingly, our investment in the joint venture was accounted for under the equity method of accounting. In March 2018, we acquired an additional 15% equity interest in the joint venture for RMB 26,475,583 (approximately $4.2 million), thereby increasing our equity interest in the joint venture to 65%. Payment for our additional 15% investment will be made in six cash installments, with $2.8 million paid through June 30, 2018 and the balance paid on various dates through the end of 2018. Although we have increased our equity interest in the joint venture to 65%, the minority shareholder will maintain participating rights that will allow it to participate in certain significant financial and operating decisions that occur in the ordinary course of business. As a result of the existence of these substantive participating rights of the minority shareholder, we will continue to account for our investment in the joint venture under the equity method of accounting. 2017 Equity Investment Foshan FGD SMP Automotive Compressor Co., Ltd. In November 2017, we formed a 50/50 joint venture with Foshan Guangdong Automotive Air Conditioning Co., Ltd. (“FGD”), a China-based manufacturer of air conditioning compressors for the automotive aftermarket and the Chinese OE market. We acquired our 50% interest in the joint venture for approximately $12.5 million. Payment for our acquired interest in the joint venture was made in installments with approximately $6.8 million paid in 2017 and the balance of approximately $5.7 million paid in January 2018. We determined that due to a lack of a voting majority, and other qualitative factors, we do not control the operations of the joint venture and accordingly, our investment in the joint venture is accounted for under the equity method of accounting.

Restructuring and Integration E

Restructuring and Integration Expenses	6 Months Ended
	Jun. 30, 2018
Restructuring and Integration Expenses [Abstract]
Restructuring and Integration Expenses	Note 5. Restructuring and Integration Expenses The aggregated liabilities included in “sundry payables and accrued expenses” and “other accrued liabilities” in the consolidated balance sheet relating to the restructuring and integration activities as of December 31, 2017 and June 30, 2018 and activity for the six months ended June 30, 2018 consisted of the following (in thousands): Workforce Reduction Other Exit Costs Total Exit activity liability at December 31, 2017 $ 2,854 $ — $ 2,854 Restructuring and integration costs: Amounts provided for during 2018 50 3,017 3,067 Non-cash usage, including asset write-downs — (181 ) (181 ) Cash payments (1,748 ) (2,836 ) (4,584 ) Foreign currency exchange rate changes 26 — 26 Exit activity liability at June 30 $ 1,182 $ — $ 1,182 Restructuring Costs Plant Rationalization Program In February 2016, in connection with our ongoing efforts to improve operating efficiencies and reduce costs, we finalized our intention to implement a plant rationalization initiative. As part of the plant rationalization, all our Grapevine, Texas production activities have been relocated to facilities in Greenville, South Carolina and Reynosa, Mexico, and certain production activities were relocated from our Greenville, South Carolina manufacturing facility to our manufacturing facility in Bialystok, Poland. In addition, certain service functions were relocated from Grapevine, Texas to our administrative offices in Lewisville, Texas and our Grapevine, Texas facility was closed. As of June 30, 2018, the plant rationalization program is substantially completed. Cash payments made during the first six months of 2018 consisted primarily of severance payments to employees. Activity, by segment, for the six months ended June 30, 2018 related to our plant rationalization program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ — $ 1,476 $ — $ 1,476 Restructuring and integration costs: Amounts provided for during 2018 — 204 — 204 Cash payments — (1,204 ) — (1,204 ) Exit activity liability at June 30 $ — $ 476 $ — $ 476 Orlando Plant Rationalization Program In January 2017, to further our ongoing efforts to improve operating efficiencies and reduce costs, we finalized our intention to implement a plant rationalization initiative at our Orlando, Florida facility. As part of the Orlando plant rationalization, all of our Orlando, Florida production activities have been relocated to our Independence, Kansas manufacturing facility. In addition, certain production activities were relocated from our Independence, Kansas manufacturing facility to our Reynosa, Mexico manufacturing facility and our Orlando, Florida facility was closed. As of June 30, 2018, the Orlando plant rationalization program is substantially completed. The remaining aggregate liability related to the program as of June 30, 2018 consists of future cash severance payments to be made to former employees. Activity, by segment, for the six months ended June 30, 2018 related to our Orlando plant rationalization program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ 986 $ — $ — $ 986 Restructuring and integration costs: Amounts provided for during 2018 1,471 — — 1,471 Non-cash usage, including asset write-downs (12 ) — — (12 ) Cash payments (1,739 ) — — (1,739 ) Exit activity liability at June 30, 2018 $ 706 $ — $ — $ 706 Integration Costs Wire and Cable Relocation In connection with our acquisition of the North American automotive ignition wire business of General Cable Corporation in May 2016, we incurred certain integration expenses, including costs incurred in connection with the consolidation of the General Cable Corporation Altoona, Pennsylvania wire distribution center into our existing wire distribution center in Edwardsville, Kansas and the relocation of certain machinery and equipment. In October 2016, we further announced our plan to relocate all production from the acquired Nogales, Mexico wire set assembly operation to our existing wire assembly facility in Reynosa, Mexico and to close the Nogales, Mexico plant. As of June 30, 2018, the wire and cable relocation program is substantially completed. All of our Nogales, Mexico production activities have been relocated to our Reynosa, Mexico assembly facility and our Nogales, Mexico plant was closed. Activity, by segment, for the six months ended June 30, 2018 related to our wire and cable relocation program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ 392 $ — $ — $ 392 Restructuring and integration costs: Amounts provided for during 2018 1,392 — — 1,392 Non-cash usage, including asset write-downs (169 ) — — (169 ) Cash payments (1,641 ) — — (1,641 ) Foreign currency exchange rate changes 26 — — 26 Exit activity liability at June 30, 2018 $ — $ — $ — $ —

Sale of Receivables

Sale of Receivables	6 Months Ended
	Jun. 30, 2018
Sale of Receivables [Abstract]
Sale of Receivables	Note 6. Sale of Receivables From time to time, we sell undivided interests in certain of our receivables to financial institutions. We enter these agreements at our discretion when we determine that the cost of factoring is less than the cost of servicing our receivables with existing debt. Under the terms of the agreements, we retain no rights or interest, have no obligations with respect to the sold receivables, and do not service the receivables after the sale. As such, these transactions are being accounted for as a sale. Pursuant to these agreements, we sold $184.1 million and $341.6 million of receivables during the three months and six months ended June , 2018

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventories [Abstract]
Inventories	Note 7. Inventories Inventories, which are stated at the lower of cost (determined by means of the first-in, first-out method) or market, consist of the following: June 30, 2018 December 31, 2017 (In thousands) Finished goods $ 218,000 $ 209,800 Work in process 9,029 7,536 Raw materials 104,424 109,075 Subtotal 331,453 326,411 Unreturned customer inventories (1) 18,246 — Total inventories $ 349,699 $ 326,411 (1) The adoption of ASU 2014-09 using the modified retrospective method resulted in the recording of unreturned customer inventories commencing on January 1, 2018, see Note 2, “Summary of Significant Accounting Policies” for additional information.

Acquired Intangible Assets

Acquired Intangible Assets	6 Months Ended
	Jun. 30, 2018
Acquired Intangible Assets [Abstract]
Acquired Intangible Assets	Note 8. Acquired Intangible Assets Acquired identifiable intangible assets consist of the following: June 30, 2018 December 31, 2017 (In thousands) Customer relationships $ 87,226 $ 87,290 Trademarks and trade names 6,800 6,800 Non-compete agreements 3,192 3,193 Patents 723 723 Supply agreements 800 800 Leaseholds 160 160 Total acquired intangible assets 98,901 98,966 Less accumulated amortization (1) (47,668 ) (43,853 ) Net acquired intangible assets $ 51,233 $ 55,113 (1) Applies to all intangible assets, except for trademarks and trade names totaling $5.2 million, which have indefinite useful lives and, as such, are not being amortized. Total amortization expense for acquired intangible assets was $1.9 million and $3.8 million for the three months and six months ended June 30, 2018, respectively, and $2.1 million and $4.2 million for the comparable periods in 2017. Based on the current estimated useful lives assigned to our acquired intangible assets, amortization expense is estimated to be $3.7 million for the remainder of 2018, $6.3 million in 2019, $5.9 million in 2020, $4.6 million in 2021 and $25.5 million in the aggregate for the years 2022 through 2031.

Credit Facilities and Long-Term

Credit Facilities and Long-Term Debt	6 Months Ended
	Jun. 30, 2018
Credit Facilities and Long-Term Debt [Abstract]
Credit Facilities and Long-Term Debt	Note 9. Credit Facilities and Long-Term Debt Total debt outstanding is summarized as follows: June 30, 2018 December 31, 2017 (In thousands) Revolving credit facilities $ 88,528 $ 57,000 Other (1) 5,203 4,778 Total debt $ 93,731 $ 61,778 Current maturities of debt $ 93,697 $ 61,699 Long-term debt 34 79 Total debt $ 93,731 $ 61,778 (1) Other includes borrowings under our Polish overdraft facility of Zloty 19.1 million (approximately $5.1 million). Revolving Credit Facility In October 2015, we entered into a Credit Agreement with JPMorgan Chase Bank, N.A., as agent, and a syndicate of lenders for a senior secured revolving credit facility with a line of credit of up to $250 million (with an additional $50 million accordion feature) and a maturity date in October 2020. The line of credit under the agreement also allows for a $10 million line of credit to Canada as part of the $250 million available for borrowing. Direct borrowings under the credit agreement bear interest at LIBOR plus a margin ranging from 1.25% to 1.75% based on our borrowing availability, or floating at the alternate base rate plus a margin ranging from 0.25% to 0.75% based on our borrowing availability, at our option. The credit agreement is guaranteed by certain of our subsidiaries and secured by certain of our assets. Borrowings under the credit agreement are secured by substantially all of our assets, including accounts receivable, inventory and certain fixed assets, and those of certain of our subsidiaries. Availability under the credit agreement is based on a formula of eligible accounts receivable, eligible inventory, eligible equipment and eligible fixed assets. After taking into account outstanding borrowings under the credit agreement, there was an additional $158.3 million available for us to borrow pursuant to the formula at June 30, 2018 December At June 30, 2018, the weighted average interest rate on our credit agreement was 3.5%, which consisted of $80 million in direct borrowings at 3.3% and an alternative base rate loan of $8.5 million at 5.3%. At December At any time that our borrowing availability is less than the greater of either (a) $25 million, or 10% of the commitments if fixed assets are not included in the borrowing base, or (b) $31.25 million, or 12.5% of the commitments if fixed assets are included in the borrowing base, the terms of the credit agreement provide for, among other provisions, a financial covenant requiring us, on a consolidated basis, to maintain a fixed charge coverage ratio of 1:1 at the end of each fiscal quarter (rolling four quarters). As of June 30, Polish Overdraft Facility In December 2017, our Polish subsidiary, SMP Poland sp.z.o.o., entered into an overdraft facility with HSBC Bank Polska S.A. (“HSBC Poland”) for Zloty 30 million (approximately $8 million). The facility expires in December 2018. Borrowings under the overdraft facility will bear interest at a rate equal to WIBOR + 0.75% and are guaranteed by Standard Motor Products, Inc., the ultimate parent company. At June 30, 2018, borrowings under the overdraft facility were Zloty 19.1 million (approximately $5.1 million). Deferred Financing Costs We had deferred financing costs of $0.8 million and $1 million as of June 30, 2018 and December 31, 2017, respectively. Deferred financing costs are related to our revolving credit facility. Deferred financing costs as of June 30, 2018 are being amortized in the amounts of $0.2 million for the remainder of 2018, $0.3 million in 2019 and $0.3 million in 2020.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2018
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	Note 10. Accumulated Other Comprehensive Income Changes in Accumulated Other Comprehensive Income by Component (in thousands) Three Months Ended June 30, 2018 Foreign Currency Translation Adjustments Unrecognized Postretirement Benefit Costs (Credit) Total Balance at March 31, 2018 $ (2,006 ) $ 111 $ (1,895 ) Other comprehensive income before reclassifications (5,935 ) 7 (5,928 ) Amounts reclassified from accumulated other comprehensive income — (7 ) (7 ) Other comprehensive income, net (5,935 ) — (5,935 ) Balance at June 30, 2018 $ (7,941 ) $ 111 $ (7,830 ) Six Months Ended June 30, 2018 Foreign Currency Translation Adjustments Unrecognized Postretirement Benefit Costs (Credit) Total Balance at December 31, 2017 $ (4,225 ) $ 116 $ (4,109 ) Other comprehensive income before reclassifications (3,716 ) 7 (3,709 ) Amounts reclassified from accumulated other comprehensive income — (12 ) (12 ) Other comprehensive income, net (3,716 ) (5 ) (3,721 ) Balance at June 30 $ (7,941 ) $ 111 $ (7,830 ) Reclassifications Out of Accumulated Other Comprehensive Income (in thousands) Details About Accumulated Other Comprehensive Income Components Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Amortization of postretirement benefit plans: Prior service benefit (1) $ — $ — Unrecognized gain (1) (12 ) (21 ) Total before income tax (12 ) (21 ) Income tax expense 5 9 Total reclassifications for the period $ (7 ) $ (12 ) (1) These accumulated other comprehensive income components are included in the computation of net periodic postretirement benefit costs, which are included in other non-operating income, net in our consolidated statements of operations (see Note 12 for additional details).

Stock-Based Compensation Plans

Stock-Based Compensation Plans	6 Months Ended
	Jun. 30, 2018
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	Note 11. Stock-Based Compensation Plans We account for our stock-based compensation plans in accordance with the provisions of FASB ASC 718, Stock Compensation Restricted and Performance Stock Grants As part of the 2016 Omnibus Incentive Plan, we currently grant shares of restricted stock to eligible employees and our independent directors and performance-based stock to eligible employees. Selected executives and other key personnel are granted performance awards whose vesting is contingent upon meeting various performance measures with a retention feature. Performance-based shares are subject to a three-year measuring period and the achievement of performance targets and, depending upon the achievement of such performance targets, they may become vested on the third anniversary of the date of grant. Each period we evaluate the probability of achieving the applicable targets, and we adjust our accrual accordingly. Restricted shares granted to employees become fully vested upon the third anniversary of the date of grant; and for selected key executives, certain additional restricted share grants vest 25% upon the attainment of age 60, 25% upon the attainment of age 63 and become fully vested upon the attainment of age 65. Restricted shares granted to directors become fully vested upon the first anniversary of the date of grant. Commencing with the 2015 grants, restricted and performance shares issued to certain key executives and directors are subject to a one or two year holding period upon the lapse of the three year vesting period. Forfeitures on restricted stock grants are estimated at 5% for employees and 0% for executives and directors, respectively, based on our evaluation of historical and expected future turnover. Our restricted and performance-based share activity was as follows for the six months ended June 30, 2018: Shares Weighted Average Grant Date Fair Value Per Share Balance at December 31, 2017 853,958 $ 33.25 Granted 9,129 37.53 Vested (25,845 ) 35.38 Forfeited (3,950 ) 42.82 Balance at June 30, 2018 833,292 $ 33.18 We recorded compensation expense related to restricted shares and performance-based shares of $3.3 million ($2.5 million, net of tax) and $3.5 million ($2.2 million, net of tax) for the six months ended June 30, 2018 and 2017, respectively. The unamortized compensation expense related to our restricted and performance-based shares was $12.8 million at June 30, 2018, and is expected to be recognized as they vest over a weighted average period of 4.2 years and 0.8 years for employees and directors, respectively.

Employee Benefits

Employee Benefits	6 Months Ended
	Jun. 30, 2018
Employee Benefits [Abstract]
Employee Benefits	Note 12. Employee Benefits We provided, and continue to provide, certain medical and dental care benefits to eligible retired U.S. and Canadian employees. Under the U.S. plan, for non-union employees, a Health Reimbursement Account (“HRA”) was established beginning January 1, 2009 for each qualified U.S. retiree. Annually, and through the year ended December 31, 2016, a fixed amount was credited into the HRA to cover both medical and dental costs for all current and future eligible retirees. Under the Canadian plan, retiree medical and dental benefits were funded using insurance contracts. Premiums under the insurance contracts were funded on a pay-as-you-go basis. The postretirement medical plans to substantially all eligible U.S. and Canadian employees terminated on December 31, 2016. For U.S. plan participants, balances in the HRA accounts upon termination of the plan at December 31, 2016 will remain available for use until December 31, 2018. Any remaining balance at December 31, 2018 will be forfeited. Postretirement medical and dental benefits to eligible employees will continue to be provided to the 20 former union employees in the U.S. The components of net periodic benefit cost for our postretirement benefit plans for the three months and six months ended June 30, 2018 and 2017 were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, Postretirement benefits 2018 2017 (1) 2018 2017 (1) Service cost $ — $ — $ — $ — Interest cost 1 2 3 4 Amortization of prior service cost — — — — Actuarial net gain (12 ) (271 ) (21 ) (330 ) Net periodic benefit cost (credit) $ (11 ) $ (269 ) $ (18 ) $ (326 ) (1) Net periodic benefit cost (credit) has been reclassified from selling, general and administrative expenses to other non-operating income (expense), net on our consolidated statement of operations upon adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost We maintain a defined contribution Supplemental Executive Retirement Plan for key employees. Under the plan, these employees may elect to defer a portion of their compensation and, in addition, we may at our discretion make contributions to the plan on behalf of the employees. In March 2018, we made company contributions to the plan of $0.6 million related to calendar year 2017. We also have an Employee Stock Ownership Plan and Trust for employees who are not covered by a collective bargaining agreement. In connection therewith, we maintain an employee benefits trust to which we contribute shares of treasury stock. We are authorized to instruct the trustees to distribute such shares toward the satisfaction of our future obligations under the plan. The shares held in trust are not considered outstanding for purposes of calculating earnings per share until they are committed to be released. The trustees will vote the shares in accordance with their fiduciary duties. During the six months ended June 30, 2018, we contributed to the trust an additional 53,300 shares from our treasury and released 53,300 shares from the trust leaving 200 shares remaining in the trust as of June 30, 2018.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2018
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 13. Fair Value Measurements The carrying value of our financial instruments consisting of cash and cash equivalents, deferred compensation, and short term borrowings approximate their fair value. In each instance, fair value is determined after considering Level 1 inputs under the three-level fair value hierarchy. For fair value purposes, the carrying value of cash and cash equivalents approximates fair value due to the short maturity of those investments. The fair value of the assets held by the deferred compensation plan are based on the quoted market prices of the underlying funds which are held in registered investment companies. The carrying value of our revolving credit facilities, classified as short term borrowings, equals fair market value because the interest rate reflects current market rates.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Note 14. Earnings Per Share The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic Net Earnings Per Common Share: Earnings from continuing operations $ 16,827 $ 18,261 $ 25,424 $ 34,628 Loss from discontinued operations (882 ) (497 ) (1,490 ) (1,130 ) Net earnings available to common stockholders $ 15,945 $ 17,764 $ 23,934 $ 33,498 Weighted average common shares outstanding 22,471 22,820 22,485 22,833 Earnings from continuing operations per common share $ 0.75 $ 0.80 $ 1.13 $ 1.52 Loss from discontinued operations per common share (0.04 ) (0.02 ) (0.07 ) (0.05 ) Basic net earnings per common share $ 0.71 $ 0.78 $ 1.06 $ 1.47 Diluted Net Earnings Per Common Share: Earnings from continuing operations $ 16,827 $ 18,261 $ 25,424 $ 34,628 Loss from discontinued operations (882 ) (497 ) (1,490 ) (1,130 ) Net earnings available to common stockholders $ 15,945 $ 17,764 $ 23,934 $ 33,498 Weighted average common shares outstanding 22,471 22,820 22,485 22,833 Plus incremental shares from assumed conversions: Dilutive effect of restricted stock and performance-based stock 487 509 477 499 Weighted average common shares outstanding – Diluted 22,958 23,329 22,962 23,332 Earnings from continuing operations per common share $ 0.73 $ 0.78 $ 1.11 $ 1.48 Loss from discontinued operations per common share (0.04 ) (0.02 ) (0.07 ) (0.04 ) Diluted net earnings per common share $ 0.69 $ 0.76 $ 1.04 $ 1.44 The shares listed below were not included in the computation of diluted earnings per share 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 June 30, Six Months Ended June 30, 2018 2017 2018 2017 Restricted and performance-based shares 251 228 265 240

Industry Segments

Industry Segments	6 Months Ended
	Jun. 30, 2018
Industry Segments [Abstract]
Industry Segments	Note 15. Industry Segments We have two major reportable operating segments, each of which focuses on a specific line of replacement parts. Our Engine Management Segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. Our Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The following tables show our net sales, intersegment revenue and operating income by our operating segments (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Net Sales (a) Engine Management $ 203,429 $ 223,349 $ 402,917 $ 434,663 Temperature Control 80,370 87,391 140,601 157,681 All Other 2,837 1,989 4,944 2,763 Consolidated $ 286,636 $ 312,729 $ 548,462 $ 595,107 Intersegment Revenue (a) Engine Management $ 4,981 $ 5,831 $ 10,972 $ 13,143 Temperature Control 2,140 2,095 3,820 4,124 All Other (7,121 ) (7,926 ) (14,792 ) (17,267 ) Consolidated $ — $ — $ — $ — Operating Income Engine Management $ 23,138 $ 26,489 $ 40,514 $ 53,774 Temperature Control 4,882 8,262 5,713 12,229 All Other (4,670 ) (5,352 ) (10,570 ) (11,142 ) Consolidated $ 23,350 $ 29,399 $ 35,657 $ 54,861 a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments. For the disaggregation of our net sales from contracts with customers by geographic area, major product group and major sales channels for each of our segments, see Note 3, “Net Sales.”

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 16. Commitments and Contingencies Asbestos In 1986, we acquired a brake business, which we subsequently sold in March 1998 and which is accounted for as a discontinued operation. When we originally acquired this brake business, we assumed future liabilities relating to any alleged exposure to asbestos-containing products manufactured by the seller of the acquired brake business. In accordance with the related purchase agreement, we agreed to assume the liabilities for all new claims filed on or after September 2001. Our ultimate exposure will depend upon the number of claims filed against us on or after September 2001 and the amounts paid for indemnity and defense thereof. At June 30, 2018, approximately 1,550 cases were outstanding for which we may be responsible for any related liabilities. Since inception in September 2001 through June 30, 2018, the amounts paid for settled claims are approximately $24.8 million. In evaluating our potential asbestos-related liability, we have considered various factors including, among other things, an actuarial study of the asbestos related liabilities performed by an independent actuarial firm, our settlement amounts and whether there are any co-defendants, the jurisdiction in which lawsuits are filed, and the status and results of settlement discussions. As is our accounting policy, we consider the advice of actuarial consultants with experience in assessing asbestos-related liabilities to estimate our potential claim liability. The methodology used to project asbestos-related liabilities and costs in our actuarial study considered: (1) historical data available from publicly available studies; (2) an analysis of our recent claims history to estimate likely filing rates into the future; (3) an analysis of our currently pending claims; and (4) an analysis of our settlements to date in order to develop average settlement values. The most recent actuarial study was performed as of August 31, 2017. The updated study has estimated an undiscounted liability for settlement payments, excluding legal costs and any potential recovery from insurance carriers, ranging from $35.2 million to $54 million for the period through 2060. The change from the prior year study was a $4.2 million increase for the low end of the range and a $6.3 million increase for the high end of the range. The increase in the estimated undiscounted liability from the prior year study at both the low end and high end of the range reflects our actual experience over the prior twelve months, our historical data and certain assumptions with respect to events that may occur in the future. Based on the information contained in the actuarial study and all other available information considered by us, we have concluded that no amount within the range of settlement payments was more likely than any other and, therefore, in assessing our asbestos liability we compare the low end of the range to our recorded liability to determine if an adjustment is required. Based upon the results of the August 31, 2017 actuarial study, in September 2017 we increased our asbestos liability to $35.2 million, the low end of the range, and recorded an incremental pre-tax provision of $6 million in earnings (loss) from discontinued operations in the accompanying statement of operations. Future legal costs, which are expensed as incurred and reported in loss from discontinued operations in the accompanying statement of operations, are estimated, according to the updated study, to range from $44.3 million to $79.6 million for the period through 2060. We plan to perform an annual actuarial evaluation during the third quarter of each year for the foreseeable future. Given the uncertainties associated with projecting such matters into the future and other factors outside our control, we can give no assurance that additional provisions will not be required. We will continue to monitor the circumstances surrounding these potential liabilities in determining whether additional provisions may be necessary. At the present time, however, we do not believe that any additional provisions would be reasonably likely to have a material adverse effect on our liquidity or consolidated financial position. Other Litigation We are currently involved in various other legal claims and legal proceedings (some of which may involve substantial amounts), including claims related to commercial disputes, product liability, employment, and environmental. Although these legal claims and legal proceedings are subject to inherent uncertainties, based on our understanding and evaluation of the relevant facts and circumstances, we believe that the ultimate outcome of these matters will not, either individually or in the aggregate, have a material adverse effect on our . We may at any time determine that settling any of these matters is in our best interests, which settlement may include substantial payments. Warranties We generally warrant our products against certain manufacturing and other defects. These product warranties are provided for specific periods of time of the product depending on the nature of the product. As of June 30, 2018 and 2017, we have accrued $21.7 million and $24.5 million, respectively, for estimated product warranty claims included in accrued customer returns. The accrued product warranty costs are based primarily on historical experience of actual warranty claims. The following table provides the changes in our product warranties (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Balance, beginning of period $ 20,560 $ 25,609 $ 20,929 $ 24,072 Liabilities accrued for current year sales 23,136 25,693 44,378 51,423 Settlements of warranty claims (21,991 ) (26,774 ) (43,602 ) (50,967 ) Balance, end of period $ 21,705 $ 24,528 $ 21,705 $ 24,528

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Standards that were adopted Revenue from Contracts with Customers In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers Effective January 1, 2018, we adopted the requirements of ASU 2014-09, Revenue from Contracts with Customers The adoption of the new standard did not result in a material difference between the recognition of revenue under ASU 2014-09 and prior accounting standards. For the majority of our net sales, revenue continues to be recognized when products are shipped from our distribution facilities, or when received by our customers, depending upon the terms of the contract. Under the new revenue standard, (1) the return of cores from customers used in our manufacturing processes for air conditioning compressors, diesel injectors, and diesel pumps is estimated and recorded as unreturned customer inventories at the time of sale, and (2) overstock returns are recorded gross of expected recoveries. Adoption of the new standard resulted in the recording of unreturned customer inventories, and an increase in accrued core liabilities and accrued customer returns, with partially offsetting changes in net sales and cost of sales, and no material change to our net income on an ongoing basis. The cumulative effect of the changes made to our consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is as follows (in thousands): Balance at December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 Balance at January 1, 2018 Balance Sheet Unreturned customer inventories $ — $ 19,950 $ 19,950 Accrued customer returns 35,916 6,670 42,586 Accrued core liability 11,899 14,469 26,368 Retained earnings 357,153 (1,189 ) 355,964 The adoption of ASU 2014-09 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Balance Sheet Unreturned customer inventories $ 18,246 $ — $ 18,246 Prepaid expenses and other current assets 16,458 16,733 (275 ) Accrued customer returns 42,536 36,184 6,352 Accrued core liability 26,138 14,123 12,015 Retained earnings 370,461 370,857 (396 ) Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Statement of Operations Net sales $ 286,636 $ 286,531 $ 105 $ 548,462 $ 546,009 $ 2,453 Cost of sales 205,347 205,781 (434 ) 394,584 393,199 1,385 Earnings from continuing operations before taxes 22,579 22,040 539 34,223 33,155 1,068 Provision for income taxes 5,752 5,615 137 8,799 8,524 275 Net earnings 15,945 15,543 402 23,934 23,141 793 See Note 3 for further information regarding our adoption of ASU 2014-09. The following table provides a brief description of the impact of additional recently adopted accounting pronouncements on our financial statements: Standard Description Date of adoption E ffects on the financial statements or other significant matters ASU 2016-15, Statement of Cash Flows This standard is intended to reduce diversity in practice and to provide guidance as to how certain cash receipts and cash payments are presented and classified in the statement of cash flows. January 1, 2018 The retrospective adoption of the new standard did not result in any changes in our reporting of cash receipts and cash payments in our consolidated statement of cash flows. ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost This standard requires employers that present operating income in their consolidated statement of operations to include only the service cost component of net periodic pension cost and net periodic postretirement benefit cost in operating expenses (together with other employee compensation costs). The other components of net benefit cost, including amortization of prior service cost/credit, and settlement and curtailment effects, are to be included in other non-operating income (expense). The new standard requires retrospective reclassification of the effects of the new standard on the statement of operations. January 1, 2018 The adoption of the new standard resulted in the reclassification of all components of net periodic pension cost and net periodic postretirement benefit cost, other than the service cost component, in our statement of operations from selling, general and administrated expenses, to other non-operating income (expense). We adopted the new standard retrospectively, and as such, all prior period amounts have been reclassified for comparative purposes. Standards that are not yet adopted as of June 30, 2018 Leases In February 2016, the FASB issued ASU 2016-02, Leases, To date, we have taken an inventory of all of our operating leases, which consists primarily of real estate, equipment and auto leases, started our review of key lease agreements including contract reviews for embedded leases, and are currently evaluating lease terms, lease payments and appropriate discount rates to use in calculating the right-of-use asset and lease liability. In addition, we are currently evaluating the transition package of practical expedients permitted within the new standard, which among other things, allows us to use hindsight to determine the reasonably certain lease term for existing leases, and allows for the adoption of the new standard at the effective date without adjusting the comparative prior periods presented. We will be continuously assessing the impact of the new standard and the impact on our systems, processes and controls through January 1, 2019, our planned adoption date. The following table provides a brief description of additional recently issued accounting pronouncements that have not yet been adopted as of June 30, 2018, and that could have an impact on our financial statements: Standard Description Date of adoption Effects on the financial statements or other significant matters ASU Simplifying the Test for Goodwill Impairment This standard is intended to simplify the accounting for goodwill impairment. ASU 2017-04 removes Step 2 of the test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. January 1, 2020, with early adoption permitted The new standard should be applied prospectively. We will consider the new standard when performing our annual impairment test and evaluate when we will adopt the new standard. ASU 2016-13, Financial Instruments – Credit Losses This standard creates a single model to measure impairment on financial assets, which includes trade account receivables. An estimate of expected credit losses on trade account receivables over their contractual life will be required to be recorded at inception, based on historical information, current conditions, and reasonable and supportable forecasts. January 1, 2020, with early adoption permitted The new standard requires adoption through a cumulative-effect adjustment to retained earnings as of the effective date, without adjusting period periods. We do not anticipate that the adoption of this standard will have a material impact on manner in which we estimate our allowance for doubtful accounts on trade accounts receivable, or on our consolidated financial statements.

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2018
Summary of Significant Accounting Policies [Abstract]
Impacts of Adopting ASU 606 on Consolidated Financial Statement	The cumulative effect of the changes made to our consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is as follows (in thousands): Balance at December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 Balance at January 1, 2018 Balance Sheet Unreturned customer inventories $ — $ 19,950 $ 19,950 Accrued customer returns 35,916 6,670 42,586 Accrued core liability 11,899 14,469 26,368 Retained earnings 357,153 (1,189 ) 355,964 The adoption of ASU 2014-09 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Balance Sheet Unreturned customer inventories $ 18,246 $ — $ 18,246 Prepaid expenses and other current assets 16,458 16,733 (275 ) Accrued customer returns 42,536 36,184 6,352 Accrued core liability 26,138 14,123 12,015 Retained earnings 370,461 370,857 (396 ) Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 As Reported Balances Without Adoption of ASU 2014-09 Effect of Change As Reported Balances Without Adoption of ASU 2014-09 Effect of Change Statement of Operations Net sales $ 286,636 $ 286,531 $ 105 $ 548,462 $ 546,009 $ 2,453 Cost of sales 205,347 205,781 (434 ) 394,584 393,199 1,385 Earnings from continuing operations before taxes 22,579 22,040 539 34,223 33,155 1,068 Provision for income taxes 5,752 5,615 137 8,799 8,524 275 Net earnings 15,945 15,543 402 23,934 23,141 793

Net Sales (Tables)

Net Sales (Tables)	6 Months Ended
	Jun. 30, 2018
Net Sales [Abstract]
Disaggregation of Net Sales	The following tables provide disaggregation of net sales information for the three months and six months ended June 30, 2018 and 2017 (in thousands): Three months ended June 30, 2018 (a) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 182,383 $ 74,267 $ — $ 256,650 Canada 7,288 5,516 2,837 15,641 Mexico 4,447 173 — 4,620 Europe 2,406 147 — 2,553 Other foreign 6,905 267 — 7,172 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Major Product Group: Ignition, emissions and fuel system parts $ 162,462 $ — $ 1,191 $ 163,653 Wire and cable 40,967 — 158 41,125 Compressors — 46,940 818 47,758 Other climate control parts — 33,430 670 34,100 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Major Sales Channel: Aftermarket $ 171,864 $ 70,679 $ 2,837 $ 245,380 OE/OES 25,801 9,296 — 35,097 Export 5,764 395 — 6,159 Total $ 203,429 $ 80,370 $ 2,837 $ 286,636 Three months ended June 30, 2017 (a)(b) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 201,142 $ 80,874 $ — $ 282,016 Canada 8,056 5,554 1,989 15,599 Mexico 5,056 208 — 5,264 Europe 3,151 320 — 3,471 Other foreign 5,944 435 — 6,379 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Major Product Group: Ignition, emissions and fuel system parts $ 178,105 $ — $ 840 $ 178,945 Wire and cable 45,244 — 150 45,394 Compressors — 49,644 601 50,245 Other climate control parts — 37,747 398 38,145 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Major Sales Channel: Aftermarket $ 191,846 $ 76,799 $ 1,989 $ 270,634 OE/OES 26,168 9,810 — 35,978 Export 5,335 782 — 6,117 Total $ 223,349 $ 87,391 $ 1,989 $ 312,729 Six months ended June 30, 2018 (a) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 356,967 $ 129,838 $ — $ 486,805 Canada 15,092 9,448 4,944 29,484 Mexico 12,669 385 — 13,054 Europe 5,886 311 — 6,197 Other foreign 12,303 619 — 12,922 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Major Product Group: Ignition, emissions and fuel system parts $ 323,539 $ — $ 2,853 $ 326,392 Wire and cable 79,378 — 349 79,727 Compressors — 76,838 762 77,600 Other climate control parts — 63,763 980 64,743 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Major Sales Channel: Aftermarket $ 341,174 $ 122,309 $ 4,944 $ 468,427 OE/OES 50,857 17,397 — 68,254 Export 10,886 895 — 11,781 Total $ 402,917 $ 140,601 $ 4,944 $ 548,462 Six months ended June 30, 2017 (a)(b) Engine Management Temperature Control Other (c) Total Geographic Area: United States $ 387,044 $ 145,913 $ — $ 532,957 Canada 17,823 9,910 2,763 30,496 Mexico 12,087 432 — 12,519 Europe 6,965 524 — 7,489 Other foreign 10,744 902 — 11,646 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 Major Product Group: Ignition, emissions and fuel system parts $ 343,258 $ — $ 1,564 $ 344,822 Wire and cable 91,405 — 376 91,781 Compressors — 87,545 299 87,844 Other climate control parts — 70,136 524 70,660 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 Major Sales Channel: Aftermarket $ 371,611 $ 138,598 $ 2,763 $ 512,972 OE/OES 52,672 17,799 — 70,471 Export 10,380 1,284 — 11,664 Total $ 434,663 $ 157,681 $ 2,763 $ 595,107 (a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments. (b) Amounts have not been restated and are reported under accounting standards in effect in the period presented as we adopted ASU 2014-09, Revenue from Contracts with Customers (c) Other consists of the elimination of intersegment sales from our Engine Management and Temperature Control segments as well as sales from our Canadian business unit that does not meet the criteria of a reportable operating segment.

Restructuring and Integration27

Restructuring and Integration Expenses (Tables)	6 Months Ended
	Jun. 30, 2018
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Activity, by segment, for the six months ended June 30, 2018 related to our wire and cable relocation program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ 392 $ — $ — $ 392 Restructuring and integration costs: Amounts provided for during 2018 1,392 — — 1,392 Non-cash usage, including asset write-downs (169 ) — — (169 ) Cash payments (1,641 ) — — (1,641 ) Foreign currency exchange rate changes 26 — — 26 Exit activity liability at June 30, 2018 $ — $ — $ — $ —
Plant Rationalization Program [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Activity, by segment, for the six months ended June 30, 2018 related to our plant rationalization program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ — $ 1,476 $ — $ 1,476 Restructuring and integration costs: Amounts provided for during 2018 — 204 — 204 Cash payments — (1,204 ) — (1,204 ) Exit activity liability at June 30 $ — $ 476 $ — $ 476
Orlando Plant Rationalization Program [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Activity, by segment, for the six months ended June 30, 2018 related to our Orlando plant rationalization program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31 $ 986 $ — $ — $ 986 Restructuring and integration costs: Amounts provided for during 2018 1,471 — — 1,471 Non-cash usage, including asset write-downs (12 ) — — (12 ) Cash payments (1,739 ) — — (1,739 ) Exit activity liability at June 30, 2018 $ 706 $ — $ — $ 706
Wire and Cable Relocation [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	The aggregated liabilities included in “sundry payables and accrued expenses” and “other accrued liabilities” in the consolidated balance sheet relating to the restructuring and integration activities as of December 31, 2017 and June 30, 2018 and activity for the six months ended June 30, 2018 consisted of the following (in thousands): Workforce Reduction Other Exit Costs Total Exit activity liability at December 31, 2017 $ 2,854 $ — $ 2,854 Restructuring and integration costs: Amounts provided for during 2018 50 3,017 3,067 Non-cash usage, including asset write-downs — (181 ) (181 ) Cash payments (1,748 ) (2,836 ) (4,584 ) Foreign currency exchange rate changes 26 — 26 Exit activity liability at June 30 $ 1,182 $ — $ 1,182

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventories [Abstract]
Inventories	Inventories, which are stated at the lower of cost (determined by means of the first-in, first-out method) or market, consist of the following: June 30, 2018 December 31, 2017 (In thousands) Finished goods $ 218,000 $ 209,800 Work in process 9,029 7,536 Raw materials 104,424 109,075 Subtotal 331,453 326,411 Unreturned customer inventories (1) 18,246 — Total inventories $ 349,699 $ 326,411 (1) The adoption of ASU 2014-09 using the modified retrospective method resulted in the recording of unreturned customer inventories commencing on January 1, 2018, see Note 2, “Summary of Significant Accounting Policies” for additional information.

Acquired Intangible Assets (Tab

Acquired Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Acquired Intangible Assets [Abstract]
Acquired Identifiable Intangible Assets	Acquired identifiable intangible assets consist of the following: June 30, 2018 December 31, 2017 (In thousands) Customer relationships $ 87,226 $ 87,290 Trademarks and trade names 6,800 6,800 Non-compete agreements 3,192 3,193 Patents 723 723 Supply agreements 800 800 Leaseholds 160 160 Total acquired intangible assets 98,901 98,966 Less accumulated amortization (1) (47,668 ) (43,853 ) Net acquired intangible assets $ 51,233 $ 55,113 (1) Applies to all intangible assets, except for trademarks and trade names totaling $5.2 million, which have indefinite useful lives and, as such, are not being amortized.

Credit Facilities and Long-Te30

Credit Facilities and Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2018
Credit Facilities and Long-Term Debt [Abstract]
Summary of Total Debt Outstanding	Total debt outstanding is summarized as follows: June 30, 2018 December 31, 2017 (In thousands) Revolving credit facilities $ 88,528 $ 57,000 Other (1) 5,203 4,778 Total debt $ 93,731 $ 61,778 Current maturities of debt $ 93,697 $ 61,699 Long-term debt 34 79 Total debt $ 93,731 $ 61,778 (1) Other includes borrowings under our Polish overdraft facility of Zloty 19.1 million (approximately $5.1 million).

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2018
Accumulated Other Comprehensive Income [Abstract]
Changes in Accumulated Other Comprehensive Income	Changes in Accumulated Other Comprehensive Income by Component (in thousands) Three Months Ended June 30, 2018 Foreign Currency Translation Adjustments Unrecognized Postretirement Benefit Costs (Credit) Total Balance at March 31, 2018 $ (2,006 ) $ 111 $ (1,895 ) Other comprehensive income before reclassifications (5,935 ) 7 (5,928 ) Amounts reclassified from accumulated other comprehensive income — (7 ) (7 ) Other comprehensive income, net (5,935 ) — (5,935 ) Balance at June 30, 2018 $ (7,941 ) $ 111 $ (7,830 ) Six Months Ended June 30, 2018 Foreign Currency Translation Adjustments Unrecognized Postretirement Benefit Costs (Credit) Total Balance at December 31, 2017 $ (4,225 ) $ 116 $ (4,109 ) Other comprehensive income before reclassifications (3,716 ) 7 (3,709 ) Amounts reclassified from accumulated other comprehensive income — (12 ) (12 ) Other comprehensive income, net (3,716 ) (5 ) (3,721 ) Balance at June 30 $ (7,941 ) $ 111 $ (7,830 )
Reclassifications out of Accumulated Other Comprehensive Income	Reclassifications Out of Accumulated Other Comprehensive Income (in thousands) Details About Accumulated Other Comprehensive Income Components Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Amortization of postretirement benefit plans: Prior service benefit (1) $ — $ — Unrecognized gain (1) (12 ) (21 ) Total before income tax (12 ) (21 ) Income tax expense 5 9 Total reclassifications for the period $ (7 ) $ (12 ) (1) These accumulated other comprehensive income components are included in the computation of net periodic postretirement benefit costs, which are included in other non-operating income, net in our consolidated statements of operations (see Note 12 for additional details).

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Stock-Based Compensation Plans [Abstract]
Restricted and Performance-based Share Activity	Our restricted and performance-based share activity was as follows for the six months ended June 30, 2018: Shares Weighted Average Grant Date Fair Value Per Share Balance at December 31, 2017 853,958 $ 33.25 Granted 9,129 37.53 Vested (25,845 ) 35.38 Forfeited (3,950 ) 42.82 Balance at June 30, 2018 833,292 $ 33.18

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Jun. 30, 2018
Employee Benefits [Abstract]
Components of Net Periodic Benefit Cost for Postretirement Benefit Plans	The components of net periodic benefit cost for our postretirement benefit plans for the three months and six months ended June 30, 2018 and 2017 were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, Postretirement benefits 2018 2017 (1) 2018 2017 (1) Service cost $ — $ — $ — $ — Interest cost 1 2 3 4 Amortization of prior service cost — — — — Actuarial net gain (12 ) (271 ) (21 ) (330 ) Net periodic benefit cost (credit) $ (11 ) $ (269 ) $ (18 ) $ (326 ) (1) Net periodic benefit cost (credit) has been reclassified from selling, general and administrative expenses to other non-operating income (expense), net on our consolidated statement of operations upon adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Reconciliations of the Earnings Available to Common Stockholders and the Shares used in Calculating Basic and Dilutive Net Earnings per Common Share	The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic Net Earnings Per Common Share: Earnings from continuing operations $ 16,827 $ 18,261 $ 25,424 $ 34,628 Loss from discontinued operations (882 ) (497 ) (1,490 ) (1,130 ) Net earnings available to common stockholders $ 15,945 $ 17,764 $ 23,934 $ 33,498 Weighted average common shares outstanding 22,471 22,820 22,485 22,833 Earnings from continuing operations per common share $ 0.75 $ 0.80 $ 1.13 $ 1.52 Loss from discontinued operations per common share (0.04 ) (0.02 ) (0.07 ) (0.05 ) Basic net earnings per common share $ 0.71 $ 0.78 $ 1.06 $ 1.47 Diluted Net Earnings Per Common Share: Earnings from continuing operations $ 16,827 $ 18,261 $ 25,424 $ 34,628 Loss from discontinued operations (882 ) (497 ) (1,490 ) (1,130 ) Net earnings available to common stockholders $ 15,945 $ 17,764 $ 23,934 $ 33,498 Weighted average common shares outstanding 22,471 22,820 22,485 22,833 Plus incremental shares from assumed conversions: Dilutive effect of restricted stock and performance-based stock 487 509 477 499 Weighted average common shares outstanding – Diluted 22,958 23,329 22,962 23,332 Earnings from continuing operations per common share $ 0.73 $ 0.78 $ 1.11 $ 1.48 Loss from discontinued operations per common share (0.04 ) (0.02 ) (0.07 ) (0.04 ) Diluted net earnings per common share $ 0.69 $ 0.76 $ 1.04 $ 1.44
Anti-dilutive Securities Excluded from Computation of Earnings per Share	The shares listed below were not included in the computation of diluted earnings per share 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 June 30, Six Months Ended June 30, 2018 2017 2018 2017 Restricted and performance-based shares 251 228 265 240

Industry Segments (Tables)

Industry Segments (Tables)	6 Months Ended
	Jun. 30, 2018
Industry Segments [Abstract]
Sales and Operating Income by Operating Segments	The following tables show our net sales, intersegment revenue and operating income by our operating segments (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Net Sales (a) Engine Management $ 203,429 $ 223,349 $ 402,917 $ 434,663 Temperature Control 80,370 87,391 140,601 157,681 All Other 2,837 1,989 4,944 2,763 Consolidated $ 286,636 $ 312,729 $ 548,462 $ 595,107 Intersegment Revenue (a) Engine Management $ 4,981 $ 5,831 $ 10,972 $ 13,143 Temperature Control 2,140 2,095 3,820 4,124 All Other (7,121 ) (7,926 ) (14,792 ) (17,267 ) Consolidated $ — $ — $ — $ — Operating Income Engine Management $ 23,138 $ 26,489 $ 40,514 $ 53,774 Temperature Control 4,882 8,262 5,713 12,229 All Other (4,670 ) (5,352 ) (10,570 ) (11,142 ) Consolidated $ 23,350 $ 29,399 $ 35,657 $ 54,861 a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies [Abstract]
Changes in Product Warranties	The following table provides the changes in our product warranties (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Balance, beginning of period $ 20,560 $ 25,609 $ 20,929 $ 24,072 Liabilities accrued for current year sales 23,136 25,693 44,378 51,423 Settlements of warranty claims (21,991 ) (26,774 ) (43,602 ) (50,967 ) Balance, end of period $ 21,705 $ 24,528 $ 21,705 $ 24,528

Basis of Presentation (Details)

Basis of Presentation (Details)	Jun. 30, 2018
Basis of Presentation [Abstract]
Equity ownership in entities included in consolidated financial statements, minimum	50.00%

Summary of Significant Accoun38

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2018		Jun. 30, 2017	Jun. 30, 2018		Jun. 30, 2017	Dec. 31, 2017
Balance Sheet [Abstract]
Unreturned customer inventories		$ 18,246	[1]		$ 18,246	[1]		$ 0
Prepaid expenses and other current assets		16,458			16,458			12,300
Accrued customer returns		42,536			42,536			35,916
Accrued core liability		26,138			26,138			11,899
Retained earnings		370,461			370,461			357,153
Statement of Operations [Abstract]
Net sales	[2]	286,636		$ 312,729	548,462		$ 595,107
Cost of sales		205,347		222,063	394,584		420,331
Earnings from continuing operations before taxes		22,579		29,687	34,223		55,561
Provision for income taxes		5,752		11,426	8,799		20,933
Net earnings		15,945		$ 17,764	23,934		$ 33,498
ASC 606 [Member]
Balance Sheet [Abstract]
Unreturned customer inventories								19,950
Accrued customer returns								42,586
Accrued core liability								26,368
Retained earnings								355,964
Adjustments Due to Adoption of ASU 2014-09 [Member] | ASC 606 [Member]
Balance Sheet [Abstract]
Unreturned customer inventories		18,246			18,246			19,950
Prepaid expenses and other current assets		(275)			(275)
Accrued customer returns		6,352			6,352			6,670
Accrued core liability		12,015			12,015			14,469
Retained earnings		(396)			(396)			$ (1,189)
Statement of Operations [Abstract]
Net sales		105			2,453
Cost of sales		(434)			1,385
Earnings from continuing operations before taxes		539			1,068
Provision for income taxes		137			275
Net earnings		402			793
Balance Without Adoption of ASU 2014-09 [Member] | ASC 606 [Member]
Balance Sheet [Abstract]
Unreturned customer inventories		0			0
Prepaid expenses and other current assets		16,733			16,733
Accrued customer returns		36,184			36,184
Accrued core liability		14,123			14,123
Retained earnings		370,857			370,857
Statement of Operations [Abstract]
Net sales		286,531			546,009
Cost of sales		205,781			393,199
Earnings from continuing operations before taxes		22,040			33,155
Provision for income taxes		5,615			8,524
Net earnings		$ 15,543			$ 23,141
[1]	The adoption of ASU 2014-09 using the modified retrospective method resulted in the recording of unreturned customer inventories commencing on January 1, 2018, see Note 2, "Summary of Significant Accounting Policies" for additional information.
[2]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

Net Sales (Details)

Net Sales (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	[2]	Jun. 30, 2018	Jun. 30, 2017	[2]
Product Warranty and Overstock Returns [Abstract]
Product warranty period					90 days
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	$ 286,636	$ 312,729		$ 548,462	$ 595,107
Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	245,380	270,634		468,427	512,972
OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	35,097	35,978		68,254	70,471
Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	6,159	6,117		11,781	11,664
Ignition, Emissions and Fuel System Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	163,653	178,945		326,392	344,822
Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	41,125	45,394		79,727	91,781
Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	47,758	50,245		77,600	87,844
Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	34,100	38,145		64,743	70,660
United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	256,650	282,016		486,805	532,957
Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	15,641	15,599		29,484	30,496
Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	4,620	5,264		13,054	12,519
Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	2,553	3,471		6,197	7,489
Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	7,172	6,379		12,922	11,646
Engine Management [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	203,429	223,349		402,917	434,663
Engine Management [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	171,864	191,846		341,174	371,611
Engine Management [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	25,801	26,168		50,857	52,672
Engine Management [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,764	5,335		10,886	10,380
Engine Management [Member] | Ignition, Emissions and Fuel System Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	162,462	178,105		323,539	343,258
Engine Management [Member] | Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	40,967	45,244		79,378	91,405
Engine Management [Member] | Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	0	0		0	0
Engine Management [Member] | Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	0	0		0	0
Engine Management [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	182,383	201,142		356,967	387,044
Engine Management [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	7,288	8,056		15,092	17,823
Engine Management [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	4,447	5,056		12,669	12,087
Engine Management [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	2,406	3,151		5,886	6,965
Engine Management [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	6,905	5,944		12,303	10,744
Temperature Control [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	80,370	87,391		140,601	157,681
Temperature Control [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	70,679	76,799		122,309	138,598
Temperature Control [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	9,296	9,810		17,397	17,799
Temperature Control [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	395	782		895	1,284
Temperature Control [Member] | Ignition, Emissions and Fuel System Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	0	0		0	0
Temperature Control [Member] | Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	0	0		0	0
Temperature Control [Member] | Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	46,940	49,644		76,838	87,545
Temperature Control [Member] | Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	33,430	37,747		63,763	70,136
Temperature Control [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	74,267	80,874		129,838	145,913
Temperature Control [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,516	5,554		9,448	9,910
Temperature Control [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	173	208		385	432
Temperature Control [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	147	320		311	524
Temperature Control [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	267	435		619	902
Other [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	2,837	1,989		4,944	2,763
Other [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	2,837	1,989		4,944	2,763
Other [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	0	0		0	0
Other [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	0	0		0	0
Other [Member] | Ignition, Emissions and Fuel System Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	1,191	840		2,853	1,564
Other [Member] | Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	158	150		349	376
Other [Member] | Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	818	601		762	299
Other [Member] | Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	670	398		980	524
Other [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	0	0		0	0
Other [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	2,837	1,989		4,944	2,763
Other [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	0	0		0	0
Other [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	0	0		0	0
Other [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[3]	$ 0	$ 0		$ 0	$ 0
[1]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.
[2]	Amounts have not been restated and are reported under accounting standards in effect in the period presented as we adopted ASU 2014-09, Revenue from Contracts with Customers, using the modified retrospective method.
[3]	Other consists of the elimination of intersegment sales from our Engine Management and Temperature Control segments as well as sales from our Canadian business unit that does not meet the criteria of a reportable operating segment.

Business Acquisitions and Inv40

Business Acquisitions and Investments (Details) $ in Millions	1 Months Ended	6 Months Ended	12 Months Ended
	Jan. 31, 2018USD ($)	Jun. 30, 2018USD ($)Installment	Dec. 31, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2018CNY (¥)	Nov. 30, 2017USD ($)	Apr. 30, 2014USD ($)
Foshan GWO YNG SMP Vehicle Climate Control & Cooling Products Co. Ltd. [Member]
Business Combination, Description [Abstract]
Percentage of equity interest acquired		65.00%		15.00%	15.00%		50.00%
Equity in joint ventures				$ 4.2	¥ 26,475,583		$ 14
Purchase price		$ 2.8
Number of cash installments | Installment		6
Foshan Guangdong Automotive Air Conditioning Co., Ltd [Member]
Business Combination, Description [Abstract]
Percentage of equity interest acquired						50.00%
Equity in joint ventures						$ 12.5
Purchase price	$ 5.7		$ 6.8

Restructuring and Integration41

Restructuring and Integration Expenses (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	$ 2,854
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	3,067
Non-cash usage, including asset write-downs	(181)
Cash payments	(4,584)
Foreign currency exchange rate changes	26
Exit activity liability, end of period	1,182
Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	1,476
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	204
Cash payments	(1,204)
Exit activity liability, end of period	476
Orlando Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	986
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	1,471
Non-cash usage, including asset write-downs	(12)
Cash payments	(1,739)
Exit activity liability, end of period	706
Wire and Cable Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	392
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	1,392
Non-cash usage, including asset write-downs	(169)
Cash payments	(1,641)
Foreign currency exchange rate changes	26
Exit activity liability, end of period	0
Workforce Reduction [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	2,854
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	50
Non-cash usage, including asset write-downs	0
Cash payments	(1,748)
Foreign currency exchange rate changes	26
Exit activity liability, end of period	1,182
Other Exit Costs [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	3,017
Non-cash usage, including asset write-downs	(181)
Cash payments	(2,836)
Foreign currency exchange rate changes	0
Exit activity liability, end of period	0
Engine Management [Member] | Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Cash payments	0
Exit activity liability, end of period	0
Engine Management [Member] | Orlando Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	986
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	1,471
Non-cash usage, including asset write-downs	(12)
Cash payments	(1,739)
Exit activity liability, end of period	706
Engine Management [Member] | Wire and Cable Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	392
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	1,392
Non-cash usage, including asset write-downs	(169)
Cash payments	(1,641)
Foreign currency exchange rate changes	26
Exit activity liability, end of period	0
Temperature Control [Member] | Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	1,476
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	204
Cash payments	(1,204)
Exit activity liability, end of period	476
Temperature Control [Member] | Orlando Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Non-cash usage, including asset write-downs	0
Cash payments	0
Exit activity liability, end of period	0
Temperature Control [Member] | Wire and Cable Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Non-cash usage, including asset write-downs	0
Cash payments	0
Foreign currency exchange rate changes	0
Exit activity liability, end of period	0
Other [Member] | Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Cash payments	0
Exit activity liability, end of period	0
Other [Member] | Orlando Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Non-cash usage, including asset write-downs	0
Cash payments	0
Exit activity liability, end of period	0
Other [Member] | Wire and Cable Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2018	0
Non-cash usage, including asset write-downs	0
Cash payments	0
Foreign currency exchange rate changes	0
Exit activity liability, end of period	$ 0

Sale of Receivables (Details)

Sale of Receivables (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Sale of Receivables [Abstract]
Sale of receivables to financial institutions	$ 184.1	$ 224.3	$ 341.6	$ 404.1
Charge related to sale of receivables	$ 6.3	$ 6.4	$ 11.7	$ 11.6

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018		Dec. 31, 2017
Inventories [Abstract]
Finished goods	$ 218,000		$ 209,800
Work in process	9,029		7,536
Raw materials	104,424		109,075
Subtotal	331,453		326,411
Unreturned customer inventories	18,246	[1]	0
Total inventories	$ 349,699		$ 326,411
[1]	The adoption of ASU 2014-09 using the modified retrospective method resulted in the recording of unreturned customer inventories commencing on January 1, 2018, see Note 2, "Summary of Significant Accounting Policies" for additional information.

Acquired Intangible Assets (Det

Acquired Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		$ 98,901		$ 98,901		$ 98,966
Less accumulated amortization	[1]	(47,668)		(47,668)		(43,853)
Net acquired intangible assets		51,233		51,233		55,113
Amortization of acquired intangible assets [Abstract]
Amortization expense		1,900	$ 2,100	3,800	$ 4,200
Estimated amortization expense, remainder of 2018		3,700		3,700
Estimated amortization expense in year 2019		6,300		6,300
Estimated amortization expense in year 2020		5,900		5,900
Estimated amortization expense in year 2021		4,600		4,600
Estimated amortization expense in years 2022 through 2031		25,500		25,500
Customer Relationships [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		87,226		87,226		87,290
Trademarks and Trade Names [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		6,800		6,800		6,800
Intangible assets acquired [Abstract]
Amount of acquired indefinite-lived intangible assets		5,200		5,200
Non-compete Agreements [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		3,192		3,192		3,193
Patents [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		723		723		723
Supply Agreements [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		800		800		800
Leaseholds [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		$ 160		$ 160		$ 160
[1]	Applies to all intangible assets, except for trademarks and trade names totaling $5.2 million, which have indefinite useful lives and, as such, are not being amortized.

Credit Facilities and Long-Te45

Credit Facilities and Long-Term Debt, Total Debt Outstanding (Details) $ in Thousands, zł in Millions		Jun. 30, 2018USD ($)	Jun. 30, 2018PLN (zł)	Dec. 31, 2017USD ($)
Credit Facilities and Long-Term Debt [Abstract]
Revolving credit facilities		$ 88,528		$ 57,000
Other	[1]	5,203		4,778
Total debt		93,731		61,778
Current maturities of debt		93,697		61,699
Long-term debt		34		$ 79
HSBC Bank Polska S.A. [Member]
Line of Credit Facility [Abstract]
Overdraft facility		$ 5,100	zł 19.1
[1]	Other includes borrowings under our Polish overdraft facility of Zloty 19.1 million (approximately $5.1 million).

Credit Facilities and Long-Te46

Credit Facilities and Long-Term Debt, Revolving Credit Facility (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Fixed Assets Not Included in Borrowing Base [Member] | Maximum [Member]
Line of Credit Facility [Abstract]
Borrowing base	$ 25,000
Borrowing base percentage	10.00%
Fixed Assets Included in Borrowing Base [Member]
Line of Credit Facility [Abstract]
Borrowing base	$ 31,250
Borrowing base percentage	12.50%
JPMorgan Chase Bank Credit Agreement [Member]
Line of Credit Facility [Abstract]
Maximum borrowing capacity	$ 250,000
Line of credit facility, additional borrowing capacity	$ 50,000
Maturity date	Oct. 31, 2020
Additional available borrowing capacity	$ 158,300
Outstanding borrowings under credit facility	$ 88,500		$ 57,000
Weighted average interest rate	3.50%		2.70%
JPMorgan Chase Bank Credit Agreement [Member] | LIBOR [Member] | Minimum [Member]
Line of Credit Facility [Abstract]
Margin on variable rate	1.25%
JPMorgan Chase Bank Credit Agreement [Member] | LIBOR [Member] | Maximum [Member]
Line of Credit Facility [Abstract]
Margin on variable rate	1.75%
JPMorgan Chase Bank Credit Agreement [Member] | Alternate Base Rate [Member]
Line of Credit Facility [Abstract]
Outstanding borrowings under credit facility	$ 8,500
Weighted average interest rate	5.30%
Average daily loan balance outstanding	$ 1,900	$ 5,200	$ 3,800
JPMorgan Chase Bank Credit Agreement [Member] | Alternate Base Rate [Member] | Minimum [Member]
Line of Credit Facility [Abstract]
Margin on variable rate	0.25%
JPMorgan Chase Bank Credit Agreement [Member] | Alternate Base Rate [Member] | Maximum [Member]
Line of Credit Facility [Abstract]
Margin on variable rate	0.75%
JPMorgan Chase Bank Credit Agreement [Member] | Direct Borrowings [Member]
Line of Credit Facility [Abstract]
Outstanding borrowings under credit facility	$ 80,000		$ 57,000
Weighted average interest rate	3.30%
Line of Credit [Member]
Line of Credit Facility [Abstract]
Coverage ratio	1
Line of Credit [Member] | Pay Cash Dividend [Member]
Line of Credit Facility [Abstract]
Agreement permissions	$ 20,000
Line of Credit [Member] | Stock Repurchase [Member]
Line of Credit Facility [Abstract]
Agreement permissions	20,000
Line of Credit [Member] | Stock Repurchase [Member] | Minimum [Member]
Line of Credit Facility [Abstract]
Borrowing base	25,000
Line of Credit [Member] | The Credit Agreement Also Permits Acquisitions, Permissible Debt, Cash Dividend Payments And Stock Repurchases [Member] | Minimum [Member]
Line of Credit Facility [Abstract]
Agreement permissions	20,000
Line of Credit [Member] | Canada [Member]
Line of Credit Facility [Abstract]
Maximum borrowing capacity	$ 10,000

Credit Facilities and Long-Te47

Credit Facilities and Long-Term Debt, Polish Overdraft Facility (Details) - HSBC Bank Polska S.A. [Member] zł in Millions, $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Jun. 30, 2018PLN (zł)	Dec. 31, 2017PLN (zł)
Line of Credit Facility [Abstract]
Maximum borrowing capacity		$ 8		zł 30
Overdraft facility expiration date	Dec. 31, 2018
Overdraft facility	$ 5.1		zł 19.1
1M WIBOR [Member]
Line of Credit Facility [Abstract]
Basis spread on variable rate		0.75%

Credit Facilities and Long-Te48

Credit Facilities and Long-Term Debt, Deferred Financing Costs (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Deferred Financing Costs [Abstract]
Deferred financing costs	$ 0.8	$ 1
Amortization of financing costs reminder of 2018	0.2
2,019	0.3
2,020	$ 0.3

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Changes in accumulated other comprehensive income [Roll Forward]
Balance at beginning of period			$ 453,654
Other comprehensive income before reclassifications	$ (5,928)		(3,709)
Amounts reclassified from accumulated other comprehensive income	(7)		(12)
Total other comprehensive income (loss), net of tax	(5,935)	$ 2,853	(3,721)	$ 5,541
Balance at end of period	462,370		462,370
AOCI Attributable to Parent [Member]
Changes in accumulated other comprehensive income [Roll Forward]
Balance at beginning of period	(1,895)		(4,109)
Total other comprehensive income (loss), net of tax			(3,721)
Balance at end of period	(7,830)		(7,830)
Foreign Currency Translation Adjustments [Member]
Changes in accumulated other comprehensive income [Roll Forward]
Balance at beginning of period	(2,006)		(4,225)
Other comprehensive income before reclassifications	(5,935)		(3,716)
Amounts reclassified from accumulated other comprehensive income	0		0
Total other comprehensive income (loss), net of tax	(5,935)		(3,716)
Balance at end of period	(7,941)		(7,941)
Unrecognized Postretirement Benefit Costs (Credit) [Member]
Changes in accumulated other comprehensive income [Roll Forward]
Balance at beginning of period	111		116
Other comprehensive income before reclassifications	7		7
Amounts reclassified from accumulated other comprehensive income	(7)		(12)
Total other comprehensive income (loss), net of tax	0		(5)
Balance at end of period	$ 111		$ 111

Accumulated Other Comprehensi50

Accumulated Other Comprehensive Income, Reclassified (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Amortization of postretirement benefit plans [Abstract]
Unrecognized gain		$ (12)	$ (271)	$ (21)	$ (330)
Income tax expense		0	$ (81)	4	$ (57)
Total reclassifications for the period		(7)		(12)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Amortization of postretirement benefit plans [Abstract]
Prior service benefit	[1]	0		0
Unrecognized gain	[1]	(12)		(21)
Total before income tax		(12)		(21)
Income tax expense		5		9
Total reclassifications for the period		$ (7)		$ (12)
[1]	These accumulated other comprehensive income components are included in the computation of net periodic postretirement benefit costs, which are included in other non-operating income, net in our consolidated statements of operations (see Note 12 for additional details).

Stock-Based Compensation Plan51

Stock-Based Compensation Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Additional Disclosures [Abstract]
Compensation expense, gross	$ 3,896	$ 4,005
Performance-based Shares [Member]
Restricted and Performance Stock Grants [Abstract]
Measuring period for performance-based shares	3 years
Restricted Shares [Member] | Employees [Member]
Restricted and Performance Stock Grants [Abstract]
Estimated forfeitures	5.00%
Restricted Shares [Member] | Executives [Member]
Restricted and Performance Stock Grants [Abstract]
Estimated forfeitures	0.00%
Restricted Shares [Member] | Directors [Member]
Restricted and Performance Stock Grants [Abstract]
Estimated forfeitures	0.00%
Restricted Shares [Member] | Age 60 [Member]
Restricted and Performance Stock Grants [Abstract]
Vesting percentage	25.00%
Restricted Shares [Member] | Age 63 [Member]
Restricted and Performance Stock Grants [Abstract]
Vesting percentage	25.00%
Restricted Shares [Member] | Age 65 [Member]
Restricted and Performance Stock Grants [Abstract]
Vesting percentage	100.00%
Restricted and Performance-Based Shares [Member]
Restricted and performance-based stock, shares [Roll Forward]
Beginning of period (in shares)	853,958
Granted (in shares)	9,129
Vested (in shares)	(25,845)
Forfeited (in shares)	(3,950)
End of period (in shares)	833,292
Restricted and performance-based stock, weighted average grant date fair value per share [Roll Forward]
Beginning of period (in dollars per share)	$ 33.25
Granted (in dollars per share)	37.53
Vested (in dollars per share)	35.38
Forfeited (in dollars per share)	42.82
End of period (in dollars per share)	$ 33.18
Additional Disclosures [Abstract]
Compensation expense, gross	$ 3,300	3,500
Compensation expense, net of tax	2,500	$ 2,200
Unamortized compensation expense	$ 12,800
Restricted and Performance-Based Shares [Member] | Employees [Member]
Additional Disclosures [Abstract]
Weighted average period of recognition for unrecognized compensation expense	4 years 2 months 12 days
Restricted and Performance-Based Shares [Member] | Directors [Member]
Additional Disclosures [Abstract]
Weighted average period of recognition for unrecognized compensation expense	9 months 18 days
Restricted and Performance-Based Shares [Member] | Executives and Directors [Member]
Restricted and Performance Stock Grants [Abstract]
Expiration of vesting period	3 years
Restricted and Performance-Based Shares [Member] | Executives and Directors [Member] | Minimum [Member]
Restricted and Performance Stock Grants [Abstract]
Post vesting holding period for restricted and performance shares issued	1 year
Restricted and Performance-Based Shares [Member] | Executives and Directors [Member] | Maximum [Member]
Restricted and Performance Stock Grants [Abstract]
Post vesting holding period for restricted and performance shares issued	2 years

Employee Benefits (Details)

Employee Benefits (Details) $ in Thousands	1 Months Ended	3 Months Ended			6 Months Ended
	Mar. 31, 2018USD ($)	Jun. 30, 2018USD ($)shares	Jun. 30, 2017USD ($)	[1]	Jun. 30, 2018USD ($)Employeeshares	Jun. 30, 2017USD ($)	[1]
Benefit Plan [Abstract]
Number of former union employees not covered under plan | Employee					20
Postretirement Benefits [Member]
Net Periodic benefit costs related to retirement plans [Abstract]
Service cost		$ 0	$ 0		$ 0	$ 0
Interest cost		1	2		3	4
Amortization of prior service cost		0	0		0	0
Actuarial net gain		(12)	(271)		(21)	(330)
Net periodic benefit cost (credit)		$ (11)	$ (269)		$ (18)	$ (326)
Supplemental Executive Retirement Plan [Member]
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]
Employer discretionary contribution amount	$ 600
Employee Stock Ownership Plan and Trust (ESOP) [Member]
Employee Stock Ownership Plan (ESOP), Debt Structure [Abstract]
Additional shares contributed to ESOP (in shares) | shares					53,300
Shares released from trust (in shares) | shares		53,300			53,300
Total remaining balance of shares in the ESOP (in shares) | shares		200			200
[1]	Net periodic benefit cost (credit) has been reclassified from selling, general and administrative expenses to other non-operating income (expense), net on our consolidated statement of operations upon adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, see Note 2, "Summary of Significant Accounting Policies" for additional information.

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Basic Net Earnings Per Common Share [Abstract]
Earnings from continuing operations	$ 16,827	$ 18,261	$ 25,424	$ 34,628
Loss from discontinued operations	(882)	(497)	(1,490)	(1,130)
Net earnings available to common stockholders	$ 15,945	$ 17,764	$ 23,934	$ 33,498
Weighted average common shares outstanding (in shares)	22,471,428	22,820,079	22,484,894	22,833,263
Earnings from continuing operations per common share (in dollars per share)	$ 0.75	$ 0.80	$ 1.13	$ 1.52
Loss from discontinued operations per common share (in dollars per share)	(0.04)	(0.02)	(0.07)	(0.05)
Net earnings per common share - Basic (in dollars per share)	$ 0.71	$ 0.78	$ 1.06	$ 1.47
Diluted Net Earnings Per Common Share [Abstract]
Earnings from continuing operations	$ 16,827	$ 18,261	$ 25,424	$ 34,628
Loss from discontinued operations	(882)	(497)	(1,490)	(1,130)
Net earnings available to common stockholders	$ 15,945	$ 17,764	$ 23,934	$ 33,498
Weighted average common shares outstanding (in shares)	22,471,428	22,820,079	22,484,894	22,833,263
Plus incremental shares from assumed conversions [Abstract]
Dilutive effect of restricted stock and performance-based stock (in shares)	487,000	509,000	477,000	499,000
Weighted average common shares outstanding - Diluted (in shares)	22,958,469	23,329,082	22,962,049	23,332,480
Earnings from continuing operations per common share (in dollars per share)	$ 0.73	$ 0.78	$ 1.11	$ 1.48
Loss from discontinued operations per common share (in dollars per share)	(0.04)	(0.02)	(0.07)	(0.04)
Net earnings per common share - Diluted (in dollars per share)	$ 0.69	$ 0.76	$ 1.04	$ 1.44
Restricted and Performance-Based Shares [Member]
Earnings Per Share, Diluted, Other Disclosures [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	251,000	228,000	265,000	240,000

Industry Segments (Details)

Industry Segments (Details) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)Segment	Jun. 30, 2017USD ($)
Segment Reporting Information, Profit (Loss) [Abstract]
Number of reportable operating segments | Segment				2
Net Sales	[1]	$ 286,636	$ 312,729	$ 548,462	$ 595,107
Operating Income		23,350	29,399	35,657	54,861
Intersegment Eliminations [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	0	0	0	0
Engine Management [Member] | Reportable Segments [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	203,429	223,349	402,917	434,663
Operating Income		23,138	26,489	40,514	53,774
Engine Management [Member] | Intersegment Eliminations [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	4,981	5,831	10,972	13,143
Temperature Control [Member] | Reportable Segments [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	80,370	87,391	140,601	157,681
Operating Income		4,882	8,262	5,713	12,229
Temperature Control [Member] | Intersegment Eliminations [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	2,140	2,095	3,820	4,124
All Other [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	2,837	1,989	4,944	2,763
Operating Income		(4,670)	(5,352)	(10,570)	(11,142)
All Other [Member] | Intersegment Eliminations [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net Sales	[1]	$ (7,121)	$ (7,926)	$ (14,792)	$ (17,267)
[1]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

Commitments and Contingencies55

Commitments and Contingencies (Details) $ in Thousands	3 Months Ended		6 Months Ended		202 Months Ended
	Jun. 30, 2018USD ($)Claim	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)Claim	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)Claim
Changes in product warranties [Roll forward]
Balance, beginning of period	$ 20,560	$ 25,609	$ 20,929	$ 24,072
Liabilities accrued for current year sales	23,136	25,693	44,378	51,423
Settlements of warranty claims	(21,991)	(26,774)	(43,602)	(50,967)
Balance, end of period	$ 21,705	$ 24,528	$ 21,705	$ 24,528	$ 21,705
Asbestos [Member]
Contingencies [Abstract]
Pending claims, approximate number | Claim	1,550		1,550		1,550
Payment for settled claims					$ 24,800
Increase from low end of range			$ 4,200
Increase from high end of range			6,300
Asbestos [Member] | Minimum [Member]
Contingencies [Abstract]
Range of possible loss	$ 35,200		35,200		35,200
Asbestos [Member] | Maximum [Member]
Contingencies [Abstract]
Range of possible loss	54,000		54,000		54,000
Asbestos [Member] | Discontinued Operations [Member]
Contingencies [Abstract]
Incremental pre-tax provision			6,000
Asbestos [Member] | Discontinued Operations [Member] | Minimum [Member]
Contingencies [Abstract]
Range of possible loss	44,300		44,300		44,300
Asbestos [Member] | Discontinued Operations [Member] | Maximum [Member]
Contingencies [Abstract]
Range of possible loss	$ 79,600		$ 79,600		$ 79,600