Standard Motor Products (SMP) 10-Q 31 Oct 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 28, 2019
Cover [Abstract]
Entity Registrant Name	STANDARD MOTOR PRODUCTS, INC.
Entity Central Index Key	0000093389
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		22,456,467
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-04743
Entity Tax Identification Number	11-1362020
Entity Incorporation, State or Country Code	NY
Entity Address, Address Line One	37-18 Northern Blvd.
Entity Address, City or Town	Long Island City
Entity Address, State or Province	NY
Entity Address, Country	US
Entity Address, Postal Zip Code	11101
City Area Code	718
Local Phone Number	392-0200
Title of 12(b) Security	Common Stock, par value $2.00 per share
Trading Symbol	SMP
Security Exchange Name	NYSE

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]
Net sales	[1]	$ 307,723	$ 296,619	$ 896,661	$ 845,081
Cost of sales		215,635	209,313	637,705	603,897
Gross profit		92,088	87,306	258,956	241,184
Selling, general and administrative expenses		59,947	60,137	180,483	175,604
Restructuring and integration expenses		825	6	1,469	3,073
Other income (expense), net		(12)	15	(15)	328
Operating income		31,304	27,178	76,989	62,835
Other non-operating income, net		225	351	2,282	800
Interest expense		1,508	1,254	4,319	3,137
Earnings from continuing operations before taxes		30,021	26,275	74,952	60,498
Provision for income taxes		7,367	7,002	18,639	15,801
Earnings from continuing operations		22,654	19,273	56,313	44,697
Loss from discontinued operations, net of income taxes		(7,903)	(3,524)	(9,914)	(5,014)
Net earnings		$ 14,751	$ 15,749	$ 46,399	$ 39,683
Net earnings per common share - Basic:
Earnings from continuing operations (in dollars per share)		$ 1.01	$ 0.86	$ 2.52	$ 1.99
Discontinued operations (in dollars per share)		(0.35)	(0.16)	(0.44)	(0.22)
Net earnings per common share - Basic (in dollars per share)		0.66	0.70	2.08	1.77
Net earnings per common share - Diluted:
Earnings from continuing operations (in dollars per share)		1	0.84	2.47	1.95
Discontinued operations (in dollars per share)		(0.35)	(0.15)	(0.44)	(0.22)
Net earnings per common share - Diluted (in dollars per share)		0.65	0.69	2.03	1.73
Dividends declared per share (in dollars per share)		$ 0.23	$ 0.21	$ 0.69	$ 0.63
Average number of common shares (in shares)		22,329,835	22,424,962	22,359,637	22,464,697
Average number of common shares and dilutive common shares (in shares)		22,754,440	22,938,925	22,814,228	22,954,649
[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		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]
Net earnings	$ 14,751	$ 15,749	$ 46,399	$ 39,683
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(2,720)	719	(1,627)	(2,997)
Pension and postretirement plans	(5)	(6)	(15)	(11)
Total other comprehensive income (loss), net of tax	(2,725)	713	(1,642)	(3,008)
Comprehensive income	$ 12,026	$ 16,462	$ 44,757	$ 36,675

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 13,259	$ 11,138
Accounts receivable, less allowances for discounts and doubtful accounts of $6,001 and $5,687 for 2019 and 2018, respectively	168,968	157,535
Inventories	340,231	349,811
Unreturned customer inventories	20,325	20,484
Prepaid expenses and other current assets	14,273	7,256
Total current assets	557,056	546,224
Property, plant and equipment, net of accumulated depreciation of $194,410 and $186,135 for 2019 and 2018, respectively	88,835	90,754
Operating lease right-of-use assets	34,055	0
Goodwill	77,664	67,321
Other intangibles, net	66,857	48,411
Deferred income taxes	39,105	42,334
Investments in unconsolidated affiliates	39,030	32,469
Other assets	18,081	15,619
Total assets	920,683	843,132
CURRENT LIABILITIES:
Notes payable	78,211	43,689
Current portion of other debt	5,225	5,377
Accounts payable	71,139	94,357
Sundry payables and accrued expenses	36,326	31,033
Accrued customer returns	53,984	57,433
Accrued core liability	26,045	31,263
Accrued rebates	31,140	28,870
Payroll and commissions	27,590	20,564
Total current liabilities	329,660	312,586
Long-term debt	132	153
Noncurrent operating lease liabilities	27,214	0
Other accrued liabilities	19,731	18,075
Accrued asbestos liabilities	49,894	45,117
Total liabilities	426,631	375,931
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	106,043	102,470
Retained earnings	411,083	380,113
Accumulated other comprehensive income	(11,236)	(9,594)
Treasury stock - at cost (1,597,342 shares and 1,503,284 shares in 2019 and 2018, respectively)	(59,710)	(53,660)
Total stockholders' equity	494,052	467,201
Total liabilities and stockholders' equity	$ 920,683	$ 843,132

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
CURRENT ASSETS:
Accounts receivable, allowances for discounts and doubtful accounts	$ 6,001	$ 5,687
Property, plant and equipment, accumulated depreciation	$ 194,410	$ 186,135
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)	1,597,342	1,503,284

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$ 46,399	$ 39,683
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	19,261	17,745
Amortization of deferred financing cost	169	258
Increase to allowance for doubtful accounts	301	40
Increase to inventory reserves	3,006	2,753
Amortization of deferred gain on sale of building	0	(218)
Equity income from joint ventures	(2,630)	(603)
Employee stock ownership plan allocation	1,889	1,918
Stock-based compensation	5,742	5,614
Decrease (increase) in deferred income taxes	3,232	(2,556)
Loss on discontinued operations, net of tax	9,914	5,014
Change in assets and liabilities:
Increase in accounts receivable	(16,583)	(23,428)
Decrease in inventories	11,824	2,761
(Increase) decrease in prepaid expenses and other current assets	(6,502)	1,202
(Decrease) increase in accounts payable	(24,107)	5,193
(Decrease) increase in sundry payables and accrued expenses	(2,551)	12,828
Net change in other assets and liabilities	(6,260)	(619)
Net cash provided by operating activities	43,104	67,585
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions of and investments in businesses	(43,490)	(9,852)
Net proceeds from sale of Grapevine, Texas facility	4,801	0
Capital expenditures	(12,329)	(15,633)
Other investing activities	47	37
Net cash used in investing activities	(50,971)	(25,448)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net borrowings (payments) under line-of-credit agreements	34,523	(12,000)
Net borrowings of other debt and capital lease obligations	133	1,463
Purchase of treasury stock	(10,738)	(9,271)
Increase in overdraft balances	1,109	1,382
Dividends paid	(15,429)	(14,144)
Net cash provided by (used in) financing activities	9,598	(32,570)
Effect of exchange rate changes on cash	390	431
Net increase in cash and cash equivalents	2,121	9,998
CASH AND CASH EQUIVALENTS at beginning of period	11,138	17,323
CASH AND CASH EQUIVALENTS at end of period	13,259	27,321
Cash paid during the period for:
Interest	4,083	2,896
Income taxes	$ 18,114	$ 11,829

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 | 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		39,683		0		0		39,683
Other comprehensive income (loss), net of tax	0		0		0		(3,008)		0		(3,008)
Cash dividends paid	0		0		(14,144)		0		0		(14,144)
Purchase of treasury stock	0		0		0		0		(9,115)		(9,115)
Stock-based compensation	0		4,054		0		0				5,614
Stock-based compensation									1,560
Employee stock ownership plan	0		765		0		0				2,557
Employee stock ownership plan									1,792
Balance at end of period at Sep. 30, 2018	47,872		104,876		381,503		(7,117)		(53,082)		474,052
Balance at beginning of period at Jun. 30, 2018	47,872		103,403		370,461		(7,830)		(51,536)		462,370
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0		0		15,749		0		0		15,749
Other comprehensive income (loss), net of tax	0		0		0		713		0		713
Cash dividends paid	0		0		(4,707)		0		0		(4,707)
Purchase of treasury stock	0		0		0		0		(1,791)		(1,791)
Stock-based compensation	0		1,473		0		0				1,718
Stock-based compensation									245
Balance at end of period at Sep. 30, 2018	47,872		104,876		381,503		(7,117)		(53,082)		474,052
Balance at beginning of period at Dec. 31, 2018	47,872		102,470		380,113		(9,594)		(53,660)		467,201
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0		0		46,399		0		0		46,399
Other comprehensive income (loss), net of tax	0		0		0		(1,642)		0		(1,642)
Cash dividends paid	0		0		(15,429)		0		0		(15,429)
Purchase of treasury stock	0		0		0		0		(10,738)		(10,738)
Stock-based compensation	0		2,828		0		0				5,742
Stock-based compensation									2,914
Employee stock ownership plan	0		745		0		0				2,519
Employee stock ownership plan									1,774
Balance at end of period at Sep. 30, 2019	47,872		106,043		411,083		(11,236)		(59,710)		494,052
Balance at beginning of period at Jun. 30, 2019	47,872		105,347		401,465		(8,511)		(60,908)		485,265
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0		0		14,751		0		0		14,751
Other comprehensive income (loss), net of tax	0		0		0		(2,725)		0		(2,725)
Cash dividends paid	0		0		(5,133)		0		0		(5,133)
Stock-based compensation	0		696		0		0				1,894
Stock-based compensation									1,198
Balance at end of period at Sep. 30, 2019	$ 47,872		$ 106,043		$ 411,083		$ (11,236)		$ (59,710)		$ 494,052

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
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 premium replacement parts for motor vehicles in the automotive aftermarket industry with a complementary focus on the heavy duty, industrial equipment and original equipment markets. 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, 2018. 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.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
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, cash discounts, valuation of inventory, valuation of long-lived assets, goodwill and other intangible assets, depreciation and amortization of long-lived assets, product liability exposures, asbestos, environmental and litigation matters, valuation of deferred tax assets, share based compensation and sales returns and other allowances. There have been no material changes to our critical accounting policies and estimates from the information provided in Note 1 of the notes to our consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2018, except for changes made as a result of the adoption of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASU”) 2016-02, Leases, Recently Issued Accounting Pronouncements Standards that were adopted Leases Effective January 1, 2019, we adopted ASU 2016-02, Leases, In adopting ASU 2016-02, we elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed us to carry forward our historical lease identification and lease classifications. In addition, upon adoption, we evaluated all of our leases, and in particular our real estate leases, to determine the appropriate lease term. In evaluating our leases, we determined that the lease term for one of our leases should be lengthened, as we concluded that it is reasonably certain that we will exercise the five-year renewal option in the lease. The lease term for all of our other leases remained unchanged. Additionally, we elected to apply the provisions of ASU 2018-11, Targeted Improvements Adoption of the new standard resulted in the following changes in our consolidated balance sheet as of January 1, 2019 (in thousands): Balance at December 31, 2018 Adjustments Due to Adoption of ASU 2016-02 Balance at January 1, 2019 Balance Sheet Operating lease right-of-use asset $ — $ 38,580 $ 38,580 Sundry payables and accrued expenses 31,033 7,232 38,265 Noncurrent operating lease liabilities — 31,348 31,348 See Note 3 for further information regarding our adoption of ASU 2016-02. Standards that are not yet adopted as of September 30, 2019 The following table provides a brief description of recently issued accounting pronouncements that have not yet been adopted as of September 30, 2019, 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 2017-04, 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 will be applied prospectively. We do not anticipate that the adoption of this standard will have a material impact when performing our annual impairment test. ASU 2016-13, Financial Instruments – Credit Losses This standard creates a single model to measure impairment on financial assets, which includes trade accounts receivable. An estimate of expected credit losses on trade accounts receivable 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 We do not anticipate that the adoption of this standard will have a material impact on the manner in which we estimate our allowance for doubtful accounts on trade accounts receivable, or on our consolidated financial statements.

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	Note 3. Leases Significant Accounting Policy We determine if an arrangement is a lease at inception. For operating leases, we include and report operating lease right-of-use (“ROU”) assets, sundry payables and accrued expenses, and noncurrent operating lease liabilities on our consolidated balance sheet for leases with a term longer than twelve months. Finance leases are reported on our consolidated balance sheets in property, plant and equipment, current portion of other debt, and long-term debt. Operating lease ROU assets and operating lease liabilities are recognized at the lease commencement date based on the present value of the total lease payments over the lease term. Our ROU assets represent the right to use an underlying leased asset over the existing lease term, and the corresponding lease liabilities represent our obligation to make lease payments arising from the lease agreement. As most of our leases do not provide for an implicit rate, we use our secured incremental borrowing rate based on the information available when determining the present value of our lease payments. Our lease terms may include options to terminate, or extend, our lease when it is reasonably certain that we will execute the option. Lease agreements may contain lease and non-lease components, which are generally accounted for separately. Operating lease expense is recognized on a straight-line basis over the lease term. Quantitative Lease Disclosures We have operating and finance leases for our manufacturing facilities, warehouses, office space, automobiles, and certain equipment. Our leases have remaining lease terms of up to ten years, some of which may include one or more five-year renewal options. We have included the five-year renewal option for one of our leases in our operating lease payments as we concluded that it is reasonably certain that we will exercise the option. Leases with an initial term of twelve months or less are not recorded on the balance sheet. Operating lease expense is recognized on a straight-line basis over the lease term. Finance leases are not material. The following tables provide quantitative disclosures related to our operating leases (in thousands) : Balance Sheet Information September 30, 2019 Assets Operating lease right-of-use assets $ 34,055 Liabilities Sundry payables and accrued expenses $ 7,899 Noncurrent operating lease liabilities 27,214 Total operating lease liabilities $ 35,113 Weighted Average Remaining Lease Term Operating leases 6 Years Weighted Average Discount Rate Operating leases 3.8 % Lease Expense Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating Lease Expense (a) $ 2,199 $ 6,633 (a) Excludes expenses of approximately $1.9 million related to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less, which is not material. Nine Months Ended September 30, 2019 Supplemental Cash Flow Information Cash paid for the amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 6,490 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 856 Minimum Lease Payments At September 30, 2019, we are obligated to make minimum lease payments through 2028, under operating leases, which are as follows (in thousands): 2019 $ 2,158 2020 7,787 2021 7,088 2022 5,861 2023 5,279 Thereafter 11,316 Total lease payments $ 39,489 Less: Interest (4,376 ) Present value of lease liabilities $ 35,113

Business Acquisitions and Inves

Business Acquisitions and Investments	9 Months Ended
	Sep. 30, 2019
Business Acquisitions and Investments [Abstract]
Business Acquisitions and Investments	Note 4. Business Acquisitions and Investments 2019 Business Acquisition and Investment Jiangsu Che Yijia New Energy Technology Co., Ltd. Equity Investment In August 2019, we acquired an approximate 29% minority interest in Jiangsu Che Yijia New Energy Technology Co., Ltd. (“CYJ”) for approximately $5.1 million. Our investment in CYJ was funded through borrowings under our revolving credit facility with JPMorgan Chase Bank, N.A. CYJ is a manufacturer of electric air conditioning compressors for electric vehicles and is located in China. Our minority interest in CYJ is accounted for using the equity method of accounting. Pollak Business of Stoneridge, Inc. Acquisition In April 2019, we acquired certain assets and liabilities of the Pollak business of Stoneridge, Inc. for approximately $40 million, subject to post-closing adjustments. In May 2019, the post-closing adjustments were finalized at $1.6 million, reducing the purchase price to $38.4 million. The acquisition was funded through borrowings under our revolving credit facility with JPMorgan Chase Bank, N.A. Stoneridge’s Pollak business had manufacturing and distribution facilities in Canton, Massachusetts, El Paso, Texas, and Juarez, Mexico, and distributed a range of engine management products including sensors, switches, and connectors. The acquisition, reported as part of our Engine Management Segment, enhanced our growth opportunities in the OE/OES, heavy duty and commercial vehicle markets and added to our existing expertise in aftermarket distribution, product management and service. We will be relocating all production to our existing facilities, and have not acquired any of the Pollak facilities or employees. We anticipate that the business will be fully integrated within 12 months. Revenues generated from the acquired business were approximately $45 million for the year ended December 31, 2018. The following table presents the allocation of the purchase price to the assets acquired and liabilities assumed, based on their fair values (in thousands): Purchase Price $ 38,427 Assets acquired and liabilities assumed: Inventory $ 3,331 Property, plant and equipment, net 45 Intangible assets 24,650 Goodwill 10,401 Net assets acquired $ 38,427 Intangible assets acquired of $24.7 million consist of customer relationships related to the acquired OE/OES business of $17.2 million that will be amortized on a straight-line basis over the estimated useful life of 10 years; customer relationships related to the acquired aftermarket business of $7.2 million that will be amortized on a straight-line basis over the estimated useful life of 15 years; a trademark of $0.2 million that will be amortized on a straight-line basis over the estimated useful life of 10 years; and a non-compete agreement of $0.1 million that will be amortized on a straight-line basis over the estimated useful life of 5 years. Goodwill of $10.4 million was allocated to the Engine Management Segment and is deductible for income tax purposes. The goodwill reflects relationships, business specific knowledge and the replacement cost of an assembled workforce associated with personal reputations, as well as the value of expected synergies. Revenues included in our consolidated statements of operations for the acquisition were $20 million from the date of acquisition through September 30, 2019. 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 approximately $4.2 million, thereby increasing our equity interest in the joint venture to 65%. The $4.2 million payment for our additional 15% investment was made in cash installments through September 30, 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.

Restructuring and Integration E

Restructuring and Integration Expenses	9 Months Ended
	Sep. 30, 2019
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, 2018 and September 30, 2019 and activity for the nine months ended September 30, 2019 consisted of the following (in thousands): Workforce Reduction Other Exit Costs Total Exit activity liability at December 31, 2018 $ 742 $ — $ 742 Restructuring and integration costs: Amounts provided for during 2019 — 1,469 1,469 Cash payments (271 ) (1,177 ) (1,448 ) Reclassification to inventory reserves — (292 ) (292 ) Exit activity liability at September 30, 2019 $ 471 $ — $ 471 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 of 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. In December 2018, we completed the sale of the property located in Grapevine, Texas. Net proceeds from the sale of $4.8 million were received in January 2019. The plant rationalization program is substantially completed. Cash payments made during the first nine months of 2019 and the remaining aggregate liability related to the program as of September 30, 2019 consists of severance payments to former employees. Activity, by segment, for the nine months ended September 30, 2019 related to our plant rationalization program consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31, 2018 $ — $ 304 $ — $ 304 Restructuring and integration costs: Amounts provided for during 2019 — — — — Cash payments — (77 ) — (77 ) Exit activity liability at September 30, 2019 $ — $ 227 $ — $ 227 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. The Orlando plant rationalization program is substantially completed. Cash payments made during the first nine months of 2019 and the remaining aggregate liability related to the program as of September 30, 2019 consists of severance payments to former employees. Activity, by segment, for the nine months ended September 30, 2019 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, 2018 $ 438 $ — $ — $ 438 Restructuring and integration costs: Amounts provided for during 2019 — — — — Cash payments (194 ) — — (194 ) Exit activity liability at September 30, 2019 $ 244 $ — $ — $ 244 Integration Costs Pollak Relocation In connection with our April 2019 acquisition of certain assets and liabilities of the Pollak business of Stoneridge, Inc., we are incurring certain integration expenses in connection with the relocation of certain inventory, machinery, and equipment from Pollak’s distribution and manufacturing facilities in El Paso, Texas, Canton, Massachusetts, and Juarez, Mexico, to our existing facilities in Disputanta, Virginia, Reynosa, Mexico and Independence, Kansas. Total integration expenses of approximately $1.8 million are expected to be incurred related to the relocation. During the nine months ended September 30, 2019, integration expenses related to the relocation of $1.5 million were recognized. We anticipate that the Pollak relocation will be substantially completed by the end of 2019. Activity, by segment, for the nine months ended September 30, 2019 related to the Pollak relocation consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31, 2018 $ — $ — $ — $ — Restructuring and integration costs: Amounts provided for during 2019 1,469 — — 1,469 Cash payments (1,177 ) — — (1,177 ) Reclassification to inventory reserves (292 ) — — (292 ) Exit activity liability at September 30, 2019 $ — $ — $ — $ —

Sale of Receivables

Sale of Receivables	9 Months Ended
	Sep. 30, 2019
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 $199.6 million and $560.6 million of receivables during the three months and nine months ended September 30, 2019, respectively, and $224.4 million and $566 million for the comparable periods in 2018. A charge in the amount of $5.6 million and $17.7 million related to the sale of receivables is included in selling, general and administrative expense in our consolidated statements of operations for the three months and nine months ended September 30, 2019, respectively, and $7.3 million and $19 million for the comparable periods in 2018. If we do not enter into these arrangements or if any of the financial institutions with which we enter into these arrangements were to experience financial difficulties or otherwise terminate these arrangements, our financial condition, results of operations and cash flows could be materially and adversely affected by delays or failures to collect future trade accounts receivable.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2019
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) and net realizable value, consist of the following: September 30, 2019 December 31, 2018 (In thousands) Finished goods $ 217,708 $ 226,802 Work in process 9,475 10,527 Raw materials 113,048 112,482 Subtotal 340,231 349,811 Unreturned customer inventories 20,325 20,484 Total inventories $ 360,556 $ 370,295

Acquired Intangible Assets

Acquired Intangible Assets	9 Months Ended
	Sep. 30, 2019
Acquired Intangible Assets [Abstract]
Acquired Intangible Assets	Note 8. Acquired Intangible Assets Acquired identifiable intangible assets consist of the following: September 30, 2019 December 31, 2018 (In thousands) Customer relationships $ 111,521 $ 87,195 Trademarks and trade names 6,980 6,800 Non-compete agreements 3,273 3,193 Patents 723 723 Supply agreements 800 800 Leaseholds 160 160 Total acquired intangible assets 123,457 98,871 Less accumulated amortization (1) (57,329 ) (51,391 ) Net acquired intangible assets $ 66,128 $ 47,480 (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. In April 2019, we acquired certain assets and liabilities of the Pollak business of Stoneridge, Inc. Intangible assets acquired of $ 24.7 million consist of customer relationships related to the acquired OE/OES business of $ 17.2 million that will be amortized on a straight-line basis over the estimated useful life of 10 years; customer relationships related to the acquired aftermarket business of $ 7.2 million that will be amortized on a straight-line basis over the estimated useful life of 15 years; a trademark of $ 0.2 million that will be amortized on a straight-line basis over the estimated useful life of 10 years; and a non-compete agreement of $ 0.1 million that will be amortized on a straight-line basis over the estimated useful life of 5 years. Total amortization expense for acquired intangible assets was $ million and $ million for the three months and nine 30, 2019, respectively, Based on the current estimated useful lives assigned to our acquired intangible assets, amortization expense is estimated to be $ million for the remainder of 2019, $ million in 2020, $ million in 2021, $ million in 2022 and $ million in the aggregate for the years 2023 through 2034.

Credit Facilities and Long-Term

Credit Facilities and Long-Term Debt	9 Months Ended
	Sep. 30, 2019
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: September 30, 2019 December 31, 2018 (In thousands) Revolving credit facilities $ 78,211 $ 43,689 Other (1) 5,357 5,530 Total debt $ 83,568 $ 49,219 Current maturities of debt $ 83,436 $ 49,066 Long-term debt 132 153 Total debt $ 83,568 $ 49,219 (1) Other includes borrowings under our Polish overdraft facility of Zloty 20.7 million (approximately $5.2 million) and Zloty 19.9 million (approximately $5.3 million) as of September 30, 2019 and December 31, 2018, respectively. Revolving Credit Facility In December 2018, we amended our Credit Agreement with JPMorgan Chase Bank, N.A., as agent, and a syndicate of lenders. The amended credit agreement provides 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 extends the maturity date to December 2023 Borrowings under the amended 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 amended credit agreement is based on a formula of eligible accounts receivable, eligible drafts presented to the banks under our factoring agreements, eligible inventory, eligible equipment and eligible fixed assets. After taking into account outstanding borrowings under the amended credit agreement, there was an additional $168.6 million available for us to borrow pursuant to the formula at September 30, 2019. Outstanding borrowings under the amended credit agreement, which are classified as current liabilities, were $78.2 million and $43.7 million at September 30, 2019 and December 31, 2018, respectively. Borrowings under the amended credit agreement have been classified as current liabilities based upon accounting rules and certain provisions in the agreement. At September 30, 2019, the weighted average interest rate on our amended credit agreement was 3.4%, which consisted of $75 million in direct borrowings at 3.2% and an alternative base rate loan of $3.2 million at 5.3%. At December 31, 2018, the weighted average interest rate on our amended credit agreement was 3.9%, which consisted of $40 million in direct borrowings at 3.4% and an alternative base rate loan of $3.7 million at 5.8%. During the nine months ended September 30, 2019, our average daily alternative base rate loan balance was $1.6 million, compared to a balance of $2 million for the nine months ended September 30, 2018, and a balance of $1.8 million for the year ended December 31, 2018. 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 amended 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 September 30, 2019, we were not subject to these covenants. The amended credit agreement permits us to pay cash dividends of $20 million and make stock repurchases of $20 million in any fiscal year subject to a minimum availability of $25 million. Provided specific conditions are met, the amended credit agreement also permits acquisitions, permissible debt financing, capital expenditures, and cash dividend payments and stock repurchases of greater than $20 million. Polish Overdraft Facility Our Polish subsidiary, SMP Poland sp.z.o.o., has entered into an overdraft facility with HSBC Bank Polska S.A. (“HSBC Poland”) for Zloty 30 million (approximately $7.5 million). The facility, as amended, expires in December 2019. 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 September 30, 2019 and December 31, 2018, borrowings under the overdraft facility were Zloty 20.7 million (approximately $5.2 million) and Zloty 19.9 million (approximately $5.3 million), respectively. We anticipate that the overdraft facility will be renewed in the fourth quarter of 2019. Deferred Financing Costs We had deferred financing costs of $0.9 million and $1.1 million as of September 30, 2019 and December 31, 2018, respectively. Deferred financing costs are related to our revolving credit facility. Deferred financing costs as of September 30, 2019 are being amortized in the amounts of $0.1 million for the remainder of 2019, $0.2 million in 2020, $0.2 million in 2021, $0.2 million in 2022 and $0.2 million in 2023.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	Note 10. 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 one Our restricted and performance-based share activity was as follows for the nine months ended September 30, 2019: Shares Weighted Average Grant Date Fair Value Per Share Balance at 870,041 $ 34.59 Granted 204,650 42.05 Vested (68,945 ) 28.89 Forfeited (11,950 ) 44.11 Balance at 993,796 $ 36.40 We recorded compensation expense related to restricted shares and performance-based shares of $5.3 million ($3.9 million, net of tax) and $5 million ($3.7 million, net of tax) for the nine months ended September 30, 2019 and 2018, respectively. The unamortized compensation expense related to our restricted and performance-based shares was $17.9 million at September 30, 2019, and is expected to be recognized as they vest over a weighted average period of 3.9 years and 0.6 years for employees and directors, respectively.

Employee Benefits

Employee Benefits	9 Months Ended
	Sep. 30, 2019
Employee Benefits [Abstract]
Employee Benefits	Note 11. Employee Benefits We provided, and continue to provide, certain medical and dental care benefits to eligible retired U.S. and Canadian employees. The postretirement medical plans to eligible U.S. employees, other than to former union employees, and eligible Canadian employees terminated on December 31, 2016. As related to the U.S. non-union employees, annually and through the year ended December 31, 2016, a fixed amount was credited into a Health Reimbursement account (“HRA”) to cover both medical and dental costs for all current and future eligible retirees. Balances in the HRA accounts upon termination of the plan at December 31, 2016 remained available for use until December 31, 2018. Any remaining balance at December 31, 2018 was forfeited. Postretirement medical and dental benefits to the remaining eligible 19 former union employees in the U.S. will continue to be provided. The postretirement medical and dental benefit obligation for the former union employees in the U.S. as of September 30, 2019, and the net periodic benefit cost for our postretirement benefit plans for the three months and nine months ended September 30, 2019 and 2018 were not material. 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 2019, we made company contributions to the plan of $0.3 million related to calendar year 2018. 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 nine months ended September 30, 2019, we contributed to the trust an additional 49,100 shares from our treasury and released 49,100 shares from the trust leaving 200 shares remaining in the trust as of September 30, 2019.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2019
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 12. 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	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Note 13. 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Basic Net Earnings Per Common Share: Earnings from continuing operations $ 22,654 $ 19,273 $ 56,313 $ 44,697 Loss from discontinued operations (7,903 ) (3,524 ) (9,914 ) (5,014 ) Net earnings available to common stockholders $ 14,751 $ 15,749 $ 46,399 $ 39,683 Weighted average common shares outstanding 22,330 22,425 22,360 22,465 Earnings from continuing operations per common share $ 1.01 $ 0.86 $ 2.52 $ 1.99 Loss from discontinued operations per common share (0.35 ) (0.16 ) (0.44 ) (0.22 ) Basic net earnings per common share $ 0.66 $ 0.70 $ 2.08 $ 1.77 Diluted Net Earnings Per Common Share: Earnings from continuing operations $ 22,654 $ 19,273 $ 56,313 $ 44,697 Loss from discontinued operations (7,903 ) (3,524 ) (9,914 ) (5,014 ) Net earnings available to common stockholders $ 14,751 $ 15,749 $ 46,399 $ 39,683 Weighted average common shares outstanding 22,330 22,425 22,360 22,465 Plus incremental shares from assumed conversions: Dilutive effect of restricted stock and performance-based stock 424 514 454 490 Weighted average common shares outstanding – Diluted 22,754 22,939 22,814 22,955 Earnings from continuing operations per common share $ 1.00 $ 0.84 $ 2.47 $ 1.95 Loss from discontinued operations per common share (0.35 ) (0.15 ) (0.44 ) (0.22 ) Diluted net earnings per common share $ 0.65 $ 0.69 $ 2.03 $ 1.73 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Restricted and performance-based shares 269 210 260 246

Industry Segments

Industry Segments	9 Months Ended
	Sep. 30, 2019
Industry Segments [Abstract]
Industry Segments	Note 14. 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Net Sales (a) Engine Management $ 215,973 $ 197,570 $ 647,204 $ 600,487 Temperature Control 88,301 96,079 241,631 236,680 All Other 3,449 2,970 7,826 7,914 Consolidated $ 307,723 $ 296,619 $ 896,661 $ 845,081 Intersegment Revenue (a) Engine Management $ 4,758 $ 6,500 $ 15,028 $ 17,472 Temperature Control 1,504 2,444 5,223 6,264 All Other (6,262 ) (8,944 ) (20,251 ) (23,736 ) Consolidated $ — $ — $ — $ — Operating Income Engine Management $ 29,477 $ 21,635 $ 77,530 $ 62,149 Temperature Control 7,478 8,571 16,682 14,284 All Other (5,651 ) (3,028 ) (17,223 ) (13,598 ) Consolidated $ 31,304 $ 27,178 $ 76,989 $ 62,835 (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 15, “Net Sales.”

Net Sales

Net Sales	9 Months Ended
	Sep. 30, 2019
Net Sales [Abstract]
Net Sales	Note 15. Net Sales 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 nine months ended September 30, 2019 and 2018 (in thousands): Three months ended September Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 195,953 $ 85,075 $ — $ 281,028 Canada 6,853 2,617 3,449 12,919 Mexico 5,234 145 — 5,379 Europe 3,283 150 — 3,433 Other foreign 4,650 314 — 4,964 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Major Product Group: Ignition, emission control, fuel and safety related system products $ 180,826 $ — $ 1,742 $ 182,568 Wire and cable 35,147 — 348 35,495 Compressors — 52,776 756 53,532 Other climate control parts — 35,525 603 36,128 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Major Sales Channel: Aftermarket $ 180,535 $ 81,581 $ 3,449 $ 265,565 OE/OES 30,135 6,122 — 36,257 Export 5,303 598 — 5,901 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Three months ended September 30, 2018 (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 175,863 $ 91,687 $ — $ 267,550 Canada 9,309 3,591 2,970 15,870 Mexico 4,909 219 — 5,128 Europe 3,227 156 — 3,383 Other foreign 4,262 426 — 4,688 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Major Product Group: Ignition, emission control, fuel and safety related system products $ 159,101 $ — $ 1,171 $ 160,272 Wire and cable 38,469 — 118 38,587 Compressors — 54,842 1,070 55,912 Other climate control parts — 41,237 611 41,848 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Major Sales Channel: Aftermarket $ 168,836 $ 88,681 $ 2,970 $ 260,487 OE/OES 23,345 6,718 — 30,063 Export 5,389 680 — 6,069 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Nine (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 577,974 $ 230,581 $ — $ 808,555 Canada 20,655 9,390 7,826 37,871 Mexico 14,601 508 — 15,109 Europe 9,957 424 — 10,381 Other foreign 24,017 728 — 24,745 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Major Product Group: Ignition, emission control, fuel and safety related system products $ 538,718 $ — $ 4,625 $ 543,343 Wire and cable 108,486 — 360 108,846 Compressors — 145,080 1,288 146,368 Other climate control parts — 96,551 1,553 98,104 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Major Sales Channel: Aftermarket $ 536,228 $ 217,453 $ 7,826 $ 761,507 OE/OES 95,241 22,638 — 117,879 Export 15,735 1,540 — 17,275 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Nine (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 534,625 $ 223,861 $ — $ 758,486 Canada 24,401 10,685 7,914 43,000 Mexico 14,142 610 — 14,752 Europe 10,353 469 — 10,822 Other foreign 16,966 1,055 — 18,021 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 Major Product Group: Ignition, emission control, fuel and safety related system products $ 482,640 $ — $ 4,024 $ 486,664 Wire and cable 117,847 — 467 118,314 Compressors — 131,680 1,832 133,512 Other climate control parts — 105,000 1,591 106,591 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 Major Sales Channel: Aftermarket $ 510,010 $ 210,990 $ 7,914 $ 728,914 OE/OES 74,202 24,115 — 98,317 Export 16,275 1,575 — 17,850 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 (a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments. (b) 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 control, fuel and safety related system products, 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.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
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 in the accompanying statement of operations. 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 settlements, awards of asbestos-related damages, and defense of such claims. At September 30, 2019, approximately 1,500 cases were outstanding for which we may be responsible for any related liabilities. Since inception in September 2001 through September 30, 2019, the amounts paid for settled claims are approximately $30.5 million. We do not have insurance coverage for the indemnity and defense costs associated with the claims we face. 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 such claims. 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 ; and perform an annual actuarial evaluation in the third quarter of each year and whenever events or changes in circumstances indicate that additional provisions may be necessary. 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. 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 and awards of asbestos-related damages 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. As related to our potential asbestos-related liability, in 2018, we were a defendant in an asbestos liability case in California, in which we were found liable for $7.6 million in compensatory damages. We are pursuing all rights of appeal of this case, and during the appeal process, interest will accrue at a rate of ten percent (10%) per annum. During the fourth quarter of 2018, our actuarial firm revised the results of its August 31, 2018 study. Based upon the results of the revised actuarial study, in December 2018, we increased our asbestos liability to $46.7 million and recorded an incremental pre-tax provision of $10.1 million in earnings (loss) from discontinued operations. In accordance with our policy to perform an annual actuarial evaluation in the third quarter of each year, an updated actuarial study was performed as of August 31, 2019. The results of the August 31, 2019 study included an estimate of our undiscounted liability for settlement payments and awards of asbestos-related damages, excluding legal costs and any potential recovery from insurance carriers, ranging from $52 million to $90.6 million for the period through 2064. The change from the revised prior year study, which was performed in the fourth quarter of 2018, was a $5.3 million increase for the low end of the range and a $6.7 million increase for the high end of the range. The increase in the estimated undiscounted liability from the revised prior year study at both the low end and high end of the range reflects our actual experience, our historical data and certain assumptions with respect to events that may occur in the future. Based upon the results of the August 31, 2019 actuarial study, in September 2019, we increased our asbestos liability to $52 million, the low end of the range, and recorded an incremental pre-tax provision of $9.7 million in earnings (loss) from discontinued operations in the accompanying statement of operations. Future legal costs, which are expensed as incurred and reported in earnings (loss) from discontinued operations in the accompanying statement of operations, are estimated, according to the updated study, to range from $50.6 million to $85.2 million for the period through 2064. We plan to perform an annual actuarial evaluation during the third quarter of each year for the foreseeable future and whenever events or changes in circumstances indicate that additional provisions may be necessary. 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 events and changes in circumstances surrounding these potential liabilities in determining whether to perform additional actuarial evaluations and 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 business, financial condition or results of operations. We may at any time determine that settling any of these matters is in our best interests, which settlement may include substantial payments. Although we cannot currently predict the specific amount of any liability that may ultimately arise with respect to any of these matters, we will record provisions when the liability is considered probable and reasonably estimable. Significant judgment is required in both the determination of probability and the determination as to whether an exposure can be reasonably estimated. As additional information becomes available, we reassess our potential liability related to these matters. Such revisions of the potential liabilities could have a material adverse effect on our business, financial condition or results of operations. 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 September 30, 2019 and 2018, we have accrued $20.6 million and $24.1 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance, beginning of period $ 22,086 $ 21,705 $ 19,636 $ 20,929 Liabilities accrued for current year sales 26,112 25,748 76,791 70,126 Settlements of warranty claims (27,573 ) (23,396 ) (75,802 ) (66,998 ) Balance, end of period $ 20,625 $ 24,057 $ 20,625 $ 24,057

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Standards that were adopted Leases Effective January 1, 2019, we adopted ASU 2016-02, Leases, In adopting ASU 2016-02, we elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed us to carry forward our historical lease identification and lease classifications. In addition, upon adoption, we evaluated all of our leases, and in particular our real estate leases, to determine the appropriate lease term. In evaluating our leases, we determined that the lease term for one of our leases should be lengthened, as we concluded that it is reasonably certain that we will exercise the five-year renewal option in the lease. The lease term for all of our other leases remained unchanged. Additionally, we elected to apply the provisions of ASU 2018-11, Targeted Improvements Adoption of the new standard resulted in the following changes in our consolidated balance sheet as of January 1, 2019 (in thousands): Balance at December 31, 2018 Adjustments Due to Adoption of ASU 2016-02 Balance at January 1, 2019 Balance Sheet Operating lease right-of-use asset $ — $ 38,580 $ 38,580 Sundry payables and accrued expenses 31,033 7,232 38,265 Noncurrent operating lease liabilities — 31,348 31,348 See Note 3 for further information regarding our adoption of ASU 2016-02. Standards that are not yet adopted as of September 30, 2019 The following table provides a brief description of recently issued accounting pronouncements that have not yet been adopted as of September 30, 2019, 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 2017-04, 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 will be applied prospectively. We do not anticipate that the adoption of this standard will have a material impact when performing our annual impairment test. ASU 2016-13, Financial Instruments – Credit Losses This standard creates a single model to measure impairment on financial assets, which includes trade accounts receivable. An estimate of expected credit losses on trade accounts receivable 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 We do not anticipate that the adoption of this standard will have a material impact on the manner in which we estimate our allowance for doubtful accounts on trade accounts receivable, or on our consolidated financial statements.

Leases (Policies)

Leases (Policies)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	Significant Accounting Policy We determine if an arrangement is a lease at inception. For operating leases, we include and report operating lease right-of-use (“ROU”) assets, sundry payables and accrued expenses, and noncurrent operating lease liabilities on our consolidated balance sheet for leases with a term longer than twelve months. Finance leases are reported on our consolidated balance sheets in property, plant and equipment, current portion of other debt, and long-term debt. Operating lease ROU assets and operating lease liabilities are recognized at the lease commencement date based on the present value of the total lease payments over the lease term. Our ROU assets represent the right to use an underlying leased asset over the existing lease term, and the corresponding lease liabilities represent our obligation to make lease payments arising from the lease agreement. As most of our leases do not provide for an implicit rate, we use our secured incremental borrowing rate based on the information available when determining the present value of our lease payments. Our lease terms may include options to terminate, or extend, our lease when it is reasonably certain that we will execute the option. Lease agreements may contain lease and non-lease components, which are generally accounted for separately. Operating lease expense is recognized on a straight-line basis over the lease term.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Impact of Adopting ASU 2016-02 on Consolidated Balance Sheet	Adoption of the new standard resulted in the following changes in our consolidated balance sheet as of January 1, 2019 (in thousands): Balance at December 31, 2018 Adjustments Due to Adoption of ASU 2016-02 Balance at January 1, 2019 Balance Sheet Operating lease right-of-use asset $ — $ 38,580 $ 38,580 Sundry payables and accrued expenses 31,033 7,232 38,265 Noncurrent operating lease liabilities — 31,348 31,348

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Quantitative Disclosures Related to Operating Leases	The following tables provide quantitative disclosures related to our operating leases (in thousands) : Balance Sheet Information September 30, 2019 Assets Operating lease right-of-use assets $ 34,055 Liabilities Sundry payables and accrued expenses $ 7,899 Noncurrent operating lease liabilities 27,214 Total operating lease liabilities $ 35,113 Weighted Average Remaining Lease Term Operating leases 6 Years Weighted Average Discount Rate Operating leases 3.8 % Lease Expense Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating Lease Expense (a) $ 2,199 $ 6,633 (a) Excludes expenses of approximately $1.9 million related to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less, which is not material. Nine Months Ended September 30, 2019 Supplemental Cash Flow Information Cash paid for the amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 6,490 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 856
Minimum Lease Payments	At September 30, 2019, we are obligated to make minimum lease payments through 2028, under operating leases, which are as follows (in thousands): 2019 $ 2,158 2020 7,787 2021 7,088 2022 5,861 2023 5,279 Thereafter 11,316 Total lease payments $ 39,489 Less: Interest (4,376 ) Present value of lease liabilities $ 35,113

Business Acquisitions and Inv_2

Business Acquisitions and Investments (Tables)	9 Months Ended
	Sep. 30, 2019
Business Acquisitions and Investments [Abstract]
Allocation of Purchase Price, Assets Acquired And Liabilities Assumed	The following table presents the allocation of the purchase price to the assets acquired and liabilities assumed, based on their fair values (in thousands): Purchase Price $ 38,427 Assets acquired and liabilities assumed: Inventory $ 3,331 Property, plant and equipment, net 45 Intangible assets 24,650 Goodwill 10,401 Net assets acquired $ 38,427

Restructuring and Integration_2

Restructuring and Integration Expenses (Tables)	9 Months Ended
	Sep. 30, 2019
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, 2018 and September 30, 2019 and activity for the nine months ended September 30, 2019 consisted of the following (in thousands): Workforce Reduction Other Exit Costs Total Exit activity liability at December 31, 2018 $ 742 $ — $ 742 Restructuring and integration costs: Amounts provided for during 2019 — 1,469 1,469 Cash payments (271 ) (1,177 ) (1,448 ) Reclassification to inventory reserves — (292 ) (292 ) Exit activity liability at September 30, 2019 $ 471 $ — $ 471
Plant Rationalization Program [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Engine Management Temperature Control Other Total Exit activity liability at December 31, 2018 $ — $ 304 $ — $ 304 Restructuring and integration costs: Amounts provided for during 2019 — — — — Cash payments — (77 ) — (77 ) Exit activity liability at September 30, 2019 $ — $ 227 $ — $ 227
Orlando Plant Rationalization Program [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Activity, by segment, for the nine months ended September 30, 2019 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, 2018 $ 438 $ — $ — $ 438 Restructuring and integration costs: Amounts provided for during 2019 — — — — Cash payments (194 ) — — (194 ) Exit activity liability at September 30, 2019 $ 244 $ — $ — $ 244
Pollak Relocation [Member]
Restructuring Reserve [Abstract]
Restructuring and Integration Expense (Income)	Activity, by segment, for the nine months ended September 30, 2019 related to the Pollak relocation consisted of the following (in thousands): Engine Management Temperature Control Other Total Exit activity liability at December 31, 2018 $ — $ — $ — $ — Restructuring and integration costs: Amounts provided for during 2019 1,469 — — 1,469 Cash payments (1,177 ) — — (1,177 ) Reclassification to inventory reserves (292 ) — — (292 ) Exit activity liability at September 30, 2019 $ — $ — $ — $ —

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2019
Inventories [Abstract]
Inventories	Inventories, which are stated at the lower of cost (determined by means of the first-in, first-out method) and net realizable value, consist of the following: September 30, 2019 December 31, 2018 (In thousands) Finished goods $ 217,708 $ 226,802 Work in process 9,475 10,527 Raw materials 113,048 112,482 Subtotal 340,231 349,811 Unreturned customer inventories 20,325 20,484 Total inventories $ 360,556 $ 370,295

Acquired Intangible Assets (Tab

Acquired Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Acquired Intangible Assets [Abstract]
Acquired Identifiable Intangible Assets	Acquired identifiable intangible assets consist of the following: September 30, 2019 December 31, 2018 (In thousands) Customer relationships $ 111,521 $ 87,195 Trademarks and trade names 6,980 6,800 Non-compete agreements 3,273 3,193 Patents 723 723 Supply agreements 800 800 Leaseholds 160 160 Total acquired intangible assets 123,457 98,871 Less accumulated amortization (1) (57,329 ) (51,391 ) Net acquired intangible assets $ 66,128 $ 47,480 (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-Te_2

Credit Facilities and Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Credit Facilities and Long-Term Debt [Abstract]
Summary of Total Debt Outstanding	Total debt outstanding is summarized as follows: September 30, 2019 December 31, 2018 (In thousands) Revolving credit facilities $ 78,211 $ 43,689 Other (1) 5,357 5,530 Total debt $ 83,568 $ 49,219 Current maturities of debt $ 83,436 $ 49,066 Long-term debt 132 153 Total debt $ 83,568 $ 49,219 (1) Other includes borrowings under our Polish overdraft facility of Zloty 20.7 million (approximately $5.2 million) and Zloty 19.9 million (approximately $5.3 million) as of September 30, 2019 and December 31, 2018, respectively.

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation Plans [Abstract]
Restricted and Performance-based Share Activity	Our restricted and performance-based share activity was as follows for the nine months ended September 30, 2019: Shares Weighted Average Grant Date Fair Value Per Share Balance at 870,041 $ 34.59 Granted 204,650 42.05 Vested (68,945 ) 28.89 Forfeited (11,950 ) 44.11 Balance at 993,796 $ 36.40

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Reconciliations of Earnings Available to Common Stockholders and Shares used in Calculating Basic and Dilutive Net Earnings per Common Share	The following are reconciliations of the 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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Basic Net Earnings Per Common Share: Earnings from continuing operations $ 22,654 $ 19,273 $ 56,313 $ 44,697 Loss from discontinued operations (7,903 ) (3,524 ) (9,914 ) (5,014 ) Net earnings available to common stockholders $ 14,751 $ 15,749 $ 46,399 $ 39,683 Weighted average common shares outstanding 22,330 22,425 22,360 22,465 Earnings from continuing operations per common share $ 1.01 $ 0.86 $ 2.52 $ 1.99 Loss from discontinued operations per common share (0.35 ) (0.16 ) (0.44 ) (0.22 ) Basic net earnings per common share $ 0.66 $ 0.70 $ 2.08 $ 1.77 Diluted Net Earnings Per Common Share: Earnings from continuing operations $ 22,654 $ 19,273 $ 56,313 $ 44,697 Loss from discontinued operations (7,903 ) (3,524 ) (9,914 ) (5,014 ) Net earnings available to common stockholders $ 14,751 $ 15,749 $ 46,399 $ 39,683 Weighted average common shares outstanding 22,330 22,425 22,360 22,465 Plus incremental shares from assumed conversions: Dilutive effect of restricted stock and performance-based stock 424 514 454 490 Weighted average common shares outstanding – Diluted 22,754 22,939 22,814 22,955 Earnings from continuing operations per common share $ 1.00 $ 0.84 $ 2.47 $ 1.95 Loss from discontinued operations per common share (0.35 ) (0.15 ) (0.44 ) (0.22 ) Diluted net earnings per common share $ 0.65 $ 0.69 $ 2.03 $ 1.73
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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Restricted and performance-based shares 269 210 260 246

Industry Segments (Tables)

Industry Segments (Tables)	9 Months Ended
	Sep. 30, 2019
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 September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Net Sales (a) Engine Management $ 215,973 $ 197,570 $ 647,204 $ 600,487 Temperature Control 88,301 96,079 241,631 236,680 All Other 3,449 2,970 7,826 7,914 Consolidated $ 307,723 $ 296,619 $ 896,661 $ 845,081 Intersegment Revenue (a) Engine Management $ 4,758 $ 6,500 $ 15,028 $ 17,472 Temperature Control 1,504 2,444 5,223 6,264 All Other (6,262 ) (8,944 ) (20,251 ) (23,736 ) Consolidated $ — $ — $ — $ — Operating Income Engine Management $ 29,477 $ 21,635 $ 77,530 $ 62,149 Temperature Control 7,478 8,571 16,682 14,284 All Other (5,651 ) (3,028 ) (17,223 ) (13,598 ) Consolidated $ 31,304 $ 27,178 $ 76,989 $ 62,835 (a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

Net Sales (Tables)

Net Sales (Tables)	9 Months Ended
	Sep. 30, 2019
Net Sales [Abstract]
Disaggregation of Net Sales	The following tables provide disaggregation of net sales information for the three months and nine months ended September 30, 2019 and 2018 (in thousands): Three months ended September Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 195,953 $ 85,075 $ — $ 281,028 Canada 6,853 2,617 3,449 12,919 Mexico 5,234 145 — 5,379 Europe 3,283 150 — 3,433 Other foreign 4,650 314 — 4,964 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Major Product Group: Ignition, emission control, fuel and safety related system products $ 180,826 $ — $ 1,742 $ 182,568 Wire and cable 35,147 — 348 35,495 Compressors — 52,776 756 53,532 Other climate control parts — 35,525 603 36,128 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Major Sales Channel: Aftermarket $ 180,535 $ 81,581 $ 3,449 $ 265,565 OE/OES 30,135 6,122 — 36,257 Export 5,303 598 — 5,901 Total $ 215,973 $ 88,301 $ 3,449 $ 307,723 Three months ended September 30, 2018 (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 175,863 $ 91,687 $ — $ 267,550 Canada 9,309 3,591 2,970 15,870 Mexico 4,909 219 — 5,128 Europe 3,227 156 — 3,383 Other foreign 4,262 426 — 4,688 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Major Product Group: Ignition, emission control, fuel and safety related system products $ 159,101 $ — $ 1,171 $ 160,272 Wire and cable 38,469 — 118 38,587 Compressors — 54,842 1,070 55,912 Other climate control parts — 41,237 611 41,848 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Major Sales Channel: Aftermarket $ 168,836 $ 88,681 $ 2,970 $ 260,487 OE/OES 23,345 6,718 — 30,063 Export 5,389 680 — 6,069 Total $ 197,570 $ 96,079 $ 2,970 $ 296,619 Nine (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 577,974 $ 230,581 $ — $ 808,555 Canada 20,655 9,390 7,826 37,871 Mexico 14,601 508 — 15,109 Europe 9,957 424 — 10,381 Other foreign 24,017 728 — 24,745 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Major Product Group: Ignition, emission control, fuel and safety related system products $ 538,718 $ — $ 4,625 $ 543,343 Wire and cable 108,486 — 360 108,846 Compressors — 145,080 1,288 146,368 Other climate control parts — 96,551 1,553 98,104 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Major Sales Channel: Aftermarket $ 536,228 $ 217,453 $ 7,826 $ 761,507 OE/OES 95,241 22,638 — 117,879 Export 15,735 1,540 — 17,275 Total $ 647,204 $ 241,631 $ 7,826 $ 896,661 Nine (a) Engine Management Temperature Control Other (b) Total Geographic Area: United States $ 534,625 $ 223,861 $ — $ 758,486 Canada 24,401 10,685 7,914 43,000 Mexico 14,142 610 — 14,752 Europe 10,353 469 — 10,822 Other foreign 16,966 1,055 — 18,021 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 Major Product Group: Ignition, emission control, fuel and safety related system products $ 482,640 $ — $ 4,024 $ 486,664 Wire and cable 117,847 — 467 118,314 Compressors — 131,680 1,832 133,512 Other climate control parts — 105,000 1,591 106,591 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 Major Sales Channel: Aftermarket $ 510,010 $ 210,990 $ 7,914 $ 728,914 OE/OES 74,202 24,115 — 98,317 Export 16,275 1,575 — 17,850 Total $ 600,487 $ 236,680 $ 7,914 $ 845,081 (a) Segment net sales include intersegment sales in our Engine Management and Temperature Control segments. (b) 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.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies [Abstract]
Changes in Product Warranties	The following table provides the changes in our product warranties (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance, beginning of period $ 22,086 $ 21,705 $ 19,636 $ 20,929 Liabilities accrued for current year sales 26,112 25,748 76,791 70,126 Settlements of warranty claims (27,573 ) (23,396 ) (75,802 ) (66,998 ) Balance, end of period $ 20,625 $ 24,057 $ 20,625 $ 24,057

Basis of Presentation (Details)

Basis of Presentation (Details)	Sep. 30, 2019
Basis of Presentation [Abstract]
Equity ownership in entities included in consolidated financial statements, minimum	50.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
New Accounting Pronouncements [Abstract]
Renewal option period	5 years
Balance Sheet [Abstract]
Operating lease right-of-use asset	$ 34,055	$ 0
Sundry payables and accrued expenses		31,033
Noncurrent operating lease liabilities	$ 27,214	0
ASU 2016-02 [Member]
Balance Sheet [Abstract]
Operating lease right-of-use asset		38,580
Sundry payables and accrued expenses		38,265
Noncurrent operating lease liabilities		31,348
ASU 2016-02 [Member] | Adjustments due to Adoption of ASU 2016-02 [Member]
Balance Sheet [Abstract]
Operating lease right-of-use asset		38,580
Sundry payables and accrued expenses		7,232
Noncurrent operating lease liabilities		$ 31,348

Leases (Details)

Leases (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
		Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Quantitative Lease Disclosures [Abstract]
Renewal option period		5 years	5 years
Assets [Abstract]
Operating lease right-of-use assets		$ 34,055	$ 34,055	$ 0
Liabilities [Abstract]
Sundry payables and accrued expenses		7,899	7,899
Noncurrent operating lease liabilities		27,214	27,214	$ 0
Present value of lease liabilities		$ 35,113	$ 35,113
Operating Leases [Abstract]
Weighted average remaining lease term		6 years	6 years
Weighted average discount rate		3.80%	3.80%
Lease Expense [Abstract]
Operating lease expense	[1]	$ 2,199	$ 6,633
Excluded expenses of non lease			1,900
Cash Paid for the amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows from operating leases			6,490
Right-of-use assets obtained in exchange for new lease obligations [Abstract]
Operating leases			856
Minimum Lease Payments [Abstract]
2019		2,158	2,158
2020		7,787	7,787
2021		7,088	7,088
2022		5,861	5,861
2023		5,279	5,279
Thereafter		11,316	11,316
Total lease payments		39,489	39,489
Less: Interest		(4,376)	(4,376)
Present value of lease liabilities		$ 35,113	$ 35,113
Maximum [Member]
Quantitative Lease Disclosures [Abstract]
Remaining operating lease terms			10 years
[1]	Excludes expenses of approximately $1.9 million related to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less, which is not material.

Business Acquisitions and Inv_3

Business Acquisitions and Investments (Details) - USD ($) $ in Thousands		1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
		May 31, 2019	Apr. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Aug. 31, 2019	Mar. 31, 2018	Apr. 30, 2014
Allocation of the Purchase Price, Assets Acquired and Liabilities Assumed [Abstract]
Net sales	[1]			$ 307,723	$ 296,619	$ 896,661	$ 845,081
Assets acquired and liabilities assumed [Abstract]
Goodwill				$ 77,664		$ 77,664		$ 67,321
Foshan GWO YNG SMP Vehicle Climate Control & Cooling Products Co. Ltd. [Member]
Business Combination, Description [Abstract]
Percentage of equity interest acquired in joint venture				65.00%		65.00%				15.00%	50.00%
Investment in unconsolidated affiliates										$ 4,200	$ 14,000
Pollak business of Stoneridge, Inc. [Member]
Allocation of the Purchase Price, Assets Acquired and Liabilities Assumed [Abstract]
Acquisition of assets and liabilities			$ 40,000
Post-closing adjustments amount		$ 1,600
Net sales								$ 45,000
Purchase Price			38,427
Assets acquired and liabilities assumed [Abstract]
Inventory			3,331
Property, plant and equipment, net			45
Intangible assets			24,650
Goodwill			10,401
Net assets acquired			38,427
Estimated useful life of intangible assets						15 years
Revenues				$ 20,000
Pollak business of Stoneridge, Inc. [Member] | Customer Relationships [Member]
Assets acquired and liabilities assumed [Abstract]
Intangible assets			7,200
Estimated useful life of intangible assets						15 years
Pollak business of Stoneridge, Inc. [Member] | Trademarks [Member]
Assets acquired and liabilities assumed [Abstract]
Intangible assets			200
Estimated useful life of intangible assets						10 years
Pollak business of Stoneridge, Inc. [Member] | Non-Compete Agreements [Member]
Assets acquired and liabilities assumed [Abstract]
Intangible assets			100
Estimated useful life of intangible assets						5 years
Pollak business of Stoneridge, Inc. [Member] | OE/OES [Member]
Assets acquired and liabilities assumed [Abstract]
Estimated useful life of intangible assets						10 years
Pollak business of Stoneridge, Inc. [Member] | OE/OES [Member] | Customer Relationships [Member]
Assets acquired and liabilities assumed [Abstract]
Intangible assets			$ 17,200
Estimated useful life of intangible assets						10 years
Jiangsu Che Yijia New Energy Technology Co., Ltd. [Member]
Business Combination, Description [Abstract]
Percentage of equity interest acquired in joint venture									29.00%
Investment in unconsolidated affiliates									$ 5,100
[1]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.

Restructuring and Integration_3

Restructuring and Integration Expenses (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Plant Rationalization Program [Abstract]
Net proceeds from sale of Grapevine, Texas facility	$ 4,801	$ 0
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	742
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	1,469
Cash payments	(1,448)
Reclassification to inventory reserves	(292)
Exit activity liability, end of period	471
Plant Rationalization Program [Member]
Plant Rationalization Program [Abstract]
Net proceeds from sale of Grapevine, Texas facility	4,800
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	304
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	(77)
Exit activity liability, end of period	227
Orlando Plant Rationalization Program [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	438
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	(194)
Exit activity liability, end of period	244
Pollak Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	1,469
Cash payments	(1,177)
Reclassification to inventory reserves	(292)
Exit activity liability, end of period	0
Integration expenses	1,800
Workforce Reduction [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	742
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	(271)
Reclassification to inventory reserves	0
Exit activity liability, end of period	471
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 2019	1,469
Cash payments	(1,177)
Reclassification to inventory reserves	(292)
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 2019	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	438
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	(194)
Exit activity liability, end of period	244
Engine Management [Member] | Pollak Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	1,469
Cash payments	(1,177)
Reclassification to inventory reserves	(292)
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	304
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	(77)
Exit activity liability, end of period	227
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 2019	0
Cash payments	0
Exit activity liability, end of period	0
Temperature Control [Member] | Pollak Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	0
Reclassification to inventory reserves	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 2019	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 2019	0
Cash payments	0
Exit activity liability, end of period	0
Other [Member] | Pollak Relocation [Member]
Restructuring and integration activities [Roll Forward]
Exit activity liability, beginning of period	0
Restructuring and integration costs [Abstract]
Amounts provided for during 2019	0
Cash payments	0
Reclassification to inventory reserves	0
Exit activity liability, end of period	$ 0

Sale of Receivables (Details)

Sale of Receivables (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Sale of Receivables [Abstract]
Sale of receivables to financial institutions	$ 199.6	$ 224.4	$ 560.6	$ 566
Charge related to sale of receivables	$ 5.6	$ 7.3	$ 17.7	$ 19

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Inventories [Abstract]
Finished goods	$ 217,708	$ 226,802
Work in process	9,475	10,527
Raw materials	113,048	112,482
Subtotal	340,231	349,811
Unreturned customer inventories	20,325	20,484
Total inventories	$ 360,556	$ 370,295

Acquired Intangible Assets, Ide

Acquired Intangible Assets, Identifiable Intangible Assets (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		$ 123,457	$ 98,871
Less accumulated amortization	[1]	(57,329)	(51,391)
Net acquired intangible assets		66,128	47,480
Customer Relationships [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		111,521	87,195
Trademarks [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		6,980	6,800
Non-compete Agreements [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		3,273	3,193
Patents [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		723	723
Supply Agreements [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		800	800
Leaseholds [Member]
Indefinite Lived Intangible Assets [Abstract]
Total acquired intangible assets		$ 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.

Acquired Intangible Assets, Acq

Acquired Intangible Assets, Acquired Assets and Liabilities and Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Apr. 30, 2019
Amortization of acquired intangible assets [Abstract]
Amortization expense	$ 2,000	$ 1,900	$ 6,000	$ 5,700
Estimated amortization expense, remainder of 2019	2,000		2,000
Estimated amortization expense in year 2020	8,100		8,100
Estimated amortization expense in year 2021	6,800		6,800
Estimated amortization expense in year 2022	5,200		5,200
Estimated amortization expense in years 2023 through 2034	38,800		38,800
Trademarks [Member]
Intangible assets acquired [Abstract]
Amount of acquired indefinite-lived intangible assets	$ 5,200		$ 5,200
Pollak business of Stoneridge, Inc. [Member]
Other Intangible Assets [Abstract]
Intangible assets					$ 24,650
Estimated useful life of intangible assets			15 years
Pollak business of Stoneridge, Inc. [Member] | OE/OES [Member]
Other Intangible Assets [Abstract]
Estimated useful life of intangible assets			10 years
Pollak business of Stoneridge, Inc. [Member] | Customer Relationships [Member]
Other Intangible Assets [Abstract]
Intangible assets					7,200
Estimated useful life of intangible assets			15 years
Pollak business of Stoneridge, Inc. [Member] | Customer Relationships [Member] | OE/OES [Member]
Other Intangible Assets [Abstract]
Intangible assets					17,200
Estimated useful life of intangible assets			10 years
Pollak business of Stoneridge, Inc. [Member] | Trademarks [Member]
Other Intangible Assets [Abstract]
Intangible assets					200
Estimated useful life of intangible assets			10 years
Pollak business of Stoneridge, Inc. [Member] | Non-compete Agreements [Member]
Other Intangible Assets [Abstract]
Intangible assets					$ 100
Estimated useful life of intangible assets			5 years

Credit Facilities and Long-Te_3

Credit Facilities and Long-Term Debt, Total Debt Outstanding (Details) $ in Thousands, zł in Millions		Sep. 30, 2019PLN (zł)	Sep. 30, 2019USD ($)	Dec. 31, 2018PLN (zł)	Dec. 31, 2018USD ($)
Credit Facilities and Long-Term Debt [Abstract]
Revolving credit facilities			$ 78,211		$ 43,689
Other	[1]		5,357		5,530
Total debt			83,568		49,219
Current maturities of debt			83,436		49,066
Long-term debt			132		153
HSBC Bank Polska S.A. [Member]
Line of Credit Facility [Abstract]
Overdraft facility		zł 20.7	$ 5,200	zł 19.9	$ 5,300
[1]	Other includes borrowings under our Polish overdraft facility of Zloty 20.7 million (approximately $5.2 million) and Zloty 19.9 million (approximately $5.3 million) as of September 30, 2019 and December 31, 2018, respectively.

Credit Facilities and Long-Te_4

Credit Facilities and Long-Term Debt, Revolving Credit Facility (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Line of Credit Facility [Abstract]
Notes payable	$ 78,211		$ 43,689
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	Dec. 31, 2023
Additional available borrowing capacity	$ 168,600
Notes payable	$ 78,200		$ 43,700
Weighted average interest rate	3.40%		3.90%
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]
Notes payable	$ 3,200		$ 3,700
Weighted average interest rate	5.30%		5.80%
Average daily loan balance outstanding	$ 1,600	$ 2,000	$ 1,800
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]
Notes payable	$ 75,000		$ 40,000
Weighted average interest rate	3.20%		3.40%
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] | Cash Dividend 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-Te_5

Credit Facilities and Long-Term Debt, Polish Overdraft Facility (Details) - HSBC Bank Polska S.A. [Member] zł in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2019PLN (zł)	Sep. 30, 2019USD ($)	Dec. 31, 2018PLN (zł)	Dec. 31, 2018USD ($)
Line of Credit Facility [Abstract]
Maximum borrowing capacity			zł 30	$ 7.5
Overdraft facility	zł 20.7	$ 5.2	zł 19.9	$ 5.3
1M WIBOR [Member]
Line of Credit Facility [Abstract]
Basis spread on variable rate	0.75%

Credit Facilities and Long-Te_6

Credit Facilities and Long-Term Debt, Deferred Financing Costs (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Deferred Financing Costs [Abstract]
Deferred financing costs	$ 0.9	$ 1.1
Amortization of financing costs reminder of 2019	0.1
Amortization of financing costs in 2020	0.2
Amortization of financing costs in 2021	0.2
Amortization of financing costs in 2022	0.2
Amortization of financing costs in 2023	$ 0.2

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Additional Disclosures [Abstract]
Compensation expense, gross	$ 5,742	$ 5,614
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)	870,041
Granted (in shares)	204,650
Vested (in shares)	(68,945)
Forfeited (in shares)	(11,950)
End of period (in shares)	993,796
Restricted and performance-based stock, weighted average grant date fair value per share [Roll Forward]
Beginning of period (in dollars per share)	$ 34.59
Granted (in dollars per share)	42.05
Vested (in dollars per share)	28.89
Forfeited (in dollars per share)	44.11
End of period (in dollars per share)	$ 36.40
Additional Disclosures [Abstract]
Compensation expense, gross	$ 5,300	5,000
Compensation expense, net of tax	3,900	$ 3,700
Unamortized compensation expense	$ 17,900
Restricted and Performance-Based Shares [Member] | Employees [Member]
Additional Disclosures [Abstract]
Weighted average period of recognition for unrecognized compensation expense	3 years 10 months 24 days
Restricted and Performance-Based Shares [Member] | Directors [Member]
Additional Disclosures [Abstract]
Weighted average period of recognition for unrecognized compensation expense	7 months 6 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 Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2019USD ($)	Sep. 30, 2019Employeeshares
Benefit Plan [Abstract]
Number of former union employees covered by the plan | Employee		19
Supplemental Executive Retirement Plan [Member]
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]
Employer discretionary contribution amount | $	$ 0.3
Employee Stock Ownership Plan and Trust (ESOP) [Member]
Employee Stock Ownership Plan (ESOP), Debt Structure [Abstract]
Additional shares contributed to ESOP (in shares)		49,100
Shares released from trust (in shares)		49,100
Total remaining balance of shares in the ESOP (in shares)		200

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Basic Net Earnings Per Common Share [Abstract]
Earnings from continuing operations	$ 22,654	$ 19,273	$ 56,313	$ 44,697
Loss from discontinued operations	(7,903)	(3,524)	(9,914)	(5,014)
Net earnings available to common stockholders	$ 14,751	$ 15,749	$ 46,399	$ 39,683
Weighted average common shares outstanding (in shares)	22,329,835	22,424,962	22,359,637	22,464,697
Earnings from continuing operations per common share (in dollars per share)	$ 1.01	$ 0.86	$ 2.52	$ 1.99
Loss from discontinued operations per common share (in dollars per share)	(0.35)	(0.16)	(0.44)	(0.22)
Net earnings per common share - Basic (in dollars per share)	$ 0.66	$ 0.70	$ 2.08	$ 1.77
Diluted Net Earnings Per Common Share [Abstract]
Earnings from continuing operations	$ 22,654	$ 19,273	$ 56,313	$ 44,697
Loss from discontinued operations	(7,903)	(3,524)	(9,914)	(5,014)
Net earnings available to common stockholders	$ 14,751	$ 15,749	$ 46,399	$ 39,683
Weighted average common shares outstanding (in shares)	22,329,835	22,424,962	22,359,637	22,464,697
Plus incremental shares from assumed conversions [Abstract]
Dilutive effect of restricted stock and performance-based stock (in shares)	424,000	514,000	454,000	490,000
Weighted average common shares outstanding - Diluted (in shares)	22,754,440	22,938,925	22,814,228	22,954,649
Earnings from continuing operations per common share (in dollars per share)	$ 1	$ 0.84	$ 2.47	$ 1.95
Loss from discontinued operations per common share (in dollars per share)	(0.35)	(0.15)	(0.44)	(0.22)
Net earnings per common share - Diluted (in dollars per share)	$ 0.65	$ 0.69	$ 2.03	$ 1.73
Restricted and Performance-Based Shares [Member]
Earnings Per Share[Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	269,000	210,000	260,000	246,000

Industry Segments (Details)

Industry Segments (Details) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)Segment	Sep. 30, 2018USD ($)
Segment Reporting Information, Profit (Loss) [Abstract]
Number of reportable operating segments | Segment				2
Net sales	[1]	$ 307,723	$ 296,619	$ 896,661	$ 845,081
Operating income		31,304	27,178	76,989	62,835
Intersegment Revenues [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]	215,973	197,570	647,204	600,487
Operating income		29,477	21,635	77,530	62,149
Engine Management [Member] | Intersegment Revenues [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net sales	[1]	4,758	6,500	15,028	17,472
Temperature Control [Member] | Reportable Segments [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net sales	[1]	88,301	96,079	241,631	236,680
Operating income		7,478	8,571	16,682	14,284
Temperature Control [Member] | Intersegment Revenues [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net sales	[1]	1,504	2,444	5,223	6,264
All Other [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net sales	[1]	3,449	2,970	7,826	7,914
Operating income		(5,651)	(3,028)	(17,223)	(13,598)
All Other [Member] | Intersegment Revenues [Member]
Segment Reporting Information, Profit (Loss) [Abstract]
Net sales	[1]	$ (6,262)	$ (8,944)	$ (20,251)	$ (23,736)
[1]	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		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	$ 307,723	$ 296,619	$ 896,661	$ 845,081
Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	265,565	260,487	761,507	728,914
OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	36,257	30,063	117,879	98,317
Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,901	6,069	17,275	17,850
Ignition, Emission Control, Fuel and Safety Related System Products [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	182,568	160,272	543,343	486,664
Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	35,495	38,587	108,846	118,314
Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	53,532	55,912	146,368	133,512
Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	36,128	41,848	98,104	106,591
United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	281,028	267,550	808,555	758,486
Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	12,919	15,870	37,871	43,000
Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,379	5,128	15,109	14,752
Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	3,433	3,383	10,381	10,822
Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	4,964	4,688	24,745	18,021
Engine Management [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	215,973	197,570	647,204	600,487
Engine Management [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	180,535	168,836	536,228	510,010
Engine Management [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	30,135	23,345	95,241	74,202
Engine Management [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,303	5,389	15,735	16,275
Engine Management [Member] | Ignition, Emission Control, Fuel and Safety Related System Products [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	180,826	159,101	538,718	482,640
Engine Management [Member] | Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	35,147	38,469	108,486	117,847
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]	195,953	175,863	577,974	534,625
Engine Management [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	6,853	9,309	20,655	24,401
Engine Management [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	5,234	4,909	14,601	14,142
Engine Management [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	3,283	3,227	9,957	10,353
Engine Management [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	4,650	4,262	24,017	16,966
Temperature Control [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	88,301	96,079	241,631	236,680
Temperature Control [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	81,581	88,681	217,453	210,990
Temperature Control [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	6,122	6,718	22,638	24,115
Temperature Control [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	598	680	1,540	1,575
Temperature Control [Member] | Ignition, Emission Control, Fuel and Safety Related System Products [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]	52,776	54,842	145,080	131,680
Temperature Control [Member] | Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	35,525	41,237	96,551	105,000
Temperature Control [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	85,075	91,687	230,581	223,861
Temperature Control [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	2,617	3,591	9,390	10,685
Temperature Control [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	145	219	508	610
Temperature Control [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	150	156	424	469
Temperature Control [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1]	314	426	728	1,055
Other [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	3,449	2,970	7,826	7,914
Other [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	3,449	2,970	7,826	7,914
Other [Member] | OE/OES [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	0	0	0	0
Other [Member] | Export [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	0	0	0	0
Other [Member] | Ignition, Emission Control, Fuel and Safety Related System Products [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	1,742	1,171	4,625	4,024
Other [Member] | Wire and Cable [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	348	118	360	467
Other [Member] | Compressors [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	756	1,070	1,288	1,832
Other [Member] | Other Climate Control Parts [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	603	611	1,553	1,591
Other [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	0	0	0	0
Other [Member] | Canada [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	3,449	2,970	7,826	7,914
Other [Member] | Mexico [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	0	0	0	0
Other [Member] | Europe [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	0	0	0	0
Other [Member] | Other Foreign [Member]
Disaggregation of Revenue [Abstract]
Disaggregation of net sales	[1],[2]	$ 0	$ 0	$ 0	$ 0
[1]	Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.
[2]	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.

Commitments and Contingencies,

Commitments and Contingencies, Asbestos (Details) - Asbestos [Member] $ in Millions	Feb. 28, 2019USD ($)	Sep. 30, 2019USD ($)Claim	Dec. 31, 2018USD ($)	Sep. 30, 2019USD ($)Claim
Asbestos [Abstract]
Pending claims, approximate number | Claim		1,500		1,500
Payments for settled claims				$ 30.5
Compensatory damages, amount of company responsibility	$ 7.6
Litigation settlement accrued interest rate	10.00%
Minimum [Member]
Asbestos [Abstract]
Range of possible loss		$ 52	$ 46.7	52
Incremental pre-tax provision		9.7
Increase in the range of possible loss			5.3
Maximum [Member]
Asbestos [Abstract]
Range of possible loss		90.6		90.6
Increase in the range of possible loss			6.7
Discontinued Operations [Member]
Asbestos [Abstract]
Incremental pre-tax provision			$ 10.1
Discontinued Operations [Member] | Minimum [Member]
Asbestos [Abstract]
Range of possible loss		50.6		50.6
Discontinued Operations [Member] | Maximum [Member]
Asbestos [Abstract]
Range of possible loss		$ 85.2		$ 85.2

Commitments and Contingencies_2

Commitments and Contingencies, Warranties (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Changes in product warranties [Roll forward]
Balance, beginning of period	$ 22,086	$ 21,705	$ 19,636	$ 20,929
Liabilities accrued for current year sales	26,112	25,748	76,791	70,126
Settlements of warranty claims	(27,573)	(23,396)	(75,802)	(66,998)
Balance, end of period	$ 20,625	$ 24,057	$ 20,625	$ 24,057