Standard Motor Products, Inc. · NYSE:SMP
Standard Motor Products — Q4 2021 Earnings Presentation
9 slides from Standard Motor Products's earnings presentation, Feb 22, 2022
Slide 1: Standard Motor Products, Inc. 4th Quarter 2021 Earnings Call
Standard Motor Products, Inc. 4th Quarter 2021 Earnings Call | February 22, 2022 1
Slide 2: Safe Harbor – Forward Looking Statements
Safe Harbor – Forward Looking Statements You should be aware that except for historical information, the matters discussed here in are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements, including projections and anticipa
Slide 3: Agenda
Agenda v Welcome & Introduction Larry Sills, Chairman v Overview & Performance Eric Sills, CEO v Operations & Supply Chain Update Jim Burke, COO v Financial Results & Balance Sheet Nathan Iles, CFO v Wrap-up Eric Sills, CEO v Q&A All Standard Motor Products, Inc. | Q4 2021 Earnings 3
Slide 4: Q4 & YTD P&L Summary
Q4 & YTD P&L Summary(1) (In millions, except per share amounts) THREE MONTHS ENDED TWELVE MONTHS ENDED DECEMBER 31, DECEMBER 31, 2021 2020 2021 2020 Engine Management Revenue $ 245.6 $ 231.9 $ 937.9 $ 835.7 Gross Margin 67.8 27.6% 76.5 33.0% 267.3 28.5% 251.7 30.1% Selling, General & Administrative
Slide 5: Balance Sheet & Cash Flow Highlights
Balance Sheet & Cash Flow Highlights (In millions) DECEMBER 31, 2021 2020 Working Capital Stats Accounts Receivable, Net $ 180.6 $ 198.0 Inventories $ 468.8 $ 345.5 Cash Flow Stats (YTD) Operating cash flows $ 85.6 $ 97.9 Capex $ (25.9) $ (17.8) M&A $ (125.4) $ - Dividends $ (22.2) $ (11.2) Share re
Slide 6: Q&A Session
Standard Motor Products, Inc. SiviP Standard Motor Products, Inc. Q&A Session
Slide 7: Appendix
Standard Motor Products, Inc. Appendix
Slide 8: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures (In thousands, except per share amounts) THREE MONTHS ENDED TWELVE MONTHS ENDED DECEMBER 31, DECEMBER 31, 2021 2020 2021 2020 (Unaudited) (Unaudited) EARNINGS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO SMP GAAP EARNINGS FROM CONTINUING OPERATIONS $ 20,022
Slide 9: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures (In thousands, except per share amounts) THREE MONTHS ENDED TWELVE MONTHS ENDED DECEMBER 31, DECEMBER 31, 2021 2020 2021 2020 (Unaudited) (Unaudited) OPERATING INCOME GAAP OPERATING INCOME $ 24,212 $ 30,587 $ 128,999 $ 108,895 RESTRUCTURING AND INTEGRATIO
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