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Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2023
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
Note 10.  Accumulated Other Comprehensive Income

Changes in Accumulated Other Comprehensive Income by Component (in thousands)

   
Three Months Ended March 31, 2023
  
   
Foreign
Currency
Translation
    
Unrecognized
Postretirement
Benefit Costs
(Credit)
    
Unrealized
derivative
gains
(losses)
      
Total
  
Balance at December 31, 2022  attributable to SMP
  
$
(16,330
)
  
$
37
    
$
3,823
      
$
(12,470
)
Other comprehensive income before reclassifications
    
2,849
      
—
      
(1,039
)
 (1)     
1,810
  
Amounts reclassified from accumulated other comprehensive income
    
—
      
(3
)
    
(338
)
      
(341
)
Other comprehensive income, net
    
2,849
      
(3
)
    
(1,377
)
      
1,469
  
Balance at March 31, 2023 attributable to SMP
  
$
(13,481
)
  
$
34
    
$
2,446
      
$
(11,001
)

 
(1)
Consists of the unrecognized loss relating to the change in fair value of the cash flow interest rate hedge of $1.9 million ($1.4 million, net of tax), net of cash settlements of  $0.5 million ($0.3 million, net of tax) in the three month ended March 31, 2023.

Reclassifications Out of Accumulated Other Comprehensive Income (in thousands)

 
  
Three Months Ended
 
Details About Accumulated Other Comprehensive Income Components
  
March 31, 2023
  
Derivative cash flow hedge:
      
Unrecognized gain (loss) (1)
  
$
(456
)
Postretirement Benefit Plans:
        
Unrecognized gain (loss) (2)
    
(6
)
Total before income tax
    
(462
)
Income tax expense (benefit)
    
(121
)
Total reclassifications attributable to SMP
  
$
(341
)

 
(1)
Unrecognized accumulated other comprehensive income (loss) related to the cash flow interest rate hedge is reclassified to earnings and reported as part of interest expense in our consolidated statements of operations when the interest payments on the underlying borrowings are recognized.

 
(2)
Unrecognized accumulated other comprehensive income (loss) related to our post retirement plans is reclassified to earnings and included in the computation of net periodic postretirement benefit costs, which are included in other non-operating income, net in our consolidated statements of operations (see Note 12, “Employee Benefits,” for additional information).