STANDARD MOTOR PRODUCTS, INC.
Consolidated Statements of Operations
(Dollars in thousands, except per share amounts)
		THREE MONTHS ENDED
		MARCH 31,
		2005		2004
NET SALES		$       207,326		$       204,781
COST OF SALES		158,891		153,821
GROSS PROFIT		48,435		50,960
SELLING, GENERAL & ADMINISTRATIVE EXPENSES		42,076		47,328
RESTRUCTURING EXPENSES		524		1,367
OPERATING INCOME		5,835		2,265
OTHER INCOME (EXPENSE), NET		(215)		243
INTEREST EXPENSE		3,775		3,234
EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES		1,845		(726)
INCOME TAX EXPENSE (BENEFIT)		792		(181)
EARNINGS (LOSS) FROM CONTINUING OPERATIONS		1,053		(545)
LOSS FROM DISCONTINUED OPERATION, NET OF TAX		(407)		(425)
NET EARNINGS (LOSS)		$              646		$             (970)
NET EARNINGS (LOSS) PER COMMON SHARE:
BASIC EARNINGS (LOSS) FROM CONTINUING OPERATIONS		$             0.05		$            (0.03)
DISCONTINUED OPERATION		(0.02)		(0.02)
NET EARNINGS (LOSS) PER COMMON SHARE - BASIC		$             0.03		$            (0.05)
DILUTED EARNINGS (LOSS) FROM CONTINUING OPERATIONS		$             0.05		$            (0.03)
DISCONTINUED OPERATION		(0.02)		(0.02)
NET EARNINGS (LOSS) PER COMMON SHARE - DILUTED		$             0.03		$            (0.05)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES		19,440,356		19,233,543
WEIGHTED AVERAGE NUMBER OF COMMON SHARES AND DILUTIVE SHARES		19,478,064		19,233,543