EARNINGS PER SHARE DATA

3 Months Ended

Mar. 31, 2018

EARNINGS PER SHARE DATA [Abstract]

EARNINGS PER SHARE DATA

NOTE 13 - EARNINGS PER SHARE DATA

Basic earnings per share is computed based on weighted average shares outstanding and excludes dilutive securities. Diluted earnings per share is computed including the impacts of all potentially dilutive securities.

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):

	Three Months Ended March 31,
	2018		2017
Basic:
Weighted average shares outstanding		17,901	17,409
Net income attributable to DXP Enterprises, Inc.	$	4,551	$	3,133
Convertible preferred stock dividend		23		23
Net income attributable to common shareholders	$	4,528	$	3,110
Per share amount	$	0.25	$	0.18
Diluted:
Weighted average shares outstanding		17,901		17,409
Assumed conversion of convertible  preferred stock		840		840
Total dilutive shares		18,741		18,249
Net income attributable to  common shareholders	$	4,528	$	3,110
Convertible preferred stock dividend		23		23
Net income attributable to DXP Enterprises, Inc. for diluted  earnings per share	$	4,551	$	3,133
Per share amount	$	0.24	$	0.17