XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (unaudited) [Abstract]    
Sales $ 285,936 $ 238,527
Cost of sales 209,491 174,012
Gross profit 76,445 64,515
Selling, general and administrative expenses 65,296 56,279
Income from operations 11,149 8,236
Other income, net (22) (228)
Interest expense 5,041 3,653
Income before provision for income taxes 6,130 4,811
Provision for income taxes 1,636 1,817
Net income 4,494 2,994
Net loss attributable to noncontrolling interest (57) (139)
Net income attributable to DXP Enterprises, Inc. 4,551 3,133
Preferred stock dividend 23 23
Net income attributable to common shareholders 4,528 3,110
Net income 4,494 2,994
Foreign currency translation adjustment (377) (2,320)
Comprehensive income $ 4,117 $ 674
Basic earnings per share attributable to DXP Enterprises, Inc. (in dollars per share) $ 0.25 $ 0.18
Weighted average common shares outstanding (in shares) 17,901 17,409
Diluted earnings per share attributable to DXP Enterprises, Inc. (in dollars per share) $ 0.24 $ 0.17
Weighted average common shares and common equivalent diluted shares outstanding 18,741 18,249