XML 42 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
EARNINGS PER SHARE DATA (Tables)
6 Months Ended
Jun. 30, 2018
EARNINGS PER SHARE DATA [Abstract]  
Computation of Basic and Diluted Earnings per Share
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
June 30,
  
Six Months Ended
June 30,
 
  
2018
  
2017
  
2018
  
2017
 
Basic:
            
Weighted average shares outstanding
  
17,558
   
17,404
   
17,538
   
17,406
 
Net income attributable to DXP Enterprises, Inc.
 
$
11,562
  
$
4,135
  
$
16,113
  
$
7,268
 
Convertible preferred stock dividend
  
22
   
22
   
45
   
45
 
Net income attributable to common shareholders
 
$
11,540
  
$
4,113
  
$
16,068
  
$
7,223
 
Per share amount
 
$
0.66
  
$
0.24
  
$
0.92
  
$
0.42
 
                 
Diluted:
                
Weighted average shares outstanding
  
17,558
   
17,404
   
17,538
   
17,406
 
Assumed conversion of convertible
 preferred stock
  
840
   
840
   
840
   
840
 
Total dilutive shares
  
18,398
   
18,244
   
18,378
   
18,246
 
Net income attributable to
 common shareholders
 
$
11,540
  
$
4,113
  
$
16,068
  
$
7,223
 
Convertible preferred stock dividend
  
22
   
22
   
45
   
45
 
Net income attributable to DXP Enterprises, Inc. for diluted
 earnings per share
 
$
11,562
  
$
4,135
  
$
16,113
  
$
7,268
 
Per share amount
 
$
0.63
  
$
0.23
  
$
0.88
  
$
0.40