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EARNINGS PER SHARE DATA
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE DATA
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,
 
2020
 
2019
Basic:
 
 
 
Weighted average shares outstanding
17,713

 
17,566

Net income attributable to DXP Enterprises, Inc.
$
5,710

 
$
7,291

Convertible preferred stock dividend
23

 
23

Net income attributable to common shareholders
$
5,687

 
$
7,268

Per share amount
$
0.32

 
$
0.41

 
 
 
 
Diluted:
 
 
 
Weighted average shares outstanding
17,713

 
17,566

Assumed conversion of convertible preferred stock
840

 
840

Total dilutive shares
18,553

 
18,406

Net income attributable to common shareholders
$
5,687

 
$
7,268

Convertible preferred stock dividend
23

 
23

Net income attributable to DXP Enterprises, Inc.
$
5,710

 
$
7,291

Per share amount
$
0.31

 
$
0.40