EARNINGS PER SHARE DATA

6 Months Ended

Jun. 30, 2021

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 June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Basic:			(Restated)				(Restated)
Weighted average shares outstanding	19,291		17,735		19,239		17,719
Net income attributable to DXP Enterprises, Inc.	$	8,119	$	2,427	$	8,490	$	8,479
Convertible preferred stock dividend	22		22		45		45
Net income attributable to common shareholders	$	8,097	$	2,405	$	8,445	$	8,434
Per share amount	$	0.42	$	0.14	$	0.44	$	0.48

Diluted:
Weighted average shares outstanding	19,291		17,735		19,239		17,719
Assumed conversion of convertible preferred stock	840		840		840		840
Total dilutive shares	20,131		18,575		20,079		18,559
Net income attributable to common shareholders	$	8,097	$	2,405	$	8,445	$	8,434
Convertible preferred stock dividend	22		22		45		45
Net income attributable to DXP Enterprises, Inc.	$	8,119	$	2,427	$	8,490	$	8,479
Per share amount	$	0.41	$	0.13	$	0.42	$	0.45