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EARNINGS PER SHARE DATA
 9 Months Ended
Sep. 30, 2016
EARNINGS PER SHARE DATA [Abstract]  
EARNINGS PER SHARE DATA
NOTE 12 - 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
September 30,
  
Nine Months Ended
September 30,
 
  
2016
  
2015
  
2016
  
2015
 
Basic:
            
Weighted average shares outstanding
  
14,600
   
14,422
   
14,529
   
14,394
 
Net income (loss) attributable to DXP Enterprises, Inc.
 
$
263
  
$
(52,435
)
 
$
321
  
$
(35,617
)
Convertible preferred stock dividend
  
23
   
23
   
68
   
68
 
Net income (loss) attributable to common shareholders
 
$
240
  
$
(52,458
)
 
$
253
  
$
(35,685
)
Per share amount
 
$
0.02
  
$
(3.64
)
 
$
0.02
  
$
(2.48
)
                 
Diluted:
                
Weighted average shares outstanding
  
14,600
   
14,422
   
14,529
   
14,394
 
Assumed conversion of convertible preferred stock
  
840
   
-
   
840
   
-
 
Total dilutive shares
  
15,440
   
14,422
   
15,369
   
14,394
 
Net income (loss) attributable to common shareholders
 
$
240
  
$
(52,458
)
 
$
253
  
$
(35,685
)
Convertible preferred stock dividend
  
(23
)
  
-
   
(68
)
  
-
 
Net income (loss) attributable to DXP Enterprises, Inc. for diluted earnings per share
 
$
263
  
$
(52,458
)
 
$
321
  
$
(35,685
)
Per share amount
 
$
0.02
  
$
(3.64
)
 
$
0.02
  
$
(2.48
)