Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Number of Shares Outstanding for Calculation of Earnings Per Share

The computational components of basic and diluted earnings per share for the three months ended June 30, 2024 and 2023 are as follows:

	Three months ended June 30,
(in thousands)	2024		2023
Numerator (for basic and diluted earnings per share)
Net income attributable to CECO Environmental Corp.	$	4,485	$	3,724
Denominator
Basic weighted-average shares outstanding		34,918		34,619
Common stock equivalents arising from stock options and restricted stock awards		1,385		525
Diluted weighted-average shares outstanding		36,303		35,144

The computational components of basic and diluted earnings per share for the six months ended June 30, 2024 and 2023 are as follows:

	Six months ended June 30,
(in thousands)	2024		2023
Numerator (for basic and diluted earnings per share)
Net income attributable to CECO Environmental Corp.	$	5,993	$	5,701
Denominator
Basic weighted-average shares outstanding		34,882		34,531
Common stock equivalents arising from stock options and restricted stock awards		1,357		641
Diluted weighted-average shares outstanding		36,239		35,172