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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
EARNINGS PER SHARE  
Reconciliation of weighted-average shares outstanding used in calculation of basic and diluted EPS

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2022

    

2021

    

2022

    

2021

Income from continuing operations

$

74,873

$

21,047

$

156,546

$

94,980

Less: income from continuing operations attributable to noncontrolling interest

 

9

 

6

 

16

 

70

Income from continuing operations attributable to Advanced Energy Industries, Inc.

$

74,864

$

21,041

$

156,530

$

94,910

Basic weighted-average common shares outstanding

 

37,379

 

38,183

 

37,482

 

38,296

Assumed exercise of dilutive stock options and restricted stock units

 

251

 

180

 

243

 

221

Diluted weighted-average common shares outstanding

 

37,630

 

38,363

 

37,725

 

38,517

Continuing operations:

 

  

 

  

 

  

 

  

Basic earnings per share

$

2.00

$

0.55

$

4.18

$

2.48

Diluted earnings per share

$

1.99

$

0.55

$

4.15

$

2.46

Schedule of repurchase of shares of common stock

Three Months Ended September 30, 

Nine Months Ended September 30, 

(in thousands, except per share amounts)

    

2022

    

2021

    

2022

    

2021

Amount paid or accrued to repurchase shares

$

2,342

$

52,555

$

25,955

$

59,058

Number of shares repurchased

 

34

 

605

 

346

 

677

Average repurchase price per share

$

69.39

$

86.93

$

75.07

$

87.30