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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2023
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, 

    

2023

    

2022

    

2023

    

2022

Income from continuing operations

$

33,651

$

74,873

$

92,858

$

156,546

Less: income from continuing operations attributable to noncontrolling interest

 

 

9

 

 

16

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

$

33,651

$

74,864

$

92,858

$

156,530

Basic weighted-average common shares outstanding

 

37,575

 

37,379

 

37,541

 

37,482

Dilutive effect of stock awards

 

279

 

251

 

301

 

243

Diluted weighted-average common shares outstanding

 

37,854

 

37,630

 

37,842

 

37,725

EPS from continuing operations

 

  

 

  

 

  

 

  

Basic EPS

$

0.90

$

2.00

$

2.47

$

4.18

Diluted EPS

$

0.89

$

1.99

$

2.45

$

4.15

Anti-dilutive shares not included above

Stock awards

27

121

84

58

Warrants

3,180

3,180

Convertible Notes

1,448

1,448

Total anti-dilutive shares

4,655

121

4,712

58

Schedule of repurchase of shares of common stock

Three Months Ended September 30, 

Nine Months Ended September 30, 

(in thousands, except per share amounts)

    

2023

    

2022

    

2023

    

2022

Amount paid or accrued to repurchase shares

$

40,000

$

2,342

$

40,000

$

25,955

Number of shares repurchased

 

378

 

34

 

378

 

346

Average repurchase price per share

$

105.74

$

69.39

$

105.74

$

75.07