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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2019
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Subsequent to the fourth quarter of fiscal 2019, the Company completed the acquisition of two companies, Turbo Machinery Repair ("Turbo") and Pumping Systems, Inc. ("PSI"). Combined, the Company paid $16.3 million consisting of $14.3 million in cash and $2.0 million in DXP common stock. On January 31, 2020, the Company completed the acquisition of Turbo, a pump and industrial equipment repair, maintenance, machining and labor services company. Turbo was funded with cash on hand. On January 2, 2020, the Company completed the acquisition of PSI, a distributor of pumps, systems and related services. The PSI acquisition was funded with cash on hand as well as issuing DXP's common stock.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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