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EARNINGS PER SHARE DATA | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE DATA | 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 June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Basic: |  |  |  |  |  |  |
Weighted average shares outstanding | 18,766 |  |  | 19,291 |  |  | 18,651 |  |  | 19,239 |
Net income attributable to DXP Enterprises, Inc. | $ | 14,433 |  |  | $ | 8,119 |  |  | $ | 27,074 |  |  | $ | 8,490 |
Convertible preferred stock dividend | 22 |  |  | 22 |  |  | 45 |  |  | 45 |
Net income attributable to common shareholders | $ | 14,411 |  |  | $ | 8,097 |  |  | $ | 27,029 |  |  | $ | 8,445 |
Per share amount | $ | 0.77 |  |  | $ | 0.42 |  |  | $ | 1.45 |  |  | $ | 0.44 |
Diluted: |  |  |  |  |  |  |
Weighted average shares outstanding | 18,766 |  |  | 19,291 |  |  | 18,651 |  |  | 19,239 |
Assumed conversion of convertible preferred stock | 840 |  |  | 840 |  |  | 840 |  |  | 840 |
Total dilutive shares | 19,606 |  |  | 20,131 |  |  | 19,491 |  |  | 20,079 |
Net income attributable to common shareholders | $ | 14,411 |  |  | $ | 8,097 |  |  | $ | 27,029 |  |  | $ | 8,445 |
Convertible preferred stock dividend | 22 |  |  | 23 |  |  | 45 |  |  | 45 |
Net income attributable to DXP Enterprises, Inc. | $ | 14,433 |  |  | $ | 8,120 |  |  | $ | 27,074 |  |  | $ | 8,490 |
Per share amount | $ | 0.74 |  |  | $ | 0.41 |  |  | $ | 1.39 |  |  | $ | 0.42 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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