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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement and Statement of Comprehensive Income [Abstract]        
Sales $ 367,812 $ 285,691 $ 687,223 $ 531,278
Cost of sales 263,550 200,413 488,076 374,370
Gross profit 104,262 85,278 199,147 156,908
Selling, general and administrative expenses 78,342 70,432 151,667 135,829
Income from operations 25,920 14,846 47,480 21,079
Other (income) expense 839 (105) 1,377 (535)
Interest expense 5,615 5,337 10,777 10,580
Income before income taxes 19,466 9,614 35,326 11,034
Provision for income taxes 4,973 1,684 8,305 2,945
Net income 14,493 7,930 27,021 8,089
Net income (loss) attributable to noncontrolling interest 60 (189) (53) (401)
Net income attributable to DXP Enterprises, Inc. 14,433 8,119 27,074 8,490
Preferred stock dividend 22 22 45 45
Net income attributable to common shareholders 14,411 8,097 27,029 8,445
Net income 14,493 7,930 27,021 8,089
Currency translation adjustments (3,591) 1,689 (1,922) 3,180
Comprehensive income $ 10,902 $ 9,619 $ 25,099 $ 11,269
Earnings per share (Note 10) :        
Basic (in dollars per share) $ 0.77 $ 0.42 $ 1.45 $ 0.44
Diluted (in dollars per share) $ 0.74 $ 0.41 $ 1.39 $ 0.42
Weighted average common shares outstanding :        
Basic (in shares) 18,766 19,291 18,651 19,239
Diluted (in shares) 19,606 20,131 19,491 20,079