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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement and Statement of Comprehensive Income [Abstract]        
Sales $ 387,314 $ 289,494 $ 1,074,537 $ 820,772
Cost of sales 275,681 202,551 763,758 576,921
Gross profit 111,633 86,943 310,779 243,851
Selling, general and administrative expenses 85,094 75,758 236,761 211,587
Income from operations 26,539 11,185 74,018 32,264
Other expense (income) 1,565 (450) 2,941 (985)
Interest expense 6,833 5,264 17,610 15,844
Income before income taxes 18,141 6,371 53,467 17,405
Provision for income tax expense (benefit) 5,097 (565) 13,402 2,380
Net income 13,044 6,936 40,065 15,025
Net loss attributable to noncontrolling interest (885) (189) (938) (590)
Net income attributable to DXP Enterprises, Inc. 13,929 7,125 41,003 15,615
Preferred stock dividend 22 23 67 68
Net income attributable to common shareholders 13,907 7,102 40,936 15,547
Net income 13,044 6,936 40,065 15,025
Currency translation adjustments (1,156) (2,703) (3,078) 477
Comprehensive income $ 11,888 $ 4,233 $ 36,987 $ 15,502
Earnings per share (Note 10) :        
Basic (in dollars per share) $ 0.74 $ 0.38 $ 2.19 $ 0.82
Diluted (in dollars per share) $ 0.71 $ 0.36 $ 2.10 $ 0.78
Weighted average common shares outstanding :        
Basic (in shares) 18,820 18,710 18,712 19,060
Diluted (in shares) 19,660 19,550 19,552 19,900