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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, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement and Statement of Comprehensive Income [Abstract]        
Sales $ 428,040 $ 367,812 $ 852,307 $ 687,223
Cost of sales 296,188 263,550 595,414 488,076
Gross profit 131,852 104,262 256,893 199,147
Selling, general and administrative expenses 94,372 78,342 184,014 151,667
Income from operations 37,480 25,920 72,879 47,480
Other (income) expense, net (242) 839 (712) 1,377
Interest expense 11,863 5,615 23,384 10,777
Income before income taxes 25,859 19,466 50,207 35,326
Provision for income tax expense 6,805 4,973 13,573 8,305
Net income 19,054 14,493 36,634 27,021
Net income (loss) attributable to noncontrolling interest 0 60 0 (53)
Net income attributable to DXP Enterprises, Inc. 19,054 14,433 36,634 27,074
Preferred stock dividend 22 22 45 45
Net income attributable to common shareholders 19,032 14,411 36,589 27,029
Net income 19,054 14,493 36,634 27,021
Currency translation adjustments 659 (3,591) 757 (1,922)
Comprehensive income $ 19,713 $ 10,902 $ 37,391 $ 25,099
Earnings per share (Note 9):        
Basic (in dollars per share) $ 1.11 $ 0.77 $ 2.10 $ 1.45
Diluted (in dollars per share) $ 1.06 $ 0.74 $ 2.01 $ 1.39
Weighted average common shares outstanding:        
Basic (in shares) 17,211 18,766 17,402 18,651
Diluted (in shares) 18,051 19,606 18,242 19,491