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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, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement and Statement of Comprehensive Income [Abstract]        
Sales $ 419,249 $ 387,314 $ 1,271,556 $ 1,074,537
Cost of sales 293,687 275,681 889,101 763,758
Gross profit 125,562 111,633 382,455 310,779
Selling, general and administrative expenses 89,706 85,094 273,720 236,761
Income from operations 35,856 26,539 108,735 74,018
Other expense (income), net 1,234 1,565 522 2,941
Interest expense 12,684 6,833 36,068 17,610
Income before income taxes 21,938 18,141 72,145 53,467
Provision for income tax expense 5,766 5,097 19,339 13,402
Net income 16,172 13,044 52,806 40,065
Net loss attributable to noncontrolling interest 0 (885) 0 (938)
Net income attributable to DXP Enterprises, Inc. 16,172 13,929 52,806 41,003
Preferred stock dividend 22 22 67 67
Net income attributable to common shareholders 16,150 13,907 52,739 40,936
Net income 16,172 13,044 52,806 40,065
Foreign currency translation adjustments (844) (1,156) (87) (3,078)
Comprehensive income $ 15,328 $ 11,888 $ 52,719 $ 36,987
Earnings per share (Note 9):        
Basic (in dollars per share) $ 0.98 $ 0.74 $ 3.08 $ 2.19
Diluted (in dollars per share) $ 0.93 $ 0.71 $ 2.94 $ 2.10
Weighted average common shares outstanding:        
Basic (in shares) 16,516 18,820 17,104 18,712
Diluted (in shares) 17,356 19,660 17,944 19,552