XML 27 R15.htm IDEA: XBRL DOCUMENT v3.25.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
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,
 2025202420252024
Basic earnings per share:  
Weighted average shares outstanding15,694 15,868 15,696 15,998 
Net income attributable to DXP Enterprises, Inc.$23,612 $16,693 $44,201 $28,025 
Convertible preferred stock dividend22 22 45 45 
Net income attributable to common shareholders$23,590 $16,671 $44,156 $27,980 
Per share amount$1.50 $1.05 $2.81 $1.75 
Diluted earnings per share:
Weighted average shares outstanding15,694 15,868 15,696 15,998 
Assumed conversion of convertible preferred stock840 840 840 840 
Total dilutive shares16,534 16,708 16,536 16,838 
Net income attributable to common shareholders$23,590 $16,671 $44,156 $27,980 
Convertible preferred stock dividend22 22 45 45 
Net income attributable to DXP Enterprises, Inc. $23,612 $16,693 $44,201 $28,025 
Per share amount$1.43 $1.00 $2.67 $1.66 

As of June 30, 2025 and 2024, the weighted average of the unvested restricted stock awards ("RSAs") were 258,121 and 300,872 shares, respectively. The preferred stock is convertible into 840,000 shares of common stock.