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Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Number of Shares Outstanding for Calculation of Earnings Per Share

The computational components of basic and diluted earnings per share for the three months ended September 30, 2024 and 2023 are as follows:

 

 

Three months ended September 30,

 

(in thousands)

 

2024

 

 

2023

 

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 Net income attributable to CECO Environmental Corp.

 

$

2,086

 

 

$

3,330

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,967

 

 

 

34,772

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

1,522

 

 

 

529

 

Diluted weighted-average shares outstanding

 

 

36,489

 

 

 

35,301

 

The computational components of basic and diluted earnings per share for the nine months ended September 30, 2024 and 2023 are as follows:

 

 

Nine months ended September 30,

 

(in thousands)

 

2024

 

 

2023

 

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 Net income attributable to CECO Environmental Corp.

 

$

8,079

 

 

$

9,032

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,910

 

 

 

34,612

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

1,413

 

 

 

604

 

Diluted weighted-average shares outstanding

 

 

36,323

 

 

 

35,216