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Condensed Consolidated Statements of Operations and Comprehensive Income (Current Period Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net revenues $ 64,380 $ 58,994
Related party - cost of revenues 1,497 2,145
Cost of revenues 48,745 45,018
Gross profit 14,138 11,831
Selling, general and administrative expense 10,456 9,254
Depreciation and amortization 532 510
Operating income 3,150 2,067
Interest expense, net 390 149
Other income, net (58) (87)
Income before income tax expense 2,818 2,005
Income tax expense 1,041 551
Net income 1,777 1,454
Net income attributable to non-controlling interest (911) (780)
Net income attributable to SPAR Group, Inc. $ 866 $ 674
Basic income per common share attributable to SPAR Group, Inc. (in dollars per share) $ 0.04 $ 0.03
Diluted income per common share attributable to SPAR Group, Inc. (in dollars per share) $ 0.04 $ 0.03
Weighted-average common shares outstanding – basic (in shares) 23,114 21,583
Weighted-average common shares outstanding – diluted (in shares) 23,279 21,729
Net income $ 1,777 $ 1,454
Other comprehensive income    
Foreign currency translation adjustments 177 (374)
Comprehensive income 1,954 1,080
Comprehensive (income) loss attributable to non-controlling interest (1,003) 1,196
Comprehensive income attributable to SPAR Group, Inc. $ 951 $ 2,276