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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenues $ 68,693 $ 64,380
Related party - cost of revenues 0 1,497
Cost of revenues 56,151 48,745
Gross profit 12,542 14,138
Selling, general and administrative expense 9,616 10,456
Gain on sale of business (7,157) 0
Depreciation and amortization 511 532
Operating income 9,572 3,150
Interest expense 530 390
Other expense (income), net 7 (58)
Income before income tax expense 9,035 2,818
Income tax expense 1,854 1,041
Net income 7,181 1,777
Net income attributable to non-controlling interest (554) (911)
Net income attributable to SPAR Group, Inc. $ 6,627 $ 866
Basic income per common share attributable to SPAR Group, Inc. (in dollars per share) $ 0.28 $ 0.04
Diluted income per common share attributable to SPAR Group, Inc. (in dollars per share) $ 0.28 $ 0.04
Weighted-average common shares outstanding – basic (in shares) 23,817 23,114
Weighted-average common shares outstanding – diluted (in shares) 24,013 23,279
Net income $ 7,181 $ 1,777
Other comprehensive income    
Foreign currency translation adjustments (2,520) 177
Comprehensive income 4,661 1,954
Comprehensive (income) loss attributable to non-controlling interest 490 (1,003)
Comprehensive income attributable to SPAR Group, Inc. $ 5,151 $ 951