DXP ENTERPRISES INC

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

DXPE$156.54+11.3%Stored close · as of Nov 9, 2026

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(Note 9)

NOTE 9 -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,
	2024	2023	2024	2023
Basic earnings per share:
Weighted average shares outstanding	15,868	17,211	15,998	17,402
Net income attributable to DXP Enterprises, Inc.	$16,693	$19,054	$28,025	$36,634
Convertible preferred stock dividend	22	22	45	45
Net income attributable to common shareholders	$16,671	$19,032	$27,980	$36,589
Per share amount	$1.05	$1.11	$1.75	$2.10
Diluted earnings per share:
Weighted average shares outstanding	15,868	17,211	15,998	17,402
Assumed conversion of convertible preferred stock	840	840	840	840
Total dilutive shares	16,708	18,051	16,838	18,242
Net income attributable to common shareholders	$16,671	$19,032	$27,980	$36,589
Convertible preferred stock dividend	22	22	45	45
Net income attributable to DXP Enterprises, Inc.	$16,693	$19,054	$28,025	$36,634
Per share amount	$1.00	$1.06	$1.66	$2.01

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