DXP ENTERPRISES INC

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

About this filing

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.

Sep 30, 2024 · Filed Nov 7, 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 September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Basic earnings per share:
Weighted average shares outstanding	15,750	16,516	15,915	17,104
Net income attributable to DXP Enterprises, Inc.	$21,101	$16,172	$49,126	$52,806
Convertible preferred stock dividend	23	22	68	67
Net income attributable to common shareholders	$21,078	$16,150	$49,058	$52,739
Per share amount	$1.34	$0.98	$3.08	$3.08
Diluted earnings per share:
Weighted average shares outstanding	15,750	16,516	15,915	17,104
Assumed conversion of convertible preferred stock	840	840	840	840
Total dilutive shares	16,590	17,356	16,755	17,944
Net income attributable to common shareholders	$21,078	$16,150	$49,058	$52,739
Convertible preferred stock dividend	23	22	68	67
Net income attributable to DXP Enterprises, Inc.	$21,101	$16,172	$49,126	$52,806
Per share amount	$1.27	$0.93	$2.93	$2.94

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