XML 27 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
BUSINESS ACQUISITIONS (Details) (USD $)
3 Months Ended 0 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Jan. 02, 2014
May 01, 2014
Purchase price allocation [Abstract]          
Cash $ 3,344,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents        
Accounts Receivable, net 57,104,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables        
Inventory 8,994,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory        
Property and equipment 15,130,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment        
Goodwill and intangibles 267,817,000dxpe_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwillAndIntangibles [1]        
Other assets 1,850,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets        
Assets acquired 354,239,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets        
Current liabilities assumed 30,026,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities        
Non-current liabilities assumed 15,992,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities        
Net assets acquired 308,221,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet        
Goodwill acquired 253,312,000us-gaap_Goodwill 253,312,000us-gaap_Goodwill      
Goodwill impairment expense   117,600,000us-gaap_GoodwillImpairmentLoss      
Pro Forma Information [Abstract]          
Net sales 341,594,000us-gaap_BusinessAcquisitionsProFormaRevenue   358,304,000us-gaap_BusinessAcquisitionsProFormaRevenue    
Net income 9,651,000us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss   11,876,000us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss    
Per share data [Abstract]          
Basic earnings (in dollars per share) $ 0.67us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic   $ 0.81us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic    
Diluted earnings (in dollars per share) $ 0.63us-gaap_BusinessAcquisitionProFormaEarningsPerShareDiluted   $ 0.76us-gaap_BusinessAcquisitionProFormaEarningsPerShareDiluted    
Business acquired in 2014 [Member]          
Purchase price allocation [Abstract]          
Maximum period of information after acquisition date for revision in estimates 1 year        
Sales from business acquisitions 43,700,000us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
/ us-gaap_StatementScenarioAxis
= dxpe_BusinessAcquiredInYearTwoMember
       
Earnings (loss) before taxes from business acquisitions 1,400,000us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
/ us-gaap_StatementScenarioAxis
= dxpe_BusinessAcquiredInYearTwoMember
       
Minimum [Member]          
Purchase price allocation [Abstract]          
Discount rate for valuation of acquired intangibles (in hundredths)   10.00%us-gaap_FairValueInputsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
     
Maximum [Member]          
Purchase price allocation [Abstract]          
Discount rate for valuation of acquired intangibles (in hundredths)   13.50%us-gaap_FairValueInputsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
     
B27, LLC [Member]          
Purchase price allocation [Abstract]          
Cash 2,538,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Accounts Receivable, net 51,448,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Inventory 6,472,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Property and equipment 14,573,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Goodwill and intangibles 259,412,000dxpe_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwillAndIntangibles
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
[1]        
Other assets 1,791,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Assets acquired 336,234,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Current liabilities assumed 26,690,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Non-current liabilities assumed 15,992,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Net assets acquired 293,552,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Purchase price       293,600,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Number of shares issued on acquisition (in shares)       36,000us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Goodwill acquired       178,300,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Goodwill impairment expense   105,300,000us-gaap_GoodwillImpairmentLoss
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
     
Intangible assets acquired       81,100,000us-gaap_IntangibleAssetsNetExcludingGoodwill
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Purchase price financed under common stock issued       4,000,000us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Transaction cost       1,000,000us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Nontax deductible goodwill or intangible assets       154,600,000dxpe_BusinessAcquisitionGoodwillNotExpectedTaxDeductibleAmount
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
 
Discount rate for valuation of acquired intangibles (in hundredths) 13.50%us-gaap_FairValueInputsDiscountRate
/ us-gaap_BusinessAcquisitionAxis
= dxpe_B27LlcMember
       
Machinery Tooling and Supply LLC [Member]          
Purchase price allocation [Abstract]          
Cash 806,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Accounts Receivable, net 5,656,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Inventory 2,522,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Property and equipment 557,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Goodwill and intangibles 8,405,000dxpe_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwillAndIntangibles
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
[1]        
Other assets 59,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Assets acquired 18,005,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Current liabilities assumed 3,336,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Non-current liabilities assumed 0us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Net assets acquired 14,669,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
       
Purchase price         14,700,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
Goodwill acquired         4,300,000us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
Intangible assets acquired         $ 4,100,000us-gaap_IntangibleAssetsNetExcludingGoodwill
/ us-gaap_BusinessAcquisitionAxis
= dxpe_MachineryToolingAndSupplyLlcMember
[1] The amounts in the table above do not reflect the $105.3 million of goodwill impairment charges for B27 recorded in the fourth quarter of 2014.