EARNINGS PER SHARE DATA

6 Months Ended

Jun. 30, 2017

EARNINGS PER SHARE DATA [Abstract]

EARNINGS PER SHARE DATA

NOTE 12 - EARNINGS PER SHARE DATA

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,
	2017		2016		2017		2016
Basic:
Weighted average shares outstanding		17,404		14,503		17,406		14,494
Net income attributable to DXP Enterprises, Inc.	$	4,135	$	5,170	$	7,268	$	58
Convertible preferred stock dividend		22		22		45		45
Net income attributable to common shareholders	$	4,113	$	5,148	$	7,223	$	13
Per share amount	$	0.24	$	0.36	$	0.42	$	0.00
Diluted:
Weighted average shares outstanding		17,404		14,503		17,406		14,494
Assumed conversion of convertible preferred stock		840		840		840		840
Total dilutive shares		18,244		15,343		18,246		15,334
Net income attributable to common shareholders	$	4,113	$	5,148	$	7,223	$	13
Convertible preferred stock dividend		22		22		45		45
Net income attributable to DXP Enterprises, Inc. for diluted earnings per share	$	4,135	$	5,170	$	7,268	$	58
Per share amount	$	0.23	$	0.34	$	0.40	$	0.00