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QUARTERLY FINANCIAL INFORMATION (unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (unaudited)
QUARTERLY FINANCIAL INFORMATION (unaudited)

Summarized quarterly financial information for the years ended December 31, 2018, 2017 and 2016 is as follows (in millions, except per share data):
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2018
 
 
 
 
 
 
 
Sales
$
285.9

 
$
311.2

 
$
308.0

 
$
311.0

Gross profit
76.4

 
85.1

 
84.1

 
86.6

Net income
4.5

 
11.6

 
8.4

 
11.1

Net income attributable to DXP Enterprises, Inc.
4.6

 
11.6

 
8.4

 
11.1

Earnings per share - basic
0.26

 
0.66

 
0.48

 
0.63

Earnings per share - diluted
$
0.25

 
$
0.63

 
$
0.46

 
$
0.60

2017
 

 
 

 
 

 
 

Sales
$
238.5

 
$
250.7

 
$
251.9

 
$
265.7

Gross profit
64.5

 
68.9

 
67.0

 
71.2

Net income
3.1

 
4.1

 
3.0

 
6.6

Net income attributable to DXP Enterprises, Inc.
3.0

 
4.0

 
2.9

 
6.6

Earnings per share - basic
0.18

 
0.24

 
0.17

 
0.38

Earnings per share - diluted
$
0.17

 
$
0.23

 
$
0.16

 
$
0.37

2016
 

 
 

 
 

 
 

Sales
$
253.6

 
$
256.2

 
$
230.0

 
$
222.3

Gross profit
68.8

 
71.6

 
63.8

 
60.6

Net income (loss)
(5.2
)
 
5.1

 
0.1

 
7.1

Net income (loss) attributable to DXP Enterprises, Inc.
(5.1
)
 
5.1

 
0.2

 
7.4

Earnings (loss) per share - basic
(0.36
)
 
0.36

 
0.02

 
0.44

Earnings (loss) per share - diluted
$
(0.36
)
 
$
0.34

 
$
0.02

 
$
0.42



The sum of the individual quarterly earnings per share amounts may not agree with year-to-date earnings per share as each quarter’s computation is based on the weighted average number of shares outstanding during the quarter, the weighted average stock price during the quarter and the dilutive effects of the stock options and restricted stock in each quarter.