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EARNINGS PER SHARE DATA
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE DATA
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
March 31,
 
2019
 
2018
Basic:
 
 
 
Weighted average shares outstanding
17,566

 
17,901

Net income attributable to DXP Enterprises, Inc.
$
7,291

 
$
4,551

Convertible preferred stock dividend
23

 
23

Net income attributable to common shareholders
$
7,268

 
$
4,528

Per share amount
$
0.41

 
$
0.25

 
 
 
 
Diluted:
 
 
 
Weighted average shares outstanding
17,566

 
17,901

Assumed conversion of convertible preferred stock
840

 
840

Total dilutive shares
18,406

 
18,741

Net income attributable to common shareholders
$
7,268

 
$
4,528

Convertible preferred stock dividend
23

 
23

Net income attributable to DXP Enterprises, Inc.
$
7,291

 
$
4,551

Per share amount
$
0.40

 
$
0.24