EARNINGS PER SHARE DATA

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Basic:
Weighted average shares outstanding	18,766		19,291		18,651		19,239
Net income attributable to DXP Enterprises, Inc.	$	14,433	$	8,119	$	27,074	$	8,490
Convertible preferred stock dividend	22		22		45		45
Net income attributable to common shareholders	$	14,411	$	8,097	$	27,029	$	8,445
Per share amount	$	0.77	$	0.42	$	1.45	$	0.44

Diluted:
Weighted average shares outstanding	18,766		19,291		18,651		19,239
Assumed conversion of convertible preferred stock	840		840		840		840
Total dilutive shares	19,606		20,131		19,491		20,079
Net income attributable to common shareholders	$	14,411	$	8,097	$	27,029	$	8,445
Convertible preferred stock dividend	22		23		45		45
Net income attributable to DXP Enterprises, Inc.	$	14,433	$	8,120	$	27,074	$	8,490
Per share amount	$	0.74	$	0.41	$	1.39	$	0.42