XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS (unaudited) [Abstract]        
Sales $ 230,025 $ 303,080 $ 739,801 $ 968,362
Cost of sales 166,205 217,374 535,560 693,308
Gross profit 63,820 85,706 204,241 275,054
Selling, general and administrative expense 58,887 75,082 192,461 232,336
Impairment of goodwill and other intangible assets 0 58,888 0 58,888
B27 settlement 0 7,348 0 7,348
Income (loss) from operations 4,933 (55,612) 11,780 (23,518)
Other expense (income), net (251) 327 (397) (67)
Interest expense 4,338 2,630 11,698 7,905
Income (loss) before income taxes 846 (58,569) 479 (31,356)
Provision (benefit) for income taxes 664 (5,885) 459 4,510
Net income (loss) 182 (52,684) 20 (35,866)
Net loss attributable to noncontrolling interest (81) (249) (301) (249)
Net income (loss) attributable to DXP Enterprises, Inc. 263 (52,435) 321 (35,617)
Preferred stock dividend 23 23 68 68
Net income (loss) attributable to common shareholders 240 (52,458) 253 (35,685)
Net income (loss) 182 (52,684) 20 (35,866)
Cumulative translation adjustment (19) (168) (409) 4,603
Comprehensive income (loss) $ 201 $ (52,516) $ 429 $ (40,469)
Basic earnings (loss) per share attributable to DXP Enterprises, Inc. (in dollars per share) $ 0.02 $ (3.64) $ 0.02 $ (2.48)
Weighted average common shares outstanding (in shares) 14,600 14,422 14,529 14,394
Diluted earnings (loss) per share attributable to DXP Enterprises, Inc. (in dollars per share) $ 0.02 $ (3.64) $ 0.02 $ (2.48)
Weighted average common shares and common equivalent shares outstanding (in shares) 15,440 14,422 15,369 14,394