Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Number of Shares Outstanding for Calculation of Earnings Per Share

The computational components of basic and diluted earnings per share for the three months ended September 30, 2022 and 2021 are as follows:

	Three months ended September 30,
(in thousands)	2022		2021
Numerator (for basic and diluted earnings per share)
Net income (loss) attributable to CECO Environmental Corp.	$	1,943	$	(1,249	)
Denominator
Basic weighted-average shares outstanding		34,456		35,472
Common stock equivalents arising from stock options and restricted stock awards		415		—
Diluted weighted-average shares outstanding		34,871		35,472

The computational components of basic and diluted earnings per share for the nine months ended September 30, 2022 and 2021 are as follows:

	Nine months ended September 30,
(in thousands)	2022		2021
Numerator (for basic and diluted earnings per share)
Net income attributable to CECO Environmental Corp.	$	9,122	$	224
Denominator
Basic weighted-average shares outstanding		34,791		35,463
Common stock equivalents arising from stock options and restricted stock awards		244		267
Diluted weighted-average shares outstanding		35,035		35,730