Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2023

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 June 30, 2023 and 2022 are as follows:

(in thousands)	2023		2022
Numerator (for basic and diluted earnings per share)
Net income attributable to CECO Environmental Corp.	$	3,724	$	4,385
Denominator
Basic weighted-average shares outstanding		34,619		34,873
Common stock equivalents arising from stock options and restricted stock awards		525		168
Diluted weighted-average shares outstanding		35,144		35,041

The computational components of basic and diluted earnings per share for the six months ended June 30, 2023 and 2022 are as follows:

(in thousands)	2023		2022
Numerator (for basic and diluted earnings per share)
Net income attributable to CECO Environmental Corp.	$	5,701	$	7,180
Denominator
Basic weighted-average shares outstanding		34,531		34,962
Common stock equivalents arising from stock options and restricted stock awards		641		158
Diluted weighted-average shares outstanding		35,172		35,120