v3.23.3
Earnings per Share (Tables)
9 Months Ended
Sep. 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 September 30, 2023 and 2022 are as follows:

 

 

Three months ended September 30,

 

(in thousands)

 

2023

 

 

2022

 

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 Net income attributable to CECO Environmental Corp.

 

$

3,330

 

 

$

1,943

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,772

 

 

 

34,456

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

529

 

 

 

415

 

Diluted weighted-average shares outstanding

 

 

35,301

 

 

 

34,871

 

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

 

 

Nine months ended September 30,

 

(in thousands)

 

2023

 

 

2022

 

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 Net income attributable to CECO Environmental Corp.

 

$

9,032

 

 

$

9,122

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,612

 

 

 

34,791

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

604

 

 

 

244

 

Diluted weighted-average shares outstanding

 

 

35,216

 

 

 

35,035