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 March 31,
	2026		2025
Basic earnings per share:
Weighted average shares outstanding	15,531		15,698
Net income attributable to DXP Enterprises, Inc.	$	19,978	$	20,589
Convertible preferred stock dividend	23		23
Net income attributable to common shareholders	$	19,955	$	20,566
Per share amount	$	1.28	$	1.31

Diluted earnings per share:
Weighted average shares outstanding	15,531		15,698
Assumed conversion of convertible preferred stock	840		840
Total dilutive shares	16,371		16,538
Net income attributable to common shareholders	$	19,955	$	20,566
Convertible preferred stock dividend	23		23
Net income attributable to DXP Enterprises, Inc.	$	19,978	$	20,589
Per share amount	$	1.22	$	1.25