Company: DXPE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001020710-25-000137
Chunk: 93

Company: DXP ENTERPRISES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 93
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NOTE 14 - SUPPLEMENTAL CASH FLOW INFORMATION

Six Months Ended June 30,(in thousands)20252024Supplemental disclosures of cash flow information:Cash paid for interest$26,698 $29,140 Cash paid for income taxes33,948 15,456 Non-cash investing and financing activities:Treasury shares repurchase accruals$(28)$— 

NOTE 15 - OTHER INCOME AND EXPENSES

The components of other (income) expense were as follows:Three Months Ended June 30,Six Months Ended June 30,(in thousands)2025202420252024Interest income(765)(1,192)(1,797)(3,065)Change in fair value of contingent consideration545 (111)728 (305)Other, net(134)268 (603)366 Total(354)(1,035)(1,672)(3,004)

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NOTE 16 - REVENUE

The Company disaggregates revenue based upon our geography and our reportable segments - Service Centers, Innovative Pumping Solutions and Supply Chain Services. Each of our geographic and reportable business segments are impacted and influenced by varying factors, including the macroeconomic environment, maintenance and capital spending and commodity prices and exploration and production activity. As such, we believe this information is important in depicting the nature, timing and uncertainty of our contracts with customers. The following Geographical Information and Note 11 - Segment Reporting present our revenue disaggregated by source.Geographical InformationRevenues are presented in geographic area based on location of the facility shipping products or providing services. The Company’s revenues by geographical location are as follows:Three Months Ended June 30,Six Months Ended June 30,(in thousands)2025202420252024RevenuesUnited States$478,864 $423,621 $936,104 $818,500 Canada19,369 21,144 38,357 38,219 Other449 791 790 1,472 Total$498,682 $445,556 $975,251 $858,191 

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Recent AcquisitionsWe define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded in our calculation of Organic Sales.The following tables sets forth the disaggregation of revenue from sales associated with