Company: DXPE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050322
Chunk: 51

Company: DXP ENTERPRISES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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130,330 $38,543 $16,653 $185,526 $(79,435)$106,091 Interest expense— — — — 46,644 46,644 Other income, net— — — — (2,844)(2,844)Income (loss) before income taxes$130,330 $38,543 $16,653 $185,526 $(123,235)$62,291 Capital expenditures$3,089 $2,564 $13 $5,666 $10,007 $15,673 (1). Other primarily includes selling, general and administrative expenses of $63.0 million and amortization of intangible assets of $14.3 million.The following table sets forth total assets related to the Company's segments (in thousands): September 30, 2025December 31, 2024Service Centers$816,858 $764,533 Innovative Pumping Solutions322,587 311,429 Supply Chain Services90,383 62,760 Total Reportable Segments Assets$1,229,828 $1,138,722 Corporate 214,626 210,772 Total Assets$1,444,454 $1,349,494 

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NOTE 12 - BUSINESS ACQUISITIONS

The Company enters into strategic acquisitions in an effort to better service existing customers and to attract new customers.The Company makes an initial allocation of the purchase price at the date of acquisition based upon its estimate of the fair value of the acquired assets and assumed liabilities. The Company obtains the information used for the purchase price allocation during due diligence and through other sources. The Company will reflect measurement period adjustments, if any, in the period in which the adjustments are recognized. Final determination of the fair values may result in further adjustments.During the first quarter of 2025, the Company acquired one business for a total of $13.0 million. The Company acquired this business to expand its platforms and to maintain its leading position as the largest distributor of rotating equipment in North America.During the second quarter of 2025, the Company acquired one business for a total of $1.0 million. The Company acquired this business to expand its geographic coverage and to maintain its leading position as the largest distributor of rotating equipment in North America.During the third quarter of 2025, the Company acquired one business for a total