Earnings Per Share

Calculation of Basic and Diluted Earnings (Loss) per Common Share

The following tables summarize our calculation of Basic and Diluted Earnings (Loss) per Common Share (“EPS”) for the three and six months ended June 30, 2018 and 2017 (in thousands, except share and per share data):



	For the three months ended June 30,
	2018			2017
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	71,021		$	56,776
Loss from discontinued operation, net of income taxes	(205		)	(18		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	70,816		$	56,758
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	58,332,934			59,290,420
Effect of dilutive securities—Share-based awards	337,661			348,641
Shares used to compute diluted earnings (loss) per common share	58,670,595			59,639,061
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.22		$	0.96
From discontinued operation	(0.00		)	(0.00		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.22		$	0.96
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.21		$	0.95
From discontinued operation	(0.00		)	(0.00		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.21		$	0.95



	For the six months ended June 30,
	2018			2017
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	126,677		$	109,920
Loss from discontinued operation, net of income taxes	(487		)	(522		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	126,190		$	109,398
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	58,531,150			59,527,863
Effect of dilutive securities—Share-based awards	331,355			345,553
Shares used to compute diluted earnings (loss) per common share	58,862,505			59,873,416
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	2.16		$	1.85
From discontinued operation	(0.01		)	(0.01		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	2.15		$	1.84
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	2.15		$	1.84
From discontinued operation	(0.01		)	(0.01		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	2.14		$	1.83

The number of outstanding share-based awards that were excluded from the computation of diluted EPS for the three and six months ended June 30, 2018 because they would be anti-dilutive were 500 and 550, respectively. The number of outstanding share-based awards that were excluded from the computation of diluted EPS for the three and six months ended June 30, 2017 because they would be anti-dilutive were 47,200 and zero, respectively.