Earnings Per Share

12 Months Ended

Dec. 31, 2019

EARNINGS PER SHARE

The following tables summarize our calculation of Basic and Diluted Earnings (Loss) per Common Share (“EPS”) for the years ended December 31, 2019, 2018, and 2017 (in thousands, except share and per share data):



	2019		2018			2017
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	325,140	$	285,876		$	228,053
Loss from discontinued operation, net of income taxes	—		(2,345		)	(857		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	325,140	$	283,531		$	227,196
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	56,208,280		58,112,838			59,254,256
Effect of dilutive securities—Share-based awards	311,001		330,629			364,713
Shares used to compute diluted earnings (loss) per common share	56,519,281		58,443,467			59,618,969
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	5.78	$	4.92		$	3.85
From discontinued operation	—		(0.04		)	(0.01		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	5.78	$	4.88		$	3.84
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	5.75	$	4.89		$	3.83
From discontinued operation	—		(0.04		)	(0.01		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	5.75	$	4.85		$	3.82

The number of outstanding share-based awards excluded from the computation of diluted EPS for the years ended December 31, 2019, 2018, and 2017 because they would be anti-dilutive were 4,800, 550, and 2,700, respectively.