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Earnings Per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Calculation of Basic and Diluted Earnings per Common Share
The following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three and nine months ended September 30, 2024 and 2023 (in thousands, except share and per share data):
For the three months ended
September 30,
 20242023
Numerator:
Net income attributable to EMCOR Group, Inc.$270,263 $169,409 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share46,394,857 47,173,974 
Effect of dilutive securities—Share-based awards193,903 224,223 
Shares used to compute diluted earnings per common share46,588,760 47,398,197 
Basic earnings per common share$5.83 $3.59 
Diluted earnings per common share$5.80 $3.57 

For the nine months ended
September 30,
 20242023
Numerator:
Net income attributable to EMCOR Group, Inc.$714,984 $421,477 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share46,829,458 47,446,298 
Effect of dilutive securities—Share-based awards186,614 196,465 
Shares used to compute diluted earnings per common share47,016,072 47,642,763 
Basic earnings per common share$15.27 $8.88 
Diluted earnings per common share$15.21 $8.85 
There were no anti-dilutive share-based awards for the three months ended September 30, 2024. The number of share-based awards excluded from the computation of diluted EPS for the nine months ended September 30, 2024 because they would be anti-dilutive were 8,950. The number of share-based awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2023 because they would be anti-dilutive were 400 and 800, respectively.