XML 43 R33.htm IDEA: XBRL DOCUMENT v3.22.1

Dividends and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Dividends and Earnings Per Share

Schedule of cash dividends paid or declared

We paid cash dividends during 2022 and 2021 as follows:

​

​	​	​	​	​	​	​	​
Declaration Date		Record Date		Date Paid		Amount Per Share
February 19, 2021	​	March 31, 2021	​	April 15, 2021	​	$	0.06
May 4, 2021	​	June 30, 2021	​	July 15, 2021	​	​	0.06
August 3, 2021	​	September 30, 2021	​	October 15, 2021	​	​	0.06
November 3, 2021	​	December 31, 2021	​	January 14, 2022	​	​	0.06
February 24, 2022	​	March 31, 2022	​	April 15, 2022	​	​	0.06

Schedule of computation of basic and diluted earnings per share

The table below presents the computation of basic and diluted earnings per share for the three months ended March 31, 2022 and 2021 (in thousands, except per share amounts).

​	​	​	​	​	​	​	​
​	​	Three Months Ended March 31,					​
​		2022			2021
Numerator:	​	​	​	​	​	​	​
Net (loss) income	​	$	(1,674)	​	$	5,848	​
​	​	​	​	​	​	​	​
Denominator:	​	​	​	​	​	​	​
Weighted average shares for computation of basic earnings per share:	​		53,240	​		49,503	​
Dilutive effect of shares issued to independent directors (1)	​		—	​		5	​
Dilutive effect of Restricted Stock Units ("RSUs") (1)	​		—	​		518	​
Weighted average shares for computation of diluted earnings per share	​		53,240	​		50,026	​
​	​	​	​	​	​	​	​
(Loss) earnings per share:	​	​	​	​	​	​	​
Basic	​	$	(0.03)	​	$	0.12	​
Diluted	​	$	(0.03)	​	$	0.12	​

​

(1) The dilutive effect of shares issued to independent directors and restricted stock units of 6 and 546, respectively, for the three months ended March 31, 2022, were excluded from the weighted average diluted shares outstanding for the three months ended March 31, 2022, as their inclusion would be anti-dilutive.

X

- References

No definition available.

+ Details

Name:	prim_DividendsAndEarningsPerShareAbstract
Namespace Prefix:	prim_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

+ References

No definition available.

+ Details

Name:	us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration