CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
Mar. 31, 2022	Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue	$ 784,384	$ 818,329
Cost of revenue	727,898	738,148
Gross profit	56,486	80,181
Selling, general and administrative expenses	55,455	53,432
Transaction and related costs	323	13,896
Operating income	708	12,853
Other income (expense):
Foreign exchange (loss) gain, net	(116)	23
Other expense, net	(9)	(5)
Interest expense, net	(2,876)	(4,636)
(Loss) income before benefit (provision) for income taxes	(2,293)	8,235
Benefit (provision) for income taxes	619	(2,387)
Net income attributable to Primoris	$ (1,674)	$ 5,848
Dividends per common share (in dollars per share)	$ 0.06	$ 0.06
(Loss) earnings per share:
Basic (in dollars per share)	(0.03)	0.12
Diluted (in dollars per share)	$ (0.03)	$ 0.12
Weighted average common shares outstanding:
Basic (in shares)	53,240	49,503
Diluted (in shares)	53,240	50,026

This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 25
-Paragraph 23
-URI http://asc.fasb.org/extlink&oid=123586518&loc=d3e1043-128460