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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
18. Quarterly Financial Data (Unaudited)
The following table presents the unaudited consolidated operating results by quarter for the years ended December 31, 2018 and 2017:
 
 
 
For the Three Months Ended
 
(in thousands, except per share data)
 
March 31,
 
 
June 30,
 
 
September 30,
 
 
December 31,
(a)
 
2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
345,611
 
 
$
339,676
 
 
$
399,537
 
 
$
446,345
 
Gross profit
 
 
35,753
 
 
 
38,630
 
 
 
45,286
 
 
 
47,391
 
Net income attributable to MYR Group
 
 
5,644
 
 
 
6,835
 
 
 
7,957
 
 
 
10,651
 
Basic earnings per share attributable to MYR Group
 
$
0.35
 
 
$
0.42
 
 
$
0.48
 
 
$
0.65
 
Diluted earnings per share attributable to MYR Group
 
$
0.34
 
 
$
0.41
 
 
$
0.48
 
 
$
0.64
 
2017:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
300,129
 
 
$
356,185
 
 
$
373,502
 
 
$
373,501
 
Gross profit
 
 
25,740
 
 
 
27,517
 
 
 
34,853
 
 
 
36,894
 
Net income attributable to MYR Group
 
 
1,200
 
 
 
1,230
 
 
 
5,145
 
 
 
13,579
 
Basic earnings per share attributable to MYR Group
 
$
0.07
 
 
$
0.08
 
 
$
0.32
 
 
$
0.83
 
Diluted earnings per share attributable to MYR Group
 
$
0.07
 
 
$
0.07
 
 
$
0.31
 
 
$
0.82
 
 
(a)  Results for the fourth quarter of 2017 include a net 2017 Tax Act benefit of $7.8 million, or $0.48 and $0.47 per basic and diluted share, respectively.
 
      Earnings per share amounts for each quarter are required to be computed independently using the weighted average number of shares outstanding during the period. As a result, the sum of the individual quarterly earnings per share amounts may not agree to the earnings per share calculated for the year.