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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME      
Contract revenues $ 2,071,159 $ 1,531,169 $ 1,403,317
Contract costs 1,857,001 1,364,109 1,278,313
Gross profit 214,158 167,060 125,004
Selling, general and administrative expenses 156,674 118,737 98,611
Amortization of intangible assets 3,849 1,843 499
Gain on sale of property and equipment (3,543) (3,832) (3,664)
Income from operations 57,178 50,312 29,558
Other income (expense):      
Interest income 4 24 4
Interest expense (6,225) (3,652) (2,603)
Other income (expense), net (515) (3,616) (2,319)
Income before income tax expense 50,442 43,068 24,640
Income tax expense 14,228 11,774 3,486
Net income 36,214 31,294 21,154
Less: net income (loss) attributable to noncontrolling interest (1,476) 207 0
Net income attributable to MYR Group Inc. $ 37,690 $ 31,087 $ 21,154
Income per common share attributable to MYR Group Inc.:      
Basic (in dollars per share) $ 2.27 $ 1.89 $ 1.30
Diluted (in dollars per share) $ 2.26 $ 1.87 $ 1.28
Weighted average number of common shares and potential common shares outstanding:      
Basic (in shares) 16,587 16,441 16,273
Diluted (in shares) 16,699 16,585 16,496
Net income $ 36,214 $ 31,294 $ 21,154
Other comprehensive income (loss):      
Foreign currency translation adjustment (253) 106 134
Other comprehensive income (loss) (253) 106 134
Total comprehensive income 35,961 31,400 21,288
Less: net income (loss) attributable to noncontrolling interest (1,476) 207 0
Total comprehensive income attributable to MYR Group Inc. $ 37,437 $ 31,193 $ 21,288