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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share.

Schedule of weighted average number of common shares used to compute basic and dilute earnings per share

Net income attributable to MYR Group Inc. and the weighted average number of common shares used to compute basic and diluted earnings per share was as follows:

		For the Year Ended December 31,
(in thousands, except per share data)		2019			2018			2017
Numerator:
Net income		$	36,214		$	31,294		$	21,154
Less: net income (loss) attributable to noncontrolling interest			(1,476)			207			—
Net income attributable to MYR Group Inc.		$	37,690		$	31,087		$	21,154
Denominator:
Weighted average common shares outstanding			16,587			16,441			16,273
Weighted average dilutive securities			112			144			223
Weighted average common shares outstanding, diluted			16,699			16,585			16,496
Net income per share attributable to MYR Group Inc.:
Basic		$	2.27		$	1.89		$	1.30
Diluted		$	2.26		$	1.87		$	1.28

Schedule of shared excluded from calculation of dilute securities

The following table summarizes the shares of common stock underlying the Company’s unvested time-vested and performance awards that were excluded from the calculation of dilutive securities:

(in thousands)		2019		2018		2017
Time-vested stock awards		—		1		44
Performance awards		73		67		97

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
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- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
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