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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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 were as follows:

		Three months ended
		March 31,
(in thousands, except per share data)		2020			2019
Numerator:
Net income attributable to MYR Group Inc.		$	9,932		$	7,353
Denominator:
Weighted average common shares outstanding			16,627			16,514
Weighted average dilutive securities			115			144
Weighted average common shares outstanding, diluted			16,742			16,658
Income per common share attributable to MYR Group Inc.:
Basic		$	0.60		$	0.45
Diluted		$	0.59		$	0.44

Schedule of shared excluded from calculation of dilute securities

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

		Three months ended
		March 31,
(in thousands)		2020		2019
Time-vested stock awards		—		68
Performance awards		30		73

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- References

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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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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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
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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