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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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						Six months ended
		June 30,						June 30,
(in thousands, except per share data)		2020			2019			2020			2019

Numerator:
Net income attributable to MYR Group Inc.		$	13,385		$	7,207		$	23,317		$	14,560

Denominator:
Weighted average common shares outstanding			16,685			16,600			16,656			16,557
Weighted average dilutive securities			80			104			95			125
Weighted average common shares outstanding, diluted			16,765			16,704			16,751			16,682

Income per common share attributable to MYR Group Inc.:
Basic		$	0.80		$	0.43		$	1.40		$	0.88
Diluted		$	0.80		$	0.43		$	1.39		$	0.87

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				Six months ended
		June 30,				June 30,
(in thousands)		2020		2019		2020		2019

Time-vested stock awards		44		—		—		—
Performance awards		110		73		110		73