XML 56 R41.htm IDEA: XBRL DOCUMENT v3.20.4

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

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)						2020						2019						2018
Numerator:
Net income						$	58,759					$	36,214					$	31,294
Less: net income (loss) attributable to noncontrolling interest						—						(1,476)						207
Net income attributable to MYR Group Inc.						$	58,759					$	37,690					$	31,087
Denominator:
Weighted average common shares outstanding						16,684						16,587						16,441
Weighted average dilutive securities						206						112						144
Weighted average common shares outstanding, diluted						16,890						16,699						16,585
Net income per share attributable to MYR Group Inc.:
Basic						$	3.52					$	2.27					$	1.89
Diluted						$	3.48					$	2.26					$	1.87

Schedule of Shares 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)						2020						2019						2018
Time-vested stock awards						—						—						1
Performance awards						34						73						67

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration