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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

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)						2023						2022						2021
Numerator:
Net income						$	90,990					$	83,381					$	85,006
Less: net loss attributable to noncontrolling interest						—						—						(4)
Net income attributable to MYR Group Inc.						$	90,990					$	83,381					$	85,010
Denominator:
Weighted average common shares outstanding						16,682						16,760						16,838
Weighted average dilutive securities						155						220						323
Weighted average common shares outstanding, diluted						16,837						16,980						17,161
Net income per share attributable to MYR Group Inc.:
Basic						$	5.45					$	4.98					$	5.05
Diluted						$	5.40					$	4.91					$	4.95

Schedule of shares excluded from calculation of dilute securities

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

(in thousands)						2023						2022						2021
Performance awards						13						13						—

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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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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