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Earnings Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The following tables summarize our calculation of Basic and Diluted Earnings (Loss) per Common Share (“EPS”) for the years ended December 31, 2012, 2011 and 2010 (in thousands, except share and per share data):
 
 
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Income (loss) from continuing operations attributable to EMCOR Group, Inc. common stockholders
$
146,584

 
$
121,743

 
$
(85,842
)
Income (loss) from discontinued operation

 
9,083

 
(849
)
Net income (loss) attributable to EMCOR Group, Inc. available to common stockholders
$
146,584

 
$
130,826

 
$
(86,691
)
Denominator:
 
 
 
 
 
Weighted average shares outstanding used to compute basic earnings per common share
66,701,869

 
66,780,093

 
66,393,782

Effect of dilutive securities—Share-based awards
1,036,549

 
1,595,409

 

Shares used to compute diluted earnings (loss) per common share
67,738,418

 
68,375,502

 
66,393,782

Basic earnings (loss) per common share:
 
 
 
 
 
From continuing operations attributable to EMCOR Group, Inc. common stockholders
$
2.20

 
$
1.82

 
$
(1.30
)
From discontinued operation

 
0.14

 
(0.01
)
Net income (loss) attributable to EMCOR Group, Inc. available to common stockholders
$
2.20

 
$
1.96

 
$
(1.31
)
Diluted earnings (loss) per share:
 
 
 
 
 
From continuing operations attributable to EMCOR Group, Inc. common stockholders
$
2.16

 
$
1.78

 
$
(1.30
)
From discontinued operation

 
0.13

 
(0.01
)
Net income (loss) attributable to EMCOR Group, Inc. available to common stockholders
$
2.16

 
$
1.91

 
$
(1.31
)
The number of options granted to purchase shares of our common stock that were excluded from the computation of diluted EPS for the years ended December 31, 2012 and 2011 because they would be anti-dilutive were 140,096 and 321,443, respectively. The effect of 1,645,098 of common stock equivalents have been excluded from the calculation of diluted EPS for the year ended December 31, 2010 due to our net loss position in this period. Assuming dilution, there were 301,347 anti-dilutive stock options excluded from the calculation of diluted EPS for the year ended December 31, 2010.