Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Calculation of Basic and Diluted Earnings (Loss) per Common Share

The following tables summarize our calculation of Basic and Diluted Earnings (Loss) per Common Share (“EPS”) for the three and six months ended June 30, 2015 and 2014 (in thousands, except share and per share data):

	For the three months ended June 30,
	2015			2014
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	46,963		$	41,348
Loss from discontinued operation, net of income taxes	(114		)	(1,435		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	46,849		$	39,913
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	62,809,699			67,294,498
Effect of dilutive securities—Share-based awards	520,554			705,863
Shares used to compute diluted earnings (loss) per common share	63,330,253			68,000,361
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	0.75		$	0.61
From discontinued operation	$	(0.00	)	$	(0.02	)
Net income attributable to EMCOR Group, Inc. common stockholders	$	0.75		$	0.59
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	0.74		$	0.61
From discontinued operation	$	(0.00	)	$	(0.02	)
Net income attributable to EMCOR Group, Inc. common stockholders	$	0.74		$	0.59

	For the six months ended June 30,
	2015			2014
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	80,167		$	84,650
Loss from discontinued operation, net of income taxes	(469		)	(3,476		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	79,698		$	81,174
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	62,932,295			67,242,392
Effect of dilutive securities—Share-based awards	536,327			758,358
Shares used to compute diluted earnings (loss) per common share	63,468,622			68,000,750
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.27		$	1.26
From discontinued operation	$	(0.01	)	$	(0.05	)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.26		$	1.21
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.26		$	1.24
From discontinued operation	$	(0.01	)	$	(0.05	)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.25		$	1.19

The number of outstanding restricted stock units that were excluded from the computation of diluted EPS for the three and six months ended June 30, 2015 because they would be anti-dilutive were zero and 35,625, respectively. There were no anti-dilutive awards for the three and six months ended June 30, 2014.