Earnings Per Share

3 Months Ended

Mar. 31, 2022

Calculation of Basic and Diluted Earnings per Common Share

The following table summarizes our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three months ended March 31, 2022 and 2021 (in thousands, except share and per share data):


	For the three months ended March 31,
	2022		2021
Numerator:
Net income attributable to EMCOR Group, Inc. common stockholders	$	73,386	$	84,774
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share	52,713,005		54,896,548
Effect of dilutive securities—Share-based awards	203,554		238,756
Shares used to compute diluted earnings per common share	52,916,559		55,135,304

Basic earnings per common share	$	1.39	$	1.54

Diluted earnings per common share	$	1.39	$	1.54

The number of share-based awards excluded from the computation of diluted EPS for the three months ended March 31, 2022 because they would be anti-dilutive were 62,481. There were no anti-dilutive share-based awards outstanding for the three months ended March 31, 2021.