Schedule of selected unaudited quarterly consolidated financial information |
Selected unaudited quarterly consolidated financial information is presented in the following tables (in thousands, except per share amounts): | | | | | | | | | | | | | | | | Year Ended December 31, 2019 | | | | 1st | | 2nd | | 3rd | | 4th | | | | Quarter | | Quarter | | Quarter | | Quarter | | Revenue | | $ | 661,558 | | $ | 789,929 | | $ | 865,064 | | $ | 789,778 | | Gross profit | | $ | 52,460 | | $ | 80,531 | | $ | 108,421 | | $ | 89,514 | | Net income | | $ | 2,936 | | $ | 17,824 | | $ | 35,826 | | $ | 27,511 | | Net income attributable to Primoris | | $ | 1,947 | | $ | 17,787 | | $ | 35,648 | | $ | 26,945 | | | | | | | | | | | | | | | | Earnings per share: | | | | | | | | | | | | | | Basic earnings per share | | $ | 0.04 | | $ | 0.35 | | $ | 0.70 | | $ | 0.53 | | Diluted earnings per share | | $ | 0.04 | | $ | 0.35 | | $ | 0.70 | | $ | 0.53 | | | | | | | | | | | | | | | | Weighted average shares outstanding | | | | | | | | | | | | | | Basic | | | 50,770 | | | 50,912 | | | 50,976 | | | 50,478 | | Diluted | | | 51,188 | | | 51,228 | | | 51,215 | | | 50,711 | |
| | | | | | | | | | | | | | | | Year Ended December 31, 2018 | | | | 1st | | 2nd | | 3rd | | 4th | | | | Quarter | | Quarter | | Quarter | | Quarter | | Revenue | | $ | 504,119 | | $ | 648,787 | | $ | 908,902 | | $ | 877,670 | | Gross profit | | $ | 44,560 | | $ | 71,419 | | $ | 106,505 | | $ | 103,253 | | Net income | | $ | 4,216 | | $ | 14,191 | | $ | 34,805 | | $ | 34,381 | | Net income attributable to Primoris | | $ | 688 | | $ | 11,715 | | $ | 32,691 | | $ | 32,367 | | | | | | | | | | | | | | | | Earnings per share: | | | | | | | | | | | | | | Basic earnings per share | | $ | 0.01 | | $ | 0.23 | | $ | 0.64 | | $ | 0.63 | | Diluted earnings per share | | $ | 0.01 | | $ | 0.23 | | $ | 0.63 | | $ | 0.63 | | | | | | | | | | | | | | | | Weighted average shares outstanding | | | | | | | | | | | | | | Basic | | | 51,479 | | | 51,531 | | | 51,403 | | | 50,993 | | Diluted | | | 51,747 | | | 51,793 | | | 51,735 | | | 51,397 | |
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