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Selected Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Information (Unaudited)  
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