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Dividends and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Dividends and Earnings Per Share  
Schedule of cash dividends paid or declared

Declaration Date

    

Record Date

    

Date Paid

    

Amount Per Share

February 26, 2019

March 29, 2019

April 15, 2019

$

0.06

May 3, 2019

June 28, 2019

July 15, 2019

0.06

August 2, 2019

September 30, 2019

October 15, 2019

0.06

October 31, 2019

December 31, 2019

January 15, 2020

0.06

February 21, 2020

March 31, 2020

April 15, 2020

0.06

May 1, 2020

June 30, 2020

July 15, 2020

0.06

July 31, 2020

September 30, 2020

October 15, 2020

0.06

November 5, 2020

December 31, 2020

January 15, 2021

0.06

February 19, 2021

March 31, 2021

April 15, 2021

0.06

May 4, 2021

June 30, 2021

July 15, 2021

0.06

August 3, 2021

September 30, 2021

October 15, 2021

0.06

November 3, 2021

December 31, 2021

January 14, 2022

0.06

Schedule of computation of basic and diluted earnings per share

The table below presents the computation of basic and diluted earnings per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except per share amounts):

Year Ended December 31, 

 

2021

    

2020

    

2019

Numerator:

Net income attributable to Primoris

$

115,611

$

104,974

$

82,327

Denominator:

Weighted average shares for computation of basic earnings per share:

 

52,674

 

48,303

 

50,784

Dilutive effect of shares issued to independent directors

 

3

 

5

 

3

Dilutive effect of RSUs

 

484

 

325

 

297

Weighted average shares for computation of diluted earnings per share

 

53,161

 

48,633

 

51,084

Earnings per share attributable to Primoris:

Basic

$

2.19

$

2.17

$

1.62

Diluted

$

2.17

$

2.16

$

1.61