XML 57 R42.htm IDEA: XBRL DOCUMENT v3.22.4
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of weighted average number of common shares used to compute basic and dilute earnings per share
Net income attributable to MYR Group Inc. and the weighted average number of common shares used to compute basic and diluted earnings per share was as follows:
For the Year ended December 31,
(in thousands, except per share data)202220212020
Numerator:
Net income$83,381 $85,006 $58,759 
Less: net loss attributable to noncontrolling interest— (4)— 
Net income attributable to MYR Group Inc.$83,381 $85,010 $58,759 
Denominator:
Weighted average common shares outstanding16,760 16,838 16,684 
Weighted average dilutive securities220 323 206 
Weighted average common shares outstanding, diluted16,980 17,161 16,890 
Net income per share attributable to MYR Group Inc.:
Basic$4.98 $5.05 $3.52 
Diluted$4.91 $4.95 $3.48 
Schedule of shares excluded from calculation of dilute securities The following table summarizes the shares of common stock underlying the Company’s unvested performance awards that were excluded from the calculation of dilutive securities:
(in thousands)202220212020
Performance awards13 — 34