Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

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 were as follows:


	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands, except per share data)	2019		2018		2019		2018

Numerator:
Net income attributable to MYR Group Inc.	$	10,355	$	7,957	$	24,915	$	20,436

Denominator:
Weighted average common shares outstanding		16,614		16,492		16,576		16,423
Weighted average dilutive securities		100		138		116		157
Weighted average common shares outstanding, diluted		16,714		16,630		16,692		16,580

Income per common share attributable to MYR Group Inc.:
Basic	$	0.62	$	0.48	$	1.50	$	1.24
Diluted	$	0.62	$	0.48	$	1.49	$	1.23

Schedule of shared excluded from calculation of dilute securities

The following table summarizes the shares of common stock underlying the Company’s unexercised stock options, unvested time-vested stock awards and unvested performance awards that were excluded from the calculation of dilutive securities:


	Three months ended		Nine months ended
	September 30,		September 30,
(in thousands)	2019	2018	2019	2018

Time-vested stock awards	—	1	—	1
Performance awards	30	2	73	68