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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data (Unaudited)  
Schedule of unaudited consolidated operating results by quarter

The following table presents the unaudited consolidated operating results by quarter for the years ended December 31, 2019 and 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

(in thousands, except per share data)

    

March 31, 

    

June 30, 

    

September 30, 

    

December 31,

2019:  

 

 

  

 

 

  

 

 

  

 

 

  

Revenues

 

$

468,094

 

$

448,776

 

$

583,214

 

$

571,075

Gross profit

 

 

42,876

 

 

43,163

 

 

59,197

 

 

68,922

Net income attributable to MYR Group

 

 

7,353

 

 

7,207

 

 

10,355

 

 

12,775

Basic earnings per share attributable to MYR Group(1)

 

$

0.45

 

$

0.43

 

$

0.62

 

$

0.77

Diluted earnings per share attributable to MYR Group(1)

 

$

0.44

 

$

0.43

 

$

0.62

 

$

0.76

2018:  

 

 

  

 

 

  

 

 

  

 

 

  

Revenues

 

$

345,611

 

$

339,676

 

$

399,537

 

$

446,345

Gross profit

 

 

35,753

 

 

38,630

 

 

45,286

 

 

47,391

Net income attributable to MYR Group

 

 

5,644

 

 

6,835

 

 

7,957

 

 

10,651

Basic earnings per share attributable to MYR Group(1)

 

$

0.35

 

$

0.42

 

$

0.48

 

$

0.65

Diluted earnings per share attributable to MYR Group(1)

 

$

0.34

 

$

0.41

 

$

0.48

 

$

0.64


(1)

Earnings per share amounts for each quarter are required to be computed independently using the weighted average number of shares outstanding during the period. As a result, the sum of the individual quarterly earnings per share amounts may not agree to the earnings per share calculated for the year.