Earnings Per Share

3 Months Ended

Mar. 31, 2019

Calculation of Basic and Diluted Earnings (Loss) per Common Share

The following tables summarize our calculation of Basic and Diluted Earnings (Loss) per Common Share (“EPS”) for the three months ended March 31, 2019 and 2018 (in thousands, except share and per share data):



	For the three months ended March 31,
	2019		2018
Numerator:
Income from continuing operations attributable to EMCOR Group, Inc. common stockholders	$	72,410	$	55,656
Loss from discontinued operation, net of income taxes	—		(282		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	72,410	$	55,374
Denominator:
Weighted average shares outstanding used to compute basic earnings (loss) per common share	56,168,356		58,739,115
Effect of dilutive securities—Share-based awards	255,866		325,049
Shares used to compute diluted earnings (loss) per common share	56,424,222		59,064,164
Basic earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.29	$	0.95
From discontinued operation	—		(0.00		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.29	$	0.95
Diluted earnings (loss) per common share:
From continuing operations attributable to EMCOR Group, Inc. common stockholders	$	1.28	$	0.94
From discontinued operation	—		(0.00		)
Net income attributable to EMCOR Group, Inc. common stockholders	$	1.28	$	0.94

The number of outstanding share-based awards that were excluded from the computation of diluted EPS for the three months ended March 31, 2019 and 2018 because they would be anti-dilutive were 2,150 and 20,675, respectively.