XML 44 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Dividends and Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2015
Dividends and Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

Three months
ended March 31,

 

 

 

2015

 

2014

 

Numerator:

 

 

 

 

 

Net income attributable to Primoris

 

$
1,672 

 

$
10,833 

 

Denominator:

 

 

 

 

 

Weighted average shares for computation of basic earnings per share

 
51,572 

 
51,610 

 

Dilutive effect of shares issued to independent directors

 
5 

 

—

 

Dilutive effect of unvested restricted stock units and vested dividend equivalent units (1)

 
149 

 
104 

 

Weighted average shares for computation of diluted earnings per share

 
51,726 

 
51,714 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

Basic

 

$
0.03 

 

$
0.21 

 

Diluted

 

$
0.03 

 

$
0.21 

 

 

(1)

Represents the dilutive effect of a grant for 100,000 shares of Units on May 3, 2013 and 48,512 shares of Units on March 24, 2014 and the effect of 168 vested Dividend Equivalent Units as of March 31, 2015.