Dividends and Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Dividends and Earnings Per Share

Schedule of cash dividends paid or declared

Declaration Date	Record Date	Payable Date	Amount Per Share
February 22, 2016	March 31, 2016	April 15, 2016	$	0.055
May 2, 2016	June 30, 2016	July 15, 2016	$	0.055
August 3, 2016	September 30, 2016	October 14, 2016	$	0.055
November 2, 2016	December 31, 2016	January 16, 2017	$	0.055
March 21, 2017	March 31, 2017	April 15, 2017	$	0.055
May 5, 2017	June 30, 2017	July 14, 2017	$	0.055

Schedule of computation of basic and diluted earnings per share

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Numerator:
Net income attributable to Primoris	$	21,545	$	5,056	$	29,236	$	7,749
Denominator (shares in thousands):
Weighted average shares for computation of basic earnings per share		51,437		51,772		51,515		51,749
Dilutive effect of shares issued to independent directors		—		—		3		3
Dilutive effect of restricted stock units (1)		251		250		253		198
Weighted average shares for computation of diluted earnings per share		51,688		52,022		51,771		51,950
Earnings per share attributable to Primoris:
Basic	$	0.42	$	0.10	$	0.57	$	0.15
Diluted	$	0.42	$	0.10	$	0.56	$	0.15

(1) Represents the dilutive effect of a grant of 259,065 Units and 2,378 vested Dividend Equivalent Units.