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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONSOLIDATED STATEMENTS OF INCOME        
Revenue $ 608,311 $ 507,828 $ 1,800,978 $ 1,395,085
Cost of revenue 537,890 457,699 1,591,021 1,262,394
Gross profit 70,421 50,129 209,957 132,691
Selling, general and administrative expenses 42,559 35,994 128,390 101,150
Impairment of goodwill   2,716   2,716
Operating income 27,862 11,419 81,567 28,825
Other income (expense):        
Investment income 6,066   6,066  
Foreign exchange gain (loss) 167 (92) 299 288
Other expense (39) (278) (52) (278)
Interest income 228 31 411 122
Interest expense (2,198) (2,246) (6,605) (6,754)
Income before provision for income taxes 32,086 8,834 81,686 22,203
Provision for income taxes (9,952) (4,078) (28,644) (9,244)
Net income 22,134 4,756 53,042 12,959
Less net income attributable to noncontrolling interests (1,537) (252) (3,209) (706)
Net income attributable to Primoris $ 20,597 $ 4,504 $ 49,833 $ 12,253
Dividends per common share (in dollars per share) $ 0.055 $ 0.055 $ 0.17 $ 0.17
Earnings per share:        
Basic (in dollars per share) 0.40 0.09 0.97 0.24
Diluted (in dollars per share) $ 0.40 $ 0.09 $ 0.96 $ 0.24
Weighted average common shares outstanding:        
Basic (in shares) 51,441 51,780 51,491 51,759
Diluted (in shares) 51,707 52,034 51,751 51,978