Selected Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2017

Selected Quarterly Financial Information (Unaudited)

Selected Quarterly Financial Information (Unaudited)

Note 23—Selected Quarterly Financial Information (Unaudited)

Selected unaudited quarterly consolidated financial information is presented in the following tables (in thousands, except per share amounts):

	Year Ended December 31, 2017
	1st		2nd		3rd		4th
	Quarter		Quarter		Quarter		Quarter
Revenues	$	561,502	$	631,165	$	608,311	$	579,017
Gross profit		55,053		84,483		70,421		68,477
Net income		8,512		22,396		22,134		23,808
Net income attributable to Primoris		7,691		21,545		20,597		22,521
Earnings per share:
Basic earnings per share	$	0.15	$	0.42	$	0.40	$	0.44
Diluted earnings per share	$	0.15	$	0.42	$	0.40	$	0.44
Weighted average shares outstanding
Basic		51,594		51,437		51,441		51,449
Diluted		51,851		51,688		51,707		51,711

	Year Ended December 31, 2016
	1st		2nd		3rd		4th
	Quarter		Quarter		Quarter		Quarter
Revenues	$	430,446	$	456,811	$	507,828	$	601,863
Gross profit		39,277		43,285		50,129		68,616
Impairment of goodwill		—		—		2,716		—
Net income		2,916		5,287		4,756		14,766
Net income attributable to Primoris		2,693		5,056		4,504		14,470
Earnings per share:
Basic earnings per share	$	0.05	$	0.10	$	0.09	$	0.28
Diluted earnings per share	$	0.05	$	0.10	$	0.09	$	0.28
Weighted average shares outstanding
Basic		51,725		51,772		51,780		51,771
Diluted		51,881		52,022		52,034		52,021