Dividends and Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 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
February 21, 2017	March 31, 2017	April 15, 2017	$	0.055
May 5, 2017	June 30, 2017	July 14, 2017	$	0.055
August 2, 2017	September 29, 2017	October 14, 2017	$	0.055
November 2, 2017	December 29, 2017	January 15, 2018	$	0.060

Schedule of computation of basic and diluted earnings per share

The table below presents the computation of basic and diluted earnings per share for the years ended December 31, 2017, 2016 and 2015 follows (in thousands, except per share amounts):

	2017		2016		2015
Numerator:
Net income attributable to Primoris	$	72,354	$	26,723	$	36,872
Denominator:
Weighted average shares for computation of basic earnings per share		51,481		51,762		51,647
Dilutive effect of shares issued to independent directors		3		3		2
Dilutive effect of restricted stock units (1)		257		224		149
Weighted average shares for computation of diluted earnings per share		51,741		51,989		51,798
Earnings per share attributable to Primoris:
Basic	$	1.41	$	0.52	$	0.71
Diluted	$	1.40	$	0.51	$	0.71

Represents the effect of the grant of 259,065 shares of Restricted Stock Units and 3,097 vested Dividend Equivalent Units.