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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Revenue $ 865,064 $ 908,902 $ 2,316,551 $ 2,061,808
Cost of revenue 756,643 802,397 2,075,139 1,839,324
Gross profit 108,421 106,505 241,412 222,484
Selling, general and administrative expenses 49,827 51,604 141,477 132,049
Merger and related costs   3,827   13,190
Operating income 58,594 51,074 99,935 77,245
Other income (expense):        
Foreign exchange (loss) gain (136) (69) (724) 1,444
Other income (expense), net (2,928) 32 (3,121) (751)
Interest income 42 932 610 1,544
Interest expense (5,186) (6,448) (17,494) (11,637)
Income before provision for income taxes 50,386 45,521 79,206 67,845
Provision for income taxes (14,560) (10,716) (22,620) (14,633)
Net income 35,826 34,805 56,586 53,212
Less net income attributable to noncontrolling interests (178) (2,114) (1,204) (8,118)
Net income attributable to Primoris $ 35,648 $ 32,691 $ 55,382 $ 45,094
Dividends per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18
Earnings per share:        
Basic (in dollars per share) 0.70 0.64 1.09 0.88
Diluted (in dollars per share) $ 0.70 $ 0.63 $ 1.08 $ 0.87
Weighted average common shares outstanding:        
Basic (in shares) 50,976 51,403 50,887 51,471
Diluted (in shares) 51,215 51,735 51,210 51,760