MYR GROUP INC. MYRG Income Statement

Myr group inc. (MYRG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Contract revenues
518,470	571,075	583,214	448,776	468,094	446,345	399,537	339,676	345,611	373,501	373,502	356,185	300,129	343,660	283,259	261,934	253,634	271,184	269,861	276,488	244,148	250,979	248,473	228,877	215,638	254,581	232,890	213,916	201,342	247,763	250,558	260,410	240,228	234,263	210,489	185,310	150,294	152,767	140,285
Contract costs
456,838	502,153	524,017	405,613	425,218	398,954	354,251	301,046	309,858	336,607	338,649	328,668	274,389	301,716	249,196	230,499	226,353	238,573	241,241	244,752	214,774	208,897	215,749	198,349	188,558	220,743	200,407	182,663	174,039	214,847	220,986	230,348	214,125	209,638	190,676	165,771	128,705	135,731	123,572
Gross profit
61,632	68,922	59,197	43,163	42,876	47,391	45,286	38,630	35,753	36,894	34,853	27,517	25,740	41,944	34,063	31,435	27,281	32,611	28,620	31,736	29,374	42,082	32,724	30,528	27,080	33,838	32,483	31,253	27,303	32,916	29,572	30,062	26,103	24,625	19,813	19,539	21,589	17,036	16,713
Selling, general and administrative expenses
45,046	48,076	41,667	33,944	32,987	30,079	31,210	29,168	28,280	23,994	23,814	25,024	25,779	26,845	23,203	22,517	23,859	22,673	18,974	18,947	18,592	19,551	19,282	18,110	16,875	18,091	19,576	16,144	16,007	17,503	15,639	14,515	15,918	15,602	13,523	13,698	13,953	11,023	11,048
Amortization of intangible assets
1,228	961	1,419	735	734	864	743	119	117	-94	195	210	188	195	188	292	211	320	84	84	83	84	83	83	84	84	84	83	84	84	84	83	84	84	84	83	84	84	83
Gain on sale of property and equipment
1,050	995	1,151	926	471	963	804	1,014	1,051	1,062	576	1,319	707	262	467	516	96	683	357	319	898	23	48	60	11	123	256	336	178	312	387	193	127	446	428	229	71	278	256
Income from operations
16,408	20,880	17,262	9,410	9,626	17,411	14,137	10,357	8,407	14,056	11,420	3,602	480	15,166	11,139	9,142	3,307	10,301	9,919	13,024	11,597	22,470	13,407	12,395	10,132	15,786	13,079	15,362	11,390	15,641	14,236	15,657	10,228	9,385	6,634	5,987	7,623	6,207	5,838
Other income (expense):
Interest income
2	-	0	-	0	-	13	-	-	0	0	3	1	0	0	1	4	2	8	8	7	16	57	30	3	6	0	0	3	-	-	1	-	5	5	14	29	14	12
Interest expense
1,513	4,063	2,125	-1,168	1,205	2,700	1,014	-783	721	810	685	594	514	466	408	242	183	195	180	187	179	188	179	177	178	190	175	179	183	98	368	204	182	81	93	160	210	398	208
Other income (expense), net
-895	-921	-922	582	746	-1,598	-2,292	25	249	-2,531	-1,413	751	874	1,246	-417	-52	108	-175	438	-31	-58	-2	2	108	54	-12	2	-22	5	-76	-87	-32	-27	-28	-21	-10	-22	-31	-53
Income before provision for income taxes
14,002	18,236	14,215	8,824	9,167	14,690	10,844	9,599	7,935	10,715	9,322	3,762	841	15,946	10,314	8,849	3,236	9,933	10,185	12,814	11,367	22,296	13,287	12,356	10,011	15,590	12,906	15,161	11,215	15,468	13,781	15,422	10,019	9,281	6,525	5,831	7,420	5,792	5,589
Income tax expense
4,070	5,461	3,754	2,466	2,547	3,834	2,885	2,764	2,291	-2,864	4,177	2,532	-359	8,148	4,168	3,349	1,249	4,052	4,010	4,740	4,195	8,169	4,883	4,615	3,739	5,568	4,591	5,699	4,255	5,697	5,035	5,887	3,809	3,421	2,304	2,114	2,920	1,891	2,236
Less: net loss attributable to noncontrolling interest
0	0	106	-849	-733	205	2	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to MYR Group Inc.
9,932	13,508	10,461	7,207	7,353	10,649	7,959	6,835	5,644	13,579	5,145	1,230	1,200	7,798	6,146	5,500	1,987	5,881	6,175	8,074	7,172	14,127	8,404	7,741	6,272	10,022	8,315	9,462	6,960	9,771	8,746	9,535	6,210	5,860	4,221	3,717	4,500	3,901	3,353
Income per common share attributable to MYR Group Inc.:
Basic (in dollars per share)
0.60	0.77	0.62	0.43	0.45	0.64	0.48	0.42	0.35	0.83	0.32	0.08	0.07	0.44	0.39	0.32	0.10	0.29	0.30	0.39	0.35	0.67	0.40	0.36	0.30	0.48	0.39	0.45	0.33	0.49	0.42	0.46	0.30	0.27	0.21	0.19	0.23	0.20	0.17
Diluted (in dollars per share)
0.59	0.77	0.62	0.43	0.44	0.64	0.48	0.41	0.34	0.83	0.31	0.07	0.07	0.44	0.38	0.31	0.10	0.29	0.29	0.38	0.34	0.65	0.39	0.36	0.29	0.47	0.38	0.44	0.32	0.45	0.41	0.45	0.29	0.28	0.20	0.18	0.21	0.19	0.16
Weighted average number of common shares and potential common shares outstanding:
Basic (in shares)
16,627	16,620	16,614	16,600	16,514	16,496	16,492	16,455	16,321	16,305	16,314	16,312	16,161	15,956	15,805	17,354	19,321	20,198	20,788	20,760	20,562	20,549	20,988	21,115	21,036	20,978	20,860	20,785	20,661	20,516	20,410	20,338	20,300	20,297	20,265	20,059	19,983	19,915	19,868
Diluted (in shares)
16,742	16,720	16,714	16,704	16,658	16,598	16,630	16,592	16,520	16,555	16,474	16,503	16,452	16,354	16,177	17,679	19,634	20,671	21,214	21,215	21,052	21,199	21,521	21,631	21,513	21,564	21,452	21,397	21,311	21,321	21,186	21,094	21,087	21,019	21,041	20,978	20,934	20,776	20,791
Net income
9,932	12,775	10,461	6,358	6,620	10,856	7,959	6,835	5,644	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
9,932	12,775	10,355	7,207	7,353	10,651	7,957	6,835	5,644	13,579	5,145	1,230	1,200	7,798	6,146	5,500	1,987	5,881	6,175	8,074	7,172	14,127	8,404	7,741	6,272	10,022	8,315	9,462	6,960	9,771	8,746	9,535	6,210	5,860	4,221	3,717	4,500	3,901	-
Other comprehensive income (loss):
Foreign currency translation adjustment
87	-54	1	-123	-77	129	-22	16	-17	-82	206	59	-49	-519	19	32	-81	61	50	-8	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
87	-54	1	-123	-77	129	-22	16	-17	-82	206	59	-49	-519	19	32	-81	61	50	-8	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income
10,019	12,721	10,462	6,235	6,543	10,985	7,937	6,851	5,627	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: net loss attributable to noncontrolling interest
0	0	106	-849	-733	205	2	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income attributable to MYR Group Inc.
10,019	12,721	10,356	7,084	7,276	10,780	7,935	6,851	5,627	13,497	5,351	1,289	1,151	7,279	6,165	5,532	1,906	5,942	6,225	8,066	7,172	-	8,404	7,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-