EX-3
from 10-Q
1 page
MYR Group Inc. Exhibit 11 Schedule of Computation of Net Income Per Share (In Thousands, Except Per Share Data) Period Ended June 30 Three Months Six Months 1996 1995 1996 1995 Primary Income Per Share Net Income $ 909 $ 1,005 $ 1,075 $ 1,257 Weighted Average Number of Common Shares Outstanding During the Period 3,198 3,173 3,191 3,173 Add - Common Equivalent Shares (Determined Using the "Treasury Stock" Method) Representing Shares Issuable Upon Exercise of the Common Stock Equivalents 241 199 232 195 Weighted Average Number of Shares for Income Per Common Share 3,439 3,372 3,423 3,368 Income Per Common Share - Primary $ 0.26 $ 0.30 $ 0.31 $ 0.38 Fully Diluted Income Per Share Net Income $ 909 $ 1,005 $ 1,075 $ 1,257 Add Interest on Subordinated Convertible Debentures, Net of Tax 59 58 119 116 $ 968 $ 1,063 $ 1,194 $ 1,373 Weighted Average Number of Common Shares Outstanding During the Period 3,198 3,173 3,191 3,173 Add -Common Equivalent Shares (Determined Using the "Treasury Stock" Method) Representing Shares Issuable Upon Exercise of the Common Stock Equivalents 259 199 259 195 -Shares Assumed Converted From Subordinated Convertible Debentures 600 600 600 600 4,057 3,972 4,050 3,968 Income Per Common Share - Fully Diluted $ .24 $ .26 $ .29 $ .34
12/34/56
