10-Q Filing

MYR GROUP INC. CIK: 700923 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001104659-20-087793`
Period End Date	20200630
Filing Date	20200729
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	myrg-20200630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 106 Cash Flow Statement 74 Stockholders Equity 44

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.36M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.19M	USD	Point-in-time
Allowance for doubtful accounts associated with contract assets	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent`	$147.00K	USD	Point-in-time
Allowance for doubtful accounts associated with contract assets	`ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent`	$393.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.40M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$284.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.99M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$272.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Accounts receivable, net of allowances of $3,186 and $3,364, respectively	`AccountsReceivableNetCurrent`	$388.48M	USD	Point-in-time
Accounts receivable, net of allowances of $3,186 and $3,364, respectively	`AccountsReceivableNetCurrent`	$341.51M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$13.31M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$10.88M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract assets, net of allowances of $393 and $147, respectively	`ContractWithCustomerAssetNetCurrent`	$224.28M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contract assets, net of allowances of $393 and $147, respectively	`ContractWithCustomerAssetNetCurrent`	$217.11M	USD	Point-in-time
Current portion of receivable for insurance claims in excess of deductibles	`InsuranceSettlementsReceivableCurrent`	$6.42M	USD	Point-in-time
Current portion of receivable for insurance claims in excess of deductibles	`InsuranceSettlementsReceivableCurrent`	$9.13M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$1.97M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.81M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$639.18M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$594.92M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $284,385 and $272,865, respectively	`PropertyPlantAndEquipmentNet`	$181.71M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $284,385 and $272,865, respectively	`PropertyPlantAndEquipmentNet`	$185.34M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$24.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	16.65M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.96M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	16.71M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	16.71M	shares	Point-in-time
Goodwill	`Goodwill`	$66.06M	USD	Point-in-time
Goodwill	`Goodwill`	$66.05M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	16.65M	shares	Point-in-time
Intangible assets, net of accumulated amortization of $13,311 and $10,880, respectively	`IntangibleAssetsNetExcludingGoodwill`	$52.49M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $13,311 and $10,880, respectively	`IntangibleAssetsNetExcludingGoodwill`	$54.94M	USD	Point-in-time
Receivable for insurance claims in excess of deductibles	`InsuranceSettlementsReceivableNoncurrent`	$23.33M	USD	Point-in-time
Receivable for insurance claims in excess of deductibles	`InsuranceSettlementsReceivableNoncurrent`	$30.98M	USD	Point-in-time
Investment in joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$4.72M	USD	Point-in-time
Investment in joint ventures	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$3.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.85M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$950.09M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.74M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.19M	USD	Point-in-time
Current portion of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$6.21M	USD	Point-in-time
Current portion of operating lease obligations	`OperatingLeaseLiabilityCurrent`	$6.86M	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$893.00K	USD	Point-in-time
Current portion of finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$154.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$192.11M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$128.70M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$105.49M	USD	Point-in-time
Current portion of accrued self-insurance	`SelfInsuranceReserveCurrent`	$20.00M	USD	Point-in-time
Current portion of accrued self-insurance	`SelfInsuranceReserveCurrent`	$18.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$64.36M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$84.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$403.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$396.81M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$20.95M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$21.52M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$157.09M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$74.78M	USD	Point-in-time
Accrued self-insurance	`SelfInsuranceReserveNoncurrent`	$40.95M	USD	Point-in-time
Accrued self-insurance	`SelfInsuranceReserveNoncurrent`	$48.02M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$17.79M	USD	Point-in-time
Operating lease obligations, net of current maturities	`OperatingLeaseLiabilityNoncurrent`	$16.88M	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	$338.00K	USD	Point-in-time
Finance lease obligations, net of current maturities	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$560.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$643.40M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock-$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at June 30, 2020 and December 31, 2019	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock-$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at June 30, 2020 and December 31, 2019	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock-$0.01 par value per share; 100,000,000 authorized shares;16,708,559 and 16,648,616 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$167.00K	USD	Point-in-time
Common stock-$0.01 par value per share; 100,000,000 authorized shares;16,708,559 and 16,648,616 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$166.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$154.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$152.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-398.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-446.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$235.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$212.22M	USD	Point-in-time
Total stockholders' equity attributable to MYR Group Inc.	`StockholdersEquity`	$364.47M	USD	Point-in-time
Total stockholders' equity attributable to MYR Group Inc.	`StockholdersEquity`	$389.45M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$338.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$389.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$324.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$950.09M	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$513.05M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$448.78M	USD	1 Quarter
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.03B	USD	2 Qtrs
Contract revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$916.87M	USD	2 Qtrs
Contract costs	`CostOfGoodsAndServicesSold`	$830.83M	USD	2 Qtrs
Contract costs	`CostOfGoodsAndServicesSold`	$908.58M	USD	2 Qtrs
Contract costs	`CostOfGoodsAndServicesSold`	$451.75M	USD	1 Quarter
Contract costs	`CostOfGoodsAndServicesSold`	$405.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$86.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$43.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$122.94M	USD	2 Qtrs
Gross profit	`GrossProfit`	$61.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$41.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$66.93M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$86.25M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.94M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.47M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.43M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.20M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$735.00K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.49M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.40M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$439.00K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$926.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.04M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$35.75M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$9.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.34M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.83M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.31M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.37M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-574.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$582.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$321.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.33M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.35M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.82M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.99M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.35M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.04M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.01M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.97M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.47M	USD	1 Quarter
Net income	`ProfitLoss`	$23.32M	USD	2 Qtrs
Net income	`ProfitLoss`	$12.98M	USD	2 Qtrs
Net income	`ProfitLoss`	$13.38M	USD	1 Quarter
Net income	`ProfitLoss`	$6.62M	USD	1 Quarter
Net income	`ProfitLoss`	$6.36M	USD	1 Quarter
Net income	`ProfitLoss`	$9.93M	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-849.00K	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.58M	USD	2 Qtrs
Net income attributable to MYR Group Inc.	`NetIncomeLoss`	$13.38M	USD	1 Quarter
Net income attributable to MYR Group Inc.	`NetIncomeLoss`	$14.56M	USD	2 Qtrs
Net income attributable to MYR Group Inc.	`NetIncomeLoss`	$7.21M	USD	1 Quarter
Net income attributable to MYR Group Inc.	`NetIncomeLoss`	$23.32M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.56M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.66M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.68M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.77M	shares	1 Quarter
Net income	`ProfitLoss`	$23.32M	USD	2 Qtrs
Net income	`ProfitLoss`	$12.98M	USD	2 Qtrs
Net income	`ProfitLoss`	$13.38M	USD	1 Quarter
Net income	`ProfitLoss`	$6.62M	USD	1 Quarter
Net income	`ProfitLoss`	$6.36M	USD	1 Quarter
Net income	`ProfitLoss`	$9.93M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-123.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-39.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-200.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$48.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$48.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$87.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-200.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-77.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-123.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.24M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.36M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.78M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.35M	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-849.00K	USD	1 Quarter
Less: net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.58M	USD	2 Qtrs
Total comprehensive income attributable to MYR Group Inc.	`ComprehensiveIncomeNetOfTax`	$23.36M	USD	2 Qtrs
Total comprehensive income attributable to MYR Group Inc.	`ComprehensiveIncomeNetOfTax`	$14.36M	USD	2 Qtrs
Total comprehensive income attributable to MYR Group Inc.	`ComprehensiveIncomeNetOfTax`	$7.08M	USD	1 Quarter
Total comprehensive income attributable to MYR Group Inc.	`ComprehensiveIncomeNetOfTax`	$13.35M	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$23.32M	USD	2 Qtrs
Net income	`ProfitLoss`	$12.98M	USD	2 Qtrs
Net income	`ProfitLoss`	$13.38M	USD	1 Quarter
Net income	`ProfitLoss`	$6.62M	USD	1 Quarter
Net income	`ProfitLoss`	$6.36M	USD	1 Quarter
Net income	`ProfitLoss`	$9.93M	USD	1 Quarter
Depreciation and amortization of property and equipment	`Depreciation`	$19.71M	USD	2 Qtrs
Depreciation and amortization of property and equipment	`Depreciation`	$21.32M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.47M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.43M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.20M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$735.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.17M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.15M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$537.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$23.00K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.49M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.40M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$439.00K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$926.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-783.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-267.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$24.47M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-46.35M	USD	2 Qtrs
Contract assets, net	`IncreaseDecreaseInContractWithCustomerAsset`	$7.66M	USD	2 Qtrs
Contract assets, net	`IncreaseDecreaseInContractWithCustomerAsset`	$14.22M	USD	2 Qtrs
Receivable for insurance claims in excess of deductibles	`IncreaseDecreaseInInsuranceSettlementsReceivable`	$-4.93M	USD	2 Qtrs
Receivable for insurance claims in excess of deductibles	`IncreaseDecreaseInInsuranceSettlementsReceivable`	$-568.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.55M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.20M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-38.34M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.24M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$23.27M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.04M	USD	2 Qtrs
Accrued self insurance	`IncreaseDecreaseInSelfInsuranceReserve`	$-5.84M	USD	2 Qtrs
Accrued self insurance	`IncreaseDecreaseInSelfInsuranceReserve`	$-692.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.17M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$19.45M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.40M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.92M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.63M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.66M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.96M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.94M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.30M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.30M	USD	2 Qtrs
Net repayments under revolving lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-70.42M	USD	2 Qtrs
Net repayments under revolving lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-5.90M	USD	2 Qtrs
Borrowings under equipment notes	`ProceedsFromNotesPayable`	$24.04M	USD	2 Qtrs
Borrowings under equipment notes	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Payment of principal obligations under equipment notes	`RepaymentsOfNotesPayable`	$13.43M	USD	2 Qtrs
Payment of principal obligations under equipment notes	`RepaymentsOfNotesPayable`	$1.46M	USD	2 Qtrs
Payment of principal obligations under finance leases	`FinanceLeasePrincipalPayments`	$575.00K	USD	2 Qtrs
Payment of principal obligations under finance leases	`FinanceLeasePrincipalPayments`	$616.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$284.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$82.00K	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$778.00K	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$425.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$36.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$49.00K	USD	2 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-84.77M	USD	2 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.65M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCash`	$-258.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCash`	$98.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.15M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.41M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.40M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.99M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$12.40M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$9.99M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.47M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$338.94M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$389.45M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$324.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.99M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$23.32M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$12.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$13.38M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.62M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.36M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$9.93M	USD	1 Quarter
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.48M	USD	Point-in-time
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.47M	USD	Point-in-time
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$338.94M	USD	Point-in-time
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$389.45M	USD	Point-in-time
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$324.46M	USD	Point-in-time
Adjustment to adopt ASC 326	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.99M	USD	Point-in-time
Stock issued under compensation plans, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$82.00K	USD	1 Quarter
Stock issued under compensation plans, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$282.00K	USD	1 Quarter
Stock issued under compensation plans, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00K	USD	1 Quarter
Stock issued under compensation plans, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.09M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$951.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.08M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.20M	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$426.00K	USD	1 Quarter
Shares repurchased	`StockRepurchasedAndRetiredDuringPeriodValue`	$778.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$48.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$87.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-200.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-77.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-123.00K	USD	1 Quarter
Stock issued-other	`StockIssuedDuringPeriodValueOther`	$24.00K	USD	1 Quarter
Stock issued-other	`StockIssuedDuringPeriodValueOther`	$24.00K	USD	1 Quarter
Stock issued-other	`StockIssuedDuringPeriodValueOther`	$12.00K	USD	1 Quarter
Stock issued-other	`StockIssuedDuringPeriodValueOther`	$24.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.48M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.47M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$338.94M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$389.45M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$324.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.99M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.