Company: EME
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000105634-25-000078
Chunk: 99

Company: EMCOR Group, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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 Operating lease right-of-use assets3,115 Other assets28,787 Assets held for sale$161,164 Liabilities:Accounts payable$23,406 Contract liabilities34,341 Accrued payroll and benefits12,472 Other accrued expenses and liabilities50,477 Operating lease liabilities, current1,103 Operating lease liabilities, long-term2,445 Other long-term obligations12,521 Liabilities held for sale$136,765 

NOTE 5 - Earnings Per Share

Calculation of Basic and Diluted Earnings per Common ShareThe following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three and nine months ended September 30, 2025 and 2024 (in thousands, except share and per share data): For the three months endedSeptember 30, 20252024Numerator:Net income$295,373 $270,263 Denominator:Weighted average shares outstanding used to compute basic earnings per common share44,794,790 46,394,857 Effect of dilutive securities—Share-based awards173,518 193,903 Shares used to compute diluted earnings per common share44,968,308 46,588,760 Basic earnings per common share$6.59 $5.83 Diluted earnings per common share$6.57 $5.80 

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Table of ContentsEMCOR Group, Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)

NOTE 5 - Earnings Per Share (Continued)For the nine months endedSeptember 30, 20252024Numerator:Net income$838,210 $714,984 Denominator:Weighted average shares outstanding used to compute basic earnings per common share45,078,735 46,829,458 Effect of dilutive securities—Share-based awards159,875 186,614 Shares used to compute diluted earnings per common share45,238,610 47,016,072 Basic earnings per common share$18.59 $15.27 Diluted earnings per common share$18.53 $15.21 The number of share-based awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2025 because they would be anti-dilutive were 1,000 and 1,150,