$MYRG
MYR GROUP INC. Stock $myrg

$myrg Overview Financials Valuation SEC Filings Company Website

2013 Q4 Form 10-Q Financial Statement

#000110465913081692 Filed on November 06, 2013

Income Statement

Concept	2013 Q4	2013 Q3	2012 Q3
Revenue	$254.6M	$232.9M	$250.6M
YoY Change	2.75%	-7.05%	19.04%
Cost Of Revenue	$220.7M	$200.4M	$221.0M
YoY Change	2.75%	-9.31%	15.9%
Gross Profit	$33.84M	$32.48M	$29.57M
YoY Change	2.8%	9.84%	49.26%
Gross Profit Margin	13.29%	13.95%	11.8%
Selling, General & Admin	$18.10M	$19.58M	$15.64M
YoY Change	3.43%	25.17%	15.65%
% of Gross Profit	53.49%	60.27%	52.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.700M	$7.258M	$6.420M
YoY Change	16.67%	13.05%	28.92%
% of Gross Profit	22.76%	22.34%	21.71%
Operating Expenses	$18.20M	$19.58M	$15.64M
YoY Change	3.41%	25.17%	15.65%
Operating Profit	$15.64M	$13.08M	$14.24M
YoY Change	2.1%	-8.13%	114.59%
Interest Expense	-$200.0K	$175.0K	$368.0K
YoY Change	100.0%	-52.45%	295.7%
% of Operating Profit	-1.28%	1.34%	2.58%
Other Income/Expense, Net	$0.00	$2.000K	-$87.00K
YoY Change	-100.0%	-102.3%	314.29%
Pretax Income	$15.60M	$12.91M	$13.78M
YoY Change	0.65%	-6.35%	111.2%
Income Tax	$5.600M	$4.591M	$5.035M
% Of Pretax Income	35.9%	35.57%	36.54%
Net Earnings	$10.02M	$8.315M	$8.746M
YoY Change	2.57%	-4.93%	107.2%
Net Earnings / Revenue	3.94%	3.57%	3.49%
Basic Earnings Per Share	$0.47	$0.39	$0.42
Diluted Earnings Per Share	$0.46	$0.38	$0.41
COMMON SHARES
Basic Shares Outstanding	21.16M shares	20.86M shares	20.41M shares
Diluted Shares Outstanding		21.45M shares	21.19M shares

Balance Sheet

Concept	2013 Q4	2013 Q3	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$76.50M	$62.90M	$16.60M
YoY Change	286.36%	278.92%	-5.14%
Cash & Equivalents	$76.45M	$62.89M	$16.60M
Short-Term Investments
Other Short-Term Assets	$6.283M	$2.572M	$1.540M
YoY Change	42.93%	67.01%	-87.27%
Inventory	$40.50M	$41.90M	$63.10M
Prepaid Expenses
Receivables	$173.5M	$181.1M	$164.4M
Other Receivables	$13.00M	$13.60M	$11.30M
Total Short-Term Assets	$323.9M	$314.5M	$270.1M
YoY Change	16.36%	16.45%	16.94%
LONG-TERM ASSETS
Property, Plant & Equipment	$142.9M	$140.5M	$131.0M
YoY Change	10.88%	7.22%	13.84%
Goodwill	$46.60M	$46.60M	$46.60M
YoY Change	0.0%	0.0%
Intangibles	$10.20M	$10.28M	$10.62M
YoY Change	-3.18%	-3.16%
Long-Term Investments
YoY Change
Other Assets	$1.744M	$1.794M	$1.917M
YoY Change	-8.4%	-6.42%	36.93%
Total Long-Term Assets	$201.5M	$199.2M	$190.2M
YoY Change	7.2%	4.73%	9.28%
TOTAL ASSETS
Total Short-Term Assets	$323.9M	$314.5M	$270.1M
Total Long-Term Assets	$201.5M	$199.2M	$190.2M
Total Assets	$525.4M	$513.7M	$460.2M
YoY Change	12.67%	11.61%	13.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$79.61M	$67.12M	$92.92M
YoY Change	-5.77%	-27.77%	52.57%
Accrued Expenses	$54.00M	$39.20M	$39.60M
YoY Change	-3.57%	-1.01%	4.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$204.4M	$206.5M	$196.3M
YoY Change	8.2%	5.17%	10.49%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.233M	$1.350M	$1.258M
YoY Change	-0.16%	7.31%	109.67%
Total Long-Term Liabilities	$1.233M	$1.350M	$1.258M
YoY Change	-0.16%	7.31%	109.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$204.4M	$206.5M	$196.3M
Total Long-Term Liabilities	$1.233M	$1.350M	$1.258M
Total Liabilities	$229.3M	$229.5M	$217.0M
YoY Change	8.35%	5.76%	10.89%
SHAREHOLDERS EQUITY
Retained Earnings	$134.7M	$124.7M	$90.15M
YoY Change	34.79%	38.28%
Common Stock	$161.4M	$159.3M	$152.9M
YoY Change	4.43%	4.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$296.1M	$284.2M	$243.2M
YoY Change
Total Liabilities & Shareholders Equity	$525.4M	$513.7M	$460.2M
YoY Change	12.67%	11.61%	13.65%

Cashflow Statement

Concept	2013 Q4	2013 Q3	2012 Q3
OPERATING ACTIVITIES
Net Income	$10.02M	$8.315M	$8.746M
YoY Change	2.57%	-4.93%	107.2%
Depreciation, Depletion And Amortization	$7.700M	$7.258M	$6.420M
YoY Change	16.67%	13.05%	28.92%
Cash From Operating Activities	$23.60M	$33.50M	$12.60M
YoY Change	223.29%	165.87%	-166.67%
INVESTING ACTIVITIES
Capital Expenditures	-$11.20M	$9.622M	$11.67M
YoY Change	119.61%	-17.51%	2.88%
Acquisitions
YoY Change
Other Investing Activities	$300.0K	$400.0K	$500.0K
YoY Change	0.0%	-20.0%	0.0%
Cash From Investing Activities	-$11.00M	-$9.200M	-$11.10M
YoY Change	129.17%	-17.12%	1.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	900.0K	1.000M	-9.100M
YoY Change	12.5%	-110.99%	-176.47%
NET CHANGE
Cash From Operating Activities	23.60M	33.50M	12.60M
Cash From Investing Activities	-11.00M	-9.200M	-11.10M
Cash From Financing Activities	900.0K	1.000M	-9.100M
Net Change In Cash	13.50M	25.30M	-7.600M
YoY Change	309.09%	-432.89%	-57.54%
FREE CASH FLOW
Cash From Operating Activities	$23.60M	$33.50M	$12.60M
Capital Expenditures	-$11.20M	$9.622M	$11.67M
Free Cash Flow	$34.80M	$23.88M	$935.0K
YoY Change	180.65%	2453.8%	-103.09%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	myrg	Cost Estimate Revision Gross Margin Increase Percentage CostEstimateRevisionGrossMarginIncreasePercentage	0.008	pure
CY2013Q3	myrg	Cost Estimate Revision Gross Margin Increase Percentage CostEstimateRevisionGrossMarginIncreasePercentage	0.006	pure
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	item
CY2013Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2013Q3	myrg	Loss Contingency Health Insurance Deductible For Qualified Individuals LossContingencyHealthInsuranceDeductibleForQualifiedIndividuals	100000	USD
	us-gaap	Net Income Loss NetIncomeLoss	24491000	USD
CY2012Q4	myrg	Aggregate Costs Incurred On Uncompleted Contracts And Estimated Earnings AggregateCostsIncurredOnUncompletedContractsAndEstimatedEarnings	1439455000	USD
CY2013Q3	myrg	Aggregate Costs Incurred On Uncompleted Contracts And Estimated Earnings AggregateCostsIncurredOnUncompletedContractsAndEstimatedEarnings	1692396000	USD
CY2012Q4	myrg	Billings To Date BillingsToDate	1410271000	USD
CY2013Q3	myrg	Billings To Date BillingsToDate	1717505000	USD
CY2012Q4	myrg	Net Costs And Estimated Earnings In Excess Of Billings NetCostsAndEstimatedEarningsInExcessOfBillings	29184000	USD
CY2013Q3	myrg	Net Costs And Estimated Earnings In Excess Of Billings NetCostsAndEstimatedEarningsInExcessOfBillings	-25109000	USD
CY2012Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	61773000	USD
CY2013Q3	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear	41909000	USD
CY2013Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	67116000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	84481000	USD
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2012Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2013Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	900000	USD
CY2012Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	800000	USD
CY2012Q4	myrg	Number Of Letters Of Credit Outstanding Related To Payment Obligation Under Insurance Programs NumberOfLettersOfCreditOutstandingRelatedToPaymentObligationUnderInsurancePrograms	1	item
CY2012Q4	myrg	Letters Of Credit Outstanding Amount Related To Payment Obligation Under Insurance Programs LettersOfCreditOutstandingAmountRelatedToPaymentObligationUnderInsurancePrograms	17500000	USD
CY2013Q3	myrg	Letters Of Credit Outstanding Amount Related To Payment Obligation Under Insurance Programs LettersOfCreditOutstandingAmountRelatedToPaymentObligationUnderInsurancePrograms	17500000	USD
CY2012Q4	myrg	Letters Of Credit Outstanding Amount Related To Contract Performance Obligations LettersOfCreditOutstandingAmountRelatedToContractPerformanceObligations	2200000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	700000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	1700000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	800000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	400000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	300000	USD
CY2013Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	400000	USD
CY2013Q3	us-gaap	Significant Purchase Commitment Remaining Minimum Amount Committed SignificantPurchaseCommitmentRemainingMinimumAmountCommitted	800000	USD
	myrg	Significant Purchase Commitment Scheduled Period Of Time For Cash Outlay SignificantPurchaseCommitmentScheduledPeriodOfTimeForCashOutlay	P2M
CY2013Q3	myrg	Loss Contingency Insurance Policy Deductible For Each Line Of Coverage LossContingencyInsurancePolicyDeductibleForEachLineOfCoverage	1000000	USD
CY2013Q3	myrg	Loss Contingency Insurance Policy Deductible If Claim Aggregate Reached Per Line Of Coverage LossContingencyInsurancePolicyDeductibleIfClaimAggregateReachedPerLineOfCoverage	500000	USD
	myrg	Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans	2	item
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	13079000	USD
CY2012Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	250558000	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	14236000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	648148000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	39831000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	751196000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	40121000	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	8315000	USD
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	8746000	USD
	us-gaap	Net Income Loss NetIncomeLoss	24737000	USD
CY2012Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	78000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	195000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8232000	USD
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8668000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	24500000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	24296000	USD
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20860000	shares
CY2012Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	776000	shares
CY2012Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20410000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20349000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	785000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21134000	shares
	dei	Entity Registrant Name EntityRegistrantName	MYR GROUP INC.
	dei	Entity Central Index Key EntityCentralIndexKey	0000700923
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2013-09-30
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013Q3	us-gaap	Interest Expense InterestExpense	175000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2013Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	21159233	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19825000	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	167241000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	12742000	USD
CY2012Q4	us-gaap	Insurance Settlements Receivable InsuranceSettlementsReceivable	11379000	USD
CY2012Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1044000	USD
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	4396000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	278400000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	128911000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	46599000	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10534000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1904000	USD
CY2012Q4	us-gaap	Assets Assets	466348000	USD
CY2013Q3	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	67018000	USD
CY2012Q4	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	32589000	USD
CY2013Q3	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	39193000	USD
CY2012Q4	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	39583000	USD
CY2013Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	33176000	USD
CY2012Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	32240000	USD
CY2013Q3	us-gaap	Liabilities Current LiabilitiesCurrent	206503000	USD
CY2012Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding		USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	154564000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	99920000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	254690000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	466348000	USD
CY2013Q3	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding		USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	284165000	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	513687000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	188893000	USD
CY2013Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	21669000	USD
CY2013Q3	us-gaap	Assets Assets	513687000	USD
CY2013Q3	us-gaap	Assets Current AssetsCurrent	314527000	USD
CY2013Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1252000	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1305000	USD
CY2013Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	108212000	USD
CY2012Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	88042000	USD
CY2013Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2809000	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	21530000	USD
CY2012Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2558000	USD
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q3	us-gaap	Depreciation Depreciation	6420000	USD
CY2012Q3	us-gaap	Increase Decrease In Insurance Settlements Receivable IncreaseDecreaseInInsuranceSettlementsReceivable	1401000	USD
CY2012Q3	us-gaap	Share Based Compensation ShareBasedCompensation	688000	USD
CY2012Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	197000	USD
CY2012Q3	us-gaap	Other Noncash Expense OtherNoncashExpense	35000	USD
	us-gaap	Depreciation Depreciation	18167000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2029000	USD
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21132333	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20747161	shares
CY2013Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	21132333	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20747161	shares
CY2013Q3	us-gaap	Gross Profit GrossProfit	32483000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	12906000	USD
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.39
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.38
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21452000	shares
CY2012Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21186000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.18
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.14
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20769000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21398000	shares
CY2012Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2012Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.41
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.19
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.15
	us-gaap	Cost Of Services CostOfServices	665459000	USD
	us-gaap	Gross Profit GrossProfit	85737000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	46072000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	251000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	707000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	770000	USD
CY2012Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	387000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	251000	USD
CY2012Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	84000	USD
CY2012Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	15639000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	51727000	USD
CY2012Q3	us-gaap	Gross Profit GrossProfit	29572000	USD
CY2012Q3	us-gaap	Cost Of Services CostOfServices	220986000	USD
	us-gaap	Cost Of Services CostOfServices	557109000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4591000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	3000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	1000	USD
	us-gaap	Interest Expense InterestExpense	754000	USD
	us-gaap	Interest Expense InterestExpense	537000	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	368000	USD
CY2012Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-87000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-15000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-146000	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	13781000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	39282000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	39222000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14731000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14545000	USD
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5035000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	197000	USD
	us-gaap	Other Noncash Expense OtherNoncashExpense	103000	USD
CY2012Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	10269000	USD
CY2012Q3	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	8941000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	37529000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	19413000	USD
CY2012Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1135000	USD
CY2012Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	7176000	USD
CY2012Q3	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	1202000	USD
CY2012Q3	us-gaap	Increase Decrease In Self Insurance Reserve IncreaseDecreaseInSelfInsuranceReserve	1291000	USD
CY2012Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	6617000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4003000	USD
	us-gaap	Increase Decrease In Insurance Settlements Receivable IncreaseDecreaseInInsuranceSettlementsReceivable	1160000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2379000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	18897000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	5120000	USD
	us-gaap	Increase Decrease In Self Insurance Reserve IncreaseDecreaseInSelfInsuranceReserve	779000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	5133000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	33523000	USD
CY2012Q3	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	12593000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	71493000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	22740000	USD
CY2012Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	513000	USD
	us-gaap	Other Noncash Expense OtherNoncashExpense	114000	USD
CY2013Q3	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	18030000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	914000	USD
CY2012Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11665000	USD
CY2012Q3	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-11152000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	877000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	32094000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-31217000	USD
CY2012Q3	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	719000	USD
CY2012Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	139000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	864000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	174000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	13000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	38000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-8937000	USD
CY2012Q3	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-9142000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	25265000	USD
CY2012Q3	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-7701000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	43069000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-17414000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	996000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	2202000	USD
CY2013Q3	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-9254000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-30626000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34013000	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16599000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	62894000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24300000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	37629000	USD
CY2013Q3	us-gaap	Depreciation Depreciation	7258000	USD
CY2013Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	181148000	USD
CY2013Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	232890000	USD
CY2013Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	83000	USD
CY2013Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	592000	shares
	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	237000	USD
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	629000	shares
CY2012Q3	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-10000000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-10000000	USD
	us-gaap	Depreciation Depreciation	21203000	USD
CY2013Q3	us-gaap	Share Based Compensation ShareBasedCompensation	893000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2551000	USD
CY2013Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	400000	USD
CY2013Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	12481000	USD
CY2013Q3	us-gaap	Insurance Settlements Receivable InsuranceSettlementsReceivable	11469000	USD
CY2013Q3	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	2054000	USD
CY2013Q3	us-gaap	Other Assets Current OtherAssetsCurrent	2572000	USD
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	140484000	USD
CY2013Q3	us-gaap	Goodwill Goodwill	46599000	USD
CY2013Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10283000	USD
CY2013Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1794000	USD
CY2013Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1350000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1235000	USD
CY2013Q3	us-gaap	Liabilities Liabilities	229522000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	211658000	USD
CY2013Q3	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	209000	USD
CY2013Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	159299000	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	124657000	USD
CY2013Q3	us-gaap	Cost Of Services CostOfServices	200407000	USD
CY2013Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	19576000	USD
CY2013Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	84000	USD
CY2013Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	256000	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	400000	USD
CY2013Q3	us-gaap	Other Noncash Expense OtherNoncashExpense	39000	USD
CY2013Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3448000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13907000	USD
CY2013Q3	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	5073000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	-19864000	USD
CY2013Q3	us-gaap	Increase Decrease In Insurance Settlements Receivable IncreaseDecreaseInInsuranceSettlementsReceivable	192000	USD
	us-gaap	Increase Decrease In Insurance Settlements Receivable IncreaseDecreaseInInsuranceSettlementsReceivable	90000	USD
CY2013Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	286000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-795000	USD
CY2013Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	2036000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-18745000	USD
	us-gaap	Increase Decrease In Billing In Excess Of Cost Of Earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings	34429000	USD
CY2013Q3	us-gaap	Increase Decrease In Self Insurance Reserve IncreaseDecreaseInSelfInsuranceReserve	-478000	USD
	us-gaap	Increase Decrease In Self Insurance Reserve IncreaseDecreaseInSelfInsuranceReserve	-390000	USD
CY2013Q3	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	6201000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1051000	USD
CY2013Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	368000	USD
CY2013Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9622000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	31540000	USD
CY2013Q3	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	653000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1175000	USD
CY2013Q3	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	343000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	971000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	56000	USD
CY2013Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	17500000	USD

Files In Submission

Name	View Source	Status
0001104659-13-081692-index-headers.html	Edgar Link	pending
0001104659-13-081692-index.html	Edgar Link	pending
0001104659-13-081692.txt	Edgar Link	pending
0001104659-13-081692-xbrl.zip	Edgar Link	pending
a13-19471_110q.htm	Edgar Link	pending
a13-19471_1ex31d1.htm	Edgar Link	pending
a13-19471_1ex31d2.htm	Edgar Link	pending
a13-19471_1ex32d1.htm	Edgar Link	pending
a13-19471_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
myrg-20130930.xml	Edgar Link	completed
myrg-20130930.xsd	Edgar Link	pending
myrg-20130930_cal.xml	Edgar Link	unprocessable
myrg-20130930_def.xml	Edgar Link	unprocessable
myrg-20130930_lab.xml	Edgar Link	unprocessable
myrg-20130930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
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R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MYRG
MYR GROUP INC. Stock $myrg

2013 Q4 Form 10-Q Financial Statement

#000110465913081692 Filed on November 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MYRG MYR GROUP INC. Stock $myrg

2013 Q4 Form 10-Q Financial Statement

#000110465913081692 Filed on November 06, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MYRG
MYR GROUP INC. Stock $myrg