$MYRG
MYR Group Inc

2020 Q2 Form 10-Q Financial Statement

#000110465920087793 Filed on July 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q4 2019 Q2
Revenue $513.1M $571.1M $448.8M
YoY Change 14.32% 27.94% 32.12%
Cost Of Revenue $451.7M $502.2M $405.6M
YoY Change 11.37% 25.86% 34.73%
Gross Profit $61.31M $68.92M $43.16M
YoY Change 42.03% 45.43% 11.73%
Gross Profit Margin 11.95% 12.07% 9.62%
Selling, General & Admin $41.20M $48.10M $33.94M
YoY Change 21.37% 59.8% 16.37%
% of Gross Profit 67.2% 69.79% 78.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.90M $11.40M $10.70M
YoY Change 11.21% 6.54% 13.83%
% of Gross Profit 19.41% 16.54% 24.79%
Operating Expenses $41.20M $49.00M $33.94M
YoY Change 21.37% 58.58% 16.37%
Operating Profit $19.34M $19.92M $9.410M
YoY Change 105.55% 20.81% -9.14%
Interest Expense $1.315M -$1.700M $1.168M
YoY Change 12.59% 54.55% 49.17%
% of Operating Profit 6.8% -8.53% 12.41%
Other Income/Expense, Net $321.0K -$900.0K $582.0K
YoY Change -44.85% -43.75% 2228.0%
Pretax Income $18.35M $18.20M $8.824M
YoY Change 107.98% 23.81% -8.07%
Income Tax $4.967M $5.500M $2.466M
% Of Pretax Income 27.07% 30.22% 27.95%
Net Earnings $13.39M $12.78M $7.207M
YoY Change 85.72% 19.94% 5.44%
Net Earnings / Revenue 2.61% 2.24% 1.61%
Basic Earnings Per Share $0.80 $0.77 $0.43
Diluted Earnings Per Share $0.80 $0.76 $0.43
COMMON SHARES
Basic Shares Outstanding 16.69M shares 16.60M
Diluted Shares Outstanding 16.77M shares 16.70M

Balance Sheet

Concept 2020 Q2 2019 Q4 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00M $12.40M $4.400M
YoY Change 127.27% 65.33% 4.76%
Cash & Equivalents $9.991M $12.40M $4.355M
Short-Term Investments
Other Short-Term Assets $10.01M $12.81M $10.68M
YoY Change -6.31% 44.81% 41.19%
Inventory
Prepaid Expenses
Receivables $341.5M $388.5M $313.5M
Other Receivables $9.100M $8.400M $10.00M
Total Short-Term Assets $594.9M $639.2M $513.4M
YoY Change 15.88% 34.39% 33.86%
LONG-TERM ASSETS
Property, Plant & Equipment $181.7M $185.3M $169.0M
YoY Change 7.54% 14.49% 8.61%
Goodwill $66.05M $66.06M $56.60M
YoY Change 16.71% 16.74% 20.46%
Intangibles $52.49M $54.94M $31.82M
YoY Change 64.96% 65.15% 200.4%
Long-Term Investments $3.200M $4.700M $2.200M
YoY Change 45.45% 261.54% 144.44%
Other Assets $3.853M $3.687M $2.484M
YoY Change 55.11% 28.11% -30.05%
Total Long-Term Assets $355.2M $368.7M $293.3M
YoY Change 21.09% 34.99% 26.39%
TOTAL ASSETS
Total Short-Term Assets $594.9M $639.2M $513.4M
Total Long-Term Assets $355.2M $368.7M $293.3M
Total Assets $950.1M $1.008B $806.7M
YoY Change 17.78% 34.61% 31.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $154.9M $192.1M $166.4M
YoY Change -6.88% 37.73% 68.36%
Accrued Expenses $26.90M $25.00M $23.50M
YoY Change 14.47% 27.55% 80.77%
Deferred Revenue $128.7M $105.5M $53.58M
YoY Change 140.2% 80.21%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.186M $8.737M $6.856M
YoY Change 4.81% 137.35% 523.27%
Total Short-Term Liabilities $403.5M $396.8M $304.1M
YoY Change 32.7% 39.82% 47.11%
LONG-TERM LIABILITIES
Long-Term Debt $74.78M $157.1M $99.62M
YoY Change -24.94% 82.42% 72.35%
Other Long-Term Liabilities $2.071M $3.304M $1.633M
YoY Change 26.82% 212.58% 251.94%
Total Long-Term Liabilities $76.85M $160.4M $101.3M
YoY Change -24.1% 84.0% 73.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $403.5M $396.8M $304.1M
Total Long-Term Liabilities $76.85M $160.4M $101.3M
Total Liabilities $560.6M $643.4M $467.8M
YoY Change 19.86% 51.64% 49.46%
SHAREHOLDERS EQUITY
Retained Earnings $235.1M $212.2M $189.1M
YoY Change 24.32% 21.45% 21.09%
Common Stock $154.8M $152.7M $150.3M
YoY Change 2.94% 2.87% 2.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $389.4M $364.5M $339.0M
YoY Change
Total Liabilities & Shareholders Equity $950.1M $1.008B $806.7M
YoY Change 17.78% 34.61% 31.04%

Cashflow Statement

Concept 2020 Q2 2019 Q4 2019 Q2
OPERATING ACTIVITIES
Net Income $13.39M $12.78M $7.207M
YoY Change 85.72% 19.94% 5.44%
Depreciation, Depletion And Amortization $11.90M $11.40M $10.70M
YoY Change 11.21% 6.54% 13.83%
Cash From Operating Activities $62.70M $33.20M $15.60M
YoY Change 301.92% 27.2% -33.05%
INVESTING ACTIVITIES
Capital Expenditures -$7.800M -$18.40M -$18.10M
YoY Change -56.91% 67.27% 34.07%
Acquisitions
YoY Change
Other Investing Activities $700.0K $1.100M $900.0K
YoY Change -22.22% 0.0% -30.77%
Cash From Investing Activities -$7.000M -$17.30M -$17.20M
YoY Change -59.3% 74.75% 40.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -79.70M -12.60M 4.600M
YoY Change -1832.61% 40.0% -153.49%
NET CHANGE
Cash From Operating Activities 62.70M 33.20M 15.60M
Cash From Investing Activities -7.000M -17.30M -17.20M
Cash From Financing Activities -79.70M -12.60M 4.600M
Net Change In Cash -24.00M 3.300M 3.000M
YoY Change -900.0% -54.17% 20.0%
FREE CASH FLOW
Cash From Operating Activities $62.70M $33.20M $15.60M
Capital Expenditures -$7.800M -$18.40M -$18.10M
Free Cash Flow $70.50M $51.60M $33.70M
YoY Change 109.2% 39.08% -8.42%

Facts In Submission

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the period reported. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The most significant estimates are related to estimates of costs to complete contracts, pending change orders and claims, shared savings, insurance reserves, income tax reserves, estimates surrounding stock-based compensation, the recoverability of goodwill and intangibles and allowance for doubtful accounts. The Company estimates a cost accrual every quarter that represents costs incurred but not invoiced for services performed or goods delivered during the period, and estimates revenue from the contract cost portion of these accruals based on current gross margin rates to be consistent with its cost method of revenue recognition.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">As of June 30, 2020 and 2019, the Company had recognized revenues of $40.1 million and $21.4 million, respectively, related to significant change orders and/or claims that had been included as contract price adjustments on certain contracts, some of which are multi-year projects. These change orders and/or claims are in the process of being negotiated in the normal course of business, and a portion of these recognized revenues had been included in multiple periods.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The cost-to-cost method of accounting requires the Company to make estimates about the expected revenue and gross profit on each of its contracts in process. During the three months ended June 30, 2020, changes in estimates pertaining to certain projects increased consolidated gross margin by 0.2%, which resulted in increases in operating income of $1.2 million, net income attributable to MYR Group Inc. of $0.9 million and diluted earnings per common share attributable to MYR Group <span style="white-space:pre-wrap;">Inc. of $0.05. During the six months ended June 30, 2020, changes in estimates pertaining to certain projects decreased consolidated gross margin by 0.1%, which resulted in decreases in operating income of $0.7 million, net income attributable to MYR Group Inc. of $0.5 million and diluted earnings per common share attributable to MYR Group Inc. of $0.03.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">During the three  months ended June 30, 2019, changes in estimates pertaining to certain projects decreased consolidated gross margin by 0.9%, which resulted in decreases in operating income of $4.2 million, net income attributable to MYR Group Inc. of $1.9 million and diluted earnings per common share attributable to MYR Group Inc. of $0.11. During the six months ended June 30, 2019, changes in estimates pertaining to certain projects decreased consolidated gross margin by 1.0%, which resulted in decreases in operating income of $9.1 million, net income attributable to MYR Group Inc. of $4.2 million and diluted earnings per common share attributable to MYR Group Inc. of $0.25.</p>
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FinanceLeaseRightOfUseAssetAmortization
247000
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
274000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
497000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
547000
CY2020Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
9000
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
17000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
20000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
37000
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2296000
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1472000
us-gaap Operating Lease Cost
OperatingLeaseCost
4563000
us-gaap Operating Lease Cost
OperatingLeaseCost
2929000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5003000
CY2020Q2 myrg Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
5003000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2471000
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
us-gaap Short Term Lease Cost
ShortTermLeaseCost
15000
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
76000
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
67000
us-gaap Variable Lease Cost
VariableLeaseCost
153000
us-gaap Variable Lease Cost
VariableLeaseCost
132000
CY2020Q2 us-gaap Lease Cost
LeaseCost
2628000
CY2019Q2 us-gaap Lease Cost
LeaseCost
1830000
us-gaap Lease Cost
LeaseCost
5233000
us-gaap Lease Cost
LeaseCost
3660000
us-gaap Operating Lease Payments
OperatingLeasePayments
4335000
us-gaap Operating Lease Payments
OperatingLeasePayments
2943000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5111000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1234000
CY2020Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
578000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4661000
CY2020Q2 myrg Lease Liability Payments Remainder Of Fiscal Year
LeaseLiabilityPaymentsRemainderOfFiscalYear
5239000
CY2020Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
330000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8256000
CY2020Q2 myrg Lease Liability Payments Due Next Twelve Months
LeaseLiabilityPaymentsDueNextTwelveMonths
8586000
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6909000
CY2020Q2 myrg Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
6909000
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0
CY2020Q2 myrg Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
2471000
CY2020Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
973000
CY2020Q2 myrg Lease Liability Payments Due Year Five
LeaseLiabilityPaymentsDueYearFive
973000
CY2020Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0
CY2020Q2 myrg Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
795000
CY2020Q2 myrg Lease Liability Payments Due After Year Six
LeaseLiabilityPaymentsDueAfterYearSix
795000
CY2020Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
908000
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
29068000
CY2020Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
15000
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4416000
CY2020Q2 myrg Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
4431000
CY2020Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
893000
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
24652000
CY2020Q2 myrg Lease Liability
LeaseLiability
25545000
CY2020Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
893000
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6864000
CY2020Q2 myrg Lease Liability Current
LeaseLiabilityCurrent
7757000
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17788000
CY2020Q2 myrg Lease Liability Noncurrent
LeaseLiabilityNoncurrent
17788000
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
81968000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
165824000
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
7186000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8737000
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
74782000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
157087000
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1450000000
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1446569000
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
231946000
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1409043000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.271
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
200000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
200000
CY2020Q2 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
5500000
myrg Purchase Commitment Remaining Term
PurchaseCommitmentRemainingTerm
P5M
myrg Number Of Equity Stock Based Compensation Plans
NumberOfEquityStockBasedCompensationPlans
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
513051000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
448776000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1031521000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
916870000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
19342000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
9410000
us-gaap Operating Income Loss
OperatingIncomeLoss
35750000
us-gaap Operating Income Loss
OperatingIncomeLoss
19036000
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
0
CY2020Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
0
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
13385000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
7207000
us-gaap Net Income Loss
NetIncomeLoss
23317000
us-gaap Net Income Loss
NetIncomeLoss
14560000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16685000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16600000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16656000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16557000
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
80000
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
104000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
95000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
125000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16765000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16704000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16751000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16682000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87

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