10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000874238-11-000020`
Period End Date	20110630
Filing Date	20110808
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	strl-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 72 Cash Flow Statement 88 Stockholders Equity 16 Comprehensive Income 14

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.44M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.82M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$35.75M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$60.50M	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$70.30M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$77.64M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$19.44M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$10.06M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	19.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	19.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.73M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	16.47M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.13M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	16.55M	shares	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$100.00K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$82.00K	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$6.74M	USD	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	3,147.00	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	104,368.00	shares	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$5.91M	USD	Point-in-time
Deposits and other current assets	`OtherAssetsCurrent`	$2.00M	USD	Point-in-time
Deposits and other current assets	`OtherAssetsCurrent`	$2.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$176.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$178.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$74.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$81.10M	USD	Point-in-time
Goodwill	`Goodwill`	$114.75M	USD	Point-in-time
Goodwill	`Goodwill`	$114.75M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$1.32M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$1.38M	USD	Point-in-time
Total assets	`Assets`	$375.89M	USD	Point-in-time
Total assets	`Assets`	$367.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.45M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$17.81M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$19.02M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$73.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$73.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.49M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$241.00K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.18M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$6.92M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$10.74M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$7.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$69.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$72.70M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$299.00K	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$336.00K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$18.59M	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$20.44M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$177.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$20.92M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$18.93M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Noncontrolling owners' interests in subsidiaries and joint ventures	`MinorityInterest`	$28.90M	USD	Point-in-time
Noncontrolling owners' interests in subsidiaries and joint ventures	`MinorityInterest`	$28.72M	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,546,914 and 16,468,369 shares issued	`CommonStockValue`	$165.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,546,914 and 16,468,369 shares issued	`CommonStockValue`	$164.00K	USD	Point-in-time
Treasury stock, 104,368 and 3,147 shares of common stock	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, 104,368 and 3,147 shares of common stock	`TreasuryStockValue`	$1.36M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$198.75M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$198.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$55.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.55M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-137.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	Point-in-time
Total Sterling common stockholders' equity	`StockholdersEquity`	$250.43M	USD	Point-in-time
Total Sterling common stockholders' equity	`StockholdersEquity`	$253.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$367.13M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$375.89M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$203.02M	USD	2 Qtrs
Revenues	`Revenues`	$116.86M	USD	1 Quarter
Revenues	`Revenues`	$128.50M	USD	1 Quarter
Revenues	`Revenues`	$227.74M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$206.56M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$104.16M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$182.07M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$114.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$13.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$20.96M	USD	2 Qtrs
Gross profit	`GrossProfit`	$12.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$21.18M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.71M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.36M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.24M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.30M	USD	1 Quarter
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$-52.00K	USD	2 Qtrs
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$150.00K	USD	2 Qtrs
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$-83.00K	USD	1 Quarter
Other income (expense)	`OtherOperatingIncomeExpenseNet`	$5.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.20M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$7.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.97M	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-245.00K	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$547.00K	USD	1 Quarter
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$964.00K	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-41.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$685.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$943.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$565.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$483.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$374.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$594.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$588.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$297.00K	USD	1 Quarter
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$8.11M	USD	1 Quarter
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$9.09M	USD	2 Qtrs
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$7.44M	USD	1 Quarter
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$11.25M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.12M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.26M	USD	1 Quarter
Net income	`ProfitLoss`	$6.29M	USD	1 Quarter
Net income	`ProfitLoss`	$7.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$5.85M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.52M	USD	2 Qtrs
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.18M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.08M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.91M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$6.22M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.67M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.47M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.11M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.12M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.54M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.54M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.60M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$6.22M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.67M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.52M	USD	2 Qtrs
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.18M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.08M	USD	1 Quarter
Noncontrolling owners' interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.29M	USD	1 Quarter
Net income	`ProfitLoss`	$7.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.13M	USD	2 Qtrs
Net income	`ProfitLoss`	$5.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.10M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.44M	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$127.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-154.00K	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.67M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$945.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$258.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$297.00K	USD	2 Qtrs
Interest expense accreted on noncontrolling interest	`InterestExpenseAccretedOnNoncontrollingInterest`	$584.00K	USD	2 Qtrs
Interest expense accreted on noncontrolling interest	`InterestExpenseAccretedOnNoncontrollingInterest`	$424.00K	USD	2 Qtrs
(Gain) loss on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-245.00K	USD	2 Qtrs
(Gain) loss on sale of securities and other	`OtherNonoperatingIncomeExpense`	$547.00K	USD	1 Quarter
(Gain) loss on sale of securities and other	`OtherNonoperatingIncomeExpense`	$964.00K	USD	2 Qtrs
(Gain) loss on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-41.00K	USD	1 Quarter
Tax benefits from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-18.00K	USD	2 Qtrs
Tax benefits from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	2 Qtrs
(Increase) decrease in contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$7.53M	USD	2 Qtrs
(Increase) decrease in contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$-7.33M	USD	2 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$-9.38M	USD	2 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$-685.00K	USD	2 Qtrs
(Increase) decrease in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.13M	USD	2 Qtrs
(Increase) decrease in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-482.00K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$203.00K	USD	2 Qtrs
(Increase) decrease in receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$834.00K	USD	2 Qtrs
(Increase) decrease in receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$-2.27M	USD	2 Qtrs
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayable`	$1.94M	USD	2 Qtrs
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayable`	$17.00K	USD	2 Qtrs
Increase (decrease) in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$1.22M	USD	2 Qtrs
Increase (decrease) in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$14.00K	USD	2 Qtrs
Increase (decrease) in accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$493.00K	USD	2 Qtrs
Increase (decrease) in accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.74M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.57M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.17M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.60M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$465.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$564.00K	USD	2 Qtrs
Purchases of short-term securities, available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$83.16M	USD	2 Qtrs
Purchases of short-term securities, available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$77.45M	USD	2 Qtrs
Sales of short-term securities, available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$56.54M	USD	2 Qtrs
Sales of short-term securities, available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$58.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.17M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.05M	USD	2 Qtrs
Cumulative daily drawdowns - Credit Facility	`ProceedsFromLinesOfCredit`	$2.00M	USD	2 Qtrs
Cumulative daily drawdowns - Credit Facility	`ProceedsFromLinesOfCredit`	$55.00M	USD	2 Qtrs
Cumulative daily repayments - Credit Facility	`RepaymentsOfLinesOfCredit`	$70.00M	USD	2 Qtrs
Cumulative daily repayments - Credit Facility	`RepaymentsOfLinesOfCredit`	$2.00M	USD	2 Qtrs
Repayments under long-term obligations	`RepaymentsOfLongTermDebt`	$36.00K	USD	2 Qtrs
Repayments under long-term obligations	`RepaymentsOfLongTermDebt`	$37.00K	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.84M	USD	2 Qtrs
Issuance of common stock pursuant to warrants and options exercised	`IssuanceOfCommonStockPursuantToExerciseOfOptionsAndWarants`	$123.00K	USD	2 Qtrs
Issuance of common stock pursuant to warrants and options exercised	`IssuanceOfCommonStockPursuantToExerciseOfOptionsAndWarants`	$122.00K	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$4.82M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.38M	USD	2 Qtrs
Utilization of tax benefits from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$18.00K	USD	2 Qtrs
Utilization of tax benefits from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.27M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.57M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-39.17M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.58M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.44M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.82M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$64.00K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$32.00K	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$2.03M	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Reclassification of amounts payable to noncontrolling interest owner	`ReclassificationOfAmountsPayableToNoncontrollingInterestOwner`	$1.05M	USD	2 Qtrs
Reclassification of amounts payable to noncontrolling interest owner	`ReclassificationOfAmountsPayableToNoncontrollingInterestOwner`	-	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$250.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$253.36M	USD	Point-in-time
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$6.22M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.67M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeOtherNetOfTax`	$140.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of deferred tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-19.00K	USD	2 Qtrs
Change in unrealized gain (loss) on available-for-sale securities, net of deferred tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$122.00K	USD	2 Qtrs
Purchases of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$-1.84M	USD	2 Qtrs
Cancellation of treasury shares	`TreasuryStockRetiredCostMethodAmount`	-	USD	2 Qtrs
Stock issued upon option & warrant exercises	`StockIssuedDuringPeriodValueShareBasedCompensation`	$122.00K	USD	2 Qtrs
Issuance and amortization of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$233.00K	USD	2 Qtrs
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$250.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$253.36M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$6.22M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.67M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Realized (gain)/loss from available-for-sale securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$143.00K	USD	2 Qtrs
Realized (gain)/loss from available-for-sale securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-627.00K	USD	2 Qtrs
Net unrealized holding gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-19.00K	USD	2 Qtrs
Net unrealized holding gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$122.00K	USD	2 Qtrs
Realized (gain)/loss from derivatives	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$8.00K	USD	2 Qtrs
Realized (gain)/loss from derivatives	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	-	USD	2 Qtrs
Net unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Net unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-133.00K	USD	2 Qtrs
Comprehensive net income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$4.39M	USD	2 Qtrs
Comprehensive net income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$5.57M	USD	2 Qtrs

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