10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0000874238-17-000011`
Period End Date	20170930
Filing Date	20171031
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	strl-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 72 Cash Flow Statement 92 Stockholders Equity 12

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.54M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.02M	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$84.13M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$149.05M	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`	38.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$43.38M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$32.70M	USD	Point-in-time
Inventories	`InventoryNet`	$3.71M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.02M	shares	Point-in-time
Inventories	`InventoryNet`	$2.09M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	24.99M	shares	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$7.13M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.07M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.65M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$279.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$175.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$59.46M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$68.13M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Goodwill	`Goodwill`	$85.28M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$45.20M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	-	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$3.30M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$2.97M	USD	Point-in-time
Total assets	`Assets`	$473.04M	USD	Point-in-time
Total assets	`Assets`	$301.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$100.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$67.10M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$64.10M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$63.37M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$986.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$280.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$78.00K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.32M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$14.57M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$15.19M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$6.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$194.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.59M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$88.62M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$1.55M	USD	Point-in-time
Members' interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$45.23M	USD	Point-in-time
Members' interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$46.33M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$362.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$595.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$47.14M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$135.54M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	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; 38,000,000 shares authorized, 27,023,143 and 24,987,306 shares issued	`CommonStockValue`	$250.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000,000 shares authorized, 27,023,143 and 24,987,306 shares issued	`CommonStockValue`	$270.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$231.85M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$208.92M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-101.74M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-93.20M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$107.43M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$138.92M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-91.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.62M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.16M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$656.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.09M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$142.54M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$301.82M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$473.04M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$205.63M	USD	1 Quarter
Revenues	`Revenues`	$704.05M	USD	3 Qtrs
Revenues	`Revenues`	$521.78M	USD	3 Qtrs
Revenues	`Revenues`	$304.22M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$638.92M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsSold`	$486.06M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsSold`	$189.01M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$273.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$35.71M	USD	3 Qtrs
Gross profit	`GrossProfit`	$16.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$65.12M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.89M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$36.55M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.13M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.15M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-9.37M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-7.24M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-4.86M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-3.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.67M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$587.00K	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$19.21M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$12.64M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$107.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$15.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$192.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$19.00K	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$6.67M	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$491.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$3.58M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$2.18M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-755.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$3.20M	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$11.97M	USD	3 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-1.57M	USD	3 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$9.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$68.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$344.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$469.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.64M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.15M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.69M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$740.00K	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.25M	USD	3 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$2.97M	USD	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.89M	USD	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.13M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.54M	USD	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.42M	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$-0.12	USD	3 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.33	USD	3 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.33	USD	3 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$-0.12	USD	3 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.79M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.91M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.91M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.26M	shares	3 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Shares issued for Tealstone acquisition (in shares)	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	1.88M	shares	3 Qtrs
Shares issued for Tealstone acquisition (in shares)	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	0.00	shares	3 Qtrs
Warrants issued to lenders (in shares)	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssued1`	0.00	shares	3 Qtrs
Warrants issued to lenders (in shares)	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssued1`	1.00M	shares	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.89M	USD	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.13M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.54M	USD	3 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.42M	USD	1 Quarter
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.97M	USD	3 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.25M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.64M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.14M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.10M	USD	3 Qtrs
Loss (gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-204.00K	USD	3 Qtrs
Loss (gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$255.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.21M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.53M	USD	3 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$23.30M	USD	3 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$45.04M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$7.74M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$5.08M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.47M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.83M	USD	3 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures`	$1.94M	USD	3 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures`	$-3.46M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.25M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.49M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.90M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.69M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-1.03M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$31.34M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.29M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.66M	USD	3 Qtrs
Members' interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$1.10M	USD	3 Qtrs
Members' interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$-3.97M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.71M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.95M	USD	3 Qtrs
Tealstsone acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$54.86M	USD	3 Qtrs
Tealstsone acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.30M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.85M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.83M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.19M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.34M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.67M	USD	3 Qtrs
Cash receivedterm loan	`ProceedsFromIssuanceOfLongTermDebt`	$85.00M	USD	3 Qtrs
Cash receivedterm loan	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Cumulative repayments equipment-based term loan and other	`RepaymentsOfLongTermDebt`	$4.45M	USD	3 Qtrs
Cumulative repayments equipment-based term loan and other	`RepaymentsOfLongTermDebt`	$9.55M	USD	3 Qtrs
Cumulative drawdowns equipment-based revolver	`ProceedsFromSecuredLinesOfCredit`	-	USD	3 Qtrs
Cumulative drawdowns equipment-based revolver	`ProceedsFromSecuredLinesOfCredit`	$19.00M	USD	3 Qtrs
Cumulative repayments equipment-based revolver	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Cumulative repayments equipment-based revolver	`RepaymentsOfSecuredDebt`	$19.00M	USD	3 Qtrs
Net proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Net proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$19.14M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfProceedsFromDebtIssuanceCosts`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfProceedsFromDebtIssuanceCosts`	$-6.89M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-755.00K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-152.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-46.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$88.04M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.55M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.76M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$38.59M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.78M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$66.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$66.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.02M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$2.43M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$6.14M	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$145.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$5.00K	USD	3 Qtrs
Share consideration given for Tealstone acquisition (1,882,058 shares)	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	3 Qtrs
Share consideration given for Tealstone acquisition (1,882,058 shares)	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$17.06M	USD	3 Qtrs
Notes and deferred payments to sellers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	-	USD	3 Qtrs
Notes and deferred payments to sellers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	$11.59M	USD	3 Qtrs
Warrants issued to lenders (1,000,000 Warrants)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$3.50M	USD	3 Qtrs
Warrants issued to lenders (1,000,000 Warrants)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	3 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$735.00K	USD	3 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$70.00K	USD	3 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.09M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$142.54M	USD	Point-in-time
Net income	`ProfitLoss`	$-1.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income	`ProfitLoss`	$3.15M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.53M	USD	3 Qtrs
Stock issued for Tealstone acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$17.06M	USD	3 Qtrs
Warrants issued to lenders	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$3.50M	USD	3 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-149.00K	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.09M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$142.54M	USD	Point-in-time

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