10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000874238-18-000085`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	strl-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 72 Cash Flow Statement 89 Stockholders Equity 13

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.34M	USD	Point-in-time
Receivables, including retainage	`ReceivablesLongTermContractsOrPrograms`	$133.93M	USD	Point-in-time
Receivables, including retainage	`ReceivablesLongTermContractsOrPrograms`	$160.25M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CapitalizedContractCostGross`	$37.11M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CapitalizedContractCostGross`	$40.27M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$3.14M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$4.62M	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
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$11.38M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$11.52M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.86M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.53M	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
Total current assets	`AssetsCurrent`	$278.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$313.38M	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`	38.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$54.41M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	38.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.20M	USD	Point-in-time
Goodwill	`Goodwill`	$85.23M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesOutstanding`	27.07M	shares	Point-in-time
Goodwill	`Goodwill`	$85.23M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesOutstanding`	27.05M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$44.82M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$43.02M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$317.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$343.00K	USD	Point-in-time
Total assets	`Assets`	$494.16M	USD	Point-in-time
Total assets	`Assets`	$463.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$106.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$97.46M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$63.96M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$62.37M	USD	Point-in-time
Current maturities of long-term debt	`LongtermDebtCurrentMaturitiesGross`	$3.01M	USD	Point-in-time
Current maturities of long-term debt	`LongtermDebtCurrentMaturitiesGross`	$3.98M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$279.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$81.00K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$14.87M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$9.05M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.28M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$182.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$194.67M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$86.16M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$78.42M	USD	Point-in-time
Members' interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$47.39M	USD	Point-in-time
Members' interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$48.84M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.27M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.23M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$134.82M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$129.80M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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, 27,068,353 and 27,051,468 shares issued	`CommonStockValue`	$271.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000,000 shares authorized, 27,068,353 and 27,051,468 shares issued	`CommonStockValue`	$271.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$233.06M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$231.18M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-70.54M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-90.12M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$141.33M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$162.78M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.86M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.19M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$169.70M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$494.16M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$463.30M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$304.22M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$704.05M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$782.49M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$291.27M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$259.74M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$698.98M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$638.92M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$273.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$65.12M	USD	3 Qtrs
Gross profit	`GrossProfit`	$83.52M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$36.55M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$11.71M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$38.36M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.13M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-4.86M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-11.96M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-5.45M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-9.37M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$19.21M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$33.20M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$14.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.64M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$107.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$274.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$192.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$604.00K	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$3.58M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$3.07M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$6.67M	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$9.27M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-755.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Income before income taxes and noncontrolling interests in earnings	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$11.97M	USD	3 Qtrs
Income before income taxes and noncontrolling interests in earnings	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$9.17M	USD	1 Quarter
Income before income taxes and noncontrolling interests in earnings	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$11.58M	USD	1 Quarter
Income before income taxes and noncontrolling interests in earnings	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$24.54M	USD	3 Qtrs
Current income tax expense	`IncomeTaxExpenseBenefit`	$469.00K	USD	3 Qtrs
Current income tax expense	`IncomeTaxExpenseBenefit`	$1.55M	USD	3 Qtrs
Current income tax expense	`IncomeTaxExpenseBenefit`	$1.41M	USD	1 Quarter
Current income tax expense	`IncomeTaxExpenseBenefit`	$344.00K	USD	1 Quarter
Net income	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.17M	USD	1 Quarter
Net income	`ProfitLoss`	$22.99M	USD	3 Qtrs
Noncontrolling interests in earnings	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$3.41M	USD	3 Qtrs
Noncontrolling interests in earnings	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$2.97M	USD	3 Qtrs
Noncontrolling interests in earnings	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.25M	USD	1 Quarter
Noncontrolling interests in earnings	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.69M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.54M	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.91M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.13M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.58M	USD	3 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.33	USD	3 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.73	USD	3 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.33	USD	3 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.72	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.79M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.89M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.26M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.17M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.30M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.54M	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.91M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.13M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.58M	USD	3 Qtrs
Plus: Noncontrolling interests in earnings	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.41M	USD	3 Qtrs
Plus: Noncontrolling interests in earnings	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.97M	USD	3 Qtrs
Net income	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.17M	USD	1 Quarter
Net income	`ProfitLoss`	$22.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.51M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.14M	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$466.00K	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-204.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.18M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.53M	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.30M	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.30M	USD	1 Quarter
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$45.04M	USD	3 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$26.32M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$3.16M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$7.74M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.48M	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`	$141.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.35M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.49M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.69M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.81M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$1.59M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-1.03M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$18.03M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.94M	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`	$1.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.79M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.82M	USD	3 Qtrs
Tealstone acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$54.86M	USD	3 Qtrs
Tealstone acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.53M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.30M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.83M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.03M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.34M	USD	3 Qtrs
Cash received Oaktree Facility	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Cash received Oaktree Facility	`ProceedsFromIssuanceOfLongTermDebt`	$85.00M	USD	3 Qtrs
Repayments equipment-based term loan and other	`ProceedsFromRepaymentsOfOtherDebt`	$-4.45M	USD	3 Qtrs
Repayments equipment-based term loan and other	`ProceedsFromRepaymentsOfOtherDebt`	$-869.00K	USD	3 Qtrs
Repayments Oaktree Facility	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Repayments Oaktree Facility	`RepaymentsOfSecuredDebt`	$10.43M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfProceedsFromDebtIssuanceCosts`	$6.89M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfProceedsFromDebtIssuanceCosts`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-755.00K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.35M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$887.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.25M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$75.30M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.40M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.38M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.76M	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`	$83.95M	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`	$89.34M	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`	$83.95M	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`	$89.34M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$6.14M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$8.26M	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$279.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$145.00K	USD	3 Qtrs
Share consideration given for Tealstone acquisition (1,882,058 shares)	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$17.06M	USD	3 Qtrs
Share consideration given for Tealstone acquisition (1,882,058 shares)	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	3 Qtrs
Notes and deferred payments to sellers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	$11.59M	USD	3 Qtrs
Notes and deferred payments to sellers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	-	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`	$70.00K	USD	3 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Business acquisition, equity interest issued or issuable, number of shares	`BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued`	1.88M	shares	3 Qtrs
Class of warrant or right, issued during the period	`ClassOfWarrantOrRightIssuedDuringThePeriod`	1.00M	shares	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.19M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$169.70M	USD	Point-in-time
Net income	`ProfitLoss`	$11.50M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.17M	USD	1 Quarter
Net income	`ProfitLoss`	$22.99M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.18M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.53M	USD	3 Qtrs
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	3 Qtrs
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.35M	USD	3 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-311.00K	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.19M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$169.70M	USD	Point-in-time

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