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10-K Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 FY 2019
Filing Information
Form Type 10-K
Accession Number 0000874238-20-000033
Period End Date 20191231
Filing Date 20200303
Fiscal Year 2019
Fiscal Period FY
XBRL Instance strl-20191231.xml
Balance Sheet 117 line items
Line Item Tag Value Unit Period
Cash and cash equivalents ($7,538 and $8,750 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $94.09M USD Point-in-time
Cash and cash equivalents ($7,538 and $8,750 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $45.73M USD Point-in-time
Accounts receivable, including retainage ($24,642 and $24,108 related to VIEs) ReceivablesLongTermContractsOrPrograms $145.03M USD Point-in-time
Accounts receivable, including retainage ($24,642 and $24,108 related to VIEs) ReceivablesLongTermContractsOrPrograms $248.25M USD Point-in-time
Costs and estimated earnings in excess of billings ($8,328 and $8,180 related to VIEs) CapitalizedContractCostGross $42.55M USD Point-in-time
Costs and estimated earnings in excess of billings ($8,328 and $8,180 related to VIEs) CapitalizedContractCostGross $41.54M USD Point-in-time
Receivables from and equity in construction joint ventures ($7,406 and $6,984 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $9.20M USD Point-in-time
Receivables from and equity in construction joint ventures ($7,406 and $6,984 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $10.72M 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
Other current assets ($503 and $32 related to VIEs) OtherAssetsCurrent $11.79M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 38.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 38.00M shares Point-in-time
Other current assets ($503 and $32 related to VIEs) OtherAssetsCurrent $11.23M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 28.29M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 27.06M shares Point-in-time
Total current assets AssetsCurrent $302.62M USD Point-in-time
Total current assets AssetsCurrent $357.52M USD Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 26.60M shares Point-in-time
Property and equipment, net ($5,619 and $7,219 related to VIEs) PropertyPlantAndEquipmentNet $52.00M USD Point-in-time
Common Stock, shares outstanding (in shares) CommonStockSharesOutstanding 27.77M shares Point-in-time
Property and equipment, net ($5,619 and $7,219 related to VIEs) PropertyPlantAndEquipmentNet $116.03M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 467,000.00 shares Point-in-time
Operating lease right-of-use assets ($3,817 and $0 related to VIEs) OperatingLeaseRightOfUseAsset $13.98M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 518,000.00 shares Point-in-time
Operating lease right-of-use assets ($3,817 and $0 related to VIEs) OperatingLeaseRightOfUseAsset $13.60M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $191.89M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $94.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $45.73M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $85.23M USD Point-in-time
Accounts receivable, including retainage ($24,642 and $24,108 related to VIEs) ReceivablesLongTermContractsOrPrograms $145.03M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $256.32M USD Point-in-time
Accounts receivable, including retainage ($24,642 and $24,108 related to VIEs) ReceivablesLongTermContractsOrPrograms $248.25M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $42.42M USD Point-in-time
Costs and estimated earnings in excess of billings ($8,328 and $8,180 related to VIEs) CapitalizedContractCostGross $42.55M USD Point-in-time
Costs and estimated earnings in excess of billings ($8,328 and $8,180 related to VIEs) CapitalizedContractCostGross $41.54M USD Point-in-time
Deferred tax asset, net DeferredTaxAssetsLiabilitiesNet $26.01M USD Point-in-time
Deferred tax asset, net DeferredTaxAssetsLiabilitiesNet - USD Point-in-time
Receivables from and equity in construction joint ventures ($7,406 and $6,984 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $9.20M USD Point-in-time
Receivables from and equity in construction joint ventures ($7,406 and $6,984 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $10.72M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $183.00K USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $309.00K USD Point-in-time
Total assets Assets $482.57M USD Point-in-time
Other current assets ($503 and $32 related to VIEs) OtherAssetsCurrent $11.79M USD Point-in-time
Total assets Assets $961.94M USD Point-in-time
Other current assets ($503 and $32 related to VIEs) OtherAssetsCurrent $11.23M USD Point-in-time
Property and equipment, net ($5,619 and $7,219 related to VIEs) PropertyPlantAndEquipmentNet $52.00M USD Point-in-time
Property and equipment, net ($5,619 and $7,219 related to VIEs) PropertyPlantAndEquipmentNet $116.03M USD Point-in-time
Operating lease right-of-use assets ($3,817 and $0 related to VIEs) OperatingLeaseRightOfUseAsset $13.98M USD Point-in-time
Operating lease right-of-use assets ($3,817 and $0 related to VIEs) OperatingLeaseRightOfUseAsset $13.60M USD Point-in-time
Goodwill Goodwill $191.89M USD Point-in-time
Accounts payable ($18,213 and $22,859 related to VIEs) AccountsPayableCurrent $99.43M USD Point-in-time
Accounts payable ($18,213 and $22,859 related to VIEs) AccountsPayableCurrent $137.59M USD Point-in-time
Goodwill Goodwill $85.23M USD Point-in-time
Billings in excess of costs and estimated earnings ($9,649 and $6,585 related to VIEs) ContractWithCustomerLiabilityCurrent $62.41M USD Point-in-time
Accounts payable ($18,213 and $22,859 related to VIEs) AccountsPayableCurrent $99.43M USD Point-in-time
Accounts payable ($18,213 and $22,859 related to VIEs) AccountsPayableCurrent $137.59M USD Point-in-time
Billings in excess of costs and estimated earnings ($9,649 and $6,585 related to VIEs) ContractWithCustomerLiabilityCurrent $85.01M USD Point-in-time
Billings in excess of costs and estimated earnings ($9,649 and $6,585 related to VIEs) ContractWithCustomerLiabilityCurrent $62.41M USD Point-in-time
Current maturities of long-term debt ($39 and $174 related to VIEs) LongTermDebtCurrent $2.90M USD Point-in-time
Current maturities of long-term debt ($39 and $174 related to VIEs) LongTermDebtCurrent $42.47M USD Point-in-time
Billings in excess of costs and estimated earnings ($9,649 and $6,585 related to VIEs) ContractWithCustomerLiabilityCurrent $85.01M USD Point-in-time
Current portion of long-term lease obligations ($1,838 and $0 related to VIEs) OperatingLeaseLiabilityCurrent $6.20M USD Point-in-time
Current portion of long-term lease obligations ($1,838 and $0 related to VIEs) OperatingLeaseLiabilityCurrent $7.09M USD Point-in-time
Current maturities of long-term debt ($39 and $174 related to VIEs) LongTermDebtCurrent $2.90M USD Point-in-time
Current maturities of long-term debt ($39 and $174 related to VIEs) LongTermDebtCurrent $42.47M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $1.21M USD Point-in-time
Current portion of long-term lease obligations ($1,838 and $0 related to VIEs) OperatingLeaseLiabilityCurrent $6.20M USD Point-in-time
Current portion of long-term lease obligations ($1,838 and $0 related to VIEs) OperatingLeaseLiabilityCurrent $7.09M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $318.00K USD Point-in-time
Accrued compensation ($1,521 and $1,566 related to VIEs) EmployeeRelatedLiabilitiesCurrent $13.73M USD Point-in-time
Accrued compensation ($1,521 and $1,566 related to VIEs) EmployeeRelatedLiabilitiesCurrent $13.73M USD Point-in-time
Accrued compensation ($1,521 and $1,566 related to VIEs) EmployeeRelatedLiabilitiesCurrent $9.45M USD Point-in-time
Accrued compensation ($1,521 and $1,566 related to VIEs) EmployeeRelatedLiabilitiesCurrent $9.45M USD Point-in-time
Other current liabilities ($1,429 and $1,485 related to VIEs) OtherLiabilitiesCurrent $6.39M USD Point-in-time
Other current liabilities ($1,429 and $1,485 related to VIEs) OtherLiabilitiesCurrent $6.39M USD Point-in-time
Other current liabilities ($1,429 and $1,485 related to VIEs) OtherLiabilitiesCurrent $4.68M USD Point-in-time
Other current liabilities ($1,429 and $1,485 related to VIEs) OtherLiabilitiesCurrent $4.68M USD Point-in-time
Total current liabilities LiabilitiesCurrent $293.50M USD Point-in-time
Long-term debt ($2 and $1,976 related to VIEs) LongTermDebtNoncurrent $79.12M USD Point-in-time
Total current liabilities LiabilitiesCurrent $179.17M USD Point-in-time
Long-term debt ($2 and $1,976 related to VIEs) LongTermDebtNoncurrent $390.63M USD Point-in-time
Long-term lease obligations ($1,979 and $0 related to VIEs) OperatingLeaseLiabilityNoncurrent $6.98M USD Point-in-time
Long-term lease obligations ($1,979 and $0 related to VIEs) OperatingLeaseLiabilityNoncurrent $7.40M USD Point-in-time
Long-term debt ($2 and $1,976 related to VIEs) LongTermDebtNoncurrent $79.12M USD Point-in-time
Long-term debt ($2 and $1,976 related to VIEs) LongTermDebtNoncurrent $390.63M USD Point-in-time
Long-term lease obligations ($1,979 and $0 related to VIEs) OperatingLeaseLiabilityNoncurrent $6.98M USD Point-in-time
Long-term lease obligations ($1,979 and $0 related to VIEs) OperatingLeaseLiabilityNoncurrent $7.40M USD Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $49.00M USD Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $49.34M USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet - USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet $1.45M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $619.00K USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $1.23M USD Point-in-time
Total liabilities Liabilities $740.73M USD Point-in-time
Total liabilities Liabilities $310.31M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,290 and 27,064 shares issued, 27,772 and 26,597 shares outstanding CommonStockValue $271.00K USD Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,290 and 27,064 shares issued, 27,772 and 26,597 shares outstanding CommonStockValue $283.00K USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $251.02M USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $233.79M USD Point-in-time
Treasury Stock, at cost: 518 and 467 shares TreasuryStockValue $4.73M USD Point-in-time
Treasury Stock, at cost: 518 and 467 shares TreasuryStockValue $6.14M USD Point-in-time
Retained deficit RetainedEarningsAccumulatedDeficit $-64.93M USD Point-in-time
Retained deficit RetainedEarningsAccumulatedDeficit $-25.03M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-209.00K USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $219.92M USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $164.40M USD Point-in-time
Noncontrolling interests MinorityInterest $7.86M USD Point-in-time
Noncontrolling interests MinorityInterest $1.29M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $146.19M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.26M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $108.09M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $482.57M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $961.94M USD Point-in-time
Income Statement 120 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $268.73M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $255.18M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.13B USD Annual
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $264.09M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $346.54M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $223.95M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.04B USD Annual
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $291.27M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $957.96M USD Annual
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $222.49M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $291.70M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $927.34M USD Annual
Cost of revenues CostOfGoodsAndServicesSold $868.87M USD Annual
Cost of revenues CostOfGoodsAndServicesSold $1.02B USD Annual
Gross profit GrossProfit $19.50M USD 1 Quarter
Gross profit GrossProfit $31.05M USD 1 Quarter
Gross profit GrossProfit $31.28M USD 1 Quarter
Gross profit GrossProfit $19.83M USD 1 Quarter
Gross profit GrossProfit $110.33M USD Annual
Gross profit GrossProfit $29.22M USD 1 Quarter
Gross profit GrossProfit $28.17M USD 1 Quarter
Gross profit GrossProfit $33.58M USD 1 Quarter
Gross profit GrossProfit $107.79M USD Annual
Gross profit GrossProfit $89.09M USD Annual
Gross profit GrossProfit $25.50M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $49.20M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $46.55M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $48.22M USD Annual
Intangible asset amortization AmortizationOfIntangibleAssets $4.70M USD Annual
Intangible asset amortization AmortizationOfIntangibleAssets $2.40M USD Annual
Intangible asset amortization AmortizationOfIntangibleAssets $1.80M USD Annual
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $262.00K USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts - USD Annual
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts - USD Annual
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $1.90M USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $2.15M USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $4.31M USD Annual
Other operating expense, net OtherOperatingIncomeExpenseNet $-11.84M USD Annual
Other operating expense, net OtherOperatingIncomeExpenseNet $-14.56M USD Annual
Other operating expense, net OtherOperatingIncomeExpenseNet $-17.10M USD Annual
Operating income OperatingIncomeLoss $9.41M USD 1 Quarter
Operating income OperatingIncomeLoss $9.73M USD 1 Quarter
Operating income OperatingIncomeLoss $6.68M USD 1 Quarter
Operating income OperatingIncomeLoss $4.72M USD 1 Quarter
Operating income OperatingIncomeLoss $26.18M USD Annual
Operating income OperatingIncomeLoss $12.12M USD 1 Quarter
Operating income OperatingIncomeLoss $12.15M USD 1 Quarter
Operating income OperatingIncomeLoss $42.61M USD Annual
Operating income OperatingIncomeLoss $37.75M USD Annual
Operating income OperatingIncomeLoss $11.18M USD 1 Quarter
Operating income OperatingIncomeLoss $14.37M USD 1 Quarter
Interest income InterestIncomeOther $1.02M USD Annual
Interest income InterestIncomeOther $314.00K USD Annual
Interest income InterestIncomeOther $1.14M USD Annual
Interest expense InterestExpenseAndAccretedInterest $16.69M USD Annual
Interest expense InterestExpenseAndAccretedInterest $9.80M USD Annual
Interest expense InterestExpenseAndAccretedInterest $12.35M USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-755.00K USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-7.73M USD Annual
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD Annual
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $2.02M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $9.42M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $6.74M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $-5.54M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $14.48M USD Annual
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $8.57M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $9.24M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $3.72M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $15.94M USD Annual
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $11.58M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $31.28M USD Annual
Income tax benefit (expense) IncomeTaxExpenseBenefit $118.00K USD Annual
Income tax benefit (expense) IncomeTaxExpenseBenefit $1.74M USD Annual
Income tax benefit (expense) IncomeTaxExpenseBenefit $-26.22M USD Annual
Net income ProfitLoss $15.82M USD Annual
Net income ProfitLoss $40.70M USD Annual
Net income ProfitLoss $29.54M USD Annual
Less: Net income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $794.00K USD Annual
Less: Net income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $4.35M USD Annual
Less: Net income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $4.20M USD Annual
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $8.92M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $5.61M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $7.96M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $8.17M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.81M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $7.83M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $22.30M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $2.49M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $11.62M USD Annual
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $39.90M USD Annual
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $25.19M USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.81 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.94 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $1.50 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.44 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.09 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.22 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.33 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.07 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.21 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.07 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.29 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.43 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.93 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.30 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.30 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.09 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.47 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.79 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 26.90M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 26.27M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 26.67M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.12M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.19M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 26.71M shares Annual
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Warrants issued during the period (in shares) ClassOfWarrantOrRightIssuedDuringThePeriod 1.00M shares Annual
Net income ProfitLoss $15.82M USD Annual
Net income ProfitLoss $40.70M USD Annual
Net income ProfitLoss $29.54M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $16.77M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $16.99M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $20.74M USD Annual
Amortization of deferred debt costs AmortizationOfFinancingCosts $3.39M USD Annual
Amortization of deferred debt costs AmortizationOfFinancingCosts $3.25M USD Annual
Amortization of deferred debt costs AmortizationOfFinancingCosts $2.56M USD Annual
(Gain) loss on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $527.00K USD Annual
(Gain) loss on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $580.00K USD Annual
(Gain) loss on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $-171.00K USD Annual
Loss on debt extinguishment GainLossOnExtinguishmentOfDebtRelatedToCashPortion - USD Annual
Loss on debt extinguishment GainLossOnExtinguishmentOfDebtRelatedToCashPortion $-755.00K USD Annual
Loss on debt extinguishment GainLossOnExtinguishmentOfDebtRelatedToCashPortion $-4.33M USD Annual
Deferred taxes DeferredIncomeTaxExpenseBenefit - USD Annual
Deferred taxes DeferredIncomeTaxExpenseBenefit $-27.40M USD Annual
Deferred taxes DeferredIncomeTaxExpenseBenefit $1.45M USD Annual
Stock-based compensation ShareBasedCompensation $2.84M USD Annual
Stock-based compensation ShareBasedCompensation $3.06M USD Annual
Stock-based compensation ShareBasedCompensation $3.79M USD Annual
Unrealized gain on hedge UnrealizedGainLossOnDerivatives $30.00K USD Annual
Unrealized gain on hedge UnrealizedGainLossOnDerivatives - USD Annual
Unrealized gain on hedge UnrealizedGainLossOnDerivatives - USD Annual
Changes in operating assets and liabilities IncreaseDecreaseInOperatingCapital $14.02M USD Annual
Changes in operating assets and liabilities IncreaseDecreaseInOperatingCapital $14.38M USD Annual
Changes in operating assets and liabilities IncreaseDecreaseInOperatingCapital $3.90M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $24.77M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $39.47M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $41.09M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $15.40M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $9.42M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $13.17M USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.33M USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.79M USD Annual
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $8.38M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.38M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-410.39M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-55.90M USD Annual
Cash received from credit facility ProceedsFromLinesOfCredit - USD Annual
Cash received from credit facility ProceedsFromLinesOfCredit $430.00M USD Annual
Cash received from credit facility ProceedsFromLinesOfCredit $85.00M USD Annual
Repayments of long-term debt RepaymentsOfLongTermDebt $11.55M USD Annual
Repayments of long-term debt RepaymentsOfLongTermDebt $4.71M USD Annual
Repayments of long-term debt RepaymentsOfLongTermDebt $87.62M USD Annual
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders - USD Annual
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders $7.36M USD Annual
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders $1.35M USD Annual
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $3.20M USD Annual
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $4.73M USD Annual
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock - USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $10.69M USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $6.87M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-314.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-1.12M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-199.00K USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-17.95M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $72.30M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $320.93M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-48.36M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $41.17M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.14M USD Annual
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $42.78M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $83.95M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.09M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.73M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $42.78M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $83.95M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.09M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.73M USD Point-in-time
Cash paid during the period for interest InterestPaidNet $11.57M USD Annual
Cash paid during the period for interest InterestPaidNet $10.83M USD Annual
Cash paid during the period for interest InterestPaidNet $9.80M USD Annual
Cash paid during the period for income taxes IncomeTaxesPaid $279.00K USD Annual
Cash paid during the period for income taxes IncomeTaxesPaid $94.00K USD Annual
Cash paid during the period for income taxes IncomeTaxesPaid $276.00K USD Annual
Share consideration given for acquisitions BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable $16.20M USD Annual
Share consideration given for acquisitions BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable $17.60M USD Annual
Share consideration given for acquisitions BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable - USD Annual
Notes and deferred payments to sellers NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred - USD Annual
Notes and deferred payments to sellers NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred $10.00M USD Annual
Notes and deferred payments to sellers NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred $11.59M USD Annual
Estimated tax basis election BusinessCombinationConsiderationTransferredTaxGrossUpPayment - USD Annual
Estimated tax basis election BusinessCombinationConsiderationTransferredTaxGrossUpPayment $5.14M USD Point-in-time
Estimated tax basis election BusinessCombinationConsiderationTransferredTaxGrossUpPayment - USD Annual
Warrants issued to lenders (1,000 Warrants) OtherSignificantNoncashTransactionValueOfConsiderationGiven1 - USD Annual
Warrants issued to lenders (1,000 Warrants) OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $3.50M USD Annual
Warrants issued to lenders (1,000 Warrants) OtherSignificantNoncashTransactionValueOfConsiderationGiven1 - USD Annual
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $146.19M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.26M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $108.09M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Net income ProfitLoss $15.82M USD Annual
Net income ProfitLoss $40.70M USD Annual
Net income ProfitLoss $29.54M USD Annual
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-209.00K USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $2.84M USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $3.06M USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $3.79M USD Annual
Stock issued for acquisition StockIssuedDuringPeriodValueAcquisitions $17.06M USD Annual
Stock issued for acquisition StockIssuedDuringPeriodValueAcquisitions $16.20M USD Annual
Distribution to owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD Annual
Distribution to owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.35M USD Annual
Distribution to owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $7.36M USD Annual
Warrants issued to lenders AdjustmentsToAdditionalPaidInCapitalWarrantIssued $3.50M USD Annual
Other AdjustmentsToAdditionalPaidInCapitalOther $-1.12M USD Annual
Issuance of stock StockIssuedDuringPeriodValueNewIssues $152.00K USD Annual
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $452.00K USD Annual
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $1.11M USD Annual
Purchase of Treasury Stock TreasuryStockValueAcquiredCostMethod $4.73M USD Annual
Purchase of Treasury Stock TreasuryStockValueAcquiredCostMethod $3.20M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $146.19M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $172.26M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $108.09M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Comprehensive Income 15 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $15.82M USD Annual
Net income ProfitLoss $40.70M USD Annual
Net income ProfitLoss $29.54M USD Annual
Loss on interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax - USD Annual
Loss on interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax - USD Annual
Loss on interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $209.00K USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $15.82M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $29.54M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.49M USD Annual
Less: Comprehensive income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $794.00K USD Annual
Less: Comprehensive income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $4.35M USD Annual
Less: Comprehensive income attributable to noncontrolling interests NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable $4.20M USD Annual
Comprehensive income attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $39.69M USD Annual
Comprehensive income attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $11.62M USD Annual
Comprehensive income attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $25.19M USD Annual

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

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