10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000874238-20-000089`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	strl-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 119 Income Statement 78 Cash Flow Statement 50 Stockholders Equity 39 Comprehensive Income 23

Balance Sheet 119 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($15,877 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$45.73M	USD	Point-in-time
Cash and cash equivalents ($15,877 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$70.61M	USD	Point-in-time
Accounts receivable, including retainage ($39,085 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$269.41M	USD	Point-in-time
Accounts receivable, including retainage ($39,085 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$248.25M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($5,012 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$52.07M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($5,012 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$42.55M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($8,302 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$12.40M	USD	Point-in-time
Cash and cash equivalents ($15,877 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$45.73M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($8,302 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.20M	USD	Point-in-time
Cash and cash equivalents ($15,877 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$70.61M	USD	Point-in-time
Other current assets ($110 and $503 related to VIEs)	`OtherAssetsCurrent`	$11.96M	USD	Point-in-time
Other current assets ($110 and $503 related to VIEs)	`OtherAssetsCurrent`	$11.79M	USD	Point-in-time
Accounts receivable, including retainage ($39,085 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$269.41M	USD	Point-in-time
Accounts receivable, including retainage ($39,085 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$248.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$357.52M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($5,012 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$52.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$416.45M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($5,012 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$42.55M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($8,302 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$12.40M	USD	Point-in-time
Property and equipment, net ($6,000 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$116.03M	USD	Point-in-time
Property and equipment, net ($6,000 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$119.60M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($8,302 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.20M	USD	Point-in-time
Operating lease right-of-use assets ($3,951 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$13.98M	USD	Point-in-time
Other current assets ($110 and $503 related to VIEs)	`OtherAssetsCurrent`	$11.96M	USD	Point-in-time
Other current assets ($110 and $503 related to VIEs)	`OtherAssetsCurrent`	$11.79M	USD	Point-in-time
Operating lease right-of-use assets ($3,951 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$17.08M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$192.01M	USD	Point-in-time
Property and equipment, net ($6,000 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$116.03M	USD	Point-in-time
Property and equipment, net ($6,000 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$119.60M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$191.89M	USD	Point-in-time
Operating lease right-of-use assets ($3,951 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$13.98M	USD	Point-in-time
Operating lease right-of-use assets ($3,951 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$17.08M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$250.62M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$256.32M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$26.01M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$192.01M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$191.89M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$21.60M	USD	Point-in-time
Accounts payable ($21,943 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$137.59M	USD	Point-in-time
Accounts payable ($21,943 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$131.10M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$153.00K	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$183.00K	USD	Point-in-time
Total assets	`Assets`	$961.94M	USD	Point-in-time
Billings in excess of costs and estimated earnings ($15,514 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$85.01M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Billings in excess of costs and estimated earnings ($15,514 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$110.93M	USD	Point-in-time
Current maturities of long-term debt ($6,793 and $39 related to VIEs)	`LongTermDebtCurrent`	$54.98M	USD	Point-in-time
Current maturities of long-term debt ($6,793 and $39 related to VIEs)	`LongTermDebtCurrent`	$42.47M	USD	Point-in-time
Current portion of long-term lease obligations ($1,792 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.42M	USD	Point-in-time
Current portion of long-term lease obligations ($1,792 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.09M	USD	Point-in-time
Accounts payable ($21,943 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$137.59M	USD	Point-in-time
Accounts payable ($21,943 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$131.10M	USD	Point-in-time
Accrued compensation ($2,965 and $1,521 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$19.07M	USD	Point-in-time
Accrued compensation ($2,965 and $1,521 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$13.73M	USD	Point-in-time
Other current liabilities ($1,587 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$6.39M	USD	Point-in-time
Billings in excess of costs and estimated earnings ($15,514 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$85.01M	USD	Point-in-time
Other current liabilities ($1,587 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$10.59M	USD	Point-in-time
Billings in excess of costs and estimated earnings ($15,514 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$110.93M	USD	Point-in-time
Current maturities of long-term debt ($6,793 and $39 related to VIEs)	`LongTermDebtCurrent`	$54.98M	USD	Point-in-time
Current maturities of long-term debt ($6,793 and $39 related to VIEs)	`LongTermDebtCurrent`	$42.47M	USD	Point-in-time
Long-term debt ($9 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$390.63M	USD	Point-in-time
Long-term debt ($9 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$367.03M	USD	Point-in-time
Long-term lease obligations ($2,159 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$6.98M	USD	Point-in-time
Current portion of long-term lease obligations ($1,792 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.42M	USD	Point-in-time
Long-term lease obligations ($2,159 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$9.73M	USD	Point-in-time
Current portion of long-term lease obligations ($1,792 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.09M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$3.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.21M	USD	Point-in-time
Other long-term liabilities ($509 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$8.22M	USD	Point-in-time
Other long-term liabilities ($509 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$619.00K	USD	Point-in-time
Common Stock, Par Value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accrued compensation ($2,965 and $1,521 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$19.07M	USD	Point-in-time
Common Stock, Par Value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accrued compensation ($2,965 and $1,521 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$13.73M	USD	Point-in-time
Common Stock Authorized (in shares)	`CommonStockSharesAuthorized`	38.00M	shares	Point-in-time
Other current liabilities ($1,587 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$6.39M	USD	Point-in-time
Common Stock Authorized (in shares)	`CommonStockSharesAuthorized`	38.00M	shares	Point-in-time
Other current liabilities ($1,587 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$10.59M	USD	Point-in-time
Common Stock Issued (in shares)	`CommonStockSharesIssued`	28.28M	shares	Point-in-time
Common Stock Issued (in shares)	`CommonStockSharesIssued`	28.29M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$293.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$337.69M	USD	Point-in-time
Common Stock Outstanding (in shares)	`CommonStockSharesOutstanding`	28.03M	shares	Point-in-time
Long-term debt ($9 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$390.63M	USD	Point-in-time
Common Stock Outstanding (in shares)	`CommonStockSharesOutstanding`	27.77M	shares	Point-in-time
Long-term debt ($9 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$367.03M	USD	Point-in-time
Long-term lease obligations ($2,159 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$6.98M	USD	Point-in-time
Long-term lease obligations ($2,159 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$9.73M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	246,000.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	518,000.00	shares	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$53.75M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$49.00M	USD	Point-in-time
Other long-term liabilities ($509 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$8.22M	USD	Point-in-time
Other long-term liabilities ($509 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$619.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$740.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$776.42M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,280 and 28,290 shares issued, 28,034 and 27,772 shares outstanding	`CommonStockValue`	$283.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,280 and 28,290 shares issued, 28,034 and 27,772 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`	$253.82M	USD	Point-in-time
Treasury Stock, at cost: 246 and 518 shares	`TreasuryStockValue`	$3.44M	USD	Point-in-time
Treasury Stock, at cost: 246 and 518 shares	`TreasuryStockValue`	$6.14M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-3.71M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-25.03M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-209.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.32M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$239.64M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$219.92M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.45M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$961.94M	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$696.73M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$488.04M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$400.04M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$264.09M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$340.44M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$601.88M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$443.04M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$238.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$45.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$59.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$25.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$18.45M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$36.05M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$22.06M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$10.17M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$1.20M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$600.00K	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$5.70M	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$262.00K	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$612.00K	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$262.00K	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$139.00K	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-7.33M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-3.28M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-5.57M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-5.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$15.90M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$11.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.15M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$123.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$655.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$24.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$291.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$5.96M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$2.90M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$15.36M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$7.56M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$25.51M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$8.57M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$10.60M	USD	2 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$29.91M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.43M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$706.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$869.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.25M	USD	1 Quarter
Net income	`ProfitLoss`	$9.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$83.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$155.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$55.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$37.00K	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.21M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.32M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.64M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.83M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.36M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.79M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.62M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.47M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.54M	USD	2 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$1.76M	USD	2 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$1.60M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$598.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$441.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$761.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$5.31M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$620.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$6.22M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.67M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.20M	USD	2 Qtrs
Loss on interest rate hedge	`UnrealizedGainLossOnDerivatives`	$-272.00K	USD	2 Qtrs
Loss on interest rate hedge	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Changes in operating assets and liabilities (Note 17)	`IncreaseDecreaseInOperatingCapital`	$-385.00K	USD	2 Qtrs
Changes in operating assets and liabilities (Note 17)	`IncreaseDecreaseInOperatingCapital`	$26.12M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.26M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.33M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.85M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.57M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$769.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$802.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.05M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.80M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$5.76M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$22.64M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$5.10M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.20M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$76.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$9.07M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.99M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.58M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.88M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.36M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.73M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.73M	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`	$70.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.73M	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`	$70.61M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Net income	`ProfitLoss`	$9.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.11M	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	USD	1 Quarter
Stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensationGross`	211,000.00	shares	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.02M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.96M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$649.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.23M	USD	1 Quarter
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.10M	USD	1 Quarter
Purchase of treasury stock	`StockRepurchasedDuringPeriodValue`	$3.20M	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$103.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$104.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$50.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$772.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$98.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$564.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-73.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time

Comprehensive Income 23 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.11M	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Loss on interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.73M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.37M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.87M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.21M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$83.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$155.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$55.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$37.00K	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$7.83M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$18.16M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$9.64M	USD	2 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$14.21M	USD	2 Qtrs

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