10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000874238-20-000120`
Period End Date	20200930
Filing Date	20201103
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	strl-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 122 Income Statement 80 Cash Flow Statement 52 Stockholders Equity 54 Comprehensive Income 26

Balance Sheet 122 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($24,009 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$72.59M	USD	Point-in-time
Cash and cash equivalents ($24,009 and $7,538 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$45.73M	USD	Point-in-time
Accounts receivable, including retainage ($37,721 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$271.34M	USD	Point-in-time
Accounts receivable, including retainage ($37,721 and $24,642 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$248.25M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($7,213 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$55.31M	USD	Point-in-time
Costs and estimated earnings in excess of billings ($7,213 and $8,328 related to VIEs)	`CapitalizedContractCostGross`	$42.55M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($9,684 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.20M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($9,684 and $7,406 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$13.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.73M	USD	Point-in-time
Accounts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$271.34M	USD	Point-in-time
Other current assets ($146 and $503 related to VIEs)	`OtherAssetsCurrent`	$11.79M	USD	Point-in-time
Other current assets ($146 and $503 related to VIEs)	`OtherAssetsCurrent`	$14.17M	USD	Point-in-time
Accounts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$248.25M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CapitalizedContractCostGross`	$55.31M	USD	Point-in-time
Costs and estimated earnings in excess of billings	`CapitalizedContractCostGross`	$42.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$427.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$357.52M	USD	Point-in-time
Property and equipment, net ($5,944 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$116.03M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.20M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$13.80M	USD	Point-in-time
Property and equipment, net ($5,944 and $5,619 related to VIEs)	`PropertyPlantAndEquipmentNet`	$121.53M	USD	Point-in-time
Operating lease right-of-use assets ($4,079 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$13.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.79M	USD	Point-in-time
Operating lease right-of-use assets ($4,079 and $3,817 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$17.25M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.17M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$192.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$116.03M	USD	Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs)	`Goodwill`	$191.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$121.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$13.98M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$256.32M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.25M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$247.75M	USD	Point-in-time
Goodwill	`Goodwill`	$192.01M	USD	Point-in-time
Goodwill	`Goodwill`	$191.89M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$26.01M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$16.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$137.59M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$183.00K	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$153.00K	USD	Point-in-time
Total assets	`Assets`	$961.94M	USD	Point-in-time
Billings in excess of costs and estimated earnings	`ContractWithCustomerLiabilityCurrent`	$85.01M	USD	Point-in-time
Billings in excess of costs and estimated earnings	`ContractWithCustomerLiabilityCurrent`	$126.99M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$42.47M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$57.48M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$7.62M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$7.09M	USD	Point-in-time
Accounts payable ($25,276 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$127.34M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$24.33M	USD	Point-in-time
Accounts payable ($25,276 and $18,213 related to VIEs)	`AccountsPayableCurrent`	$137.59M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$13.73M	USD	Point-in-time
Billings in excess of costs and estimated earnings ($18,533 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$85.01M	USD	Point-in-time
Billings in excess of costs and estimated earnings ($18,533 and $9,649 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$126.99M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.39M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$11.37M	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 maturities of long-term debt ($6,793 and $39 related to VIEs)	`LongTermDebtCurrent`	$57.48M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$390.63M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$335.24M	USD	Point-in-time
Current portion of long-term lease obligations ($1,716 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.62M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$6.98M	USD	Point-in-time
Current portion of long-term lease obligations ($1,716 and $1,838 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.09M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$9.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.12M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.25M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$619.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.21M	USD	Point-in-time
Accrued compensation ($3,582 and $1,521 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$24.33M	USD	Point-in-time
Common Stock, Par Value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accrued compensation ($3,582 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 ($2,256 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$6.39M	USD	Point-in-time
Other current liabilities ($2,256 and $1,429 related to VIEs)	`OtherLiabilitiesCurrent`	$11.37M	USD	Point-in-time
Common Stock Authorized (in shares)	`CommonStockSharesAuthorized`	38.00M	shares	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`	$357.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$293.50M	USD	Point-in-time
Long-term debt ($37 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$390.63M	USD	Point-in-time
Common Stock Outstanding (in shares)	`CommonStockSharesOutstanding`	28.09M	shares	Point-in-time
Common Stock Outstanding (in shares)	`CommonStockSharesOutstanding`	27.77M	shares	Point-in-time
Long-term debt ($37 and $2 related to VIEs)	`LongTermDebtNoncurrent`	$335.24M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	518,000.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	194,000.00	shares	Point-in-time
Long-term lease obligations ($2,363 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$6.98M	USD	Point-in-time
Long-term lease obligations ($2,363 and $1,979 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$9.67M	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`	$50.80M	USD	Point-in-time
Other long-term liabilities ($1,016 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$10.12M	USD	Point-in-time
Other long-term liabilities ($1,016 and $0 related to VIEs)	`OtherLiabilitiesNoncurrent`	$619.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$763.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$740.73M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	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, 28,086 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, 28,086 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`	$254.86M	USD	Point-in-time
Treasury stock, at cost: 194 and 518 shares	`TreasuryStockValue`	$2.65M	USD	Point-in-time
Treasury stock, at cost: 194 and 518 shares	`TreasuryStockValue`	$6.14M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$11.45M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-25.03M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.31M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-209.00K	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$257.63M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$219.92M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.29M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$183.26M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$961.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$383.46M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$779.73M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$291.70M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$262.48M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$705.52M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$935.42M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$333.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$29.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.22M	USD	3 Qtrs
Gross profit	`GrossProfit`	$144.76M	USD	3 Qtrs
Gross profit	`GrossProfit`	$49.92M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$32.30M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$10.24M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$15.15M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$51.21M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$8.57M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$600.00K	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$1.80M	USD	3 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.16M	USD	3 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.01M	USD	3 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$401.00K	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.90M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-9.99M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-2.66M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-4.37M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-9.94M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$28.02M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$73.98M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$28.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.12M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$986.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$146.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$23.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$331.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$7.18M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$8.99M	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$22.54M	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$3.02M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$9.42M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$20.02M	USD	3 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$51.59M	USD	3 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$21.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.71M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$913.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.28M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$18.23M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$552.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$395.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$635.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$240.00K	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.16M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.60M	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.48M	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.96M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.83M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.36M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.66M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.99M	shares	3 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$18.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.29M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.64M	USD	3 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$2.49M	USD	3 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$2.38M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$466.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.04M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.56M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$10.95M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$800.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$4.72M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.49M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.96M	USD	3 Qtrs
Change in interest rate hedge	`UnrealizedGainLossOnDerivatives`	$-251.00K	USD	3 Qtrs
Change in interest rate hedge	`UnrealizedGainLossOnDerivatives`	-	USD	3 Qtrs
Changes in operating assets and liabilities (Note 17)	`IncreaseDecreaseInOperatingCapital`	$-8.83M	USD	3 Qtrs
Changes in operating assets and liabilities (Note 17)	`IncreaseDecreaseInOperatingCapital`	$28.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$90.95M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.48M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.09M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.87M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.56M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.26M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.61M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.53M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$52.70M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$10.44M	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$5.90M	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.20M	USD	3 Qtrs
Other borrowings	`ProceedsFromPaymentsForOtherFinancingActivities`	$9.14M	USD	3 Qtrs
Other borrowings	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.56M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.44M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.86M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.57M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.53M	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`	$72.59M	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`	$76.53M	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`	$72.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.73M	USD	Point-in-time

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$183.26M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$18.23M	USD	3 Qtrs
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	3 Qtrs
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.01M	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	USD	3 Qtrs
Stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensationGross`	276,000.00	shares	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.76M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.23M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.96M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$819.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$649.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.02M	USD	1 Quarter
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	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`	$70.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$203.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$104.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$103.00K	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`	$133.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$98.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$564.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-73.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-11.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$174.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$183.26M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$166.28M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.26M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$7.87M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	1 Quarter
Net income	`ProfitLoss`	$18.23M	USD	3 Qtrs
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	3 Qtrs
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.01M	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.23M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.51M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.77M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.41M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$552.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$395.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$635.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$240.00K	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$16.17M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$30.38M	USD	3 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$17.60M	USD	3 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$7.96M	USD	1 Quarter

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