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10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0000874238-21-000028
Period End Date 20210331
Filing Date 20210504
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance strl-20210331_htm.xml
Balance Sheet 118 line items
Line Item Tag Value Unit Period
Cash and cash equivalents ($20,270 and $26,122 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $66.19M USD Point-in-time
Cash and cash equivalents ($20,270 and $26,122 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $61.40M USD Point-in-time
Accounts receivable ($19,567 and $25,789 related to VIEs) ReceivablesLongTermContractsOrPrograms $170.19M USD Point-in-time
Accounts receivable ($19,567 and $25,789 related to VIEs) ReceivablesLongTermContractsOrPrograms $177.42M USD Point-in-time
Contract assets ($10,404 and $8,370 related to VIEs) CapitalizedContractCostGross $90.11M USD Point-in-time
Contract assets ($10,404 and $8,370 related to VIEs) CapitalizedContractCostGross $84.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $66.19M USD Point-in-time
Receivables from and equity in construction joint ventures ($9,312 and $9,708 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $18.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.40M USD Point-in-time
Receivables from and equity in construction joint ventures ($9,312 and $9,708 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $16.65M USD Point-in-time
Accounts receivable ReceivablesLongTermContractsOrPrograms $170.19M USD Point-in-time
Other current assets ($2,829 and $1,493 related to VIEs) OtherAssetsCurrent $15.37M USD Point-in-time
Accounts receivable ReceivablesLongTermContractsOrPrograms $177.42M USD Point-in-time
Other current assets ($2,829 and $1,493 related to VIEs) OtherAssetsCurrent $16.31M USD Point-in-time
Total current assets AssetsCurrent $355.23M USD Point-in-time
Total current assets AssetsCurrent $361.54M USD Point-in-time
Contract assets CapitalizedContractCostGross $90.11M USD Point-in-time
Contract assets CapitalizedContractCostGross $84.97M USD Point-in-time
Property and equipment, net ($8,999 and $6,010 related to VIEs) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $126.67M USD Point-in-time
Receivables from and equity in construction joint ventures ReceivablesFromAndEquityInConstructionJointVenture $18.17M USD Point-in-time
Property and equipment, net ($8,999 and $6,010 related to VIEs) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $135.43M USD Point-in-time
Receivables from and equity in construction joint ventures ReceivablesFromAndEquityInConstructionJointVenture $16.65M USD Point-in-time
Other current assets OtherAssetsCurrent $15.37M USD Point-in-time
Operating lease right-of-use assets, net ($4,060 and $4,213 related to VIEs) OperatingLeaseRightOfUseAsset $16.52M USD Point-in-time
Operating lease right-of-use assets, net ($4,060 and $4,213 related to VIEs) OperatingLeaseRightOfUseAsset $15.80M USD Point-in-time
Other current assets OtherAssetsCurrent $16.31M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $126.67M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $192.01M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $135.43M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $192.01M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $16.52M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $15.80M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $244.89M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $242.02M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $7.82M USD Point-in-time
Goodwill Goodwill $192.01M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $3.41M USD Point-in-time
Goodwill Goodwill $192.01M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $3.31M USD Point-in-time
Accounts payable AccountsPayableCurrent $111.13M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $3.25M USD Point-in-time
Accounts payable AccountsPayableCurrent $95.20M USD Point-in-time
Total assets Assets $947.22M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $114.02M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $111.23M USD Point-in-time
Total assets Assets $952.69M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $77.43M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $59.96M USD Point-in-time
Current portion of long-term lease obligations OperatingLeaseLiabilityCurrent $7.63M USD Point-in-time
Current portion of long-term lease obligations OperatingLeaseLiabilityCurrent $7.59M USD Point-in-time
Accounts payable ($17,608 and $19,505 related to VIEs) AccountsPayableCurrent $111.13M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $18.01M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $22.12M USD Point-in-time
Accounts payable ($17,608 and $19,505 related to VIEs) AccountsPayableCurrent $95.20M USD Point-in-time
Contract liabilities ($13,287 and $17,678 related to VIEs) ContractWithCustomerLiabilityCurrent $114.02M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $9.91M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $9.63M USD Point-in-time
Contract liabilities ($13,287 and $17,678 related to VIEs) ContractWithCustomerLiabilityCurrent $111.23M USD Point-in-time
Current maturities of long-term debt ($6,793 and $6,793 related to VIEs) LongTermDebtCurrent $77.43M USD Point-in-time
Long term debt LongTermDebtNoncurrent $279.18M USD Point-in-time
Long term debt LongTermDebtNoncurrent $291.25M USD Point-in-time
Current maturities of long-term debt ($6,793 and $6,793 related to VIEs) LongTermDebtCurrent $59.96M USD Point-in-time
Long-term lease obligations OperatingLeaseLiabilityNoncurrent $8.20M USD Point-in-time
Current portion of long-term lease obligations ($1,929 and $1,801 related to VIEs) OperatingLeaseLiabilityCurrent $7.63M USD Point-in-time
Long-term lease obligations OperatingLeaseLiabilityNoncurrent $8.96M USD Point-in-time
Current portion of long-term lease obligations ($1,929 and $1,801 related to VIEs) OperatingLeaseLiabilityCurrent $7.59M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $260.00K USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $10.29M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent - USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $10.58M USD Point-in-time
Accrued compensation ($2,817 and $2,141 related to VIEs) EmployeeRelatedLiabilitiesCurrent $18.01M USD Point-in-time
Accrued compensation ($2,817 and $2,141 related to VIEs) EmployeeRelatedLiabilitiesCurrent $22.12M 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
Other current liabilities ($1,295 and $1,374 related to VIEs) OtherLiabilitiesCurrent $9.91M USD Point-in-time
Other current liabilities ($1,295 and $1,374 related to VIEs) OtherLiabilitiesCurrent $9.63M USD Point-in-time
Common stock authorized (in shares) CommonStockSharesAuthorized 38.00M shares 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 28.61M shares Point-in-time
Total current liabilities LiabilitiesCurrent $321.88M USD Point-in-time
Total current liabilities LiabilitiesCurrent $322.25M USD Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 28.61M shares Point-in-time
Long-term debt ($62 and $53 related to VIEs) LongTermDebtNoncurrent $279.18M USD Point-in-time
Long-term debt ($62 and $53 related to VIEs) LongTermDebtNoncurrent $291.25M USD Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 28.18M shares Point-in-time
Long-term lease obligations ($2,131 and $2,412 related to VIEs) OperatingLeaseLiabilityNoncurrent $8.20M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 0.00 shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 95,000.00 shares Point-in-time
Long-term lease obligations ($2,131 and $2,412 related to VIEs) OperatingLeaseLiabilityNoncurrent $8.96M USD Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $51.29M USD Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $51.62M USD Point-in-time
Other long-term liabilities ($1,063 and $722 related to VIEs) OtherLiabilitiesNoncurrent $10.29M USD Point-in-time
Other long-term liabilities ($1,063 and $722 related to VIEs) OtherLiabilitiesNoncurrent $10.58M USD Point-in-time
Total liabilities Liabilities $671.52M USD Point-in-time
Total liabilities Liabilities $683.97M USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,606 and 28,279 shares issued, 28,606 and 28,184 shares outstanding CommonStockValue $286.00K USD Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,606 and 28,279 shares issued, 28,606 and 28,184 shares outstanding CommonStockValue $283.00K USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $251.34M USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $256.42M USD Point-in-time
Treasury stock, at cost: 0 and 95 shares TreasuryStockValue $1.45M USD Point-in-time
Treasury stock, at cost: 0 and 95 shares TreasuryStockValue - USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $17.27M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $27.83M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.37M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.26M USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $267.27M USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $275.08M USD Point-in-time
Noncontrolling interests MinorityInterest $1.46M USD Point-in-time
Noncontrolling interests MinorityInterest $613.00K USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $218.93M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $268.73M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.69M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $952.69M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $947.22M USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $315.32M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $296.69M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $261.44M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $270.28M USD 1 Quarter
Gross profit GrossProfit $35.24M USD 1 Quarter
Gross profit GrossProfit $45.03M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $17.10M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $17.60M USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $2.84M USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $2.87M USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $473.00K USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-2.31M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-2.23M USD 1 Quarter
Operating income OperatingIncomeLoss $12.10M USD 1 Quarter
Operating income OperatingIncomeLoss $22.75M USD 1 Quarter
Interest income InterestIncomeOther $14.00K USD 1 Quarter
Interest income InterestIncomeOther $99.00K USD 1 Quarter
Interest expense InterestExpenseAndAccretedInterest $7.80M USD 1 Quarter
Interest expense InterestExpenseAndAccretedInterest $6.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-337.00K USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $4.40M USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $16.43M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $4.76M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.18M USD 1 Quarter
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $3.21M USD 1 Quarter
Less: Net income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $100.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.11M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $10.55M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $3.12M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.37 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.11 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.11 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.37 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.28M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.74M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.99M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.76M shares 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $3.21M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.30M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.29M USD 1 Quarter
Amortization of debt issuance costs and non-cash interest AmortizationOfFinancingCostsAndDiscounts $660.00K USD 1 Quarter
Amortization of debt issuance costs and non-cash interest AmortizationOfFinancingCostsAndDiscounts $1.02M USD 1 Quarter
Gain on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $393.00K USD 1 Quarter
Gain on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $68.00K USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-337.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $913.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $4.14M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $2.23M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $1.83M USD 1 Quarter
Change in interest rate swap UnrealizedGainLossOnDerivatives $-171.00K USD 1 Quarter
Change in interest rate swap UnrealizedGainLossOnDerivatives $22.00K USD 1 Quarter
Changes in operating assets and liabilities (Note 15) IncreaseDecreaseInOperatingCapital $-11.86M USD 1 Quarter
Changes in operating assets and liabilities (Note 15) IncreaseDecreaseInOperatingCapital $4.68M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $38.72M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $10.77M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $11.21M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $7.35M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $208.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $512.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-6.84M USD 1 Quarter
Cash received from credit facility ProceedsFromLinesOfCredit - USD 1 Quarter
Cash received from credit facility ProceedsFromLinesOfCredit $30.00M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $5.08M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $30.54M USD 1 Quarter
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders - USD 1 Quarter
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders $1.96M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-675.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-32.50M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $24.24M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-4.78M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $28.17M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $66.19M 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 $73.91M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.40M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $66.19M 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 $73.91M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $61.40M USD Point-in-time
Capital expenditures CapitalExpendituresIncurredButNotYetPaid $3.13M USD 1 Quarter
Capital expenditures CapitalExpendituresIncurredButNotYetPaid - USD 1 Quarter
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $218.93M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $268.73M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.69M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $3.21M USD 1 Quarter
Change in interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $895.00K USD 1 Quarter
Change in interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-7.06M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $1.83M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $2.23M USD 1 Quarter
Distributions to owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.96M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $144.00K USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $103.00K USD 1 Quarter
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $772.00K USD 1 Quarter
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $5.62M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $218.93M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $268.73M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.69M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $221.21M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $3.21M USD 1 Quarter
Change in interest rate swap, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $895.00K USD 1 Quarter
Change in interest rate swap, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-7.06M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $12.56M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.85M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $100.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.11M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $-3.95M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $11.45M USD 1 Quarter

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

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