10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000874238-21-000069`
Period End Date	20210630
Filing Date	20210803
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	strl-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 122 Income Statement 82 Cash Flow Statement 59 Stockholders Equity 38 Comprehensive Income 24

Balance Sheet 122 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($30,006 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$93.63M	USD	Point-in-time
Cash and cash equivalents ($30,006 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$70.61M	USD	Point-in-time
Cash and cash equivalents ($30,006 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Accounts receivable ($26,778 and $25,789 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$177.42M	USD	Point-in-time
Accounts receivable ($26,778 and $25,789 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$211.53M	USD	Point-in-time
Contract assets ($11,704 and $8,370 related to VIEs)	`CapitalizedContractCostGross`	$86.18M	USD	Point-in-time
Contract assets ($11,704 and $8,370 related to VIEs)	`CapitalizedContractCostGross`	$84.97M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($6,027 and $9,708 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$18.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.63M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($6,027 and $9,708 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$16.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Accounts receivable	`ReceivablesLongTermContractsOrPrograms`	$177.42M	USD	Point-in-time
Other current assets ($3,188 and $1,493 related to VIEs)	`OtherAssetsCurrent`	$24.74M	USD	Point-in-time
Other current assets ($3,188 and $1,493 related to VIEs)	`OtherAssetsCurrent`	$16.31M	USD	Point-in-time
Accounts receivable	`ReceivablesLongTermContractsOrPrograms`	$211.53M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$86.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$361.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$434.09M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$84.97M	USD	Point-in-time
Property and equipment, net ($9,539 and $6,010 related to VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$142.01M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$18.01M	USD	Point-in-time
Property and equipment, net ($9,539 and $6,010 related to VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$126.67M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$16.65M	USD	Point-in-time
Operating lease right-of-use assets, net ($4,279 and $4,213 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$16.52M	USD	Point-in-time
Operating lease right-of-use assets, net ($4,279 and $4,213 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$16.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.74M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$142.01M	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`	$126.67M	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
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$239.16M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$16.61M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$244.89M	USD	Point-in-time
Goodwill	`Goodwill`	$192.01M	USD	Point-in-time
Goodwill	`Goodwill`	$192.01M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$7.82M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$3.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$95.20M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$3.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$137.93M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$141.24M	USD	Point-in-time
Total assets	`Assets`	$952.69M	USD	Point-in-time
Total assets	`Assets`	$1.03B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$114.02M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$77.43M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$23.19M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$7.94M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$7.59M	USD	Point-in-time
Accounts payable ($26,209 and $19,505 related to VIEs)	`AccountsPayableCurrent`	$95.20M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$27.13M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$18.01M	USD	Point-in-time
Accounts payable ($26,209 and $19,505 related to VIEs)	`AccountsPayableCurrent`	$137.93M	USD	Point-in-time
Contract liabilities ($17,953 and $17,678 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$141.24M	USD	Point-in-time
Contract liabilities ($17,953 and $17,678 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$114.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.63M	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`	$77.43M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$303.53M	USD	Point-in-time
Current maturities of long-term debt ($6,793 and $6,793 related to VIEs)	`LongTermDebtCurrent`	$23.19M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$8.96M	USD	Point-in-time
Current portion of long-term lease obligations ($2,011 and $1,801 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.94M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$8.78M	USD	Point-in-time
Current portion of long-term lease obligations ($2,011 and $1,801 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.59M	USD	Point-in-time
Accrued compensation ($3,608 and $2,141 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$27.13M	USD	Point-in-time
Accrued compensation ($3,608 and $2,141 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$18.01M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.58M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.42M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current liabilities ($1,472 and $1,374 related to VIEs)	`OtherLiabilitiesCurrent`	$8.81M	USD	Point-in-time
Other current liabilities ($1,472 and $1,374 related to VIEs)	`OtherLiabilitiesCurrent`	$9.63M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$346.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$321.88M	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
Long-term debt ($79 and $53 related to VIEs)	`LongTermDebtNoncurrent`	$291.25M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	28.28M	shares	Point-in-time
Long-term debt ($79 and $53 related to VIEs)	`LongTermDebtNoncurrent`	$303.53M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	28.64M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	28.18M	shares	Point-in-time
Long-term lease obligations ($2,268 and $2,412 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$8.96M	USD	Point-in-time
Long-term lease obligations ($2,268 and $2,412 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$8.78M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	28.64M	shares	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`	$56.49M	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
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$3.96M	USD	Point-in-time
Other long-term liabilities ($722 and $722 related to VIEs)	`OtherLiabilitiesNoncurrent`	$10.58M	USD	Point-in-time
Other long-term liabilities ($722 and $722 related to VIEs)	`OtherLiabilitiesNoncurrent`	$9.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$683.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$728.42M	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, 28,638 and 28,279 shares issued, 28,638 and 28,184 shares outstanding	`CommonStockValue`	$283.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,638 and 28,279 shares issued, 28,638 and 28,184 shares outstanding	`CommonStockValue`	$286.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$253.47M	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`	$47.88M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.26M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$298.00M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$267.27M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.46M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$774.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$952.69M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$696.73M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$401.67M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$716.98M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$400.04M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$615.70M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$340.44M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$601.88M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$345.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$101.28M	USD	2 Qtrs
Gross profit	`GrossProfit`	$56.25M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$32.93M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$36.05M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$15.83M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$18.45M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$5.70M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$5.73M	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$612.00K	USD	2 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$139.00K	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-5.10M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-7.14M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-4.83M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-7.33M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$32.72M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.15M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$55.48M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$123.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$26.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$24.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$12.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$7.56M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$11.74M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$15.36M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$5.74M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$1.40M	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$1.06M	USD	2 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$44.82M	USD	2 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$25.51M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$29.91M	USD	2 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$28.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.43M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.18M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.94M	USD	2 Qtrs
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$31.89M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.27M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$161.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$155.00K	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.21M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.06M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.61M	USD	2 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.32M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.43M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.79M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.58M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.88M	shares	2 Qtrs

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$31.89M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.71M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.54M	USD	2 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$1.26M	USD	2 Qtrs
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$1.76M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$598.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$437.00K	USD	2 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$1.40M	USD	1 Quarter
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$1.06M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$6.22M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$7.15M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$5.31M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$11.29M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.85M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.20M	USD	2 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-272.00K	USD	2 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$51.00K	USD	2 Qtrs
Changes in operating assets and liabilities (Note 15)	`IncreaseDecreaseInOperatingCapital`	$-28.04M	USD	2 Qtrs
Changes in operating assets and liabilities (Note 15)	`IncreaseDecreaseInOperatingCapital`	$-451.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$91.49M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.57M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.15M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$690.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$769.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.80M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.46M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$22.64M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$40.07M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.96M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-602.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$9.07M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.58M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.63M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.95M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.40M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.64M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.56M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.51M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.64M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.56M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.51M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.04M	USD	Point-in-time
Less: restricted cash (Other current assets)	`RestrictedCash`	$4.89M	USD	Point-in-time
Less: restricted cash (Other current assets)	`RestrictedCash`	$6.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$93.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$70.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$4.42M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$31.89M	USD	2 Qtrs
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.11M	USD	2 Qtrs
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$895.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$728.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.62M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.83M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.02M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.23M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.96M	USD	1 Quarter
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.96M	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$120.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$104.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$103.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$144.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$772.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.62M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$50.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-3.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-73.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$21.48M	USD	2 Qtrs
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$31.89M	USD	2 Qtrs
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.11M	USD	2 Qtrs
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-53.00K	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`	$728.00K	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.62M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.51M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.37M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.21M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.95M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.27M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$161.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$155.00K	USD	2 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$32.23M	USD	2 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$20.78M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$18.16M	USD	1 Quarter
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.