10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000874238-21-000091`
Period End Date	20210930
Filing Date	20211103
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	strl-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 126 Income Statement 84 Cash Flow Statement 61 Stockholders Equity 53 Comprehensive Income 28

Balance Sheet 126 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($36,809 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$117.70M	USD	Point-in-time
Cash and cash equivalents ($36,809 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Cash and cash equivalents ($36,809 and $26,122 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$72.59M	USD	Point-in-time
Accounts receivable ($29,761 and $25,789 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$177.42M	USD	Point-in-time
Accounts receivable ($29,761 and $25,789 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$218.68M	USD	Point-in-time
Contract assets ($11,655 and $8,370 related to VIEs)	`CapitalizedContractCostGross`	$84.97M	USD	Point-in-time
Contract assets ($11,655 and $8,370 related to VIEs)	`CapitalizedContractCostGross`	$85.50M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($7,024 and $9,708 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$16.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Receivables from and equity in construction joint ventures ($7,024 and $9,708 related to VIEs)	`ReceivablesFromAndEquityInConstructionJointVenture`	$21.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.59M	USD	Point-in-time
Accounts receivable	`ReceivablesLongTermContractsOrPrograms`	$177.42M	USD	Point-in-time
Accounts receivable	`ReceivablesLongTermContractsOrPrograms`	$218.68M	USD	Point-in-time
Other current assets ($3,569 and $1,493 related to VIEs)	`OtherAssetsCurrent`	$22.48M	USD	Point-in-time
Other current assets ($3,569 and $1,493 related to VIEs)	`OtherAssetsCurrent`	$16.31M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$84.97M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$85.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$466.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$361.54M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$16.65M	USD	Point-in-time
Property and equipment, net ($9,943 and $6,010 related to VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$126.67M	USD	Point-in-time
Property and equipment, net ($9,943 and $6,010 related to VIEs)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$148.44M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$21.66M	USD	Point-in-time
Operating lease right-of-use assets, net ($5,133 and $4,213 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$16.52M	USD	Point-in-time
Operating lease right-of-use assets, net ($5,133 and $4,213 related to VIEs)	`OperatingLeaseRightOfUseAsset`	$17.47M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.48M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.31M	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
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$148.44M	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`	$17.47M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$236.29M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$244.89M	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
Goodwill	`Goodwill`	$192.01M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$4.08M	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`	$142.74M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$114.02M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$141.24M	USD	Point-in-time
Total assets	`Assets`	$1.06B	USD	Point-in-time
Total assets	`Assets`	$952.69M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$21.24M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$77.43M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$8.31M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$7.59M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$34.80M	USD	Point-in-time
Accounts payable ($30,264 and $19,505 related to VIEs)	`AccountsPayableCurrent`	$95.20M	USD	Point-in-time
Accounts payable ($30,264 and $19,505 related to VIEs)	`AccountsPayableCurrent`	$142.74M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$18.01M	USD	Point-in-time
Contract liabilities ($23,410 and $17,678 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$114.02M	USD	Point-in-time
Contract liabilities ($23,410 and $17,678 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$141.24M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.09M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$299.92M	USD	Point-in-time
Current maturities of long-term debt ($4,857 and $6,793 related to VIEs)	`LongTermDebtCurrent`	$21.24M	USD	Point-in-time
Current maturities of long-term debt ($4,857 and $6,793 related to VIEs)	`LongTermDebtCurrent`	$77.43M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$291.25M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$9.31M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$8.96M	USD	Point-in-time
Current portion of long-term lease obligations ($2,253 and $1,801 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$8.31M	USD	Point-in-time
Current portion of long-term lease obligations ($2,253 and $1,801 related to VIEs)	`OperatingLeaseLiabilityCurrent`	$7.59M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.58M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.22M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$306.00K	USD	Point-in-time
Accrued compensation ($4,235 and $2,141 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$34.80M	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 ($4,235 and $2,141 related to VIEs)	`EmployeeRelatedLiabilitiesCurrent`	$18.01M	USD	Point-in-time
Other current liabilities ($1,351 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
Other current liabilities ($1,351 and $1,374 related to VIEs)	`OtherLiabilitiesCurrent`	$9.09M	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
Total current liabilities	`LiabilitiesCurrent`	$321.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$357.72M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	28.78M	shares	Point-in-time
Long-term debt ($69 and $53 related to VIEs)	`LongTermDebtNoncurrent`	$299.92M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	28.18M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	28.78M	shares	Point-in-time
Long-term debt ($69 and $53 related to VIEs)	`LongTermDebtNoncurrent`	$291.25M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	95,000.00	shares	Point-in-time
Long-term lease obligations ($2,880 and $2,412 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$9.31M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Long-term lease obligations ($2,880 and $2,412 related to VIEs)	`OperatingLeaseLiabilityNoncurrent`	$8.96M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$54.77M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$51.29M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$10.29M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	-	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`	$9.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$683.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$741.22M	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, 28,782 and 28,279 shares issued, 28,782 and 28,184 shares outstanding	`CommonStockValue`	$288.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 28,782 and 28,279 shares issued, 28,782 and 28,184 shares outstanding	`CommonStockValue`	$283.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$255.31M	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`	$69.01M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.26M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$321.69M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$267.27M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.41M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.46M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	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 stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$323.09M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$952.69M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.18B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$463.45M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$383.46M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$405.64M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$333.54M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$1.02B	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$935.42M	USD	3 Qtrs
Gross profit	`GrossProfit`	$159.08M	USD	3 Qtrs
Gross profit	`GrossProfit`	$144.76M	USD	3 Qtrs
Gross profit	`GrossProfit`	$49.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.80M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$15.15M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$19.64M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$52.56M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$51.21M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$8.60M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$2.87M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$8.57M	USD	3 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$401.00K	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.01M	USD	3 Qtrs
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-3.27M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-10.41M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-9.99M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-2.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$87.51M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$73.98M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$28.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$32.03M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$13.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$146.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$39.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$23.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$7.18M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$15.66M	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$3.92M	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$22.54M	USD	3 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$968.00K	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$2.03M	USD	3 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$21.68M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$73.92M	USD	3 Qtrs
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$29.09M	USD	1 Quarter
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$51.59M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.27M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.71M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.28M	USD	1 Quarter
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$53.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$21.76M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$240.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.91M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$631.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$395.00K	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$51.74M	USD	3 Qtrs
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.13M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.16M	USD	1 Quarter
Net income attributable to Sterling common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.48M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.81	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.79	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.83M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.53M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.93M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.99M	shares	3 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$53.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$21.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.34M	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`	$1.76M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.04M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.18M	USD	3 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$968.00K	USD	1 Quarter
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$2.03M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$4.72M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$10.95M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$6.12M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$17.41M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.96M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.69M	USD	3 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$41.00K	USD	3 Qtrs
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-251.00K	USD	3 Qtrs
Changes in operating assets and liabilities (Note 15)	`IncreaseDecreaseInOperatingCapital`	$-35.15M	USD	3 Qtrs
Changes in operating assets and liabilities (Note 15)	`IncreaseDecreaseInOperatingCapital`	$-10.13M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$135.74M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$92.25M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.09M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.31M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.09M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.56M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.53M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$44.18M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$52.70M	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.96M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-603.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$9.14M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.56M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.75M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.17M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$51.77M	USD	3 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`	$78.73M	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`	$124.42M	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`	$78.73M	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`	$124.42M	USD	Point-in-time
Less: restricted cash (Other current assets)	`RestrictedCash`	$6.13M	USD	Point-in-time
Less: restricted cash (Other current assets)	`RestrictedCash`	$6.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$117.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$66.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.59M	USD	Point-in-time
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$116.00K	USD	3 Qtrs

Stockholders Equity 53 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$323.09M	USD	Point-in-time
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$53.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$21.76M	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	USD	3 Qtrs
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.06M	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`	$-53.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.01M	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$718.00K	USD	1 Quarter
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.34M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.23M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.83M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.96M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.02M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.76M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.84M	USD	1 Quarter
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.96M	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$107.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$203.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$103.00K	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`	$144.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.62M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$772.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$99.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$50.00K	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$133.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-3.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-73.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-11.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$275.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.32M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$221.21M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.09M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$218.93M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$298.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$323.09M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$18.27M	USD	1 Quarter
Net income	`ProfitLoss`	$15.40M	USD	1 Quarter
Net income	`ProfitLoss`	$3.21M	USD	1 Quarter
Net income	`ProfitLoss`	$20.22M	USD	1 Quarter
Net income	`ProfitLoss`	$11.67M	USD	1 Quarter
Net income	`ProfitLoss`	$36.88M	USD	3 Qtrs
Net income	`ProfitLoss`	$53.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$21.76M	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.10M	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`	$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`	$-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`	$718.00K	USD	1 Quarter
Change in interest rate swap, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.34M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.41M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.48M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.77M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.98M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$240.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.91M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$631.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$395.00K	USD	3 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$30.38M	USD	3 Qtrs
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$21.84M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$16.17M	USD	1 Quarter
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$54.08M	USD	3 Qtrs

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