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10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0000874238-22-000048
Period End Date 20220331
Filing Date 20220503
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance strl-20220331_htm.xml
Balance Sheet 112 line items
Line Item Tag Value Unit Period
Cash and cash equivalents ($26,449 and $35,378 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $81.84M USD Point-in-time
Cash and cash equivalents ($26,449 and $35,378 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $80.39M USD Point-in-time
Cash and cash equivalents ($26,449 and $35,378 related to variable interest entities (VIEs)) CashAndCashEquivalentsAtCarryingValue $61.40M USD Point-in-time
Accounts receivable ($24,537 and $26,176 related to VIEs) ReceivablesLongTermContractsOrPrograms $232.15M USD Point-in-time
Accounts receivable ($24,537 and $26,176 related to VIEs) ReceivablesLongTermContractsOrPrograms $226.40M USD Point-in-time
Contract assets ($14,348 and $10,249 related to VIEs) CapitalizedContractCostGross $83.31M USD Point-in-time
Contract assets ($14,348 and $10,249 related to VIEs) CapitalizedContractCostGross $87.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.84M USD Point-in-time
Receivables from and equity in construction joint ventures ($7,581 and $7,058 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $16.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $80.39M USD Point-in-time
Receivables from and equity in construction joint ventures ($7,581 and $7,058 related to VIEs) ReceivablesFromAndEquityInConstructionJointVenture $19.29M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.40M USD Point-in-time
Accounts receivable ReceivablesLongTermContractsOrPrograms $232.15M USD Point-in-time
Other current assets ($206 and $1,087 related to VIEs) OtherAssetsCurrent $20.49M USD Point-in-time
Accounts receivable ReceivablesLongTermContractsOrPrograms $226.40M USD Point-in-time
Other current assets ($206 and $1,087 related to VIEs) OtherAssetsCurrent $21.94M USD Point-in-time
Contract assets CapitalizedContractCostGross $83.31M USD Point-in-time
Contract assets CapitalizedContractCostGross $87.86M USD Point-in-time
Total current assets AssetsCurrent $435.89M USD Point-in-time
Total current assets AssetsCurrent $434.69M USD Point-in-time
Property and equipment, net ($10,189 and $10,420 related to VIEs) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $212.60M USD Point-in-time
Sterlings receivables from and equity in construction joint ventures ReceivablesFromAndEquityInConstructionJointVenture $16.90M USD Point-in-time
Property and equipment, net ($10,189 and $10,420 related to VIEs) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $204.32M USD Point-in-time
Sterlings receivables from and equity in construction joint ventures ReceivablesFromAndEquityInConstructionJointVenture $19.29M USD Point-in-time
Other current assets OtherAssetsCurrent $20.49M USD Point-in-time
Operating lease right-of-use assets, net ($5,702 and $5,097 related to VIEs) OperatingLeaseRightOfUseAsset $37.34M USD Point-in-time
Operating lease right-of-use assets, net ($5,702 and $5,097 related to VIEs) OperatingLeaseRightOfUseAsset $24.52M USD Point-in-time
Other current assets OtherAssetsCurrent $21.94M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $212.60M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $259.79M USD Point-in-time
Goodwill ($1,501 and $1,501 related to VIEs) Goodwill $252.35M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $204.32M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $37.34M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $300.06M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $24.52M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $303.22M USD Point-in-time
Goodwill Goodwill $259.79M USD Point-in-time
Goodwill Goodwill $252.35M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $4.49M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $4.46M USD Point-in-time
Accounts payable AccountsPayableCurrent $143.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $144.98M USD Point-in-time
Total assets Assets $1.24B USD Point-in-time
Total assets Assets $1.23B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $116.18M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $127.93M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $30.37M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $28.23M USD Point-in-time
Accounts payable ($23,593 and $23,611 related to VIEs) AccountsPayableCurrent $143.40M USD Point-in-time
Accounts payable ($23,593 and $23,611 related to VIEs) AccountsPayableCurrent $144.98M USD Point-in-time
Current portion of long-term lease obligations OperatingLeaseLiabilityCurrent $8.84M USD Point-in-time
Current portion of long-term lease obligations OperatingLeaseLiabilityCurrent $10.12M USD Point-in-time
Contract liabilities ($15,461 and $22,583 related to VIEs) ContractWithCustomerLiabilityCurrent $116.18M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $25.82M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $22.80M USD Point-in-time
Contract liabilities ($15,461 and $22,583 related to VIEs) ContractWithCustomerLiabilityCurrent $127.93M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $18.97M USD Point-in-time
Current maturities of long-term debt ($0 and $4,857 related to VIEs) LongTermDebtCurrent $30.37M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $13.63M USD Point-in-time
Current maturities of long-term debt ($0 and $4,857 related to VIEs) LongTermDebtCurrent $28.23M USD Point-in-time
Total long-term debt LongTermDebtNoncurrent $417.33M USD Point-in-time
Current portion of long-term lease obligations ($2,370 and $2,334 related to VIEs) OperatingLeaseLiabilityCurrent $8.84M USD Point-in-time
Current portion of long-term lease obligations ($2,370 and $2,334 related to VIEs) OperatingLeaseLiabilityCurrent $10.12M USD Point-in-time
Total long-term debt LongTermDebtNoncurrent $428.59M USD Point-in-time
Accrued compensation ($3,397 and $2,388 related to VIEs) EmployeeRelatedLiabilitiesCurrent $25.82M USD Point-in-time
Long-term lease obligations OperatingLeaseLiabilityNoncurrent $15.83M USD Point-in-time
Long-term lease obligations OperatingLeaseLiabilityNoncurrent $27.33M USD Point-in-time
Accrued compensation ($3,397 and $2,388 related to VIEs) EmployeeRelatedLiabilitiesCurrent $22.80M USD Point-in-time
Common stock, par value (in usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Other current liabilities ($871 and $889 related to VIEs) OtherLiabilitiesCurrent $18.97M USD Point-in-time
Common stock, par value (in usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Other current liabilities ($871 and $889 related to VIEs) OtherLiabilitiesCurrent $13.63M USD Point-in-time
Total current liabilities LiabilitiesCurrent $339.51M USD Point-in-time
Total current liabilities LiabilitiesCurrent $351.76M 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 30.26M shares Point-in-time
Long-term debt ($0 and $81 related to VIEs) LongTermDebtNoncurrent $417.33M USD Point-in-time
Common stock issued (in shares) CommonStockSharesIssued 30.26M shares Point-in-time
Long-term debt ($0 and $81 related to VIEs) LongTermDebtNoncurrent $428.59M USD Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 29.84M shares Point-in-time
Long-term lease obligations ($3,332 and $2,763 related to VIEs) OperatingLeaseLiabilityNoncurrent $15.83M USD Point-in-time
Long-term lease obligations ($3,332 and $2,763 related to VIEs) OperatingLeaseLiabilityNoncurrent $27.33M USD Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 29.84M shares Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $55.75M USD Point-in-time
Members interest subject to mandatory redemption and undistributed earnings MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings $55.12M USD Point-in-time
Deferred tax liability, net DeferredIncomeTaxLiabilitiesNet $14.66M USD Point-in-time
Deferred tax liability, net DeferredIncomeTaxLiabilitiesNet $20.76M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $4.41M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $4.82M USD Point-in-time
Total liabilities Liabilities $870.77M USD Point-in-time
Total liabilities Liabilities $865.09M 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, 30,263 and 29,838 shares issued and outstanding CommonStockValue $298.00K USD Point-in-time
Common stock, par value $0.01 per share; 38,000 shares authorized, 30,263 and 29,838 shares issued and outstanding CommonStockValue $302.00K USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $280.27M USD Point-in-time
Additional paid in capital AdditionalPaidInCapital $276.60M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $79.92M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $99.17M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-160.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.72M USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $358.77M USD Point-in-time
Total Sterling stockholders equity StockholdersEquity $375.91M USD Point-in-time
Noncontrolling interests MinorityInterest $1.46M USD Point-in-time
Noncontrolling interests MinorityInterest $1.73M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $360.23M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $377.64M 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 liabilities and stockholders equity LiabilitiesAndStockholdersEquity $1.23B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $1.24B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $410.32M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $315.32M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $354.18M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $270.28M USD 1 Quarter
Gross profit GrossProfit $56.14M 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 $23.07M USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $3.57M USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $2.87M USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Acquisition related costs BusinessCombinationAcquisitionRelatedCosts $255.00K USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-975.00K USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-2.31M USD 1 Quarter
Operating income OperatingIncomeLoss $22.75M USD 1 Quarter
Operating income OperatingIncomeLoss $28.27M USD 1 Quarter
Interest income InterestIncomeOther $14.00K USD 1 Quarter
Interest income InterestIncomeOther $10.00K USD 1 Quarter
Interest expense InterestExpenseAndAccretedInterest $4.59M USD 1 Quarter
Interest expense InterestExpenseAndAccretedInterest $6.00M USD 1 Quarter
Gain (loss) on extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $2.43M USD 1 Quarter
Gain (loss) on extinguishment of debt, net GainsLossesOnExtinguishmentOfDebt $-337.00K USD 1 Quarter
Income before income taxes IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests $26.12M 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 $6.60M USD 1 Quarter
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $19.52M USD 1 Quarter
Less: Net income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $271.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.11M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $19.25M USD 1 Quarter
Net income attributable to Sterling common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $10.55M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.37 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.64 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.37 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.64 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 29.96M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.28M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 30.11M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.76M shares 1 Quarter
Cash Flow Statement 49 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $19.52M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $11.77M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.30M USD 1 Quarter
Amortization of debt issuance costs and non-cash interest AmortizationOfFinancingCostsAndDiscounts $556.00K USD 1 Quarter
Amortization of debt issuance costs and non-cash interest AmortizationOfFinancingCostsAndDiscounts $660.00K USD 1 Quarter
Gain on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $68.00K USD 1 Quarter
Gain on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $228.00K USD 1 Quarter
(Gain) loss on debt extinguishment, net GainsLossesOnExtinguishmentOfDebt $2.43M USD 1 Quarter
(Gain) loss on debt extinguishment, net GainsLossesOnExtinguishmentOfDebt $-337.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $4.14M USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $5.64M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.84M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.83M USD 1 Quarter
Change in fair value of interest rate swap UnrealizedGainLossOnDerivatives $90.00K USD 1 Quarter
Change in fair value of interest rate swap UnrealizedGainLossOnDerivatives $22.00K USD 1 Quarter
Changes in operating assets and liabilities (Note 16) IncreaseDecreaseInOperatingCapital $19.39M USD 1 Quarter
Changes in operating assets and liabilities (Note 16) IncreaseDecreaseInOperatingCapital $-11.23M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $38.09M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.18M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $14.97M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $11.21M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $406.00K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $208.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-14.56M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $30.54M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $5.93M USD 1 Quarter
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders - USD 1 Quarter
Distributions to noncontrolling interest owners PaymentsToMinorityShareholders $1.96M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-32.50M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-5.93M USD 1 Quarter
Net change in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.41M USD 1 Quarter
Net change in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.31M USD 1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.69M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $67.23M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $87.39M USD Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.64M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.69M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $67.23M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $87.39M USD Point-in-time
Cash, cash equivalents, and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.64M USD Point-in-time
Less: restricted cash (Other current assets) RestrictedCash $5.83M USD Point-in-time
Less: restricted cash (Other current assets) RestrictedCash $6.99M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $81.84M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $80.39M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $61.40M USD Point-in-time
Capital expenditures CapitalExpendituresIncurredButNotYetPaid $2.46M USD 1 Quarter
Capital expenditures CapitalExpendituresIncurredButNotYetPaid $3.13M USD 1 Quarter
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $360.23M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $377.64M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.69M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $268.73M USD Point-in-time
Net income ProfitLoss $11.67M USD 1 Quarter
Net income ProfitLoss $19.52M USD 1 Quarter
Change in interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.56M USD 1 Quarter
Change in interest rate swap OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $895.00K USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $1.83M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $3.52M 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 $192.00K USD 1 Quarter
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $5.62M USD 1 Quarter
Shares withheld for taxes AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $7.39M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $360.23M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $377.64M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.69M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $268.73M 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 $19.52M USD 1 Quarter
Change in interest rate swap, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $1.56M USD 1 Quarter
Change in interest rate swap, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $895.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $21.09M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $12.56M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $271.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.11M USD 1 Quarter
Comprehensive income attributable to Sterling common stockholders ComprehensiveIncomeNetOfTax $20.82M USD 1 Quarter
Comprehensive income 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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