10-K Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000874238-24-000032`
Period End Date	20231231
Filing Date	20240227
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	strl-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 87 Cash Flow Statement 107 Stockholders Equity 33 Comprehensive Income 21

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$181.54M	USD	Point-in-time
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$60.95M	USD	Point-in-time
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$471.56M	USD	Point-in-time
Accounts receivable ($1,771 and $0 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$262.65M	USD	Point-in-time
Accounts receivable ($1,771 and $0 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$252.44M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$88.60M	USD	Point-in-time
Contract assets	`CapitalizedContractCostGross`	$109.80M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVentures`	$17.51M	USD	Point-in-time
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$181.54M	USD	Point-in-time
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$60.95M	USD	Point-in-time
Cash and cash equivalents ($24,325 and $25,014 related to variable interest entities (VIEs))	`CashAndCashEquivalentsAtCarryingValue`	$471.56M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVentures`	$14.12M	USD	Point-in-time
Accounts receivable ($1,771 and $0 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$262.65M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.88M	USD	Point-in-time
Accounts receivable ($1,771 and $0 related to VIEs)	`ReceivablesLongTermContractsOrPrograms`	$252.44M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.14M	USD	Point-in-time
Accounts payable ($2,973 and $2,540 related to VIEs)	`AccountsPayableCurrent`	$121.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$597.25M	USD	Point-in-time
Accounts payable ($2,973 and $2,540 related to VIEs)	`AccountsPayableCurrent`	$145.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$847.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$243.65M	USD	Point-in-time
Contract liabilities ($15,741 and $15,551 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$444.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$215.48M	USD	Point-in-time
Contract liabilities ($15,741 and $15,551 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$239.30M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$59.41M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$57.23M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$281.12M	USD	Point-in-time
Goodwill	`Goodwill`	$262.69M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	38.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	58.00M	shares	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$328.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	30.93M	shares	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$299.12M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	30.59M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	30.93M	shares	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$18.81M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$7.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	30.59M	shares	Point-in-time
Total assets	`Assets`	$1.78B	USD	Point-in-time
Total assets	`Assets`	$1.44B	USD	Point-in-time
Accounts payable ($2,973 and $2,540 related to VIEs)	`AccountsPayableCurrent`	$121.89M	USD	Point-in-time
Accounts payable ($2,973 and $2,540 related to VIEs)	`AccountsPayableCurrent`	$145.97M	USD	Point-in-time
Contract liabilities ($15,741 and $15,551 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$444.16M	USD	Point-in-time
Contract liabilities ($15,741 and $15,551 related to VIEs)	`ContractWithCustomerLiabilityCurrent`	$239.30M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$32.61M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$26.52M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$19.64M	USD	Point-in-time
Current portion of long-term lease obligations	`OperatingLeaseLiabilityCurrent`	$19.71M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$24.14M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$27.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$14.12M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$446.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$678.17M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$315.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$398.74M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$37.72M	USD	Point-in-time
Long-term lease obligations	`OperatingLeaseLiabilityNoncurrent`	$40.10M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$21.60M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$29.11M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$51.66M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$76.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.57M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$963.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15B	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; 58,000 and 38,000 shares authorized, 30,926 and 30,585 shares issued and outstanding	`CommonStockValue`	$309.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 58,000 and 38,000 shares authorized, 30,926 and 30,585 shares issued and outstanding	`CommonStockValue`	$306.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$293.57M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$287.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$186.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$325.03M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$618.91M	USD	Point-in-time
Total Sterling stockholders equity	`StockholdersEquity`	$474.60M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$477.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$360.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.85M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.44B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.78B	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.77B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.41B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.97B	USD	Annual
Cost of revenues	`CostOfGoodsAndServicesSold`	$1.63B	USD	Annual
Cost of revenues	`CostOfGoodsAndServicesSold`	$1.49B	USD	Annual
Cost of revenues	`CostOfGoodsAndServicesSold`	$1.21B	USD	Annual
Gross profit	`GrossProfit`	$337.64M	USD	Annual
Gross profit	`GrossProfit`	$274.57M	USD	Annual
Gross profit	`GrossProfit`	$203.53M	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$86.48M	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$69.15M	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$98.70M	USD	Annual
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$11.46M	USD	Annual
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$14.10M	USD	Annual
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$15.23M	USD	Annual
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$827.00K	USD	Annual
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.88M	USD	Annual
Acquisition related costs	`BusinessCombinationAcquisitionRelatedCosts`	$873.00K	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-13.29M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-12.03M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-17.04M	USD	Annual
Operating income	`OperatingIncomeLoss`	$159.87M	USD	Annual
Operating income	`OperatingIncomeLoss`	$205.79M	USD	Annual
Operating income	`OperatingIncomeLoss`	$107.01M	USD	Annual
Interest income	`InterestIncomeOther`	$14.14M	USD	Annual
Interest income	`InterestIncomeOther`	$885.00K	USD	Annual
Interest income	`InterestIncomeOther`	$45.00K	USD	Annual
Interest expense	`InterestExpenseAndAccretedInterest`	$19.31M	USD	Annual
Interest expense	`InterestExpenseAndAccretedInterest`	$20.59M	USD	Annual
Interest expense	`InterestExpenseAndAccretedInterest`	$29.32M	USD	Annual
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$1.06M	USD	Annual
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$190.62M	USD	Annual
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$88.81M	USD	Annual
Income before income taxes	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$140.16M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$47.77M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$41.71M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$24.87M	USD	Annual
Net income, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$63.94M	USD	Annual
Net income, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$142.84M	USD	Annual
Net income, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$98.46M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.74M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.48M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.19M	USD	Annual
Net income from Continuing Operations	`IncomeLossFromContinuingOperations`	$96.72M	USD	Annual
Net income from Continuing Operations	`IncomeLossFromContinuingOperations`	$61.46M	USD	Annual
Net income from Continuing Operations	`IncomeLossFromContinuingOperations`	$138.66M	USD	Annual
Pretax (loss) income	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTaxAndGainOnDisposition`	-	USD	Annual
Pretax (loss) income	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTaxAndGainOnDisposition`	$-4.85M	USD	Annual
Pretax (loss) income	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTaxAndGainOnDisposition`	$1.21M	USD	Annual
Pretax gain on disposition	`DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax`	-	USD	Annual
Pretax gain on disposition	`DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax`	$16.69M	USD	Annual
Pretax gain on disposition	`DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax`	-	USD	Annual
Income tax expense	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$2.10M	USD	Annual
Income tax expense	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$26.00K	USD	Annual
Income tax expense	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.19M	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$9.74M	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$138.66M	USD	Annual
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$106.46M	USD	Annual
Net income attributable to Sterling common stockholders	`NetIncomeLoss`	$62.65M	USD	Annual
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.51	USD	Annual
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.20	USD	Annual
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.15	USD	Annual
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.44	USD	Annual
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.11	USD	Annual
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.16	USD	Annual
Basic (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.04	USD	Annual
Basic (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Basic (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.32	USD	Annual
Diluted(in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	Annual
Diluted(in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.32	USD	Annual
Diluted(in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.04	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.53	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.19	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.51	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.48	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.15	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.44	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.60M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.20M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	30.75M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.56M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.10M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.21M	shares	Annual

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$65.12M	USD	Annual
Net income	`ProfitLoss`	$108.20M	USD	Annual
Net income	`ProfitLoss`	$142.84M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.20M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$52.07M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.40M	USD	Annual
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$2.14M	USD	Annual
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$1.73M	USD	Annual
Amortization of debt issuance costs and non-cash interest	`AmortizationOfFinancingCostsAndDiscounts`	$2.24M	USD	Annual
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$5.29M	USD	Annual
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.40M	USD	Annual
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.64M	USD	Annual
Gain on debt extinguishment, net	`GainLossOnExtinguishmentOfDebtFromDiscontinuedOperationsNet`	$2.43M	USD	Annual
Gain on debt extinguishment, net	`GainLossOnExtinguishmentOfDebtFromDiscontinuedOperationsNet`	$2.03M	USD	Annual
Gain on debt extinguishment, net	`GainLossOnExtinguishmentOfDebtFromDiscontinuedOperationsNet`	-	USD	Annual
Gain on disposition of Myers	`GainLossOnSaleOfBusiness`	$16.69M	USD	Annual
Gain on disposition of Myers	`GainLossOnSaleOfBusiness`	-	USD	Annual
Gain on disposition of Myers	`GainLossOnSaleOfBusiness`	-	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$21.43M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$36.49M	USD	Annual
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$14.75M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$14.62M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$11.77M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$12.73M	USD	Annual
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$203.00K	USD	Annual
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$32.00K	USD	Annual
Change in fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	Annual
Changes in operating assets and liabilities (Note 18)	`IncreaseDecreaseInOperatingCapital`	$-252.53M	USD	Annual
Changes in operating assets and liabilities (Note 18)	`IncreaseDecreaseInOperatingCapital`	$-27.63M	USD	Annual
Changes in operating assets and liabilities (Note 18)	`IncreaseDecreaseInOperatingCapital`	$-29.45M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$158.93M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$478.58M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$219.12M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.00M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$180.91M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$51.18M	USD	Annual
Disposition, net of cash disposed	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	Annual
Disposition, net of cash disposed	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$14.00M	USD	Annual
Disposition, net of cash disposed	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-15.79M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.65M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.91M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$64.38M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.95M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.11M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.45M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-89.75M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-87.75M	USD	Annual
Cash received from credit facility	`ProceedsFromLinesOfCredit`	$140.00M	USD	Annual
Cash received from credit facility	`ProceedsFromLinesOfCredit`	$2.56M	USD	Annual
Cash received from credit facility	`ProceedsFromLinesOfCredit`	-	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$93.49M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$48.27M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$23.37M	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.48M	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.45M	USD	Annual
Withholding taxes paid on net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.34M	USD	Annual
Withholding taxes paid on net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.57M	USD	Annual
Withholding taxes paid on net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.42M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.34M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.57M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.53M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$80.57M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.79M	USD	Annual
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$286.30M	USD	Annual
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$96.57M	USD	Annual
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.05M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$471.56M	USD	Point-in-time
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`	$185.26M	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`	$471.56M	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`	$185.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.64M	USD	Point-in-time
Less: restricted cash - Continuing Operations	`RestrictedCashOtherCurrentAssetsDisposalGroupIncludingContinuedOperations`	$3.72M	USD	Point-in-time
Less: restricted cash - Continuing Operations	`RestrictedCashOtherCurrentAssetsDisposalGroupIncludingContinuedOperations`	-	USD	Point-in-time
Less: restricted cash - Continuing Operations	`RestrictedCashOtherCurrentAssetsDisposalGroupIncludingContinuedOperations`	$3.82M	USD	Point-in-time
Less: cash, cash equivalents and restricted cash - Discontinued Operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	-	USD	Point-in-time
Less: cash, cash equivalents and restricted cash - Discontinued Operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	-	USD	Point-in-time
Less: cash, cash equivalents and restricted cash - Discontinued Operations	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations`	$23.93M	USD	Point-in-time
Cash and cash equivalents at end of period - Continuing Operations	`CashAndCashEquivalentsAtCarryingValue`	$181.54M	USD	Point-in-time
Cash and cash equivalents at end of period - Continuing Operations	`CashAndCashEquivalentsAtCarryingValue`	$60.95M	USD	Point-in-time
Cash and cash equivalents at end of period - Continuing Operations	`CashAndCashEquivalentsAtCarryingValue`	$471.56M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$17.24M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$19.32M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$27.01M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$36.91M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$3.06M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$5.60M	USD	Annual
Share consideration given for acquisitions	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$4.85M	USD	Annual
Share consideration given for acquisitions	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$20.41M	USD	Annual
Share consideration given for acquisitions	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	Annual
Deferred payments from buyer of Myers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	-	USD	Annual
Deferred payments from buyer of Myers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	$18.00M	USD	Annual
Deferred payments from buyer of Myers	`NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred`	-	USD	Annual
Tax basis election and other payments due to sellers	`BusinessCombinationConsiderationTransferredTaxGrossUpPaymentAndOtherPaymentsDueToSellers`	$10.83M	USD	Annual
Tax basis election and other payments due to sellers	`BusinessCombinationConsiderationTransferredTaxGrossUpPaymentAndOtherPaymentsDueToSellers`	-	USD	Annual
Tax basis election and other payments due to sellers	`BusinessCombinationConsiderationTransferredTaxGrossUpPaymentAndOtherPaymentsDueToSellers`	-	USD	Annual
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$12.51M	USD	Annual
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$264.00K	USD	Annual
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$1.93M	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	30.93M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	30.59M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$477.80M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$360.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.85M	USD	Point-in-time
Net income	`ProfitLoss`	$65.12M	USD	Annual
Net income	`ProfitLoss`	$108.20M	USD	Annual
Net income	`ProfitLoss`	$142.84M	USD	Annual
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.72M	USD	Annual
Change in interest rate swap	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.54M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$11.53M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$11.77M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$14.33M	USD	Annual
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.45M	USD	Annual
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.48M	USD	Annual
Stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$20.41M	USD	Annual
Stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$4.85M	USD	Annual
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$910.00K	USD	Annual
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$687.00K	USD	Annual
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$475.00K	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.42M	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.34M	USD	Annual
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.57M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-3.00K	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-16.00K	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	30.93M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	30.59M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$477.80M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$360.23M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$268.73M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.85M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income from Continuing Operations, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$63.94M	USD	Annual
Net income from Continuing Operations, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$142.84M	USD	Annual
Net income from Continuing Operations, including noncontrolling interests	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$98.46M	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.19M	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$9.74M	USD	Annual
Net income from Discontinued Operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net income, including noncontrolling interests	`ProfitLoss`	$65.12M	USD	Annual
Net income, including noncontrolling interests	`ProfitLoss`	$108.20M	USD	Annual
Net income, including noncontrolling interests	`ProfitLoss`	$142.84M	USD	Annual
Change in OCI, net of tax amount	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Change in OCI, net of tax amount	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.72M	USD	Annual
Change in OCI, net of tax amount	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.54M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$109.92M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$142.84M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$68.66M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.74M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.48M	USD	Annual
Less: Net income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.19M	USD	Annual
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$138.66M	USD	Annual
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$108.18M	USD	Annual
Comprehensive income attributable to Sterling common stockholders	`ComprehensiveIncomeNetOfTax`	$66.19M	USD	Annual

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