10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001171843-12-003010`
Period End Date	20120630
Filing Date	20120808
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	strl-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 72 Cash Flow Statement 83 Stockholders Equity 11 Comprehensive Income 17

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`Cash`	$19.11M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$16.37M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$49.68M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$44.85M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$74.88M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	19.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	19.00M	shares	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$88.79M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.39M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$16.13M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.32M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$16.51M	USD	Point-in-time
Inventories	`InventoryNet`	$1.92M	USD	Point-in-time
Inventories	`InventoryNet`	$3.55M	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$1.30M	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetCurrent`	$666.00K	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$6.06M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$6.89M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.13M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$164.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$189.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$102.40M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$83.43M	USD	Point-in-time
Goodwill	`Goodwill`	$54.46M	USD	Point-in-time
Goodwill	`Goodwill`	$54.05M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$2.33M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$6.18M	USD	Point-in-time
Total assets	`Assets`	$352.88M	USD	Point-in-time
Total assets	`Assets`	$303.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.27M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$24.44M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$18.58M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$573.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$573.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.01M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.33M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.42M	USD	Point-in-time
Current obligation for noncontrolling owners interests in subsidiaries and joint ventures	`CurrentObligationForNoncontrollingOwnersInterestsInSubsidiariesAndJointVentures`	$21.80M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$2.72M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$4.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$69.28M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$268.00K	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$263.00K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$368.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$2.42M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$2.60M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.05M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.86M	USD	Point-in-time
Obligation for noncontrolling owners interests in subsidiaries and joint ventures	`ObligationForNoncontrollingOwnersInterestInSubsidiariesAndJointVentures`	$18.37M	USD	Point-in-time
Obligation for noncontrolling owners interests in subsidiaries and joint ventures	`ObligationForNoncontrollingOwnersInterestInSubsidiariesAndJointVentures`	$16.85M	USD	Point-in-time
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,393,716 and 16,321,116 shares issued	`CommonStockValue`	$163.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,393,716 and 16,321,116 shares issued	`CommonStockValue`	$163.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$196.32M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$196.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.51M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$496.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$498.00K	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$208.80M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$213.31M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.53M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.78M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$214.84M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.59M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$303.83M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$352.88M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$227.74M	USD	2 Qtrs
Revenues	`Revenues`	$128.50M	USD	1 Quarter
Revenues	`Revenues`	$267.13M	USD	2 Qtrs
Revenues	`Revenues`	$168.71M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$114.92M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$206.56M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$153.55M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$250.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$13.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$21.18M	USD	2 Qtrs
Gross profit	`GrossProfit`	$17.03M	USD	2 Qtrs
Gross profit	`GrossProfit`	$15.16M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.44M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.36M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.11M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.30M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$5.00K	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$2.76M	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$1.52M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$150.00K	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$7.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.68M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$8.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.97M	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-245.00K	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$1.08M	USD	2 Qtrs
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$333.00K	USD	1 Quarter
Gain (loss) on sale of securities and other	`OtherNonoperatingIncomeExpense`	$-41.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$511.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$565.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$927.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$943.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$374.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$432.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$818.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$588.00K	USD	2 Qtrs
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$4.87M	USD	2 Qtrs
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$9.09M	USD	2 Qtrs
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$8.65M	USD	1 Quarter
Income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$7.44M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$984.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-2.99M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.29M	USD	1 Quarter
Net income	`ProfitLoss`	$7.67M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`MinorityInterestInNetIncomeLossOtherMinorityInterests`	$4.38M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`MinorityInterestInNetIncomeLossOtherMinorityInterests`	$3.52M	USD	2 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`MinorityInterestInNetIncomeLossOtherMinorityInterests`	$12.08M	USD	2 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`MinorityInterestInNetIncomeLossOtherMinorityInterests`	$2.08M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$3.29M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-4.21M	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	-0.29	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	0.26	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	0.15	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	0.26	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	0.25	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	0.26	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	-0.29	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	0.15	shares	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$16.48M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$16.36M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$16.47M	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$16.34M	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$16.59M	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$16.34M	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$16.60M	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$16.44M	USD	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$3.29M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-4.21M	USD	2 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$-12.08M	USD	2 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.29M	USD	1 Quarter
Net income	`ProfitLoss`	$7.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.38M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.72M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$154.00K	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.67M	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-185.00K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$397.00K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-3.14M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$258.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$264.00K	USD	2 Qtrs
Interest expense accreted on noncontrolling interests	`InterestExpenseAccretedOnNoncontrollingInterest`	$424.00K	USD	2 Qtrs
Interest expense accreted on noncontrolling interests	`InterestExpenseAccretedOnNoncontrollingInterest`	$497.00K	USD	2 Qtrs
Loss (gain) on sale of securities and other	`GainLossOnSaleOfOtherInvestments`	$-696.00K	USD	2 Qtrs
Loss (gain) on sale of securities and other	`GainLossOnSaleOfOtherInvestments`	$245.00K	USD	2 Qtrs
Tax impact from exercise of stock options	`TaxBenefitFromStockOptionsExercised1`	$-129.00K	USD	2 Qtrs
Increase in contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$-7.33M	USD	2 Qtrs
Increase in contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$-13.91M	USD	2 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$9.38M	USD	2 Qtrs
(Increase) decrease in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$-378.00K	USD	2 Qtrs
Increase in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.13M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$203.00K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.99M	USD	2 Qtrs
(Increase) decrease in receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$832.00K	USD	2 Qtrs
(Increase) decrease in receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$-834.00K	USD	2 Qtrs
Increase in trade payables	`IncreaseDecreaseInAccountsPayable`	$22.21M	USD	2 Qtrs
Increase in trade payables	`IncreaseDecreaseInAccountsPayable`	$3.15M	USD	2 Qtrs
Increase in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$5.85M	USD	2 Qtrs
Increase in billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$1.22M	USD	2 Qtrs
Increase in accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$365.00K	USD	2 Qtrs
Increase in accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.84M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.13M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.57M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.17M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.86M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.85M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$564.00K	USD	2 Qtrs
Purchases of short-term securities, available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$83.16M	USD	2 Qtrs
Purchases of short-term securities, available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$19.08M	USD	2 Qtrs
Sales of short-term securities, available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$58.60M	USD	2 Qtrs
Sales of short-term securities, available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$14.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.17M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.35M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$2.00M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$3.00M	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$2.00M	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$3.00M	USD	2 Qtrs
Repayments under long-term obligations	`RepaymentsOfLongTermDebt`	$73.00K	USD	2 Qtrs
Repayments under long-term obligations	`RepaymentsOfLongTermDebt`	$37.00K	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.84M	USD	2 Qtrs
Issuance of common stock pursuant to warrants and options exercised	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$47.00K	USD	2 Qtrs
Issuance of common stock pursuant to warrants and options exercised	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$122.00K	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$4.82M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$4.88M	USD	2 Qtrs
Utilization of tax impact from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-129.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.57M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.04M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.74M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-39.17M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.37M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.44M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.44M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$534.00K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$64.00K	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$2.75M	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$2.03M	USD	2 Qtrs
Revaluation of noncontrolling interest RLW put/call liability, net of tax	`IncreaseDecreaseInRevaluationOfNoncontrollingInterestRLWPutcallLiabilityNetOfTax`	$476.00K	USD	2 Qtrs
Reclassification of amounts payable to noncontrolling interest owner	`ReclassificationOfAmountsPayableToNoncontrollingInterestOwner`	$1.05M	USD	2 Qtrs
Issuance of noncontrolling interest in RHB in exchange for net assets of acquired companies	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$15.20M	USD	2 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance at January 1, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$214.84M	USD	Point-in-time
Balance at January 1, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.59M	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterest1`	$-3.92M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	2 Qtrs
Stock issued upon option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$47.00K	USD	2 Qtrs
Tax impact from exercise of stock options	`TaxBenefitFromStockOptionsExercised1`	$-129.00K	USD	2 Qtrs
Issuance and amortization of restricted stock	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$264.00K	USD	2 Qtrs
Issuance and amortization of restricted stock	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$264.00K	USD	2 Qtrs
Revaluation of noncontrolling interest RLW put/call liability and other, net of tax	`RevaluationOfNoncontrollingInterestPutCallLiability`	$-516.00K	USD	2 Qtrs
Balance at June 30, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$214.84M	USD	Point-in-time
Balance at June 30, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.59M	USD	Point-in-time

Comprehensive Income 17 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.25M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$3.29M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$4.21M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-4.21M	USD	2 Qtrs
Net income attributable to noncontrolling interest included in equity	`NetIncomeAttributableToNoncontrollingInterestIncludedInEquity`	$296.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest included in liabilities	`NetIncomeAttributableToNoncontrollingInterestIncludedInLiabilities`	$3.52M	USD	2 Qtrs
Net income attributable to noncontrolling interest included in liabilities	`NetIncomeAttributableToNoncontrollingInterestIncludedInLiabilities`	$11.78M	USD	2 Qtrs
Realized (gain) loss from available-for-sale securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$143.00K	USD	2 Qtrs
Realized (gain) loss from available-for-sale securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-326.00K	USD	2 Qtrs
Change in unrealized holding gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$312.00K	USD	2 Qtrs
Change in unrealized holding gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$122.00K	USD	2 Qtrs
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$29.00K	USD	2 Qtrs
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$8.00K	USD	2 Qtrs
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-13.00K	USD	2 Qtrs
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-133.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.86M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.91M	USD	2 Qtrs

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