10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001171843-15-004528`
Period End Date	20150630
Filing Date	20150810
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	strl-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 70 Cash Flow Statement 76 Stockholders Equity 12 Comprehensive Income 19

Balance Sheet 74 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`	$22.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`Cash`	$14.34M	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$78.90M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$100.56M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$33.40M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$25.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Inventories	`InventoryNet`	$7.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.80M	shares	Point-in-time
Inventories	`InventoryNet`	$5.77M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.54M	shares	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$10.84M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$9.15M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.28M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$156.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$162.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$87.10M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$7.56M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.03M	USD	Point-in-time
Total assets	`Assets`	$306.45M	USD	Point-in-time
Total assets	`Assets`	$307.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$75.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.79M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$35.14M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$25.65M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$965.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$5.02M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$27.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.87M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$10.27M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.17M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$5.30M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$4.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$104.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$131.52M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$37.02M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$33.26M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$20.82M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$22.88M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$323.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$753.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$54.41M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$60.65M	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 28,000,000 shares authorized, 19,544,069 and 18,802,679 shares issued	`CommonStockValue`	$188.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 28,000,000 shares authorized, 19,544,069 and 18,802,679 shares issued	`CommonStockValue`	$195.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$205.70M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$205.99M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-91.63M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-72.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.00K	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$133.69M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$114.54M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.85M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.15M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$121.39M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$306.45M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$307.32M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$295.11M	USD	2 Qtrs
Revenues	`Revenues`	$177.43M	USD	1 Quarter
Revenues	`Revenues`	$194.81M	USD	1 Quarter
Revenues	`Revenues`	$329.34M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$292.83M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$168.31M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$308.97M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$182.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.27M	USD	2 Qtrs
Gross profit	`GrossProfit`	$20.37M	USD	2 Qtrs
Gross profit	`GrossProfit`	$12.50M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.99M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$21.20M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.60M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.51M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$2.09M	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$325.00K	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$599.00K	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-457.00K	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-16.84M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$2.54M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-162.00K	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$2.98M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$69.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$531.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$189.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$432.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$1.02M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$634.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$554.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$251.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	2 Qtrs
(Loss) income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-967.00K	USD	1 Quarter
(Loss) income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$2.47M	USD	1 Quarter
(Loss) income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-17.66M	USD	2 Qtrs
(Loss) income before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$2.95M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$28.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$28.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$28.00K	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-17.70M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-995.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.93M	USD	2 Qtrs
Noncontrolling owners interests in earnings of subsidiaries	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.52M	USD	2 Qtrs
Noncontrolling owners interests in earnings of subsidiaries	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.55M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.25M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.84M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.41M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-1.03	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-1.03	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.27M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.04M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	17.31M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	17.94M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.11M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.27M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.04M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.46M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.41M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Plus: Noncontrolling owners interests in earnings of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.25M	USD	1 Quarter
Plus: Noncontrolling owners interests in earnings of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.52M	USD	2 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.84M	USD	2 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Net (loss) income	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.93M	USD	2 Qtrs
Net (loss) income	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-17.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.20M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$916.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$999.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$489.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$383.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	2 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$21.67M	USD	2 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$27.36M	USD	2 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$20.30M	USD	2 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$-7.90M	USD	2 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures`	$1.68M	USD	2 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures`	$2.70M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$60.00K	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.42M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$351.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.41M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.56M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.97M	USD	2 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-1.33M	USD	2 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$9.49M	USD	2 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-171.00K	USD	2 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.41M	USD	2 Qtrs
Members interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$310.00K	USD	2 Qtrs
Members interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$2.05M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.62M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.47M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.27M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.67M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfAvailableForSaleSecurities`	$3.28M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfAvailableForSaleSecurities`	$4.25M	USD	2 Qtrs
Restricted cash used as collateral for letter of credit	`IncreaseDecreaseInRestrictedCash`	$2.95M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.94M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.42M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$110.38M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$150.76M	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$144.98M	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$139.98M	USD	2 Qtrs
Cash received from equipment-based term loan	`ProceedsFromIssuanceOfLongTermDebt`	$20.00M	USD	2 Qtrs
Cumulative drawdowns equipment-based revolver	`ProceedsFromSecuredLinesOfCredit`	$14.55M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$200.00K	USD	1 Quarter
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.45M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.19M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.50M	USD	1 Quarter
Net proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$14.05M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-338.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$558.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.94M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.30M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.51M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.41M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.28M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$533.00K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$749.00K	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$542.00K	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$1.00K	USD	2 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$997.00K	USD	2 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$987.00K	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$121.39M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-17.70M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.44M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-995.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.93M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$83.00K	USD	2 Qtrs
Issuance and amortization of restricted stock	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$489.00K	USD	2 Qtrs
Distributions to owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.45M	USD	2 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-185.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$141.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$121.39M	USD	Point-in-time

Comprehensive Income 19 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.41M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net (loss) income attributable to Sterling common stockholders	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Net income attributable to noncontrolling interests included in equity	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.25M	USD	1 Quarter
Net income attributable to noncontrolling interests included in equity	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.52M	USD	2 Qtrs
Net income attributable to noncontrolling interests included in equity	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.84M	USD	2 Qtrs
Net income attributable to noncontrolling interests included in equity	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Realized loss (gain) from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$83.00K	USD	2 Qtrs
Realized loss (gain) from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$-30.00K	USD	2 Qtrs
Realized loss (gain) from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$-16.00K	USD	1 Quarter
Realized loss (gain) from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$33.00K	USD	1 Quarter
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$8.00K	USD	1 Quarter
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-29.00K	USD	2 Qtrs
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$47.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$2.87M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-954.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-17.61M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$2.48M	USD	1 Quarter

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