10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001171843-16-011379`
Period End Date	20160630
Filing Date	20160801
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	strl-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 68 Cash Flow Statement 82 Stockholders Equity 8 Comprehensive Income 20

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.63M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.34M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$82.11M	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$106.59M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$35.39M	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
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$26.91M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Inventories	`InventoryNet`	$2.54M	USD	Point-in-time
Inventories	`InventoryNet`	$3.73M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Sterlings receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$12.93M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	19.75M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	25.00M	shares	Point-in-time
Sterlings receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$7.37M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.01M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$134.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$201.14M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$73.47M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$72.03M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$2.95M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$2.97M	USD	Point-in-time
Total assets	`Assets`	$266.17M	USD	Point-in-time
Total assets	`Assets`	$330.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$79.85M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$56.91M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$30.56M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$4.86M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$4.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$27.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$67.00K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$10.86M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.98M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$4.87M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$3.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$104.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.37M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$13.04M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$15.32M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$49.26M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$50.44M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$338.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$389.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$62.69M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$66.10M	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, 25,002,964 and 19,753,170 shares issued	`CommonStockValue`	$198.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 28,000,000 shares authorized, 25,002,964 and 19,753,170 shares issued	`CommonStockValue`	$250.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$208.03M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$188.15M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-97.81M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-92.50M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$95.84M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$110.48M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-91.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$421.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.90M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$95.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$330.96M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$266.17M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$189.58M	USD	1 Quarter
Revenues	`Revenues`	$316.15M	USD	2 Qtrs
Revenues	`Revenues`	$295.11M	USD	2 Qtrs
Revenues	`Revenues`	$177.43M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$168.31M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$173.49M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$296.23M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsSold`	$292.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$16.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$19.92M	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.27M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.10M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$19.65M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.60M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$21.20M	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-3.60M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$325.00K	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$2.09M	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-3.36M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-162.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$3.38M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-16.84M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-3.08M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$69.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$432.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$4.00K	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$812.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$1.69M	USD	2 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$634.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$1.02M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-17.66M	USD	2 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-967.00K	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$2.57M	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-4.77M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$27.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$31.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$28.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$27.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.54M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-4.79M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-17.70M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-995.00K	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$512.00K	USD	2 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.55M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$520.00K	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.84M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-5.30M	USD	2 Qtrs
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net income (loss) attributable to Sterling common stockholders	`NetIncomeLoss`	$2.02M	USD	1 Quarter
Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.03	USD	2 Qtrs
Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	1 Quarter
Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.04M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.27M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.26M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.04M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.26M	shares	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-5.30M	USD	2 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$2.02M	USD	1 Quarter
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.84M	USD	2 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$512.00K	USD	2 Qtrs
Net loss	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-4.79M	USD	2 Qtrs
Net loss	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-17.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.14M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$274.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$999.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$805.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$489.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-240.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$24.48M	USD	2 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$21.67M	USD	2 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$8.49M	USD	2 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$-7.90M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.63M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.19M	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`	$-5.57M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$570.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$504.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$20.89M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.97M	USD	2 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$26.36M	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`	$5.88M	USD	2 Qtrs
Members interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$-1.18M	USD	2 Qtrs
Members interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$2.05M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.62M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$26.73M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.07M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.27M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.28M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.39M	USD	2 Qtrs
Restricted cash used as collateral for letter of credit	`IncreaseDecreaseInRestrictedCash`	$2.95M	USD	2 Qtrs
Restricted cash used as collateral for letter of credit	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.68M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.94M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$110.38M	USD	2 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$144.98M	USD	2 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Cash received equipment-based term loan	`ProceedsFromIssuanceOfLongTermDebt`	$20.00M	USD	2 Qtrs
Cash received equipment-based term loan	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Cumulative repayments equipment-based term loan and other	`RepaymentsOfLongTermDebt`	$2.95M	USD	2 Qtrs
Cumulative repayments equipment-based term loan and other	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Cumulative drawdowns equipment-based revolver	`ProceedsFromSecuredLinesOfCredit`	$19.00M	USD	2 Qtrs
Cumulative drawdowns equipment-based revolver	`ProceedsFromSecuredLinesOfCredit`	$14.55M	USD	2 Qtrs
Cumulative repayments equipment-based revolver	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Cumulative repayments equipment-based revolver	`RepaymentsOfSecuredDebt`	$19.00M	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$19.14M	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$2.45M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$558.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-46.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$16.15M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.94M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$38.21M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.51M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.43M	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`	$42.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.34M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.94M	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`	-	USD	2 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$511.00K	USD	2 Qtrs
Transportation and construction equipment acquired through financing arrangements	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$987.00K	USD	2 Qtrs

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.90M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$95.75M	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterest1`	$-4.79M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$805.00K	USD	2 Qtrs
Stock issued in equity offering, net of expense	`StockIssuedDuringPeriodValueNewIssues`	$19.14M	USD	2 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-13.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.90M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$95.75M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-19.53M	USD	2 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-5.30M	USD	2 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$2.02M	USD	1 Quarter
Net income attributable to noncontrolling interests included in equity	`NetincomeAttributableToNoncontrollingInterestIncludedInequity`	$1.55M	USD	1 Quarter
Net income attributable to noncontrolling interests included in equity	`NetincomeAttributableToNoncontrollingInterestIncludedInequity`	$1.84M	USD	2 Qtrs
Net income attributable to noncontrolling interests included in equity	`NetincomeAttributableToNoncontrollingInterestIncludedInequity`	$520.00K	USD	1 Quarter
Net income attributable to noncontrolling interests included in equity	`NetincomeAttributableToNoncontrollingInterestIncludedInequity`	$512.00K	USD	2 Qtrs
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$83.00K	USD	2 Qtrs
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$33.00K	USD	1 Quarter
Realized loss from settlement of derivatives	`GainLossOnSaleOfDerivatives`	-	USD	2 Qtrs
Change in the effective portion of unrealized loss in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Change in the effective portion of unrealized loss in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$8.00K	USD	1 Quarter
Change in the effective portion of unrealized loss in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Change in the effective portion of unrealized loss in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.54M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-17.61M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-954.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-4.79M	USD	2 Qtrs

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