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Net Income per Share Attributable to Sterling Common Stockholders
6 Months Ended
Jun. 30, 2011
Net income per share attributable to Sterling common stockholders:  
Net Income per Share Attributable to Sterling Common Stockholders
10.  
Net Income per Share Attributable to Sterling Common Stockholders

Basic net income per share attributable to Sterling common stockholders is computed by dividing net income attributable to Sterling common stockholders by the weighted average number of common shares outstanding during the period.  Diluted net income per common share attributable to Sterling common stockholders is the same as basic net income per share attributable to Sterling common stockholders but includes dilutive stock options and warrants using the treasury stock method.  Diluted earnings per common share attributable to Sterling common stockholders excludes stock options which were outstanding during the three and six months ended June 30, 2011 to purchase 95,107 and 95,107 shares, respectively, and stock options which were outstanding during the three and six months ended June 30, 2010 to purchase 119,407 and 95,307 shares, respectively, as such impact was anti-dilutive.

  The following table reconciles the numerators and denominators of the basic and diluted per common share computations for net income attributable to Sterling common stockholders for the three and six months ended June 30, 2011 and 2010, respectively (in thousands, except per share data):

   
Three Months Ended June 30,
  
Six Months
Ended June 30,
 
   
2011
  
2010
  
2011
  
2010
 
Numerator:
            
Net income attributable to Sterling common stockholders
 $4,211  $4,667  $4,255  $6,219 
Denominator:
                
Weighted average common shares outstanding — basic
  16,484   16,119   16,474   16,107 
Shares for dilutive stock options and warrants 
  111   424   130   433 
Weighted average common shares outstanding and assumed
conversions— diluted 
  16,595   16,543   16,604   16,540 
Basic net income per share attributable to Sterling common stockholders
 $0.26  $0.29  $0.26  $0.39 
Diluted net income per share attributable to Sterling common stockholders
 $0.25  $0.28  $0.26  $0.38