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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 16,371 $ 49,441
Short-term investments 44,855 35,752
Contracts receivable, including retainage 74,875 70,301
Costs and estimated earnings in excess of billings on uncompleted contracts 16,509 10,058
Inventories 1,922 1,479
Deferred tax asset, net 1,302 82
Receivables from and equity in construction joint ventures 6,057 6,744
Deposits and other current assets 2,132 2,472
Total current assets 164,023 176,329
Property and equipment, net 83,429 74,681
Goodwill 54,050 114,745
Other assets, net 2,329 1,376
Total assets 303,831 367,131
Current liabilities:    
Accounts payable 34,428 37,631
Billings in excess of costs and estimated earnings on uncompleted contracts 18,583 17,807
Current maturities of long-term debt 573 73
Income taxes payable 2,013 1,493
Accrued compensation 5,329 6,920
Other current liabilities 8,359 5,127
Total current liabilities 69,285 69,051
Long-term liabilities:    
Long-term debt, net of current maturities 263 336
Deferred tax liability, net 0 18,591
Other long-term liabilities (2,597) 0
Total long-term liabilities 2,860 18,927
Commitments and contingencies (Note 12)      
Obligations for noncontrolling owners' interests in subsidiaries and joint ventures 16,848 28,724
Sterling stockholders' equity:    
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued 0 0
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,321,116 and 16,468,369 shares issued 163 164
Treasury stock, 0 and 3,147 shares of common stock, at no cost 0 0
Additional paid in capital 196,143 198,849
Retained earnings 16,509 51,553
Accumulated other comprehensive income (loss) 496 (137)
Total Sterling common stockholders' equity 213,311 250,429
Noncontrolling interests 1,527 0
Total equity 214,838 250,429
Total liabilities and equity $ 303,831 $ 367,131