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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 16,610 $ 16,371
Short-term investments 43,582 44,855
Contracts receivable, including retainage 72,893 74,875
Costs and estimated earnings in excess of billings on uncompleted contracts 17,822 16,509
Inventories 3,398 1,922
Deferred tax asset, net 521 1,302
Receivables from and equity in construction joint ventures 7,546 6,057
Deposits and other current assets 3,876 2,132
Total current assets 166,248 164,023
Property and equipment, net 82,680 83,429
Goodwill 54,500 54,050
Other assets, net 5,435 2,329
Total assets 308,863 303,831
Current liabilities:    
Accounts payable 44,826 40,064
Billings in excess of costs and estimated earnings on uncompleted contracts 21,014 18,583
Current maturities of long-term debt 573 573
Income taxes payable 66 2,013
Accrued compensation 5,385 5,329
Other current liabilities 2,250 2,723
Total current liabilities 74,114 69,285
Long-term liabilities:    
Long-term debt, net of current maturities 245 263
Other long-term liabilities 2,398 2,597
Total long-term liabilities 2,643 2,860
Commitments and contingencies (Note 7)      
Obligation for noncontrolling owners interests in subsidiaries and joint ventures 24,346 16,848
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, 16,322,912 and 16,321,116 shares issued 163 163
Additional paid in capital 196,240 196,143
Retained earnings 9,310 16,509
Accumulated other comprehensive income 538 496
Total Sterling common stockholders' equity 206,251 213,311
Noncontrolling interests 1,509 1,527
Total equity 207,760 214,838
Total liabilities and equity $ 308,863 $ 303,831