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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues $ 168,709 $ 128,498 $ 267,134 $ 227,740
Cost of revenues (153,550) (114,916) (250,103) (206,559)
Gross profit 15,159 13,582 17,031 21,181
General and administrative expenses (8,444) (6,300) (16,110) (12,356)
Other operating income (expense), net 1,525 5 2,756 150
Operating income 8,240 7,287 3,677 8,975
Gain (loss) on sale of securities and other 333 (41) 1,083 (245)
Interest income 511 565 927 943
Interest expense (432) (374) (818) (588)
Income before income taxes and earnings attributable to noncontrolling interests 8,652 7,437 4,869 9,085
Income tax benefit (expense) (984) (1,145) 2,992 (1,311)
Net income 7,668 6,292 7,861 7,774
Noncontrolling owners’ interests in earnings of subsidiaries and joint ventures (4,381) (2,081) (12,076) (3,519)
Net income (loss) attributable to Sterling common stockholders $ 3,287 $ 4,211 $ (4,215) $ 4,255
Net income (loss) per share attributable to Sterling common stockholders:        
Basic (in Shares) 0.15 0.26 (0.29) 0.26
Diluted (in Shares) 0.15 0.25 (0.29) 0.26
Weighted average number of common shares outstanding used in computing per share amounts:        
Basic (in Dollars per share) $ 16,359,597 $ 16,483,691 $ 16,341,037 $ 16,474,074
Diluted (in Dollars per share) $ 16,444,324 $ 16,594,509 $ 16,341,037 $ 16,604,368