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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,034 $ 16,371
Short-term investments 53,454 44,855
Contracts receivable, including retainage 120,478 74,875
Costs and estimated earnings in excess of billings on uncompleted contracts 17,876 16,509
Inventories 3,945 1,922
Deferred tax asset, net 793 1,302
Receivables from and equity in construction joint ventures 10,767 6,057
Other current assets 5,406 2,132
Total current assets 213,753 164,023
Property and equipment, net 102,326 83,429
Goodwill 54,460 54,050
Other assets, net 4,742 2,329
Total assets 375,281 303,831
Current liabilities:    
Accounts payable 65,781 40,064
Billings in excess of costs and estimated earnings on uncompleted contracts 27,031 18,583
Current maturities of long-term debt 73 573
Income taxes payable 214 2,013
Accrued compensation 9,701 5,329
Current obligation for noncontrolling owners’ interests in subsidiaries and joint ventures 23,323  
Other current liabilities 5,006 2,723
Total current liabilities 131,129 69,285
Long-term liabilities:    
Long-term debt, net of current maturities 10,208 263
Deferred tax liability, net 368  
Other long-term liabilities 2,498 2,597
Total long-term liabilities 13,074 2,860
Obligation for noncontrolling owners’ interests in subsidiaries and joint ventures 18,686 16,848
Sterling stockholders’ equity:    
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,495,216 and 16,321,116 shares issued 165 163
Additional paid in capital 196,495 196,143
Retained earnings 12,047 16,509
Accumulated other comprehensive income 946 496
Total Sterling common stockholders’ equity 209,653 213,311
Noncontrolling interests 2,739 1,527
Total equity 212,392 214,838
Total liabilities and equity $ 375,281 $ 303,831