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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 1,029 $ 3,142
Short-term investments 21,000 49,211
Contracts receivable, including retainage 87,693 70,815
Costs and estimated earnings in excess of billings on uncompleted contracts 23,327 20,592
Inventories 4,603 3,731
Deferred tax asset, net 588 1,803
Receivables from and equity in construction joint ventures 8,543 11,005
Other current assets 10,180 4,459
Total current assets 156,963 164,758
Property and equipment, net 97,498 102,308
Goodwill 54,820 54,820
Long-term deferred tax asset, net 14,197 2,973
Other assets, net 5,591 6,651
Total assets 329,069 331,510
Current liabilities:    
Accounts payable 55,822 47,796
Billings in excess of costs and estimated earnings on uncompleted contracts 24,441 18,918
Current maturities of long-term debt 232 73
Accrued compensation 6,350 4,909
Current obligation for noncontrolling owners’ interest in subsidiaries and joint ventures 517 2,887
Other current liabilities 4,095 2,691
Total current liabilities 91,457 77,274
Long-term liabilities:    
Long-term debt, net of current maturities 29,469 24,201
Other long-term liabilities 2,482 2,728
Total long-term liabilities 31,951 26,929
Obligations for noncontrolling owners’ interests in subsidiaries and joint ventures 15,158 14,721
Sterling stockholders’ equity:    
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,647,604 and 16,495,216 shares issued 166 165
Additional paid in capital 197,573 197,067
Retained earnings (deficit) (9,735) 12,220
Accumulated other comprehensive income (loss) (201) [1] 696
Total Sterling common stockholders’ equity 187,803 210,148
Noncontrolling interests 2,700 2,438
Total equity 190,503 212,586
Total liabilities and equity $ 329,069 $ 331,510
[1] Amounts in parentheses represent reductions to accumulated other comprehensive income.