XML 53 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues $ 177,425 $ 194,806 $ 295,107 $ 329,343
Cost of revenues (168,314) (182,307) (292,832) (308,974)
Gross profit 9,111 12,499 2,275 20,369
General and administrative expenses (9,598) (9,507) (21,201) (17,991)
Other operating income (expense), net 325 (457) 2,086 599
Operating (loss) income (162) 2,535 (16,840) 2,977
Interest income 69 189 432 531
Interest expense (634) (251) (1,016) (554)
Loss on extinguishment of debt (240)   (240)  
(Loss) income before income taxes and earnings attributable to noncontrolling interests (967) 2,473 (17,664) 2,954
Income tax expense (28) (28) (31) (28)
Net (loss) income (995) 2,445 (17,695) 2,926
Noncontrolling owners’ interests in earnings of subsidiaries (1,547) (1,245) (1,839) (1,520)
Net (loss) income attributable to Sterling common stockholders $ (2,542) $ 1,200 $ (19,534) $ 1,406
Net (loss) earnings per share attributable to Sterling common stockholders:        
Basic (in Dollars per share) $ (0.13) $ 0.07 $ (1.03) $ 0.08
Diluted (in Dollars per share) $ (0.13) $ 0.07 $ (1.03) $ 0.08
Weighted average number of common shares outstanding used in computing per share amounts:        
Basic (in Shares) 19,269,977 17,942,124 19,040,870 17,308,551
Diluted (in Shares) 19,269,977 18,110,025 19,040,870 17,464,229