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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 176,000 $ 189,275 $ 471,107 $ 518,618
Cost of revenues (161,542) (180,919) (454,374) (489,894)
Gross profit 14,458 8,356 16,733 28,724
General and administrative expenses (11,119) (9,326) (32,320) (27,316)
Other operating (expense) income, net (958) (603) 1,128 (4)
Operating income (loss) 2,381 (1,573) (14,459) 1,404
Interest income 32 113 464 644
Interest expense $ (1,087) $ (211) (2,103) $ (766)
Loss on extinguishment of debt (240)
Income (loss) before income taxes and earnings attributable to noncontrolling interests $ 1,326 $ (1,671) (16,338) $ 1,282
Income tax benefit (expense) 39 (546) 8 (573)
Net income (loss) 1,365 (2,217) (16,330) 709
Noncontrolling owners’ interests in earnings of subsidiaries (1,109) (1,718) (2,948) (3,238)
Net income (loss) attributable to Sterling common stockholders $ 256 $ (3,935) $ (19,278) $ (2,529)
Net income (loss) per share attributable to Sterling common stockholders:        
Basic (in dollars per share) $ 0.01 $ (0.21) $ (1) $ (0.14)
Diluted (in dollars per share) $ 0.01 $ (0.21) $ (1) $ (0.14)
Weighted average number of common shares outstanding used in computing per share amounts:        
Basic (in shares) 19,627,674 18,809,401 19,269,123 17,814,332
Diluted (in shares) 19,627,674 18,809,401 19,269,123 17,814,332