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Net Income (Loss) Per Share Attributable to Sterling Common Stockholders
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Sterling Common Stockholders
12.
Net Income (Loss) per Share Attributable to Sterling Common Stockholders
 
Basic net income (loss) per share attributable to Sterling common stockholders is computed by dividing net income (loss) attributable to Sterling common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per common share attributable to Sterling common stockholders is the same as basic net income (loss) per share attributable to Sterling common stockholders but includes dilutive unvested stock and warrants using the treasury stock method. The following table reconciles the numerators and denominators of the basic and diluted per common share computations for net income (loss) attributable to Sterling common stockholders (amounts in thousands, except per share data):
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 

 
 

 
 

 
 

Net income (loss) attributable to Sterling common stockholders
 
$
7,132

 
$
2,415

 
$
8,537

 
$
(2,890
)
Weighted average common shares outstanding — basic
 
26,486

 
25,003

 
25,787

 
23,915

Shares for dilutive unvested stock and warrants
 
434

 
362

 
473

 

Weighted average common shares outstanding and incremental shares assumed repurchased— diluted
 
26,920

 
25,365

 
26,260

 
23,915

Basic income (loss) per share attributable to Sterling common stockholders
 
$
0.27

 
$
0.10

 
$
0.33

 
$
(0.12
)
Diluted income (loss) per share attributable to Sterling common stockholders
 
$
0.26

 
$
0.10

 
$
0.33

 
$
(0.12
)


In accordance with the treasury stock method, approximately 0.3 million shares of unvested common stock were excluded from the diluted weighted average common shares outstanding for the nine months ended September 30, 2016, as the Company incurred a loss during that period and the impact of such shares would have been anti-dilutive.