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v3.19.3

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Income Statement [Abstract] |  |  |  |
Revenues | $ 291,699 | $ 291,266 | $ 779,734 | $ 782,492
Cost of revenues | (262,483) | (259,987) | (705,519) | (700,333)
Gross profit | 29,216 | 31,279 | 74,215 | 82,159
General and administrative expense | (10,839) | (11,455) | (34,102) | (36,998)
Acquisition related costs | (1,896) | 0 | (2,158) | 0
Other operating expense, net | (4,366) | (5,451) | (9,936) | (11,960)
Operating income | 12,115 | 14,373 | 28,019 | 33,201
Interest income | 331 | 274 | 986 | 604
Interest expense | (3,024) | (3,066) | (8,988) | (9,265)
Income before income taxes | 9,422 | 11,581 | 20,017 | 24,540
Income tax expense | (913) | (1,413) | (1,782) | (1,551)
Net income | 8,509 | 10,168 | 18,235 | 22,989
Less: Net income attributable to noncontrolling interests | (552) | (1,251) | (635) | (3,409)
Net income attributable to Sterling common stockholders | $ 7,957 | $ 8,917 | $ 17,600 | $ 19,580
Net income per share attributable to Sterling common stockholders: |  |  |  |
Basic (in dollars per share) | $ 0.30 | $ 0.33 | $ 0.67 | $ 0.73
Diluted (in dollars per share) | $ 0.30 | $ 0.33 | $ 0.66 | $ 0.72
Weighted average common shares outstanding: |  |  |  |
Basic (in shares) | 26,365 | 26,908 | 26,359 | 26,893
Diluted (in shares) | 26,637 | 27,295 | 26,661 | 27,174

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