Earnings Per Share

9 Months Ended

Sep. 30, 2020


15.			EARNINGS PER SHARE

Basic net income per share attributable to Sterling common stockholders is computed by dividing net income attributable to Sterling common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income per common share attributable to Sterling common stockholders is the same as basic net income per share attributable to Sterling common stockholders but includes dilutive unvested stock awards 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 attributable to Sterling common stockholders:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Net income attributable to Sterling common stockholders	$	15,157	$	7,957	$	36,482	$	17,600
Denominator:
Weighted average common shares outstanding — basic	28,003		26,365		27,832		26,359
Shares for dilutive unvested stock and warrants	230		272		154		302
Weighted average common shares outstanding — diluted	28,233		26,637		27,986		26,661
Basic net income per share attributable to Sterling common stockholders	$	0.54	$	0.30	$	1.31	$	0.67
Diluted net income per share attributable to Sterling common stockholders	$	0.54	$	0.30	$	1.30	$	0.66