XML 47 R34.htm IDEA: XBRL DOCUMENT v3.22.0.1
Construction Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Condensed Income Statement
Summary financial information for Myers is as follows:
Years Ended December 31,
202120202019
Revenues$167,393 $200,674 $205,615 
Operating income$3,222 $4,796 $6,372 
Net income$2,565 $2,382 $3,196 
Summary financial information for this construction joint venture is as follows:
Years Ended December 31,
20212020
Revenues$55,373 $15,800 
Operating income$5,598 $1,271 
Net income$5,605 $1,278 
Years Ended December 31,
202120202019
Revenues$252,026 $198,497 $158,291 
Income before tax$31,684 $22,517 $20,449 
Sterling’s noncontrolling interest:
Revenues$110,627 $88,825 $76,419 
Income before tax$14,150 $10,061 $8,170 
Condensed Balance Sheet Combined financial amounts of joint ventures in which the Company has a noncontrolling interest and the Company’s share of such amounts which are included in the Company’s Consolidated Financial Statements are shown below:
As of December 31,
20212020
Current assets$130,898 $143,608 
Current liabilities$(91,121)$(141,295)
Sterling’s receivables from and equity in construction joint ventures$16,896 $16,653