XML 45 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Construction Joint Ventures (Tables)
 6 Months Ended
Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Condensed Income Statement
Summary financial information for Myers is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$48,741 $43,137 $93,099 $71,094 
Operating (loss) income$(4,608)$747 $(6,056)$1,465 
Net (loss) income$(2,305)$366 $(568)$717 
Summary financial information for this construction joint venture is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$12,609 $9,325 $20,462 $17,566 
Operating income$836 $613 $1,388 $3,140 
Net income$840 $615 $1,394 $3,143 
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$57,918 $62,489 $116,477 $111,906 
Income before tax$7,567 $8,780 $14,344 $13,415 
Sterling’s noncontrolling interest:
Revenues$23,970 $26,994 $50,578 $48,938 
Income before tax$2,948 $3,676 $6,015 $5,811 
Condensed Balance Sheet
June 30,
2022		December 31,
2021
Current assets$109,823 $130,898 
Current liabilities$(67,427)$(91,121)
Sterling’s receivables from and equity in construction joint ventures$16,910 $16,896