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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles the numerators and denominators of the basic and diluted earnings per share computations for net income attributable to Sterling common stockholders:


	Years Ended December 31,
	2022		2021		2020
Numerator:
Net income from Continuing Operations	$	96,717	$	61,457	$	43,123
Net income (loss) from Discontinued Operations	9,744		1,188		(817)
Net income attributable to Sterling common stockholders	$	106,461	$	62,645	$	42,306

Denominator:
Weighted average common shares outstanding — basic	30,199		28,600		27,859
Shares for dilutive unvested stock and warrants	365		501		336
Weighted average common shares outstanding — diluted	30,564		29,101		28,195

Net income per share from Continuing Operations:
Basic	$	3.20	$	2.15	$	1.55
Diluted	$	3.16	$	2.11	$	1.53

Net income (loss) per share from Discontinued Operations:
Basic	$	0.32	$	0.04	$	(0.03)
Diluted	$	0.32	$	0.04	$	(0.03)

Net income per share attributable to Sterling common stockholders:
Basic	$	3.53	$	2.19	$	1.52
Diluted	$	3.48	$	2.15	$	1.50