XML 191 R35.htm IDEA: XBRL DOCUMENT
v3.23.2

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Earnings Per Share [Abstract] |
Summary 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 the three and six months ended June 30, 2023 and 2022:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Numerator: | 2023 |  | 2022 |  | 2023 |  | 2022
Net income from Continuing Operations | $ | 39,480 |  |  | $ | 28,114 |  |  | $ | 59,129 |  |  | $ | 45,786 |
Net income from Discontinued Operations | — |  |  | (2,153) |  |  | — |  |  | (573) |
Net income attributable to Sterling common stockholders | $ | 39,480 |  |  | $ | 25,961 |  |  | $ | 59,129 |  |  | $ | 45,213 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding — basic | 30,780 |  |  | 30,225 |  |  | 30,699 |  |  | 30,094 |
Shares for dilutive unvested stock and warrants | 220 |  |  | 137 |  |  | 187 |  |  | 135 |
Weighted average common shares outstanding — diluted | 31,000 |  |  | 30,362 |  |  | 30,886 |  |  | 30,229 |
Net income per share from Continuing Operations: |  |  |  |  |  |  |
Basic | $ | 1.28 |  |  | $ | 0.93 |  |  | $ | 1.93 |  |  | $ | 1.52 |
Diluted | $ | 1.27 |  |  | $ | 0.93 |  |  | $ | 1.91 |  |  | $ | 1.52 |
Net income per share from Discontinued Operations: |  |  |  |  |  |  |
Basic | $ | — |  |  | $ | (0.07) |  |  | $ | — |  |  | $ | (0.02) |
Diluted | $ | — |  |  | $ | (0.07) |  |  | $ | — |  |  | $ | (0.02) |
Net income per share attributable to Sterling common stockholders: |  |  |  |  |  |  |
Basic | $ | 1.28 |  |  | $ | 0.86 |  |  | $ | 1.93 |  |  | $ | 1.50 |
Diluted | $ | 1.27 |  |  | $ | 0.86 |  |  | $ | 1.91 |  |  | $ | 1.50 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration