XML 163 R7.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Total Sterling Stockholders’ Equity
Common Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2021     29,838        
Beginning balance at Dec. 31, 2021 $ 360,227 $ 358,767 $ 298 $ 280,274 $ 79,918 $ (1,723) $ 1,460
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 19,523 19,252     19,252   271
Change in interest rate swap 1,563 1,563       1,563  
Stock-based compensation 3,521 3,521   3,521      
Issuance of stock (in shares)     688        
Issuance of stock 192 192 $ 7 185      
Shares withheld for taxes (in shares)     (263)        
Shares withheld for taxes (7,386) (7,386) $ (3) (7,383)      
Ending balance (in shares) at Mar. 31, 2022     30,263        
Ending balance at Mar. 31, 2022 377,640 375,909 $ 302 276,597 99,170 (160) 1,731
Beginning balance (in shares) at Dec. 31, 2021     29,838        
Beginning balance at Dec. 31, 2021 360,227 358,767 $ 298 280,274 79,918 (1,723) 1,460
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 45,895            
Change in interest rate swap 2,402            
Ending balance (in shares) at Jun. 30, 2022     30,299        
Ending balance at Jun. 30, 2022 407,375 405,233 $ 303 279,120 125,131 679 2,142
Beginning balance (in shares) at Mar. 31, 2022     30,263        
Beginning balance at Mar. 31, 2022 377,640 375,909 $ 302 276,597 99,170 (160) 1,731
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 26,372 25,961     25,961   411
Change in interest rate swap 839 839       839  
Stock-based compensation 2,333 2,333   2,333      
Issuance of stock (in shares)     36        
Issuance of stock 191 191 $ 1 190      
Ending balance (in shares) at Jun. 30, 2022     30,299        
Ending balance at Jun. 30, 2022 $ 407,375 405,233 $ 303 279,120 125,131 $ 679 2,142
Beginning balance (in shares) at Dec. 31, 2022 30,585   30,585        
Beginning balance at Dec. 31, 2022 $ 477,799 474,599 $ 306 287,914 186,379   3,200
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 20,040 19,649     19,649   391
Stock-based compensation 4,486 4,486   4,486      
Issuance of stock (in shares)     316        
Issuance of stock 218 218 $ 2 216      
Shares withheld for taxes (in shares)     (111)        
Shares withheld for taxes (4,288) (4,288)   (4,288)      
Ending balance (in shares) at Mar. 31, 2023     30,790        
Ending balance at Mar. 31, 2023 $ 498,255 494,664 $ 308 288,328 206,028   3,591
Beginning balance (in shares) at Dec. 31, 2022 30,585   30,585        
Beginning balance at Dec. 31, 2022 $ 477,799 474,599 $ 306 287,914 186,379   3,200
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 60,270            
Change in interest rate swap $ 0            
Ending balance (in shares) at Jun. 30, 2023 30,816   30,816        
Ending balance at Jun. 30, 2023 $ 541,914 537,573 $ 308 291,757 245,508   4,341
Beginning balance (in shares) at Mar. 31, 2023     30,790        
Beginning balance at Mar. 31, 2023 498,255 494,664 $ 308 288,328 206,028   3,591
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 40,230 39,480     39,480   750
Change in interest rate swap 0            
Stock-based compensation 3,270 3,270   3,270      
Issuance of stock (in shares)     27        
Issuance of stock 199 199   199      
Shares withheld for taxes (in shares)     (1)        
Shares withheld for taxes $ (40) (40)   (40)      
Ending balance (in shares) at Jun. 30, 2023 30,816   30,816        
Ending balance at Jun. 30, 2023 $ 541,914 $ 537,573 $ 308 $ 291,757 $ 245,508   $ 4,341