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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
13.EARNINGS PER SHARE
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, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
Numerator:2025202420252024
Net income attributable to Sterling common stockholders$70,991 $51,879 $110,468 $82,927 
Denominator:
Weighted average common shares outstanding — basic30,408 30,914 30,477 30,945 
Shares for dilutive unvested stock and warrants354 231 327 213 
Weighted average common shares outstanding — diluted30,762 31,145 30,804 31,158 
Net income per share attributable to Sterling common stockholders:
Basic$2.33 $1.68 $3.62 $2.68 
Diluted$2.31 $1.67 $3.59 $2.66 
There were 10 and 20 weighted average unvested shares that were excluded from the calculation of diluted EPS under the treasury stock method, as they were anti-dilutive, for the three and six months ended June 30, 2025, respectively. There were 37 and 64 weighted average unvested shares that were excluded from the calculation of diluted EPS under the treasury stock method, as they were anti-dilutive, for the three and six months ended June 30, 2024, respectively.