XML 32 R20.htm IDEA: XBRL DOCUMENT v3.25.3
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
14.EARNINGS PER SHARE
The following table reconciles the numerators and denominators of the basic and diluted earnings per share computations for the three and nine months ended September 30, 2025 and 2024:
Three Months Ended September 30,Nine Months Ended September 30,
Numerator:2025202420252024
Net income attributable to Sterling common stockholders$92,088 $61,321 $202,556 $144,248 
Denominator:
Weighted average common shares outstanding — basic30,519 30,735 30,491 30,875 
Shares for dilutive unvested stock and warrants441 335 384 309 
Weighted average common shares outstanding — diluted30,960 31,070 30,875 31,184 
Net income per share attributable to Sterling common stockholders:
Basic$3.02 $2.00 $6.64 $4.67 
Diluted$2.97 $1.97 $6.56 $4.63 
There were 2 and 4 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 nine months ended September 30, 2025, respectively. There were 64 and 66 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 nine months ended September 30, 2024, respectively.