$STRL
STERLING INFRASTRUCTURE, INC. Stock $strl

$strl Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000087423818000075 Filed on August 02, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$268.7M	$246.4M
YoY Change	9.06%	29.98%
Cost Of Revenue	$237.7M	$221.2M
YoY Change	7.45%	27.1%
Gross Profit	$31.05M	$25.21M
YoY Change	23.17%	62.16%
Gross Profit Margin	11.55%	10.23%
Selling, General & Admin	$13.20M	$12.80M
YoY Change	3.13%	47.13%
% of Gross Profit	42.52%	50.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.200M	$4.300M
YoY Change	-2.33%	10.26%
% of Gross Profit	13.53%	17.06%
Operating Expenses	$18.90M	$16.80M
YoY Change	12.5%	37.7%
Operating Profit	$12.15M	$8.356M
YoY Change	45.39%	147.15%
Interest Expense	-$2.900M	-$2.900M
YoY Change	0.0%	262.5%
% of Operating Profit	-23.87%	-34.71%
Other Income/Expense, Net
YoY Change
Pretax Income	$9.200M	$4.661M
YoY Change	97.38%	81.36%
Income Tax	$97.00K	$98.00K
% Of Pretax Income	1.05%	2.1%
Net Earnings	$9.141M	$4.563M
YoY Change	100.33%	125.56%
Net Earnings / Revenue	3.4%	1.85%
Basic Earnings Per Share	$0.30	$0.14
Diluted Earnings Per Share	$0.30	$0.13
COMMON SHARES
Basic Shares Outstanding	26.89M shares	26.98M shares
Diluted Shares Outstanding	27.13M shares	27.34M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$66.60M	$60.10M
YoY Change	10.82%	41.08%
Cash & Equivalents	$66.59M	$60.06M
Short-Term Investments
Other Short-Term Assets	$9.066M	$11.21M
YoY Change	-19.1%	106.45%
Inventory	$1.613M	$3.521M
Prepaid Expenses
Receivables	$164.5M	$137.9M
Other Receivables	$11.70M	$7.500M
Total Short-Term Assets	$289.9M	$260.7M
YoY Change	11.17%	29.64%
LONG-TERM ASSETS
Property, Plant & Equipment	$51.73M	$61.28M
YoY Change	-15.58%	-14.94%
Goodwill	$85.23M	$90.97M
YoY Change	-6.31%	65.94%
Intangibles	$43.62M	$39.49M
YoY Change	10.45%
Long-Term Investments
YoY Change
Other Assets	$227.0K	$2.968M
YoY Change	-92.35%	0.0%
Total Long-Term Assets	$180.8M	$194.7M
YoY Change	-7.14%	49.98%
TOTAL ASSETS
Total Short-Term Assets	$289.9M	$260.7M
Total Long-Term Assets	$180.8M	$194.7M
Total Assets	$470.7M	$455.5M
YoY Change	3.34%	37.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$96.38M	$89.47M
YoY Change	7.73%	12.04%
Accrued Expenses	$13.10M	$7.699M
YoY Change	70.15%	58.12%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$800.0K	$1.039M
YoY Change	-23.0%	-78.59%
Total Short-Term Liabilities	$175.8M	$187.3M
YoY Change	-6.17%	19.03%
LONG-TERM LIABILITIES
Long-Term Debt	$85.75M	$88.13M
YoY Change	-2.7%	575.6%
Other Long-Term Liabilities	$1.246M	$46.80M
YoY Change	-97.34%	-5.65%
Total Long-Term Liabilities	$134.8M	$134.9M
YoY Change	-0.08%	115.25%
TOTAL LIABILITIES
Total Short-Term Liabilities	$175.8M	$187.3M
Total Long-Term Liabilities	$134.8M	$134.9M
Total Liabilities	$310.6M	$322.3M
YoY Change	-3.62%	46.44%
SHAREHOLDERS EQUITY
Retained Earnings	-$79.46M	-$100.3M
YoY Change	-20.81%	2.58%
Common Stock	$271.0K	$270.0K
YoY Change	0.37%	8.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$153.1M	$131.3M
YoY Change
Total Liabilities & Shareholders Equity	$470.7M	$455.5M
YoY Change	3.34%	37.61%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	$9.141M	$4.563M
YoY Change	100.33%	125.56%
Depreciation, Depletion And Amortization	$4.200M	$4.300M
YoY Change	-2.33%	10.26%
Cash From Operating Activities	$14.60M	-$9.200M
YoY Change	-258.7%	-135.52%
INVESTING ACTIVITIES
Capital Expenditures	-$3.400M	-$4.100M
YoY Change	-17.07%	24.24%
Acquisitions
YoY Change
Other Investing Activities	$400.0K	-$53.70M
YoY Change	-100.74%	-7771.43%
Cash From Investing Activities	-$3.000M	-$57.80M
YoY Change	-94.81%	2123.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-500.0K	89.90M
YoY Change	-100.56%	1943.18%
NET CHANGE
Cash From Operating Activities	14.60M	-9.200M
Cash From Investing Activities	-3.000M	-57.80M
Cash From Financing Activities	-500.0K	89.90M
Net Change In Cash	11.10M	22.90M
YoY Change	-51.53%	-17.33%
FREE CASH FLOW
Cash From Operating Activities	$14.60M	-$9.200M
Capital Expenditures	-$3.400M	-$4.100M
Free Cash Flow	$18.00M	-$5.100M
YoY Change	-452.94%	-117.47%

Facts In Submission

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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000874238
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27063932	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	STERLING CONSTRUCTION CO INC
	dei	Trading Symbol TradingSymbol	strl
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	strl	Income Before Income Taxes And Earnings Attributable To Noncontrolling Interests IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests	2802000	USD
CY2018Q2	strl	Income Before Income Taxes And Earnings Attributable To Noncontrolling Interests IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests	9240000	USD
	strl	Income Before Income Taxes And Earnings Attributable To Noncontrolling Interests IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests	12959000	USD
	strl	Increase Decrease In Members Interest Subject To Mandatory Redemption And Undistributed Earnings IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings	1116000	USD
	strl	Increase Decrease In Members Interest Subject To Mandatory Redemption And Undistributed Earnings IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings	451000	USD
	strl	Increase Decrease In Receivables From And Equity In Construction Joint Ventures IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures	333000	USD
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	strl	Interest Expense And Accreted Interest InterestExpenseAndAccretedInterest	3096000	USD
CY2018Q2	strl	Interest Expense And Accreted Interest InterestExpenseAndAccretedInterest	3111000	USD
	strl	Interest Expense And Accreted Interest InterestExpenseAndAccretedInterest	6199000	USD
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	strl	Noncash Or Part Noncash Acquisition Notes Payable And Deferred Payments Incurred NoncashOrPartNoncashAcquisitionNotesPayableAndDeferredPaymentsIncurred	0	USD
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CY2017Q2	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	1928000	USD
CY2017Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	4856000	USD
CY2018Q2	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	7014000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	88572000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3888000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-58963000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3956000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-12336000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-9524000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1272000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2158000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3662000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1405000	USD
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8176000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	55000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	10663000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	70000	USD
CY2017Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	9348000	USD
CY2018Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	7063000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	USD
CY2017Q2	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable	901000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable	1272000	USD
CY2018Q2	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable	966000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable	2158000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
	us-gaap	Number Of Reporting Units NumberOfReportingUnits	2	reporting_unit
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	8356000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	6568000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	12150000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	18828000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	7529000	USD
CY2018Q2	us-gaap	Other Assets Current OtherAssetsCurrent	9066000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	317000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	227000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1271000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1246000	USD
CY2017Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-4037000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-4508000	USD
CY2018Q2	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-5693000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-6509000	USD
CY2017	us-gaap	Other Significant Noncash Transaction Value Of Consideration Given1 OtherSignificantNoncashTransactionValueOfConsiderationGiven1	3500000	USD
	us-gaap	Other Significant Noncash Transaction Value Of Consideration Given1 OtherSignificantNoncashTransactionValueOfConsiderationGiven1	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5870000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5263000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	85000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-119000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	1456000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	-3953000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	-665000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1907000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1307000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	4563000	USD
	us-gaap	Profit Loss ProfitLoss	2677000	USD
CY2018Q2	us-gaap	Profit Loss ProfitLoss	9142000	USD
	us-gaap	Profit Loss ProfitLoss	12821000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	153015000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	154600000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	54406000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	51726000	USD
CY2017Q4	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	133931000	USD
CY2018Q2	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	164465000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	0	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	4679000	USD
CY2018Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3600000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-90121000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-79458000	USD
CY2017Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	246412000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	399828000	USD
CY2018Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	268734000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	491226000	USD
CY2018Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	884611000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1977000	USD
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	281000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27336000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26409000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27125000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27162000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26978000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25972000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26887000	shares
	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	1383000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	141333000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	153078000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	146189000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	160092000	USD
CY2017Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	358000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	437000	shares
CY2018Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	238000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26881000	shares
	us-gaap	Revenue Recognition Percentage Of Completion Method RevenueRecognitionPercentageOfCompletionMethod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Heavy Civil Construction</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company engages in various types of heavy civil construction projects principally for public (government) owners. Revenues are recognized as performance obligations are satisfied over time (also known as percentage-of-completion method), measured by the ratio of costs incurred up to a given date to estimated total costs for each contract. This cost to cost measure is used because management considers it to be the best available measure of progress on these contracts. Contract costs include all direct material, labor, subcontract and other costs and those indirect costs determined to relate to contract performance, such as indirect salaries and wages, equipment repairs and depreciation, insurance and payroll taxes. Administrative and general expenses are charged to expense as incurred. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, estimated profitability and associated change orders and claims, including those changes arising from contract penalty provisions and final contract settlements, may result in revisions to costs and income and are recognized in the period in which the revisions are determined.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Residential Construction</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Residential construction revenue and related profit are recognized when construction on the concrete foundation unit is completed (i.e., at a point in time). The time from starting construction to finishing is typically less than one month.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:2px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the accompanying condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Certain of the Company’s accounting policies require higher degrees of judgment than others in their application. These include the recognition of revenue and earnings from construction contracts over time, the valuation of long-term assets, income taxes, and purchase accounting, including intangibles and goodwill. Management continually evaluates all of its estimates and judgments based on available information and experience; however, actual results could differ from these estimates. </font></div></div>

Files In Submission

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0000874238-18-000075-index.html	Edgar Link	pending
0000874238-18-000075.txt	Edgar Link	pending
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report.css	Edgar Link	pending
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strl-20180630.xml	Edgar Link	completed
strl-20180630.xsd	Edgar Link	pending
strl-20180630_cal.xml	Edgar Link	unprocessable
strl-20180630_def.xml	Edgar Link	unprocessable
strl-20180630_lab.xml	Edgar Link	unprocessable
strl-20180630_pre.xml	Edgar Link	unprocessable
strl_063018x10qdocument.htm	Edgar Link	pending
strl_063018xexhibit311.htm	Edgar Link	pending
strl_063018xexhibit312.htm	Edgar Link	pending
strl_063018xexhibit321.htm	Edgar Link	pending

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STERLING INFRASTRUCTURE, INC. Stock $strl

2018 Q2 Form 10-Q Financial Statement

#000087423818000075 Filed on August 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STRL STERLING INFRASTRUCTURE, INC. Stock $strl

2018 Q2 Form 10-Q Financial Statement

#000087423818000075 Filed on August 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STRL
STERLING INFRASTRUCTURE, INC. Stock $strl