2022 Q4 Form 10-Q Financial Statement

#000087423822000089 Filed on November 01, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $291.6M $556.9M
YoY Change -27.34% 20.17%
Cost Of Revenue $223.6M $474.9M
YoY Change -35.32% 17.08%
Gross Profit $68.97M $82.02M
YoY Change 23.87% 41.9%
Gross Profit Margin 23.65% 14.73%
Selling, General & Admin $13.52M $26.47M
YoY Change -47.89% 34.78%
% of Gross Profit 19.6% 32.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.52M $9.629M
YoY Change 52.46% 67.08%
% of Gross Profit 19.6% 11.74%
Operating Expenses $25.13M $34.06M
YoY Change -21.5% 32.15%
Operating Profit $37.04M $47.69M
YoY Change 56.58% 48.87%
Interest Expense -$5.712M -$4.967M
YoY Change 55.43% 27.16%
% of Operating Profit -15.42% -10.42%
Other Income/Expense, Net
YoY Change
Pretax Income $34.69M $42.72M
YoY Change 115.35% 46.84%
Income Tax $12.28M $12.56M
% Of Pretax Income 35.4% 29.41%
Net Earnings $31.73M $30.16M
YoY Change 190.84% 38.61%
Net Earnings / Revenue 10.88% 5.41%
Basic Earnings Per Share $0.98
Diluted Earnings Per Share $1.01 $0.97
COMMON SHARES
Basic Shares Outstanding 30.33M shares 30.30M shares
Diluted Shares Outstanding 30.54M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.5M $146.5M
YoY Change 121.83% 24.45%
Cash & Equivalents $181.5M $146.5M
Short-Term Investments
Other Short-Term Assets $29.14M $23.55M
YoY Change 42.2% 4.74%
Inventory
Prepaid Expenses
Receivables $372.4M $483.2M
Other Receivables $14.12M $16.32M
Total Short-Term Assets $597.3M $669.6M
YoY Change 37.4% 43.68%
LONG-TERM ASSETS
Property, Plant & Equipment $274.9M $283.0M
YoY Change 20.13% 70.59%
Goodwill $262.7M $252.9M
YoY Change 1.12% 31.7%
Intangibles $299.1M $293.5M
YoY Change -1.35% 24.23%
Long-Term Investments
YoY Change
Other Assets $7.654M $4.325M
YoY Change 71.81% 6.06%
Total Long-Term Assets $844.4M $833.8M
YoY Change 6.04% 39.36%
TOTAL ASSETS
Total Short-Term Assets $597.3M $669.6M
Total Long-Term Assets $844.4M $833.8M
Total Assets $1.442B $1.503B
YoY Change 17.11% 41.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $121.9M $192.9M
YoY Change -15.93% 35.14%
Accrued Expenses $43.85M $54.87M
YoY Change 38.58% 27.26%
Deferred Revenue $239.3M $224.7M
YoY Change 87.05% 59.12%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $32.61M $29.71M
YoY Change 15.52% 39.86%
Total Short-Term Liabilities $446.6M $512.3M
YoY Change 26.96% 43.21%
LONG-TERM LIABILITIES
Long-Term Debt $398.7M $407.1M
YoY Change -6.97% 35.73%
Other Long-Term Liabilities $5.116M $4.754M
YoY Change 6.16% -48.43%
Total Long-Term Liabilities $403.9M $411.8M
YoY Change -6.82% 33.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $446.6M $512.3M
Total Long-Term Liabilities $403.9M $411.8M
Total Liabilities $963.8M $1.063B
YoY Change 10.69% 43.47%
SHAREHOLDERS EQUITY
Retained Earnings $186.4M $154.7M
YoY Change 133.21% 124.1%
Common Stock $306.0K $303.0K
YoY Change 2.68% 5.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $474.6M $437.1M
YoY Change
Total Liabilities & Shareholders Equity $1.442B $1.503B
YoY Change 17.11% 41.25%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $31.73M $30.16M
YoY Change 190.84% 38.61%
Depreciation, Depletion And Amortization $13.52M $9.629M
YoY Change 52.46% 67.08%
Cash From Operating Activities $88.47M $96.06M
YoY Change 458.09% 117.08%
INVESTING ACTIVITIES
Capital Expenditures $13.08M -$18.89M
YoY Change -278.26% 10.03%
Acquisitions
YoY Change
Other Investing Activities -$28.86M $2.092M
YoY Change -83.87% 49.11%
Cash From Investing Activities -$41.93M -$16.80M
YoY Change -77.48% 6.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.18M -5.842M
YoY Change -111.27% 42.04%
NET CHANGE
Cash From Operating Activities 88.47M 96.06M
Cash From Investing Activities -41.93M -16.80M
Cash From Financing Activities -15.18M -5.842M
Net Change In Cash 31.36M 73.42M
YoY Change -187.78% 201.21%
FREE CASH FLOW
Cash From Operating Activities $88.47M $96.06M
Capital Expenditures $13.08M -$18.89M
Free Cash Flow $75.39M $114.9M
YoY Change 225.13% 87.16%

Facts In Submission

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us-gaap Repayments Of Long Term Debt
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439887000 usd
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268729000 usd
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275693000 usd
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20217000 usd
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728000 usd
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21757000 usd
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718000 usd
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323093000 usd
us-gaap Nature Of Operations
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<div style="margin-bottom:4pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:88.157%"><tr><td style="width:1.0%"/><td style="width:2.050%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:79.165%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.485%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NATURE OF OPERATIONS</span></td><td colspan="3" style="padding:0 1pt"/></tr></table></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Business Summary</span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Sterling Infrastructure, Inc. (“Sterling,” “the Company,” “we,” “our” or “us”), a Delaware corporation, operates through a variety of subsidiaries within three segments specializing in E-Infrastructure, Transportation and Building Solutions in the United States (the “U.S.”), primarily across the Southern, Northeastern, Mid-Atlantic and the Rocky Mountain States, California and Hawaii, as well as other areas with strategic construction opportunities. E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy and more. Transportation Solutions includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater and storm drainage systems. Building Solutions projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs and other concrete work. From strategy to operations, we are committed to sustainability by operating responsibly to safeguard and improve society’s quality of life. Caring for our people and our communities, our customers and our investors – that is The Sterling Way.</span></div>
us-gaap Number Of Reportable Segments
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Estimates and Judgments—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying Condensed Consolidated Financial Statements in conformance with GAAP requires management to make estimates and judgments 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 accounting estimates of the Company require a higher degree of judgment than others in their application. These include the recognition of revenue and earnings from construction contracts over time, the valuation of long-lived assets, goodwill and purchase accounting estimates. Management continually evaluates all of its estimates and judgments based on available information and experience; however, actual results could differ from these estimates.</span>
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CY2022Q3 strl Consolidated Entities Ownership Percentage
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
237000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
718000 usd
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
3032000 usd
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2341000 usd
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LesseeLeaseTerminationPeriod
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CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
5955000 usd
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OperatingLeaseCost
1672000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
14100000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4694000 usd
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ShortTermLeaseCost
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ShortTermLeaseCost
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ShortTermLeaseCost
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ShortTermLeaseCost
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CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
35000 usd
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FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
112000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
151000 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3000 usd
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FinanceLeaseInterestExpense
5000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
10000 usd
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FinanceLeaseInterestExpense
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LeaseCost
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CY2021Q3 us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
LeaseCost
122000 usd
us-gaap Lease Cost
LeaseCost
167000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
14059000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4627000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10000 usd
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FinanceLeaseInterestPaymentOnLiability
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FinanceLeasePrincipalPayments
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FinanceLeasePrincipalPayments
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OperatingLeaseRightOfUseAsset
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OperatingLeaseRightOfUseAsset
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CY2022Q3 us-gaap Operating Lease Liability Current
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OperatingLeaseLiabilityCurrent
8841000 usd
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OperatingLeaseLiabilityNoncurrent
43121000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15831000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24672000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
1479000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
1022000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
907000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
457000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
572000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
146000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
148000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
114000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
224000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
260000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
372000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
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OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
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P1Y9M18D
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FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
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OperatingLeaseWeightedAverageDiscountRatePercent
0.054
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OperatingLeaseWeightedAverageDiscountRatePercent
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FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6190000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
68516000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
270000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4409000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
39000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18327000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
154000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16174000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
77000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12979000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7838000 usd
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FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2599000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7977000 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
10000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
260000 usd
CY2022Q3 strl Consolidated Entities Ownership Percentage
ConsolidatedEntitiesOwnershipPercentage
0.50
CY2021Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
485000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
4143000 usd
CY2022Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2092000 usd
CY2021Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1216000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4452000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2862000 usd
CY2022Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10470000 usd
CY2021Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6120000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
24975000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
17413000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12562000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7336000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29427000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20275000 usd
CY2022Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
1345000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
2167000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.294
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28927000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
330000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
748000 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2436000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7065000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1840000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5690000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30540000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29213000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30364000 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.48
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29523000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21126000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
74736000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51737000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30278000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28710000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30156000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28527000 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
262000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
503000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
208000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.81
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.79
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-26451000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-26694000 usd
strl Increase Decrease In Receivables From And Equity In Construction Joint Ventures
IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures
-580000 usd
strl Increase Decrease In Receivables From And Equity In Construction Joint Ventures
IncreaseDecreaseInReceivablesFromAndEquityInConstructionJointVentures
5003000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1488000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6630000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
47411000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
47423000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
11087000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
12916000 usd
strl Increase Decrease In Members Interest Subject To Mandatory Redemption And Undistributed Earnings
IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings
-1681000 usd
strl Increase Decrease In Members Interest Subject To Mandatory Redemption And Undistributed Earnings
IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings
1013000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
15087000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-35154000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
277000 usd
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
762000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
47686000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
32031000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
117045000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
87506000 usd

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