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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 3,142 $ 16,371
Short-term investments 49,211 44,855
Contracts receivable, including retainage 70,815 74,875
Costs and estimated earnings in excess of billings on uncompleted contracts 20,592 16,509
Inventories 3,731 1,922
Deferred tax asset, net 1,803 1,302
Receivables from and equity in construction joint ventures 11,005 6,057
Other current assets 4,459 2,132
Total current assets 164,758 164,023
Property and equipment, net 102,308 83,429
Goodwill 54,820 54,050
Long-term deferred tax, asset, net 2,973 828
Other assets, net 6,651 1,501
Total assets 331,510 303,831
Current liabilities:    
Accounts payable 47,796 34,428
Billings in excess of costs and estimated earnings on uncompleted contracts 18,918 18,583
Current maturities of long-term debt 73 573
Income taxes payable   2,013
Accrued compensation 4,909 5,329
Current obligation for noncontrolling owners’ interest in subsidiaries and joint ventures 2,887  
Other current liabilities 2,691 8,359
Total current liabilities 77,274 69,285
Long-term liabilities:    
Long-term debt, net of current maturities 24,201 263
Other long-term liabilities 2,728 2,597
Total long-term liabilities 26,929 2,860
Obligations for noncontrolling owners’ interests in subsidiaries and joint ventures 14,721 16,848
Sterling stockholders’ equity:    
Common stock, par value $0.01 per share; 19,000,000 shares authorized, 16,495,216 and 16,321,116 shares issued 165 163
Additional paid in capital 197,067 196,143
Retained earnings 12,220 16,509
Accumulated other comprehensive income 696 496
Total Sterling common stockholders’ equity 210,148 213,311
Noncontrolling interests 2,438 1,527
Total equity 212,586 214,838
Total liabilities and equity $ 331,510 $ 303,831