STERLING INFRASTRUCTURE INC

For the period ended Mar 31, 2024. Filed May 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 7, 2024

STRL$290.67+15.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Statements of Changes in Stockholders’ Equity

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(In thousands)

	Three Months Ended March 31, 2024
Common Stock · Additional Paid in Capital · Retained Earnings · Total Sterling Stockholders’ Equity · Noncontrolling Interests · Total Stockholders’ Equity
Shares · Amount
Balance at December 31, 2023	30,926	$309	$293,570	$325,034	$618,913	$4,940	$623,853
Net income	—	—	—	31,048	31,048	2,711	33,759
Stock-based compensation	—	—	7,248	—	7,248	—	7,248
Issuance of stock	358	2	370	—	372	—	372
Shares withheld for taxes	(124)	—	(13,015)	—	(13,015)	—	(13,015)
Balance at March 31, 2024	31,160	$311	$288,173	$356,082	$644,566	$7,651	$652,217

	Three Months Ended March 31, 2023
Common Stock · Additional Paid in Capital · Retained Earnings · Total Sterling Stockholders’ Equity · Noncontrolling Interests · Total Stockholders’ Equity
Shares · Amount
Balance at December 31, 2022	30,585	$306	$287,914	$186,379	$474,599	$3,200	$477,799
Net income	—	—	—	19,649	19,649	391	20,040
Stock-based compensation	—	—	4,486	—	4,486	—	4,486
Issuance of stock	316	2	216	—	218	—	218
Shares withheld for taxes	(111)	—	(4,288)	—	(4,288)	—	(4,288)
Balance at March 31, 2023	30,790	$308	$288,328	206,028	$494,664	$3,591	$498,255

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.