The following table reconciles the numerators and denominators of the basic and diluted earnings per share computations for the three and six months ended June 30, 2026 and 2025:


(In thousands, except per share data)	Three Months Ended June 30,				Six Months Ended June 30,
Numerator:	2026		2025		2026		2025
Net income attributable to Sterling common stockholders	$	155,826	$	70,991	$	251,795	$	110,468

Denominator:
Weighted average common shares outstanding — basic	30,689		30,408		30,670		30,477
Shares for dilutive unvested stock	454		354		440		327
Weighted average common shares outstanding — diluted	31,143		30,762		31,110		30,804

Net income per share attributable to Sterling common stockholders:
Basic	$	5.08	$	2.33	$	8.21	$	3.62
Diluted	$	5.00	$	2.31	$	8.09	$	3.59

There were 20 thousand and 11 thousand 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 six months ended June 30, 2026, respectively. There were 10 thousand and 20 thousand 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 six months ended June 30, 2025, respectively.