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


(In thousands, except per share data)	Three Months Ended September 30,				Nine Months Ended September 30,
Numerator:	2026		2025		2026		2025
Net income attributable to Sterling common stockholders	$	214,933	$	92,088	$	466,728	$	202,556

Denominator:
Weighted average common shares outstanding — basic	30,609		30,519		30,650		30,491
Shares for dilutive unvested stock	462		441		452		384
Weighted average common shares outstanding — diluted	31,071		30,960		31,102		30,875

Net income per share attributable to Sterling common stockholders:
Basic	$	7.02	$	3.02	$	15.23	$	6.64
Diluted	$	6.92	$	2.97	$	15.01	$	6.56

There were two 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 nine months ended September 30, 2026, respectively. There were two thousand and four 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 nine months ended September 30, 2025, respectively.