| Schedule of Components of Agreement Obligation |
The liability consists of the following: | | | | | | | | | | | | | | As of December 31, | | | 2020 | | 2019 | | Members’ interest subject to mandatory redemption | $ | 40,000 | | | $ | 40,000 | | | Net accumulated earnings | 11,290 | | | 9,003 | | | Total liability | $ | 51,290 | | | $ | 49,003 | |
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| Condensed Income Statement |
Summary financial information for Myers is as follows: | | | | | | | | | | | | | | | | | | | Years Ended December 31, | | 2020 | | 2019 | | 2018 | | Revenues | $ | 200,674 | | | $ | 205,615 | | | $ | 193,677 | | | Operating income | $ | 4,796 | | | $ | 6,372 | | | $ | 8,819 | | | Net income | $ | 2,382 | | | $ | 3,196 | | | $ | 4,415 | |
Summary financial information for this construction joint venture is as follows: | | | | | | | | | | | | | Years Ended December 31, | | 2020 | | 2019 | | Revenues | $ | 15,800 | | | $ | 6,903 | | | Operating income | $ | 1,271 | | | $ | 467 | | | Net income | $ | 1,278 | | | $ | 471 | |
| | | | | | | | | | | | | | | | | | | Years Ended December 31, | | 2020 | | 2019 | | 2018 | | | | | | | | Revenues | $ | 198,497 | | | $ | 158,291 | | | $ | 115,441 | | | Income before tax | $ | 22,517 | | | $ | 20,449 | | | $ | 8,097 | | | Sterling’s noncontrolling interest: | | | | | | | Revenues | $ | 88,825 | | | $ | 76,419 | | | $ | 55,134 | | | Income before tax | $ | 10,061 | | | $ | 8,170 | | | $ | 4,104 | |
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