Summary of Liability Breakdown |
The liability consists of the following: | | | | | | | | | | | | | September 30, 2022 | | December 31, 2021 | Members’ interest subject to mandatory redemption | $ | 40,000 | | | $ | 40,000 | | Net accumulated earnings | 15,862 | | | 15,115 | | Total liability | $ | 55,862 | | | $ | 55,115 | |
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Summary of Financial Information |
Summary financial information on an unconsolidated basis for Myers is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2022 | | 2021 | | 2022 | | 2021 | Revenues | $ | 63,902 | | | $ | 50,338 | | | $ | 157,001 | | | $ | 121,432 | | Operating (loss) income | $ | (128) | | | $ | 808 | | | $ | (6,184) | | | $ | 2,273 | | Net (loss) income | $ | (126) | | | $ | 2,757 | | | $ | (1,261) | | | $ | 4,192 | |
Summary financial information for this construction joint venture is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2022 | | 2021 | | 2022 | | 2021 | Revenues | $ | 16,544 | | | $ | 19,846 | | | $ | 37,006 | | | $ | 37,412 | | Operating income | $ | 1,285 | | | $ | 1,290 | | | $ | 2,673 | | | $ | 4,430 | | Net income | $ | 1,294 | | | $ | 1,292 | | | $ | 2,688 | | | $ | 4,435 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2022 | | 2021 | | 2022 | | 2021 | Revenues | $ | 48,543 | | | $ | 69,116 | | | $ | 165,020 | | | $ | 181,022 | | Income before tax | $ | 4,292 | | | $ | 9,311 | | | $ | 18,636 | | | $ | 22,726 | | Sterling’s noncontrolling interest: | | | | | | | | Revenues | $ | 20,778 | | | $ | 30,326 | | | $ | 71,356 | | | $ | 79,264 | | Income before tax | $ | 1,760 | | | $ | 4,149 | | | $ | 7,775 | | | $ | 9,959 | |
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