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Equity and Other Comprehensive (Loss) Income (Tables)
6 Months Ended
Jun. 30, 2011
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
The following tables summarize our equity activity for the periods presented:
(in thousands)
 
Granite Construction Incorporated
 
Noncontrolling Interests
 
Total Equity
Balance at December 31, 2010
 
$
761,031


 
$
34,604


 
$
795,635


Purchase of common stock1
 
(3,662
)
 


 
(3,662
)
Other transactions with shareholders3
 
4,644


 


 
4,644


Transactions with noncontrolling interests, net4
 


 
(11,616
)
 
(11,616
)
Comprehensive (loss) income:
 
 


 
 


 
 


Net (loss) income
 
(4,061
)
 
2,978


 
(1,083
)
Total comprehensive (loss) income
 
(4,061
)
 
2,978


 
(1,083
)
Dividends on common stock
 
(10,050
)
 


 
(10,050
)
Balance at June 30, 2011
 
$
747,902


 
$
25,966


 
$
773,868


 
(in thousands)
 
 
 
 
 
 
Balance at December 31, 2009
 
$
830,651


 
$
51,905


 
$
882,556


Purchase of common stock2
 
(3,434
)
 


 
(3,434
)
Other transactions with shareholders3
 
6,918


 


 
6,918


Transactions with noncontrolling interests, net4
 


 
(19,399
)
 
(19,399
)
Comprehensive (loss) income:
 
 


 
 


 
 


Net (loss) income
 
(47,645
)
 
7,282


 
(40,363
)
Total comprehensive (loss) income
 
(47,645
)
 
7,282


 
(40,363
)
Dividends on common stock
 
(10,087
)
 


 
(10,087
)
Balance at June 30, 2010
 
$
776,403


 
$
39,788


 
$
816,191


1Represents 129,415 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.
2Represents 120,687 shares purchased in connection with employee tax withholding for shares granted under our Amended and Restated 1999 Equity Incentive Plan.
3Amount is comprised primarily of amortized restricted stock and units.
4Amount is comprised primarily of distributions to noncontrolling partner