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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue      
Construction $ 1,043,614 $ 943,245 $ 1,151,743
Large project construction 725,043 584,406 603,517
Construction materials 220,583 222,058 205,945
Real estate 20,291 13,256 2,274
Total revenue 2,009,531 1,762,965 1,963,479
Cost of revenue      
Construction 919,108 847,536 942,256
Large project construction 620,935 517,099 483,417
Construction materials 203,942 210,040 184,705
Real estate 17,583 10,506 3,592
Total cost of revenue 1,761,568 1,585,181 1,613,970
Gross profit 247,963 177,784 349,509
Selling expenses 42,408 53,276 58,681
General and administrative expenses 119,894 138,317 169,365
Restructuring charges 2,181 109,279 9,453
Gain on sales of property and equipment 15,789 13,748 17,169
Operating income (loss) 99,269 (109,340) 129,179
Other (expense) income      
Interest income 2,878 4,980 5,049
Interest expense (10,362) (9,740) (15,756)
Equity in income of affiliates 2,193 756 7,696
Other (expense) income, net (4,545) 6,968 12,683
Total other (expense) income (9,836) 2,964 9,672
Income (loss) before provision for (benefit from) income taxes 89,433 (106,376) 138,851
Provision for (benefit from) income taxes 23,348 (43,928) 38,650
Net income (loss) 66,085 (62,448) 100,201
Amount attributable to noncontrolling interests (14,924) 3,465 (26,701)
Net income (loss) attributable to Granite Construction Incorporated $ 51,161 $ (58,983) $ 73,500
Net income (loss) per share attributable to common shareholders (see Note 16)      
Basic (in dollars per share) $ 1.32 $ (1.56) $ 1.91
Diluted (in dollars per share) $ 1.31 $ (1.56) $ 1.90
Weighted average shares of common stock      
Weighted average common stock outstanding, basic (in shares) 38,117 37,820 37,566
Weighted average common stock outstanding, diluted (in shares) 38,473 37,820 37,683
Dividends per common share (in dollars per share) $ 0.52 $ 0.52 $ 0.52