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Equity and Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2012
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, 2011
 
$
799,197

 
$
28,466

 
$
827,663

Purchase of common stock1
 
(3,837
)
 
—

 
(3,837
)
Other transactions with shareholders3
 
2,714

 
—

 
2,714

Transactions with noncontrolling interests, net4
 
—

 
(66
)
 
(66
)
Net (loss) income
 
(11,773
)
 
3,086

 
(8,687
)
Dividends on common stock
 
(5,021
)
 
—

 
(5,021
)
Balance at March 31, 2012
 
$
781,280

 
$
31,486

 
$
812,766

 
(in thousands)
 
 
 
 
 
 
Balance at December 31, 2010
 
$
761,031

 
$
34,604

 
$
795,635

Purchase of common stock2
 
(3,515
)
 
—

 
(3,515
)
Other transactions with shareholders3
 
1,802

 
—

 
1,802

Transactions with noncontrolling interests, net4
 
—

 
(2,062
)
 
(2,062
)
Net (loss) income
 
(9,007
)
 
1,751

 
(7,256
)
Dividends on common stock
 
(5,023
)
 
—

 
(5,023
)
Balance at March 31, 2011
 
$
745,288

 
$
34,293

 
$
779,581

1Represents 122,000 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.
2Represents 124,000 shares purchased in connection with employee tax withholding for shares granted under our Amended and Restated 1999 Equity Incentive Plan.
3Amounts are comprised primarily of amortized restricted stock and units.
4Amounts are comprised primarily of distributions to noncontrolling partner