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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue        
Construction $ 245,113 $ 260,600 $ 363,059 $ 353,292
Large project construction 228,799 162,338 392,727 300,158
Sales Revenue, Goods, Net 63,349 58,114 88,972 81,912
Sales of Real Estate 2,354 3,622 5,017 6,043
Total revenue 539,615 484,674 849,775 741,405
Cost of revenue        
Construction 227,152 237,211 336,518 324,350
Large project construction 200,560 149,680 342,239 256,202
Construction materials 58,349 49,644 89,922 80,712
Real estate 1,638 3,183 4,244 5,197
Total cost of revenue 487,699 439,718 772,923 666,461
Gross profit 51,916 44,956 76,852 74,944
Selling, general and administrative expenses 40,806 38,793 83,994 82,165
Gain on sales of property and equipment 2,954 3,270 4,871 5,974
Operating income (loss) 14,064 9,433 (2,271) (1,247)
Other income (expense)        
Interest income 611 575 1,655 1,819
Interest expense (2,827) (879) (6,009) (4,235)
Equity in loss of affiliates (484) (181) (1,101) (438)
Other income, net (5,018) (688) 1,853 (118)
Total other expense (7,718) (1,173) (3,602) (2,972)
Income (loss) before provision for (benefit from) income taxes 6,346 8,260 (5,873) (4,219)
Provision for (benefit from) income taxes 1,859 2,087 (1,673) (3,136)
Net income (loss) 4,487 6,173 (4,200) (1,083)
Amount attributable to noncontrolling interests (2,538) (1,227) (5,624) (2,978)
Net income (loss) attributable to Granite Construction Incorporated $ 1,949 $ 4,946 $ (9,824) $ (4,061)
Net income (loss) per share attributable to common shareholders (see Note 13)        
Basic $ 0.05 $ 0.13 $ (0.26) $ (0.11)
Diluted $ 0.05 $ 0.13 $ (0.26) $ (0.11)
Weighted average shares of common stock        
Basic 38,471 38,140 38,368 38,052
Diluted 39,151 38,479 38,368 38,052
Dividends per common share $ 0.13 $ 0.13 $ 0.26 $ 0.26