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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
We expect to finalize these amounts within 12 months from the acquisition date and do not expect any adjustments to be material.
Cash and cash equivalents
 
$
53,185

 
Receivables
 
88,725

 
Costs and estimated earnings in excess of billings
 
444

 
Inventories
 
731

 
Equity in construction joint ventures
 
7,222

 
Other current assets
 
6,039

 
Property and equipment, net
 
51,126

 
Identifiable intangible assets:
 
 
 
       Acquired backlog
 
8,400

 
Customer relationships
 
2,500

 
       Trade name
 
4,100

 
          Total amount allocated to identifiable intangible assets
 
15,000

 
Accounts payable
 
44,753

 
Billings in excess of costs and estimated earnings
 
50,098

 
Accrued expenses and other current liabilities
 
16,806

 
Noncontrolling interests
 
14,788

 
          Total identifiable net assets acquired
 
96,027

 
Goodwill
 
45,519

 
Total purchase price
 
$
141,546

 
Business Acquisition, Pro Forma Information
The pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of 2011.
Years Ended December 31,
2012
2011
Revenue
$
2,388,790

$
2,289,043

Net income including noncontrolling interests
82,914

$
78,344

Net income attributable to Granite
58,225

$
55,993

Basic net income per share
1.50

$
1.46

Diluted net income per share
1.48

$
1.45