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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
This information has been prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, contains all adjustments necessary for a fair statement thereof.
QUARTERLY FINANCIAL DATA
 

 

 

(unaudited - dollars in thousands, except per share data)
 

 

 

 

2012 Quarters Ended
December 31,
September 30,
June 30,
March 31,
Revenue
$
504,781

$
728,482

$
539,615

$
310,160

Gross profit
56,808

101,099

51,916

24,936

As a percent of revenue
11.3
%
13.9
%
9.6
%
8.0
 %
Net income (loss)1
$
18,374

$
45,746

$
4,487

$
(8,687
)
As a percent of revenue
3.6
%
6.3
%
0.8
%
-2.8
 %
Net income (loss) attributable to Granite
$
17,987

$
37,121

$
1,949

$
(11,773
)
As a percent of revenue
3.6
%
5.1
%
0.4
%
-3.8
 %
Net income (loss) per share attributable to
common shareholders:
 
 
 
 
Basic
$
0.46

$
0.96

$
0.05

$
(0.31
)
Diluted
$
0.46

$
0.94

$
0.05

$
(0.31
)
2011 Quarters Ended
December 31,
September 30,
June 30,
March 31,
Revenue
$
539,548

$
728,578

$
484,674

$
256,731

Gross profit
79,126

93,893

44,956

29,988

As a percent of revenue
14.7
%
12.9
%
9.3
%
11.7
 %
Net (loss) income 
$
24,792

$
42,376

$
6,173

$
(7,256
)
As a percent of revenue  
4.6
%
5.8
%
1.3
%
-2.8
 %
Net (loss) income attributable to Granite
$
18,754

$
36,468

$
4,946

$
(9,007
)
As a percent of revenue
3.5
%
5.0
%
1.0
%
-3.5
 %
Net (loss) income per share attributable to
common shareholders:
 
 
 
 
Basic
$
0.48

$
0.94

$
0.13

$
(0.24
)
Diluted
$
0.48

$
0.93

$
0.13

$
(0.24
)