XML 25 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity (Tables)
9 Months Ended
Sep. 30, 2013
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, 2012
 
$
829,953

 
$
41,905

 
$
871,858

Purchase of common stock1
 
(5,457
)
 

 
(5,457
)
Other transactions with shareholders3
 
11,430

 

 
11,430

Transactions with noncontrolling interests, net4
 

 
(21,654
)
 
(21,654
)
Net loss
 
(8,267
)
 
(3,938
)
 
(12,205
)
Dividends on common stock
 
(15,150
)
 

 
(15,150
)
Balance at September 30, 2013
 
$
812,509

 
$
16,313

 
$
828,822

 
(in thousands)
 
 
 
 
 
 
Balance at December 31, 2011
 
$
799,197

 
$
28,466

 
$
827,663

Purchase of common stock2
 
(4,521
)
 

 
(4,521
)
Other transactions with shareholders3
 
7,690

 

 
7,690

Transactions with noncontrolling interests, net4
 

 
(8,022
)
 
(8,022
)
Net income
 
27,297

 
14,249

 
41,546

Dividends on common stock
 
(15,082
)
 

 
(15,082
)
Balance at September 30, 2012
 
$
814,581

 
$
34,693

 
$
849,274

1Represents 181,000 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.
2Represents 154,000 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.
3Amounts are comprised primarily of amortized restricted stock and units.
4Amounts are primarily distributions to noncontrolling partners, net of contributions.