XML 37 R77.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Earnings Per Share, Basic, Two Class Method [Abstract]                      
Net income (loss) attributable to Granite, Earnings per share, Basic $ (28,898) $ 13,038 [1] $ 1,419 [2] $ (21,982) $ 17,987 $ 37,121 $ 1,949 $ (11,773) $ (36,423) $ 45,283 $ 51,161
Less: net income allocated to participating securities                 0 283 738
Net income (loss) allocated to common shareholders for basic calculation                 (36,423) 45,000 50,423
Weighted average common stock outstanding, basic (in shares)                 38,803 38,447 38,117
Net income (loss) per share, basic (in dollars per share) $ (0.74) $ 0.34 [1] $ 0.04 [2] $ (0.57) $ 0.46 $ 0.96 $ 0.05 $ (0.31) $ (0.94) $ 1.17 $ 1.32
Earnings Per Share, Diluted, Two Class Method [Abstract]                      
Net income (loss) attributable to Grainte, Earnings per share, Diluted (28,898) 13,038 [1] 1,419 [2] (21,982) 17,987 37,121 1,949 (11,773) (36,423) 45,283 51,161
Less: net income allocated to participating securities                 0 279 732
Net income (loss) allocated to common shareholders for diluted calculation                 $ (36,423) $ 45,004 $ 50,429
Weighted average common shares outstanding, diluted (in shares)                 38,803 39,076 38,473
Net income (loss) per share, diluted (in dollars per share) $ (0.74) $ 0.34 [1] $ 0.04 [2] $ (0.57) $ 0.46 $ 0.94 $ 0.05 $ (0.31) $ (0.94) $ 1.15 $ 1.31
[1] Net income for the quarter ended September 30 is approximately $2.1 million ($3.0 million pre-tax) higher than the amount previously reported in our Quarterly Report Form 10-Q for the quarterly period ended September 30, 2013 of $4.5 million. The pre-tax adjustments were primarily related to (i) an over-accrual of pre-bid costs which affected selling, general and administrative expenses and accrued and other current liabilities in the amount of $1.4 million and (ii) a revision in equipment-related costs, which affected cost of revenue and property and equipment in the amount of $1.6 million.
[2] Net income for the quarter ended June 30 is approximately $1.4 million ($1.9 million pre-tax) lower than the amounts previously reported in our Form 10-Q for the quarter period ended June 30, 2013 of $3.2 million. The pre-tax adjustments were primarily related to equipment-related costs of $1.7 million.