Equity

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Equity

Equity

The following tables summarize our equity activity for the periods presented (in thousands):

	Granite Construction Incorporated			Non-controlling Interests			Total Equity
Balance at December 31, 2014	$	794,385		$	22,721		$	817,106
Purchase of common stock1	(3,332		)	—			(3,332		)
Other transactions with shareholders and employees2	5,092			—			5,092
Transactions with non-controlling interests, net	—			(1,282		)	(1,282		)
Net income (loss)	1,053			(124		)	929
Dividends on common stock	(10,233		)	—			(10,233		)
Balance at June 30, 2015	$	786,965		$	21,315		$	808,280

Balance at December 31, 2013	$	781,940		$	4,404	$	786,344
Purchase of common stock3	(4,369		)	—		(4,369		)
Other transactions with shareholders and employees2	7,989			—		7,989
Transactions with non-controlling interests, net	—			12,804		12,804
Net (loss) income	(6,913		)	7,858		945
Dividends on common stock	(10,170		)	—		(10,170		)
Balance at June 30, 2014	$	768,477		$	25,066	$	793,543

¹Represents 102,000 shares purchased in connection with employee tax withholding for units vested under our Amended and Restated 1999 Equity Incentive Plan.

²Amounts are comprised primarily of amortized restricted stock units.

³Represents 113,000 shares purchased in connection with employee tax withholding for units vested under our Amended and Restated 1999 Equity Incentive Plan.