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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue        
Construction $ 305,605 $ 269,220 $ 494,125 $ 426,261
Large Project Construction 182,893 244,328 373,198 431,663
Construction Materials 80,744 72,322 122,168 107,793
Total revenue 569,242 585,870 989,491 965,717
Cost of revenue        
Construction 265,543 244,393 432,388 392,289
Large Project Construction 168,120 193,536 340,654 365,080
Construction Materials 69,811 65,526 110,572 104,526
Total cost of revenue 503,474 503,455 883,614 861,895
Gross profit 65,768 82,415 105,877 103,822
Selling, general and administrative expenses 49,094 51,098 101,297 100,346
Gain on sales of property and equipment (475) (2,993) (1,286) (3,886)
Operating income 17,149 34,310 5,866 7,362
Other (income) expense        
Interest income (528) (413) (970) (893)
Interest expense 3,985 4,339 7,481 7,937
Equity in income of affiliates (670) (410) (607) (1,202)
Other income, net (152) (1,697) (1,436) (1,645)
Total other expense 2,635 1,819 4,468 4,197
Income before provision for income taxes 14,514 32,491 1,398 3,165
Provision for income taxes 4,975 10,284 469 2,220
Net income 9,539 22,207 929 945
Amount attributable to non-controlling interests 74 (8,566) 124 (7,858)
Net income (loss) attributable to Granite Construction Incorporated $ 9,613 $ 13,641 $ 1,053 $ (6,913)
Net income (loss) per share attributable to common shareholders (see Note 12)        
Basic (in dollars per share) $ 0.24 $ 0.35 $ 0.03 $ (0.18)
Diluted (in dollars per share) $ 0.24 $ 0.34 $ 0.03 $ (0.18)
Weighted average shares of common stock        
Weighted average common shares outstanding, basic 39,358 39,115 39,287 39,033
Weighted average common shares outstanding, diluted 39,881 39,807 39,848 39,033
Dividends per common share (in US$ per share) $ 0.13 $ 0.13 $ 0.26 $ 0.26