Equity (Tables)

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Schedule of Stockholders 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
Purchases of common stock1	(3,366		)	—			(3,366		)
Other transactions with shareholders and employees2	6,816			—			6,816
Transactions with non-controlling interests, net	—			(1,808		)	(1,808		)
Net income	31,812			1,297			33,109
Dividends on common stock	(15,352		)	—			(15,352		)
Balance at September 30, 2015	$	814,295		$	22,210		$	836,505

Balance at December 31, 2013	$	781,940		$	4,404	$	786,344
Purchases of common stock3	(4,751		)	—		(4,751		)
Other transactions with shareholders and employees2	10,505			—		10,505
Transactions with non-controlling interests, net	—			15,174		15,174
Net income	8,370			6,681		15,051
Dividends on common stock	(15,260		)	—		(15,260		)
Balance at September 30, 2014	$	780,804		$	26,259	$	807,063

¹Represents 103,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our Amended and Restated 1999 Equity Incentive Plan.

²Amounts are comprised primarily of amortized restricted stock units.

³Represents 123,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our Amended and Restated 1999 Equity Incentive Plan.