XML 44 R31.htm IDEA: XBRL DOCUMENT v3.4.0.3
Equity (Tables)
 3 Months Ended
Mar. 31, 2016
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, 2015
 
$
839,237

 
$
30,884

 
$
870,121

Purchases of common stock1
 
(4,459
)
 
—

 
(4,459
)
Other transactions with shareholders and employees2
 
6,639

 
—

 
6,639

Transactions with non-controlling interests, net
 
2,441

 
(3,345
)
 
(904
)
Net (loss) income
 
(11,188
)
 
678

 
(10,510
)
Dividends on common stock
 
(5,143
)
 
—

 
(5,143
)
Balance at March 31, 2016
 
$
827,527

 
$
28,217

 
$
855,744

 
 
 
 
 
 
 
 
Balance at December 31, 2014
 
$
794,385

 
$
22,721

 
$
817,106

Purchases of common stock3
 
(3,191
)
 
—

 
(3,191
)
Other transactions with shareholders and employees2
 
2,767

 
—

 
2,767

Transactions with non-controlling interests, net
 
—

 
(260
)
 
(260
)
Net loss
 
(8,560
)
 
(50
)
 
(8,610
)
Dividends on common stock
 
(5,115
)
 
—

 
(5,115
)
Balance at March 31, 2015
 
$
780,286

 
$
22,411

 
$
802,697

1Represents 101,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our 2012 Equity Incentive Plan.
2Amounts are comprised primarily of amortized restricted stock units.
3Represents 98,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our 2012 Equity Incentive Plan.