CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents ($73,115 and $46,210 related to consolidated construction joint ventures (“CCJVs”))	$ 189,326	$ 252,836
Short-term marketable securities	64,884	25,043
Receivables, net ($52,613 and $45,734 related to CCJVs)	419,345	340,822
Costs and estimated earnings in excess of billings ($5,046 and $826 related to CCJVs)	73,102	59,070
Inventories	55,245	55,553
Equity in construction joint ventures	247,182	224,689
Other current assets ($7,500 and $4,037 related to CCJVs)	39,908	26,985
Total current assets	1,088,992	984,998
Property and equipment, net ($20,500 and $5,378 related to CCJVs)	406,650	385,129
Long-term marketable securities	62,895	80,652
Investments in affiliates	35,668	33,182
Goodwill	53,799	53,799
Deferred income taxes, net	0	4,329
Other noncurrent assets	85,449	84,789
Total assets	1,733,453	1,626,878
Current liabilities
Current maturities of long-term debt	14,796	14,800
Accounts payable ($26,419 and $11,909 related to CCJVs)	199,029	157,571
Billings in excess of costs and estimated earnings ($33,704 and $15,768 related to CCJVs)	97,522	92,515
Accrued expenses and other current liabilities ($1,544 and $1,171 related to CCJVs)	218,587	200,935
Total current liabilities	529,934	465,821
Long-term debt	229,498	244,323
Deferred income taxes, net	5,441	0
Other long-term liabilities	45,989	46,613
Commitments and contingencies
Equity
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding	0	0
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding 39,621,140 shares as of December 31, 2016 and 39,412,877 shares as of December 31, 2015	396	394
Additional paid-in capital	150,337	140,912
Accumulated other comprehensive loss	(371)	(1,500)
Retained earnings	735,626	699,431
Total Granite Construction Incorporated shareholders’ equity	885,988	839,237
Non-controlling interests	36,603	30,884
Total equity	922,591	870,121
Total liabilities and equity	$ 1,733,453	$ 1,626,878