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Equity (Tables)
 6 Months Ended
Jun. 30, 2017
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, 2016
 
$
885,988

 
$
36,603

 
$
922,591

Purchases of common stock1
 
(6,568
)
 
—

 
(6,568
)
Other transactions with shareholders and employees2
 
11,987

 
—

 
11,987

Net (loss) income
 
(9,657
)
 
2,078

 
(7,579
)
Dividends on common stock
 
(10,354
)
 
—

 
(10,354
)
Balance at June 30, 2017
 
$
871,396

 
$
38,681

 
$
910,077

 
 
 
 
 
 
 
 
Balance at December 31, 2015
 
$
839,237

 
$
30,884

 
$
870,121

Purchases of common stock3
 
(4,845
)
 
—

 
(4,845
)
Other transactions with shareholders and employees2
 
8,623

 
—

 
8,623

Transactions with non-controlling interests, net
 
—

 
(3,355
)
 
(3,355
)
Net income
 
3,758

 
5,005

 
8,763

Dividends on common stock
 
(10,292
)
 
—

 
(10,292
)
Balance at June 30, 2016
 
$
836,481

 
$
32,534

 
$
869,015

1Represents 133,000 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 109,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our 2012 Equity Incentive Plan.