CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents ($94,359 and $73,115 related to consolidated construction joint ventures (“CCJVs”))	$ 233,711	$ 189,326
Short-term marketable securities	67,775	64,884
Receivables, net ($52,031 and $52,613 related to CCJVs)	479,791	419,345
Costs and estimated earnings in excess of billings ($1,437 and $5,046 related to CCJVs)	103,965	73,102
Inventories	62,497	55,245
Equity in construction joint ventures	247,826	247,182
Other current assets ($10,384 and $7,500 related to CCJVs)	(36,513)	(39,908)
Total current assets	1,232,078	1,088,992
Property and equipment, net ($38,361 and $20,500 related to CCJVs)	407,418	406,650
Long-term marketable securities	65,015	62,895
Investments in affiliates	38,469	35,668
Goodwill	53,799	53,799
Other noncurrent assets	75,199	85,449
Total assets	1,871,978	1,733,453
Current liabilities
Current maturities of long-term debt	46,048	14,796
Accounts payable ($34,795 and $26,419 related to CCJVs)	237,673	199,029
Billings in excess of costs and estimated earnings ($37,701 and $33,704 related to CCJVs)	135,146	97,522
Accrued expenses and other current liabilities ($2,126 and $1,544 related to CCJVs)	236,407	218,587
Total current liabilities	655,274	529,934
Long-term debt	178,453	229,498
Deferred income taxes, net	1,361	5,441
Other long-term liabilities	44,085	45,989
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 39,871,314 shares as of December 31, 2017 and 39,621,140 shares as of December 31, 2016	399	396
Additional paid-in capital	160,376	150,337
Accumulated other comprehensive loss	634	(371)
Retained earnings	783,699	735,626
Total Granite Construction Incorporated shareholders’ equity	945,108	885,988
Non-controlling interests	47,697	36,603
Total equity	992,805	922,591
Total liabilities and equity	$ 1,871,978	$ 1,733,453