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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
QUARTERLY FINANCIAL DATA
 

 

 

(unaudited - dollars in thousands, except per share data)
 

 

 

 

2017 Quarters Ended
December 31,
September 30,
June 30,
March 31,
Revenue
$
801,274

$
957,126

$
762,913

$
468,400

Gross profit
100,707

114,530

74,570

25,126

As a percent of revenue
12.6
%
12.0
%
9.8
%
5.4
 %
Net income (loss)
$
35,325

$
48,055

$
16,272

$
(23,851
)
As a percent of revenue
4.4
%
5.0
%
2.1
%
(5.1
)%
Net income (loss) attributable to Granite
$
32,773

$
45,982

$
14,133

$
(23,790
)
As a percent of revenue
4.1
%
4.8
%
1.9
%
(5.1
)%
Net income (loss) per share attributable to
common shareholders:
 
 
 
 
Basic
$
0.82

$
1.15

$
0.35

$
(0.60
)
Diluted
$
0.81

$
1.14

$
0.35

$
(0.60
)

2016 Quarters Ended
December 31,
September 30,
June 30,
March 31,
Revenue
$
666,681

$
803,905

$
604,579

$
439,452

Gross profit
81,250

107,674

73,201

39,245

As a percent of revenue
12.2
%
13.4
%
12.1
%
8.9
 %
Net income (loss)
$
19,264

$
38,172

$
18,526

$
(9,762
)
As a percent of revenue  
2.9
%
4.7
%
3.1
%
(2.2
)%
Net income (loss) attributable to Granite
$
16,173

$
37,190

$
14,199

$
(10,440
)
As a percent of revenue
2.4
%
4.6
%
2.3
%
(2.4
)%
Net income (loss) per share attributable to
common shareholders:
 
 
 
 
Basic
$
0.41

$
0.94

$
0.36

$
(0.27
)
Diluted
$
0.40

$
0.92

$
0.35

$
(0.27
)