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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue      
Construction $ 1,664,708 $ 1,365,198 $ 1,262,675
Large Project Construction 1,032,229 888,193 812,720
Construction Materials 292,776 261,226 295,634
Total revenue 2,989,713 2,514,617 2,371,029
Cost of revenue      
Construction 1,417,694 1,155,983 1,075,169
Large Project Construction 1,002,436 824,056 733,253
Construction Materials 254,650 233,208 262,771
Total cost of revenue 2,674,780 2,213,247 2,071,193
Gross profit 314,933 301,370 299,836
Selling, general and administrative expenses 222,811 219,299 203,817
Restructuring gains (2,411) (1,925) (6,003)
Gain on sales of property and equipment (4,182) (8,358) (8,286)
Operating income 98,715 92,354 110,308
Other (income) expense      
Interest income (4,742) (3,225) (2,135)
Interest expense 10,800 12,366 14,257
Equity in income of affiliates (7,107) (7,177) (3,210)
Other income, net (4,699) (5,972) (2,031)
Total other (income) expense (5,748) (4,008) 6,881
Income before provision for income taxes 104,463 96,362 103,427
Provision for income taxes 28,662 30,162 35,179
Net income 75,801 66,200 68,248
Amount attributable to non-controlling interests (6,703) (9,078) (7,763)
Net income attributable to Granite Construction Incorporated $ 69,098 $ 57,122 $ 60,485
Net income per share attributable to common shareholders (see Note 14)      
Basic (in dollars per share) $ 1.74 $ 1.44 $ 1.54
Diluted (in dollars per share) $ 1.71 $ 1.42 $ 1.52
Weighted average shares of common stock      
Weighted average common stock outstanding, basic (in shares) 39,795 39,557 39,337
Weighted average common stock outstanding, diluted (in shares) 40,372 40,225 39,868
Dividends per common share (in dollars per share) $ 0.52 $ 0.52 $ 0.52