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Restatement - Schedule of Condensed Consolidated Financial Statements (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Total revenue $ 1,116,820 $ 1,008,910 $ 2,575,440 $ 2,512,043
Cost of revenue        
Total cost of revenue 950,177   2,273,352  
Gross profit 166,643 115,055 302,088 272,713
Selling, general and administrative expenses 74,794 61,795 212,479 192,036
Other costs, net 19,843 (490) 37,973 22,401
Gain on sales of property and equipment, net (1,812) (949) (7,793) (10,462)
Operating income 73,818   59,429  
Other (income) expense        
Interest income (4,293)   (11,287)  
Interest expense 4,877   11,899  
Net income from affiliates (7,147)   (19,378) (9,656)
Other expense, net 462   (2,713)  
Total other (income) expense, net (6,101) (2,789) 29,573 1,747
Income before income taxes 79,919 57,488 29,856 66,991
Benefit from income taxes 22,423 $ (7,710) 21,978 $ 7,310
Amount attributable to non-controlling interests 128   9,723  
Net income attributable to Granite Construction Incorporated $ 57,624   $ 17,601  
Net income per share attributable to common shareholders        
Basic earnings per share (USD per share) $ 1.31 $ 1.58 $ 0.40 $ 1.37
Diluted earnings per share (USD per share) $ 1.13 $ 1.36 $ 0.40 $ 1.25
Weighted average shares outstanding:        
Basic (shares) 43,924,000 43,973,000 43,861,000 44,739,000
Diluted (shares) 53,612,000 51,863,000 44,447,000 52,613,000
Operating activities        
Net income $ 57,496 $ 65,198 $ 7,878 $ 59,681
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation, depletion and amortization     65,298 61,714
Amortization related to long-term debt     1,689 1,901
Gain on sale of business     0 (3,278)
Deferred income taxes     1,542 (17,819)
Stock-based compensation     8,630 6,151
Granite’s interest in net income (loss)     (4,535) 25,066
Other non-cash adjustments     5,659 38
Changes in assets and liabilities:        
Receivables     (286,262) (94,233)
Contract assets, net     8,315 (91,102)
Inventories     (3,421) (8,795)
Contributions to unconsolidated construction joint ventures     (18,310) (44,667)
Distributions from unconsolidated construction joint ventures and affiliates     8,903 7,960
Other assets, net     (6,705) 27,633
Accounts payable     144,721 60,973
Accrued expenses and other liabilities, net     76,915 14,264
Net cash provided by (used in) operating activities     34,198 (14,631)
As Previously Reported        
Revenue        
Total revenue   1,009,806   2,514,194
Cost of revenue        
Total cost of revenue   889,439   2,236,169
Gross profit   120,367   278,025
Selling, general and administrative expenses   61,795   192,036
Other costs, net   (490)   19,445
Gain on sales of property and equipment, net   (949)   (10,462)
Operating income   60,011   77,006
Other (income) expense        
Interest income   (1,894)   (3,246)
Interest expense   2,519   10,003
Net income from affiliates   (3,491)   (9,656)
Other expense, net   77   4,646
Total other (income) expense, net   (2,789)   1,747
Income before income taxes   62,800   75,259
Benefit from income taxes   (6,489)   (777)
Net income   69,289    
Amount attributable to non-controlling interests   4,104   1,569
Net income attributable to Granite Construction Incorporated   $ 73,393   $ 77,605
Net income per share attributable to common shareholders        
Basic earnings per share (USD per share)   $ 1.67   $ 1.73
Diluted earnings per share (USD per share)   $ 1.44   $ 1.56
Weighted average shares outstanding:        
Basic (shares)   43,973,000   44,739,000
Diluted (shares)   51,863,000   52,613,000
Operating activities        
Net income       $ 76,036
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation, depletion and amortization       61,714
Amortization related to long-term debt       1,901
Gain on sale of business       (6,234)
Gain on sales of property and equipment, net       (10,462)
Deferred income taxes       (17,819)
Stock-based compensation       6,151
Granite’s interest in net income (loss)       23,585
Net income from affiliates       (9,656)
Other non-cash adjustments       38
Changes in assets and liabilities:        
Receivables       (94,233)
Contract assets, net       (94,933)
Inventories       (8,795)
Contributions to unconsolidated construction joint ventures       (44,667)
Distributions from unconsolidated construction joint ventures and affiliates       7,960
Other assets, net       30,589
Accounts payable       60,973
Accrued expenses and other liabilities, net       3,221
Net cash provided by (used in) operating activities       (14,631)
Restatement Impacts        
Revenue        
Total revenue   $ (896)   (2,151)
Cost of revenue        
Total cost of revenue   4,416   3,161
Gross profit   (5,312)   (5,312)
Selling, general and administrative expenses   0   0
Other costs, net   0   2,956
Gain on sales of property and equipment, net   0   0
Operating income   (5,312)   (8,268)
Other (income) expense        
Interest income   0   0
Interest expense   0   0
Net income from affiliates   0   0
Other expense, net   0   0
Total other (income) expense, net   0   0
Income before income taxes   (5,312)   (8,268)
Benefit from income taxes   (1,221)   8,087
Net income   (4,091)    
Amount attributable to non-controlling interests   0   0
Net income attributable to Granite Construction Incorporated   $ (4,091)   $ (16,355)
Net income per share attributable to common shareholders        
Basic earnings per share (USD per share)   $ (0.09)   $ (0.36)
Diluted earnings per share (USD per share)   $ (0.08)   $ (0.31)
Weighted average shares outstanding:        
Basic (shares)   0   0
Diluted (shares)   0   0
Operating activities        
Net income       $ (16,355)
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation, depletion and amortization       0
Amortization related to long-term debt       0
Gain on sale of business       2,956
Gain on sales of property and equipment, net       0
Deferred income taxes       0
Stock-based compensation       0
Granite’s interest in net income (loss)       1,481
Net income from affiliates       0
Other non-cash adjustments       0
Changes in assets and liabilities:        
Receivables       0
Contract assets, net       3,831
Inventories       0
Contributions to unconsolidated construction joint ventures       0
Distributions from unconsolidated construction joint ventures and affiliates       0
Other assets, net       (2,956)
Accounts payable       0
Accrued expenses and other liabilities, net       11,043
Net cash provided by (used in) operating activities       0
As Restated        
Revenue        
Total revenue   $ 1,008,910   2,512,043
Cost of revenue        
Total cost of revenue   893,855   2,239,330
Gross profit   115,055   272,713
Selling, general and administrative expenses   61,795   192,036
Other costs, net   (490)   22,401
Gain on sales of property and equipment, net   (949)   (10,462)
Operating income   54,699   68,738
Other (income) expense        
Interest income   (1,894)   (3,246)
Interest expense   2,519   10,003
Net income from affiliates   (3,491)   (9,656)
Other expense, net   77   4,646
Total other (income) expense, net   (2,789)   1,747
Amount attributable to non-controlling interests   4,104   1,569
Net income attributable to Granite Construction Incorporated   $ 69,302   $ 61,250
Net income per share attributable to common shareholders        
Basic earnings per share (USD per share)   $ 1.58   $ 1.37
Diluted earnings per share (USD per share)   $ 1.36   $ 1.25
Weighted average shares outstanding:        
Basic (shares)   43,973,000   44,739,000
Diluted (shares)   51,863,000   52,613,000
Operating activities        
Net income       $ 59,681
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation, depletion and amortization       61,714
Amortization related to long-term debt       1,901
Gain on sale of business       (3,278)
Gain on sales of property and equipment, net       (10,462)
Deferred income taxes       (17,819)
Stock-based compensation       6,151
Granite’s interest in net income (loss)       25,066
Net income from affiliates       (9,656)
Other non-cash adjustments       38
Changes in assets and liabilities:        
Receivables       (94,233)
Contract assets, net       (91,102)
Inventories       (8,795)
Contributions to unconsolidated construction joint ventures       (44,667)
Distributions from unconsolidated construction joint ventures and affiliates       7,960
Other assets, net       27,633
Accounts payable       60,973
Accrued expenses and other liabilities, net       14,264
Net cash provided by (used in) operating activities       (14,631)
Construction        
Revenue        
Total revenue 945,698   2,198,527  
Cost of revenue        
Total cost of revenue 808,536   1,945,506  
Construction | As Previously Reported        
Revenue        
Total revenue   $ 848,267   2,141,009
Cost of revenue        
Total cost of revenue   749,938   1,903,949
Construction | Restatement Impacts        
Revenue        
Total revenue   (896)   (2,151)
Cost of revenue        
Total cost of revenue   4,416   3,161
Construction | As Restated        
Revenue        
Total revenue   847,371   2,138,858
Cost of revenue        
Total cost of revenue   754,354   1,907,110
Materials        
Revenue        
Total revenue 171,122   376,913  
Cost of revenue        
Total cost of revenue $ 141,641   $ 327,846  
Materials | As Previously Reported        
Revenue        
Total revenue   161,539   373,185
Cost of revenue        
Total cost of revenue   139,501   332,220
Materials | Restatement Impacts        
Revenue        
Total revenue   0   0
Cost of revenue        
Total cost of revenue   0   0
Materials | As Restated        
Revenue        
Total revenue   161,539   373,185
Cost of revenue        
Total cost of revenue   $ 139,501   $ 332,220