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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Total revenue $ 672,275 $ 560,068
Cost of revenue    
Total cost of revenue 617,990 527,709
Gross profit 54,285 32,359
Selling, general and administrative expenses 87,993 73,122
Other costs, net 11,010 4,523
Gain on sales of property and equipment, net (1,418) (2,037)
Operating loss (43,300) (43,249)
Other (income) expense    
Interest income (6,702) (3,762)
Interest expense 8,083 2,891
Net income from affiliates (3,970) (5,187)
Other income, net (1,743) (1,950)
Total other income, net (4,332) (8,008)
Loss before income taxes (38,968) (35,241)
Benefit from income taxes (9,526) (9,469)
Net loss (29,442) (25,772)
Amount attributable to non-controlling interests (1,541) 2,749
Net loss attributable to Granite Construction Incorporated $ (30,983) $ (23,023)
Net loss per share attributable to common shareholders    
Basic (USD per share) $ (0.70) $ (0.53)
Diluted (USD per share) $ (0.70) $ (0.53)
Weighted average shares outstanding:    
Basic (shares) 43,988 43,764
Diluted (shares) 43,988 43,764
Construction    
Revenue    
Total revenue $ 595,213 $ 503,416
Cost of revenue    
Total cost of revenue 538,385 466,711
Materials    
Revenue    
Total revenue 77,062 56,652
Cost of revenue    
Total cost of revenue $ 79,605 $ 60,998