Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 436,136	$ 262,273
Short-term marketable securities	0	27,799
Receivables, net	540,812	547,417
Contract assets	164,939	211,441
Inventories	82,362	88,885
Equity in construction joint ventures	188,798	193,110
Other current assets	42,199	46,016
Total current assets	1,455,246	1,376,941
Property and equipment, net	527,016	542,297
Long-term marketable securities	5,200	5,000
Investments in affiliates	75,287	84,176
Goodwill	116,777	264,279
Right of use assets	62,256	72,534
Deferred income taxes, net	41,839	50,158
Other noncurrent assets	96,375	106,703
Total assets	2,379,996	2,502,088
Current liabilities
Current maturities of long-term debt	8,278	8,244
Accounts payable	359,160	400,775
Contract liabilities	171,321	95,737
Accrued expenses and other current liabilities	404,497	337,300
Total current liabilities	943,256	842,056
Long-term debt	330,522	356,108
Long-term lease liabilities	46,769	58,618
Deferred income taxes, net	3,155	3,754
Other long-term liabilities	64,684	63,136
Commitments and contingencies (Note 20)
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: 45,668,541 shares as of December 31, 2020, 45,503,805 shares as of December 31, 2019	457	456
Additional paid-in capital	555,407	549,307
Accumulated other comprehensive loss	(5,035)	(2,645)
Retained earnings	424,835	594,353
Total Granite Construction Incorporated shareholders’ equity	975,664	1,141,471
Non-controlling interests	15,946	36,945
Total equity	991,610	1,178,416
Total liabilities and equity	$ 2,379,996	$ 2,502,088