XML 46 R35.htm IDEA: XBRL DOCUMENT v3.22.1
Note 11 - Construction Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Schedule of Unconsolidated Joint Ventures Assets and Liabilities [Table Text Block]

(in thousands)

 

March 31, 2022

  

December 31, 2021

  

March 31, 2021

 

Assets

            

Cash, cash equivalents and marketable securities

 $157,869  $182,891  $161,574 

Other current assets (1)

  663,187   661,342   768,127 

Noncurrent assets

  92,153   103,579   150,273 

Less partners’ interest

  604,157   633,634   719,634 

Granite’s interest (1),(2)

 $309,052  $314,178  $360,340 

Liabilities

            

Current liabilities

 $263,213  $307,674  $470,667 

Less partners’ interest and adjustments (3)

  130,443   154,771   241,250 

Granite’s interest

 $132,770  $152,903  $229,417 

Equity in construction joint ventures (4)

 $176,282  $161,275  $130,923 
Schedule of Unconsolidated Joint Ventures Revenue and Costs [Table Text Block]
   Three Months Ended March 31,

(in thousands)

 

2022

  

2021

 

Revenue

        

Total

 $161,139  $232,042 

Less partners’ interest and adjustments (1)

  111,484   152,320 

Granite’s interest

 $49,655  $79,722 

Cost of revenue

        

Total

 $157,921  $248,070 

Less partners’ interest and adjustments (1)

  104,652   168,734 

Granite’s interest

 $53,269  $79,336 

Granite’s interest in gross profit (loss)

  (3,614) $386 

Net Income (Loss)

        

Total

 $3,167  $(16,003)

Less partners’ interest and adjustments (1)

  6,794   (16,421)

Granite’s interest in net income (loss)

 $(3,627) $418