Note 11 - Construction Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2022

Notes Tables

Schedule of Unconsolidated Joint Ventures Assets and Liabilities [Table Text Block]

(in thousands)	June 30, 2022		December 31, 2021		June 30, 2021
Assets
Cash, cash equivalents and marketable securities	$	148,446	$	182,891	$	139,381
Other current assets (1)		672,274		661,342		795,440
Noncurrent assets		85,863		103,579		140,160
Less partners’ interest		602,618		633,634		716,678
Granite’s interest (1),(2)	$	303,965	$	314,178	$	358,303
Liabilities
Current liabilities	$	228,686	$	307,674	$	432,130
Less partners’ interest and adjustments (3)		99,053		154,771		235,649
Granite’s interest	$	129,633	$	152,903	$	196,481
Equity in construction joint ventures (4)	$	174,332	$	161,275	$	161,822

Schedule of Unconsolidated Joint Ventures Revenue and Costs [Table Text Block]

	Three Months Ended June 30,					Six Months Ended June 30,
(in thousands)	2022			2021		2022			2021
Revenue
Total	$	91,564		$	263,558	$	252,703		$	495,600
Less partners’ interest and adjustments (1)		68,374			176,657		179,858			328,977
Granite’s interest		23,190			86,901	$	72,845		$	166,623
Cost of revenue
Total		93,162			249,494	$	251,083		$	497,564
Less partners’ interest and adjustments (1)		56,897			169,041		161,549			337,775
Granite’s interest		36,265			80,453	$	89,534		$	159,789
Granite’s interest in gross profit (loss)	$	(13,075	)	$	6,448		(16,689	)	$	6,834
Net Income (Loss)
Total	$	(2,871	)	$	13,813	$	296		$	(2,190	)
Less partners’ interest and adjustments (1)		10,730			7,262		17,524			(9,159	)
Granite’s interest in net income (loss) (2)	$	(13,601	)	$	6,551	$	(17,228	)	$	6,969