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Note 23 - Condensed Consolidated Financial Statements (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue                            
Total revenue $ 789,213 $ 1,008,910 $ 849,247 $ 653,886 $ 805,651 $ 1,062,129 $ 964,172 $ 669,913 $ 1,503,133 $ 2,512,043 $ 3,301,256 $ 3,501,865 $ 3,562,459  
Cost of revenue                            
Total cost of revenue   893,855 751,681 593,794         1,345,475 2,239,330 2,931,762 3,139,220 3,217,671  
Total gross profit from reportable segments 96,781 115,055 97,566 60,092 62,446 119,935 116,946 63,318 157,658 272,713 369,494 362,645 344,788  
Selling, general and administrative expenses   61,795 60,121 70,120         130,241 192,036 272,610 303,015 316,284  
Other costs, net (See Note 1)   (490) 16,612 6,279         22,891 22,401 24,120 101,351 37,089  
Gain on sales of property and equipment, net (see Note 11)   (949) (8,915) (598)         (9,513) (10,462) (12,617) (66,439) (6,930)  
Operating income (loss)   54,699 29,748 (15,709)         14,039 68,738 85,381 24,718 (158,345)  
Other (income) expense                            
Interest income   (1,894) (782) (570)         (1,352) (3,246) (6,528) (1,176) (3,096)  
Interest expense   2,519 3,899 3,585         7,484 10,003 12,624 20,739 24,200  
Equity in income of affiliates, net   (3,491) (4,876) (1,289)         (6,165) (9,656) (13,571) (12,586) (8,783)  
Other income, net   77 3,261 1,308         4,569 4,646 (1,039) 4,386 4,203  
Total other (income) expense, net   (2,789) 1,502 3,034         4,536 1,747 (6,436) 2,591 8,118  
Income (loss) before income taxes   57,488 28,246 (18,743)         9,503 66,991 91,817 22,127 (166,463)  
Provision for (benefit from) income taxes   (7,710) 8,668 6,352         15,020 7,310 12,960 19,713 (282)  
Net income 19,176 65,198 19,578 (25,095) (20,433) 32,423 55,747 (65,323) (5,517) 59,681 78,857 2,414 (166,181)  
Amount attributable to non-controlling interests   4,104 (897) (1,638)         (2,535) 1,569 4,445 7,682 21,064  
Net income (loss) attributable to Granite Construction Incorporated $ 22,052 $ 69,302 18,681 (26,733) $ (13,213) $ 35,043 $ 54,461 $ (66,195) (8,052) $ 61,250 $ 83,302 $ 10,096 $ (145,117)  
Net income (loss) from continuing operations     19,578 (25,095)         (5,517)          
Net Income (loss) from discontinued operations       0         0          
Net income (loss) attributable to Granite Construction Incorporated from continuing operations     18,681 (26,733)         (8,052)          
Net income attributable to Granite Construction Incorporated from discontinued operations     $ 0 $ 0         $ 0          
Net income per share attributable to common shareholders (see Note 18):                            
Basic earnings (loss) per share (in dollars per share) $ 0.50 $ 1.58 $ 0.42 $ (0.58) $ (0.29) $ 0.76 $ 1.19 $ (1.45) $ (0.18) $ 1.37 $ 1.87 $ 0.22 $ (3.18)  
Diluted earnings (loss) per share (in dollars per share) $ 0.46 $ 1.36 $ 0.39 $ (0.58) $ (0.29) $ 0.73 $ 1.14 $ (1.45) $ (0.18) $ 1.25 $ 1.70 $ 0.21 $ (3.18)  
Basic (in shares)   43,973 44,534 45,730         45,128 44,739 44,485 45,788 45,614  
Diluted (in shares)   51,863 52,295 45,730         45,128 52,613 52,326 47,599 45,614  
Basic continuing operations per share (in dollars per share)     $ 0.42 $ (0.58)         $ (0.18)          
Basic discontinued operations per share (in dollars per share)     0           0          
Diluted continuing operations per share (in dollars per share)     0.39 (0.58)         (0.18)          
Diluted discontinued operations per share (in dollars per share)     $ 0 $ 0         $ 0          
Current assets                            
Cash and cash equivalents $ 293,991 $ 255,084 $ 175,022 $ 360,911 $ 395,647       $ 175,022 $ 255,084 $ 293,991 $ 395,647    
Short-term marketable securities 39,374 39,873 45,000 14,953 0       45,000 39,873 39,374 0    
Receivables, net 463,987 618,144 527,277 380,502 464,588 [1]       527,277 618,144 463,987 464,588 [1]    
Contract assets 241,916 237,407 190,187 172,641 145,437       190,187 237,407 241,916 145,437    
Inventories 86,809 81,296 78,634 74,356 61,965       78,634 81,296 86,809 61,965    
Equity in construction joint ventures 183,808 185,343 187,028 191,183 189,911       187,028 185,343 183,808 189,911    
Other current assets 37,411 157,231 160,923 167,679 177,210       160,923 157,231 37,411 177,210    
Current assets held for sale 0 0 222,779 211,639 392,641       222,779 0 0 392,641    
Total current assets 1,347,296 1,574,378 1,586,850 1,573,864 1,827,399       1,586,850 1,574,378 1,347,296 1,827,399    
Property and equipment, net 509,210 500,827 464,593 450,250 433,504 [1]       464,593 500,827 509,210 433,504 [1]    
Long-term marketable securities 26,569 21,575 21,675 21,775 15,600       21,675 21,575 26,569 15,600    
Investments in affiliates 80,725 78,663 23,203 22,987 23,368       23,203 78,663 80,725 23,368    
Goodwill 73,703 73,704 53,715 53,715 53,715       53,715 73,704 73,703 53,715    
Right of use assets 49,079 49,590 45,404 48,920 49,312       45,404 49,590 49,079 49,312    
Deferred income taxes, net 22,208 45,650 25,458 25,880 24,141       25,458 45,650 22,208 24,141    
Other noncurrent assets 59,143 58,265 64,008 65,888 67,888       64,008 58,265 59,143 67,888    
Segment assets as of period end (1) 2,167,933 2,402,652 2,284,906 2,263,279 2,494,927       2,284,906 2,402,652 2,167,933 2,494,927    
Current liabilities                            
Current maturities of long-term debt 1,447 1,438 1,429 8,735 8,727       1,429 1,438 1,447 8,727    
Accounts payable 334,392 398,285 331,728 285,390 324,313       331,728 398,285 334,392 324,313    
Contract liabilities 173,286 191,037 179,322 160,994 200,041       179,322 191,037 173,286 200,041    
Accrued expenses and other current liabilities 288,469 461,266 440,899 438,441 452,829       440,899 461,266 288,469 452,829    
Current liabilities held for sale 0 0 46,706 42,106 83,408       46,706 0 0 83,408    
Total current liabilities 797,594 1,052,026 1,000,084 935,666 1,069,318       1,000,084 1,052,026 797,594 1,069,318    
Long-term debt 286,934 286,872 286,801 290,549 331,191       286,801 286,872 286,934 331,191    
Lease liabilities 32,170 32,701 31,182 32,682 32,928       31,182 32,701 32,170 32,928    
Other long-term liabilities 64,199 60,664 61,868 62,493 64,071       61,868 60,664 64,199 64,071    
Commitments and contingencies (see Note 20)          
Equity                            
Preferred stock 0 0 0 0 0       0 0 0 0    
Common stock 437 437 441 454 458       441 437 437 458    
Additional paid-in capital 470,407 468,662 467,159 515,262 559,752       467,159 468,662 470,407 559,752    
Accumulated other comprehensive income (loss) 788 535 2,388 1,573 (3,359)       2,388 535 788 (3,359)    
Retained earnings 481,384 465,134 401,667 388,756 410,831       401,667 465,134 481,384 410,831    
Total Granite Construction Incorporated shareholders’ equity 953,016 934,768 871,655 906,045 967,682       871,655 934,768 953,016 967,682    
Non-controlling interests 32,129 35,621 33,316 35,844 27,881       33,316 35,621 32,129 27,881    
Total equity 985,145 970,389 904,971 941,889 995,563       904,971 970,389 985,145 995,563 $ 991,610 $ 1,178,416
Total liabilities and equity $ 2,167,933 2,402,652 2,284,906 2,263,279 $ 2,494,927       2,284,906 2,402,652 2,167,933 2,494,927    
Previously Reported [Member]                            
Revenue                            
Total revenue   1,009,806 768,286 547,586         1,315,872 2,514,194        
Cost of revenue                            
Total cost of revenue   889,439 689,806 497,811         1,187,617 2,236,169        
Total gross profit from reportable segments   120,367 78,480 49,775         128,255 278,025        
Selling, general and administrative expenses   61,795 53,162 58,501         111,663 192,036        
Other costs, net (See Note 1)   (490) 20,177 8,214         28,391 19,445        
Gain on sales of property and equipment, net (see Note 11)   (949) (385) (332)         (717) (10,462)        
Operating income (loss)   60,011 5,526 (16,608)         (11,082) 77,006        
Other (income) expense                            
Interest income   (1,894) (782) (623)         (1,405) (3,246)        
Interest expense   2,519 3,896 3,575         7,471 10,003        
Equity in income of affiliates, net   (3,491) (541) 306         (235) (9,656)        
Other income, net   77 3,357 1,382         4,739 4,646        
Total other (income) expense, net   (2,789) 5,930 4,640         10,570 1,747        
Income (loss) before income taxes   62,800 (404) (21,248)         (21,652) 75,259        
Provision for (benefit from) income taxes   (6,489) 2,549 (5,331)         (2,782) (777)        
Net income   69,289 16,568 (9,821)         6,747 76,036        
Amount attributable to non-controlling interests   4,104 583 (3,118)         (2,535) 1,569        
Net income (loss) attributable to Granite Construction Incorporated   $ 73,393 17,151 (12,939)         4,212 $ 77,605        
Net income (loss) from continuing operations     (2,953) (15,917)         (18,870)          
Net Income (loss) from discontinued operations     19,521 6,096         25,617          
Net income (loss) attributable to Granite Construction Incorporated from continuing operations     (2,370) (19,035)         (21,405)          
Net income attributable to Granite Construction Incorporated from discontinued operations     $ 19,521 $ 6,096         $ 25,617          
Net income per share attributable to common shareholders (see Note 18):                            
Basic earnings (loss) per share (in dollars per share)   $ 1.67 $ 0.39 $ (0.29)         $ 0.10 $ 1.73        
Diluted earnings (loss) per share (in dollars per share)   $ 1.44 $ 0.39 $ (0.29)         $ 0.10 $ 1.56        
Basic (in shares)   43,973 44,534 45,730         45,128 44,739        
Diluted (in shares)   51,863 44,534 45,730         45,128 52,613        
Basic continuing operations per share (in dollars per share)     $ (0.05) $ (0.42)         $ (0.47)          
Basic discontinued operations per share (in dollars per share)     0.44 0.13         0.57          
Diluted continuing operations per share (in dollars per share)     (0.05) (0.42)         (0.47)          
Diluted discontinued operations per share (in dollars per share)     $ 0.44 $ 0.13         $ 0.57          
Current assets                            
Cash and cash equivalents   $ 255,084 $ 175,022 $ 360,911         $ 175,022 $ 255,084        
Short-term marketable securities   39,873 45,000 14,953         45,000 39,873        
Receivables, net   618,144 527,277 380,502         527,277 618,144        
Contract assets   241,238 190,187 180,023         190,187 241,238        
Inventories   81,296 78,634 74,356         78,634 81,296        
Equity in construction joint ventures   186,824 187,028 191,183         187,028 186,824        
Other current assets   157,231 167,349 179,024         167,349 157,231        
Current assets held for sale     222,779 211,774         222,779          
Total current assets   1,579,690 1,593,276 1,592,726         1,593,276 1,579,690        
Property and equipment, net   500,827 464,593 450,250         464,593 500,827        
Long-term marketable securities   21,575 21,675 21,775         21,675 21,575        
Investments in affiliates   78,663 23,203 22,987         23,203 78,663        
Goodwill   73,704 53,715 53,715         53,715 73,704        
Right of use assets   49,590 45,404 48,920         45,404 49,590        
Deferred income taxes, net   45,650 25,458 25,880         25,458 45,650        
Other noncurrent assets   58,265 64,008 65,888         64,008 58,265        
Segment assets as of period end (1)   2,407,964 2,291,332 2,282,141         2,291,332 2,407,964        
Current liabilities                            
Current maturities of long-term debt   1,438 1,429 8,735         1,429 1,438        
Accounts payable   398,285 331,728 285,390         331,728 398,285        
Contract liabilities   191,037 179,322 165,358         179,322 191,037        
Accrued expenses and other current liabilities   450,223 435,061 439,525         435,061 450,223        
Current liabilities held for sale     46,706 40,246         46,706          
Total current liabilities   1,040,983 994,246 939,254         994,246 1,040,983        
Long-term debt   286,872 286,801 290,549         286,801 286,872        
Lease liabilities   32,701 31,182 32,682         31,182 32,701        
Other long-term liabilities   60,664 61,868 62,493         61,868 60,664        
Equity                            
Preferred stock   0 0 0         0 0        
Common stock   437 441 454         441 437        
Additional paid-in capital   468,662 467,159 515,262         467,159 468,662        
Accumulated other comprehensive income (loss)   535 2,388 1,573         2,388 535        
Retained earnings   481,489 413,931 402,550         413,931 481,489        
Total Granite Construction Incorporated shareholders’ equity   951,123 883,919 919,839         883,919 951,123        
Non-controlling interests   35,621 33,316 37,324         33,316 35,621        
Total equity   986,744 917,235 957,163         917,235 986,744        
Total liabilities and equity   2,407,964 2,291,332 2,282,141         2,291,332 2,407,964        
Revision of Prior Period, Adjustment [Member]                            
Revenue                            
Total revenue   (896) (1,893) 1,893           (2,151)        
Cost of revenue                            
Total cost of revenue   4,416 (6,018) 6,019           3,161        
Total gross profit from reportable segments   (5,312) 4,125 (4,126)           (5,312)        
Other costs, net (See Note 1)                   2,956        
Operating income (loss)   (5,312) 4,125 (4,126)           (8,268)        
Other (income) expense                            
Income (loss) before income taxes   (5,312) 4,125 (4,126)           (8,268)        
Provision for (benefit from) income taxes   (1,221) 911 (958)         (48) 8,087        
Net income   (4,091) 3,010 (15,274)         (12,264) (16,355)        
Amount attributable to non-controlling interests     (1,480) 1,480                    
Net income (loss) attributable to Granite Construction Incorporated   $ (4,091) 1,530 (13,794)         (12,264) $ (16,355)        
Net income (loss) from continuing operations     3,214 (3,168)         48          
Net Income (loss) from discontinued operations     (204) (12,106)         (12,312)          
Net income (loss) attributable to Granite Construction Incorporated from continuing operations     1,734 (1,688)         48          
Net income attributable to Granite Construction Incorporated from discontinued operations     $ (204) $ (12,106)         $ (12,312)          
Net income per share attributable to common shareholders (see Note 18):                            
Basic earnings (loss) per share (in dollars per share)   $ (0.09) $ 0.03 $ (0.29)         $ (0.28) $ (0.36)        
Diluted earnings (loss) per share (in dollars per share)   $ (0.08) 0.03 (0.29)         (0.28) $ (0.31)        
Basic continuing operations per share (in dollars per share)     0.04 (0.03)                    
Basic discontinued operations per share (in dollars per share)     (0.01) (0.26)         (0.28)          
Diluted continuing operations per share (in dollars per share)     0.04 (0.03)                    
Diluted discontinued operations per share (in dollars per share)     $ (0.01) $ (0.26)         $ (0.28)          
Current assets                            
Contract assets   $ (3,831)   $ (7,382)           $ (3,831)        
Equity in construction joint ventures   (1,481)               (1,481)        
Other current assets     $ (6,426) (11,345)         $ (6,426)          
Total current assets   (5,312) (6,426) (18,862)         (6,426) (5,312)        
Segment assets as of period end (1)   (5,312) (6,426) (18,862)         (6,426) (5,312)        
Current liabilities                            
Contract liabilities       (4,364)                    
Accrued expenses and other current liabilities   11,043 5,838 (1,084)         5,838 11,043        
Current liabilities held for sale       1,860                    
Total current liabilities   11,043 5,838 (3,588)         5,838 11,043        
Equity                            
Retained earnings   (16,355) (12,264) (13,794)         (12,264) (16,355)        
Total Granite Construction Incorporated shareholders’ equity   (16,355) (12,264) (13,794)         (12,264) (16,355)        
Non-controlling interests     0 (1,480)         0          
Total equity   (16,355) (12,264) (15,274)         (12,264) (16,355)        
Total liabilities and equity   (5,312) (6,426) (18,862)         (6,426) (5,312)        
Restated Before Recasting [Member]                            
Revenue                            
Total revenue     766,393 549,479         1,315,872          
Cost of revenue                            
Total cost of revenue     683,788 503,830         1,187,617          
Total gross profit from reportable segments     82,605 45,649         128,255          
Selling, general and administrative expenses     53,162 58,501         111,663          
Other costs, net (See Note 1)     20,177 8,214         28,391          
Gain on sales of property and equipment, net (see Note 11)     (385) (332)         (717)          
Operating income (loss)     9,651 (20,734)         (11,082)          
Other (income) expense                            
Interest income     (782) (623)         (1,405)          
Interest expense     3,896 3,575         7,471          
Equity in income of affiliates, net     (541) 306         (235)          
Other income, net     3,357 1,382         4,739          
Total other (income) expense, net     5,930 4,640         10,570          
Income (loss) before income taxes     3,721 (25,374)         (21,652)          
Provision for (benefit from) income taxes     3,460 (6,289)         (2,830)          
Net income     19,578 (25,095)         (5,517)          
Amount attributable to non-controlling interests     (897) (1,638)         (2,535)          
Net income (loss) attributable to Granite Construction Incorporated     18,681 (26,733)         (8,052)          
Net income (loss) from continuing operations     261 (19,085)         (18,822)          
Net Income (loss) from discontinued operations     19,317 (6,010)         13,305          
Net income (loss) attributable to Granite Construction Incorporated from continuing operations     (636) (20,723)         (21,357)          
Net income attributable to Granite Construction Incorporated from discontinued operations     $ 19,317 $ (6,010)         $ 13,305          
Net income per share attributable to common shareholders (see Note 18):                            
Basic earnings (loss) per share (in dollars per share)     $ 0.42 $ (0.58)         $ (0.18)          
Diluted earnings (loss) per share (in dollars per share)     $ 0.42 $ (0.58)         $ (0.18)          
Basic (in shares)     44,534 45,730         45,128          
Diluted (in shares)     44,534 45,730         45,128          
Basic continuing operations per share (in dollars per share)     $ (0.01) $ (0.45)         $ (0.47)          
Basic discontinued operations per share (in dollars per share)     0.43 (0.13)         0.29          
Diluted continuing operations per share (in dollars per share)     (0.01) (0.45)         (0.47)          
Diluted discontinued operations per share (in dollars per share)     $ 0.43 $ (0.13)         $ 0.29          
Revision of Prior Period, Reclassification, Adjustment [Member]                            
Revenue                            
Total revenue     $ 82,854 $ 104,407         $ 187,261          
Cost of revenue                            
Total cost of revenue     67,893 89,964         157,858          
Total gross profit from reportable segments     14,961 14,443         29,403          
Selling, general and administrative expenses     6,959 11,619         18,578          
Other costs, net (See Note 1)     (3,565) (1,935)         (5,500)          
Gain on sales of property and equipment, net (see Note 11)     (8,530) (266)         (8,796)          
Operating income (loss)     20,097 5,025         25,121          
Other (income) expense                            
Interest income       53         53          
Interest expense     3 10         13          
Equity in income of affiliates, net     (4,335) (1,595)         (5,930)          
Other income, net     (96) (74)         (170)          
Total other (income) expense, net     (4,428) (1,606)         (6,034)          
Income (loss) before income taxes     24,525 6,631         31,155          
Provision for (benefit from) income taxes     5,208 12,641         17,850          
Net income     0                      
Net income (loss) from continuing operations     19,317 (6,010)         13,305          
Net Income (loss) from discontinued operations     (19,317) 6,010         (13,305)          
Net income (loss) attributable to Granite Construction Incorporated from continuing operations     19,317 (6,010)         13,305          
Net income attributable to Granite Construction Incorporated from discontinued operations     $ (19,317) $ 6,010         $ (13,305)          
Net income per share attributable to common shareholders (see Note 18):                            
Diluted earnings (loss) per share (in dollars per share)     $ (0.03)                      
Basic continuing operations per share (in dollars per share)     0.43 $ (0.13)         $ 0.29          
Basic discontinued operations per share (in dollars per share)     (0.43) 0.13         (0.29)          
Diluted continuing operations per share (in dollars per share)     0.40 (0.13)         0.29          
Diluted discontinued operations per share (in dollars per share)     $ (0.43) $ 0.13         $ (0.29)          
Construction [Member]                            
Revenue                            
Total revenue   847,371 $ 713,221 $ 578,266         $ 1,291,487 2,138,858 2,803,935 3,076,190 3,181,697  
Cost of revenue                            
Total cost of revenue   754,354 632,969 519,787         1,152,756 1,907,110 2,500,054 2,772,962 2,901,528  
Construction [Member] | Previously Reported [Member]                            
Revenue                            
Total revenue   848,267 632,260 474,935         1,107,195 2,141,009        
Cost of revenue                            
Total cost of revenue   749,938 571,094 426,743         997,837 1,903,949        
Construction [Member] | Revision of Prior Period, Adjustment [Member]                            
Revenue                            
Total revenue   (896) (1,893) 1,893           (2,151)        
Cost of revenue                            
Total cost of revenue   4,416 (6,018) 6,019           3,161        
Construction [Member] | Restated Before Recasting [Member]                            
Revenue                            
Total revenue     630,367 476,828         1,107,195          
Cost of revenue                            
Total cost of revenue     565,076 432,762         997,837          
Construction [Member] | Revision of Prior Period, Reclassification, Adjustment [Member]                            
Revenue                            
Total revenue     82,854 101,438         184,292          
Cost of revenue                            
Total cost of revenue     67,893 87,025         154,919          
Materials [Member]                            
Revenue                            
Total revenue   161,539 136,026 75,620         211,646 373,185 497,321 425,675 380,762  
Cost of revenue                            
Total cost of revenue   139,501 118,712 74,007         192,719 332,220 $ 431,708 $ 366,258 $ 316,143  
Materials [Member] | Previously Reported [Member]                            
Revenue                            
Total revenue   161,539 136,026 72,651         208,677 373,185        
Cost of revenue                            
Total cost of revenue   $ 139,501 118,712 71,068         189,780 $ 332,220        
Materials [Member] | Restated Before Recasting [Member]                            
Revenue                            
Total revenue     136,026 72,651         208,677          
Cost of revenue                            
Total cost of revenue     $ 118,712 71,068         189,780          
Materials [Member] | Revision of Prior Period, Reclassification, Adjustment [Member]                            
Revenue                            
Total revenue       2,969         2,969          
Cost of revenue                            
Total cost of revenue       $ 2,939         $ 2,939          
[1] These balances do not include amounts held for sale (see Note 2).