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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of Pro Forma Financial Information

The financial information in the table below summarizes the combined results of operations of Granite and Layne, on a pro forma basis, as though the companies had been combined as of January 1, 2017 (in thousands, except per share amounts). The pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2018

 

Revenue

 

$

909,783

 

 

$

1,583,073

 

Net income

 

 

16,834

 

 

 

14,454

 

Net income attributable to Granite

 

 

14,530

 

 

 

10,389

 

Basic net income per share attributable to common shareholders

 

 

0.32

 

 

 

0.23

 

Diluted net income per share attributable to common shareholders

 

 

0.30

 

 

 

0.22