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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Total revenue $ 1,065,189 $ 1,112,114 $ 2,616,887 $ 2,560,019
Cost of revenue        
Total cost of revenue 939,192 989,556 2,378,748 2,389,565
Gross profit 125,997 122,558 238,139 170,454
Selling, general and administrative expenses 82,505 73,424 252,568 224,577
Acquisition and integration expenses 73 2,744 73 13,769
Non-cash impairment charges (See Note 4) 132,277 0 156,690 0
Gain on sales of property and equipment (3,057) (7,101) (4,870) (13,936)
Operating (loss) income (85,801) 53,491 (166,322) (53,956)
Other (income) expense        
Interest income (755) (1,713) (2,813) (6,257)
Interest expense 6,359 4,839 17,902 13,011
Equity in income of affiliates, net (2,353) (6,275) (4,415) (10,159)
Other (income) expense, net (1,967) 127 92 (2,394)
Total other expense (income) 1,284 (3,022) 10,766 (5,799)
(Loss) income before provision for (benefit from) income taxes (87,085) 56,513 (177,088) (48,157)
Provision for (benefit from) income taxes 11,272 11,747 (5,220) (11,516)
Net (loss) income (98,357) 44,766 (171,868) (36,641)
Amount attributable to non-controlling interests 7,195 1,135 18,741 (4,170)
Net (loss) income attributable to Granite Construction Incorporated $ (91,162) $ 45,901 $ (153,127) $ (40,811)
Net (loss) income per share attributable to common shareholders (See Note 16)        
Basic (in dollars per share) $ (2.00) $ 0.98 $ (3.36) $ (0.87)
Diluted (in dollars per share) $ (2.00) $ 0.97 $ (3.36) $ (0.87)
Weighted average shares of common stock        
Basic (in shares) 45,654 46,788 45,598 46,771
Diluted (in shares) 45,654 47,170 45,598 46,771
Transportation [Member]        
Revenue        
Total revenue $ 623,999 $ 623,867 $ 1,510,001 $ 1,407,577
Cost of revenue        
Total cost of revenue 569,677 577,002 1,399,113 1,376,561
Water [Member]        
Revenue        
Total revenue 106,599 134,404 317,980 345,556
Cost of revenue        
Total cost of revenue 94,042 121,767 283,497 314,471
Specialty [Member]        
Revenue        
Total revenue 205,134 224,744 513,087 538,497
Cost of revenue        
Total cost of revenue 171,842 186,158 465,234 464,858
Materials [Member]        
Revenue        
Total revenue 129,457 129,099 275,819 268,389
Cost of revenue        
Total cost of revenue $ 103,631 $ 104,629 $ 230,904 $ 233,675