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Note 3 - Restatement - Effects of Restatement (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Cash and cash equivalents $ 388,024 $ 184,673 $ 388,024 $ 184,673   $ 262,273    
Short-term marketable securities 0 37,918 0 37,918   27,799    
Receivables, net ($32,028, $29,564 and $30,336 related to CCJVs) 661,948 712,972 661,948 712,972   547,417    
Contract assets ($27,528, $25,034 and $24,481 related to CCJVs) 159,939 206,407 159,939 206,407   211,441    
Inventories 102,111 95,442 102,111 95,442   88,885    
Equity in construction joint ventures 184,980 203,954 184,980 203,954   193,110    
Other current assets ($13,634, $13,350 and $10,765 related to CCJVs) 48,300 51,925 48,300 51,925   46,016    
Total current assets 1,545,302 1,493,291 1,545,302 1,493,291   1,376,941    
Property and equipment, net ($25,765, $31,136 and $27,752 related to CCJVs) 536,256 542,796 536,256 542,796   542,297    
Long-term marketable securities 5,700 10,000 5,700 10,000   5,000    
Investments in affiliates 76,464 84,914 76,464 84,914   84,176    
Goodwill 116,691 264,112 116,691 264,112   264,279    
Right of use assets 68,276 70,472 68,276 70,472   72,534    
Deferred income taxes, net 39,439 30,637 39,439 30,637   50,158    
Other noncurrent assets 100,145 116,438 100,145 116,438   106,703    
Total assets 2,488,273 2,612,660 2,488,273 2,612,660   2,502,088    
Current maturities of long-term debt 8,253 8,263 8,253 8,263   8,244    
Accounts payable ($50,503, $57,795 and $50,625 related to CCJVs) 385,259 399,743 385,259 399,743   400,775    
Contract liabilities ($73,426, $20,994 and $16,951 related to CCJVs) 189,430 109,299 189,430 109,299   95,737    
Accrued expenses and other current liabilities ($4,553, $2,415 and $4,477 related to CCJVs) 391,651 359,221 391,651 359,221   337,300    
Total current liabilities 974,593 876,526 974,593 876,526   842,056    
Long-term debt 405,644 394,841 405,644 394,841   356,108    
Long-term lease liabilities 51,879 56,740 51,879 56,740   58,618    
Deferred income taxes, net 3,417 4,652 3,417 4,652   3,754    
Other long-term liabilities 63,741 58,433 63,741 58,433   63,136    
Commitments and contingencies (Note 18)      
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding   0   0        
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 45,655,682 shares as of September 30, 2020, 45,503,805 shares as of December 31, 2019 and 46,741,263 shares as of September 30, 2019 457 468 457 468   456    
Additional paid-in capital 554,303 567,033 554,303 567,033   549,307    
Accumulated other comprehensive loss (6,000) (3,282) (6,000) (3,282)   (2,645)    
Retained earnings 422,846 619,690 422,846 619,690   594,353    
Total Granite Construction Incorporated shareholders’ equity 971,606 1,183,909 971,606 1,183,909   1,141,471    
Non-controlling interests 17,393 37,559 17,393 37,559   36,945    
Total equity 988,999 1,221,468 988,999 1,221,468 $ 1,090,760 1,178,416 $ 1,194,183 $ 1,289,354
Total liabilities and equity 2,488,273 2,612,660 2,488,273 2,612,660   $ 2,502,088    
Total revenue 1,065,189 1,112,114 2,616,887 2,560,019        
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        
Gain on sales of property and equipment (3,057) (7,101) (4,870) (13,936)        
Operating income (loss) (85,801) 53,491 (166,322) (53,956)        
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 income 1,284 (3,022) 10,766 (5,799)        
Income (loss) 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 income (loss) (98,357) 44,766 (171,868) (36,641)        
Amount attributable to non-controlling interests 7,195 1,135 18,741 (4,170)        
Net income (loss) attributable to Granite Construction Incorporated $ (91,162) $ 45,901 $ (153,127) $ (40,811)        
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)        
Basic (in shares) 45,654 46,788 45,598 46,771        
Diluted (in shares) 45,654 47,170 45,598 46,771        
Net (loss) income     $ (171,868) $ (36,641)        
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:                
Depreciation, depletion and amortization     84,713 92,700        
Gain on sales of property and equipment, net     (4,870) (13,936)        
Deferred income taxes     996 (2,150)        
Stock-based compensation     5,203 8,924        
Equity in net loss from unconsolidated joint ventures     38,529 93,274        
Net income from affiliates       (10,159)        
Other non-cash adjustments     2,071 4,630        
Changes in assets and liabilities, net of the effect of an acquisition in 2019:                
Receivables     (98,118) (225,558)        
Contract assets, net     144,558 (21,539)        
Inventories     (13,226) (6,178)        
Contributions to unconsolidated construction joint ventures     (38,044) (57,280)        
Distributions from unconsolidated construction joint ventures and affiliates     9,279 13,181        
Other assets, net     (6,208) (10,390)        
Accounts payable     (16,559) 143,678        
Accrued expenses and other current liabilities, net     43,477 946        
Net cash used in operating activities     138,666 (26,498)        
Transportation [Member]                
Total revenue $ 623,999 $ 623,867 1,510,001 1,407,577        
Total cost of revenue 569,677 577,002 1,399,113 1,376,561        
Water [Member]                
Total revenue 106,599 134,404 317,980 345,556        
Total cost of revenue 94,042 121,767 283,497 314,471        
Specialty [Member]                
Total revenue 205,134 224,744 513,087 538,497        
Total cost of revenue 171,842 186,158 465,234 464,858        
Materials [Member]                
Total revenue 129,457 129,099 275,819 268,389        
Total cost of revenue $ 103,631 104,629 $ 230,904 233,675        
Previously Reported [Member]                
Cash and cash equivalents   184,673   184,673        
Short-term marketable securities   37,918   37,918        
Receivables, net ($32,028, $29,564 and $30,336 related to CCJVs)   700,387   700,387        
Contract assets ($27,528, $25,034 and $24,481 related to CCJVs)   233,925   233,925        
Inventories   95,442   95,442        
Equity in construction joint ventures   209,765   209,765        
Other current assets ($13,634, $13,350 and $10,765 related to CCJVs)   42,698   42,698        
Total current assets   1,504,808   1,504,808        
Property and equipment, net ($25,765, $31,136 and $27,752 related to CCJVs)   542,796   542,796        
Long-term marketable securities   10,000   10,000        
Investments in affiliates   84,914   84,914        
Goodwill   264,112   264,112        
Right of use assets   70,472   70,472        
Deferred income taxes, net   38,443   38,443        
Other noncurrent assets   118,228   118,228        
Total assets   2,633,773   2,633,773        
Current maturities of long-term debt   8,263   8,263        
Accounts payable ($50,503, $57,795 and $50,625 related to CCJVs)   399,528   399,528        
Contract liabilities ($73,426, $20,994 and $16,951 related to CCJVs)   106,010   106,010        
Accrued expenses and other current liabilities ($4,553, $2,415 and $4,477 related to CCJVs)   342,040   342,040        
Total current liabilities   855,841   855,841        
Long-term debt   394,841   394,841        
Long-term lease liabilities   56,740   56,740        
Deferred income taxes, net   4,652   4,652        
Other long-term liabilities   58,433   58,433        
Commitments and contingencies (Note 18)            
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding   0   0        
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 45,655,682 shares as of September 30, 2020, 45,503,805 shares as of December 31, 2019 and 46,741,263 shares as of September 30, 2019   468   468        
Additional paid-in capital   567,033   567,033        
Accumulated other comprehensive loss   (3,282)   (3,282)        
Retained earnings   656,487   656,487        
Total Granite Construction Incorporated shareholders’ equity   1,220,706   1,220,706        
Non-controlling interests   42,560   42,560        
Total equity   1,263,266   1,263,266        
Total liabilities and equity   2,633,773   2,633,773        
Total revenue   1,088,110   2,497,451        
Total cost of revenue   996,678   2,417,945        
Gross profit   91,432   79,506        
Selling, general and administrative expenses   73,424   224,577        
Acquisition and integration expenses   2,744   15,244        
Gain on sales of property and equipment   (7,101)   (13,936)        
Operating income (loss)   22,365   (146,379)        
Interest income   (1,713)   (6,257)        
Interest expense   4,839   13,011        
Equity in income of affiliates, net   (6,275)   (10,159)        
Other (income) expense, net   127   (2,394)        
Total other income   (3,022)   (5,799)        
Income (loss) before provision for (benefit from) income taxes   25,387   (140,580)        
Provision for (benefit from) income taxes   3,474   (37,451)        
Net income (loss)   21,913   (103,129)        
Amount attributable to non-controlling interests   (1,425)   (8,793)        
Net income (loss) attributable to Granite Construction Incorporated   $ 20,488   $ (111,922)        
Basic (in dollars per share)   $ 0.44   $ (2.39)        
Diluted (in dollars per share)   $ 0.43   $ (2.39)        
Basic (in shares)   46,788   46,771        
Diluted (in shares)   47,170   46,771        
Net (loss) income       $ (103,129)        
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:                
Depreciation, depletion and amortization       92,700        
Gain on sales of property and equipment, net       (13,936)        
Deferred income taxes       (37,338)        
Stock-based compensation       8,924        
Equity in net loss from unconsolidated joint ventures       173,008        
Net income from affiliates       (10,159)        
Other non-cash adjustments       4,630        
Changes in assets and liabilities, net of the effect of an acquisition in 2019:                
Receivables       (224,475)        
Contract assets, net       (13,276)        
Inventories       (6,178)        
Contributions to unconsolidated construction joint ventures       (57,280)        
Distributions from unconsolidated construction joint ventures and affiliates       13,181        
Other assets, net       (1,141)        
Accounts payable       148,739        
Accrued expenses and other current liabilities, net       (768)        
Net cash used in operating activities       (26,498)        
Previously Reported [Member] | Transportation [Member]                
Total revenue   $ 598,646   1,340,834        
Total cost of revenue   585,013   1,405,830        
Previously Reported [Member] | Water [Member]                
Total revenue   135,908   347,994        
Total cost of revenue   120,878   313,582        
Previously Reported [Member] | Specialty [Member]                
Total revenue   224,457   540,234        
Total cost of revenue   186,158   464,858        
Previously Reported [Member] | Materials [Member]                
Total revenue   129,099   268,389        
Total cost of revenue   104,629   233,675        
Revision of Prior Period, Adjustment [Member]                
Cash and cash equivalents   0   0        
Short-term marketable securities   0   0        
Receivables, net ($32,028, $29,564 and $30,336 related to CCJVs)   10,569   10,569        
Contract assets ($27,528, $25,034 and $24,481 related to CCJVs)   (17,452)   (17,452)        
Inventories   0   0        
Equity in construction joint ventures   (10,351)   (10,351)        
Other current assets ($13,634, $13,350 and $10,765 related to CCJVs)   9,019   9,019        
Total current assets   (8,215)   (8,215)        
Property and equipment, net ($25,765, $31,136 and $27,752 related to CCJVs)   0   0        
Long-term marketable securities   0   0        
Investments in affiliates   0   0        
Goodwill   0   0        
Right of use assets   0   0        
Deferred income taxes, net   (8,580)   (8,580)        
Other noncurrent assets   0   0        
Total assets   (16,795)   (16,795)        
Current maturities of long-term debt   0   0        
Accounts payable ($50,503, $57,795 and $50,625 related to CCJVs)   0   0        
Contract liabilities ($73,426, $20,994 and $16,951 related to CCJVs)   9,025   9,025        
Accrued expenses and other current liabilities ($4,553, $2,415 and $4,477 related to CCJVs)   12,031   12,031        
Total current liabilities   21,056   21,056        
Long-term debt   0   0        
Long-term lease liabilities   0   0        
Deferred income taxes, net   0   0        
Other long-term liabilities   0   0        
Commitments and contingencies (Note 18)            
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding   0   0        
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 45,655,682 shares as of September 30, 2020, 45,503,805 shares as of December 31, 2019 and 46,741,263 shares as of September 30, 2019   0   0        
Additional paid-in capital   0   0        
Accumulated other comprehensive loss   0   0        
Retained earnings   (34,046)   (34,046)        
Total Granite Construction Incorporated shareholders’ equity   (34,046)   (34,046)        
Non-controlling interests   (3,805)   (3,805)        
Total equity   (37,851)   (37,851)        
Total liabilities and equity   (16,795)   (16,795)        
Total revenue   22,090   69,425        
Total cost of revenue   (7,571)   (23,973)        
Gross profit   29,661   93,398        
Selling, general and administrative expenses   0   0        
Acquisition and integration expenses   0   0        
Gain on sales of property and equipment   0   0        
Operating income (loss)   29,661   93,398        
Interest income   0   0        
Interest expense   0   0        
Equity in income of affiliates, net   0   0        
Other (income) expense, net   0   0        
Total other income   0   0        
Income (loss) before provision for (benefit from) income taxes   29,661   93,398        
Provision for (benefit from) income taxes   7,898   26,145        
Net income (loss)   21,763   67,253        
Amount attributable to non-controlling interests   2,660   4,060        
Net income (loss) attributable to Granite Construction Incorporated   $ 24,423   $ 71,313        
Basic (in dollars per share)   $ 0.52   $ 1.52        
Diluted (in dollars per share)   $ 0.52   $ 1.52        
Basic (in shares)   46,788   46,771        
Diluted (in shares)   47,170   46,771        
Net (loss) income       $ 67,253        
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:                
Depreciation, depletion and amortization       0        
Gain on sales of property and equipment, net       0        
Deferred income taxes       35,188        
Stock-based compensation       0        
Equity in net loss from unconsolidated joint ventures       (77,334)        
Net income from affiliates       0        
Other non-cash adjustments       0        
Changes in assets and liabilities, net of the effect of an acquisition in 2019:                
Receivables       0        
Contract assets, net       (16,109)        
Inventories       0        
Contributions to unconsolidated construction joint ventures       0        
Distributions from unconsolidated construction joint ventures and affiliates       0        
Other assets, net       (8,998)        
Accounts payable       0        
Accrued expenses and other current liabilities, net       0        
Net cash used in operating activities       0        
Revision of Prior Period, Adjustment [Member] | Transportation [Member]                
Total revenue   $ 23,861   72,094        
Total cost of revenue       (24,647)        
Revision of Prior Period, Adjustment [Member] | Transportation [Member] | Accounting Standards Update 2016-02 [Member]                
Total cost of revenue   (8,245)            
Revision of Prior Period, Adjustment [Member] | Water [Member]                
Total revenue   (1,771)   (2,669)        
Total cost of revenue   674   674        
Revision of Prior Period, Adjustment [Member] | Specialty [Member]                
Total revenue   0   0        
Total cost of revenue   0   0        
Revision of Prior Period, Adjustment [Member] | Materials [Member]                
Total revenue   0   0        
Total cost of revenue   0   0        
Other Adjustments [Member]                
Cash and cash equivalents   0   0        
Short-term marketable securities   0   0        
Receivables, net ($32,028, $29,564 and $30,336 related to CCJVs)   2,016   2,016        
Contract assets ($27,528, $25,034 and $24,481 related to CCJVs)   (10,066)   (10,066)        
Inventories   0   0        
Equity in construction joint ventures   4,540   4,540        
Other current assets ($13,634, $13,350 and $10,765 related to CCJVs)   208   208        
Total current assets   (3,302)   (3,302)        
Property and equipment, net ($25,765, $31,136 and $27,752 related to CCJVs)   0   0        
Long-term marketable securities   0   0        
Investments in affiliates   0   0        
Goodwill   0   0        
Right of use assets   0   0        
Deferred income taxes, net   774   774        
Other noncurrent assets   (1,790)   (1,790)        
Total assets   (4,318)   (4,318)        
Current maturities of long-term debt   0   0        
Accounts payable ($50,503, $57,795 and $50,625 related to CCJVs)   215   215        
Contract liabilities ($73,426, $20,994 and $16,951 related to CCJVs)   (5,736)   (5,736)        
Accrued expenses and other current liabilities ($4,553, $2,415 and $4,477 related to CCJVs)   5,150   5,150        
Total current liabilities   (371)   (371)        
Long-term debt   0   0        
Long-term lease liabilities   0   0        
Deferred income taxes, net   0   0        
Other long-term liabilities   0   0        
Commitments and contingencies (Note 18)            
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding   0   0        
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 45,655,682 shares as of September 30, 2020, 45,503,805 shares as of December 31, 2019 and 46,741,263 shares as of September 30, 2019   0   0        
Additional paid-in capital   0   0        
Accumulated other comprehensive loss   0   0        
Retained earnings   (2,751)   (2,751)        
Total Granite Construction Incorporated shareholders’ equity   (2,751)   (2,751)        
Non-controlling interests   (1,196)   (1,196)        
Total equity   (3,947)   (3,947)        
Total liabilities and equity   (4,318)   (4,318)        
Total revenue   1,914   (6,857)        
Total cost of revenue   449   (4,407)        
Gross profit   1,465   (2,450)        
Selling, general and administrative expenses   0   0        
Acquisition and integration expenses   0   (1,475)        
Gain on sales of property and equipment   0   0        
Operating income (loss)   1,465   (975)        
Interest income   0   0        
Interest expense   0   0        
Equity in income of affiliates, net   0   0        
Other (income) expense, net   0   0        
Total other income   0   0        
Income (loss) before provision for (benefit from) income taxes   1,465   (975)        
Provision for (benefit from) income taxes   375   (210)        
Net income (loss)   1,090   (765)        
Amount attributable to non-controlling interests   (100)   563        
Net income (loss) attributable to Granite Construction Incorporated   $ 990   $ (202)        
Basic (in dollars per share)   $ 0.02   $ (0.00)        
Diluted (in dollars per share)   $ 0.02   $ (0.00)        
Basic (in shares)   46,788   46,771        
Diluted (in shares)   47,170   46,771        
Net (loss) income       $ (765)        
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:                
Depreciation, depletion and amortization       0        
Gain on sales of property and equipment, net       0        
Deferred income taxes       0        
Stock-based compensation       0        
Equity in net loss from unconsolidated joint ventures       (2,400)        
Net income from affiliates       0        
Other non-cash adjustments       0        
Changes in assets and liabilities, net of the effect of an acquisition in 2019:                
Receivables       (1,083)        
Contract assets, net       7,846        
Inventories       0        
Contributions to unconsolidated construction joint ventures       0        
Distributions from unconsolidated construction joint ventures and affiliates       0        
Other assets, net       (251)        
Accounts payable       (5,061)        
Accrued expenses and other current liabilities, net       1,714        
Net cash used in operating activities       0        
Other Adjustments [Member] | Transportation [Member]                
Total revenue   $ 1,360   (5,351)        
Total cost of revenue   234   (4,622)        
Other Adjustments [Member] | Water [Member]                
Total revenue   267   231        
Total cost of revenue   215   215        
Other Adjustments [Member] | Specialty [Member]                
Total revenue   287   (1,737)        
Total cost of revenue   0   0        
Other Adjustments [Member] | Materials [Member]                
Total revenue   0   0        
Total cost of revenue   $ 0   $ 0