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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Total revenue $ 915,771 $ 866,092 $ 1,551,698 $ 1,447,905
Cost of revenue        
Total cost of revenue 827,428 819,334 1,439,556 1,400,009
Gross profit 88,343 46,758 112,142 47,896
Selling, general and administrative expenses 91,682 70,998 170,063 151,153
Acquisition and integration expenses 0 9,177 0 11,025
Non-cash impairment charges (See Note 4) 0 0 24,413 0
Gain on sales of property and equipment (1,190) (4,935) (1,813) (6,835)
Operating loss (2,149) (28,482) (80,521) (107,447)
Other (income) expense        
Interest income (767) (1,728) (2,058) (4,544)
Interest expense 6,549 4,158 11,543 8,172
Equity in income of affiliates, net (2,016) (2,594) (2,062) (3,884)
Other (income) expense, net (3,160) (759) 2,059 (2,521)
Total other expense (income) 606 (923) 9,482 (2,777)
Loss before benefit from income taxes (2,755) (27,559) (90,003) (104,670)
Benefit from income taxes (1,782) (5,913) (16,492) (23,263)
Net loss (973) (21,646) (73,511) (81,407)
Amount attributable to non-controlling interests 4,378 (2,596) 11,546 (5,305)
Net income (loss) attributable to Granite Construction Incorporated $ 3,405 $ (24,242) $ (61,965) $ (86,712)
Net income (loss) per share attributable to common shareholders (See Note 16)        
Basic (in dollars per share) $ 0.07 $ (0.52) $ (1.36) $ (1.85)
Diluted (in dollars per share) $ 0.07 $ (0.52) $ (1.36) $ (1.85)
Weighted average shares of common stock        
Basic (in shares) 45,620 46,824 45,570 46,762
Diluted (in shares) 46,281 46,824 45,570 46,762
Transportation [Member]        
Revenue        
Total revenue $ 535,101 $ 481,746 $ 886,002 $ 783,710
Cost of revenue        
Total cost of revenue 503,904 481,247 829,436 799,559
Water [Member]        
Revenue        
Total revenue 109,724 112,070 211,381 211,152
Cost of revenue        
Total cost of revenue 97,145 101,568 189,455 192,704
Specialty [Member]        
Revenue        
Total revenue 174,914 174,629 307,953 313,753
Cost of revenue        
Total cost of revenue 149,634 152,874 293,392 278,700
Materials [Member]        
Revenue        
Total revenue 96,032 97,647 146,362 139,290
Cost of revenue        
Total cost of revenue $ 76,745 $ 83,645 $ 127,273 $ 129,046