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Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Total Granite Shareholders’ Equity
Non-controlling Interests
Beginning balances (in shares) at Dec. 31, 2022   43,743,907          
Beginning balances at Dec. 31, 2022 $ 985,145 $ 437 $ 470,407 $ 788 $ 481,384 $ 953,016 $ 32,129
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 7,878       17,601 17,601 (9,723)
Other comprehensive income (loss) 106     106   106  
Repurchases of common stock (shares) [1]   (96,936)          
Repurchases of common stock [1] (3,901)   (3,900)     (3,901)  
RSUs vested (shares)   272,528          
RSUs vested 0 $ 3 (3)        
Dividends on common stock (17,123)   226   (17,349) (17,123)  
RSUs vested 28,823           28,823
Stock-based compensation expense and other (in shares)   7,093          
Dividends on common stock ($0.13 per share per quarter) 8,894   8,894     8,894  
Capped call transactions (39,379)   (39,379)     (39,379)  
Redemption of warrants (13,201)   (13,201)     (13,201)  
Loss on debt extinguishment (shares)   1,390,500          
Extinguishment of debt 49,335 $ 14 49,321     49,335  
Exercise of bond hedge (in shares)   (1,390,516)          
Exercise of bond hedge 0 $ (14) 14        
Ending balances (in shares) at Sep. 30, 2023   43,926,576          
Ending balances at Sep. 30, 2023 1,006,577 $ 439 472,379 894 481,636 955,348 51,229
Beginning balances (in shares) at Jun. 30, 2023   43,918,798          
Beginning balances at Jun. 30, 2023 941,450 $ 439 470,511 795 429,797 901,542 39,908
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 57,496       57,624 57,624 (128)
Other comprehensive income (loss) 99     99   99  
Repurchases of common stock (shares)   (3,334)          
Repurchases of common stock (134) $ 0 (134)   0 (134)  
RSUs vested (shares)   11,166          
RSUs vested 0 $ 0 0        
Dividends on common stock (5,709)   76   (5,785) (5,709)  
RSUs vested 11,449           11,449
Stock-based compensation expense and other (in shares)   (54)          
Dividends on common stock ($0.13 per share per quarter) 1,926   1,926     1,926  
Ending balances (in shares) at Sep. 30, 2023   43,926,576          
Ending balances at Sep. 30, 2023 $ 1,006,577 $ 439 472,379 894 481,636 955,348 51,229
Beginning balances (in shares) at Dec. 31, 2023 43,944,118 43,944,118          
Beginning balances at Dec. 31, 2023 $ 1,026,966 $ 439 474,134 881 501,844 977,298 49,668
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 93,392       84,863 84,863 8,529
Other comprehensive income (loss) (444)     (444)   (444)  
Repurchases of common stock (shares) [1]   (370,113)          
Repurchases of common stock (21,385) [1] $ (3) [1] (20,877) [1]   (505) (21,385) [1]  
RSUs vested (shares)   375,704          
RSUs vested 0 $ 4 (4)        
Dividends on common stock (17,100)   225   (17,325) (17,100)  
RSUs vested 4,388           4,388
Stock-based compensation expense and other (in shares)   4,350          
Dividends on common stock ($0.13 per share per quarter) 17,585   17,585     17,585  
Capped call transactions (34,189)   (34,189)     (34,189)  
Redemption of warrants 466   466     466  
Exercise of bond hedge (in shares)   (260,883)          
Exercise of bond hedge $ 0 $ (3) 3        
Ending balances (in shares) at Sep. 30, 2024 43,704,841 43,704,841          
Ending balances at Sep. 30, 2024 $ 1,069,679 $ 437 437,343 437 568,877 1,007,094 62,585
Beginning balances (in shares) at Jun. 30, 2024   43,686,508          
Beginning balances at Jun. 30, 2024 987,415 $ 437 435,271 270 495,679 931,657 55,758
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 83,977       78,951 78,951 5,026
Other comprehensive income (loss) 167     167   167  
Repurchases of common stock (shares)   (3,546)          
Repurchases of common stock (241) $ 0 (241)   0 (241)  
RSUs vested (shares)   10,264          
Dividends on common stock (5,680)   73   (5,753) (5,680)  
RSUs vested 1,801           1,801
Stock-based compensation expense and other (in shares)   (50)          
Dividends on common stock ($0.13 per share per quarter) $ 2,240   2,240     2,240  
Ending balances (in shares) at Sep. 30, 2024 43,704,841 43,704,841          
Ending balances at Sep. 30, 2024 $ 1,069,679 $ 437 $ 437,343 $ 437 $ 568,877 $ 1,007,094 $ 62,585
[1] This amount represents employee tax withholding for RSUs vested under our equity incentive plans in 2024 and 2023 and stock repurchased in 2024 under the Board approved repurchase plan. During the nine months ended September 30, 2024 and 2023, there were 145,113 shares and 96,936 shares, respectively, withheld related to employee taxes for RSUs. During the nine months ended September 30, 2024, we also repurchased 225,000 shares under the share repurchase program.