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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, 2023   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 9,415       5,912 5,912 3,503
Other comprehensive income (loss) (611)     (611)   (611)  
Repurchases of common stock (shares) [1]   (366,567)          
Repurchases of common stock [1] (21,144) $ (3) (20,636)   (505) (21,144)  
RSUs vested (shares)   365,440          
RSUs vested 0 $ 4 (4)        
Dividends on common stock (11,420)   152   (11,572) (11,420)  
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        
Transactions with non-controlling interests 2,587           2,587
Stock-based compensation expense and other (in shares)   4,400          
Stock-based compensation expense and other 15,345   15,345     15,345  
Ending balances (in shares) at Jun. 30, 2024   43,686,508          
Ending balances at Jun. 30, 2024 $ 987,415 $ 437 435,271 270 495,679 931,657 55,758
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends on common stock (USD per share) $ 0.13            
Beginning balances (in shares) at Mar. 31, 2024   44,149,644          
Beginning balances at Mar. 31, 2024 $ 1,004,605 $ 441 479,679 1,290 465,048 946,458 58,147
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 38,857       36,895 36,895 1,962
Other comprehensive income (loss) (1,020)     (1,020)   (1,020)  
Repurchases of common stock (shares) [2]   (231,133)          
Repurchases of common stock [2] (13,726) $ (1) (13,220)   (505) (13,726)  
RSUs vested (shares)   24,046          
RSUs vested 0            
Dividends on common stock (5,680)   79   (5,759) (5,680)  
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        
Transactions with non-controlling interests (4,351)           (4,351)
Stock-based compensation expense and other (in shares)   4,834          
Stock-based compensation expense and other 2,453   2,453     2,453  
Ending balances (in shares) at Jun. 30, 2024   43,686,508          
Ending balances at Jun. 30, 2024 $ 987,415 $ 437 435,271 270 495,679 931,657 55,758
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends on common stock (USD per share) $ 0.13            
Beginning balances (in shares) at Dec. 31, 2024 43,424,646 43,424,646          
Beginning balances at Dec. 31, 2024 $ 1,079,363 $ 434 410,739 (582) 604,635 1,015,226 64,137
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 52,018       38,044 38,044 13,974
Other comprehensive income (loss) 1,579     1,579   1,579  
Repurchases of common stock (shares) [1]   (200,738)          
Repurchases of common stock [1] (15,317) $ (2) (15,315)     (15,317)  
RSUs vested (shares)   550,360          
RSUs vested 0 $ 6 (6)        
Dividends on common stock (11,377)   144   (11,521) (11,377)  
Transactions with non-controlling interests (26,504)           (26,504)
Stock-based compensation expense and other (in shares)   4,516          
Stock-based compensation expense and other $ 34,593   34,593     34,593  
Ending balances (in shares) at Jun. 30, 2025 43,778,784 43,778,784          
Ending balances at Jun. 30, 2025 $ 1,114,355 $ 438 430,155 997 631,158 1,062,748 51,607
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends on common stock (USD per share) $ 0.13            
Beginning balances (in shares) at Mar. 31, 2025   43,737,491          
Beginning balances at Mar. 31, 2025 $ 1,038,292 $ 437 427,804 65 565,223 993,529 44,763
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 80,345       71,700 71,700 8,645
Other comprehensive income (loss) 932     932   932  
Repurchases of common stock (shares) [2]   (2,518)          
Repurchases of common stock [2] (109)   (109)     (109)  
RSUs vested (shares)   38,748          
RSUs vested 0 $ 1 (1)        
Dividends on common stock (5,691)   74   (5,765) (5,691)  
Transactions with non-controlling interests (1,801)           (1,801)
Stock-based compensation expense and other (in shares)   5,063          
Stock-based compensation expense and other $ 2,387   2,387     2,387  
Ending balances (in shares) at Jun. 30, 2025 43,778,784 43,778,784          
Ending balances at Jun. 30, 2025 $ 1,114,355 $ 438 $ 430,155 $ 997 $ 631,158 $ 1,062,748 $ 51,607
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends on common stock (USD per share) $ 0.13            
[1] Represents shares withheld related to employee taxes for RSUs vested under our equity incentive plans in 2025 and 2024, as well as 200 and 225,000 shares repurchased under our share repurchase program in 2025 and 2024, respectively.
[2] Represents shares withheld related to employee taxes for RSUs vested under our equity incentive plans in 2025 and 2024, as well as 225,000 shares repurchased under our share repurchase program in 2024.