Granite Construction Stock Income Statements

Granite Construction Quarterly Income Statements Chart

Quarterly

Annual

Revenue

Gross Profit

Operating Profit

Net Income

Granite Construction Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2010-12-31	2009-12-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-06-30	2002-03-31

revenue	1,125,964,000	699,547,000
cost of revenue	926,865,000	615,698,000
gross profit	199,099,000	83,849,000	150,752,000	202,949,000	164,711,000	54,285,000	94,311,000	166,643,000	103,086,000	32,359,000	69,295,000	119,935,000	98,232,000	49,775,000	5,357,000	119,935,000	116,946,000	63,318,000	106,649,000	125,997,000	88,343,000	23,799,000	91,432,000	-52,404,000	40,478,000	108,049,000	144,491,000	80,369,000	56,283,000	100,707,000	114,530,000	74,570,000	25,126,000	81,250,000	107,674,000	73,201,000	39,245,000	96,583,000	100,898,000	65,768,000	40,109,000	79,791,000	66,692,000	82,415,000	21,408,000	49,613,000	54,396,000	51,197,000	30,058,000	56,808,000	101,099,000	51,916,000	24,936,000	79,126,000	93,893,000	44,956,000			116,698,000	144,302,000	109,026,000	98,694,000	136,637,000	127,634,000	48,036,000	56,443,000	105,932,000	93,110,000	40,235,000	106,024,000	109,701,000	76,707,000	26,940,000	41,444,000	95,348,000	59,744,000	10,684,000				33,017,000		26,912,000
yoy	20.88%	54.46%	59.85%	21.79%	59.78%	67.76%	36.10%	38.94%	4.94%	-34.99%	1193.54%	0.00%	-16.00%	-21.39%	-94.98%	-4.81%	32.38%	166.05%	16.64%	-340.43%	118.25%	-77.97%	-36.72%	-165.20%	-28.08%	7.29%	26.16%	7.78%	124.00%	23.95%	6.37%	1.87%	-35.98%	-15.88%	6.72%	11.30%	-2.15%	21.04%	51.29%	-20.20%	87.36%	60.83%	22.60%	60.98%	-28.78%	-12.67%	-46.20%	-1.38%	20.54%	-28.21%	7.67%	15.48%			-19.54%	-68.85%			-14.59%	13.06%	126.97%	74.86%	28.99%	37.08%	19.39%	-46.76%	-3.44%	21.38%	49.35%	155.82%	15.05%	28.39%	152.15%				-67.64%
qoq	137.45%	-44.38%	-25.72%	23.22%	203.42%	-42.44%	-43.41%	61.65%	218.57%	-53.30%	-42.22%	22.09%	97.35%	829.16%	-95.53%	2.56%	84.70%	-40.63%	-15.36%	42.62%	271.20%	-73.97%	-274.48%	-229.46%	-62.54%	-25.22%	79.78%	42.79%	-44.11%	-12.07%	53.59%	196.78%	-69.08%	-24.54%	47.09%	86.52%	-59.37%	-4.28%	53.42%	63.97%	-49.73%	19.64%	-19.08%	284.97%	-56.85%	-8.79%	6.25%	70.33%	-47.09%	-43.81%	94.74%	108.20%	-68.49%	-15.73%	108.86%				-19.13%	32.36%	10.47%	-27.77%	7.05%	165.70%	-14.89%	-46.72%	13.77%	131.42%	-62.05%	-3.35%	43.01%	184.73%	-35.00%	-56.53%	59.59%	459.19%
gross margin %			19.90%	15.91%	15.22%	8.07%	10.10%	14.92%	11.47%	5.78%	11.45%	11.29%	11.77%	9.09%	1.71%	11.29%	12.13%	9.45%	11.28%	11.83%	9.65%	3.74%	8.40%	-6.64%	6.53%	12.11%	13.69%	9.96%	9.99%	12.57%	11.97%	9.77%	5.36%	12.19%	13.39%	12.11%	8.93%	15.33%	13.43%	11.55%	9.54%	13.53%	9.27%	14.07%	5.64%	8.32%	7.34%	9.31%	7.94%	11.25%	13.88%	9.62%	8.04%	14.67%	12.89%	9.28%			18.60%	16.07%	15.70%	21.70%	16.14%	16.56%	9.85%	7.84%	11.25%	11.47%	8.11%	15.60%	12.69%	11.34%	6.40%	10.39%	13.62%	10.69%	3.17%
selling, general and administrative expenses	85,887,000	115,911,000	84,467,000	91,650,000	70,052,000	87,993,000	81,987,000	74,794,000	64,563,000	73,122,000	45,210,000	77,603,000	58,628,000	58,501,000	15,683,000	77,603,000	74,069,000	75,728,000	100,752,000	82,505,000	91,682,000	78,381,000	73,424,000	69,998,000	81,155,000	79,439,000	70,769,000	61,316,000	61,252,000	60,085,000	49,501,000	51,388,000	61,837,000	60,267,000	54,194,000	48,705,000	56,133,000	55,965,000	50,077,000	49,094,000	52,203,000	56,090,000	47,386,000	51,098,000	49,247,000	49,248,000	46,586,000	46,454,000	57,659,000	59,825,000	41,280,000	40,806,000	43,188,000	30,319,250	39,112,000	38,793,000
other costs	13,253,000	9,426,000	10,158,000	8,543,000	10,225,000	11,010,000	12,244,000	19,843,000	13,607,000	4,523,000	-61,427,000	3,759,000	5,868,000	8,214,000	9,608,000	3,759,000	5,953,000	75,835,000
gain on sales of property and equipment	-3,606,000	-1,737,000	-4,417,000	-1,542,000	-1,387,000	-1,418,000	-20,553,000	-1,812,000	-3,944,000	-2,037,000	26,732,000	-5,159,000	-1,052,000	-332,000	5,568,000	-5,159,000	-31,636,000	-2,554,000	-2,060,000	-3,057,000	-1,190,000	-623,000	-7,101,000	-4,935,000	-1,900,000	-2,606,000	-3,018,000	-1,505,000	-543,000	-1,352,000	-1,753,000	-807,000	-270,000	-5,994,000	-398,000	-1,366,000	-600,000	-6,196,000	-804,000	-475,000	-811,000	-22,863,000	3,004,000	2,993,000	894,000	4,477,000	3,259,000	3,306,000	1,087,000	20,954,000	1,622,000	2,954,000	1,917,000	4,217,000	5,598,000	3,270,000			939,000	2,008,000	2,155,000	401,000	2,994,000	4,346,000	713,000	891,000	1,230,000	4,049,000	4,238,000	3,579,000	2,441,000	2,189,000	26,000	1,489,000	2,638,000	1,109,000	13,330,000	1,168,000	3,018,000	232,000	296,000	415,000	216,000
operating income	103,565,000	-39,751,000	60,544,000	104,298,000	85,821,000	-43,300,000	20,633,000	73,818,000	28,860,000	-43,249,000	58,780,000	43,732,000	34,788,000	-16,608,000	-25,502,000	43,732,000	68,560,000	-85,691,000	7,977,000	-85,801,000	-2,149,000	-78,372,000	22,365,000	-126,644,000	-42,100,000	15,201,000	67,406,000	-5,729,000	-12,835,000	44,385,000	66,782,000	23,989,000	-36,441,000	28,902,000	53,878,000	25,862,000	-16,288,000	52,817,000	51,625,000	17,149,000	-11,283,000	35,425,000	22,310,000	34,310,000	-26,945,000	-47,320,000	10,595,000	8,049,000	-26,016,000	21,665,000	61,441,000	14,064,000	-16,335,000	40,137,000	60,379,000	9,433,000			58,449,000	74,377,000	45,421,000	38,444,000	75,965,000	66,850,000	-5,588,000	-4,407,000	48,602,000	48,224,000	-3,783,000	55,836,000	61,993,000	28,990,000	-11,904,000	16,597,000	53,979,000	24,939,000	-12,530,000				-3,533,000		-3,543,000
yoy	20.68%	-8.20%	193.43%	41.29%	197.37%	0.12%	-64.90%	68.80%	-17.04%	160.41%	-330.49%	0.00%	-49.26%	-80.62%	-419.69%	-150.97%	-3290.32%	9.34%	-64.33%	-32.25%	-94.90%	-615.57%	-66.82%	2110.58%	228.01%	-65.75%	0.93%	-123.88%	-64.78%	53.57%	23.95%	-7.24%	123.73%	-45.28%	4.36%	50.81%	44.36%	49.10%	131.40%	-50.02%	-58.13%	-174.86%	110.57%	326.26%	3.57%	-318.42%	-82.76%	-42.77%	59.27%	-46.02%	1.76%	49.09%			3.30%	-87.32%			-23.06%	11.26%	-912.83%	-972.34%	56.30%	38.62%	47.71%	-107.89%	-21.60%	66.35%	-68.22%	236.42%	14.85%	16.24%	-5.00%				254.66%
qoq	-360.53%	-165.66%	-41.95%	21.53%	-298.20%	-309.86%	-72.05%	155.78%	-166.73%	-173.58%	34.41%	25.71%	-309.47%	-34.88%	-158.31%	-36.21%	-180.01%	-1174.23%	-109.30%	3892.60%	-97.26%	-450.42%	-117.66%	200.82%	-376.96%	-77.45%	-1276.58%	-55.36%	-128.92%	-33.54%	178.39%	-165.83%	-226.08%	-46.36%	108.33%	-258.78%	-130.84%	2.31%	201.04%	-251.99%	-131.85%	58.79%	-34.98%	-227.33%	-43.06%	-546.63%	31.63%	-130.94%	-220.08%	-64.74%	336.87%	-186.10%	-140.70%	-33.52%	540.08%				-21.42%	63.75%	18.15%	-49.39%	13.64%	-1296.31%	26.80%	-109.07%	0.78%	-1374.76%	-106.78%	-9.93%	113.84%	-343.53%	-171.72%	-69.25%	116.44%	-299.03%
operating margin %			7.99%	8.18%	7.93%	-6.44%	2.21%	6.61%	3.21%	-7.72%	9.72%	4.12%	4.17%	-3.03%	-8.13%	4.12%	7.11%	-12.79%	0.84%	-8.06%	-0.23%	-12.32%	2.06%	-16.04%	-6.79%	1.70%	6.39%	-0.71%	-2.28%	5.54%	6.98%	3.14%	-7.78%	4.34%	6.70%	4.28%	-3.71%	8.38%	6.87%	3.01%	-2.68%	6.01%	3.10%	5.86%	-7.09%	-7.93%	1.43%	1.46%	-6.87%	4.29%	8.43%	2.61%	-5.27%	7.44%	8.29%	1.95%			9.32%	8.28%	6.54%	8.45%	8.98%	8.67%	-1.15%	-0.61%	5.16%	5.94%	-0.76%	8.22%	7.17%	4.28%	-2.83%	4.16%	7.71%	4.46%	-3.72%
other income	-2,462,000	-63,000	-2,888,000	-874,000	1,267,000	-1,743,000	-3,307,000	462,000	-1,225,000	-1,950,000	4,057,000	106,000	-1,800,000	1,382,000	-2,026,000	106,000	-1,894,000	-1,230,000	-4,295,000	-1,967,000	-3,160,000	5,219,000	127,000	-759,000	-1,762,000	539,000	-1,533,000	-940,000	268,000	-1,878,000	-1,309,000	-642,000	-870,000	-685,000	-732,000	-3,183,000	-1,372,000	-622,000	27,000	-152,000	-1,284,000	-2,333,000	-1,196,000	1,697,000	-51,000	330,000	1,022,000	-495,000	1,103,000	2,317,000	2,013,000	-5,018,000	6,871,000	-2,594,000	-1,833,000	-688,000
loss on debt extinguishment					27,824,000				51,052,000
interest income	-5,761,000	-6,268,000	-6,534,000	-7,513,000	-3,600,000	-6,702,000	-6,251,000	-4,293,000	-3,232,000	-3,762,000	-5,791,000	-293,000	-162,000	-623,000	-441,000	-293,000	-188,000	-256,000	-283,000	-755,000	-767,000	-1,291,000	-1,713,000	-1,728,000	-2,816,000	-1,855,000	-1,533,000	-1,173,000	-1,521,000	-1,386,000	-1,141,000	-1,164,000	-1,051,000	-801,000	-790,000	-798,000	-836,000	-574,000	-591,000	-528,000	-442,000	-3,215,000	451,000	413,000	479,000	675,000	602,000	380,000	129,000	486,000	485,000	611,000	1,044,000	583,000	476,000	575,000			3,358,000	5,439,000	3,593,000	6,055,000	7,514,000	6,439,000	6,843,000	7,380,000	7,055,000	4,944,000	4,733,000	4,753,000	2,693,000	1,968,000	2,159,000	3,894,000	1,353,000	1,317,000	1,398,000	1,789,000	1,145,000	2,002,000	1,486,000	1,902,000	1,990,000
interest expense	7,927,000	7,757,000	7,863,000	7,905,000	5,337,000	8,083,000	6,563,000	4,877,000	4,131,000	2,891,000	-3,395,000	5,131,000	5,502,000	3,575,000	4,263,000	5,131,000	5,507,000	5,381,000	6,298,000	6,359,000	6,549,000	4,994,000	4,839,000	4,158,000	4,014,000	4,481,000	4,452,000	3,203,000	2,435,000	2,703,000	2,660,000	2,694,000	2,743,000	3,096,000	3,034,000	3,187,000	3,049,000	3,291,000	3,485,000	3,985,000	3,496,000	24,585,000	-2,488,000	-4,339,000	-3,599,000	-3,305,000	-3,736,000	-3,700,000	-3,646,000	-2,033,000	-2,561,000	-2,827,000	-3,182,000	-2,709,000	-3,418,000	-879,000			-3,130,000	-5,303,000	-3,058,000	-4,510,000	-1,884,000	-2,028,000	-1,086,000	-387,000	-1,319,000	-1,391,000	-1,395,000	-1,531,000	-1,734,000	-1,636,000	-2,031,000	-1,779,000	-1,813,000	-1,859,000	-1,740,000	-2,000,000	-1,939,000	-2,529,000	-2,109,000	-2,531,000	-1,645,000
equity in income of affiliates	-3,698,000	-1,094,000	-4,061,000	-4,394,000	-4,557,000	-3,970,000	-6,370,000	-7,147,000	-7,044,000	-5,187,000	-2,993,000	-2,539,000	-2,607,000		7,113,000	-2,539,000	-6,231,000	-1,808,000	-4,368,000	-2,353,000	-2,016,000	-46,000	-6,275,000	-2,594,000	-1,290,000	-1,408,000	-1,769,000	-3,534,000	-224,000	-2,200,000	-2,732,000	-1,259,000	-916,000	-2,594,000	-2,424,000	-717,000		-1,448,000	-1,155,000	-670,000		-3,211,000	1,109,000	410,000	791,000	1,031,000	-2,000	698,000		1,608,000	1,481,000			750,000	1,881,000				378,000	-1,257,000	528,000	-707,000	4,037,000	-29,000	351,000	636,000	770,000	828,000		1,489,000	85,000	-17,000	-60,000	3,286,000	3,000	2,766,000	107,000	-431,000	-37,000	110,000	18,015,000
total other income	-3,994,000	332,000	-5,620,000	-5,148,000	26,271,000	-4,332,000	-9,365,000	-6,101,000	43,682,000	-8,008,000	-8,122,000	2,405,000	933,000	4,640,000	8,909,000	2,405,000	-2,806,000	2,087,000	-2,648,000	1,284,000	606,000	8,876,000	-3,022,000	-923,000	-1,854,000	1,757,000	-383,000	-2,444,000	958,000	-2,761,000	-2,522,000	-371,000	-94,000	-984,000	-912,000	-1,511,000	-601,000	647,000	1,766,000	2,635,000	1,833,000	15,826,000	-2,124,000	-1,819,000	-2,380,000	-1,269,000	-2,114,000	-3,117,000	-2,837,000	2,378,000	1,418,000	-7,718,000	4,116,000	-3,970,000	-2,894,000	-1,173,000			6,763,000	-572,000	1,247,000	9,301,000	9,276,000	3,949,000	5,875,000	7,533,000	6,498,000	7,695,000	2,655,000	6,517,000	1,220,000	-336,000
income before income taxes	107,559,000	-40,083,000	66,164,000	109,446,000	59,550,000	-38,968,000	29,998,000	79,919,000	-14,822,000	-35,241,000	66,902,000	41,327,000																																																																							-2,628,000
benefit from income taxes	27,214,000	-11,756,000	19,113,000	25,469,000	20,693,000	-9,526,000	8,289,000	22,423,000	9,024,000	-9,469,000	10,892,000	8,904,000			517,000	8,904,000	15,619,000	-22,455,000	4,938,000	11,272,000	-1,782,000	-14,710,000	3,474,000		-9,165,000	3,057,000	8,692,000	2,796,000	-4,131,000	11,821,000	21,249,000	8,088,000	-12,496,000	9,720,000	16,703,000	8,916,000	-5,177,000	17,031,000	17,679,000	4,975,000	-4,506,000	11,420,000	6,081,000	10,284,000	-8,064,000	-808,750	4,026,000	1,766,000	-9,027,000	5,669,000	17,113,000	1,859,000	-3,532,000	11,375,000	15,109,000	2,087,000			21,011,000	21,473,000	13,081,000	12,127,000	25,437,000	22,154,000	89,000	-390,000	22,796,000	17,045,000	-773,000	18,094,000	18,791,000	8,220,000	-3,692,000	6,718,000	16,904,000	9,239,000	-4,384,000	8,214,000	15,131,000	6,718,000	5,241,000	10,394,000	-985,000
net income	80,345,000	-28,327,000	47,051,000	83,977,000	38,857,000	-29,442,000	21,709,000	57,496,000	-23,846,000	-25,772,000	56,010,000	32,423,000	55,747,000	-9,821,000	-20,433,000	32,423,000	55,747,000	-65,323,000	5,687,000	-98,357,000	-973,000	-72,538,000	21,913,000	-93,961,000	-31,081,000	10,387,000	59,097,000	-6,081,000	-9,662,000	35,325,000	48,055,000	16,272,000	-23,851,000	20,166,000	38,087,000	18,457,000	-10,510,000	35,139,000	32,180,000	9,539,000	-8,610,000	20,825,000	14,105,000	22,207,000	-21,261,000	-32,561,000	4,455,000	3,166,000	-19,826,000	18,374,000	45,746,000	4,487,000	-8,687,000	24,792,000	42,376,000	6,173,000			31,925,000	51,738,000	25,618,000	13,123,000	53,300,000	43,846,000	-2,249,000	2,917,000	45,725,000	33,289,000	-1,422,000	35,812,000	40,651,000	14,954,000	-8,267,000	9,370,500	32,785,000	13,806,000	-9,109,000				10,018,000		-1,643,000
yoy	106.77%	-3.79%	116.73%	46.06%	-262.95%	14.24%	-61.24%	77.33%	-142.78%	162.42%	-374.12%	0.00%	0.00%	-84.97%	-459.29%	-132.96%	-5829.39%	-9.95%	-74.05%	4.68%	-96.87%	-798.35%	-62.92%	1445.16%	221.68%	-70.60%	22.98%	-137.37%	-59.49%	75.17%	26.17%	-11.84%	126.94%	-42.61%	18.36%	93.49%	22.07%	68.73%	128.15%	-57.05%	-59.50%	-163.96%	216.61%	601.42%	7.24%	-277.21%	-90.26%	-29.44%	128.23%	-25.89%	7.95%	-27.31%			32.74%	-88.07%			-40.10%	18.00%	-1239.08%	349.88%	16.57%	31.71%	58.16%	-91.85%	12.48%	122.61%	-82.80%	282.18%	23.99%	8.32%	-9.24%				-190.93%
qoq	-383.63%	-160.20%	-43.97%	116.12%	-231.98%	-235.62%	-62.24%	-341.11%	-7.47%	-146.01%	72.75%	-41.84%	-667.63%	-51.94%	-163.02%	-41.84%	-185.34%	-1248.64%	-105.78%	10008.63%	-98.66%	-431.03%	-123.32%	202.31%	-399.23%	-82.42%	-1071.83%	-37.06%	-127.35%	-26.49%	195.32%	-168.22%	-218.27%	-47.05%	106.36%	-275.61%	-129.91%	9.20%	237.35%	-210.79%	-141.34%	47.64%	-36.48%	-204.45%	-34.70%	-830.89%	40.71%	-115.97%	-207.90%	-59.83%	919.52%	-151.65%	-135.04%	-41.50%	586.47%				-38.29%	101.96%	95.21%	-75.38%	21.56%	-2049.58%	-177.10%	-93.62%	37.36%	-2441.00%	-103.97%	-11.90%	171.84%	-280.89%	-188.22%	-71.42%	137.47%	-251.56%
net income margin %			6.21%	6.58%	3.59%	-4.38%	2.33%	5.15%	-2.65%	-4.60%	9.26%	3.05%	6.68%	-1.79%	-6.51%	3.05%	5.78%	-9.75%	0.60%	-9.23%	-0.11%	-11.41%	2.01%	-11.90%	-5.01%	1.16%	5.60%	-0.75%	-1.72%	4.41%	5.02%	2.13%	-5.09%	3.02%	4.74%	3.05%	-2.39%	5.58%	4.28%	1.68%	-2.05%	3.53%	1.96%	3.79%	-5.60%	-5.46%	0.60%	0.58%	-5.24%	3.64%	6.28%	0.83%	-2.80%	4.59%	5.82%	1.27%			5.09%	5.76%	3.69%	2.89%	6.30%	5.69%	-0.46%	0.41%	4.86%	4.10%	-0.29%	5.27%	4.70%	2.21%	-1.96%	2.35%	4.68%	2.47%	-2.70%
amount attributable to non-controlling interests	-8,645,000	-5,329,000	-5,568,000	-5,026,000	-1,962,000	-1,541,000	4,289,000	128,000	6,846,000	2,749,000	3,983,000	2,620,000			115,500	2,620,000	-1,286,000	-872,000	2,323,000	7,195,000	4,378,000	7,168,000	-1,425,000	-3,875,000	-3,493,000	-3,841,000	-3,425,000	-2,304,000	-1,761,000	-2,552,000	-2,073,000	-2,139,000	61,000	-3,091,000	-982,000	-4,327,000	-678,000	-6,466,000	-1,421,000	74,000	50,000	-3,849,000	1,177,000	-8,566,000	708,000
net income attributable to granite construction incorporated	71,700,000	-33,656,000	41,483,000	78,951,000	36,895,000	-30,983,000	25,998,000	57,624,000	-17,000,000	-23,023,000	59,993,000	35,043,000	54,461,000	-12,939,000	-13,213,000	35,043,000	54,461,000	-66,195,000	8,010,000	-91,162,000	3,405,000	-65,370,000	20,488,000	-97,836,000	-34,574,000	6,546,000	55,672,000	-8,385,000	-11,423,000	32,773,000	45,982,000	14,133,000	-23,790,000	17,075,000	37,105,000	14,130,000	-11,188,000	28,673,000	30,759,000	9,613,000	-8,560,000	16,976,000	15,282,000	13,641,000	-20,553,000	-28,156,000	10,997,000	2,718,000	-21,982,000	17,986,000	37,121,000	1,949,000	-11,773,000	18,754,000	36,468,000	4,946,000
net income per share
basic	1.64	-0.77	0.483	1.81	0.84	-0.7	0.1	1.31	-0.39	-0.53					0.128	0.76	1.19	-1.45	0.18	-2	0.07	-1.44	0.44	-2.09	-0.74	0.13	1.2	-0.2	-0.29	0.83	1.15	0.35	-0.6	0.43	0.94	0.36	-0.28	0.73	0.78	0.24	-0.22	0.44	0.39	0.35	-0.53	-0.73	0.28	0.07	-0.57	0.46	0.96	0.05	-0.31	0.48	0.94	0.13			850	1,380	0.68	0.34	1.3	1.07		0.07	1.12	0.81		0.88	1	0.37		0.48	0.81	0.34	-0.23	0.35	0.64	0.27	0.25	0.41	-0.04
diluted	1.42	-0.77	0.448	1.57	0.76	-0.7	0.1	1.13	-0.39	-0.53					0.123	0.73	1.14	-1.45	0.18	-2	0.07	-1.44	0.43	-2.09	-0.74	0.12	1.17	-0.2	-0.29	0.81	1.14	0.35	-0.6	0.42	0.92	0.35	-0.28	0.72	0.77	0.24	-0.22	0.43	0.38	0.34	-0.53	-0.73	0.28	0.07	-0.57	0.45	0.94	0.05	-0.31	0.48	0.93	0.13			840	1,360	0.68	0.34	1.28	1.05		0.07	1.1	0.8		0.87	0.98	0.36		0.48	0.8	0.34	-0.23	0.34	0.63	0.26	0.25	0.41	-0.04
weighted-average shares outstanding:
basic	43,746	43,463	43,846	43,696	44,060	43,988	43,879	43,924	43,892	43,764	44,485	45,821	45,798	45,730	45,788	45,821	45,798	45,697	45,614	45,654	45,620	45,520	46,788	46,824	46,699	43,564	46,308	41,044	39,908	39,795	39,844	39,827	39,649	39,557	39,599	39,584	39,433	39,337	39,378	39,358	39,215	39,096	39,150	39,115	38,951	38,803	38,876	38,829	38,610	38,447	38,518	38,471	38,265	38,117	38,172	38,140			37,606,000	37,430,000	37,426	38,139	41,106	41,096		40,874	40,923	40,896		40,614	40,656	40,638		40,390	40,433	40,417	40,266	40,175		40,212	40,048	40,006	39,920
diluted	52,755	43,463	52,514	52,366	52,727	43,988	52,565	53,612	43,892	43,764	52,326	47,906	47,798	45,730	45,788	47,906	47,798	45,697	45,614	45,654	46,281	45,520	47,170	46,824	46,699	44,025	47,810	41,044	39,908	40,372	40,387	40,393	39,649	40,225	40,313	40,302	39,433	39,868	39,897	39,881	39,215	39,795	39,813	39,807	38,951	38,803	39,759	39,769	38,610	39,076	39,141	39,151	38,265	38,473	38,598	38,479			38,106,000	37,975,000	37,929	38,513	41,640	41,631		41,471	41,546	41,466		41,249	41,340	41,212		41,031	41,083	41,018	40,266	40,808		40,802	40,510	40,818	39,920
revenue:
construction			648,468,000	1,080,705,000	917,954,000	595,213,000	793,727,000	945,698,000	749,413,000	503,416,000	434,087,000	924,454,000	713,425,000	474,935,000														432,225,000	269,243,000	429,444,000	579,146,000	429,269,000	226,849,000	359,741,000	464,624,000	331,346,000	209,487,000	341,532,000	427,018,000	305,605,000	188,520,000	313,088,000	447,097,000	269,220,000	157,040,000	294,910,000	470,567,000	308,602,000	177,119,000	235,303,000	385,744,000	245,113,000	117,946,000	259,221,000	431,101,000	260,600,000			556,659,000	771,941,000	580,943,000	402,573,000	701,622,000	660,384,000	421,549,000	613,324,000	808,297,000	703,486,000	434,338,000	583,831,000	756,390,000	592,128,000	374,713,000	477,989,000	608,800,000	487,718,000	297,352,000	429,212,000	496,669,000	403,399,000	262,466,000	397,326,000	237,862,000
materials			109,099,750	194,805,000	164,532,000	77,062,000	139,971,000	171,122,000	149,139,000	56,652,000	170,955,000	137,675,000	121,246,000	72,651,000	81,381,000	137,675,000	125,234,000	63,457,000	104,943,000	129,457,000	96,032,000	50,330,000	129,099,000	97,647,000	41,643,000	100,516,000	129,616,000
total revenue			757,567,750	1,275,510,000	1,082,486,000	672,275,000	933,698,000	1,116,820,000	898,552,000	560,068,000	605,042,000	1,062,129,000	834,671,000	547,586,000	313,839,000	1,062,129,000	964,172,000	669,913,000	945,572,000	1,065,189,000	915,771,000	635,927,000	1,088,110,000	789,540,000	619,801,000	892,325,000	1,055,591,000	807,119,000	563,379,000	801,274,000	957,126,000	762,913,000	468,400,000	666,681,000	803,905,000	604,579,000	439,452,000	630,162,000	751,376,000	569,242,000	420,249,000	589,789,000	719,764,000	585,870,000	379,847,000	596,460,000	741,575,000	550,162,000	378,704,000	504,780,000	728,482,000	539,615,000	310,160,000	539,548,000	728,578,000	484,674,000			627,324,000	897,788,000	694,332,000	454,800,000	846,313,000	770,876,000	487,660,000	719,927,000	941,672,000	812,037,000	495,968,000	679,552,000	864,162,000	676,704,000	420,934,000	398,899,250	699,825,000	558,754,000	337,018,000
yoy			-18.86%	14.21%	20.47%	20.03%	54.32%	5.15%	7.65%	2.28%	92.79%	0.00%	-13.43%	-18.26%	-66.81%	-0.29%	5.29%	5.34%	-13.10%	34.91%	47.75%	-28.73%	3.08%	-2.18%	10.01%	11.36%	10.29%	5.79%	20.28%	20.19%	19.06%	26.19%	6.59%	5.80%	6.99%	6.21%	4.57%	6.85%	4.39%	-2.84%	10.64%	-1.12%	-2.94%	6.49%	0.30%	18.16%	1.80%	1.95%	22.10%	-6.44%	-0.01%	11.34%			16.14%	-46.01%			-25.88%	16.46%	42.38%	-36.83%	-10.13%	-5.07%	-1.68%	5.94%	8.97%	20.00%	17.83%	70.36%	23.48%	21.11%	24.90%
qoq			-40.61%	17.83%	61.02%	-28.00%	-16.40%	24.29%	60.44%	-7.43%	-43.03%	27.25%	52.43%	74.48%	-70.45%	10.16%	43.92%	-29.15%	-11.23%	16.32%	44.01%	-41.56%	37.82%	27.39%	-30.54%	-15.47%	30.79%	43.26%	-29.69%	-16.28%	25.46%	62.88%	-29.74%	-17.07%	32.97%	37.58%	-30.26%	-16.13%	32.00%	35.45%	-28.75%	-18.06%	22.85%	54.24%	-36.32%	-19.57%	34.79%	45.27%	-24.98%	-30.71%	35.00%	73.98%	-42.51%	-25.95%	50.32%				-30.13%	29.30%	52.67%	-46.26%	9.79%	58.08%	-32.26%	-23.55%	15.96%	63.73%	-27.02%	-21.36%	27.70%	60.76%	5.52%	-43.00%	25.25%	65.79%
cost of revenue:
total cost of revenue			652,081,500	1,072,561,000	917,775,000	617,990,000	839,387,000	950,177,000	795,466,000	527,709,000	535,747,000	942,194,000	736,439,000	497,811,000	308,482,000	942,194,000	847,226,000	606,595,000	838,923,000	939,192,000	827,428,000	612,128,000	996,678,000	841,944,000	579,323,000	784,276,000	911,100,000	726,750,000	507,096,000	700,567,000	842,596,000	688,343,000	443,274,000	585,431,000	696,231,000	531,378,000	400,207,000	533,579,000	650,478,000	503,474,000	380,140,000	509,998,000	653,072,000	503,455,000	358,439,000	546,847,000	687,179,000	498,965,000	348,646,000	447,972,000	627,383,000	487,699,000	285,224,000	460,422,000	634,685,000	439,718,000			510,626,000	753,486,000	585,306,000	356,106,000	709,676,000	643,242,000	439,624,000	663,484,000	835,740,000	718,927,000	455,733,000	573,528,000	754,461,000	599,997,000	393,994,000	357,455,250	604,477,000	499,010,000	326,334,000
other income:
(gain) loss on debt extinguishment			6,888,000	-272,000
net income per share
basic earnings per share											1.36	0.76	1.19
diluted earnings per share											1.21	0.73	1.14
income from continuing operations before income taxes													33,855,000
benefit from income taxes on continuing operations													7,710,000	-5,331,000
net income from continuing operations													26,145,000	-15,917,000
net income from discontinued operations													29,602,000	6,096,000
amount attributable to non-controlling interests from continuing operations													-1,286,000	-3,118,000
net income attributable to granite construction incorporated from continuing operations													24,859,000	-19,035,000
net income attributable to granite construction incorporated from discontinued operations													29,602,000	6,096,000
basic continuing operations per share													0.54	-0.42
basic discontinued operations per share													0.65	0.13
diluted continuing operations per share													0.52	-0.42
diluted discontinued operations per share													0.62	0.13
equity in (income) loss of affiliates														306,000																							-1,442,000
income from continuing operations before benefit from income taxes														-21,248,000
basic loss per share														-0.29
diluted loss per share														-0.29
transportation															361,112,500	568,186,000	525,235,000	351,029,000	507,988,000	623,999,000	535,101,000	350,901,000	598,646,000	403,978,000	338,210,000	504,040,000	610,847,000
water															83,788,250	121,968,000	113,432,000	99,753,000	122,337,000	106,599,000	109,724,000	101,657,000	135,908,000	112,831,000	99,255,000	122,299,000	124,292,000
specialty															147,561,250	234,300,000	200,271,000	155,674,000	210,304,000	205,134,000	174,914,000	133,039,000	224,457,000	175,084,000	140,693,000	165,470,000	190,836,000
non-cash impairment charges																				132,277,000		24,413,000
income before benefit from income taxes															6,228,750	41,327,000	71,366,000	-87,778,000	10,625,000	-87,085,000	-2,755,000	-87,248,000	25,387,000	-125,721,000	-40,246,000	13,444,000	67,789,000	-3,285,000	-13,793,000	47,146,000	69,304,000	24,360,000	-36,347,000	29,886,000	54,790,000	27,373,000	-15,687,000	52,170,000	49,859,000	14,514,000	-13,116,000	32,245,000	20,186,000	32,491,000	-29,325,000	-48,589,000	8,481,000	4,932,000	-28,853,000	24,043,000	62,859,000	6,346,000	-12,219,000	36,167,000	57,485,000	8,260,000
weighted-average shares of common stock
basic	43,746	43,463	43,846	43,696	44,060	43,988	43,879	43,924	43,892	43,764	44,485	45,821	45,798	45,730	45,788	45,821	45,798	45,697	45,614	45,654	45,620	45,520	46,788	46,824	46,699	43,564	46,308	41,044	39,908	39,795	39,844	39,827	39,649	39,557	39,599	39,584	39,433	39,337	39,378	39,358	39,215	39,096	39,150	39,115	38,951	38,803	38,876	38,829	38,610	38,447	38,518	38,471	38,265	38,117	38,172	38,140			37,606,000	37,430,000	37,426	38,139	41,106	41,096		40,874	40,923	40,896		40,614	40,656	40,638		40,390	40,433	40,417	40,266	40,175		40,212	40,048	40,006	39,920
diluted	52,755	43,463	52,514	52,366	52,727	43,988	52,565	53,612	43,892	43,764	52,326	47,906	47,798	45,730	45,788	47,906	47,798	45,697	45,614	45,654	46,281	45,520	47,170	46,824	46,699	44,025	47,810	41,044	39,908	40,372	40,387	40,393	39,649	40,225	40,313	40,302	39,433	39,868	39,897	39,881	39,215	39,795	39,813	39,807	38,951	38,803	39,759	39,769	38,610	39,076	39,141	39,151	38,265	38,473	38,598	38,479			38,106,000	37,975,000	37,929	38,513	41,640	41,631		41,471	41,546	41,466		41,249	41,340	41,212		41,031	41,083	41,018	40,266	40,808		40,802	40,510	40,818	39,920
acquisition and integration expenses																			-20,000	73,000			2,744,000	9,177,000	3,323,000	16,015,000	9,334,000	26,287,000	8,409,000
(benefit from) benefit from income taxes																								-31,760,000
dividends per common share																										0.098	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13			130	130
large project construction																												273,946,000	248,414,000	290,888,000	279,845,000	254,463,000	207,033,000	246,077,000	249,345,000	197,322,000	195,449,000	222,438,000	217,084,000	182,893,000	190,305,000	213,934,000	179,446,000	244,328,000	187,336,000	236,905,000	187,820,000	181,371,000	171,714,000	214,572,000	255,918,000	228,799,000	163,928,000	211,565,000	213,320,000	162,338,000
construction materials																												100,948,000	45,722,000	80,942,000	98,135,000	79,181,000	34,518,000	60,863,000	89,936,000	75,911,000	34,516,000	66,192,000	107,274,000	80,744,000	41,424,000	62,796,000	93,214,000	72,322,000	35,449,000	64,645,000	83,172,000	60,185,000	29,750,000	54,888,000	86,782,000	63,349,000	25,623,000	55,500,000	83,171,000	58,114,000
equity in loss (income) of affiliates																																									63,000
real estate																																										7,250	7,000		22,000		16,000	4,000	121,000	17,000	38,000	2,354,000	2,663,000	13,262,000	986,000	3,622,000			871,000	1,369,000	6,100,000	673,000	21,238,000	10,401,000
gain on restructuring																																														-5,750	474,000		498,000
amount attributable to noncontrolling interests																																														984,500	6,542,000	-448,000	-2,156,000	-388,000	-8,625,000	-2,538,000	-3,086,000	-6,038,000	-5,908,000	-1,227,000
equity in loss of affiliates																																																	-423,000			-484,000	-617,000			-181,000													-77,000
material sales																																																											69,794,000	124,478,000	107,289,000	51,554,000	123,453,000	100,091,000	66,111,000	106,603,000	133,375,000	108,551,000	61,630,000	95,721,000	107,772,000	84,576,000	46,221,000	62,626,000	91,025,000	71,036,000	39,666,000	63,514,000	83,531,000	66,006,000	39,694,000	61,684,000	31,283,000
general and administrative expenses																																																											59,188,000	71,933,000	65,760,000	60,651,000	63,666,000	65,130,000	54,337,000	48,530,000	58,560,000	48,935,000	48,256,000	53,767,000	50,149,000	40,606,000	38,870,000	40,570,000	44,007,000	35,914,000	-36,544,000	36,401,000	42,533,000	36,395,000	36,550,000	35,531,000	30,455,000
other																																																											2,299,000	549,000	184,000	8,463,000	-391,000	-433,000	-233,000	-96,000	-8,000	3,314,000	-606,000	1,806,000	176,000	-651,000	-73,000	4,285,000	59,000	-7,000	102,000	374,000	86,000	1,951,000	327,000	-395,000	354,000
income before benefit from income taxes and minority interest																																																											65,212,000	73,805,000	46,668,000	47,745,000	85,241,000	70,799,000	287,000	3,126,000	55,100,000	55,919,000	-1,128,000	62,353,000	63,213,000	28,654,000	-11,909,000	17,018,500	53,581,000	27,156,000	-12,663,000	18,708,750	41,799,000
income before minority interest																																																											44,201,000	52,332,000	33,587,000	35,618,000	59,804,000	48,645,000	198,000	3,516,000	32,304,000	38,874,000	-355,000	44,259,000	44,422,000	20,434,000	-8,217,000	11,578,750	36,677,000	17,917,000					9,241,000
minority interest in consolidated subsidiaries																																																											-12,276,000	-594,000	-7,969,000	-22,495,000	-6,504,000	-4,799,000	-2,447,000	-599,000	13,421,000	-5,585,000	-1,067,000	-8,447,000	-3,771,000	-5,480,000	-50,000	-607,000	-3,892,000	-4,111,000	-830,000	-618,000	-834,000	-1,042,000
net income per common share
basic	1.64	-0.77	0.483	1.81	0.84	-0.7	0.1	1.31	-0.39	-0.53					0.128	0.76	1.19	-1.45	0.18	-2	0.07	-1.44	0.44	-2.09	-0.74	0.13	1.2	-0.2	-0.29	0.83	1.15	0.35	-0.6	0.43	0.94	0.36	-0.28	0.73	0.78	0.24	-0.22	0.44	0.39	0.35	-0.53	-0.73	0.28	0.07	-0.57	0.46	0.96	0.05	-0.31	0.48	0.94	0.13			850	1,380	0.68	0.34	1.3	1.07		0.07	1.12	0.81		0.88	1	0.37		0.48	0.81	0.34	-0.23	0.35	0.64	0.27	0.25	0.41	-0.04
diluted	1.42	-0.77	0.448	1.57	0.76	-0.7	0.1	1.13	-0.39	-0.53					0.123	0.73	1.14	-1.45	0.18	-2	0.07	-1.44	0.43	-2.09	-0.74	0.12	1.17	-0.2	-0.29	0.81	1.14	0.35	-0.6	0.42	0.92	0.35	-0.28	0.72	0.77	0.24	-0.22	0.43	0.38	0.34	-0.53	-0.73	0.28	0.07	-0.57	0.45	0.94	0.05	-0.31	0.48	0.93	0.13			840	1,360	0.68	0.34	1.28	1.05		0.07	1.1	0.8		0.87	0.98	0.36		0.48	0.8	0.34	-0.23	0.34	0.63	0.26	0.25	0.41	-0.04
dividends per share																																																													0.13	0.13	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.08	0.08
basic and diluted net income per share																																																																	-0.05				-0.03				-0.2
basic and diluted weighted-average shares of common stock																																																																	40,992				40,739				40,485
benefit from legal judgment																																																																								9,300,000
weighted-average shares of common stock basic																																																																															40,217
diluted																																																																														10,185.25	40,908
income before income taxes and minority interest																																																																																	14,482,000
minority interest in loss of consolidated subsidiaries																																																																																	777,000
minority interest in consolidated subsidiary																																																																																		-767,000
the accompanying notes are an integral part of these condensed consolidated financial statements.

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