Granite Construction Incorporated (GVA)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 29,587 | 78,857 | 2,414 | -166,181 | -56,702 |
| Depreciation Amortization | 94,660 | 84,935 | 118,498 | 121,651 | 123,418 |
| Income taxes - deferred | 26,556 | 5,447 | 16,600 | 8,817 | -22,924 |
| Accounts receivable | -128,099 | 59,623 | -11,317 | 6,840 | -58,947 |
| Accounts payable and accrued liabilities | 66,828 | -9,778 | 7,396 | -40,999 | 140,027 |
| Other Working Capital | 1,157 | -115,067 | -43,728 | 103,604 | -37,062 |
| Other Operating Activity | 93,018 | -48,370 | -67,932 | 234,728 | 23,628 |
| Operating Cash Flow | $183,707 | $55,647 | $21,931 | $268,460 | $111,438 |
| Cash Flows From Investing Activities | |||||
| Change In Deposits | 5,198 | -6,930 | -11,470 | 5,289 | 721 |
| PPE Investments | -102,275 | -95,548 | -8 | -76,551 | -69,737 |
| Net Acquisitions | -294,018 | 140,576 | N/A | 5,000 | -6,227 |
| Purchase Of Investment | -9,740 | -94,104 | -10,000 | -9,996 | N/A |
| Sale Of Investment | 40,000 | 45,006 | N/A | 34,996 | 35,000 |
| Other Investing Activity | 1,545 | 0 | 0 | 0 | -79 |
| Investing Cash Flow | $-359,290 | $-11,000 | $-21,478 | $-41,262 | $-40,322 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 305,000 | 50,000 | N/A | 50,000 | 309,699 |
| Debt Repayment | -305,118 | -125,164 | -8,922 | -83,433 | -313,150 |
| Common Stock Repurchased | -17,325 | -70,898 | -2,730 | -885 | -36,900 |
| Dividend Paid | -22,811 | -23,271 | -23,804 | -23,712 | -24,316 |
| Other Financing Activity | 339,509 | 5,022 | 11,010 | 372 | -16,970 |
| Financing Cash Flow | $299,255 | $-164,311 | $-24,446 | $-57,658 | $-81,637 |
| Beginning Cash Position | 293,991 | 413,655 | 437,648 | 268,108 | 278,629 |
| End Cash Position | 417,663 | 293,991 | 413,655 | 437,648 | 268,108 |
| Net Cash Flow | $123,672 | $-119,664 | $-23,993 | $169,540 | $-10,521 |
| Free Cash Flow | |||||
| Operating Cash Flow | 183,707 | 55,647 | 21,931 | 268,460 | 111,438 |
| Capital Expenditure | -140,384 | -121,612 | -94,810 | -93,253 | -106,828 |
| Free Cash Flow | 43,323 | -65,965 | -72,879 | 175,207 | 4,610 |