| Business Summary | | Granite
Construction
Incorporated
is
the
holding
company
for
Granite
Construction
Company,
which
acts
as
its
principal
operating
company.
The
Company
is
one
of
the
largest
heavy
civil
construction
contractors
in
the
United
States
and
operates
nationwide.
Its
focus
is
primarily
in
the
West,
South
and
East
and
increasingly
in
the
Midwest,
serving
both
public
and
private
sector
clients.
The
Company
concentrates
on
infrastructure
projects
and
performs
site
preparation
services
for
buildings,
plants,
subdivisions
and
other
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Granite
Construction
Inc.
is
a
civil
contractor
which
constructs
dams,
highways,
airports,
tunnels,
bridges
and
other
infrastructure-related
projects
in
the
west,
southwest
and
southeast.
For
the
six
months
ended
6/30/01,
revenues
increased
8%
to
$604.3
million.
Net
income
decreased
20%
to
$14.5
million.
Revenues
reflect
growth
in
the
market
for
public
sector
projects.
Net
income
was
offset
by
a
decreased
gross
profit
margin
and
decreased
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| David Watts, 61 Chairman,
Pres, CEO | $1.4M | -- | William Dorey, 55 Exec.
VP and COO | 1.0M | -- | William Barton, 55 Sr.
VP, CFO | 611K | -- | Mark Boitano, 51 Sr.
VP and Mang., Branch Division | 860K | -- | Patrick Costanzo, 61 Mang.
- Heavy Construction Division, Sr. VP | 860K | $180K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|