annalyze balance sheet

GRANITE CONSTRUCTION INCORPORATE. CONSOLIDATED BALANCE SHEETS \begin{tabular}{lrr|} Assers & (000) & (000) \\ Current assets & & \\ Cash and cash equivalents & $69,919 & $52,032 \\ Short-term marketable securities & 90,869 & 96,900 \\ Accounts receivable, net & 288,210 & 265,896 \\ Costs and estimated eamings in excess of billings & 31,189 & 42,966 \\ Inventories & 29,878 & 29,964 \\ Deferred income taxes & 22,421 & 23,056 \\ Equity in construction joint ventures & 42,250 & 24,329 \\ Other current assets & 43,915 & 12,732 \\ \hline Total current assets & 618,651 & 547,895 \\ Property and equipment, net & 344,734 & 347,963 \\ Long-term marketable securities & 41,197 & 33,762 \\ Investments in affiliates & 18,295 & 18,970 \\ Other assets & 37,533 & 35,229 \\ \hline Total Assets & $1,060,410 & $983,819 \end{tabular} LIABIUTIES AND STOCKHOLDERS' EQUITY Current liablities \begin{tabular}{lrr} & & \\ Current maturities of long-term debt & $8,182 & $8,640 \\ Accounts payable & 135,468 & 118,813 \\ Billings in excess of costs and estimated earnings & 99,337 & 105,725 \\ Accrued expenses and other current liabiities & 105,717 & 94,321 \\ \hline Total current liabilities & 348,704 & 327,499 \\ & 126,708 & 132,380 \\ Long-term debt & 24,938 & 13,742 \\ Other long-term liabilities & 44,297 & 40,011 \\ Deferred income taxes & & \\ Commitments and contingencies & 10,872 & 15,318 \\ Minority interest in consolidated subsidiaries & 555,519 & 528,950 \\ \hline Total Liabilities & & \\ Stockholders' equity & 415 & 413 \\ Common stock & 442,272 & 398,383 \\ Additional paid-in capital & 76 & 1,402 \\ Retained earnings & 11,523 & 11,915 \\ Accumulated other comprehensive income (loss) & 504,891 & 454,869 \\ \hline Uneamed compensation & $1,060,410 & $983,819 \\ \hline Total Equity & & \\ \hline Total Liabilities and Equity & & \\ \hline \end{tabular} 10URE 6-8 Balance Sheet for Granite Construction Inc. (Source:.Wwwisec.gov)