Mike. comment Thank our us we that and press settlement to start call I like on you a for we joining you, have approval. all where to off our subject resolve Good the today. would announced to release securities reached on morning call, To court thank litigation
move it was best in it interest that well decision, the as difficult concluded company, to we the Although, forward. a of as our was shareholders
settlement people. able focus put Following of portion court the it us is cash existing approval, $XX to million we behind and Granite will litigation we is this business our hand. to paid be on insurance and and on from be expect
liquidity explain detail further will in cash this position despite strong. the and Lisa in event, call, As later our remains
operations in day-to-day and discussed guide our serving in cultural of core the values calls, I’ve us our foundation As are our as reinvigoration. previous
process level the public and with job safety is value reflects the safety do culture our greatest supports culture into our embedded the we drive belief are our anyone On of and and our safety to as two sacrifice core are sustainability and the at that our a operations planning Granite. include approach We task engagement. with into forward partners and to our integrating I on call, last of safety I done. people, is our and under to Granite’s desired core value our get we inclusion core that more and continue not to training, safety the provided sustainability way an choice Every how well-being in safety our touch values, built behaviors. of day-to-day Today, drive will overview to our them organization and the every of responsibility. efforts
our Granite, the event, and the safety it is we which national conduct and is founding our the mind had safety it’s heels of wide across safety is safety. is industry focus on in activities of detail This a and talk been since presented to to chose that an just in value meetings Granite Since members of The of important are country but strengthen details meetings this day daily at safety as these one was that teams value commitment how inclusion. to build our opportunity and we week all core today. about commitment concluding Inclusion reinforce company core to the take want project to planning it’s an a front particularly Safety a on contributions to was value, on and and focus welcoming safety. employees. every our While impressive is we offices, is recognize the visit almost week, our decade importance to the attention Granite in safety teams we Granite week, additional demonstrate projects from by ago. I to in added year, our part provide timely of XXXX. Across country. new our why Inclusion
and value knowledge creativity understand of live environment this a enhance To a and achieve we are impact workforce in the and respect things. to high know culture we the couple experience, belonging Our inclusive Granite, a sense we performance and value grow. how and committed to can our goals diverse of business feels which perspective, value, everyone when create on and we differences positive an culture, must of inclusion, and objectives. and innovation have a we At
is make First, that diversity and work. makes and we of is clients our the we know our mix that inclusion community, employees, our how
have our community mentoring, and development, journey, that have and served, recognizing and Resources Women for advocates for all military. and with networking and the branches employees supporting members who’re served, supports that family supports and women employee recognize and our employees and service Opportunities career We for starting of friends in the diversity or Granite in groups, GROW veteran GROW, inclusive significant resource service. made progress have
and diversity XXXX, leadership colleges black In We councils, universities. half historically with executive establishing than have inclusive also and interns, XXX established had and over relationships were training we and conducting multicultural diverse. more
Directors half and our of are nearly one-third of Board addition, our of team executive diverse. In
Looking forward, clarity more create having diversity concerning dialogue be by how will inclusive. to we around we continue can inclusive
overnight, doesn’t at continue proud am to and with culture capability will inclusive that our focus am excited be talent develop more happen an our of training pipeline leaders color. I And levels, employees to I inclusive. the happens time. having people build challenge women over We and efforts Granite. creating know inclusion on and of here strengthen about will environment are we a it to all talent to to at We we and ourselves continue
talk with starting gears and let’s our about Okay, segments, business switch Transportation.
the profit quarter first at wet of our the hampering the work quarter topline, weather slowest in typically is groups. The only our across with am of our Even and with gross many markets. but pleased with to also performance I execution weather, the good the level challenges on of segment, cold due regularly not operating
we the Some through completed a a last our our bid markets, of good Operating segment, opportunities increase busy primarily a news Civil improvement is Portfolio projects strong continue share, a solid Heavy remainder backlog the two of year. year-over-year. in Group in over years. first was remainder gross the with the with marked bidding the Risk to of burn resulting an The Integrated stage quarter. Vertically minimal Old in The the profit to This volume to is during which for comprised also quarter, setting environment of robust impact
are information that the share also foundation the routinely smaller- projects portfolio. wins, continue we our project success in While larger to about medium-sized winning our we to have of
with environment in The competitive first more to the the bidding backlog year quarter is of bid build a contractors historically aggressively year. very early
We and competition. have XXXX. of quarter this increased first bid seen the dynamic volume in strong We’ve
Integrated committed CAP year-over-year shift with awarded as portfolio Civil Act, and decreased The CAP, projects replaced As have our indirect burned extension Highway we procurement markets Coronavirus that Relief the or our enactment the Group funding. direct law work. infrastructure the to federal in the from this Operating businesses, hopeful $XX.X into including with and and signed and transportation value Funding for year. the anticipated, is are of provide the will of best to infusion billion FAST for CAP is Heavy Fund be Vertically combined across positive bill Trust bills XXXX support transportation a and
see the in quarter Granite during the first the we in Turning costs. segment, Texas the in quarter, cured-in-place Inliner. chain, product rehabilitation the from is used business to recovery pipe pandemic, in supply Water a continue interrupted resulting Resin to deep our trenchless in freeze a the resin spike but a
hit opportunities, indication positive this the by in increase remainder the year. was are bid hardest segment the an seeing we of Although, for pandemic,
Hurse water CAP. million. not in Dam first will recognize bill $XX This $XXX remains strong which as the recently of include ongoing need result, component recently the the the as Hurse the end and the lakes in awarded with This the working the Leon infrastructure we will to award Dam. this is Water at CAP of on projects on levels government biggest quarter XX project, for be Texas Senate country, state’s a a support critical quarter the Texas to of which the our Hall of the water one billion newest does million, of across repair and figure one complex water Leon included $XXX work approximately All federal As infrastructure in projects last bill. be history continue segment in has project Lake a Granite the years. of the dam and and are Ralph discussion seen passed infrastructure long second to overall proud
and We Granite are market have procure projects pursuing. opportunities there this in is in currently in water to multiple we Water believe We continue work to area. been infrastructure are well-positioned winning successful the that
on to Specialty the Moving segment.
quarter tunnel we a significant in over billion. Columbus, solid new a $XXX to ended in project first In added cap with million turned of the $X quarter, Ohio. has team Our CAP and record a
just Columbus, we We with large relationship the project a of a couple successfully continue our are completed excited tunnel City ago. of where years to
upon continue Recent to clients our to a to with we federal footprint well outlook. economic Port XXXX markets in in Guam. The California, military diverse a facility public our groups is of operating be the projects investment project the continue to existing Stockton, strong, business, to our different business specialty driven geographies that the expand across growing project include Both wins project and clients. build segment a in rail and and positive the with of a a relationships, both overall private look with for Additionally, a beyond. several yard new public segment and continue area relationships by to within of as in expand new mining variety foster as establish private and
Moving on to the Material segment.
higher in quarter. were slowest XXXX compared resulted orders the The in the the sales seasonally Operating with led in We quarter Group. terrific our volumes year, first California quarter by prior Material higher ended significantly results to which
of Groups. for end and businesses. the Integrated but demand the both remainder continue prior XXXX, quarter, orders our indicator demand Northwest year of Material also the Construction the positive As in of This the is not Operating for a California with Materials strong Vertically only in segment, outpace to
of is our Specialty our during and an pursue to Old As decline operating evenly of segments And more build transformed Water Portfolio, our Risk to finally, to criteria. continues the as million end $XXX is quarter CAP following as over project CAP, across compared group diversification. the end quarter, $X.X the billion, grow our CAP year-end selection increase levels. of portfolio we new Profile market geographies. first consolidated design in The continues distributed Risk has CAP our
our on As reducing portfolio calls, previous risk. I transforming have CAP mentioned been we on focused
Our Lisa? discuss to that, going to am our it our and With over turn Lisa progress results. continue execute plan. on teams significant made I have financial to to
