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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net income $ 93,392 $ 7,878
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 92,283 65,298
Amortization related to long-term debt 3,400 1,689
(Gain) loss on debt extinguishment 27,552 51,052
Gain on sales of property and equipment, net (4,347) (7,793)
Deferred income taxes 0 1,542
Stock-based compensation 17,325 8,630
Equity in net (income) loss from unconsolidated construction joint ventures 651 (4,535)
Net income from affiliates (12,921) (19,378)
Other non-cash adjustments (165) 5,659
Changes in assets and liabilities:    
Receivables (115,321) (286,262)
Contract assets, net (11,799) 8,315
Inventories (1,367) (3,421)
Contributions to unconsolidated construction joint ventures (3,218) (18,310)
Distributions from unconsolidated construction joint ventures and affiliates 28,792 8,903
Other assets, net 14,779 (6,705)
Accounts payable 104,477 144,721
Accrued expenses and other liabilities, net 50,036 76,915
Net cash provided by operating activities 283,549 34,198
Investing activities:    
Purchases of marketable securities (6,977) (9,740)
Maturities of marketable securities 31,500 40,000
Purchases of property and equipment (108,167) (108,963)
Proceeds from sales of property and equipment 6,739 14,613
Proceeds from company owned life insurance 0 1,545
Return of investment in affiliates 1,429 0
Cash paid for purchase price adjustments on business acquisition (See Note 3) (13,183) 0
Acquisitions of businesses, net of cash acquired (See Note 3) (122,448) (26,933)
Collection of notes receivable 0 208
Net cash used in investing activities (211,107) (89,270)
Financing activities:    
Proceeds from issuance of convertible notes (See Note 14) 373,750 373,750
Amount drawn under revolver 0 55,000
Debt principal repayments (310,226) (304,851)
Capped call transactions (46,046) (53,035)
Redemption of warrants (497) (13,201)
Debt issuance costs (10,053) (10,024)
Cash dividends paid (17,131) (17,101)
Repurchases of common stock (21,384) (3,900)
Contributions from non-controlling partners 20,500 35,400
Distributions to non-controlling partners (18,072) (9,100)
Other financing activities, net 1,340 267
Net cash provided by (used in) financing activities (27,819) 53,205
Net increase (decrease) in cash and cash equivalents 44,623 (1,867)
Cash and cash equivalents at beginning of period 417,663 293,991
Cash and cash equivalents at end of period 462,286 292,124
Supplementary Information:    
Right of use assets obtained in exchange for lease obligations 23,146 28,546
Operating lease liabilities 17,532 16,461
Interest 12,686 6,473
Income taxes 9,762 7,324
Deferred taxes related to capped call transactions 11,857 13,656
Non-cash investing and financing activities:    
RSUs issued, net of forfeitures 20,309 11,447
Dividends declared but not paid 5,682 5,710
Contributions from non-controlling partners $ 1,959 $ 2,523