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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net loss $ (28,327) $ (29,442)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 30,171 29,068
Amortization related to long-term debt 1,081 758
Gain on sales of property and equipment, net (1,737) (1,418)
Stock-based compensation 32,217 12,895
Equity in net income from unconsolidated construction joint ventures (1,246) (2,290)
Net income from affiliates (1,094) (3,970)
Other non-cash adjustments 164 (691)
Changes in assets and liabilities:    
Receivables 40,684 169,965
Contract assets, net 34,578 (62,882)
Inventories (20,261) (13,066)
Contributions to unconsolidated construction joint ventures (9,163) (2,000)
Distributions from unconsolidated construction joint ventures and affiliates 1,677 7,914
Other assets, net (9,504) (7,134)
Accounts payable (33,852) (60,029)
Accrued expenses and other liabilities, net (31,741) (13,605)
Net cash provided by operating activities 3,647 24,073
Investing activities    
Purchases of marketable securities (134,653) 0
Maturities of marketable securities 7,100 20,000
Purchases of property and equipment (32,206) (27,871)
Proceeds from sales of property and equipment 3,449 2,535
Cash paid for purchase price adjustments on business acquisition 0 (6,119)
Other investing activities 0 693
Net cash used in investing activities (156,310) (10,762)
Financing activities    
Debt principal repayments (274) (102,140)
Cash dividends paid (5,652) (5,713)
Repurchases of common stock (15,209) (7,416)
Contributions from non-controlling partners 0 10,000
Distributions to non-controlling partners (25,450) (3,950)
Other financing activities, net (8) (3)
Net cash used in financing activities (46,593) (109,222)
Net decrease in cash and cash equivalents (199,256) (95,911)
Cash and cash equivalents at beginning of period 578,330 417,663
Cash and cash equivalents at end of period 379,074 321,752
Supplementary Information    
Right of use assets obtained in exchange for lease obligations 11,623 6,498
Operating lease liabilities 6,702 5,681
Interest 79 4,099
Income taxes 23 831
Non-cash investing and financing activities:    
RSUs issued, net of forfeitures 37,824 17,987
Dividends declared but not paid 5,686 5,739
Contributions from non-controlling partners $ 746 $ 888