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Reportable Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Summarized segment information is as follows (in thousands):

Three Months Ended March 31,			Construction						Materials						Total
2025
Total revenue from reportable segments			$	614,618					$	105,580					$	720,198
Elimination of intersegment revenue			—						(20,651)						(20,651)
Revenue			614,618						84,929						699,547
Cost of revenue			529,180						86,518						615,698
Gross profit (loss)			85,438						(1,589)						83,849
Selling, general and administrative expenses			62,327						8,545						70,872
Gain on sales of property and equipment, net			(1,849)						(69)						(1,918)
Operating income (loss) from reportable segments			$	24,960					$	(10,065)					$	14,895
Depreciation, depletion and amortization			$	14,452					$	13,555					$	28,007
Segment assets as of period end			$	613,882					$	698,718					$	1,312,600
2024
Total revenue from reportable segments			$	595,213					$	88,704					$	683,917
Elimination of intersegment revenue			—						(11,642)						(11,642)
Revenue			595,213						77,062						672,275
Cost of revenue			538,385						79,605						617,990
Gross profit (loss)			56,828						(2,543)						54,285
Selling, general and administrative expenses			48,824						5,142						53,966
Gain on sales of property and equipment, net			(1,222)						(528)						(1,750)
Operating income (loss) from reportable segments			$	9,226					$	(7,157)					$	2,069
Depreciation, depletion and amortization			$	13,703					$	10,477					$	24,180
Segment assets as of period end			$	594,437					$	562,581					$	1,157,018

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of operating income from reportable segments to consolidated loss before income taxes is as follows:

			Three Months Ended March 31,
(in thousands)			2025						2024
Total operating income from reportable segments			$	14,895					$	2,069
Corporate selling, general and administrative expenses			45,039						34,027
Corporate loss on sales of property and equipment, net			181						332
Other costs, net			9,426						11,010
Total operating loss			(39,751)						(43,300)
Total other (income) expense, net			332						(4,332)
Loss before income taxes			$	(40,083)					$	(38,968)

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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