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Reportable Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Summarized segment information is as follows (in thousands):

Three months ended March 31,			Construction						Materials						Total
2026
Total revenue from reportable segments			$	766,054					$	197,491					$	963,545
Elimination of intersegment revenue			—						(51,080)						(51,080)
Revenue			766,054						146,411						912,465
Cost of revenue			663,874						138,686						802,560
Gross profit			102,180						7,725						109,905
Selling, general and administrative expenses			72,176						11,914						84,090
(Gain) loss on sales of property and equipment, net			(4,241)						1,292						(2,949)
Operating income (loss) from reportable segments			$	34,245					$	(5,481)					$	28,764
Depreciation, depletion and amortization			$	20,203					$	20,383					$	40,586
Segment assets as of period end			$	688,110					$	1,396,147					$	2,084,257
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

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

									Three Months Ended March 31,
(in thousands)															2026						2025
Total operating income from reportable segments															$	28,764					$	14,895
Corporate selling, general and administrative expenses															56,860						45,039
Corporate (gain) loss on sales of property and equipment, net															—						181
Other costs, net															3,037						9,426
Total operating loss															(31,133)						(39,751)
Total other expense, net															17,375						332
Loss before income taxes															$	(48,508)					$	(40,083)

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
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