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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities:    
Net loss $ (36,389) $ (28,327)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 42,012 30,171
Amortization related to long-term debt 2,305 1,081
Convertible debt inducement expense and related charges 9,704 0
Gain on sales of property and equipment, net (2,949) (1,737)
Stock-based compensation 41,186 32,217
Equity in net income from unconsolidated construction joint ventures (1,387) (1,246)
Net income from affiliates (3,473) (1,094)
Other non-cash adjustments (447) 164
Changes in assets and liabilities:    
Receivables (5,454) 40,684
Contract assets, net (17,645) 34,578
Inventories (25,663) (20,261)
Contributions to unconsolidated construction joint ventures 0 (9,163)
Distributions from unconsolidated construction joint ventures and affiliates 7,858 1,677
Other assets, net (4,109) (9,504)
Accounts payable 788 (33,852)
Accrued expenses and other liabilities, net (37,209) (31,741)
Net cash provided by (used in) operating activities (30,872) 3,647
Investing activities:    
Purchases of marketable securities 0 (134,653)
Maturities of marketable securities 39,000 7,100
Purchases of property and equipment (26,141) (32,206)
Proceeds from sales of property and equipment 8,646 3,449
Other investing activities 992 0
Net cash provided by (used in) investing activities 22,497 (156,310)
Financing activities:    
Debt repayments (288,798) (274)
Proceeds from partial unwind of capped call 56,675 0
Cash dividends paid (5,655) (5,652)
Repurchases of common stock (18,441) (15,209)
Contributions from non-controlling partners 2,400 0
Distributions to non-controlling partners (1,275) (25,450)
Other financing activities, net (37) (8)
Net cash used in financing activities (255,131) (46,593)
Net decrease in cash and cash equivalents (263,506) (199,256)
Cash and cash equivalents at beginning of period 529,220 578,330
Cash and cash equivalents at end of period $ 265,714 $ 379,074