Reportable Segment Information (Tables)

Summarized segment information is as follows (in thousands):


Three months ended June 30,	Construction		Materials		Total
2026
Total revenue from reportable segments	$	1,207,479	$	364,849	$	1,572,328
Elimination of intersegment revenue	—		(116,456)		(116,456)
Revenue	1,207,479		248,393		1,455,872


Cost of revenue	1,008,785		208,316		1,217,101
Gross profit	198,694		40,077		238,771
Selling, general and administrative expenses	61,267		8,928		70,195
(Gain) loss on sales of property and equipment, net	(2,062)		86		(1,976)
Operating income from reportable segments	$	139,489	$	31,063	$	170,552
Depreciation, depletion and amortization	$	17,472	$	27,379	$	44,851


2025
Total revenue from reportable segments	$	937,426	$	251,856	$	1,189,282
Elimination of intersegment revenue	—		(63,318)		(63,318)
Revenue	937,426		188,538		1,125,964


Cost of revenue	783,760		143,105		926,865
Gross profit	153,666		45,433		199,099
Selling, general and administrative expenses	48,323		6,022		54,345
Gain on sales of property and equipment, net	(679)		(2,061)		(2,740)
Operating income from reportable segments	$	106,022	$	41,472	$	147,494
Depreciation, depletion and amortization	$	19,223	$	14,273	$	33,496


Six Months Ended June 30,	Construction		Materials		Total
2026
Total revenue from reportable segments	$	1,973,533	$	562,340	$	2,535,873
Elimination of intersegment revenue	—		(167,536)		(167,536)
Revenue	1,973,533		394,804		2,368,337


Cost of revenue	1,672,659		347,002		2,019,661
Gross profit	300,874		47,802		348,676
Selling, general and administrative expenses	133,443		20,842		154,285
(Gain) loss on sales of property and equipment, net	(6,303)		1,378		(4,925)
Operating income from reportable segments	$	173,734	$	25,582	$	199,316
Depreciation, depletion and amortization	$	37,675	$	47,762	$	85,437
Segment assets as of period end	$	805,550	$	1,441,161	$	2,246,711
2025
Total revenue from reportable segments	$	1,552,044	$	357,436	$	1,909,480
Elimination of intersegment revenue	—		(83,969)		(83,969)
Revenue	1,552,044		273,467		1,825,511


Cost of revenue	1,312,940		229,623		1,542,563
Gross profit	239,104		43,844		282,948
Selling, general and administrative expenses	110,650		14,567		125,217
Gain on sales of property and equipment, net	(2,528)		(2,130)		(4,658)
Operating income from reportable segments	$	130,982	$	31,407	$	162,389
Depreciation, depletion and amortization	$	33,675	$	27,828	$	61,503
Segment assets as of period end	$	615,962	$	687,175	$	1,303,137

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


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2026		2025		2026		2025
Total operating income from reportable segments	$	170,552	$	147,494	$	199,316	$	162,389
Corporate selling, general and administrative expenses	37,599		31,542		94,459		76,581
Corporate (gain) loss on sales of property and equipment, net	739		(866)		739		(685)
Other costs, net	5,406		13,253		8,443		22,679
Total operating income	126,808		103,565		95,675		63,814
Total other (income) expense, net	366,144		(3,994)		383,519		(3,662)
Income (loss) before income taxes	$	(239,336)	$	107,559	$	(287,844)	$	67,476