v3.26.1
LEASE OBLIGATIONS
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASE OBLIGATIONS
10.LEASE OBLIGATIONS
    The Company has operating and finance leases primarily for construction and transportation equipment, as well as office space. The Company’s leases have remaining lease terms of one month to ten years, some of which include options to extend the leases for up to ten years.
    The components of lease expense are as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Operating lease cost$5,514 $5,780 $11,342 $11,529 
Short-term lease cost$17,836 $7,062 $30,981 $12,792 
Finance lease cost:
Amortization of right-of-use assets$34 $31 $67 $62 
Interest on lease liabilities6 8 12 16 
Total finance lease cost$40 $39 $79 $78 
    Supplemental cash flow information related to leases is as follows:
(In thousands)Six Months Ended June 30,
Cash paid for amounts included in the measurement of lease liabilities:20262025
Operating cash flows from operating leases$11,299 $11,506 
Operating cash flows from finance leases$12 $16 
Financing cash flows from finance leases$67 $62 
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases$2,452 $3,138 
Finance leases$— $— 
    Supplemental balance sheet information related to leases is as follows:
(In thousands)
Operating LeasesJune 30, 2026December 31, 2025
Operating lease right-of-use assets$51,922 $58,167 
Current portion of long-term lease obligations$14,613 $18,679 
Long-term lease obligations38,327 40,186 
Total operating lease liabilities$52,940 $58,865 
Finance Leases
Property and equipment, at cost$1,428 $1,428 
Accumulated depreciation(1,124)(1,067)
Property and equipment, net$304 $361 
Current maturities of long-term debt$141 $136 
Long-term debt164 236 
Total finance lease liabilities$305 $372 
Weighted Average Remaining Lease Term
Operating leases4.95.0
Finance leases2.02.6
Weighted Average Discount Rate
Operating leases5.9 %5.9 %
Finance leases6.9 %6.9 %
    Maturities of lease liabilities are as follows:
(In thousands)Operating
Leases		Finance
Leases
Year Ending December 31,
2026 (excluding the six months ended June 30, 2026)$10,472 $79 
202712,968 157 
20289,682 92 
20298,336 — 
20307,975 — 
20317,494 — 
Thereafter4,838 — 
Total lease payments$61,765 $328 
Less imputed interest(8,825)(23)
Total$52,940 $305 
LEASE OBLIGATIONS
10.LEASE OBLIGATIONS
    The Company has operating and finance leases primarily for construction and transportation equipment, as well as office space. The Company’s leases have remaining lease terms of one month to ten years, some of which include options to extend the leases for up to ten years.
    The components of lease expense are as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Operating lease cost$5,514 $5,780 $11,342 $11,529 
Short-term lease cost$17,836 $7,062 $30,981 $12,792 
Finance lease cost:
Amortization of right-of-use assets$34 $31 $67 $62 
Interest on lease liabilities6 8 12 16 
Total finance lease cost$40 $39 $79 $78 
    Supplemental cash flow information related to leases is as follows:
(In thousands)Six Months Ended June 30,
Cash paid for amounts included in the measurement of lease liabilities:20262025
Operating cash flows from operating leases$11,299 $11,506 
Operating cash flows from finance leases$12 $16 
Financing cash flows from finance leases$67 $62 
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases$2,452 $3,138 
Finance leases$— $— 
    Supplemental balance sheet information related to leases is as follows:
(In thousands)
Operating LeasesJune 30, 2026December 31, 2025
Operating lease right-of-use assets$51,922 $58,167 
Current portion of long-term lease obligations$14,613 $18,679 
Long-term lease obligations38,327 40,186 
Total operating lease liabilities$52,940 $58,865 
Finance Leases
Property and equipment, at cost$1,428 $1,428 
Accumulated depreciation(1,124)(1,067)
Property and equipment, net$304 $361 
Current maturities of long-term debt$141 $136 
Long-term debt164 236 
Total finance lease liabilities$305 $372 
Weighted Average Remaining Lease Term
Operating leases4.95.0
Finance leases2.02.6
Weighted Average Discount Rate
Operating leases5.9 %5.9 %
Finance leases6.9 %6.9 %
    Maturities of lease liabilities are as follows:
(In thousands)Operating
Leases		Finance
Leases
Year Ending December 31,
2026 (excluding the six months ended June 30, 2026)$10,472 $79 
202712,968 157 
20289,682 92 
20298,336 — 
20307,975 — 
20317,494 — 
Thereafter4,838 — 
Total lease payments$61,765 $328 
Less imputed interest(8,825)(23)
Total$52,940 $305