During the six months ended June 30, 2026, the Company completed three acquisitions within our Construction Products segment, including two recycled aggregates businesses based in New Jersey and Colorado, respectively, and one natural aggregates business based in Florida, for a total purchase price of $84.9 million. The acquisitions were recorded as business combinations and preliminary valuation estimates resulted in the recognition of, among other assets and liabilities, $49.3 million of mineral reserves, $19.2 million of goodwill, and $14.0 million of intangible assets in our Construction Products segment.

On April 1, 2026, the Company completed the sale of its barge business to an affiliate of Wynnchurch Capital, L.P., for $450 million. Net cash proceeds received at closing were approximately $429.9 million after transaction closing costs, and $10 million in escrow recorded as a current receivable. The sale resulted in a pre-tax gain of $359.7 million, which is presented within income from discontinued operations, net of income taxes on the Consolidated Statements of Operations. The barge business, historically presented within the Transportation Products segment, is a leading manufacturer of inland barges, fiberglass barge covers, winches, and marine hardware with operations located along the U.S. inland river systems. The Company is performing routine services under a transition services agreement and will have no other continuing involvement with the divested business. We have concluded that the sale represented a strategic shift with a major effect on the Company's operations and financial results. Accordingly, results of operations and cash flows for the three and six months ended June 30, 2026 have been classified as discontinued operations. Results of prior periods have been recast to reflect these changes and present results on a comparable basis. In April 2026, the Company used $83.0 million of the cash proceeds to prepay a portion of the outstanding 2025 Refinancing Term Loan. See Note 7. "Debt" for additional information.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025

	(in millions)
Revenues	$	—	$	89.4	$	91.6	$	173.8
Cost of revenues	—		73.6		71.2		140.4
Gross profit	—		15.8		20.4		33.4
Selling, general, and administrative expenses	—		3.0		3.3		5.8
Gain on sale of discontinued operations	(359.7)		—		(359.7)		—
Income from discontinued operations before income taxes	359.7		12.8		376.8		27.6
Provision for income taxes	82.1		3.6		84.7		6.4
Income from discontinued operations, net of income taxes	$	277.6	$	9.2	$	292.1	$	21.2


	December 31, 2025

	(in millions)
Receivables, net	$	5.1
Inventory, net	88.3
Other current assets	0.3
Property, plant, and equipment, net	52.5
Goodwill	19.9

Other non-current assets	1.8
Total assets of discontinued operations	$	167.9

Accounts payable	$	46.0
Accrued liabilities	9.2
Advance billings	31.1

Other non-current liabilities	2.9
Total liabilities of discontinued operations	$	89.2