Reportable Segment Information (Tables)

Summarized segment information is as follows (in thousands):


Three months ended September 30,	Construction		Materials		Total
2026
Total revenue from reportable segments	$	1,474,017	$	437,420	$	1,911,437
Elimination of intersegment revenue	—		(145,106)		(145,106)
Revenue	1,474,017		292,314		1,766,331


Cost of revenue	1,199,678		230,893		1,430,571
Gross profit	274,339		61,421		335,760
Selling, general and administrative expenses	58,256		12,513		70,769
Loss on sales of property and equipment, net	544		867		1,411
Operating income from reportable segments	$	215,539	$	48,041	$	263,580
Depreciation, depletion and amortization	$	23,364	$	25,518	$	48,882


2025
Total revenue from reportable segments	$	1,162,513	$	376,559	$	1,539,072
Elimination of intersegment revenue	—		(105,574)		(105,574)
Revenue	1,162,513		270,985		1,433,498


Cost of revenue	970,167		202,783		1,172,950
Gross profit	192,346		68,202		260,548
Selling, general and administrative expenses	52,390		9,974		62,364
(Gain) loss on sales of property and equipment, net	(2,298)		1,156		(1,142)
Operating income from reportable segments	$	142,254	$	57,072	$	199,326
Depreciation, depletion and amortization	$	27,935	$	18,894	$	46,829


Nine Months Ended September 30,	Construction		Materials		Total
2026
Total revenue from reportable segments	$	3,447,550	$	999,760	$	4,447,310
Elimination of intersegment revenue	—		(312,642)		(312,642)
Revenue	3,447,550		687,118		4,134,668


Cost of revenue	2,872,337		577,895		3,450,232
Gross profit	575,213		109,223		684,436
Selling, general and administrative expenses	191,699		33,355		225,054
(Gain) loss on sales of property and equipment, net	(5,759)		2,245		(3,514)
Operating income from reportable segments	$	389,273	$	73,623	$	462,896
Depreciation, depletion and amortization	$	61,039	$	73,280	$	134,319
Segment assets as of period end	$	810,224	$	1,448,248	$	2,258,472
2025
Total revenue from reportable segments	$	2,714,557	$	733,995	$	3,448,552
Elimination of intersegment revenue	—		(189,543)		(189,543)
Revenue	2,714,557		544,452		3,259,009


Cost of revenue	2,283,107		432,406		2,715,513
Gross profit	431,450		112,046		543,496
Selling, general and administrative expenses	163,040		24,541		187,581
Gain on sales of property and equipment, net	(4,826)		(974)		(5,800)
Operating income from reportable segments	$	273,236	$	88,479	$	361,715
Depreciation, depletion and amortization	$	61,610	$	46,722	$	108,332
Segment assets as of period end	$	716,082	$	1,326,266	$	2,042,348

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


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2026		2025		2026		2025
Total operating income from reportable segments	$	263,580	$	199,326	$	462,896	$	361,715
Corporate selling, general and administrative expenses	33,355		39,281		127,814		115,862
Corporate (gain) loss on sales of property and equipment, net	(1,111)		375		(372)		(310)
Other costs, net	6,998		16,019		15,441		38,698
Total operating income	224,338		143,651		320,013		207,465
Total other (income) expense, net	157,181		(3,874)		540,700		(7,536)
Income (loss) before income taxes	$	67,157	$	147,525	$	(220,687)	$	215,001