Reportable Segment Information

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Reportable Segment Information

Reportable Segment Information

Our reportable segments are the same as our operating segments and correspond with how our chief operating decision maker, or decision-making group (our “CODM”), regularly reviews financial information to allocate resources and assess performance. We identified our CODM as our Chief Executive Officer and our Chief Operating Officer. Our reportable segments are: Construction and Materials.

Summarized segment information is as follows (in thousands):

Three months ended June 30,	Construction		Materials		Total
2023
Total revenue from reportable segments	$	749,413	$	206,832	$	956,245
Elimination of intersegment revenue	—		(57,693)		(57,693)
Revenue from external customers	$	749,413	$	149,139	$	898,552
Gross profit	$	79,154	$	23,932	$	103,086
Depreciation, depletion and amortization	$	10,238	$	7,090	$	17,328
2022 (As Restated and Recast)
Total revenue from reportable segments	$	713,221	$	180,444	$	893,665
Elimination of intersegment revenue	—		(44,418)		(44,418)
Revenue from external customers	$	713,221	$	136,026	$	849,247
Gross profit	$	80,252	$	17,314	$	97,566
Depreciation, depletion and amortization	$	5,595	$	6,804	$	12,399

Six Months Ended June 30,	Construction		Materials		Total
2023
Total revenue from reportable segments	$	1,252,829	$	278,752	$	1,531,581
Elimination of intersegment revenue	—		(72,961)		(72,961)
Revenue from external customers	$	1,252,829	$	205,791	$	1,458,620
Gross profit	$	115,859	$	19,586	$	135,445
Depreciation, depletion and amortization	$	19,993	$	13,213	$	33,206
Segment assets as of period end	$	443,112	$	414,858	$	857,970
2022 (As Recast)
Total revenue from reportable segments	$	1,291,487	$	272,967	$	1,564,454
Elimination of intersegment revenue	—		(61,321)		(61,321)
Revenue from external customers	$	1,291,487	$	211,646	$	1,503,133
Gross profit	$	138,731	$	18,927	$	157,658
Depreciation, depletion and amortization	$	13,389	$	13,137	$	26,526
Segment assets as of period end	$	369,160	$	357,922	$	727,082

A reconciliation of segment gross profit to consolidated income (loss) before income taxes is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
			As Restated and Recast				As Recast
(in thousands)	2023		2022		2023		2022
Total gross profit from reportable segments	$	103,086	$	97,566	$	135,445	$	157,658
Selling, general and administrative expenses	64,563		60,121		137,685		130,241
Other costs, net	13,607		16,612		18,130		22,891
Gain on sales of property and equipment	(3,944)		(8,915)		(5,981)		(9,513)
Total other (income) expense, net	43,682		1,502		35,674		4,536
Income (loss) before income taxes	$	(14,822)	$	28,246	$	(50,063)	$	9,503