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Unaudited Consolidated Statements of Operations - Summit Materials LLC - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Revenue:        
Total revenue $ 729,150 $ 686,554 $ 1,164,538 $ 1,107,501
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 492,403 484,205 846,440 837,585
General and administrative expenses 55,550 47,651 101,912 99,575
Depreciation, depletion, amortization and accretion 54,787 47,157 105,681 98,350
Gain on sale of property, plant and equipment (3,223) (3,695) (3,653) (4,950)
Operating income 129,633 111,236 114,158 76,941
Interest expense 27,902 20,599 55,322 40,748
Loss on debt financings 0 0 493 0
Gain on sale of businesses 0 (156,053) 0 (170,258)
Other income, net (5,478) (977) (11,188) (1,673)
Income from operations before taxes 107,209 246,713 69,531 207,170
Income tax expense 22,481 53,947 16,015 49,204
Net income attributable to Summit Inc. 83,637 190,113 52,833 155,821
Summit Materials, LLC        
Revenue:        
Total revenue 729,150 686,554 1,164,538 1,107,501
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 492,403 484,205 846,440 837,585
General and administrative expenses 55,550 47,651 101,912 99,575
Depreciation, depletion, amortization and accretion 54,787 47,157 105,681 98,350
Gain on sale of property, plant and equipment (3,223) (3,695) (3,653) (4,950)
Operating income 129,633 111,236 114,158 76,941
Interest expense 27,902 20,599 55,322 40,748
Loss on debt financings 0 0 493 0
Gain on sale of businesses 0 (156,053) 0 (170,258)
Other income, net (5,478) (977) (11,188) (1,673)
Income from operations before taxes 107,209 247,667 69,531 208,124
Income tax expense 7,119 5,566 6,652 12,410
Net income attributable to Summit Inc. 100,090 242,101 62,879 195,714
Excluding delivery and subcontract revenue        
Revenue:        
Total revenue 680,373 631,918 1,087,643 1,024,413
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 443,626 429,569 769,545 754,497
Excluding delivery and subcontract revenue | Summit Materials, LLC        
Revenue:        
Total revenue 680,373 631,918 1,087,643 1,024,413
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 443,626 429,569 769,545 754,497
Product        
Revenue:        
Total revenue 595,714 542,939 967,886 898,608
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 377,634 360,356 673,515 650,701
Product | Summit Materials, LLC        
Revenue:        
Total revenue 595,714 542,939 967,886 898,608
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 377,634 360,356 673,515 650,701
Service        
Revenue:        
Total revenue 84,659 88,979 119,757 125,805
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 65,992 69,213 96,030 103,796
Service | Summit Materials, LLC        
Revenue:        
Total revenue 84,659 88,979 119,757 125,805
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 65,992 69,213 96,030 103,796
Delivery and subcontract revenue        
Revenue:        
Total revenue 48,777 54,636 76,895 83,088
Cost of revenue (excluding items shown separately below):        
Total cost of revenue 48,777 54,636 76,895 83,088
Delivery and subcontract revenue | Summit Materials, LLC        
Revenue:        
Total revenue 48,777 54,636 76,895 83,088
Cost of revenue (excluding items shown separately below):        
Total cost of revenue $ 48,777 $ 54,636 $ 76,895 $ 83,088