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Unaudited Consolidated Statements of Operations - Summit Materials Inc - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenue:    
Total revenue $ 805,015 $ 435,388
Cost of revenue (excluding items shown separately below):    
Total cost of revenue 624,011 354,037
General and administrative expenses 68,526 45,998
Depreciation, depletion, amortization and accretion 95,971 50,894
Transaction and integration costs 62,208 364
Gain on sale of property, plant and equipment (848) (430)
Operating loss (44,853) (15,475)
Interest expense 51,892 27,420
Loss on debt financings 5,453 493
Gain on sale of businesses (14,985) 0
Other income, net (8,878) (5,710)
Loss from operations before taxes (78,335) (37,678)
Income tax benefit (11,065) (6,466)
Net loss (67,270) (31,212)
Net loss attributable to noncontrolling interest in Summit Holdings (404) (408)
Net loss attributable to Summit Inc. $ (66,866) $ (30,804)
Common Class A    
Loss per share of Class A common stock:    
Basic (in usd per share) $ (0.40) $ (0.26)
Diluted (in usd per share) $ (0.40) $ (0.26)
Weighted average shares of Class A common stock:    
Basic (in shares) 167,446,041 118,564,556
Diluted (in shares) 167,511,575 118,679,656
Common Class A And Restricted Stock    
Loss per share of Class A common stock:    
Basic (in usd per share) $ (0.40) $ (0.26)
Weighted average shares of Class A common stock:    
Basic (in shares) 167,511,575 118,679,656
Diluted (in shares) 167,511,575 118,679,656
Excluding delivery and subcontract revenue    
Revenue:    
Total revenue $ 773,229 $ 407,270
Cost of revenue (excluding items shown separately below):    
Total cost of revenue 592,225 325,919
Product    
Revenue:    
Total revenue 728,694 372,172
Cost of revenue (excluding items shown separately below):    
Total cost of revenue 556,020 295,881
Service    
Revenue:    
Total revenue 44,535 35,098
Cost of revenue (excluding items shown separately below):    
Total cost of revenue 36,205 30,038
Delivery and subcontract revenue    
Revenue:    
Total revenue 31,786 28,118
Cost of revenue (excluding items shown separately below):    
Total cost of revenue $ 31,786 $ 28,118