XML 73 R61.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings Per Share - Schedule of Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Earnings Per Share [Abstract]                
Net income $ 41,767 $ 38,972 $ 28,214 $ 36,014 $ 38,649 $ 26,074 $ 108,953 $ 100,737
Weighted average common shares outstanding - basic (in shares) [1] 50,972,000     50,972,000     50,972,000 50,972,000
Weighted average common shares outstanding - diluted (in shares) [1] 50,972,000     50,972,000     50,972,000 50,972,000
Earnings per share - basic (in dollars per share) $ 0.82     $ 0.71     $ 2.14 $ 1.98
Earnings per share - diluted (in dollars per share) $ 0.82     $ 0.71     $ 2.14 $ 1.98
[1]     Prior to the Separation (as defined below), Everus Construction had 1,000 common shares issued and outstanding. On October 31, 2024, as part of the Distribution (as defined below), 50,972,059 shares of Everus common stock were issued and outstanding. Basic and diluted earnings per share for periods prior to the Separation and Distribution have been retrospectively adjusted to reflect the Everus shares outstanding on the Distribution date. Refer to Note 1 and Note 2 for more information.