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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common stock
Other paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury Stock, Common
Common stock balance (in shares) at Dec. 31, 2021   203,889,661        
Balance at Dec. 31, 2021 $ 3,382,874 $ 203,889 $ 1,461,205 $ 1,762,410 $ (41,004) $ (3,626)
Treasury Stock, Common, Shares at Dec. 31, 2021           (538,921)
Net income 31,763     31,763    
Other comprehensive income 269       269  
Dividends declared on common stock (44,447)     (44,447)    
Stock-based compensation 2,689   2,689      
Repurchase of common stock           (266,821)
Repurchase of common stock (7,399)         $ (7,399)
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings     (12,303)      
Treasury Stock, Shares, Retired           266,821
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings           $ 7,399
Tax withholding on stock-based compensation (4,904)          
Issuance of common stock (127)   (127)      
Common stock balance (in shares) at Mar. 31, 2022   203,889,661        
Balance at Mar. 31, 2022 3,360,718 $ 203,889 1,451,464 1,749,726 (40,735) $ (3,626)
Treasury Stock, Common, Shares at Mar. 31, 2022           (538,921)
Common stock balance (in shares) at Dec. 31, 2021   203,889,661        
Balance at Dec. 31, 2021 3,382,874 $ 203,889 1,461,205 1,762,410 (41,004) $ (3,626)
Treasury Stock, Common, Shares at Dec. 31, 2021           (538,921)
Net income 250,401          
Other comprehensive income (2,242)          
Tax withholding on stock-based compensation $ (4,904)          
Common stock balance (in shares) at Sep. 30, 2022 203,889,661 203,889,661        
Balance at Sep. 30, 2022 $ 3,491,858 $ 203,889 1,455,241 1,879,600 (43,246) $ (3,626)
Treasury Stock, Common, Shares at Sep. 30, 2022 538,921         (538,921)
Common stock balance (in shares) at Mar. 31, 2022   203,889,661        
Balance at Mar. 31, 2022 $ 3,360,718 $ 203,889 1,451,464 1,749,726 (40,735) $ (3,626)
Treasury Stock, Common, Shares at Mar. 31, 2022           (538,921)
Net income 70,667     70,667    
Other comprehensive income (2,796)       (2,796)  
Dividends declared on common stock (44,446)     (44,446)    
Stock-based compensation 2,689   2,689      
Issuance of common stock (22)   (22)      
Common stock balance (in shares) at Jun. 30, 2022   203,889,661        
Balance at Jun. 30, 2022 3,386,810 $ 203,889 1,454,131 1,775,947 (43,531) $ (3,626)
Treasury Stock, Common, Shares at Jun. 30, 2022           (538,921)
Net income 147,971     147,971    
Other comprehensive income 285       285  
Dividends declared on common stock (44,318)     (44,318)    
Stock-based compensation $ 1,110   1,110      
Common stock balance (in shares) at Sep. 30, 2022 203,889,661 203,889,661        
Balance at Sep. 30, 2022 $ 3,491,858 $ 203,889 1,455,241 1,879,600 (43,246) $ (3,626)
Treasury Stock, Common, Shares at Sep. 30, 2022 538,921         (538,921)
Common stock balance (in shares) at Dec. 31, 2022 204,162,814 204,162,814        
Balance at Dec. 31, 2022 $ 3,587,129 $ 204,163 1,466,037 1,951,138 (30,583) $ (3,626)
Treasury Stock, Common, Shares at Dec. 31, 2022 538,921         (538,921)
Net income $ 38,353     38,353    
Other comprehensive income 217       217  
Dividends declared on common stock (45,574)     (45,574)    
Stock-based compensation 3,108   3,108      
Repurchase of common stock           (153,622)
Repurchase of common stock (4,811)         $ (4,811)
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings     (7,851)      
Treasury Stock, Shares, Retired           153,622
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings           $ 4,811
Tax withholding on stock-based compensation (3,040)          
Common stock balance (in shares) at Mar. 31, 2023   204,162,814        
Balance at Mar. 31, 2023 $ 3,575,382 $ 204,163 1,461,294 1,943,917 (30,366) $ (3,626)
Treasury Stock, Common, Shares at Mar. 31, 2023           (538,921)
Common stock balance (in shares) at Dec. 31, 2022 204,162,814 204,162,814        
Balance at Dec. 31, 2022 $ 3,587,129 $ 204,163 1,466,037 1,951,138 (30,583) $ (3,626)
Treasury Stock, Common, Shares at Dec. 31, 2022 538,921         (538,921)
Net income $ 243,974          
Other comprehensive income $ 518          
Treasury Stock, Shares, Retired 538,921          
Tax withholding on stock-based compensation $ (3,040)          
Common stock balance (in shares) at Sep. 30, 2023 203,638,373 203,638,373        
Balance at Sep. 30, 2023 $ 2,757,434 $ 203,638 1,462,939 1,108,616 (17,759) $ 0
Treasury Stock, Common, Shares at Sep. 30, 2023           0
Common stock balance (in shares) at Mar. 31, 2023   204,162,814        
Balance at Mar. 31, 2023 3,575,382 $ 204,163 1,461,294 1,943,917 (30,366) $ (3,626)
Treasury Stock, Common, Shares at Mar. 31, 2023           (538,921)
Net income 130,692     130,692    
Other comprehensive income 363       363  
Dividends declared on common stock (45,158)     (45,158)    
Stock-based compensation (927)   (927)      
Separation of Knife River, Treasury Stock Retirement           538,921
Separation of Knife River $ (954,541) (539)   969,934 12,306 $ 3,626
Issuance of common stock (shares) 14,480          
Stock Issued   $ 14        
Issuance of common stock $ 382   368      
Common stock balance (in shares) at Jun. 30, 2023   203,638,373        
Balance at Jun. 30, 2023 2,706,193 $ 203,638 1,460,735 1,059,517 (17,697) $ 0
Treasury Stock, Common, Shares at Jun. 30, 2023           0
Net income 74,929     74,929    
Other comprehensive income (62)       (62)  
Dividends declared on common stock (25,645)     (25,645)    
Stock-based compensation $ 2,204   2,204      
Treasury Stock, Shares, Retired 538,921          
Separation of Knife River $ (185)     185    
Common stock balance (in shares) at Sep. 30, 2023 203,638,373 203,638,373        
Balance at Sep. 30, 2023 $ 2,757,434 $ 203,638 $ 1,462,939 $ 1,108,616 $ (17,759) $ 0
Treasury Stock, Common, Shares at Sep. 30, 2023           0