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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff
Knife River Corporation
Common Stock
Common Stock
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff
Knife River Corporation
Other Paid-in Capital
Retained Earnings
Retained Earnings
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff
Knife River Corporation
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff
Knife River Corporation
Treasury Stock
Treasury Stock
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff
Knife River Corporation
Common stock, beginning balance (in shares) at Dec. 31, 2022     204,162,814                
Beginning balance at Dec. 31, 2022 $ 3,587,129   $ 204,163   $ 1,466,037 $ 1,951,138   $ (30,583)   $ (3,626)  
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2022                   (538,921)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 38,353         38,353          
Other comprehensive income (loss) 217             217      
Dividends declared on common stock (45,574)         (45,574)          
Stock-based compensation 3,108       3,108            
Repurchase of common stock (in shares)                   (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 (in shares)                   153,622  
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings (3,040)       (7,851)         $ 4,811  
Common stock, ending balance (in shares) at Mar. 31, 2023     204,162,814                
Ending balance at Mar. 31, 2023 3,575,382   $ 204,163   1,461,294 1,943,917   (30,366)   $ (3,626)  
Treasury stock, common, ending balance (in shares) at Mar. 31, 2023                   (538,921)  
Common stock, beginning balance (in shares) at Dec. 31, 2022     204,162,814                
Beginning balance at Dec. 31, 2022 3,587,129   $ 204,163   1,466,037 1,951,138   (30,583)   $ (3,626)  
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2022                   (538,921)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 243,974                    
Other comprehensive income (loss) $ 518                    
Common stock, ending balance (in shares) at Sep. 30, 2023 203,638,373   203,638,373                
Ending balance at Sep. 30, 2023 $ 2,757,434   $ 203,638   1,462,939 1,108,616   (17,759)   $ 0  
Treasury stock, common, ending balance (in shares) at Sep. 30, 2023                   0  
Common stock, beginning balance (in shares) at Mar. 31, 2023     204,162,814                
Beginning balance at Mar. 31, 2023 3,575,382   $ 204,163   1,461,294 1,943,917   (30,366)   $ (3,626)  
Treasury stock, common, beginning balance (in shares) at Mar. 31, 2023                   (538,921)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 130,692         130,692          
Other comprehensive income (loss) 363             363      
Dividends declared on common stock (45,158)         (45,158)          
Stock-based compensation $ (927)       (927)            
Separation of Knife River (in shares)       538,921             538,921
Separation of Knife River   $ (954,541)   $ (539)     $ (969,934)   $ 12,306   $ 3,626
Issuance of common stock (in shares) 14,480                    
Costs of issuance of common stock $ 382   $ 14   368            
Common stock, ending balance (in shares) at Jun. 30, 2023     203,638,373                
Ending balance at Jun. 30, 2023 2,706,193   $ 203,638   1,460,735 1,059,517   (17,697)   $ 0  
Treasury stock, common, ending balance (in shares) at Jun. 30, 2023                   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 74,929         74,929          
Other comprehensive income (loss) (62)             (62)      
Dividends declared on common stock (25,645)         (25,645)          
Stock-based compensation $ 2,204       2,204            
Separation of Knife River   $ (185)         $ (185)        
Common stock, ending balance (in shares) at Sep. 30, 2023 203,638,373   203,638,373                
Ending balance at Sep. 30, 2023 $ 2,757,434   $ 203,638   1,462,939 1,108,616   (17,759)   $ 0  
Treasury stock, common, ending balance (in shares) at Sep. 30, 2023                   0  
Common stock, beginning balance (in shares) at Dec. 31, 2023 203,689,090   203,689,090                
Beginning balance at Dec. 31, 2023 $ 2,905,233   $ 203,689   1,466,235 1,253,693   (18,384)   $ 0  
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2023                   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 100,898         100,898          
Other comprehensive income (loss) 74             74      
Dividends declared on common stock (25,779)         (25,779)          
Stock-based compensation 3,173       3,173            
Costs of issuance of common stock (35)       (35)            
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings (in shares)     199,147                
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings (2,623)   $ 199   (2,822)            
Common stock, ending balance (in shares) at Mar. 31, 2024     203,888,237                
Ending balance at Mar. 31, 2024 $ 2,980,941   $ 203,888   1,466,551 1,328,812   (18,310)   $ 0  
Treasury stock, common, ending balance (in shares) at Mar. 31, 2024                   0  
Common stock, beginning balance (in shares) at Dec. 31, 2023 203,689,090   203,689,090                
Beginning balance at Dec. 31, 2023 $ 2,905,233   $ 203,689   1,466,235 1,253,693   (18,384)   $ 0  
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2023                   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 225,950                    
Other comprehensive income (loss) $ 497                    
Common stock, ending balance (in shares) at Sep. 30, 2024 203,888,237   203,888,237                
Ending balance at Sep. 30, 2024 $ 3,057,985   $ 203,888   1,470,429 1,401,555   (17,887)   $ 0  
Treasury stock, common, ending balance (in shares) at Sep. 30, 2024                   0  
Common stock, beginning balance (in shares) at Mar. 31, 2024     203,888,237                
Beginning balance at Mar. 31, 2024 2,980,941   $ 203,888   1,466,551 1,328,812   (18,310)   $ 0  
Treasury stock, common, beginning balance (in shares) at Mar. 31, 2024                   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 60,436         60,436          
Other comprehensive income (loss) 139             139      
Dividends declared on common stock (25,644)         (25,644)          
Stock-based compensation 1,947       1,947            
Costs of issuance of common stock (15)       (15)            
Common stock, ending balance (in shares) at Jun. 30, 2024     203,888,237                
Ending balance at Jun. 30, 2024 3,017,804   $ 203,888   1,468,483 1,363,604   (18,171)   $ 0  
Treasury stock, common, ending balance (in shares) at Jun. 30, 2024                   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 64,615         64,615          
Other comprehensive income (loss) 284             284      
Dividends declared on common stock (26,664)         (26,664)          
Stock-based compensation $ 1,946       1,946            
Common stock, ending balance (in shares) at Sep. 30, 2024 203,888,237   203,888,237                
Ending balance at Sep. 30, 2024 $ 3,057,985   $ 203,888   $ 1,470,429 $ 1,401,555   $ (17,887)   $ 0  
Treasury stock, common, ending balance (in shares) at Sep. 30, 2024                   0