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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Other Paid-in Capital
Retained Earnings
Total Accumulated Other Comprehensive Loss
Treasury Stock
Common stock, beginning balance (in shares) at Dec. 31, 2021   203,889,661        
Beginning balance at Dec. 31, 2021 $ 3,382,874 $ 203,889 $ 1,461,205 $ 1,762,410 $ (41,004) $ (3,626)
Treasury stock, common, beginning balance (in shares) at Dec. 31, 2021           (538,921)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 367,489     367,489    
Other comprehensive income (loss) 10,421       10,421  
Dividends declared on common stock (178,761)     (178,761)    
Employee stock-based compensation 10,254   10,254      
Repurchase of common stock (in shares)           (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 (in shares)           266,821
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings (4,904)   (12,303)     $ 7,399
Issuance of common stock (in shares)   273,153        
Issuance of common stock 7,155 $ 274 6,881      
Common stock, ending balance (in shares) at Dec. 31, 2022   204,162,814        
Ending balance at Dec. 31, 2022 3,587,129 $ 204,163 1,466,037 1,951,138 (30,583) $ (3,626)
Treasury stock, common, ending balance (in shares) at Dec. 31, 2022           (538,921)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 414,707     414,707    
Other comprehensive income (loss) (107)       (107)  
Dividends declared on common stock (142,033)     (142,033)    
Employee stock-based compensation 6,781   6,781      
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
Separation of Knife River and Everus (in shares)   (538,921)       (538,921)
Separation of Knife River and Everus (954,726) $ (539)   (970,119) 12,306 $ 3,626
Issuance of common stock (in shares)   65,197        
Issuance of common stock $ 1,333 $ 65 1,268      
Common stock, ending balance (in shares) at Dec. 31, 2023 203,689,090 203,689,090        
Ending balance at Dec. 31, 2023 $ 2,905,233 $ 203,689 1,466,235 1,253,693 (18,384) $ 0
Treasury stock, common, ending balance (in shares) at Dec. 31, 2023           0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 281,108     281,108    
Other comprehensive income (loss) 1,586       1,586  
Dividends declared on common stock (104,786)     (104,786)    
Employee stock-based compensation 9,572   9,572      
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)      
Separation of Knife River and Everus (400,316)     (400,316)    
Issuance of common stock (in shares)   46,341        
Issuance of common stock $ 800 $ 47 753      
Common stock, ending balance (in shares) at Dec. 31, 2024 203,934,578 203,934,578        
Ending balance at Dec. 31, 2024 $ 2,690,574 $ 203,935 $ 1,473,738 $ 1,029,699 $ (16,798) $ 0
Treasury stock, common, ending balance (in shares) at Dec. 31, 2024           0