| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 81,097 | 77,668 | ||
| Trade receivables | 279,057 | - | ||
| Contract receivables | 197,994 | - | ||
| Retention receivables | 44,254 | - | ||
| Receivables, gross | 521,305 | - | ||
| Less expected credit loss | 4,541 | - | ||
| Receivables, net | 516,764 | 428,098 | ||
| Costs and estimated earnings in excess of billings on uncompleted contracts | 67,886 | 63,964 | ||
| Inventories | 436,535 | 479,521 | ||
| Prepayments and other current assets | 33,029 | 54,029 | ||
| Total current assets | 1,135,311 | 1,103,280 | ||
| Net property, plant and equipment | 1,961,437 | 1,924,220 | ||
| Goodwill | 469,381 | 464,133 | ||
| Intangible assets, gross-Customer Relationships | 32,503 | - | ||
| Intangible assets, gross-Noncompete Agreements | 3,107 | - | ||
| Less accumulated amortization-Noncompete Agreements | 2,850 | - | ||
| Intangible assets, gross-Trade Names | 7,470 | - | ||
| Less accumulated amortization-Trade Names | 685 | - | ||
| Intangible assets, gross-Order Or Production Backlog | 9,290 | - | ||
| Less accumulated amortization-Order Or Production Backlog | 6,202 | - | ||
| Intangible assets, gross-Other Intangible Assets | 5,968 | - | ||
| Less accumulated amortization-Other Intangible Assets | 317 | - | ||
| Other intangible assets, net | 33,418 | 38,147 | ||
| Operating lease right-of-use assets | 49,950 | 49,114 | ||
| Investments and other | 53,820 | 52,569 | ||
| Total noncurrent assets | 2,568,006 | 2,528,183 | ||
| Total assets | 3,703,317 | 3,631,463 | ||
| Long-term debt - current portion | 11,780 | 11,780 | ||
| Accounts payable | 211,157 | 172,204 | ||
| Billings in excess of costs and estimated earnings on uncompleted contracts | 42,837 | 36,306 | ||
| Accrued compensation | 36,977 | 31,398 | ||
| Taxes payable | 28,660 | 17,960 | ||
| Accrued interest | 15,680 | 7,697 | ||
| Current operating lease liabilities | 14,749 | 14,306 | ||
| Other accrued liabilities | 112,604 | 105,555 | ||
| Total current liabilities | 474,444 | 397,206 | ||
| Long-term debt | 1,175,968 | 1,341,174 | ||
| Deferred income taxes | 264,192 | 257,472 | ||
| Noncurrent operating lease liabilities | 35,201 | 34,807 | ||
| Other | 146,316 | 139,687 | ||
| Total liabilities | 2,096,121 | 2,170,346 | ||
| Common stock, 300,000,000 shares authorized, 0.01 par value, 57,095,301 shares issued and 56,664,165 shares outstanding at september30, 2025 57,043,841 shares issued and 56,612,705 shares outstanding at september30, 2024 57,043,841 shares issued and 56,612,705 shares outstanding at december31, 2024 | 571 | 571 | ||
| Other paid-in capital | 626,773 | 623,908 | ||
| Retained earnings | 992,590 | 849,439 | ||
| Treasury stock held at cost - 431,136 shares | 3,626 | 3,626 | ||
| Accumulated other comprehensive loss | -9,112 | -9,175 | ||
| Total stockholders' equity | 1,607,196 | 1,461,117 | ||
| Total liabilities and stockholders' equity | 3,703,317 | 3,631,463 | ||
Knife River Corp (KNF)
Knife River Corp (KNF)