Knife River Corp
For the period ended Mar 31, 2026. Filed May 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
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5. Inventories
Note 5 -Inventories
Inventories on the Consolidated Balance Sheets were as follows:
| March 31, 2026 | March 31, 2025 | December 31, 2025 | |
|---|---|---|---|
| (In thousands) | |||
| Finished products | $319,045 | $299,032 | $304,281 |
| Raw materials | 114,830 | 126,949 | 91,069 |
| Supplies and parts | 46,656 | 41,070 | 40,364 |
| Total | $480,531 | $467,051 | $435,714 |
Inventories are valued at the lower of cost or net realizable value using the average cost method. Inventories include production costs incurred as part of our aggregate mining activities. These inventoriable production costs include all mining and processing costs associated with the production of aggregates. Stripping costs incurred during the production phase, which represent costs of removing overburden and waste materials to access mineral deposits, are a component of inventoriable production costs.
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