Knife River Corp
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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Jun 30, 2026 · Filed Aug 4, 2026
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5. Inventories
Note 5 -Inventories
Inventories on the Consolidated Balance Sheets were as follows:
| June 30, 2026 | June 30, 2025 | December 31, 2025 | |
|---|---|---|---|
| (In thousands) | |||
| Finished products | $328,173 | $314,565 | $304,281 |
| Raw materials | 129,702 | 120,210 | 91,069 |
| Supplies and parts | 49,450 | 44,746 | 40,364 |
| Total | $507,325 | $479,521 | $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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