XML 65 R22.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Segment Reporting
6 Months Ended
Jun. 30, 2011
Segment Reporting [Abstract]  
SEGMENT REPORTING
NOTE 17: SEGMENT REPORTING
We have four operating segments organized around our principal product lines: aggregates, concrete, asphalt mix and cement. The vast majority of our activities are domestic. We sell a relatively small amount of products outside the United States. Transactions between our reportable segments are recorded at prices approximating market levels. Management reviews earnings from the product line reporting units principally at the gross profit level.
SEGMENT FINANCIAL DISCLOSURE
 
    Three Months Ended     Six Months Ended  
    June 30     June 30  
           
in millions   2011     2010     2011     2010  
 
                       
 
                               
Total Revenues
                               
Aggregates 1
                               
Segment revenues
    $478.4       $513.9       $810.1       $855.2  
Intersegment sales
    (39.5 )     (42.4 )     (69.3 )     (74.5 )
 
                       
Net sales
    438.9       471.5       740.8       780.7  
 
                       
Concrete 2
                               
Segment revenues
    98.2       105.0       180.4       188.0  
Intersegment sales
    0.0       0.0       0.0       0.0  
 
                       
Net sales
    98.2       105.0       180.4       188.0  
 
                       
Asphalt mix
                               
Segment revenues
    110.9       103.5       175.5       166.5  
Intersegment sales
    0.0       0.0       0.0       0.0  
 
                       
Net sales
    110.9       103.5       175.5       166.5  
 
                       
Cement 3
                               
Segment revenues
    16.8       22.9       33.4       40.8  
Intersegment sales
    (7.3 )     (10.1 )     (16.3 )     (18.7 )
 
                       
Net sales
    9.5       12.8       17.1       22.1  
 
                       
Total
                               
Net sales
    657.5       692.8       1,113.8       1,157.3  
Delivery revenues
    44.5       43.4       75.4       72.1  
 
                       
Total revenues
    $702.0       $736.2       $1,189.2       $1,229.4  
 
                       
 
                               
Gross Profit
                               
Aggregates
    $102.8       $122.0       $113.6       $137.4  
Concrete
    (9.0 )     (5.6 )     (23.4 )     (21.7 )
Asphalt mix
    8.3       7.3       8.1       8.3  
Cement
    (1.3 )     (1.4 )     (4.6 )     (0.8 )
 
                       
Total
    $100.8       $122.3       $93.7       $123.2  
 
                       
 
                               
Depreciation, Depletion,
Accretion and Amortization
                               
Aggregates
    $71.1       $74.9       $141.2       $148.1  
Concrete
    13.2       13.4       26.2       26.4  
Asphalt mix
    2.0       2.3       3.9       4.5  
Cement
    4.7       5.2       9.1       9.6  
Corporate and other unallocated
    1.1       1.5       2.3       2.9  
 
                       
Total
    $92.1       $97.3       $182.7       $191.5  
 
                       
1   Includes crushed stone, sand and gravel, sand, other aggregates, as well as transportation and service revenues associated with the aggregates business.
 
2   Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale.
 
3   Includes cement and calcium products.