SEGMENT REPORTING

3 Months Ended

Mar. 31, 2013

SEGMENT REPORTING

NOTE 13: 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 construction aggregates outside the United States. Intersegment sales are made at local market prices for the particular grade and quality of product utilized in the production of ready-mixed concrete and asphalt mix. Management reviews earnings from the product line reporting segments principally at the gross profit level.

SEGMENT FINANCIAL DISCLOSURE

	Three Months Ended March 31
in millions	2013		2012
Total Revenues
Aggregates 1
Segment revenues		$359.0		$355.6
Intersegment sales		(33.6)		(31.1)
Net sales		325.4		324.5
Concrete 2
Segment revenues		99.9		92.5
Intersegment sales		0.0		(0.5)
Net sales		99.9		92.0
Asphalt Mix
Segment revenues		67.3		71.4
Net sales		67.3		71.4
Cement 3
Segment revenues		22.7		20.5
Intersegment sales		(10.7)		(8.5)
Net sales		12.0		12.0
Totals
Net sales		504.6		499.9
Delivery revenues		33.6		36.0
Total revenues		$538.2		$535.9
Gross Profit
Aggregates		$24.8		$34.0
Concrete		(10.0)		(12.3)
Asphalt Mix		1.9		(0.6)
Cement		1.0		0.9
Total		$17.7		$22.0
Depreciation, Depletion, Accretion and Amortization 4
Aggregates		$55.9		$62.4
Concrete		8.0		11.2
Asphalt Mix		2.0		2.2
Cement		3.9		4.0
Other		5.8		5.4
Total		$75.6		$85.2

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.

⁴    The allocation of indirect depreciation to our operating segments was changed in the fourth quarter of 2012 to better align the presentation with how management views information internally. The 2012 DDA&A amounts presented above have been revised to conform to the 2013 presentation.