SEGMENT REPORTING

9 Months Ended

Sep. 30, 2019

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

Note 13: Segment Reporting

We have four operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt, Concrete and Calcium. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete. Management reviews earnings from the product line reporting segments principally at the gross profit level.

segment financial disclosure

	Three Months Ended		Nine Months Ended
	September 30		September 30
in thousands	2019	2018	2019	2018
Total Revenues
Aggregates 1	$      1,133,085	$      983,731	$      3,030,111	$   2,639,653
Asphalt 2	270,237	231,700	649,490	547,363
Concrete	112,964	101,719	300,369	309,404
Calcium	2,119	1,912	6,073	6,136
Segment sales	$      1,518,405	$   1,319,062	$      3,986,043	$   3,502,556
Aggregates intersegment sales	(99,647)	(78,865)	(243,092)	(207,734)
Total revenues	$      1,418,758	$   1,240,197	$      3,742,951	$   3,294,822
Gross Profit
Aggregates	$         357,202	$      303,787	$         872,133	$      735,484
Asphalt	27,639	23,857	51,950	49,853
Concrete	15,037	14,587	36,487	38,098
Calcium	765	911	2,250	2,226
Total	$         400,643	$      343,142	$         962,820	$      825,661
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$           78,978	$        72,729	$         227,259	$      208,420
Asphalt	8,909	8,428	26,343	22,728
Concrete	3,371	3,041	9,662	9,504
Calcium	59	68	177	207
Other	4,930	5,124	15,484	15,604
Total	$           96,247	$        89,390	$         278,925	$      256,463
Identifiable Assets 3
Aggregates			$      9,403,342	$   8,890,421
Asphalt			601,059	551,336
Concrete			302,003	278,487
Calcium			3,990	4,288
Total identifiable assets			$    10,310,394	$   9,724,532
General corporate assets			138,177	108,034
Cash and cash equivalents and restricted cash			91,102	43,069
Total assets			$    10,539,673	$   9,875,635

1	Includes product sales (crushed stone, sand and gravel, sand, and other aggregates), as well as freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to aggregates.
2	Includes product sales, as well as service revenues (see Note 4) from our asphalt construction paving business.
3	Certain temporarily idled assets are included within a segment's Identifiable Assets but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.