SEGMENT REPORTING

6 Months Ended

Jun. 30, 2020

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		Six Months Ended
	June 30		June 30
in thousands	2020	2019	2020	2019
Total Revenues
Aggregates 1	$      1,070,596	$    1,062,061	$      1,938,822	$    1,897,026
Asphalt 2	222,950	247,163	362,739	379,253
Concrete	100,683	103,768	195,448	187,405
Calcium	1,889	2,003	3,915	3,954
Segment sales	$      1,396,118	$    1,414,995	$      2,500,924	$    2,467,638
Aggregates intersegment sales	(73,543)	(87,313)	(129,107)	(143,445)
Total revenues	$      1,322,575	$    1,327,682	$      2,371,817	$    2,324,193
Gross Profit
Aggregates	$         351,162	$       329,215	$         545,293	$       514,931
Asphalt	30,464	27,583	28,029	24,311
Concrete	14,227	12,887	23,440	21,450
Calcium	666	817	1,480	1,485
Total	$         396,519	$       370,502	$         598,242	$       562,177
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$           80,747	$         75,760	$         157,883	$       148,281
Asphalt	8,668	8,884	17,402	17,434
Concrete	4,001	3,327	8,083	6,291
Calcium	48	58	97	118
Other	6,006	5,468	11,486	10,553
Total	$           99,470	$         93,497	$         194,951	$       182,677
Identifiable Assets 3
Aggregates			$      9,545,787	$    9,385,444
Asphalt			583,902	597,328
Concrete			321,304	299,729
Calcium			3,718	4,042
Total identifiable assets			$    10,454,711	$  10,286,543
General corporate assets			126,814	167,699
Cash and cash equivalents and restricted cash			817,199	26,522
Total assets			$    11,398,724	$  10,480,764

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.