Business Segments

6 Months Ended

Jun. 30, 2011

Business Segments

Business Segments

. Corporate assets for 2011 and 2010 include cash and cash equivalents, refundable income taxes, deferred income taxes, investments and other assets. Corporate assets for 2011 also include short-term investments. Following is a summary of the Company's business segment results for the periods indicated:

			Ready- Mixed			Adjustments
	Cement Business		Concrete Business			and Eliminations			Consolidated
For the Three Months Ended 6/30/11
Sales to unaffiliated customers	$	12,890,501	$	18,493,636		$	-		$	31,384,137
Intersegment sales		3,721,722		-			(3,721,722	)		-
Total net sales	$	16,612,223	$	18,493,636		$	(3,721,722	)	$	31,384,137
Income (Loss) from operations	$	1,352,876	$	(1,220,308	)				$	132,568
Other income, net									$	2,612,696
Income before income taxes									$	2,745,264
Capital Expenditures	$	820,951	$	509,846					$	1,330,797

			Ready- Mixed			Adjustments
	Cement Business		Concrete Business			and Eliminations			Consolidated
For the Three Months Ended 6/30/10
Sales to unaffiliated customers	$	13,885,233	$	20,188,514		$	-		$	34,073,747
Intersegment sales		4,320,524		-			(4,320,524	)		-
Total net sales	$	18,205,757	$	20,188,514		$	(4,320,524	)	$	34,073,747
Income (Loss) from operations	$	4,275,487	$	(625,741	)				$	3,649,746
Other expense, net										(162,780	)
Income before income taxes									$	3,486,966
Capital Expenditures	$	689,977	$	1,081,230					$	1,771,207

For the Six Months Ended 6/30/2011
Sales to unaffiliated customers	$	18,997,645		$	29,797,207		$	-		$	48,794,852
Intersegment sales		5,911,723			-			(5,911,723	)		-
Total net sales	$	24,909,368		$	29,797,207		$	(5,911,723	)	$	48,794,852
Loss from operations	$	(3,585,507	)	$	(3,766,644	)				$	(7,352,151	)
Other income, net											5,421,638
Loss before income taxes										$	(1,930,513	)
Capital Expenditures	$	1,348,043		$	1,178,509					$	2,526,552

For the Six Months Ended 6/30/10
Sales to unaffiliated customers	$	20,831,116	$	31,437,357		$	-		$	52,268,473
Intersegment sales		6,672,183		-			(6,672,183	)		-
Total net sales	$	27,503,299	$	31,437,357		$	(6,672,183	)	$	52,268,473
Income (Loss) from operations	$	1,015,077	$	(3,717,121	)				$	(2,702,044	)
Other income, net										616,684
Loss before income taxes									$	(2,085,360	)
Capital Expenditures	$	1,155,295	$	2,121,877					$	3,277,172

Balance as of 6/30/11
Identifiable Assets	$	89,677,856	$	44,691,597	$	134,369,453
Corporate Assets						43,690,251
					$	178,059,704

Balance as of 6/30/10
Identifiable Assets	$	96,126,607	$	42,898,774	$	139,025,381
Corporate Assets						40,490,864
					$	179,516,245