Segment Information

9 Months Ended

Aug. 28, 2011

Segment Reporting [Abstract]

Segment Information [Text Block]

SEGMENT INFORMATION

The Company has determined that it has four operating and three reportable segments: Fiberglass-Composite Pipe, Water Transmission and Infrastructure Products.  Infrastructure Products consists of two operating segments, the Pole Products and Hawaii Divisions, which are aggregated.  Each of the segments has a dedicated management team and is managed separately, primarily because of differences in products.  Historically, TAMCO was not included in any of these segments. The Company's Chief Operating Decision Maker is the Chief Executive Officer who primarily reviews sales and income before interest, income taxes and equity in earnings of affiliate for each operating segment in making decisions about allocating resources and assessing performance.  The Company allocates certain selling, general and administrative expenses to operating segments utilizing assumptions believed to be appropriate in the circumstances.  Costs of certain shared services (e.g., costs of Company-wide insurance programs or benefit plans) are allocated to the operating segments based on revenue, wages or net assets employed.  Other items not related to current operations or of an unusual nature are not allocated to the reportable segments, such as adjustments to reflect inventory balances of certain steel inventories under the last-in, first-out (“LIFO”) method, certain unusual legal costs and expenses, interest expense and income taxes.

Following is information related to each reportable segment included in, and in a manner consistent with, internal management reports:

	Three Months Ended						Nine Months Ended
(In thousands)	August 28, 2011			August 29, 2010			August 28, 2011			August 29, 2010
Sales
Fiberglass-Composite Pipe	$	71,303		$	60,128		$	196,045		$	179,302
Water Transmission	41,409			41,432			105,423			108,532
Infrastructure Products	33,757			32,615			89,550			91,933
Eliminations	(1		)	24			(5		)	(6		)
Total Sales	$	146,468		$	134,199		$	391,013		$	379,761
Income/(Loss) Before Interest, Income Taxes and Equity in Loss of Affiliate
Fiberglass-Composite Pipe	$	11,777		$	14,784		$	35,841		$	46,614
Water Transmission	(3,160		)	2,121			(11,136		)	491
Infrastructure Products	4,160			3,436			4,944			7,020
Corporate and unallocated	(10,287		)	(9,679		)	(30,690		)	(28,575		)
Total Income/(Loss) Before Interest, Income Taxes and Equity in Loss of Affiliate	$	2,490		$	10,662		$	(1,041	)	$	25,550

(In thousands)	August 28, 2011			November 30, 2010
Assets
Fiberglass-Composite Pipe	$	312,918		$	335,135
Water Transmission	191,902			182,576
Infrastructure Products	102,464			92,729
Corporate and unallocated	292,969			343,070
Eliminations	(151,061		)	(171,941		)
Total Assets	$	749,192		$	781,569