BUSINESS SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2012

Business Segment Information [Abstract]

BUSINESS SEGMENT INFORMATION

Note 5: BUSINESS SEGMENT INFORMATION

As previously mentioned, we operate in five segments.  We determine our operating segments based on the discrete financial information that is regularly evaluated by our chief operating decision maker, our President and Chief Executive Officer, in deciding how to allocate resources and in assessing performance.  Intersegment sales are not material and are eliminated in the corporate segment.  Our reportable measure of profit or loss for each segment is operating profit, which is defined as net sales less cost of sales and selling, general and administrative expenses related to a segment's operations.  The costs deducted to arrive at operating profit do not include several items, such as net interest expense or income taxes.  Segment assets are those assets used in the operations of that segment.  Corporate assets include assets used in the operation of this segment as well as those used by or shared amongst our segments, including certain cash and equivalent assets, certain fixed assets, assets associated with certain employee benefit plans, and other miscellaneous assets.

The following tables set forth certain financial information by segment:

	Nine Months Ended September 30,						Three Months Ended September 30,
	2012			2011			2012			2011
Net sales:
Minerals and materials	$	377.3		$	356.4		$	121.0		$	122.3
Environmental		172.8			197.6			60.4			71.1
Oilfield services		185.5			140.9			69.1			50.2
Transportation		33.5			42.3			10.7			14.8
Intersegment sales		(22.8	)		(27.4	)		(7.9	)		(10.3	)
Total	$	746.3		$	709.8		$	253.3		$	248.1
Operating profit (loss):
Minerals and materials	$	62.0		$	49.1		$	18.0		$	19.6
Environmental		13.6			17.9			6.6			7.8
Oilfield services		20.4			15.2			7.9			5.7
Transportation		0.7			1.9			0.2			0.7
Corporate		(16.8	)		(17.2	)		(5.1	)		(7.2	)
Total	$	79.9		$	66.9		$	27.6		$	26.6
	As of Sep 30, 2012			As of Dec. 31, 2011
Assets:
Minerals and materials	$	450.3		$	431.1
Environmental		173.8			160.0
Oilfield services		211.5			194.7
Transportation		3.1			3.9
Corporate		74.1			60.9
Total	$	912.8		$	850.6

	Nine Months Ended September 30,					Three Months Ended September 30,
	2012			2011		2012		2011
Depreciation, depletion and amortization:
Minerals and materials	$	14.5		$	15.5	$	5.0	$	5.5
Environmental		4.0			4.1		1.3		1.5
Oilfield services		12.6			9.5		4.4		3.4
Transportation		0.1			0.1		0.1		0.1
Corporate		2.1			2.0		0.7		0.8
Total	$	33.3		$	31.2	$	11.5	$	11.3
Capital expenditures:
Minerals and materials	$	20.7		$	17.8	$	9.9	$	8.7
Environmental		7.9			6.4		1.6		4.6
Oilfield services		20.8			17.8		7.8		4.9
Transportation		-			0.2		-		-
Corporate		4.8			1.6		2.7		0.8
Total	$	54.2		$	43.8	$	22.0	$	19.0
Research and development (income) expense:
Minerals and materials	$	5.4		$	4.7	$	1.8	$	1.6
Environmental		1.8			1.6		0.6		0.5
Oilfield services		0.6			0.2		0.2		-
Corporate		(0.1	)		0.1		-		0.3
Total	$	7.7		$	6.6	$	2.6	$	2.4