Quarterly Results (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Results (Unaudited) [Abstract]

Quarterly Results (Unaudited)

(17)        Quarterly Results (Unaudited)

Unaudited summarized results for each quarter of the last two years are as follows:

	2012 Quarters
	First			Second			Third			Fourth
Performance materials	$	125.2		$	131.1		$	121.0		$	114.6
Construction technologies		50.9			61.4			60.6			50.2
Energy services		55.3			61.1			69.1			71.8
Transportation		11.1			11.7			10.7			10.5
Intersegment sales		(7.1	)		(7.8	)		(7.9	)		(7.9	)
Net sales		235.4			257.5			253.5			239.2
Performance materials	$	33.4		$	35.6		$	31.2		$	26.7
Construction technologies		14.6			18.7			20.1			15.1
Energy services		15.4			19.2			17.7			18.8
Transportation		1.2			1.2			1.1			1.1
Intersegment gross profit		0.1			-			(0.3	)		0.2
Gross profit		64.7			74.7			69.8			61.9
Performance materials	$	21.5		$	22.5		$	18.0		$	14.3
Construction technologies		0.9			6.3			7.0			1.4
Energy services		4.8			7.7			7.9			8.3
Transportation		0.2			0.3			0.2			0.1
Corporate		(6.0	)		(5.7	)		(5.0	)		(6.6	)
Operating profit		21.4			31.1			28.1			17.5
Income (loss) from continuing operations	$	13.5		$	21.4		$	19.0		$	11.0
Income (loss) on discontinued operations	$	-		$	-		$	-		$	-
Net income (loss)	$	13.5		$	21.4		$	19.0		$	11.0
Net income (loss) attributable to noncontrolling interests	$	0.1		$	(0.3	)	$	-		$	-
Net income (loss) attributable to AMCOL shareholders	$	13.4		$	21.7		$	19.0		$	11.0
Basic earnings per share attributable to AMCOL shareholders (A)	$	0.42		$	0.68		$	0.59		$	0.34
Diluted earnings per share attributable to AMCOL shareholders (A)	$	0.41		$	0.67		$	0.59		$	0.34

(A) Earnings per share (EPS) for each quarter is computed using the weighted-average number of shares outstanding during the quarter, while EPS for the year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the EPS for each of the four quarters may not equal the EPS for the year.

Our construction technologies segment recorded an expense of $1.8 and $0.6 in other non-operating expense to provide for estimated losses on certain non-operating assets in the first quarter ended March 31, 2012 and fourth quarter ended December 31, 2012, respectively.

Our corporate segment recorded $0.7 of selling, general and administrative expense relating to impairment of certain corporate information technology assets in the first quarter ended March 31, 2012.

	2011 Quarters
	First			Second			Third			Fourth
Performance materials	$	115.8		$	118.3		$	122.2		$	120.4
Construction technologies		51.7			74.8			71.0			54.4
Energy services		45.6			45.1			50.1			53.9
Transportation		12.7			14.8			14.9			11.7
Intersegment sales		(7.2	)		(9.8	)		(10.3	)		(6.3	)
Net sales		218.6			243.2			247.9			234.1
Performance materials	$	28.1		$	26.2		$	31.5		$	30.7
Construction technologies		15.3			22.2			21.8			14.6
Energy services		13.5			11.7			15.4			15.4
Transportation		1.4			1.6			1.8			1.3
Intersegment gross profit		(0.4	)		0.1			(0.1	)		0.2
Gross profit		57.9			61.8			70.4			62.2
Performance materials	$	16.1		$	13.4		$	19.5		$	18.1
Construction technologies		1.8			8.0			7.0			0.5
Energy services		5.7			3.7			5.8			6.1
Transportation		0.5			0.7			0.7			0.3
Corporate		(5.1	)		(4.9	)		(7.2	)		(4.6	)
Operating profit		19.0			20.9			25.8			20.4
Income from continuing operations	$	13.2		$	12.9		$	20.8		$	12.8
Income (loss) on discontinued operations	$	(0.1	)	$	0.2		$	(1.3	)	$	-
Net income	$	13.1		$	13.1		$	19.5		$	12.8
Net income (loss) attributable to noncontrolling interests	$	-		$	-			-		$	-
Net income (loss) attributable to AMCOL shareholders	$	13.1		$	13.1		$	19.5		$	12.8
Basic earnings per share attributable to AMCOL shareholders (A)	$	0.42		$	0.41		$	0.61		$	0.40
Diluted earnings per share attributable to AMCOL shareholders (A)	$	0.41		$	0.41		$	0.61		$	0.40

(A) Earnings per share (EPS) for each quarter is computed using the weighted-average number of shares outstanding during the quarter, while EPS for the year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the EPS for each of the four quarters may not equal the EPS for the year.

Our performance materials segment recorded the following in the third quarter ended September 30, 2011:

- Reduction to cost of sales of $1.5 resulting from the recovery of certain mining costs in our chromite operations.

- Income from affiliates and joint ventures of $2.1 resulting from the sale of our Belgian joint venture.