Business Segments

12 Months Ended

Dec. 31, 2011

Business Segments

Business Segments

(9) Business Segments

        The Company has identified two business segments based on the distinctness of their activities products: lime and limestone operations and natural gas interests. All operations are in the United States. In evaluating the operating results of the Company's segments, management primarily reviews revenues and gross profit. The Company does not allocate corporate overhead or interest costs to its business segments.

        Operating results and certain other financial data for the years ended December 31, 2011, 2010 and 2009 for the Company's two business segments are as follows:

	2011		2010		2009
Revenues
Lime and limestone operations	$	129,704	$	125,169	$	110,406
Natural gas interests		12,878		7,425		6,925
Total revenues	$	142,582	$	132,594	$	117,331
Depreciation, depletion and amortization
Lime and limestone operations	$	12,195	$	12,135	$	12,081
Natural gas interests		1,402		1,172		1,001
Total depreciation, depletion and amortization	$	13,597	$	13,307	$	13,082
Gross profit
Lime and limestone operations	$	32,142	$	31,209	$	24,343
Natural gas interests		9,207		4,832		4,410
Total gross profit	$	41,349	$	36,041	$	28,753
Identifiable assets, at year end
Lime and limestone operations	$	133,487	$	136,103	$	140,493
Natural gas interests		13,789		14,036		12,746
Unallocated corporate assets and cash items		55,282		38,359		18,831
Total identifiable assets	$	202,558	$	188,498	$	172,070
Capital expenditures
Lime and limestone operations	$	7,696	$	6,777	$	6,353
Natural gas interests		1,717		2,551		300
Total capital expenditures	$	9,413	$	9,328	$	6,653