Reportable Segment

12 Months Ended

Dec. 31, 2020

Reportable Segment

Reportable Segment

(11) Reportable Segment

The Company has identified one reportable segment based on the distinctness of the Company’s activities and products: lime and limestone operations. All operations are in the United States. In evaluating the operating results of the Company, management primarily reviews revenues, gross profit and operating profit from the lime and limestone operations. Operating profit from its lime and limestone operations includes all of the Company’s selling, general and administrative costs. The Company does not allocate interest income and expense and other expense to its lime and limestone operations.

Operating results and certain other financial data for the years ended December 31, 2020, 2019 and 2018 for the Company’s Lime and Limestone Operations segment and Other are as follows:

Revenues		2020		2019		2018
Lime and limestone operations	$	159,707	$	156,981	$	141,922
Other		997		1,296		2,513
Total revenues	$	160,704	$	158,277	$	144,435
Depreciation, depletion and amortization
Lime and limestone operations	$	18,664	$	16,432	$	16,741
Other		715		962		650
Total depreciation, depletion and amortization	$	19,379	$	17,394	$	17,391
Gross profit (loss)
Lime and limestone operations	$	47,983	$	42,043	$	29,482
Other		(396)		(367)		1,004
Total gross profit	$	47,587	$	41,676	$	30,486
Operating profit (loss)
Lime and limestone operations	$	35,815	$	30,543	$	18,998
Other		(1,946)		(1,297)		1,004
Total operating profit	$	33,869	$	29,246	$	20,002
Identifiable assets, at period end
Lime and limestone operations	$	190,946	$	185,657	$	169,182
Other		88,152		61,380		75,489
Total identifiable assets	$	279,098	$	247,037	$	244,671
Capital expenditures
Lime and limestone operations	$	17,133	$	27,100	$	53,762
Other		—		—		—
Total capital expenditures	$	17,133	$	27,100	$	53,762

(1) Other Operating profit for the years ended December 31, 2020 and 2019 were adversely impacted by impairment charges of $1,550 and $930, respectively, to adjust the carrying value of long-lived assets related to the Company’s natural gas interests.