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Revenues and Gross Profit
6 Months Ended
Jun. 30, 2022
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

12. Revenues and Gross Profit

The Building Materials business includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines. Cement and ready mixed concrete product lines and paving services reside only in the West Group. The following table, which is reconciled to consolidated amounts, provides total revenues and gross profit (loss) by product line and reflects continuing operations only.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

955.2

 

 

$

801.8

 

 

$

1,641.1

 

 

$

1,374.4

 

Cement

 

 

157.9

 

 

 

116.5

 

 

 

292.2

 

 

 

226.1

 

Ready mixed concrete

 

 

226.1

 

 

 

268.4

 

 

 

516.2

 

 

 

503.7

 

Asphalt and paving services

 

 

212.3

 

 

 

135.3

 

 

 

267.1

 

 

 

147.6

 

Less: interproduct revenues

 

 

(102.3

)

 

 

(96.7

)

 

 

(190.4

)

 

 

(169.8

)

Products and services

 

 

1,449.2

 

 

 

1,225.3

 

 

 

2,526.2

 

 

 

2,082.0

 

Freight

 

 

110.8

 

 

 

76.8

 

 

 

187.6

 

 

 

131.6

 

Total Building Materials business

 

 

1,560.0

 

 

 

1,302.1

 

 

 

2,713.8

 

 

 

2,213.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

74.6

 

 

 

70.0

 

 

 

145.4

 

 

 

135.2

 

Freight

 

 

7.1

 

 

 

5.8

 

 

 

13.3

 

 

 

11.5

 

Total Magnesia Specialties

 

 

81.7

 

 

 

75.8

 

 

 

158.7

 

 

 

146.7

 

Total

 

$

1,641.7

 

 

$

1,377.9

 

 

$

2,872.5

 

 

$

2,360.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

309.0

 

 

$

273.0

 

 

$

410.9

 

 

$

394.7

 

Cement

 

 

51.1

 

 

 

36.1

 

 

 

78.5

 

 

 

51.4

 

Ready mixed concrete

 

 

14.3

 

 

 

19.1

 

 

 

35.4

 

 

 

38.6

 

Asphalt and paving services

 

 

26.4

 

 

 

28.7

 

 

 

13.1

 

 

 

20.4

 

Products and services

 

 

400.8

 

 

 

356.9

 

 

 

537.9

 

 

 

505.1

 

Freight

 

 

(1.7

)

 

 

0.7

 

 

 

(0.4

)

 

 

0.5

 

Total Building Materials business

 

 

399.1

 

 

 

357.6

 

 

 

537.5

 

 

 

505.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

25.8

 

 

 

27.9

 

 

 

52.6

 

 

 

56.3

 

Freight

 

 

(1.3

)

 

 

(0.9

)

 

 

(2.4

)

 

 

(1.9

)

Total Magnesia Specialties

 

 

24.5

 

 

 

27.0

 

 

 

50.2

 

 

 

54.4

 

Corporate

 

 

1.6

 

 

 

0.5

 

 

 

(6.4

)

 

 

(0.2

)

Total

 

$

425.2

 

 

$

385.1

 

 

$

581.3

 

 

$

559.8