Business Segments

6 Months Ended

Jun. 30, 2011

Business Segments

Business Segments

10. Business Segments

The Corporation conducts its aggregates operations through three reportable business segments: Mideast Group, Southeast Group and West Group. The Corporation also has a Specialty Products segment that includes magnesia-based chemicals products and dolomitic lime. These segments are consistent with the Corporation's current management reporting structure.

The following tables display selected financial data for continuing operations for the Corporation's reportable business segments. Corporate loss from operations primarily includes depreciation on capitalized interest, expenses for corporate administrative functions, unallocated corporate expenses and other nonrecurring and/or non-operational adjustments.

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
	(Dollars in Thousands)
Total revenues:
Mideast Group	$	134,485		$	141,696		$	225,808		$	231,038
Southeast Group		100,748			113,571			183,509			197,538
West Group		203,530			196,628			332,359			318,436
Total Aggregates Business		438,763			451,895			741,676			747,012
Specialty Products		54,189			52,735			107,788			98,562
Total	$	492,952		$	504,630		$	849,464		$	845,574
Net sales:
Mideast Group	$	124,279		$	131,573		$	209,734		$	214,918
Southeast Group		82,036			92,104			147,995			160,224
West Group		170,792			171,218			276,481			273,588
Total Aggregates Business		377,107			394,895			634,210			648,730
Specialty Products		49,600			47,889			98,741			89,615
Total	$	426,707		$	442,784		$	732,951		$	738,345
Earnings (Loss) from operations:
Mideast Group	$	27,858		$	39,463		$	33,561		$	41,560
Southeast Group		(7,303	)		7,541			(17,060	)		(1,558	)
West Group		26,559			32,974			14,101			20,713
Total Aggregates Business		47,114			79,978			30,602			60,715
Specialty Products		19,281			16,812			34,410			28,024
Corporate		(3,400	)		(6,140	)		(8,159	)		(10,951	)
Total	$	62,995		$	90,650		$	56,853		$	77,788

The asphalt, ready mixed concrete, road paving and other product lines are considered internal customers of the core aggregates business. Product lines for the Specialty Products segment consist of magnesia-based chemicals, dolomitic lime and other. Net sales by product line are as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2011		2010		2011		2010
	(Dollars in Thousands)
Aggregates	$	343,002	$	368,646	$	579,227	$	605,604
Asphalt		18,015		13,731		30,412		23,061
Ready Mixed Concrete		7,627		6,877		12,941		12,502
Road Paving		7,186		4,368		9,408		6,026
Other		1,277		1,273		2,222		1,537
Total Aggregates Business		377,107		394,895		634,210		648,730
Magnesia-Based Chemicals		34,145		33,221		69,305		59,997
Dolomitic Lime		15,103		14,230		28,882		28,928
Other		352		438		554		690
Total Specialty Products		49,600		47,889		98,741		89,615
Total	$	426,707	$	442,784	$	732,951	$	738,345