Business Segments

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(Dollars in Thousands)
Total revenues:
Mideast Group	$	144,990	$	144,691	$	370,793	$	375,729
Southeast Group		103,832		115,713		287,340		313,251
West Group		230,733		202,895		563,092		521,330
Total Aggregates Business		479,555		463,299		1,221,225		1,210,310
Specialty Products		55,201		46,102		162,990		144,664
Total	$	534,756	$	509,401	$	1,384,215	$	1,354,974
Net sales:
Mideast Group	$	131,579	$	133,607	$	341,308	$	348,524
Southeast Group		84,475		91,216		232,469		251,440
West Group		197,589		176,623		474,070		450,212
Total Aggregates Business		413,643		401,446		1,047,847		1,050,176
Specialty Products		50,342		42,263		149,084		131,878
Total	$	463,985	$	443,709	$	1,196,931	$	1,182,054
Earnings (Loss) from operations:
Mideast Group	$	32,740	$	38,755	$	66,332	$	80,338
Southeast Group		(3,061)		1,414		(20,121)		(144)
West Group		39,659		33,942		53,759		54,654
Total Aggregates Business		69,338		74,111		99,970		134,848
Specialty Products		15,573		12,043		49,984		40,067
Corporate		(5,912)		(2,300)		(14,071)		(13,251)
Total	$	78,999	$	83,854	$	135,883	$	161,664

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 September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(Dollars in Thousands)
Aggregates	$	379,325	$	376,554	$	963,991	$	986,038
Asphalt		13,095		9,833		38,062		29,014
Ready Mixed Concrete		9,750		7,056		22,691		19,558
Road Paving		10,017		6,575		19,425		12,602
Other		1,456		1,428		3,678		2,964
Total Aggregates Business		413,643		401,446		1,047,847		1,050,176
Magnesia-Based Chemicals		36,064		29,290		105,369		89,287
Dolomitic Lime		13,861		12,457		42,743		41,386
Other		417		516		972		1,205
Total Specialty Products		50,342		42,263		149,084		131,878
Total	$	463,985	$	443,709	$	1,196,931	$	1,182,054