Business Segments (Tables)

9 Months Ended

Sep. 30, 2013

Financial Data for Continuing Operations for the Corporation's Reportable Business Segments

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. Prior-year segment information has been reclassified to conform to the presentation of the Corporation’s current reportable segments.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
		(Dollars in Thousands)
Total revenues:
Mid-America Group	$	237,696	$	212,164	$	555,823	$	538,881
Southeast Group		69,491		61,369		185,676		184,448
West Group		297,517		264,662		686,867		640,689
Total Aggregates Business		604,704		538,195		1,428,366		1,364,018
Specialty Products		60,616		54,073		182,189		165,625
Total	$	665,320	$	592,268	$	1,610,555	$	1,529,643
Net sales:
Mid-America Group	$	216,361	$	194,128	$	508,999	$	493,453
Southeast Group		64,871		57,021		171,456		171,027
West Group		263,431		236,911		603,798		560,838
Total Aggregates Business		544,663		488,060		1,284,253		1,225,318
Specialty Products		55,794		49,447		167,595		151,626
Total	$	600,457	$	537,507	$	1,451,848	$	1,376,944
Earnings (Loss) from operations:
Mid-America Group	$	66,419	$	56,357	$	102,342	$	94,959
Southeast Group		(1,386)		(3,452)		(14,949)		(14,980)
West Group		32,302		23,666		38,402		29,183
Total Aggregates Business		97,335		76,571		125,795		109,162
Specialty Products		17,267		17,034		53,071		52,706
Corporate		(5,759)		(2,072)		(23,709)		(45,924)
Total	$	108,843	$	91,533	$	155,157	$	115,944

Asset Employed for Continuing Operations for Corporations Reportable Business Segments

Assets employed for the Mid-America and West Groups have been recast since prior year as a result of the Corporation’s reorganization of the operations of its Aggregates business (see Note 1).

	September 30, 2013		December 31, 2012		September 30, 2012
		(Dollars in Thousands)
Assets employed:
Mid-America Group	$	1,161,756	$	1,036,155	$	1,074,451
Southeast Group		628,673		607,705		614,214
West Group		1,172,289		1,147,879		1,188,373
Total Aggregates Business		2,962,718		2,791,739		2,877,038
Specialty Products		153,334		157,673		154,155
Corporate		221,053		211,514		212,011
Total	$	3,337,105	$	3,160,926	$	3,243,204

Net Sales By Product Line

The following tables provide net sales and gross profit by product line for the Aggregates business and are reconciled to consolidated net sales and gross profit.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
		(Dollars in Thousands)
Net sales:
Aggregates	$	411,206	$	371,398	$	1,016,238	$	985,563
Asphalt		23,787		28,881		52,231		61,655
Ready Mixed Concrete		41,765		31,531		103,347		78,746
Road Paving		67,905		56,250		112,437		99,354
Total Aggregates Business		544,663		488,060		1,284,253		1,225,318
Specialty Products		55,794		49,447		167,595		151,626
Total	$	600,457	$	537,507	$	1,451,848	$	1,376,944
Gross profit (loss):
Aggregates	$	108,166	$	94,541	$	189,171	$	182,883
Asphalt		7,322		6,359		9,770		9,065
Ready Mixed Concrete		3,124		472		4,911		421
Road Paving		4,286		2,276		(285)		208
Total Aggregates Business		122,898		103,648		203,567		192,577
Specialty Products		19,919		19,744		60,784		59,057
Corporate		291		630		(1,426)		(1,222)
Total	$	143,108	$	124,022	$	262,925	$	250,412