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Business Segments (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial Data for Continuing Operation for Company's Reportable Business Segments The following table displays selected financial data for the Company’s reportable business segments. The Bluegrass Materials Company (Bluegrass) operations, acquired in April 2018, are located in the Mid-America Group and Southeast Group. Total revenues, as well as the consolidated statements of earnings and comprehensive earnings, exclude intersegment revenues which represent sales from one segment to another segment, which are eliminated.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Dollars in Thousands)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

415,327

 

 

$

350,592

 

 

$

664,140

 

 

$

529,373

 

Southeast Group

 

 

137,024

 

 

 

112,963

 

 

 

256,262

 

 

 

193,202

 

West Group

 

 

650,878

 

 

 

665,886

 

 

 

1,147,708

 

 

 

1,139,608

 

Total Building Materials Business

 

 

1,203,229

 

 

 

1,129,441

 

 

 

2,068,110

 

 

 

1,862,183

 

Magnesia Specialties

 

 

76,239

 

 

 

72,962

 

 

 

150,313

 

 

 

142,224

 

Total

 

$

1,279,468

 

 

$

1,202,403

 

 

$

2,218,423

 

 

$

2,004,407

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

382,717

 

 

$

325,578

 

 

$

613,025

 

 

$

493,468

 

Southeast Group

 

 

132,036

 

 

 

109,082

 

 

 

247,348

 

 

 

186,646

 

West Group

 

 

611,003

 

 

 

625,960

 

 

 

1,074,514

 

 

 

1,068,943

 

Total Building Materials Business

 

 

1,125,756

 

 

 

1,060,620

 

 

 

1,934,887

 

 

 

1,749,057

 

Magnesia Specialties

 

 

70,379

 

 

 

68,157

 

 

 

139,553

 

 

 

133,025

 

Total

 

$

1,196,135

 

 

$

1,128,777

 

 

$

2,074,440

 

 

$

1,882,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

141,678

 

 

$

108,709

 

 

$

172,633

 

 

$

114,876

 

Southeast Group

 

 

32,688

 

 

 

32,052

 

 

 

53,822

 

 

 

34,093

 

West Group

 

 

110,223

 

 

 

122,844

 

 

 

130,158

 

 

 

157,796

 

Total Building Materials Business

 

 

284,589

 

 

 

263,605

 

 

 

356,613

 

 

 

306,765

 

Magnesia Specialties

 

 

25,219

 

 

 

21,329

 

 

 

47,862

 

 

 

42,565

 

Corporate

 

 

(23,926

)

 

 

(20,981

)

 

 

(49,372

)

 

 

(46,296

)

Total

 

$

285,882

 

 

$

263,953

 

 

$

355,103

 

 

$

303,034

 

 

 

 

June 30, 2019

 

 

December 31, 2018

 

Assets employed:

 

(Dollars in thousands)

 

Mid-America Group

 

$

2,906,227

 

 

$

2,788,454

 

Southeast Group

 

 

1,443,402

 

 

 

1,299,469

 

West Group

 

 

5,355,685

 

 

 

4,989,639

 

Total Building Materials Business

 

 

9,705,314

 

 

 

9,077,562

 

Magnesia Specialties

 

 

176,484

 

 

 

156,106

 

Corporate

 

 

281,859

 

 

 

317,751

 

Total

 

$

10,163,657

 

 

$

9,551,419