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Consolidated Statements of Earnings and Comprehensive Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total Revenues $ 1,279,468 $ 1,202,403 $ 2,218,423 $ 2,004,407
Total Cost of Revenues 922,601 886,486 1,718,649 1,578,098
Gross Profit 356,867 315,917 499,774 426,309
Selling, general & administrative expenses 72,382 71,070 150,674 141,191
Acquisition-related expenses, net 47 12,126 191 12,836
Other operating income, net (1,444) (31,232) (6,194) (30,752)
Earnings from Operations 285,882 263,953 355,103 303,034
Interest expense 33,297 32,971 66,245 68,059
Other nonoperating expense and (income), net 13,226 (7,122) 11,663 (15,626)
Earnings before income tax expense 239,359 238,104 277,195 250,601
Income tax expense 49,890 52,601 44,899 55,058
Consolidated net earnings 189,469 185,503 232,296 195,543
Less: Net (loss) earnings attributable to noncontrolling interests (6) 126 (32) 143
Net Earnings Attributable to Martin Marietta Materials, Inc. 189,475 185,377 232,328 195,400
Consolidated Comprehensive Earnings:        
Earnings attributable to Martin Marietta Materials, Inc. 192,465 186,979 238,573 198,621
(Loss) Earnings attributable to noncontrolling interests (5) 126 (32) 144
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 192,460 $ 187,105 $ 238,541 $ 198,765
Net Earnings Attributable to Martin Marietta Materials, Inc. Per Common Share:        
Basic attributable to common shareholders $ 3.02 $ 2.94 $ 3.71 $ 3.10
Diluted attributable to common shareholders $ 3.01 $ 2.92 $ 3.69 $ 3.08
Weighted-Average Common Shares Outstanding:        
Basic 62,563 63,021 62,574 62,989
Diluted 62,720 63,285 62,749 63,253
Products and Services        
Total Revenues $ 1,196,135 $ 1,128,777 $ 2,074,440 $ 1,882,082
Total Cost of Revenues 838,322 812,430 1,572,490 1,454,049
Freight        
Total Revenues 83,333 73,626 143,983 122,325
Total Cost of Revenues $ 84,279 $ 74,056 $ 146,159 $ 124,049