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Business Segments (Tables)
9 Months Ended
Sep. 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 presented on 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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Dollars in Thousands)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

448,758

 

 

$

377,005

 

 

$

1,112,897

 

 

$

906,377

 

Southeast Group

 

 

134,138

 

 

 

125,547

 

 

 

390,399

 

 

 

318,749

 

West Group

 

 

772,473

 

 

 

643,565

 

 

 

1,920,182

 

 

 

1,783,174

 

Total Building Materials Business

 

 

1,355,369

 

 

 

1,146,117

 

 

 

3,423,478

 

 

 

3,008,300

 

Magnesia Specialties

 

 

64,877

 

 

 

73,523

 

 

 

215,190

 

 

 

215,747

 

Total

 

$

1,420,246

 

 

$

1,219,640

 

 

$

3,638,668

 

 

$

3,224,047

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

411,045

 

 

$

348,429

 

 

$

1,024,069

 

 

$

841,897

 

Southeast Group

 

 

129,619

 

 

 

121,661

 

 

 

376,967

 

 

 

308,306

 

West Group

 

 

723,162

 

 

 

603,763

 

 

 

1,797,677

 

 

 

1,672,707

 

Total Building Materials Business

 

 

1,263,826

 

 

 

1,073,853

 

 

 

3,198,713

 

 

 

2,822,910

 

Magnesia Specialties

 

 

59,334

 

 

 

68,365

 

 

 

198,886

 

 

 

201,390

 

Total

 

$

1,323,160

 

 

$

1,142,218

 

 

$

3,397,599

 

 

$

3,024,300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-America Group

 

$

159,711

 

 

$

120,344

 

 

$

332,344

 

 

$

235,221

 

Southeast Group

 

 

31,463

 

 

 

26,372

 

 

 

85,285

 

 

 

60,464

 

West Group

 

 

156,382

 

 

 

92,090

 

 

 

286,540

 

 

 

249,885

 

Total Building Materials Business

 

 

347,556

 

 

 

238,806

 

 

 

704,169

 

 

 

545,570

 

Magnesia Specialties

 

 

20,097

 

 

 

23,301

 

 

 

67,959

 

 

 

65,867

 

Corporate

 

 

(22,390

)

 

 

(21,445

)

 

 

(71,763

)

 

 

(67,741

)

Total

 

$

345,263

 

 

$

240,662

 

 

$

700,365

 

 

$

543,696

 

 

 

 

September 30, 2019

 

 

December 31, 2018

 

Assets employed:

 

(Dollars in Thousands)

 

Mid-America Group

 

$

2,904,439

 

 

$

2,788,454

 

Southeast Group

 

 

1,447,293

 

 

 

1,299,469

 

West Group

 

 

5,392,587

 

 

 

4,989,639

 

Total Building Materials Business

 

 

9,744,319

 

 

 

9,077,562

 

Magnesia Specialties

 

 

163,095

 

 

 

156,106

 

Corporate

 

 

316,071

 

 

 

317,751

 

Total

 

$

10,223,485

 

 

$

9,551,419