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Revenues and Gross Profit
9 Months Ended
Sep. 30, 2021
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

12.

Revenues and Gross Profit

The Building Materials business includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines. Cement and ready mixed concrete product lines and paving services reside only in the West Group. The following table, which is reconciled to consolidated amounts, provides total revenues and gross profit by product line.  

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

857.1

 

 

$

766.9

 

 

$

2,231.5

 

 

$

2,092.1

 

Cement

 

 

132.3

 

 

 

115.6

 

 

 

358.4

 

 

 

331.7

 

Ready mixed concrete

 

 

320.8

 

 

 

254.6

 

 

 

824.5

 

 

 

689.4

 

Asphalt and paving services

 

 

195.9

 

 

 

129.8

 

 

 

343.5

 

 

 

254.9

 

Less: interproduct revenues

 

 

(115.3

)

 

 

(81.4

)

 

 

(285.1

)

 

 

(210.9

)

Products and services

 

 

1,390.8

 

 

 

1,185.5

 

 

 

3,472.8

 

 

 

3,157.2

 

Freight

 

 

88.1

 

 

 

75.0

 

 

 

219.8

 

 

 

212.9

 

Total Building Materials business

 

 

1,478.9

 

 

 

1,260.5

 

 

 

3,692.6

 

 

 

3,370.1

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

71.9

 

 

 

55.2

 

 

 

207.1

 

 

 

164.0

 

Freight

 

 

6.5

 

 

 

5.7

 

 

 

17.9

 

 

 

16.2

 

Total Magnesia Specialties

 

 

78.4

 

 

 

60.9

 

 

 

225.0

 

 

 

180.2

 

Total

 

$

1,557.3

 

 

$

1,321.4

 

 

$

3,917.6

 

 

$

3,550.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

292.9

 

 

$

279.1

 

 

$

687.7

 

 

$

640.4

 

Cement

 

 

49.9

 

 

 

46.5

 

 

 

101.3

 

 

 

117.2

 

Ready mixed concrete

 

 

31.4

 

 

 

24.7

 

 

 

69.9

 

 

 

56.7

 

Asphalt and paving services

 

 

38.9

 

 

 

32.6

 

 

 

59.4

 

 

 

46.4

 

Products and services

 

 

413.1

 

 

 

382.9

 

 

 

918.3

 

 

 

860.7

 

Freight

 

 

1.3

 

 

 

0.9

 

 

 

1.7

 

 

 

0.3

 

Total Building Materials business

 

 

414.4

 

 

 

383.8

 

 

 

920.0

 

 

 

861.0

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

28.1

 

 

 

21.0

 

 

 

84.4

 

 

 

65.3

 

Freight

 

 

(1.1

)

 

 

(1.0

)

 

 

(3.0

)

 

 

(3.2

)

Total Magnesia Specialties

 

 

27.0

 

 

 

20.0

 

 

 

81.4

 

 

 

62.1

 

Corporate

 

 

0.5

 

 

 

0.7

 

 

 

0.3

 

 

 

4.3

 

Total

 

$

441.9

 

 

$

404.5

 

 

$

1,001.7

 

 

$

927.4