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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Acquisition and divestiture activity
The Company's acquisition and divestiture activities are summarized below:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
 
(in millions)
Acquisitions:
 
 
 
 
 
 
 
Purchase price
$
7.7

 
$
29.6

 
$
125.3

 
$
83.4

Net cash paid
$
6.2

 
$
28.1

 
$
118.8

 
$
37.2

Goodwill recorded
$
5.1

 
$
7.0

 
$
87.2

 
$
9.5

 
 
 
 
 
 
 
 
Divestitures:
 
 
 
 
 
 
 
Proceeds
$

 
$

 
$

 
$
35.6

Gain recognized
$

 
$
0.1

 
$

 
$
12.5

Goodwill charged off
$

 
$

 
$

 
$
4.8

Condensed results of operations for the ready-mix concrete operations
Condensed results of operations for the ready-mix concrete operations for the three and six months ended June 30, 2014 and 2013 are as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
 
(in millions)
Revenues
$

 
$

 
$

 
$
31.6

 
 
 
 
 
 
 
 
Loss from discontinued operations before income taxes
$
(0.2
)
 
$
(1.6
)
 
$
(0.7
)
 
$
(2.3
)
Income tax benefit

 
(0.5
)
 
(0.2
)
 
(0.8
)
Net loss from discontinued operations
$
(0.2
)
 
$
(1.1
)
 
$
(0.5
)
 
$
(1.5
)