BUSINESS SEGMENTS

3 Months Ended

Mar. 31, 2012

BUSINESS SEGMENTS

BUSINESS SEGMENTS

5. Business Segments

        The Company aggregates its operating segments into four reportable segments. Aggregation is based on similarity of operating segments as to economic characteristics, products, production processes, types or classes of customer and the methods of distribution. Net corporate expense is net of certain service-related expenses that are allocated to business units generally on the basis of employee headcounts and sales dollars.

        Reportable segments are as follows:

        ENGINEERED INFRASTRUCTURE PRODUCTS:    This segment consists of the manufacture of engineered metal structures and components for the global lighting and traffic, wireless communication, roadway safety and access systems applications;

        UTILITY SUPPORT STRUCTURES:    This segment consists of the manufacture of engineered steel and concrete structures for the global utility industry;

        COATINGS:    This segment consists of galvanizing, anodizing and powder coating services on a global basis; and

        IRRIGATION:    This segment consists of the manufacture of agricultural irrigation equipment and related parts and services for the global agricultural industry.

        In addition to these four reportable segments, the Company has other businesses and activities that individually are not more than 10% of consolidated sales. These include the manufacture of forged steel grinding media for the mining industry, tubular products for industrial customers, the electrolytic manganese dioxide for disposable batteries and the distribution of industrial fasteners and are reported in the "Other" category.

        The accounting policies of the reportable segments are the same as those described in Note 1. The Company evaluates the performance of its business segments based upon operating income and invested capital. The Company does not allocate interest expense, non-operating income and deductions, or income taxes to its business segments.

Summary by Business Segment

	Thirteen Weeks Ended
	March 31, 2012			March 26, 2011
Sales:
Engineered Infrastructure Products segment:
Lighting, Traffic, and Roadway Products	$	133,297		$	117,311
Communication Products		26,695			20,423
Access Systems		37,907			31,196
Engineered Infrastructure Products segment		197,899			168,930
Utility Support Structures segment:
Steel		166,964			109,898
Concrete		24,268			15,749
Utility Support Structures segment		191,232			125,647
Coatings segment		82,847			73,450
Irrigation segment		196,266			151,048
Other		86,063			73,986
Total		754,307			593,061
Intersegment Sales:
Engineered Infrastructure Products		12,392			5,944
Utility Support Structures		1,980			308
Coatings		12,697			11,505
Irrigation		425			3
Other		9,463			7,352
Total		36,957			25,112
Net Sales:
Engineered Infrastructure Products segment		185,507			162,986
Utility Support Structures segment		189,252			125,339
Coatings segment		70,150			61,945
Irrigation segment		195,841			151,045
Other		76,600			66,634
Total	$	717,350		$	567,949
Operating Income:
Engineered Infrastructure Products	$	8,024		$	2,203
Utility Support Structures		25,104			13,499
Coatings		16,512			10,292
Irrigation		38,408			23,894
Other		11,411			8,914
Corporate		(16,641	)		(13,501	)
Total	$	82,818		$	45,301