BUSINESS SEGMENTS

3 Months Ended

Mar. 30, 2013

BUSINESS SEGMENTS

BUSINESS SEGMENTS

(6) BUSINESS SEGMENTS

        The Company has four reportable segments based on its management structure. Each segment is global in nature with a manager responsible for segment operational performance and the allocation of capital within the segment. 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, 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

	Thirteen Weeks Ended
	March 30, 2013			March 31, 2012
SALES:
Engineered Infrastructure Products segment:
Lighting, Traffic, and Roadway Products	$	147,170		$	139,325
Communication Products		28,622			26,695
Access Systems		47,878			37,907
Engineered Infrastructure Products segment		223,670			203,927
Utility Support Structures segment:
Steel		210,497			166,964
Concrete		29,141			24,268
Utility Support Structures segment		239,638			191,232
Coatings segment		89,245			82,847
Irrigation segment		244,707			196,266
Other		77,869			86,063
Total		875,129			760,335
INTERSEGMENT SALES:
Engineered Infrastructure Products		29,452			18,420
Utility Support Structures		411			1,980
Coatings		14,330			12,697
Irrigation		—			425
Other		11,306			9,463
Total		55,499			42,985
NET SALES:
Engineered Infrastructure Products segment		194,218			185,507
Utility Support Structures segment		239,227			189,252
Coatings segment		74,915			70,150
Irrigation segment		244,707			195,841
Other		66,563			76,600
Total	$	819,630		$	717,350
OPERATING INCOME:
Engineered Infrastructure Products	$	12,734		$	8,024
Utility Support Structures		46,155			25,104
Coatings		13,420			16,512
Irrigation		54,559			38,408
Other		10,787			11,411
Corporate		(19,465	)		(16,641	)
Total	$	118,190		$	82,818