BUSINESS SEGMENTS

3 Months Ended

Mar. 29, 2014

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, wind energy, offshore oil and gas, 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 29, 2014			March 30, 2013
SALES:
Engineered Infrastructure Products segment:
Lighting, Traffic, and Roadway Products	$	138,977		$	147,170
Communication Products		29,886			28,622
Offshore Structures		17,304			—
Access Systems		42,295			47,878
Engineered Infrastructure Products segment		228,462			223,670
Utility Support Structures segment:
Steel		191,437			211,011
Concrete		23,290			28,627
Utility Support Structures segment		214,727			239,638
Coatings segment		82,171			89,245
Irrigation segment		212,733			244,707
Other		58,602			77,869
Total		796,695			875,129
INTERSEGMENT SALES:
Engineered Infrastructure Products segment		19,565			29,452
Utility Support Structures segment		495			411
Coatings segment		14,953			14,330
Irrigation segment		9			—
Other		9,933			11,306
Total		44,955			55,499
NET SALES:
Engineered Infrastructure Products segment		208,897			194,218
Utility Support Structures segment		214,232			239,227
Coatings segment		67,218			74,915
Irrigation segment		212,724			244,707
Other		48,669			66,563
Total	$	751,740		$	819,630
OPERATING INCOME:
Engineered Infrastructure Products segment	$	13,709		$	12,734
Utility Support Structures segment		32,757			46,155
Coatings segment		13,886			13,420
Irrigation segment		43,146			54,559
Other		8,550			10,787
Corporate		(13,200	)		(19,465	)
Total	$	98,848		$	118,190