BUSINESS SEGMENTS

3 Months Ended

Mar. 28, 2015

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, 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 28, 2015			March 29, 2014
SALES:
Engineered Infrastructure Products segment:
Lighting, Traffic, and Roadway Products	$	145,267		$	138,977
Communication Products		32,556			29,886
Offshore Structures		24,848			17,304
Access Systems		35,722			42,295
Engineered Infrastructure Products segment		238,393			228,462
Utility Support Structures segment:
Steel		158,273			191,437
Concrete		18,068			23,290
Utility Support Structures segment		176,341			214,727
Coatings segment		74,360			82,171
Irrigation segment		154,476			212,733
Other		53,858			58,602
Total		697,428			796,695
INTERSEGMENT SALES:
Engineered Infrastructure Products segment		7,074			19,565
Utility Support Structures segment		289			495
Coatings segment		12,547			14,953
Irrigation segment		9			9
Other		7,111			9,933
Total		27,030			44,955
NET SALES:
Engineered Infrastructure Products segment		231,319			208,897
Utility Support Structures segment		176,052			214,232
Coatings segment		61,813			67,218
Irrigation segment		154,467			212,724
Other		46,747			48,669
Total	$	670,398		$	751,740
OPERATING INCOME:
Engineered Infrastructure Products segment	$	11,982		$	13,709
Utility Support Structures segment		15,357			32,757
Coatings segment		10,999			13,886
Irrigation segment		24,302			43,146
Other		6,598			8,550
Corporate		(11,555	)		(13,200	)
Total	$	57,683		$	98,848