XML 95 R110.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Condensed Consolidating Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Income Statements, Captions [Line Items]                      
Revenue                 $ 1,478.7 $ 1,506.4 $ 1,336.0
Cost of goods sold before depreciation, depletion and amortization                 1,187.6 1,212.2 1,056.6
Selling, general and administrative expenses                 130.0 126.5 119.2
Depreciation, depletion and amortization                 93.2 91.8 67.8
Change in value of contingent consideration                 2.8 0.0 7.9
Impairment of goodwill and other assets                 0.0 1.3 6.2
Gain on sale/disposal of assets and business, net                 (0.1) (15.3) (0.7)
Operating income $ 18.0 $ 33.3 $ 6.0 $ 7.9 $ 16.7 $ 35.0 $ 30.6 $ 7.6 65.2 89.9 79.0
Interest expense, net                 46.1 46.4 42.1
Derivative loss                 0.0 0.0 0.8
Other income, net                 (9.5) (4.6) (2.5)
Income from continuing operations before income taxes                 28.6 48.1 38.6
Income tax expense                 12.3 16.8 12.4
Income from continuing operations                 16.3 31.3 26.2
Loss from discontinued operations, net of taxes                 0.0 0.0 (0.6)
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 16.3 31.3 25.6
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 0.0 0.0 0.0
Net income 4.4 13.6 0.9 (2.6) 3.1 15.8 16.3 (3.9) 16.3 31.3 25.6
Less: Net income attributable to non-controlling interest                 (1.4) (1.3) (0.1)
Net income attributable to U.S. Concrete $ 3.9 $ 13.0 $ 0.7 $ (2.7) $ 2.0 $ 15.6 $ 16.3 $ (3.9) 14.9 30.0 25.5
Eliminations and Reclassifications                      
Condensed Income Statements, Captions [Line Items]                      
Revenue                 0.0 0.0 0.0
Cost of goods sold before depreciation, depletion and amortization                 0.0 0.0 0.0
Selling, general and administrative expenses                 0.0 0.0 0.0
Depreciation, depletion and amortization                 0.0 0.0 0.0
Change in value of contingent consideration                 0.0 0.0 0.0
Impairment of goodwill and other assets                   0.0 0.0
Gain on sale/disposal of assets and business, net                 0.0 0.0 0.0
Operating income                 0.0 0.0 0.0
Interest expense, net                 0.0 0.0 0.0
Derivative loss                     0.0
Other income, net                 0.0 0.0 0.0
Income from continuing operations before income taxes                 0.0 0.0 0.0
Income tax expense                 0.0 0.0 0.0
Income from continuing operations                     0.0
Loss from discontinued operations, net of taxes                     0.0
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 0.0 0.0 0.0
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 (39.5) (66.3) (50.8)
Net income                 (39.5) (66.3) (50.8)
Less: Net income attributable to non-controlling interest                 0.0 0.0 0.0
Net income attributable to U.S. Concrete                 (39.5) (66.3) (50.8)
Parent | Reportable Legal Entities                      
Condensed Income Statements, Captions [Line Items]                      
Revenue                 0.0 0.0 0.0
Cost of goods sold before depreciation, depletion and amortization                 0.0 0.0 0.0
Selling, general and administrative expenses                 0.0 0.0 0.0
Depreciation, depletion and amortization                 0.0 0.0 0.0
Change in value of contingent consideration                 0.0 0.1 0.9
Impairment of goodwill and other assets                   0.0 0.0
Gain on sale/disposal of assets and business, net                 0.0 0.0 0.0
Operating income                 0.0 (0.1) (0.9)
Interest expense, net                 39.7 39.5 39.9
Derivative loss                     0.8
Other income, net                 0.0 1.2 0.0
Income from continuing operations before income taxes                 (39.7) (40.8) (41.6)
Income tax expense                 (15.1) (4.5) (16.3)
Income from continuing operations                     (25.3)
Loss from discontinued operations, net of taxes                     0.0
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 (24.6) (36.3) (25.3)
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 39.5 66.3 50.8
Net income                 14.9 30.0 25.5
Less: Net income attributable to non-controlling interest                 0.0 0.0 0.0
Net income attributable to U.S. Concrete                 14.9 30.0 25.5
Guarantor Subsidiaries | Reportable Legal Entities                      
Condensed Income Statements, Captions [Line Items]                      
Revenue                 1,361.2 1,394.4 1,311.6
Cost of goods sold before depreciation, depletion and amortization                 1,107.6 1,130.8 1,034.3
Selling, general and administrative expenses                 122.6 118.5 115.4
Depreciation, depletion and amortization                 78.2 76.2 64.1
Change in value of contingent consideration                 2.8 (0.1) 7.0
Impairment of goodwill and other assets                   1.3 0.0
Gain on sale/disposal of assets and business, net                 (0.1) (15.5) (0.7)
Operating income                 50.1 83.2 91.5
Interest expense, net                 3.6 3.7 1.6
Derivative loss                     0.0
Other income, net                 (7.9) (3.7) (2.5)
Income from continuing operations before income taxes                 54.4 83.2 92.4
Income tax expense                 24.3 18.4 29.0
Income from continuing operations                     63.4
Loss from discontinued operations, net of taxes                     (0.6)
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 30.1 64.8 62.8
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 0.0 0.0 0.0
Net income                 30.1 64.8 62.8
Less: Net income attributable to non-controlling interest                 0.0 0.0 0.0
Net income attributable to U.S. Concrete                 30.1 64.8 62.8
Non-Guarantor Subsidiaries | Reportable Legal Entities                      
Condensed Income Statements, Captions [Line Items]                      
Revenue                 117.5 112.0 24.4
Cost of goods sold before depreciation, depletion and amortization                 80.0 81.4 22.3
Selling, general and administrative expenses                 7.4 8.0 3.8
Depreciation, depletion and amortization                 15.0 15.6 3.7
Change in value of contingent consideration                 0.0 0.0 0.0
Impairment of goodwill and other assets                   0.0 6.2
Gain on sale/disposal of assets and business, net                 0.0 0.2 0.0
Operating income                 15.1 6.8 (11.6)
Interest expense, net                 2.8 3.2 0.6
Derivative loss                     0.0
Other income, net                 (1.6) (2.1) 0.0
Income from continuing operations before income taxes                 13.9 5.7 (12.2)
Income tax expense                 3.1 2.9 (0.3)
Income from continuing operations                     (11.9)
Loss from discontinued operations, net of taxes                     0.0
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 10.8 2.8 (11.9)
Net income (loss) before equity in earnings of subsidiaries and non-controlling interest                 0.0 0.0 0.0
Net income                 10.8 2.8 (11.9)
Less: Net income attributable to non-controlling interest                 (1.4) (1.3) (0.1)
Net income attributable to U.S. Concrete                 $ 9.4 $ 1.5 $ (12.0)