SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Certain Financial Information Relating to Continuing Operations by Reportable Segment

The following tables set forth certain financial information relating to our operations by reportable segment ($ in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Revenue by Segment:
Ready-mixed concrete
Sales to external customers	$	274.3	$	272.4	$	515.8	$	564.6
Aggregate products
Sales to external customers	25.2		26.1		47.8		47.2
Freight revenue on sales to external customers	11.2		12.1		20.6		22.1
Intersegment sales	16.8		16.3		29.3		28.8
Total aggregate products	53.2		54.5		97.7		98.1
Total reportable segment revenue	327.5		326.9		613.5		662.7
Other products and eliminations	(0.1)		(4.2)		(0.4)		(5.6)
Total revenue	$	327.4	$	322.7	$	613.1	$	657.1
Reportable Segment Adjusted EBITDA:
Ready-mixed concrete	$	30.9	$	38.1	$	55.8	$	69.8
Aggregate products	20.1		21.6		32.6		32.9
Total reportable segment Adjusted EBITDA	$	51.0	$	59.7	$	88.4	$	102.7
Reconciliation of Total Reportable Segment Adjusted EBITDA  to Net Income (Loss):
Total reportable segment Adjusted EBITDA	$	51.0	$	59.7	$	88.4	$	102.7
Other products and eliminations from operations	0.7		0.3		0.4		0.4
Corporate overhead	(32.6)		(16.3)		(46.3)		(31.9)
Depreciation, depletion and amortization for reportable segments	(24.2)		(23.7)		(47.1)		(45.5)
Interest expense, net	(10.3)		(11.4)		(20.7)		(22.8)
Loss on extinguishment of debt	(5.5)		—		(5.5)		—
Gain on sale of business	—		—		0.7		—
Realignment initiative costs	—		(0.8)		(0.4)		(0.8)
Change in value of contingent consideration for reportable segments	—		5.8		0.1		5.5
Purchase accounting adjustments for inventory	(0.5)		(2.6)		(0.6)		(4.2)
Corporate, other products and eliminations other income (loss), net	0.2		(0.2)		0.3		(0.3)
Income (loss) before income taxes	(21.2)		10.8		(30.7)		3.1
Income tax benefit (expense)	0.7		(4.3)		5.4		0.6
Net income (loss)	$	(20.5)	$	6.5	$	(25.3)	$	3.7

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Capital Expenditures:
Ready-mixed concrete(1)	$	10.4	$	4.3	$	11.5	$	8.7
Aggregate products(2)	2.9		2.5		34.0		5.3
Other products and corporate	0.3		0.1		0.5		0.2
Total capital expenditures	$	13.6	$	6.9	$	46.0	$	14.2

 (1)    Includes $8.2 million for the acquisition of the rail terminal and bulk storage facility for cementitious materials in Stockton, California for the three and six months ended June 30, 2021.

 (2)    Includes $28.7 million for the acquisition of the property and the underlying royalty agreement associated with the Orca Quarry on Vancouver Island, British Columbia, Canada for the six months ended June 30, 2021.

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Revenue by Product:
Ready-mixed concrete	$	274.3	$	272.4	$	515.8	$	564.6
Aggregate products	36.4		38.2		68.4		69.3
Other(1)	16.7		12.1		28.9		23.2
Total revenue	$	327.4	$	322.7	$	613.1	$	657.1

 (1) Includes building materials, aggregates distribution, hauling and other.

	June 30, 2021		December 31, 2020
Identifiable Property, Plant and Equipment Assets:
Ready-mixed concrete	$	289.5	$	286.9
Aggregate products	495.6		478.1
Other products and corporate	21.7		23.2
Total identifiable assets	$	806.8	$	788.2