Segment Information

12 Months Ended

Dec. 27, 2014

Segment Reporting [Abstract]

Segment Information

(21) Segment Information

The Company has three operating segments: the Central; West; and East regions, which are its reportable segments. These segments are consistent with the Company’s management reporting structure. The operating results of each segment are regularly reviewed and evaluated by the Chief Executive Officer, the Company’s Chief Operating Decision Maker (“CODM”). The CODM primarily evaluates the performance of its segments and allocates resources to them based on a segment profit metric that we call Adjusted EBITDA, which is computed as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, accretion and goodwill impairment. In addition, certain items such as management fees are excluded from the calculation of segment profit.

Each region has several acquired subsidiaries that are engaged in various activities including quarry mining, aggregate production and contracting. Assets employed by segment include assets directly identified with those operations. Corporate assets consist primarily of cash, property, plant and equipment for corporate operations and other assets not directly identifiable with a reportable business segment. The accounting policies applicable to each segment are consistent with those used in the consolidated financial statements.

The following tables display selected financial data for the Company’s reportable business segments as of and for the years ended December 27, 2013, December 28, 2013 and December 29, 2012:

	2014		2013		2012
Revenue:
West region	$	665,716	$	426,195	$	484,922
Central region		391,553		329,621		302,113
East region		146,962		160,385		139,219
Total revenue	$	1,204,231	$	916,201	$	926,254

	2014			2013			2012
Adjusted EBITDA
West region	$	96,133		$	28,607		$	14,429
Central region		83,912			72,918			65,767
East region		17,955			15,134			10,782
Corporate and other		(36,768	)		(24,878	)		(15,560	)
Total reportable segments and corporate		161,232			91,781			75,418
Interest expense		86,742			56,443			58,079
Depreciation, depletion, amortization and accretion		87,826			72,934			68,290
Goodwill impairment		—			68,202			—
Loss from continuing operations before taxes	$	(13,336	)	$	(105,798	)	$	(50,951	)

	2014		2013		2012
Cash paid for capital expenditures:
West region	$	31,968	$	21,856	$	14,993
Central region		32,114		33,030		20,996
East region		7,547		7,753		8,736
Total reportable segments		71,629		62,639		44,725
Corporate and other		4,533		3,360		763
Total capital expenditures	$	76,162	$	65,999	$	45,488

	2014		2013		2012
Depreciation, depletion, amortization and accretion:
West region	$	33,271	$	24,167	$	23,771
Central region		38,793		33,808		30,215
East region		14,294		14,493		14,223
Total reportable segments		86,358		72,468		68,209
Corporate and other		1,468		466		81
Total depreciation, depletion, amortization and accretion	$	87,826	$	72,934	$	68,290

	2014		2013		2012
Total assets:
West region	$	777,981	$	383,544	$	428,115
Central region		704,134		657,421		610,003
East region		221,598		192,486		224,603
Total reportable segments		1,703,713		1,233,451		1,262,721
Corporate and other		26,064		14,343		21,758
Total	$	1,729,777	$	1,247,794	$	1,284,479

	2014			2013			2012
Revenue by product:*
Aggregates	$	229,047		$	159,019		$	146,991
Cement		89,911			76,211			77,676
Ready-mixed concrete		274,970			112,878			100,941
Asphalt		278,867			219,811			242,458
Paving and related services		528,817			478,280			505,189
Other		(197,381	)		(129,998	)		(147,001	)
Total revenue	$	1,204,231		$	916,201		$	926,254

* Revenue by product includes intracompany sales transferred at market value. The elimination of intracompany transactions is included in Other.