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SEGMENT INFORMATION

3 Months Ended

Mar. 28, 2020

Segment Reporting Information [Line Items]

The Company has three operating segments: West, East and Cement, which are its reporting 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, our Company’s Chief Operating Decision Maker (“CODM”). The CODM primarily evaluates the performance of the Company’s segments and allocates resources to them based on a segment profit metric that we call Adjusted EBITDA, which is computed as earnings from operations before interest, taxes, depreciation, depletion, amortization, accretion, share-based compensation, and transaction costs, as well as various other non-recurring, non-cash amounts.

The West and East segments have several acquired subsidiaries that are engaged in various activities including quarry mining, aggregate production and contracting. The Cement segment is engaged in the production of Portland cement. Assets employed by each 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 March 28, 2020 and December 28, 2019 and for the three months ended March 28, 2020 and March 30, 2019:



	Three months ended
	March 28, 2020		March 30, 2019
Revenue*:
West	$	196,225	$	181,945
East	133,040		113,388
Cement	37,925		37,306
Total revenue	$	367,190	$	332,639

*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.



	Three months ended
	March 28, 2020			March 30, 2019
Loss from operations before taxes	$	(69,627	)	$	(99,538	)
Interest expense	27,818			30,105
Depreciation, depletion and amortization	51,201			54,807
Accretion	577			581
Loss on debt financings	—			14,565
Transaction costs	753			308
Non-cash compensation	4,905			5,906
Other	787			(146		)
Total Adjusted EBITDA	$	16,414		$	6,588

Total Adjusted EBITDA by Segment:
West	$	22,468		$	14,298
East	9,573			3,242
Cement	(7,561		)	(2,587		)
Corporate and other	(8,066		)	(8,365		)
Total Adjusted EBITDA	$	16,414		$	6,588



	Three months ended
	March 28, 2020		March 30, 2019
Purchases of property, plant and equipment
West	$	18,896	$	30,375
East	37,081		24,428
Cement	5,399		6,893
Total reportable segments	61,376		61,696
Corporate and other	453		492
Total purchases of property, plant and equipment	$	61,829	$	62,188



	Three months ended
	March 28, 2020		March 30, 2019
Depreciation, depletion, amortization and accretion:
West	$	21,800	$	23,925
East	21,096		20,211
Cement	7,893		10,300
Total reportable segments	50,789		54,436
Corporate and other	989		952
Total depreciation, depletion, amortization and accretion	$	51,778	$	55,388



	March 28, 2020		December 28, 2019
Total assets:
West	$	1,368,542	$	1,379,684
East	1,307,709		1,288,835
Cement	869,026		868,528
Total reportable segments	3,545,277		3,537,047
Corporate and other	446,991		530,509
Total	$	3,992,268	$	4,067,556

Summit Materials, LLC

Segment Reporting Information [Line Items]

SEGMENT INFORMATION

The Company has three operating segments: West, East, and Cement, which are its reporting segments. These segments are consistent with the Company’s management reporting structure.



	Three months ended
	March 28,		March 30,
	2020		2019
Revenue*:
West	$	196,225	$	181,945
East	133,040		113,388
Cement	37,925		37,306
Total revenue	$	367,190	$	332,639

*Intercompany sales are immaterial and the presentation above only reflects sales to external customers.



	Three months ended
	March 28,			March 30,
	2020			2019
Loss from operations before taxes	$	(69,509	)	$	(99,370	)
Interest expense	27,700			29,937
Depreciation, depletion and amortization	51,201			54,807
Accretion	577			581
Loss on debt financings	—			14,565
Transaction costs	753			308
Non-cash compensation	4,905			5,906
Other	787			(146		)
Total Adjusted EBITDA	$	16,414		$	6,588

Total Adjusted EBITDA by Segment:
West	$	22,468		$	14,298
East	9,573			3,242
Cement	(7,561		)	(2,587		)
Corporate and other	(8,066		)	(8,365		)
Total Adjusted EBITDA	$	16,414		$	6,588



	Three months ended
	March 28, 2020		March 30, 2019
Purchases of property, plant and equipment
West	$	18,896	$	30,375
East	37,081		24,428
Cement	5,399		6,893
Total reportable segments	61,376		61,696
Corporate and other	453		492
Total purchases of property, plant and equipment	$	61,829	$	62,188



	Three months ended
	March 28,		March 30,
	2020		2019
Depreciation, depletion, amortization and accretion:
West	$	21,800	$	23,925
East	21,096		20,211
Cement	7,893		10,300
Total reportable segments	50,789		54,436
Corporate and other	989		952
Total depreciation, depletion, amortization and accretion	$	51,778	$	55,388



	March 28, 2020		December 28, 2019
Total assets:
West	$	1,368,542	$	1,379,684
East	1,307,709		1,288,835
Cement	869,026		868,528
Total reportable segments	3,545,277		3,537,047
Corporate and other	210,069		319,176
Total	$	3,755,346	$	3,856,223