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SEASONALITY AND CURRENT ECONOMIC CONDITIONS
6 Months Ended
Jun. 29, 2013
SEASONALITY AND CURRENT ECONOMIC CONDITIONS  
SEASONALITY AND CURRENT ECONOMIC CONDITIONS

5.             Operating results for the first six months of 2013 are not necessarily indicative of performance for the entire year due to the seasonality of most of our products. Historically, sales of the Evaporative Cooling segment are higher in the first and second quarters, sales of the Concrete, Aggregates and Construction Supplies (CACS) segment are higher in the second and third quarters and sales of the Heating and Cooling segment are higher in the third and fourth quarters. Sales of furnaces during January and February of 2013 were above historical levels as a result of the late arrival of colder weather in the geographical areas served. The sales of the Door segment are more evenly spread throughout the year. The economic recession and financial market turmoil that began in the latter part of 2008 has had a significant detrimental effect on the construction industry in general and on the Company’s construction related businesses in particular. Although sales volumes have improved during 2013, construction activity in the Company’s area of service remains well below the level achieved as recently as 2007. Pricing in the CACS segment has also improved but is expected to remain sharply competitive. The reopening of the Pikeview Quarry late in the second quarter of 2013 is expected to have a beneficial effect on aggregates costs going forward, primarily due to reduced transportation costs. For these reasons, the business conditions for the CACS segment are expected to improve over the final six months of 2013 although it remains difficult to predict the timing and magnitude of any further recovery of the construction markets along the Southern Front Range of Colorado.