Operations by Industry Segment and Geographic Area

12 Months Ended

Dec. 31, 2015

Operations by Industry Segment and Geographic Area [Abstract]

Operations by Industry Segment and Geographic Area

17. Operations by Industry Segment and Geographic Area

The Company has three reportable segments, each of which is comprised of multiple business units that offer similar products and services and meet the requirements for aggregation. A brief description of each segment is as follows:

Infrastructure Group - This segment consists of five business units, three of which design, engineer, manufacture and market a complete line of portable, stationary and relocatable hot-mix asphalt plants, wood pellet plants, asphalt pavers, material transfer vehicles, stabilizers, milling machines, paver screeds and related ancillary equipment. The other two business units in this segment primarily operate as Company-owned dealers in the foreign countries in which they are domiciled.  These two business units sell, service and install products produced by the manufacturing subsidiaries of the Company, and a majority of their sales are to customers in the infrastructure industry.  The principal purchasers of the products produced by this group are asphalt producers, highway and heavy equipment contractors, wood pellet processors and foreign and domestic governmental agencies.

Aggregate and Mining Group - This segment consists of eight business units that design, engineer, manufacture and market a complete line of jaw crushers, cone crushers, horizontal shaft impactors, vertical shaft impactors, material handling, roll rock crushers and stationary rockbreaker systems, vibrating feeders and high frequency vibrating screens, conveyors, inclined, vertical and horizontal screens and sand classifying and washing equipment. The principal purchasers of products produced by this group are distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors and foreign and domestic governmental agencies. This group includes the operations of Telestack Limited, which was acquired in April 2014.

Energy Group - This segment consists of four business units that design, engineer, manufacture and market a complete line of drilling rigs for the oil and gas, geothermal and water well industries, high pressure diesel pump trailers for fracking and cleaning oil and gas wells, a variety of industrial heaters to fit a broad range of applications including heating equipment for refineries, roofing material plants, chemical processing, rubber plants, oil sands and energy related processing, heat transfer processing equipment, thermal fluid storage tanks, waste heat recovery equipment, whole-tree pulpwood and biomass chippers and horizontal grinders. The principal purchasers of products produced by this group are oil, gas and water well drilling industry contractors, processors of oil, gas and biomass for energy production and contractors in the construction and demolition recycling markets.

Corporate - This category consists of business units that do not meet the requirements for separate disclosure as an operating segment or inclusion in one of the other reporting segments and includes the Company's parent company, Astec Industries, Inc., and Astec Insurance. The Company evaluates performance and allocates resources to its operating segments based on profit or loss from operations before U.S. federal income taxes and corporate overhead and thus these costs are included in the Corporate category.

The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Intersegment sales and transfers are valued at prices comparable to those for unrelated parties.

Segment information for 2015

	Infrastructure Group		Aggregate and Mining Group		Energy Group			Corporate			Total
Revenues from  external customers	$	428,737	$	370,813	$	183,607		$	--		$	983,157
Intersegment revenues		22,947		28,701		16,010			--			67,658
Interest expense		258		1,005		10			338			1,611
Depreciation and amortization		6,907		10,719		5,553			899			24,078
Income taxes		1,224		764		(129	)		18,148			20,007
Profit (loss)		33,890		30,690		3,609			(36,623	)		31,566
Assets		567,936		496,089		256,978			306,511			1,627,514
Capital expenditures		8,043		8,807		4,049			389			21,288

Segment information for 2014

	Infrastructure Group		Aggregate and Mining Group		Energy Group		Corporate			Total
Revenues from  external customers	$	386,356	$	384,883	$	204,356	$	--		$	975,595
Intersegment revenues		26,661		33,009		17,548		--			77,218
Interest expense		31		463		11		215			720
Depreciation and amortization		7,045		10,120		6,358		853			24,376
Income taxes		1,365		1,235		348		16,452			19,400
Profit (loss)		29,477		32,900		10,316		(35,270	)		37,423
Assets		539,794		494,428		244,003		302,082			1,580,307
Capital expenditures		5,375		16,169		2,875		413			24,832

Segment information for 2013

	Infrastructure Group		Aggregate and Mining Group		Energy Group		Corporate			Total
Revenues from external customers	$	398,399	$	350,514	$	184,085	$	--		$	932,998
Intersegment revenues		21,682		45,435		12,857		--			79,974
Interest expense		13		12		4		394			423
Depreciation and amortization		7,417		7,906		6,114		828			22,265
Income taxes		1,567		2,642		46		14,773			19,028
Profit (loss)		32,814		33,031		4,005		(30,367	)		39,483
Assets		502,831		427,565		223,389		315,560			1,469,345
Capital expenditures		6,214		15,649		5,510		300			27,673

The totals of segment information for all reportable segments reconciles to consolidated totals as follows:

	2015			2014			2013
Net income attributable to controlling interest
Total profit for reportable segments	$	68,189		$	72,693		$	69,850
Corporate expenses, net		(36,623	)		(35,270	)		(30,367	)
Net (income) loss attributable to non-controlling interest		831			252			(172	)
Recapture (elimination) of intersegment profit		400			(3,217	)		(269	)
Total consolidated net income attributable to controlling interest	$	32,797		$	34,458		$	39,042
Assets
Total assets for reportable segments	$	1,321,003		$	1,278,225		$	1,153,785
Corporate assets		306,511			302,082			315,560
Elimination of intercompany profit in inventory		(7,496	)		(7,896	)		(4,679	)
Elimination of intercompany receivables		(583,834	)		(515,625	)		(482,768	)
Elimination of investment in subsidiaries		(223,500	)		(227,051	)		(195,199	)
Other eliminations		(35,331	)		(27,470	)		(37,408	)
Total consolidated assets	$	777,353		$	802,265		$	749,291

Sales into major geographic regions were as follows:

	Year Ended December 31
	2015		2014		2013
United States	$	722,287	$	654,230	$	599,054
Canada		54,321		61,898		70,991
Africa		45,671		47,940		62,911
South America (excluding Brazil)		32,454		49,797		33,526
Australia and Oceania		29,995		34,772		47,505
Other European Countries		23,867		12,365		15,428
Middle East		18,995		13,327		6,699
Other Asian Countries		9,513		17,018		5,836
Russia		8,466		25,589		17,440
Brazil		8,376		12,869		11,620
Post-Soviet States (excluding Russia)		8,345		8,245		25,849
Mexico		6,990		9,993		15,917
Central America (excluding Mexico)		4,404		9,275		5,620
Japan and Korea		3,574		4,377		1,749
India		2,706		1,743		3,672
West Indies		1,532		4,478		5,294
China		1,330		7,451		3,857
Other		331		228		30
Total foreign		260,870		321,365		333,944
Total consolidated sales	$	983,157	$	975,595	$	932,998

Long-lived assets by major geographic region are as follows:

	December 31
	2015		2014
United States	$	141,727	$	150,425
Brazil		9,780		14,798
South Africa		5,116		7,295
Australia		4,351		5,111
Northern Ireland		5,116		5,065
Canada		2,987		3,592
Germany		1,129		1,324
Total foreign		28,479		37,185
Total	$	170,206	$	187,610