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Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Segment Reporting Information, by Segment

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:


	Three Months Ended June 30, 2020
(in thousands)	Infrastructure Solutions			Materials Solutions			Corporate			Total
Net sales to external customers	$	181,851		$	83,448		$	—		$	265,299
Intersegment sales	12,340			6,822			—			19,162
Gross profit	38,290			21,214			111			59,615
Gross profit percent	21.1		%	25.4		%	—		%	22.5		%
Segment profit (loss)	$	14,215		$	8,469		$	(13,605)		$	9,079


	Six Months Ended June 30, 2020
(in thousands)	Infrastructure Solutions			Materials Solutions			Corporate			Total
Net sales to external customers	$	384,469		$	169,678		$	—		$	554,147
Intersegment sales	18,281			15,096			—			33,377
Gross profit	91,213			42,219			204			133,636
Gross profit percent	23.7		%	24.9		%	—		%	24.1		%
Segment profit (loss)	$	31,435		$	14,504		$	(16,528)		$	29,411


	Three Months Ended June 30, 2019
(in thousands)	Infrastructure Solutions			Materials Solutions			Corporate			Total
Net sales to external customers	$	197,965		$	106,837		$	—		$	304,802
Intersegment sales	6,944			5,782			—			12,726
Gross profit	57,743			25,493			81			83,317
Gross profit percent	29.2		%	23.9		%	—		%	27.3		%
Segment profit (loss)	$	26,926		$	8,489		$	(12,563)		$	22,852

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of total segment profit to the Company’s consolidated totals is as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2020		2019		2020		2019
Total profit shown above	$	9,079	$	22,852	$	29,411	$	36,691
Recapture of intersegment profit	226		509		377		888
Net income	9,305		23,361		29,788		37,579
Net (income) loss attributable to non-controlling interest in subsidiaries	(47)		16		114		72
Net income attributable to controlling interest	$	9,258	$	23,377	$	29,902	$	37,651