Reportable Segment

3 Months Ended

Mar. 31, 2022

Reportable Segment

Reportable Segment

4. Reportable Segment

The Company has identified one reportable segment based on the distinctness of the Company’s activities and products: lime and limestone operations. All operations are within a single region in the United States. In evaluating the operating results of the Company, management primarily reviews revenues, gross profit and operating profit from the lime and limestone operations. Operating profit from the Company’s lime and limestone operations includes all of its selling, general and administrative costs. The Company does not allocate interest expense and interest and other income (expense), net to its lime and limestone operations. Other revenues, gross profit and operating profit in the Company’s segment disclosures include the Company’s natural gas interests. Other identifiable assets include assets related to the Company’s natural gas interests, unallocated corporate assets and cash items.

	Three Months Ended March 31,
Revenues	2022		2021
Lime and limestone operations	$	50,296	$	41,356
Other		613		318
Total revenues	$	50,909	$	41,674
Depreciation, depletion and amortization
Lime and limestone operations	$	5,039	$	5,137
Other		144		139
Total depreciation, depletion and amortization	$	5,183	$	5,276
Gross profit
Lime and limestone operations	$	14,197	$	11,804
Other		270		1
Total gross profit	$	14,467	$	11,805
Operating profit
Lime and limestone operations	$	10,562	$	8,737
Other		270		1
Total operating profit	$	10,832	$	8,738
Identifiable assets, at period end
Lime and limestone operations	$	218,522	$	191,419
Other		106,225		93,991
Total identifiable assets	$	324,747	$	285,410
Capital expenditures
Lime and limestone operations	$	5,517	$	4,543
Other		—		—
Total capital expenditures	$	5,517	$	4,543