Discontinued Operations

3 Months Ended

Mar. 31, 2013

Discontinued Operations

2. Discontinued Operations

Divestitures and Permanent Closures

Operations that are disposed of or permanently shut down represent discontinued operations, and, therefore, the results of their operations through the dates of disposal and any gain or loss on disposals are included in discontinued operations in the consolidated statements of earnings and comprehensive earnings. The results of operations for divestitures do not include Corporate overhead that was allocated during the periods the Corporation owned these operations.

All discontinued operations relate to the Aggregates business. Discontinued operations consist of the following:

	Three Months Ended March  31,
	2013		2012
		(Dollars in Thousands)
Net sales	$	--	$	--
Pretax loss on operations	$	(127)	$	(336)
Pretax loss on disposals		--		(354)
Pretax loss		(127)		(690)
Income tax benefit		(27)		(101)
Net loss	$	(100)	$	(589)