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Revenues and Gross Profit
3 Months Ended
Mar. 31, 2020
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

10.

Revenues and Gross Profit

The Building Materials business includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines. All cement, ready mixed concrete and asphalt and paving product lines reside in the West Group. The following table, which is reconciled to consolidated amounts, provides total revenues and gross profit by product line.  The Company’s two cold mix asphalt plants have been reclassified from the asphalt and paving product line to the aggregates product line. These operations did not represent a material amount of product revenues and gross profit. Prior-year information has been reclassified to conform to the presentation of the Company’s current reportable product lines.

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

Aggregates

 

$

570.3

 

 

$

544.9

 

Cement

 

 

106.6

 

 

 

99.0

 

Ready mixed concrete

 

 

189.7

 

 

 

211.2

 

Asphalt and paving services

 

 

18.1

 

 

 

12.4

 

Less: interproduct revenues

 

 

(53.6

)

 

 

(58.4

)

Products and services

 

 

831.1

 

 

 

809.1

 

Freight

 

 

61.4

 

 

 

55.8

 

Total Building Materials Business

 

 

892.5

 

 

 

864.9

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

Products and services

 

 

59.9

 

 

 

69.2

 

Freight

 

 

5.8

 

 

 

4.9

 

Total Magnesia Specialties

 

 

65.7

 

 

 

74.1

 

Total

 

$

958.2

 

 

$

939.0

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

Aggregates

 

$

93.4

 

 

$

98.0

 

Cement

 

 

27.3

 

 

 

13.8

 

Ready mixed concrete

 

 

5.9

 

 

 

14.5

 

Asphalt and paving services

 

 

(8.1

)

 

 

(8.3

)

Products and services

 

 

118.5

 

 

 

118.0

 

Freight

 

 

(0.3

)

 

 

(0.2

)

Total Building Materials Business

 

 

118.2

 

 

 

117.8

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

Products and services

 

 

26.1

 

 

 

26.5

 

Freight

 

 

(0.9

)

 

 

(1.0

)

Total Magnesia Specialties

 

 

25.2

 

 

 

25.5

 

Corporate

 

 

(1.0

)

 

 

(0.4

)

Total

 

$

142.4

 

 

$

142.9