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Revenues and Gross Profit
6 Months Ended
Jun. 30, 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.  

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

754.9

 

 

$

757.8

 

 

$

1,325.2

 

 

$

1,302.7

 

Cement

 

 

109.5

 

 

 

112.3

 

 

 

216.1

 

 

 

211.4

 

Ready mixed concrete

 

 

245.1

 

 

 

241.2

 

 

 

434.8

 

 

 

452.3

 

Asphalt and paving services

 

 

107.0

 

 

 

82.2

 

 

 

125.1

 

 

 

94.6

 

Less: interproduct revenues

 

 

(75.9

)

 

 

(67.8

)

 

 

(129.5

)

 

 

(126.1

)

Products and services

 

 

1,140.6

 

 

 

1,125.7

 

 

 

1,971.7

 

 

 

1,934.9

 

Freight

 

 

76.4

 

 

 

77.5

 

 

 

137.9

 

 

 

133.2

 

Total Building Materials Business

 

 

1,217.0

 

 

 

1,203.2

 

 

 

2,109.6

 

 

 

2,068.1

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

48.9

 

 

 

70.4

 

 

 

108.8

 

 

 

139.5

 

Freight

 

 

4.7

 

 

 

5.9

 

 

 

10.5

 

 

 

10.8

 

Total Magnesia Specialties

 

 

53.6

 

 

 

76.3

 

 

 

119.3

 

 

 

150.3

 

Total

 

$

1,270.6

 

 

$

1,279.5

 

 

$

2,228.9

 

 

$

2,218.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

268.0

 

 

$

251.5

 

 

$

361.3

 

 

$

349.5

 

Cement

 

 

43.4

 

 

 

42.2

 

 

 

70.7

 

 

 

56.0

 

Ready mixed concrete

 

 

26.1

 

 

 

19.0

 

 

 

32.0

 

 

 

33.5

 

Asphalt and paving services

 

 

21.9

 

 

 

15.7

 

 

 

13.8

 

 

 

7.4

 

Products and services

 

 

359.4

 

 

 

328.4

 

 

 

477.8

 

 

 

446.4

 

Freight

 

 

(0.3

)

 

 

0.2

 

 

 

(0.6

)

 

 

0.1

 

Total Building Materials Business

 

 

359.1

 

 

 

328.6

 

 

 

477.2

 

 

 

446.5

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

18.2

 

 

 

29.2

 

 

 

44.3

 

 

 

55.8

 

Freight

 

 

(1.3

)

 

 

(1.1

)

 

 

(2.2

)

 

 

(2.2

)

Total Magnesia Specialties

 

 

16.9

 

 

 

28.1

 

 

 

42.1

 

 

 

53.6

 

Corporate

 

 

4.5

 

 

 

0.2

 

 

 

3.6

 

 

 

(0.3

)

Total

 

$

380.5

 

 

$

356.9

 

 

$

522.9

 

 

$

499.8