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Revenues and Gross Profit
9 Months Ended
Sep. 30, 2020
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

11.

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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

766.9

 

 

$

818.7

 

 

$

2,092.1

 

 

$

2,121.4

 

Cement

 

 

115.6

 

 

 

119.6

 

 

 

331.7

 

 

 

331.0

 

Ready mixed concrete

 

 

254.6

 

 

 

271.8

 

 

 

689.4

 

 

 

724.2

 

Asphalt and paving services

 

 

129.8

 

 

 

131.1

 

 

 

254.9

 

 

 

225.7

 

Less: interproduct revenues

 

 

(81.4

)

 

 

(77.3

)

 

 

(210.9

)

 

 

(203.6

)

Products and services

 

 

1,185.5

 

 

 

1,263.9

 

 

 

3,157.2

 

 

 

3,198.7

 

Freight

 

 

75.0

 

 

 

91.5

 

 

 

212.9

 

 

 

224.8

 

Total Building Materials Business

 

 

1,260.5

 

 

 

1,355.4

 

 

 

3,370.1

 

 

 

3,423.5

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

55.2

 

 

 

59.3

 

 

 

164.0

 

 

 

198.9

 

Freight

 

 

5.7

 

 

 

5.5

 

 

 

16.2

 

 

 

16.3

 

Total Magnesia Specialties

 

 

60.9

 

 

 

64.8

 

 

 

180.2

 

 

 

215.2

 

Total

 

$

1,321.4

 

 

$

1,420.2

 

 

$

3,550.3

 

 

$

3,638.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

279.1

 

 

$

287.1

 

 

$

640.4

 

 

$

636.5

 

Cement

 

 

46.5

 

 

 

48.5

 

 

 

117.2

 

 

 

104.5

 

Ready mixed concrete

 

 

24.7

 

 

 

29.0

 

 

 

56.7

 

 

 

62.5

 

Asphalt and paving services

 

 

32.6

 

 

 

31.1

 

 

 

46.4

 

 

 

38.5

 

Products and services

 

 

382.9

 

 

 

395.7

 

 

 

860.7

 

 

 

842.0

 

Freight

 

 

0.9

 

 

 

0.2

 

 

 

0.3

 

 

 

0.4

 

Total Building Materials Business

 

 

383.8

 

 

 

395.9

 

 

 

861.0

 

 

 

842.4

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

21.0

 

 

 

24.0

 

 

 

65.3

 

 

 

79.8

 

Freight

 

 

(1.0

)

 

 

(1.0

)

 

 

(3.2

)

 

 

(3.2

)

Total Magnesia Specialties

 

 

20.0

 

 

 

23.0

 

 

 

62.1

 

 

 

76.6

 

Corporate

 

 

0.7

 

 

 

1.7

 

 

 

4.3

 

 

 

1.4

 

Total

 

$

404.5

 

 

$

420.6

 

 

$

927.4

 

 

$

920.4