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Revenues and Gross Profit
6 Months Ended
Jun. 30, 2021
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

12.

Revenues and Gross Profit

The Building Materials business includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines. Cement and ready mixed concrete product lines and paving services reside only 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,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

801.8

 

 

$

754.9

 

 

$

1,374.4

 

 

$

1,325.2

 

Cement

 

 

116.5

 

 

 

109.5

 

 

 

226.1

 

 

 

216.1

 

Ready mixed concrete

 

 

268.4

 

 

 

245.1

 

 

 

503.7

 

 

 

434.8

 

Asphalt and paving services

 

 

135.3

 

 

 

107.0

 

 

 

147.6

 

 

 

125.1

 

Less: interproduct revenues

 

 

(96.7

)

 

 

(75.9

)

 

 

(169.8

)

 

 

(129.5

)

Products and services

 

 

1,225.3

 

 

 

1,140.6

 

 

 

2,082.0

 

 

 

1,971.7

 

Freight

 

 

76.8

 

 

 

76.4

 

 

 

131.6

 

 

 

137.9

 

Total Building Materials business

 

 

1,302.1

 

 

 

1,217.0

 

 

 

2,213.6

 

 

 

2,109.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

70.0

 

 

 

48.9

 

 

 

135.2

 

 

 

108.8

 

Freight

 

 

5.8

 

 

 

4.7

 

 

 

11.5

 

 

 

10.5

 

Total Magnesia Specialties

 

 

75.8

 

 

 

53.6

 

 

 

146.7

 

 

 

119.3

 

Total

 

$

1,377.9

 

 

$

1,270.6

 

 

$

2,360.3

 

 

$

2,228.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

273.0

 

 

$

268.0

 

 

$

394.7

 

 

$

361.3

 

Cement

 

 

36.1

 

 

 

43.4

 

 

 

51.4

 

 

 

70.7

 

Ready mixed concrete

 

 

19.1

 

 

 

26.1

 

 

 

38.6

 

 

 

32.0

 

Asphalt and paving services

 

 

28.7

 

 

 

21.9

 

 

 

20.4

 

 

 

13.8

 

Products and services

 

 

356.9

 

 

 

359.4

 

 

 

505.1

 

 

 

477.8

 

Freight

 

 

0.7

 

 

 

(0.3

)

 

 

0.5

 

 

 

(0.6

)

Total Building Materials business

 

 

357.6

 

 

 

359.1

 

 

 

505.6

 

 

 

477.2

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

27.9

 

 

 

18.2

 

 

 

56.3

 

 

 

44.3

 

Freight

 

 

(0.9

)

 

 

(1.3

)

 

 

(1.9

)

 

 

(2.2

)

Total Magnesia Specialties

 

 

27.0

 

 

 

16.9

 

 

 

54.4

 

 

 

42.1

 

Corporate

 

 

0.5

 

 

 

4.5

 

 

 

(0.2

)

 

 

3.6

 

Total

 

$

385.1

 

 

$

380.5

 

 

$

559.8

 

 

$

522.9