XML 80 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Schedule Of Inventories

Inventories consist of the following:

 

 

 

March 31,

 

 

 

2015

 

 

2014

 

 

 

(dollars in thousands)

 

Raw Materials and Materials-in-Progress

 

$

115,345

 

 

$

82,319

 

Finished Cement

 

 

20,508

 

 

 

19,173

 

Gypsum Wallboard

 

 

7,741

 

 

 

7,144

 

Paperboard

 

 

8,493

 

 

 

4,102

 

Frac Sand

 

 

4,928

 

 

 

275

 

Aggregates

 

 

11,131

 

 

 

11,815

 

Repair Parts and Supplies

 

 

62,121

 

 

 

56,119

 

Fuel and Coal

 

 

5,197

 

 

 

6,149

 

 

 

$

235,464

 

 

$

187,096

 

 

Schedule of Property, Plant and Equipment Estimated Lives

The estimated lives of the related assets are as follows:

 

Plants

 

 

20 to 30 years

 

Buildings

 

 

20 to 40 years

 

Machinery and Equipment

 

 

3 to 25 years

 

 

Schedule of Goodwill and Intangible Assets

Intangible assets at March 31, 2015 and 2014 consist of the following:

 

 

 

March 31, 2015

 

 

 

Amortization

Period

 

 

Cost

 

 

Accumulated

Amortization

 

 

Net

 

 

 

(dollars in thousands)

 

Intangible Assets and Goodwill:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer contracts and relationships

 

 

5-15 years

 

 

$

62,060

 

 

$

(5,994

)

 

$

56,066

 

Sales contracts

 

 

4 years

 

 

 

2,500

 

 

 

(1,458

)

 

 

1,042

 

Permits

 

 

40 years

 

 

 

27,440

 

 

 

(5,896

)

 

 

21,544

 

Goodwill

 

 

 

 

 

 

132,515

 

 

 

 

 

 

132,515

 

Total intangible assets and goodwill

 

 

 

 

 

$

224,515

 

 

$

(13,348

)

 

$

211,167

 

 

 

 

 

 

 

March 31, 2014

 

 

 

Amortization

Period

 

 

Cost

 

 

Accumulated

Amortization

 

 

Net

 

 

 

(dollars in thousands)

 

Intangible Assets and Goodwill:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer contracts and relationships

 

 

15 years

 

 

$

6,060

 

 

$

(1,580

)

 

$

4,480

 

Sales contracts

 

 

4 years

 

 

 

2,500

 

 

 

(833

)

 

 

1,667

 

Permits

 

 

40 years

 

 

 

27,240

 

 

 

(5,212

)

 

 

22,028

 

Goodwill

 

 

 

 

 

 

132,515

 

 

 

 

 

 

132,515

 

Total intangible assets and goodwill

 

 

 

 

 

$

168,315

 

 

$

(7,625

)

 

$

160,690

 

 

Schedule of Total Selling, General and Administrative Expenses

Total selling, general and administrative expenses for each of the periods are summarized as follows:

 

 

 

For the Years Ended March 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(dollars in thousands)

 

Operating Units Selling, G&A

 

$

49,326

 

 

$

50,175

 

 

$

39,133

 

Corporate G&A

 

 

30,751

 

 

 

24,552

 

 

 

23,918

 

 

 

$

80,077

 

 

$

74,727

 

 

$

63,051

 

 

Schedule Of Earnings Per Share

 

 

 

For the Years Ended March 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Weighted-Average Shares of Common Stock Outstanding

 

 

 

49,604,249

 

 

 

49,090,750

 

 

 

46,622,646

 

Effect of Dilutive Shares:

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

1,350,556

 

 

 

1,574,491

 

 

 

1,984,563

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(868,636

)

 

 

(1,032,359

)

 

 

(1,568,604

)

Restricted Stock Units

 

 

286,074

 

 

 

306,283

 

 

 

301,845

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

50,372,243

 

 

 

49,939,165

 

 

 

47,340,450