Business Segments (Tables)

9 Months Ended

Feb. 28, 2013

Summary of Operating Results and Certain Other Financial Data for Business Segments

The following is a summary of operating results and certain other financial data for our business segments.

	Three months ended						Nine months ended
	February 28,			February 29,			February 28,			February 29,
In thousands	2013			2012			2013			2012
Net sales
Cement
Sales to external customers	$	71,288		$	55,020		$	239,406		$	192,717
Intersegment sales	9,277			10,451			29,807			35,625
Aggregates
Sales to external customers	25,439			17,663			94,738			66,168
Intersegment sales	5,378			4,952			17,272			15,613
Consumer products
Sales to external customers	44,632			49,211			149,431			176,811
Intersegment sales	8			668			119			2,213
Eliminations	(14,663		)	(16,071		)	(47,198		)	(53,451		)
Total net sales	$	141,359		$	121,894		$	483,575		$	435,696
Segment operating profit (loss)
Cement	$	9,849		$	(2,384	)	$	24,328		$	(1,222	)
Aggregates	2,111			(1,291		)	9,629			2,494
Consumer products	(4,262		)	(4,258		)	(8,777		)	(10,204		)
Total segment operating profit	7,698			$	(7,933	)	25,180			(8,932		)
Corporate	(10,339		)	(9,880		)	(30,967		)	(22,038		)
Interest	(7,227		)	(8,512		)	(22,462		)	(26,810		)
Loss before income taxes	$	(9,868	)	$	(26,325	)	$	(28,249	)	$	(57,780	)
Depreciation, depletion and amortization
Cement	$	8,395		$	8,723		$	25,288		$	26,547
Aggregates	3,166			3,506			9,840			10,796
Consumer products	2,281			2,194			6,128			7,084
Corporate	254			295			700			903
Total depreciation, depletion and amortization	$	14,096		$	14,718		$	41,956		$	45,330
Capital expenditures
Cement	$	13,803		$	29,911		$	54,588		$	69,800
Aggregates	927			1,352			3,528			20,715
Consumer products	7,290			2,113			9,536			4,155
Corporate	201			573			1,220			1,366
Total capital expenditures	$	22,221		$	33,949		$	68,872		$	96,036
Net sales by product
Cement	$	63,811		$	47,379		$	213,215		$	167,178
Stone, sand and gravel	16,641			11,878			60,638			44,410
Ready-mix concrete	44,821			37,464			149,403			138,265
Other products	2,025			12,080			7,540			40,778
Delivery fees	14,061			13,093			52,779			45,065
Total net sales	$	141,359		$	121,894		$	483,575		$	435,696

Summary of Asset Used in Each of Business Segments

The following is a summary of assets used in each of our business segments.

In thousands	February 28, 2013		May 31, 2012
Identifiable assets
Cement	$	1,166,156	$	1,135,336
Aggregates	168,696		178,730
Consumer products	98,125		90,717
Corporate	76,725		131,801
Total assets	$	1,509,702	$	1,536,584