Attached files
| file | filename |
|---|---|
| 8-K - SEGMENT REVISIONS - ASTEC INDUSTRIES INC | f8k-051914.htm |
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Exhibit 99.1
Astec Industries, Inc.
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Segment Information-Annual
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(in thousands)
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(unaudited)
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Infrastructure
Group |
Aggregate
and Mining Group |
Energy
Group |
Corporate
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Total
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||||||||||||||||
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2013 Revenues-$
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398,399 | 350,514 | 184,085 | - | 932,998 | |||||||||||||||
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2012 Revenues-$
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390,752 | 355,428 | 190,093 | - | 936,273 | |||||||||||||||
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2011 Revenues-$
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422,272 | 333,278 | 153,091 | - | 908,641 | |||||||||||||||
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2013 Gross Profit-$
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85,428 | 87,849 | 33,925 | (83 | ) | 207,119 | ||||||||||||||
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2013 Gross Profit %
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21.4 | % | 25.1 | % | 18.4 | % | - | 22.2 | % | |||||||||||
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2012 Gross Profit-$
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79,372 | 90,554 | 37,215 | 810 | 207,951 | |||||||||||||||
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2012 Gross Profit %
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20.3 | % | 25.5 | % | 19.6 | % | - | 22.2 | % | |||||||||||
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2011 Gross Profit-$
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97,382 | 83,389 | 30,733 | 29 | 211,533 | |||||||||||||||
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2011 Gross Profit %
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23.1 | % | 25.0 | % | 20.1 | % | - | 23.3 | % | |||||||||||
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2013 Profit (Loss)-$
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32,814 | 33,031 | 4,005 | (30,367 | ) | 39,483 | ||||||||||||||
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2012 Profit (Loss)-$
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26,917 | 34,687 | 6,149 | (33,024 | ) | 34,729 | ||||||||||||||
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2011 Profit (Loss)-$
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46,569 | 31,493 | 4,316 | (39,992 | ) | 42,386 | ||||||||||||||
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Segment revenues are reported net of intersegment revenues. Segment gross profit is net of profit on intersegment revenues. A reconciliation of total segment profits to the Company's net income attributable to controlling interest is as follows (in thousands):
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Year Ended December 31
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2013
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2012
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2011
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Total profit for all segments
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$ | 39,483 | $ | 34,729 | $ | 42,386 | ||||||
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Elimination of intersegment profit
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(269 | ) | (519 | ) | (1,946 | ) | ||||||
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Net income attributable to non-controlling interest
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(172 | ) | (161 | ) | (102 | ) | ||||||
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Discontinued operations
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- | 6,779 | 225 | |||||||||
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Net income attributable to controlling interest
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$ | 39,042 | $ | 40,828 | $ | 40,563 | ||||||
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Astec Industries, Inc.
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Backlog by Segment
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(in thousands)
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(Unaudited)
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Infrastructure
Group |
Aggregate
and Mining Group |
Energy
Group |
Total
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December 31, 2013
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137,119 | 105,022 | 48,101 | 290,242 | ||||||||||||
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December 31, 2012
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124,210 | 88,123 | 51,458 | 263,791 | ||||||||||||
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December 31, 2011
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111,307 | 98,262 | 59,049 | 268,618 | ||||||||||||