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