XML 46 R32.htm IDEA: XBRL DOCUMENT v3.6.0.2

SEGMENT INFORMATION (Tables)

9 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Financial Information Related to Operations by Segment

The following table sets forth certain financial information relating to our operations by segment:

		For the Three Months								For the Nine Months
		Ended December 31,								Ended December 31,
		2016				2015				2016				2015
		(dollars in thousands)								(dollars in thousands)
Revenues -
Cement		$	138,047			$	135,419			$	449,650			$	428,385
Gypsum Wallboard			121,504				108,907				357,689				343,660
Paperboard			41,254				36,822				128,528				111,285
Oil and Gas Proppants			7,124				8,476				18,851				49,608
Concrete and Aggregates			40,843				31,779				114,734				96,982
Sub-total			348,772				321,403				1,069,452				1,029,920
Less: Intersegment Revenues			(20,468	)			(17,986	)			(59,123	)			(56,005	)
Net Revenues, including Joint Venture			328,304				303,417				1,010,329				973,915
Less: Joint Venture			(25,909	)			(26,008	)			(77,772	)			(82,555	)
Net Revenues		$	302,395			$	277,409			$	932,557			$	891,360

		For the Three Months								For the Nine Months
		Ended December 31,								Ended December 31,
		2016				2015				2016				2015
		(dollars in thousands)								(dollars in thousands)
Intersegment Revenues -
Cement		$	4,336			$	3,714			$	12,407			$	11,072
Paperboard			15,887				14,069				45,845				44,216
Concrete and Aggregates			245				203				871				717
		$	20,468			$	17,986			$	59,123			$	56,005
Cement Sales Volume (in thousands of tons) -
Wholly –owned Operations			967				999				3,200				3,238
Joint Venture			231				213				691				661
			1,198				1,212				3,891				3,899

		For the Three Months								For the Nine Months
		Ended December 31,								Ended December 31,
		2016				2015				2016				2015
		(dollars in thousands)								(dollars in thousands)
Operating Earnings -
Cement		$	45,307			$	41,768			$	127,623			$	116,058
Gypsum Wallboard			41,075				37,289				122,109				118,185
Paperboard			9,380				7,923				30,827				22,091
Oil and Gas Proppants			(1,726	)			(9,153	)			(11,728	)			(59,389	)
Concrete and Aggregates			4,588				1,521				13,085				7,304
Other, net			429				1,163				2,008				2,170
Sub-total			99,053				80,511				283,924				206,419
Corporate General and Administrative			(9,166	)			(8,304	)			(27,831	)			(26,659	)
Earnings Before Interest and Income Taxes			89,887				72,207				256,093				179,760
Interest Expense, net			(6,198	)			(4,002	)			(15,755	)			(12,830	)
Earnings Before Income Taxes		$	83,689			$	68,205			$	240,338			$	166,930
Cement Operating Earnings -
Wholly–owned Operations		$	34,063			$	31,285			$	96,252			$	86,065
Joint Venture			11,244				10,483				31,371				29,993
		$	45,307			$	41,768			$	127,623			$	116,058
Capital Expenditures -
Cement		$	8,558			$	3,206			$	18,812			$	16,705
Gypsum Wallboard			1,756				1,131				5,181				2,831
Paperboard			634				650				2,338				3,918
Oil and Gas Proppants			1,469				5,619				1,534				38,330
Concrete and Aggregates			3,045				9,061				5,595				13,752
Other			350				—				583				—
		$	15,812			$	19,667			$	34,043			$	75,536
Depreciation, Depletion and Amortization -
Cement		$	8,763			$	8,390			$	26,158			$	24,885
Gypsum Wallboard			4,636				5,445				14,166				15,050
Paperboard			2,105				2,093				6,311				6,209
Oil and Gas Proppants			4,987				7,210				14,432				21,974
Concrete and Aggregates			1,805				1,597				5,474				4,667
Other, net			349				476				1,353				1,460
		$	22,645			$	25,211			$	67,894			$	74,245

		As of
		December 31, 2016				March 31, 2016
		(dollars in thousands)
Identifiable Assets -
Cement		$	807,008			$	819,994
Gypsum Wallboard			368,153				392,523
Paperboard			121,358				127,371
Oil and Gas Proppants			390,116				409,497
Concrete and Aggregates			106,744				106,634
Corporate and Other			180,610				27,616
		$	1,973,989			$	1,883,635

Segment Breakdown of Goodwill

The segment breakdown of goodwill is as follows:

		As of
		December 31, 2016				March 31, 2016
		(dollars in thousands)
Cement		$	9,729			$	9,729
Gypsum Wallboard			116,618				116,618
Paperboard			7,538				7,538
		$	133,885			$	133,885

Summarized Financial Information for Joint Venture Unconsolidated

Summarized financial information for the Joint Venture that is not consolidated is set out below (this summarized financial information includes the total amount for the Joint Venture and not our 50% interest in those amounts):

		For the Three Months Ended December 31,								For the Nine Months Ended December 31,
		2016				2015				2016				2015
		(dollars in thousands)								(dollars in thousands)
Revenues		$	53,018			$	52,016			$	158,351			$	165,110
Gross Margin		$	23,887			$	22,388			$	66,812			$	64,593
Earnings Before Income Taxes		$	22,488			$	20,967			$	62,742			$	59,987

		As of
		December 31, 2016				March 31, 2016
		(dollars in thousands)
Current Assets		$	69,465			$	70,491
Non-Current Assets		$	39,543			$	41,464
Current Liabilities		$	17,353			$	15,964

X

- Definition

Schedule of Assets Liabilities and Results of Operations for Unconsolidated Joint Ventures, Table.

+ References

No definition available.

+ Details

Name:	exp_ScheduleOfAssetsLiabilitiesAndResultsOfOperationsForUnconsolidatedJointVenturesTableTextBlock
Namespace Prefix:	exp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration