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BUSINESS SEGMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
BUSINESS SEGMENTS |
Segment reporting information of sales and operating income |
|  | 2011 |  | 2010 |  | 2009 |
--- | --- | --- | --- | --- | --- | --- | ---
SALES: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products segment: |  |  |  |  |  |  |  |  |  |
Lighting, Traffic, and Roadway Products |  | $ | 573,121 |  | $ | 490,359 |  | $ | 455,583 |
Communication Products |  |  | 109,131 |  |  | 105,852 |  |  | 141,463 |
Access Systems |  |  | 135,341 |  |  | 81,103 |  |  | — |
Engineered Infrastructure Products segment |  |  | 817,593 |  |  | 677,314 |  |  | 597,046 |
Utility Support Structures segment: |  |  |  |  |  |  |  |  |  |
Steel |  |  | 546,926 |  |  | 407,703 |  |  | 578,740 |
Concrete |  |  | 77,944 |  |  | 67,217 |  |  | 121,808 |
Utility Support Structures segment |  |  | 624,870 |  |  | 474,920 |  |  | 700,548 |
Coatings segment |  |  | 327,322 |  |  | 238,273 |  |  | 115,530 |
Irrigation segment |  |  | 666,007 |  |  | 443,371 |  |  | 362,187 |
Other |  |  | 331,986 |  |  | 198,550 |  |  | 68,639 |
Total |  |  | 2,767,778 |  |  | 2,032,428 |  |  | 1,843,950 |
INTERSEGMENT SALES: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products |  |  | 24,996 |  |  | 8,044 |  |  | 14,744 |
Utility Support Structures |  |  | 4,105 |  |  | 2,219 |  |  | 2,331 |
Coatings |  |  | 46,534 |  |  | 29,906 |  |  | 24,954 |
Irrigation |  |  | 111 |  |  | 12 |  |  | 16 |
Other |  |  | 30,552 |  |  | 16,742 |  |  | 15,304 |
Total |  |  | 106,298 |  |  | 56,923 |  |  | 57,349 |
NET SALES: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products segment |  |  | 792,597 |  |  | 669,270 |  |  | 582,302 |
Utility Support Structures segment |  |  | 620,765 |  |  | 472,701 |  |  | 698,217 |
Coatings segment |  |  | 280,788 |  |  | 208,367 |  |  | 90,576 |
Irrigation segment |  |  | 665,896 |  |  | 443,359 |  |  | 362,171 |
Other |  |  | 301,434 |  |  | 181,808 |  |  | 53,335 |
Total |  | $ | 2,661,480 |  | $ | 1,975,505 |  | $ | 1,786,601 |
|  | 2011 |  | 2010 |  | 2009 |
--- | --- | --- | --- | --- | --- | --- | ---
OPERATING INCOME (LOSS): |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products |  | $ | 40,753 |  | $ | 52,151 |  | $ | 45,143 |
Utility Support Structures |  |  | 70,643 |  |  | 51,741 |  |  | 164,834 |
Coatings |  |  | 58,656 |  |  | 42,602 |  |  | 24,669 |
Irrigation |  |  | 107,759 |  |  | 61,973 |  |  | 35,086 |
Other |  |  | 45,670 |  |  | 28,499 |  |  | 12,971 |
Corporate |  |  | (60,171 | ) |  | (58,553 | ) |  | (44,709 | )
Total |  |  | 263,310 |  |  | 178,413 |  |  | 237,994 |
Interest expense, net |  |  | (26,910 | ) |  | (26,107 | ) |  | (14,250 | )
Other |  |  | (2,643 | ) |  | 676 |  |  | 2,340 |
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries |  | $ | 233,757 |  | $ | 152,982 |  | $ | 226,084 |
TOTAL ASSETS: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products |  | $ | 750,992 |  | $ | 762,600 |  | $ | 514,564 |
Utility Support Structures |  |  | 432,657 |  |  | 360,256 |  |  | 311,862 |
Coatings |  |  | 283,588 |  |  | 325,675 |  |  | 98,861 |
Irrigation |  |  | 267,615 |  |  | 209,850 |  |  | 183,243 |
Other |  |  | 203,185 |  |  | 222,984 |  |  | 27,860 |
Corporate |  |  | 368,039 |  |  | 209,378 |  |  | 165,749 |
Total |  | $ | 2,306,076 |  | $ | 2,090,743 |  | $ | 1,302,139 |
CAPITAL EXPENDITURES: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products |  | $ | 13,328 |  | $ | 17,050 |  | $ | 12,735 |
Utility Support Structures |  |  | 31,501 |  |  | 5,228 |  |  | 13,899 |
Coatings |  |  | 22,881 |  |  | 5,570 |  |  | 1,493 |
Irrigation |  |  | 8,766 |  |  | 4,248 |  |  | 10,189 |
Other |  |  | 4,501 |  |  | 1,582 |  |  | 583 |
Corporate |  |  | 2,092 |  |  | 2,414 |  |  | 5,230 |
Total |  | $ | 83,069 |  | $ | 36,092 |  | $ | 44,129 |
DEPRECIATION AND AMORTIZATION: |  |  |  |  |  |  |  |  |  |
Engineered Infrastructure Products |  | $ | 30,637 |  | $ | 25,281 |  | $ | 21,203 |
Utility Support Structures |  |  | 12,548 |  |  | 11,320 |  |  | 10,287 |
Coatings |  |  | 12,175 |  |  | 8,376 |  |  | 4,074 |
Irrigation |  |  | 6,006 |  |  | 4,823 |  |  | 4,298 |
Other |  |  | 8,539 |  |  | 6,260 |  |  | 1,826 |
Corporate |  |  | 4,655 |  |  | 3,603 |  |  | 3,059 |
Total |  | $ | 74,560 |  | $ | 59,663 |  | $ | 44,747 |
Summary by Geographical Area by Location |
|  | 2011 |  | 2010 |  | 2009 |
--- | --- | --- | --- | --- | --- | --- | ---
NET SALES: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,473,819 |  | $ | 1,088,724 |  | $ | 1,297,699 |
Australia |  |  | 491,395 |  |  | 273,551 |  |  | 16,438 |
France |  |  | 79,329 |  |  | 99,508 |  |  | 75,701 |
China |  |  | 148,219 |  |  | 121,437 |  |  | 118,650 |
Other |  |  | 468,718 |  |  | 392,285 |  |  | 278,113 |
Total |  | $ | 2,661,480 |  | $ | 1,975,505 |  | $ | 1,786,601 |
LONG-LIVED ASSETS: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 439,147 |  | $ | 450,587 |  | $ | 441,944 |
Australia |  |  | 329,453 |  |  | 283,714 |  |  | — |
France |  |  | 11,342 |  |  | 11,917 |  |  | 12,470 |
China |  |  | 32,565 |  |  | 30,877 |  |  | 23,097 |
Canada |  |  | 36,979 |  |  | 39,252 |  |  | 39,163 |
Other |  |  | 203,647 |  |  | 180,170 |  |  | 70,073 |
Total |  | $ | 1,053,133 |  | $ | 996,517 |  | $ | 586,747 |

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