Company: ASTE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000792987-25-000064
Chunk: 27

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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's products and maintain the goodwill of customers.(2) Inventory period costs primarily relate to inventory reserves and adjustments and net scrap sales.(3) Other segment items consists of foreign exchange gains and losses, investment income and loss and other income and expense amounts that are included in Segment Operating Adjusted EBITDA that are not considered to be significant segment expenses.

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Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotalReportable segment revenues:Revenues from external customers$633.8 $376.0 $1,009.8 $588.6 $357.5 $946.1 Intersegment revenues25.4 4.5 29.9 41.4 2.8 44.2 Total revenues - reportable segments$659.2 $380.5 $1,039.7 $630.0 $360.3 $990.3 Significant reportable segment expenses:Manufacturing operation costs:Equipment$279.9 $170.3 $450.2 $281.1 $180.0 $461.1 Parts90.4 67.7 158.1 92.1 60.9 153.0 Other72.5 38.1 110.6 82.6 27.5 110.1 General and administrative41.0 28.9 69.9 40.7 20.9 61.6 Sales and marketing32.7 23.1 55.8 34.2 20.8 55.0 Quality costs (1)18.3 7.8 26.1 11.0 9.3 20.3 Research and development12.6 6.5 19.1 11.7 5.8 17.5 Inventory period costs (2)13.1 5.4 18.5 8.2 5.7 13.9 Other segment items (3)(0.3)(2.1)(2.4)— (0.6)(0.6)Reportable Segment Operating Adjusted EBITDA$99.0 $34.8 $133.8 $68.4 $30.0 $98.4