Company: ASTE
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000792987-25-000047
Chunk: 84

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 84
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 June 30, 2024(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotalReportable segment revenues:Revenues from external customers$440.6 $219.1 $659.7 $423.6 $231.1 $654.7 Intersegment revenues18.2 3.0 21.2 15.7 1.4 17.1 Total revenues - reportable segments$458.8 $222.1 $680.9 $439.3 $232.5 $671.8 Significant reportable segment expenses:Manufacturing operation costs:Equipment$193.5 $106.9 $300.4 $200.9 $112.7 $313.6 Parts64.4 38.0 102.4 67.9 39.8 107.7 Other46.5 19.0 65.5 45.7 19.0 64.7 General and administrative28.2 15.8 44.0 28.3 16.1 44.4 Sales and marketing22.5 13.0 35.5 24.4 14.2 38.6 Quality costs (1)12.9 4.9 17.8 6.8 6.4 13.2 Research and development8.6 4.2 12.8 8.1 3.8 11.9 Inventory period costs (2)7.1 3.0 10.1 4.4 5.2 9.6 Other segment items (3)— (2.1)(2.1)— (0.2)(0.2)Reportable Segment Operating Adjusted EBITDA$75.1 $19.4 $94.5 $52.8 $15.5 $68.3 Reportable segment capital expenditures$5.9 $1.6 $7.5 $9.9 $3.3 $13.2 (1) Quality costs related to repair or other remediation expenses incurred for corrective action on product failures covered by warranties or voluntarily for certain warranty-type expenses occurring after the normal warranty period expires to help protect the reputation of the Company's products and maintain the goodwill of customers.(2)