Company: ASTE
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000792987-25-000029
Chunk: 16

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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March 31, 2025December 31, 2024(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotalReportable segment assets$1,114.1 $785.8 $1,899.9 $1,095.8 772.3 $1,868.1 

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Revenue, significant expense and capital expenditure information for the Company's reportable segments is set forth below:Three Months Ended March 31, 2025Three Months Ended March 31, 2024(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotalReportable segment revenues:Revenues from external customers$236.0 $93.4 $329.4 $202.2 $107.0 $309.2 Intersegment revenues8.8 2.1 10.9 6.8 0.5 7.3 Total revenues - reportable segments$244.8 $95.5 $340.3 $209.0 $107.5 $316.5 Significant reportable segment expenses:Manufacturing operation costs:Equipment$97.6 $40.9 $138.5 $79.8 $49.4 $129.2 Parts36.3 19.1 55.4 40.7 19.5 60.2 Other24.5 10.6 35.1 25.5 10.2 35.7 General and administrative14.9 7.8 22.7 14.1 8.5 22.6 Sales and marketing11.4 6.3 17.7 12.8 6.9 19.7 Quality costs (1)6.6 2.5 9.1 3.8 2.8 6.6 Research and development4.4 1.9 6.3 4.4 2.1 6.5 Inventory period costs (2)6.3 1.6 7.9 2.3 3.4 5.7 Other segment items (3)(0.1)(0.4)(0.5)— (0.6)(0.6)Reportable Segment Operating Adjusted EBITDA$42.9 $5.2 $48.1