Company: ASTE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000792987-25-000064
Chunk: 83

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 83
---
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 Reportable segment capital expenditures$8.6 $3.1 $11.7 $11.9 $3.9 $15.8 (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) 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.

21

The reconciliation of Reportable Segment Operating Adjusted EBITDA to total "(Loss) income before income taxes" is set forth below:Three Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Segment Operating Adjusted EBITDA - reportable