Table D

Segment Financial Data and Unit Shipments

(Amounts in thousands, except per unit data)

Three Months Ended

Nine Months Ended

September 30

September 30

2014

2013

2014

2013

Total Revenues

Aggregates (a)

$688,922

$596,779

$1,752,583

$1,528,818

Asphalt Mix

136,441

130,251

330,004

308,279

Concrete (b)

98,949

129,751

288,792

349,934

Cement (c)

2,273

25,557

22,580

72,925

Segment sales

$926,585

$882,338

$2,393,959

$2,259,956

Aggregates intersegment sales

(53,006)

(56,519)

(145,592)

(134,581)

Cement intersegment sales

-

(12,251)

(9,225)

(34,912)

Total revenues

$873,579

$813,568

$2,239,142

$2,090,463

Gross Profit

Aggregates

$188,000

$149,789

$388,081

$301,695

Asphalt Mix

14,567

13,589

28,292

24,760

Concrete

5,486

(3,876)

(519)

(19,778)

Cement

989

(519)

2,068

2,856

Total

$209,042

$158,983

$417,922

$309,533

Depreciation, Depletion, Accretion and Amortization

Aggregates

$58,488

$56,749

$169,180

$169,235

Asphalt Mix

2,638

2,242

7,458

6,400

Concrete

4,955

8,379

15,678

24,539

Cement

157

5,426

1,406

13,758

Other

4,919

5,524

15,136

16,945

Total

$71,157

$78,320

$208,858

$230,877

Average Unit Sales Price and Unit Shipments

Aggregates

Freight-adjusted revenues (d)

$531,613

$465,711

$1,339,181

$1,188,939

Aggregates - tons (e)

47,825

42,765

121,101

110,189

Freight-adjusted sales price (f)

$11.12

$10.89

$11.06

$10.79

Other Products

Asphalt Mix - tons

2,240

2,172

5,508

5,204

Asphalt Mix - sales price

$55.08

$55.63

$54.01

$54.80

Ready-mixed concrete - cubic yards

978

1,304

2,885

3,558

Ready-mixed concrete - sales price

$101.20

$94.60

$98.49

$93.10

(a) Includes crushed stone, sand and gravel, sand, other aggregates, as well as freight and delivery revenues associated with the aggregates business.

(b) Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale. On March 7, 2014, we sold

our concrete business in the Florida area. See Appendix 5 for adjusted segment data.

(c) Includes cement and calcium products. On March 7, 2014, we sold our cement business. See Appendix 5 for adjusted segment data.

(d) Freight-adjusted revenues are total sales dollars excluding freight and delivery revenues, transportation to remote distribution sites and other revenues.

(e) Includes tons marketed and sold on behalf of a third-party pursuant to volumetric production payment (VPP) agreements and tons shipped to

our down-stream operations (i.e., asphalt mix and ready-mixed concrete).

(f) Freight-adjusted sales price is calculated as freight-adjusted revenues divided by aggregates tons.

Vulcan Announces Third Quarter 2014 Results