Adjusted Metrics for Nonrecurring Items for the three months and years ended December 31, 2018 and 2017

Events & Presentations

Adjusted Metrics for Nonrecurring Items for the three months and years ended December 31, 2018 and 2017

Jun 6, 2016

Adjusted consolidated gross profit and adjusted consolidated earnings from operations for the three months and years ended December 31, 2018 and 2017, exclude the impact of acquisition-related expenses, net, the impact of selling acquired inventory due to the markup to fair value as part of acquisition accounting and the impact of asset and portfolio rationalization charges. Acquisition-related expenses, net, consist of acquisition and integration expenses and the nonrecurring gain on the required divestiture of a legacy Martin Marietta quarry in Georgia as part of the acquisition of Bluegrass Materials.

Adjusted consolidated gross profit and adjusted consolidated earnings from operations represent non-GAAP financial measures. Management presents these measures for investors and analysts to evaluate and forecast the Company's financial results, as acquisition-related expenses, net, the impact of selling acquired inventory due to the markup to fair value as part of acquisition accounting, and asset and portfolio rationalization charges are nonrecurring.