AMCOL International Corporation (NYSE: ACO) Reports Second Quarter Results

AMCOL International Corporation (NYSE: ACO) Reports Second Quarter Results 
HOFFMAN ESTATES, IL -- (Marketwired) -- 07/26/13 --  For the second
quarter of 2013, AMCOL International Corporation (NYSE: ACO)
generated diluted earnings attributable to its shareholders of $0.51
per share versus $0.67 per share in the prior year's quarter. The
2013 quarter's diluted earnings per share would have been $0.06
greater, or $0.57 per share, excluding certain special items,
primarily expenses associated with restructuring our construction
technologies segment.  
Net sales increased $5.4 million to $262.8 million in the 2013 second
quarter, and gross profit decreased $2.7 million to $72.0 million.
Gross profit margin decreased 160 basis points to 27.4%. Operating
profit decreased 19.6% to $25.0 million, and operating profit margin
decreased 260 basis points to 9.5%. SG&A expenses increased $3.4
million to $47.0 million and include $1.7 million of restructuring
expenses, largely in our construction technologies segment. Our
effective tax rate for the 2013 second quarter was 28.6% compared to
27.3% in the prior year period. 
"From an operating perspective, while several product lines faced
challenges in the quarter, others exhibited strong performance. In
performance materials, we were pleased with the steady performance in
our metalcasting product line both in the US and in Asia, despite
softness in chromite sales. We estimate that lower drilling fluid and
chromite product sales within the segment accounted for a $0.09 per
share decrease in EPS compared to the prior year's quarter," said
AMCOL President and CEO Ryan McKendrick.  
"Although our construction technologies segment faced challenges in
the quarter, we are seeing sales develop for our new lining
technologies products. We also completed the restructuring
initiatives we started in early 2013," McKendrick continued. 
"Energy services completed another good quarter with sales up 27.2%
and operating profit up 14.3%. We are seeing a good rebound in
activity in the Gulf of Mexico, but it is offset by lower
profitability for domestic land based business. This led to a lower
gross profit margin for the segment," McKendrick added. 
DETAILED ANALYSIS OF RESULTS 
The following paragraphs discuss our most recent results. The
statement of operations highlights are supported by the quarterly
segment results schedules included in this press release. As they
relate to our results as contained in the statement of operations,
the following comments relate to our results for the current quarter
as compared to the same quarter in the prior year, unless otherwise
noted. As they relate to the balance sheet, the following paragraphs
highlight our financial condition as of June 30, 2013 as compared to
December 31, 2012. As they relate to our statement of cash flows, the
following comments compare our results for the six months ending June
30, 2013 as compared to the six months ending June 30, 2012. 
The $16.6 million, or 27.2%, increase in revenues from our energy
services segment was large enough to offset the decreased sales
experienced in our other segments. Energy service segment revenues
increased as our filtration services were in greater demand due to
increased offshore activity in the Gulf of Mexico. Lower sales
volumes in construction technologies account for the $5.3 million
decrease in that segment's revenues. Lower volumes, principally in
chromite product offerings within metalcasting sales and drilling
products within basic minerals, led to the $3.9 million sales
decrease in our performance materials segment. 
Gross profit margins decreased 160 basis points to 27.4%, with the
largest decrease occurring in our energy services segment. There,
land based services, particularly coil tubing and well testing
offerings, experienced lower prices due to increased competition.
Lower volume within our performance materials segment decreased that
segment's gross profit margins 200 basis points to 25.2%. 
Selling, general and administrative expenses increased $3.4 million
and included $1.7 million of restructuring charges, mostly in our
construction technologies segment. Excluding restructuring charges,
increased employee and related expenses were the main drivers of the
increased SG&A costs. 
Our cash flows from operating activities decreased $18.5 million to
$20.4 million largely due to the decreased net income and increased
investments in working capital. The current year-to-date period is
not benefitting from the significant decrease in accounts receivable
that we experienced in the prior year's period, especially in our
energy services segment. Capital expenditures increased, mostly in
our energy services segment, and we invested $5.0 million in Novinda
in the first quarter of 2013. The combination of these factors led us
to borrow $31.2 million more than in the prior year-to-date period.
Our quarterly dividend rate increased to $0.20 per share from $0.18
per share in the prior year's second quarter. 
This release should be read in conjunction with the attached
unaudited, condensed, consolidated financial statements. It contains
certain forward-looking statements regarding AMCOL's expected
performance for future periods and actual results for such periods
might materially differ. Such forward-looking statements are subject
to uncertainties, which include, but are not limited to, actual
growth in AMCOL's various markets, utilization of AMCOL's plants,
currency exchange rates, currency devaluation, delays in development,
production and marketing of new products, integration of acquired
businesses, and other factors detailed from time to time in AMCOL's
annual report and other reports filed with the Securities and
Exchange Commission. AMCOL undertakes no duty to update any
forward-looking statement to conform the statement to actual results
or changes in AMCOL's expectations. 
AMCOL International, headquartered in Hoffman Estates, IL, develops
and markets a wide range of mineral and technology based products and
services for use in various industrial, environmental and consumer
applications. AMCOL is the parent company of American Colloid
Company, CETCO (Colloid Environmental Technologies Company, LLC),
CETCO Energy Services Company, LLC and the transportation operations,
Ameri-co Carriers, Inc. and Ameri-co Logistics, Inc. AMCOL's common
stock is traded on the New York Stock Exchange under the symbol ACO.
AMCOL's web address is www.amcol.com. AMCOL's quarterly quarter
conference call will be available live today at 11 a.m. ET on the
AMCOL website via webcast or by dialing 866-225-0198. 
Financial tables follow. 


 
                                                                            
                      AMCOL INTERNATIONAL CORPORATION                       
              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS               
                                (unaudited)                                 
                    (In millions, except per share data)                    
                                                                            
                                 ---------  ---------  ---------  --------- 
                                   Six Months Ended     Three Months Ended  
                                       June 30,              June 30,       
                                 --------------------  -------------------- 
                                    2013       2012       2013       2012   
                             
    ---------  ---------  ---------  --------- 
                                                                            
Net sales                        $   499.5  $   492.9  $   262.8  $   257.4 
Cost of sales                        364.4      353.5      190.8      182.7 
                                 ---------  ---------  ---------  --------- 
  Gross profit                       135.1      139.4       72.0       74.7 
                                                                            
Selling, general, and                                                       
 administrative expenses              93.8       86.9       47.0       43.6 
                                 ---------  ---------  ---------  --------- 
  Operating profit                    41.3       52.5       25.0       31.1 
                                 ---------  ---------  ---------  --------- 
                                                                            
Other income (expense):                                                     
  Interest expense, net               (5.0)      (5.4)      (2.5)      (2.7)
  Other, net                          (1.2)      (2.7)      (0.5)      (0.6)
                                 ---------  ---------  ---------  --------- 
                                      (6.2)      (8.1)      (3.0)      (3.3)
                                 ---------  ---------  ---------  --------- 
  Income before income taxes and                                            
   income (loss) from affiliates                                            
   and joint ventures                 35.1       44.4       22.0       27.8 
Income tax expense                     9.9       12.0        6.3        7.6 
                                 ---------  ---------  ---------  --------- 
  Income before income (loss)                                               
   from affiliates and joint                                                
   ventures                           25.2       32.4       15.7       20.2 
                                                                            
Income (loss) from affiliates                                               
 and joint ventures                    1.8        2.4        0.9        1.1 
                                                                            
                                 ---------  ---------  ---------  --------- 
  Net income                          27.0       34.8       16.6       21.3 
                                 ---------  ---------  ---------  --------- 
                                                                            
Net income (loss) attributable                                              
 to noncontrolling interests             -       (0.2)       0.1       (0.3)
                                                                            
                                 ---------  ---------  ---------  --------- 
Net income attributable to AMCOL                                            
 shareholders                    $    27.0  $    35.0  $    16.5  $    21.6 
                                 =========  =========  =========  ========= 
                                                                            
Weighted average common shares                                              
 outstanding                          32.4       32.0       32.4       32.0 
                                                                            
Weighted average common and                                                 
 common equivalent shares                                                   
 outstanding                          32.7       32.3       32.7       32.3 
                                                                            
Earnings per share attributable                                             
 to AMCOL shareholders                                                      
                                                                            
  Basic earnings per share       $    0.83  $    1.09  $    0.51  $    0.67 
  Diluted earnings per share     $    0.83  $    1.08  $    0.51  $    0.67 
                                                                            
Dividends declared per share     $    0.40  $    0.36  $    0.20  $    0.18 
                                                                            
                                                                            
                                                                            
                      AMCOL INTERNATIONAL CORPORATION                       
                   CONDENSED CONSOLIDATED BALANCE SHEETS                    
                               (In millions)                                
                                                                            
ASSETS                                            June 30,     December 31, 
                                                    2013           2012     
                                                (unaudited)         *       
                                               -------------  ------------- 
  Current assets:                                                           
    Cash and equivalents                       $        26.5  $        40.0 
    Accounts receivable, net                           230.1          202.7 
    Inventories                                        147.6          153.8 
    Prepaid expenses                                    22.0           17.0 
    Deferred income taxes                                5.4            7.0 
    Income tax receivable                               15.7            7.0 
    Other                                                3.2            2.0 
                                               -------------  ------------- 
        Total current assets                           450.5          429.5 
                                               -------------  ------------- 
                                                                            
  Noncurrent assets:                                                        
    Property, plant, equipment, mineral rights                              
     and reserves:                                                          
      Land                                              11.1           13.0 
      Mineral rights                                    42.5           48.6 
      Depreciable assets                               572.9          552.0 
                                               -------------  ------------- 
                                                       626.5          613.6 
      Accumulated depreciation and depletion          (318.9)        (311.7)
                                               -------------  ------------- 
                                                       307.6          301.9 
                                               -------------  ------------- 
                                                                            
  Goodwill                                              69.5           70.2 
  Intangible assets, net                                32.2           33.9 
  Investments in and advances to affiliates                                 
   and joint ventures                                   34.3 
          27.8 
  Available-for-sale securities                         10.7           14.6 
  Deferred income taxes                                  7.6            7.4 
  Other assets                                          27.1           25.3 
                                               -------------  ------------- 
        Total noncurrent assets                        489.0          481.1 
                                               -------------  ------------- 
  Total Assets                                 $       939.5  $       910.6 
                                               =============  ============= 
                                                                            
LIABILITIES AND SHAREHOLDERS' EQUITY                                        
  Current liabilities:                                                      
    Accounts payable                           $        52.7  $        51.1 
    Accrued income taxes                                 9.0            5.0 
    Accrued liabilities                                 62.6           58.4 
                                               -------------  ------------- 
        Total current liabilities                      124.3          114.5 
                                               -------------  ------------- 
                                                                            
  Noncurrent liabilities:                                                   
    Long-term debt                                     270.2          248.8 
    Pension liabilities                                 37.9           37.5 
    Deferred compensation                               10.9            9.4 
    Deferred income taxes                               11.9           12.8 
    Other long-term liabilities                         19.3           22.5 
                                               -------------  ------------- 
        Total noncurrent liabilities                   350.2          331.0 
                                               -------------  ------------- 
                                                                            
  Shareholders' equity:                                                     
    Common stock                                         0.3            0.3 
    Additional paid in capital                         112.7          105.1 
    Retained earnings                                  369.3          355.2 
    Accumulated other comprehensive income                                  
     (loss)                                            (20.5)           0.8 
                                               -------------  ------------- 
  Total AMCOL shareholders' equity                     461.8          461.4 
                                               -------------  ------------- 
                                                                            
    Noncontrolling interest                              3.2            3.7 
                                                                            
                                               -------------  ------------- 
        Total equity                                   465.0          465.1 
                                               -------------  ------------- 
                                                                            
  Total Liabilities and Shareholders' Equity   $       939.5  $       910.6 
                                               =============  ============= 
                                                                            
* Condensed from audited financial statements.                              
                                                                            
                                                                            
                                                                            
                      AMCOL INTERNATIONAL CORPORATION                       
        CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)         
                               (In millions)                                
                                                                            
                                                     Six Months Ended       
                                                         June 30,           
                                               ---------------------------- 
                                                    2013           2012     
                                               -------------  ------------- 
Cash flow from operating activities:                                        
  Net income                                   $        27.0  $        34.8 
  Adjustments to reconcile net income to net                                
   cash provided by (used in) operating                                     
   activities:                                                              
    Depreciation, depletion, and amortization           24.3           21.8 
    Other non-cash charges                               5.3            7.4 
    Changes in assets and liabilities, net of                               
     effects of acquisitions:                                               
      Decrease (increase) in current assets            (48.3)         (25.6)
      Decrease (increase) in noncurrent assets          (2.1)          (1.2)
      Increase (decrease) in current                                        
       liabilities                                      12.5            0.3 
      Increase (decrease) in noncurrent                                     
       liabilities                                       1.7            1.4 
                                               -------------  ------------- 
        Net cash provided by (used in)                                      
         operating activities                           20.4           38.9 
                                               -------------  ------------- 
                                                                            
Cash flow from investing activities:                                        
  Capital expenditures                                 (44.1)         (32.2)
  (Increase) decrease in investments and                                    
   advances (to) from affiliates and joint                                  
   ventures                                             (4.9)           0.1 
  Proceeds from sale of land and depreciable                                
   assets                                                0.5            1.4 
  Other                                                  1.3            0.8 
                                               -------------  ------------- 
        Net cash (used in) investing                                        
         activities                                    (47.2)         (29.9)
                                               ------
-------  ------------- 
                                                                            
Cash flow from financing activities:                                        
  Net change in outstanding debt                        21.6           (9.6)
  Proceeds from exercise of stock awards                 4.4            3.9 
  Dividends paid                                       (12.9)         (11.5)
  Excess tax benefits from stock-based                                      
   compensation                                          0.1            0.2 
  Contribution from noncontrolling partner               0.1              - 
                                               -------------  ------------- 
        Net cash provided by (used in)                                      
         financing activities                           13.3          (17.0)
                                               -------------  ------------- 
                                                                            
Effect of foreign currency rate changes on                                  
 cash                                                      -            0.7 
                                               -------------  ------------- 
Net increase (decrease) in cash and cash                                    
 equivalents                                           (13.5)          (7.3)
                                               -------------  ------------- 
Cash and cash equivalents at beginning of                                   
 period                                                 40.0           24.1 
                                               -------------  ------------- 
Cash and cash equivalents at end of period     $        26.5  $        16.8 
                                               =============  ============= 
                                                                            
                                                                            
                                                                            
                      AMCOL INTERNATIONAL CORPORATION                       
                        SEGMENT RESULTS (unaudited)                         
                              QUARTER-TO-DATE                               
                                                                            
                                     Three Months Ended June 30,            
                         -------------------------------------------------- 
  Performance Materials        2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------- 
                                        (Dollars in Millions)               
                         -------------------------------------------------- 
                                                                            
Net sales                $ 127.2    100.0% $ 131.1   100.0% $  (3.9)   -3.0%
Cost of sales               95.1     74.8%    95.5    72.8%    (0.4)   -0.4%
                         -------  -------  -------  ------  -------         
  Gross profit              32.1     25.2%    35.6    27.2%    (3.5)   -9.8%
Selling, general and                                                        
 administrative expenses    13.2     10.3%    13.1    10.0%     0.1     0.8%
                         -------  -------  -------  ------  -------         
  Operating profit          18.9     14.9%    22.5    17.2%    (3.6)  -16.0%
                                                                            
                                                                            
                                                                            
                                     Three Months Ended June 30,            
                         -------------------------------------------------- 
      Construction                                                          
      Technologies             2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------- 
                                        (Dollars in Millions)               
                         -------------------------------------------------- 
                                                                            
Net sales                $  56.0    100.0% $  61.3   100.0% $  (5.3)   -8.6%
Cost of sales               38.0     67.9%    42.6    69.5%    (4.6)  -10.8%
                         -------  -------  -------  ------  -------         
  Gross profit              18.0     32.1%    18.7    30.5%    (0.7)   -3.7%
Selling, general and                                                        
 administrative expenses    15.2     27.1%    12.4    20.2%     2.8    22.6%
                         -------  -------  -------  ------  -------         
  Operating profit           2.8      5.0%     6.3    10.3%    (3.5)  -55.6%
                                                                            
                                                                            
                                                                            
                                     Three Months Ended June 30,            
                         -------------------------------------------------- 
    Energy Services            2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------- 
                                        (Dollars in Millions)               
                         -------------------------------------------------- 
                                                                            
Net sales                $  77.7    100.0% $  61.1   100.0% $  16.6    27.2%
Cost of sales               57.1     73.5%    41.9    68.6%    15.2    36.3%
                         -------  -------  -------  ------  -------         
  Gross profit              20.6     26.5%    19.2    31.4%     1.4     7.3%
Selling, general and                                                        
 administrative expenses    11.8     15.2%    11.5    18.8%     0.3     2.6%
                         -------  -------  -------  ------  -------         
  Operating profit           8.8     11.3%     7.7    12.6%     1.1    14.3%
                                                                            
                                                                            
                                                                            
                                     Three Months Ended June 30,            
                         -------------------------------------------------- 
     Transportation            2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------- 
                                        (Dollars in Millions)               
                         -------------------------------------------------- 
                                                                            
Net sales                $  11.5    100.0% $  11.7   100.0% $  (0.2)   -1.7%
Cost of sales               10.3     89.6%    10.5    89.7%    (0.2)   -1.9%
                         -------  -------  -------  ------  -------         
  Gross profit               1.2     10.4%     1.2    10.3%    (0.0)    0.0%
Selling, general and                                                        
 administrative expenses     0.9      7.8%     0.9     7.7%       -     0.0%
                         -------  -------  -------  ------  -------         
  Operating profit           0.3      2.6%     0.3     2.6%    (0.0)    0.0%
                                                                            
                                                                            
                                                                            
                            Three Months Ended June 30,                     
                         ---------------------------------                  
        Corporate          2013     2012    2013 vs. 2012                   
                         -------  -------  ---------------                  
                               (Dollars in Millions)                        
                         ---------------------------------                  
                                                                            
Intersegment sales       $  (9.6) $  (7.8) $  (1.8)                         
Intersegment cost of                                                        
 sales                      (9.7)    (7.8)    (1.9)                         
                         -------  -------  -------                          
  Gross profit (loss)        0.1        -      0.1                          
Selling, general and                                                        
 administrative expenses     5.9      5.7      0.2     3.5%      
           
                         -------  -------  -------                          
Operating loss              (5.8)    (5.7)    (0.1)    1.8%                 
                                                                            
                                                                            
                                                                            
                      AMCOL INTERNATIONAL CORPORATION                       
                        SEGMENT RESULTS (unaudited)                         
                               YEAR-TO-DATE                                 
                                                                            
                                     Six Months Ended June 30,              
                         -------------------------------------------------  
  Performance Materials        2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------  
                                       (Dollars in Millions)                
                         -------------------------------------------------  
                                                                            
Net sales                $ 244.4    100.0% $ 256.3   100.0% $ (11.9)  -4.6 %
Cost of sales              182.9     74.8%   187.3    73.1%    (4.4)  -2.3 %
                         -------  -------  -------  ------  -------         
  Gross profit              61.5     25.2%    69.0    26.9%    (7.5) -10.9 %
Selling, general                                                            
 andadministrative                                                          
 expenses                   26.7     11.0%    25.0     9.7%     1.7    6.8 %
                         -------  -------  -------  ------  -------         
  Operating profit          34.8     14.2%    44.0    17.2%    (9.2) -20.9 %
                                                                            
                                                                            
                                                                            
                                     Six Months Ended June 30,              
                         -------------------------------------------------  
      Construction                                                          
      Technologies             2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------  
                                       (Dollars in Millions)                
                         -------------------------------------------------  
                                                                            
Net sales                $  98.8    100.0% $ 112.3   100.0% $ (13.5) -12.0 %
Cost of sales               67.8     68.6%    79.0    70.3%   (11.2) -14.2 %
                         -------  -------  -------  ------  -------         
  Gross profit              31.0     31.4%    33.3    29.7%    (2.3)  -6.9 %
Selling, general and                                                        
 administrative expenses    30.0     30.4%    26.1    23.3%     3.9   14.9 %
                         -------  -------  -------  ------  -------         
  Operating profit           1.0      1.0%     7.2     6.4%    (6.2) -86.1 %
                                                                            
                                                                            
                                                                            
                                     Six Months Ended June 30,              
                         -------------------------------------------------  
     Energy Services           2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------  
                                       (Dollars in Millions)                
                         -------------------------------------------------  
                                                                            
Net sales                $ 150.8    100.0% $ 116.4   100.0% $  34.4   29.6 %
Cost of sales              110.6     73.3%    81.8    70.3%    28.8   35.2 %
                         -------  -------  -------  ------  -------         
  Gross profit              40.2     26.7%    34.6    29.7%     5.6   16.2 %
Selling, general and                                                        
 administrative expenses    23.2     15.4%    22.1    19.0%     1.1    5.0 %
                         -------  -------  -------  ------  -------         
  Operating profit          17.0     11.3%    12.5    10.7%     4.5   36.0 %
                                                                            
                                                                            
                                                                            
                                     Six Months Ended June 30,              
                         -------------------------------------------------  
     Transportation            2013              2012        2013 vs. 2012  
                         ----------------  ---------------  --------------  
                                       (Dollars in Millions)                
                         -------------------------------------------------  
                                                                            
Net sales                $  21.7    100.0% $  22.8   100.0% $  (1.1)  -4.8 %
Cost of sales               19.4     89.4%    20.4    89.5%    (1.0)  -4.9 %
                         -------  -------  -------  ------  -------         
  Gross profit               2.3     10.6%     2.4    10.5%    (0.1)  -4.2 %
Selling, general and                                                        
 administrative expenses     1.8      8.3%     1.9     8.3%    (0.1)  -5.3 %
                         -------  -------  -------  ------  -------         
  Operating profit           0.5      2.3%     0.5     2.2%    (0.0)   0.0 %
                                                                            
                                                                            
                                                                            
                             Six Months Ended June 30,                      
                         ---------------------------------                  
        Corporate          2013     2012    2013 vs. 2012                   
                         -------  -------  ---------------                  
                               (Dollars in Millions)                        
                         ---------------------------------                  
                                                                            
Intersegment sales       $ (16.2) $ (14.9) $  (1.3)                         
Intersegment cost of                                                        
 sales                     (16.3)   (15.0)    (1.3)                         
                         -------  -------  -------                          
  Gross profit (loss)        0.1      0.1     (0.0)                         
Selling, general and                                                        
 administrative expenses    12.1     11.8      0.3     2.5%                 
                         -------  -------  -------                          
Operating loss             (12.0)   (11.7)    (0.3)    2.6%                 
                                                                            
                                                                            
                                                                            
                 AMCOL INTERNATIONAL CORPORATION                            
              SUPPLEMENTARY INFORMATION (unaudited)                         
                         QUARTER-TO-DATE                           
         
                                                                            
    Composition of Sales by                                                 
       Geographic Region             Three Months Ended June 30, 2013       
                               -------------------------------------------- 
                                                           Asia             
                                Americas       EMEA       Pacific    Total  
                               ---------  -------------  --------  -------- 
Performance materials               27.0%          10.0%     11.4%     48.4%
Construction technologies            8.6%           9.5%      3.2%     21.3%
Energy services                     25.1%           1.8%      2.7%     29.6%
Transportation & intersegment                                               
 sales                               0.7%           0.0%      0.0%      0.7%
                               ---------  -------------  --------  -------- 
                                                                            
                               ---------  -------------  --------  -------- 
Total - current year's period       61.4%          21.3%     17.3%    100.0%
                               =========  =============  ========  ======== 
Total from prior year's                                                     
 comparable period                  62.8%          21.7%     15.5%    100.0%
                                                                            
                                                                            
                                                                            
                                      Three Months Ended June 30, 2013      
 Percentage of Revenue Growth                        vs.                    
         by Component                 Three Months Ended June 30, 2012      
                                --------------------------------------------
                                                          Foreign           
                                Organic    Acquisitions  Exchange    Total  
                               ---------  -------------  --------  -------- 
Performance materials               -1.3%           0.0%     -0.2%     -1.5%
Construction technologies           -2.3%           0.0%      0.2%     -2.1%
Energy services                      6.5%           0.0%     -0.1%      6.4%
Transportation & intersegment                                               
 sales                              -0.8%           0.0%      0.0%     -0.8%
                               ---------  -------------  --------  -------- 
                                                                            
                               ---------  -------------  --------  -------- 
Total                                2.1%           0.0%     -0.1%      2.0%
                               =========  =============  ========  ======== 
% of growth                        105.0%           0.0%     -5.0%    100.0%
                                                                            
                                                                            
                                                                            
 Performance Materials Product                                              
          Line Sales               Three Months Ended June 30,              
                               ----------------------------------           
                                  2013         2012      % change           
                               ---------  -------------  --------           
                                      (Dollars in Millions)                 
                               ----------------------------------           
                                                                            
Metalcasting                   $    70.0  $        71.0      -1.4%          
Specialty materials                 24.0           28.9     -17.0%          
Basic minerals                      15.4           16.0      -3.7%          
Pet products                        14.6           13.9       5.0%          
Other product lines                  3.2            1.3     146.2%          
                               ---------  -------------                     
                                                                            
                               ---------  -------------                     
  Total                            127.2          131.1      -3.0%          
                               =========  =============                     
                                                                            
                                                                            
                                                                            
                                                                            
   Construction Technologies                                                
      Product Line Sales           Three Months Ended June 30,              
                               ----------------------------------           
                                  2013         2012      % change           
                               ---------  -------------  --------           
                                      (Dollars in Millions)                 
                               ----------------------------------           
                                                                            
Lining technologies            $    24.5  $        27.3     -10.3%          
Building materials                  18.9           19.2      -1.6%          
Drilling products                   10.1           10.5      -3.8%          
Contracting services                 2.5            4.3     -41.9%          
                               ---------  -------------                     
                                                                            
                               ---------  -------------                     
  Total                             56.0           61.3      -8.6%          
                               =========  =============                     
                                                                            
                                                                            
                                                                            
                 AMCOL INTERNATIONAL CORPORATION                            
              SUPPLEMENTARY INFORMATION (unaudited)                         
                           YEAR-TO-DATE                                     
                                                                            
    Composition of Sales by                                                 
       Geographic Region              Six Months Ended June 30, 2013        
                               --------------------------------------------  
                                                           Asia             
                                Americas       EMEA       Pacific    Total  
                               ---------  -------------  --------  --------     
                                                                       
Performance materials               27.4%          10.0%     11.6%     49.0%
Construction technologies            8.4%           8.4%      3.0%     19.8%
Energy services                     25.6%           1.5%      3.0%     30.1%
Transportation & intersegment                                               
 sales                               1.1%           0.0%      0.0%      1.1%
                                                                            
                               ---------  -------------  --------  -------- 
Total - current year's period       62.5%          19.9%     17.6%    100.0%
                               =========  =============  ========  ====
==== 
Total from prior year's                                                     
 comparable period                  64.0%          20.7%     15.3%    100.0%
                                                                            
                                                                            
                                                                            
                                      Six Months Ended June 30, 2013        
 Percentage of Revenue Growth                       vs.                     
         by Component                 Six Months Ended June 30, 2012        
                               -------------------------------------------- 
                                                          Foreign           
                                Organic    Acquisitions  Exchange    Total  
                               ---------  -------------  --------  -------- 
Performance materials               -2.3%           0.0%     -0.1%     -2.4%
Construction technologies           -2.8%           0.0%      0.1%     -2.7%
Energy services                      7.2%           0.0%     -0.2%      7.0%
Transportation & intersegment                                               
 sales                              -0.5%           0.0%      0.0%     -0.5%
                                                                            
                               ---------  -------------  --------  -------- 
Total                                1.6%           0.0%     -0.2%      1.4%
                               =========  =============  ========  ======== 
% of growth                        114.3%           0.0%    -14.3%    100.0%
                                                                            
                                                                            
                                                                            
 Performance Materials Product                                              
          Line Sales                Six Months Ended June 30,               
                               ----------------------------------           
                                  2013         2012      % change           
                               ---------  -------------  --------           
                                      (Dollars in Millions)                 
                               ----------------------------------           
                                                                            
Metalcasting                   $   133.2  $       133.8      -0.4%          
Specialty materials                 48.6           59.0     -17.6%          
Basic minerals                      30.1           33.3      -9.6%          
Pet products                        28.0           28.1      -0.4%          
Other product lines                  4.5            2.1     114.3%          
                                                                            
                               ---------  -------------                     
  Total                            244.4          256.3      -4.6%          
                               =========  =============                     
                                                                            
                                                                            
                                                                            
   Construction Technologies                                                
      Product Line Sales            Six Months Ended June 30,               
                               ----------------------------------           
                                  2013         2012      % change           
                               ---------  -------------  --------           
                                      (Dollars in Millions)                 
                               ----------------------------------           
                                                                            
Lining technologies            $    38.0  $        46.7     -18.6%          
Building materials                  36.9           37.9      -2.6%          
Drilling products                   19.4           19.1       1.6%          
Contracting services                 4.5            8.6     -47.7%          
                                                                            
                               ---------  -------------                     
  Total                             98.8          112.3     -12.0%          
                               =========  =============                     

  
For further information, contact: 
Don Pearson
Senior Vice President & Chief Financial Officer 
847.851.1500 
 
 
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