Segment Reporting

9 Months Ended

Sep. 26, 2020

The Company’s segment reporting structure uses the Company’s management reporting structure as the foundation for how the Company manages its business. The Company periodically evaluates its segment reporting structure in accordance with ASC 350-20-55 and has concluded that it has three reportable segments as of September 26, 2020: Fastening, Hardware, and Personal Protective Solutions, Consumer Connected Solutions, and Canada. The Company evaluates the performance of its segments based on revenue and income (loss) from operations, and does not include segment assets nor non-operating income/expense items for management reporting purposes.

The table below presents revenues and income (loss) from operations for our reportable segments for the thirteen and thirty-nine weeks ended September 26, 2020 and thirteen and thirty-nine weeks ended September 28, 2019.


	Thirteen Weeks Ended September 26, 2020		Thirteen Weeks Ended September 28, 2019		Thirty-nine Weeks Ended September 26, 2020		Thirty-nine Weeks Ended September 28, 2019
Revenues
Fastening, Hardware, and Personal Protective Solutions	$	300,307	$	222,947	$	782,983	$	650,954
Consumer Connected Solutions	59,186		61,797		157,691		179,375
Canada	39,187		32,533		100,552		99,235
Total revenues	$	398,680	$	317,277	$	1,041,226	$	929,564
Segment income (loss) from operations
Fastening, Hardware, and Personal Protective Solutions	$	30,107	$	8,000	$	63,383	$	16,361
Consumer Connected Solutions	3,046		4,243		4,432		3,859
Canada	1,949		(2,290)		(2,539)		(1,456)
Total income from operations	$	35,102	$	9,953	$	65,276	$	18,764