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Revenue
6 Months Ended
Jun. 30, 2019
Revenue From Contract With Customer [Abstract]  
Revenue

3. REVENUE

Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods.  The Company reports sales revenue, including direct sales, on a net basis, which includes gross revenue adjustments for estimated returns, cash payment discounts based on the satisfaction of outstanding receivables, and volume purchase rebates.  The Company’s customer payment terms are typical for its industry. These terms vary by customer and location, as well as by the products purchased.

Regarding direct sales, the Company is the principal of these arrangements and is responsible for fulfilling the promise to provide specific goods to its customers, including product specifications, pricing and modifications prior to delivery. .

The following table disaggregates revenue by product classification:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Millwork products

 

$

99.5

 

 

$

103.5

 

 

$

194.8

 

 

$

198.8

 

Building products

 

 

101.1

 

 

 

99.4

 

 

 

189.3

 

 

 

184.9

 

Wood products

 

 

17.9

 

 

 

20.5

 

 

 

31.8

 

 

 

37.7

 

Net sales

 

$

218.5

 

 

$

223.4

 

 

$

415.9

 

 

$

421.4