Segment and Product Information

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment and Product Information

15. Segment and Product Information

We offer an integrated solution to our customers providing manufacturing, supply, and installation of a full range of structural and related building products.  We provide a wide variety of building products and services directly to homebuilder customers. We manufacture floor trusses, roof trusses, wall panels, stairs, millwork, windows, and doors. We also provide a full range of construction services. These product and service offerings are distributed across 399 locations operating in 40 states across the United States, which have been reorganized into nine geographical regions following the ProBuild acquisition.  Centralized financial and operational oversight, including resource allocation and assessment of performance on an income (loss) from continuing operations before income taxes basis, is performed by our CEO, whom we have determined to be our chief operating decision maker (“CODM”).    

As a result of the reorganization following the ProBuild acquisition, the Company has nine operating segments aligned with its nine geographical regions (Regions 1 through 9). While all of our operating segments have similar nature of products, distribution methods and customers, certain of our operating segments have been aggregated due to also containing similar economic characteristics, resulting in the following composition of reportable segments:

· Regions 1 and 2 have been aggregated to form the “Northeast” reportable segment

· Regions 3 and 5 have been aggregated to form the “Southeast” reportable segment  

· Regions 4 and 6 have been aggregated to form the “South” reportable segment

· Region 7, 8 and 9 have been aggregated to form the “West” reportable segment

In addition to our reportable segments, our consolidated results include corporate overhead, other various operating activities that are not internally allocated to a geographical region nor separately reported to the CODM, and certain reconciling items primarily related to allocations of corporate overhead and rent expense, which have collectively been presented as “All Other”.  The accounting policies of the segments are consistent with those described in Note 2, except for noted reconciling items.  

The following tables present Net sales, Income (loss) from continuing operations before income taxes and certain other measures for the reportable segments, reconciled to consolidated total continuing operations, for the years ended December, 31, (in thousands):

	2015
Reportable segments	Net Sales		Depreciation & Amortization		Interest		Income (loss) from continuing operations before income taxes
Northeast	$	630,486	$	6,126	$	7,531	$	26,907
Southeast		917,022		6,200		14,598		13,703
South		1,098,359		13,633		13,272		39,533
West		789,275		10,111		6,217		31,177
Total reportable segments		3,435,142		36,070		41,618		111,320
All other		129,283		22,210		67,581		(129,902	)
Total consolidated	$	3,564,425	$	58,280	$	109,199	$	(18,582	)
	2014
Reportable segments	Net Sales		Depreciation & Amortization		Interest		Income (loss) from continuing operations before income taxes
Northeast	$	229,998	$	1,068	$	3,634	$	3,464
Southeast		672,059		2,743		11,925		5,465
South		574,831		2,963		7,761		13,832
West		—		—		—		—
Total reportable segments		1,476,888		6,774		23,320		22,761
All other		127,208		2,745		7,029		(3,092	)
Total consolidated	$	1,604,096	$	9,519	$	30,349	$	19,669

	2013
Reportable segments	Net Sales		Depreciation & Amortization		Interest		Income (loss) from continuing operations before income taxes
Northeast	$	239,860	$	1,313	$	3,813	$	5,715
Southeast		649,654		3,356		11,214		9,199
South		492,344		1,991		7,247		10,061
West		—		—		—		—
Total reportable segments		1,381,858		6,660		22,274		24,975
All other		108,034		2,645		67,364		(66,571	)
Total consolidated	$	1,489,892	$	9,305	$	89,638	$	(41,596	)

Asset information by segment is not reported internally or otherwise reviewed by the CODM nor does the company earn revenues or have long-lived assets located in foreign countries.  The Company’s net sales by product category for the periods indicated were as follows (in thousands):

Sales by product category were as follows for the years ended December 31:

	2015		2014		2013
	(In thousands)
Lumber & lumber sheet goods	$	1,151,657	$	563,392	$	570,830
Windows, doors & millwork		868,835		505,501		435,779
Manufactured products		644,391		333,589		295,481
Gypsum, roofing & insulation		265,867		46,934		46,362
Siding, metal & concrete products		269,236		41,794		37,890
Other building & product services		364,439		112,886		103,550
Total sales	$	3,564,425	$	1,604,096	$	1,489,892