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Revenue
9 Months Ended
Sep. 30, 2019
Revenue From Contract With Customer [Abstract]  
Revenue

2. Revenue

The following table disaggregates our sales by product category (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Lumber & lumber sheet goods

 

$

605,494

 

 

$

818,693

 

 

$

1,724,670

 

 

$

2,273,761

 

Manufactured products

 

 

401,245

 

 

 

385,894

 

 

 

1,092,896

 

 

 

1,050,963

 

Windows, doors & millwork

 

 

407,397

 

 

 

372,453

 

 

 

1,151,836

 

 

 

1,080,120

 

Gypsum, roofing & insulation

 

 

149,676

 

 

 

146,648

 

 

 

408,983

 

 

 

400,797

 

Siding, metal & concrete products

 

 

201,068

 

 

 

196,591

 

 

 

542,275

 

 

 

528,290

 

Other building products & services

 

 

216,155

 

 

 

198,188

 

 

 

596,198

 

 

 

574,860

 

Net sales

 

$

1,981,035

 

 

$

2,118,467

 

 

$

5,516,858

 

 

$

5,908,791

 

 

Information regarding disaggregation of sales by segment is discussed in Note 13 to the condensed consolidated financial statements. Sales related to contracts with service elements represents less than 10% of the Company’s net sales for each period presented.

The timing of revenue recognition, billings and cash collections results in accounts receivable, unbilled receivables, contract assets and contract liabilities. Contract asset balances were not significant as of September 30, 2019 or December 31, 2018. Contract liabilities consist of deferred revenue and customer advances and deposits. Contract liability balances are included in accrued liabilities on our consolidated balance sheet and were $48.3 million and $42.1 million as of September 30, 2019 and December 31, 2018, respectively.