Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Sales by Product Line [Table Text Block]

Wood Products and BMD segment sales to external customers, including related parties, by product line, are as follows:


	Three Months Ended March 31
	2023		2022
	(millions)
Wood Products (a)
LVL (b)	$	7.4	$	1.7
I-joists (b)	4.7		(2.2)
Other engineered wood products (b)	7.4		11.8
Plywood and veneer	91.3		161.2
Lumber	23.6		17.7
Byproducts	24.3		19.1

Other	6.5		5.2
	165.1		214.5

Building Materials Distribution
Commodity	547.5		1,102.0
General line	533.6		615.1
Engineered wood products	298.1		394.7
	1,379.2		2,111.8
	$	1,544.3	$	2,326.3

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(a) Amounts represent sales to external customers. Sales are calculated after intersegment sales eliminations to our BMD segment.

(b) Sales of EWP to external customers are net of the cost of all EWP rebates and sales allowances provided at various stages of the supply chain (including distributors, dealers, and homebuilders). For both the three months ended March 31, 2023 and 2022, approximately 79% of Wood Products' EWP sales volumes were to our BMD segment.

Segment information [Table Text Block]

An analysis of our operations by segment is as follows:


	Three Months Ended March 31
	2023		2022
	(thousands)
Net sales by segment
Wood Products	$	437,428	$	558,944
Building Materials Distribution	1,379,242		2,111,833
Intersegment eliminations (a)	(272,341)		(344,495)
Total net sales	$	1,544,329	$	2,326,282

Segment operating income
Wood Products	$	69,395	$	190,116
Building Materials Distribution	69,685		225,892
Total segment operating income	139,080		416,008
Unallocated corporate costs	(11,478)		(10,380)
Income from operations	$	127,602	$	405,628

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(a) Primarily represents intersegment sales from our Wood Products segment to our BMD segment.