Revenue

12 Months Ended

Dec. 31, 2023

Revenue [Abstract]

Revenue

3. REVENUE

The following table summarizes the percentages of our net sales attributable to each of our vertical markets for the years ended December 31, 2023, 2022 and 2021:

	For the Years Ended December 31,
	2023		2022		2021
Construction	58.4	%	56.8	%	58.5	%
CIG	23.3		26.0		25.5
Industrial & Utility	18.3		17.2		16.0
Total net sales	100.0	%	100.0	%	100.0	%

Certain reclassifications have been made to the vertical market assigned to customers in the prior year’s information to conform to the December 31, 2023 presentation.

We had no material contract assets, contract liabilities, or deferred contract costs recorded on the consolidated balance sheet as of December 31, 2023 and 2022. In addition, for the years ended December 31, 2023, 2022 and 2021, revenue recognized in the reporting period that was included in the contract liability balance at the beginning of the period is not material.