Revenue

3 Months Ended

Mar. 31, 2024

Revenue [Abstract]

Revenue

3. REVENUE

The following table summarizes the percentages of our net sales attributable to each of our vertical markets for the three months ended March 31, 2024 and 2023:

	Three Months Ended March 31,
	2024		2023
Construction	59.2	%	56.2	%
CIG	22.7		25.2
Industrial & Utility	18.1		18.6
Total net sales	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 March 31, 2024 presentation.

We had no material contract assets, contract liabilities, or deferred contract costs recorded on the condensed consolidated balance sheet as of March 31, 2024 and December 31, 2023. In addition, for the three months ended March 31, 2024 and 2023, revenue recognized in the reporting period that was included in the contract liability balance at the beginning of the period was not material.